Bearish sign for the Altcoins.
Altcoin Index Perpetual Futures FTX:ALTPERP
The chart explains it all! Not at all good for the alts.
Descending triangle has almost squeezed and thus resulting a quick volatility!
In order to ignore this bearish sign ALTPERP has to close a couple candle above the green zone! atleast a 2 candles above the 4000 to 4100 zone.
Or we may break the 3k strong support so hard and reach the next support level range of 2200 to 2500.
Safe trading!
