See charts of Total Market Cap below!! I don't believe in how most people are using individual coins when trying to determine when the market is going to reverse!! Yes, you can use them to trade during bear or bull trends but when looking for when the market is going to reverse you need to look at the total market. This is speculative market we are trading in!!
Note
Note
In the last chart you can see we are currently testing a big resistance line. This is definitely what I am watching right now and seeing if we can stay above it. Or if we are going to break below. And if we do we have big drop ahead of us.Note
Pattern broke down... Looking we might have awhile longer to wait for our bull market. Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.