TOTAL MARKET CAP (Y21.P2.E2.v3).Correction still playing out
Hi All,
I would like to think that BTC and the ALTs will rally strong here however the total market cap says otherwise. Here we have 3 elements which indicate a strong resistance.
a) Breakout from a structural ascending wedge b) Horizontal and sloping resistance c) Previous support now likely to be resistance d) 10 and 20 daily ema cross over and currently hitting price
So this rally might be short lived and until Total Market Cap reaches its target, we might still look at BTC hitting 42k to 45k.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.