Total market cap inverted H&S pattern before further up ?
Hello everyone,
Total market cap is up 50% (growed by 70 billions) since my latest call so I´ve decided to revisit the chart and make a update for you.
What I realized is that we are slightly bearish as bearish divergence is forming in the previous resistance zone but no need to panic !
I think it will be just shake out of weak hands which will lead to awesome inverted H&S pattern formation and further UP as expected in the previous chart.
Feel free to share your thoughts in the comments below and remember that likes are motivating me to keep charts updated and they are highly appriciated kind of feedback.
Cheers.
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Total market cap is up 50% (growed by 70 billions) since my latest call so I´ve decided to revisit the chart and make a update for you.
What I realized is that we are slightly bearish as bearish divergence is forming in the previous resistance zone but no need to panic !
I think it will be just shake out of weak hands which will lead to awesome inverted H&S pattern formation and further UP as expected in the previous chart.
Feel free to share your thoughts in the comments below and remember that likes are motivating me to keep charts updated and they are highly appriciated kind of feedback.
Cheers.
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
评论:
Im currently expecting further BTC correction & Total market cap exclude BTC is hitting some heavy resistance which supports this idea. You can track it here in my private chart
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IF YOU LIKE MY WORK, THEN PLEASE CONSIDER GIVING A THUMB UP TO SUPPORT ME & hit follow so you dont miss any of my new ideas.
Thanks
