📊#ALTS MARKET CAP ANALYSIS
📈The ALTS market cap is facing rejection from the horizontal supply zone after breaking out of the symmetrical triangle.
🟢Currently, it is gaining momentum from the 21MA, which is acting as strong support.
💵A breakout above the supply zone could lead to the formation of a new peak, signaling further bullish momentum.
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📊Here's the Analysis of #AVAX :
🟢#AVAX moving back and forth of the consolidation range and formed a strong range which is happening from past 171 days.
✅Nothing much as of now as no clean support and resistance, wait for the breakout to happen but LTF suggest shorting opportunities.
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🪙#BTC/USDT ANALYSIS
📊Bitcoin is rebounding from the support trendline of the descending channel and is now attempting to break above the 100MA, which is acting as a resistance barrier.
💵A successful breakout above both the 100MA and the channel could trigger a strong bullish rally in the market.
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#SEI/USDT is bouncing from neckline of the inverse head & shoulders on the daily chart🔍
Looks bullish🚀
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