Uptober Mode? - Will We See the Big Breakout?

Oct 1

📈🔥 Altcoins Ready for Uptober? 60% Breakout Probable! 🚀💥

It's been just 11 days since my last post, with TOTAL3 sitting at 584B. Now, as we step into October (or should we say "Uptober"?), the market cap has surged to 629B—almost 8% higher!

The chart is signaling a potential breakout at the 645B level, with a 60% probability given the current macroeconomic factors, including easing from China and potential interest rate cuts from the Fed. However, there are alternative scenarios: a 20% chance for sideways movement and another 20% for a drop back to 592B support.

This could be a pivotal moment for altcoins. What do you think? Let’s make the most of this exciting month!

One Love,
The FXPROFESSOR 💙

Big chart and previous (well timesd) breakout post here: