MARKET ANALYSIS ➡️#ALTS(Altcoins)

The ALTS market cap is facing crucial horizontal resistance, increasing the possibility of a correction or downward movement.

What is safe is that we are still at horizontal support and waiting for the monthly BITCOIN close.

However, in our favor we also have the Ichimoku Cloud that is providing strong support below the ascending triangle pattern.

A decisive break above the horizontal resistance is bullish, while a break below the horizontal support level we are at now is bearish.

A break of either point is needed to confirm the next directional movement of the ALTS.