All eyes on this chart!👁️
TOTAL 3 has been forming a textbook falling wedge✅
And we are now extremely close to a breakout!
This falling wedge is a bullish continuation pattern.
After a confirmed breakout it's likely that downside is limited.
The general Altcoin market can then start a new uptrend.
The strength of Altcoins in the last days has been remarkable.
Even during the biggest stock market crash in years, #Altcoins have been holding up EXTREMELY well.
Everyone has been calling for a recession but what if this scenario is already priced in?
While nearly everyone has been maximum bearish I have been buying in the past weeks.
This is something I haven't done in a long time but the prices on Altcoins are just too good at this point and this is a clear bullish setup.
Like I said, I'm still watching for a confirmed breakout on TOTAL 3.
This will give a lot more clarity and will signal that downside is likely limited as long as the previous lows can hold.
The next weeks will be exciting and I can't wait to see how things will play out from here!👁️