Crypto Total Market 3 - JULY 2024 FORECAST
Updated
TOTAL3 Chart Here!
** (TOTAL3 shows the total market capitalization of the top-125 cryptocurrencies,
excluding BTC and ETH.) **
Bitcoin and mostly altcoin just got rejected by some major structural &fib resistance
This could be healthy for the long run -if TOTAL3 reverses from this support area
Organic growth of the market includes these types of pullbacks as we all know
Dollar Cost Averaging into these pullbacks could be a good strategy long term
However considering we are at historical lows of the altcoins market i wouldn't allocate to much dollars aside for DCA-ing right now (maybe around 10-15%) of my total portfolio. Or less.
** (TOTAL3 shows the total market capitalization of the top-125 cryptocurrencies,
excluding BTC and ETH.) **
Bitcoin and mostly altcoin just got rejected by some major structural &fib resistance
This could be healthy for the long run -if TOTAL3 reverses from this support area
Organic growth of the market includes these types of pullbacks as we all know
Dollar Cost Averaging into these pullbacks could be a good strategy long term
However considering we are at historical lows of the altcoins market i wouldn't allocate to much dollars aside for DCA-ing right now (maybe around 10-15%) of my total portfolio. Or less.
Trade active
market rejected at critical fib level - see the level on chart - keep you updated.
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