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A quick chart showcasing the total crypto market cap excluding BTC vs your favorite altcoins. In this case, Energy Web Chain.
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Comparing the total MC of the crypto space (excluding BTC) and applying the Ketlener Channels plus some moving averages, we can get a sense of the overal direction of the market.
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BTCBUSD
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720Long
Just an idea that I've had for a while. After the highest sell volume on Nov 8th and ever decreasing since then it just seems that institutional players are finally accumulating. I believe that we're about to enter Phase C of the Wyckoff Accumulation. There will be a 'shake out' where a lot of shorts/bears will be trapped once we hit that spring - I'm thinking...
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