<ul class="news-points"> 
 <li>On Saturday, an analyst predicted that altcoins could soon see their prices rise due to a Massive Wyckoff Accumulation Pattern.</li> 
 <li>The altcoin market has entered the fourth phase of the patterns –prices tend to move to at least the upper resistance lines.</li> 
 <li>Meanwhile, the global cryptocurrency market capitalization rose 2.49% over the past 24 hours.</li> 
</ul> 
The <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" rel="noopener noreferrer nofollow">cryptocurrency</a> trader and analyst that goes by the name Mags revealed in an X post on Saturday that altcoins may soon see their prices rise to align perfectly with “Uptober”. According to the post, the altcoin market has been trading inside a Massive Wyckoff Accumulation Pattern, which comprises 5 phases. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/Altcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Altcoin</a> Bull Run Is Finally Here ?? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> The Altcoin Market Cap has been trading inside a Massive Wyckoff Accumulation Pattern <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> This Pattern consists of 5 Phases : • PHASE A : This phase marks the end of the downtrend as supply weakens after intense selling. • PHASE B :… <a href="https://t.co/h9B9e0YfHh" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/h9B9e0YfHh</a>— Mags (@thescalpingpro) <a href="https://twitter.com/thescalpingpro/status/1708081801632301117?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 30, 2023</a> 
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The analyst believes that the altcoin market has just entered the fourth phase of this accumulation pattern. During this specific phase, prices tend to move to at leas… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/altcoins-are-poised-for-a-bullish-october-predicts-trader/">Altcoins Are Poised For A Bullish October: Predicts Trader</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Altcoins Are Poised For A Bullish October: Predicts Trader

Coin Edition

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