Around a week ago I made an analysis on the total crypto market cap. Here I noted that we were forming a cup & handle pattern.
Recently, the total market cap has yet again reached the resistance line drawn on the chart. Furthermore, the total market cap has yet to break though said resistance.
3 days ago we had our first test, today we're testing again. To 100% confirm the break out I'm looking at a value of >$2.45T (6 Sept high).
Once the break out finally happens, we're in for some crazy bullish price action. First target placed at $3T.
Happy trading!
Recently, the total market cap has yet again reached the resistance line drawn on the chart. Furthermore, the total market cap has yet to break though said resistance.
3 days ago we had our first test, today we're testing again. To 100% confirm the break out I'm looking at a value of >$2.45T (6 Sept high).
Once the break out finally happens, we're in for some crazy bullish price action. First target placed at $3T.
Happy trading!
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