CoreCrypto1

TOTAL M.CAP ANALYSIS! BULLISH RALLY AHEAD!!

做多
CRYPTOCAP:TOTAL   加密货币总市值,$
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Welcome to this TOTAL market cap update. TOTAL M.CAP looks promising here.

Here are some reasons why I'm bullish:

1) Total M.cap is trading inside a rising channel in a 3-days time frame where it is forming HH and HL. After making a recent HL now it is ready to make a new HH.
2) It's breaking out from the falling wedge and looks like a retest is also done. After making a retest it gives the confirmation by making a green candle.
3) Holding above the purple line very accurately so far.
4) Holding the pink MA which is quite bullish.

Invalidation level:- If any candle closes below pink MA. Previously when it loses this MA market dumps 40-50%

What do you think about this?
Do you think we might see a bullish rally in upcoming months or do you think that a big dump is coming soon?
Share your views and ideas in the comment section.

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Thank You!

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