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#Can the October upward trend arrive as expected?
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has successfully broken out of the falling wedge pattern with substantial volume and is now trading within the Ichimoku Cloud. A breakdown through the cloud could lead to a retest of the wedge, signaling a potential correction in the ALTS market.
Conversely, if it breaks above the Ichimoku Cloud's resistance barrier, we could see a strong upward movement, indicating bullish momentum for ALTS.