BITCOIN Market Cap shows the way
A Total Crypto Market Cap chart with the 1W MA20 showing the points of pressure/ contact and the subsequent action.
Three contact attempts (red arrows) with the MA20 resulted into a rejection but the third has been the key as it took place after the bottom. This signals the start of the consolidation period that lasted 31 weeks. The next contact resulted into a spike that didn't last but the second was the signal of the start of the bull market.
My strategy remains buying every dip up to December's bottom.
Three contact attempts (red arrows) with the MA20 resulted into a rejection but the third has been the key as it took place after the bottom. This signals the start of the consolidation period that lasted 31 weeks. The next contact resulted into a spike that didn't last but the second was the signal of the start of the bull market.
My strategy remains buying every dip up to December's bottom.
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💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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