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UnknownUnicorn3838311

Altcoins market cap chart looks scary, more downside to come

Crypto Total Market Cap Excluding BTC, $ (CRYPTOCAP:TOTAL2)  
UnknownUnicorn3838311  
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
Trend Lines Moving Averages Oscillators Cryptocurrency altcoin market capitalmarkets Bitcoin (Cryptocurrency)
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trendline movingaverage oscillator cryptocurrency altcoin market capitalmarkets bitcoin
The market cap excluding bitcoin, aka, Altcoin, is clearly in a downside trend.

MA50 is crossing MA200 and goes down. Death cross generated.

The technical picture looks very dim.

Weekly RSI is 43.66, heading down. Until it breaks out above resistance line, I don't think it's wise to buy the dip.

Idées en relation

UnknownUnicorn3838311
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UnknownUnicorn3838311
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UnknownUnicorn3838311
ETH, anothe big triangle in weekly chart, big move soon?
UnknownUnicorn3838311
Cyrpto market cap downtrend resumed, clearly bear dominates
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