Is ALTcoin Market Finally Ready For A Bullish Continuation?

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We talked about ALTcoin market back in June, where we mentioned and highlighted an incomplete five-wave bullish impulsive cycle. We warned about wave 4 correction within uptrend, which can be now finally completed at the end of 2024.

As you can see today, ALTcoin market with ticker OTHERS that excludes top 10 cryptocurrencies may have a completed wave 4 correction and it can be ready for a bullish continuation within 5th wave towards all-time highs and 500B area, especially if breaks decisively above channel resistance line and 300B area.

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OTHERS Daily Chart

We also want to update cryptocurrency Fetch.AI with ticker FETUSD which could have a completed higher degree wave (4) correction as well, so while the channel support line and 0.60 invalidation level hold, watch out for a bullish resumption for wave (5).

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