Total Crypto Market Cap is moving within a broadening channel that’s gradually opening to the upside — like a beautifully unfolding glass structure.
It recently tested the lower boundary of this channel and is now attempting to break above a key horizontal resistance zone and the 50-week moving average.
A weekly candle close above both levels could be a strong signal for renewed capital inflow into the crypto space.
This week’s close could set the tone for what’s ahead — keep your eyes on the chart. 🚀📈
It recently tested the lower boundary of this channel and is now attempting to break above a key horizontal resistance zone and the 50-week moving average.
A weekly candle close above both levels could be a strong signal for renewed capital inflow into the crypto space.
This week’s close could set the tone for what’s ahead — keep your eyes on the chart. 🚀📈
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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.
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.