Today My crypto Alert - 11th August,2024

Hello, everyone.
I am a crypto analyzer. Everyday I try to share some crypto coin. If anyone want to follow my signal, you can. I think you can be benefited from my signal. So now I am sharing the result of my analysis...



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#ALTS MARKET CAP ANALYSIS

The ALTS market cap has broken down from a descending triangle with significant volume. It is currently bouncing off the 200-day moving average, which is acting as support while testing the triangle.

A successful test would confirm a bearish trend, as the 100-day moving average (100MA) indicates bearish momentum above the price action. Conversely, a breakout above the triangle could lead to further consolidation within the pattern