Altcoin market is forming a lower degree bullish setup [Video]

Gregor Horvat Wavetraders

ALTcoin market with ticker TOTAL2, which excludes Bitcoin shows a completed higher degree wave 4 correction and it can be getting ready for a bullish continuation within wave 5. It could be forming a lower-degree bullish setup with waves (1) and (2), so as soon as it completes an ABC pullback in wave (2), watch out for strong bulls within wave (3) of a five-wave bullish cycle.

TOTAL2 4H Chart

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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