total crypto market cap.
total crypto market cap just tagged the 100% extension for this massive zig-zag.
is that all the blood we're going to see in the short term?
possibly.
if 100% extension successfully holds, we will see a mean retracement of this move, before further downside.
---
if it happens to get below it \ flip it into resistance, we could potentially enter into capitulation territory;
where the titanic would simply sink, and it would take everyone with it who didn't bring a life jacket.
---
stop loss is your lifejacket in this market, be careful out there my peoples.
is that all the blood we're going to see in the short term?
possibly.
if 100% extension successfully holds, we will see a mean retracement of this move, before further downside.
---
if it happens to get below it \ flip it into resistance, we could potentially enter into capitulation territory;
where the titanic would simply sink, and it would take everyone with it who didn't bring a life jacket.
---
stop loss is your lifejacket in this market, be careful out there my peoples.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.