Saving the fibonacci channel configuration of TOTAL for future analysis.
Currently level 0.786 is supported and value is within the 0.786 - 1.0 fib channel
Downside Scenario: There is possibility for TOTAL to sidestep inside the current channel until the blue downtrend line and force a drop to the 0.618 level (around March - April)
In case of breakout of the downtrend line and retest within the current fibonacci channel, Crypto Total Market Cap will show high volume with possible recovery to the 1.0 fib level.
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snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

Clause de non-responsabilité