*🚨 Altcoin Season Loading? Falling Wedge Pattern Spotted! 🧠📈*
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📉 *Chart Overview:*
The chart shows *OTHERS/BTC* (Altcoins vs. Bitcoin) on a *2-week timeframe*, currently sitting near the bottom of a *long-term falling wedge* — a *bullish reversal pattern*.
📌 *Key Levels:*
- *Support:* 0.08
- *Resistance targets:* 0.27 → 0.52 (if breakout confirms)
- *Current level:* 0.11 — right at wedge support zone
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🔍 *Pattern Insight:*
A falling wedge usually signals *seller exhaustion* and *upside breakout potential*. The compressed price action shows declining bearish momentum — a move upward could ignite *altcoin dominance vs BTC* 🚀
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🔥 *What This Means:*
If this wedge breaks upward (as the inset illustration suggests), it could mark the *start of a major altcoin rally*, with capital rotating from BTC into mid/small caps 💥
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*TL;DR:* Altcoins may be near a *generational entry point* — the setup is forming, now we watch for breakout confirmation 👀
#NFPWatch #TrumpVsMusk #DYMBinanceHODL #GENIUSActPass #BinancelaunchpoolHuma