We are seeing a pennant and inverse head and shoulders on 4h time frame of Total Altcoin Market Cap. Powerful reversal setup. Meanwhile, US Dollar Index DXY is at support in an environment where inflation is a huge fear. I expect a breakdown of the Dollar, leading to one final huge rush into assets as peak inflation fear erupts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.