This one line decides the next move for crypto.
Total market cap has been falling inside this channel since late September. It got rejected at the top a couple of days ago, dropped hard, and is now at the bottom line, around $2.53T.
If it holds here, the whole market can bounce.
If a 12h candle closes below the channel, more downside is likely and alts will feel it the most.
I'm waiting to see which way it goes before making any move.
NFA, ALWAYS DYOR
#TOTALMARKETCAP #Write2Earn
Total market cap has been falling inside this channel since late September. It got rejected at the top a couple of days ago, dropped hard, and is now at the bottom line, around $2.53T.
If it holds here, the whole market can bounce.
If a 12h candle closes below the channel, more downside is likely and alts will feel it the most.
I'm waiting to see which way it goes before making any move.
NFA, ALWAYS DYOR
#TOTALMARKETCAP #Write2Earn
