The current market situation is baffling, TBH, its a mess and lots of FUD.
Anyways, here's an update on the ALTMCAP (TOTAL2).
On 12th May 2021, we saw the Total2 reaching its highest point at $1.418 Trillion, and from that point, within 11 days it dropped to $619.6 Billion. It was a huge blow on everyone's face as the market bleed bad. This fall was not good neither for BTC nor for the Altcoins. In this chart, we can see the present scenario 1 of the market which is leaning towards the bullish side but scenario 2 is little bleed and less likely but it could be possible. The Total2 needs to break above the resistance trendline and then come for a retest for bullish confirmation. Currently, it is above the 50 D MA which is a good sign but if it closes below this MA then it may fall to test the supportive trendline.
I believe things will change soon.
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sir please tell me by which broker you trade on cryptocap
Bitking786
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@HuzaifAhmd, you can't trade on cryptocap, its just for data analysis which provide by tradingview.
HuzaifAhmd
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@Bitking786, well but in some cryptos the overall prices seems same in higher time frame but in lower timeframes it seems different.specially in index
HuzaifAhmd
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@Bitking786, and sir you might know about shiba , can you tell me any platform where i can trade direct in shiba index not in exchangers
Bitking786
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@HuzaifAhmd, if you can trade shibu with inr, so wazirx is the best platform where you can trade directly on shib or do trading with usdt then use binance.