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Altcoins have still space for more gains [Video]

Gregor Horvat Wavetraders

Hello Crypto traders!

Crypto market remains nicely bullish as expected and if we take a look at OTHERS Crypto market cap chart, which excludes top 10 cryptocurrencies, it’s looking for a bullish break into a 5th wave out of wave (4) bullish triangle pattern that can send the price into all-time highs and 500B area. Bullish confirmation is above upper triangle line and 400B area.

So, with current risk-on sentiment and while stocks have space for more upside, still watch out for more gains in the Crypto market once current consolidation fully unfolds, especially if we consider USDollar weakness.

Notice that back in 2021 BTC topped first, ETH and OTHERS ALTs (excluding top 10) put in a high a month later. Can this repeat with a nice triangle on OTHERS 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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