CoreCrypto1

TOTAL M.CAP ANALYSIS! BULLISH RALLY AHEAD!!

Long
CRYPTOCAP:TOTAL   Capitalisation boursière totale Crypto, $
Hello everyone, if you like the idea, do not forget to support with a like and follow.

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.

If you like this idea then do support it with like and follow.

Thank You!

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.