altcoins

The crypto market has been chopping and largely flat for several months, failing to keep up with the parabolic move in equities. I’m curious to see how this plays out over the summer, whether we get a drop into the lower range where I’d look to accumulate BTC ETH and SOL aggressively, or a breakout with upside momentum that creates a strong trading environment. Either scenario should offer the kind of setups a trader wants to see, with opportunities continuing to emerge either way.
And here’s a chart showing what crypto altcoins actually look like, excluding BTC, ETH, and stablecoins. It’s arguably one of the cleanest charts out there alongside TOTAL3. There’s actually an ascending wedge forming here near the lows, just below downtrend resistance, which favors an upside breakout and momentum continuation. Meanwhile, the broader TOTAL chart, together with Bitcoin, is trading within a rising channel, which could still point to a move into the lower range. But looking purely at these two altcoin driven charts, the structure doesn’t look bad at all for a potential summer rally.
#TOTAL3ES (1D)