#ANÁLISE FROM THE ALTS MARKET CAP

The ALTS market cap is recovering from the channel support trendline after a search for liquidity, evident from the strong wick below.

It is currently trading above the support trendline, with the 200-period moving average (200MA) and the Ichimoku Cloud acting as resistance barriers.

A decisive break above these two indicators and the pattern could trigger a strong uptrend in the ALTS market.