TOTAL2 - Holding 1TReally interesting development for TOTAL2 (cryptomarket cap excluding BTC).
We used this chart to predict the breakout in 2019/2020 and so far we had the exact same setup happen in 2022/2023.
Now that we have been going through the expansion phase, marketcap has had a brief stallout period the has formed some sort of symmetrical triangle (yellow lines).
What is really interesting about this is marketcap has continued to hold the MIL:1T level (bottom yellow line). Also, this week is trying to close as a doji (reversal candle) right at the MIL:1T level.