🚩#Crypto Market Update.
👉#CRYPTOCAP. As we say in French "Quand ça veut pas, ça veut pas" / When it doesn't want, it doesn't want... 4 attempts to frankly cross the $2 Trillion mark have been rejected in the last 48 hours... mainly due to profit taking on many Alts which reached their upper Bollinger bands, and indicating some possible minor reversals, with small pullback, overlap, etc... BUT definitely not a correction, nor a market drop like last month... as we'll probably start hearing on social media this weekend. Stay away from these coming FUD, guys.
👉#CRYPTOCAP. As we say in French "Quand ça veut pas, ça veut pas" / When it doesn't want, it doesn't want... 4 attempts to frankly cross the $2 Trillion mark have been rejected in the last 48 hours... mainly due to profit taking on many Alts which reached their upper Bollinger bands, and indicating some possible minor reversals, with small pullback, overlap, etc... BUT definitely not a correction, nor a market drop like last month... as we'll probably start hearing on social media this weekend. Stay away from these coming FUD, guys.
🚩#Crypto Market Cap Update‼️
👉 It is always sensitive to analyze the market during the weekend due to the usual inconsistencies, but the #CRYPTOCAP seems to have found its level to rebound, with the formation of a bullish channel which is very similar to the price structure shaped in the 1st bottom of the "Adam and Adam" pattern. To be continued...
👉 Personally, I wouldn't take any position until I had strong validation of a bounce from this support channel.
🌿 Have a nice weekend, everyone, and as usual stay safe in life & on your trades.
👉 It is always sensitive to analyze the market during the weekend due to the usual inconsistencies, but the #CRYPTOCAP seems to have found its level to rebound, with the formation of a bullish channel which is very similar to the price structure shaped in the 1st bottom of the "Adam and Adam" pattern. To be continued...
👉 Personally, I wouldn't take any position until I had strong validation of a bounce from this support channel.
🌿 Have a nice weekend, everyone, and as usual stay safe in life & on your trades.
✨ If I can reassure you somewhat: NO, IT'S NOT THE END OF THE WORLD‼️
👉🏻 The #CRYPTOCAP broke a support to hit $1.06T which confirms all the uncertainties on this market... but I will remind you that since 01/01/20 the #CRYPTOCAP is still bullish with +580%... enough to make jealous all the stock market indices on the planet. 😎
👉🏻 The #CRYPTOCAP broke a support to hit $1.06T which confirms all the uncertainties on this market... but I will remind you that since 01/01/20 the #CRYPTOCAP is still bullish with +580%... enough to make jealous all the stock market indices on the planet. 😎