List of Flash News about ascending triangle breakout
| Time | Details |
|---|---|
|
2025-11-01 10:31 |
$TOTAL2 Near 4.5-Year Ascending Triangle Breakout — Altseason Setup and Altcoin Market Cap Watch
According to @TATrader_Alan, the monthly chart of CRYPTOCAP:$TOTAL2 is nearing a breakout from a 4.5-year ascending triangle that could kick off Altseason. Source: X post by @TATrader_Alan on Nov 1, 2025. $TOTAL2 tracks the total crypto market capitalization excluding BTC, so a confirmed breakout would signal broad-based altcoin strength. Source: TradingView CRYPTOCAP:TOTAL2 symbol description. For confirmation, traders typically look for a monthly close above horizontal resistance with expanding volume to reduce false breakouts. Source: Edwards and Magee, Technical Analysis of Stock Trends. Altseason is commonly gauged when a majority of large-cap altcoins outperform BTC over a defined period, as tracked by the BlockchainCenter Altseason Index, making $TOTAL2 a key proxy. Source: BlockchainCenter Altseason Index methodology. Key risk is a failed breakout and whipsaw around prior highs; invalidation is often set on a close back below the breakout level. Source: Edwards and Magee, Technical Analysis of Stock Trends. |