It's no mystery that the crypto market has been getting hit pretty hard since mid-December. However, the total market cap—which had previously broken out of a nice cup-and-handle pattern—is now backtesting the rim line and looks to be setting up for what could be an incredible move upward over the next 6 to 9 months, with the potential for a double within that timeframe.
Good luck, and always use a stop loss!
Good luck, and always use a stop loss!
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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.