📈 1 Trillion TOTAL
The total cryptocurrency market capitalization recently hit 1 trillion and is staying there.
The last resistance was conquered 20-January and still no retrace in the past 3 days.
Here is the bullish signal, yesterday we had the highest daily close since November.
After the 20-Jan. jump, we had days of consolidation and while the wicks hit lower, the close was stronger and this is a hidden strength signal.
Will we see straight up for the cryptocurrency market?
I can't say but the charts that I am reading is saying so.
As long as the action is happening above 960 billion plus, we continue aiming straight up.
Going below 960B signals that a correction can show up.
Namaste.
The last resistance was conquered 20-January and still no retrace in the past 3 days.
Here is the bullish signal, yesterday we had the highest daily close since November.
After the 20-Jan. jump, we had days of consolidation and while the wicks hit lower, the close was stronger and this is a hidden strength signal.
Will we see straight up for the cryptocurrency market?
I can't say but the charts that I am reading is saying so.
As long as the action is happening above 960 billion plus, we continue aiming straight up.
Going below 960B signals that a correction can show up.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.