Is the FALL in CRYPTO TOTAL MARKET CAP OVER??
WoW....a nice POP right up to the 200MA and the 50% Fib Ret Line and an immediate pullback (indicating a trend change) and now has fallen back to the bottom up red dotted channel line.
This rejection and decline in RSI indicate that we're in another bear move down...the only questions let are how far and will it be the last one before this whole bear wave since Nov 2021 will be done.
I suspect we'll have to wait for the FED meeting in Mar, 2022 before one might expect any new direction.
Probably going back to the Daily chart.
Thanks for all the AGREEDS ~~ LIKES ~~ AND FOLLOWS!!
I hope you're finding what I do helpful...thx again!
This rejection and decline in RSI indicate that we're in another bear move down...the only questions let are how far and will it be the last one before this whole bear wave since Nov 2021 will be done.
I suspect we'll have to wait for the FED meeting in Mar, 2022 before one might expect any new direction.
Probably going back to the Daily chart.
Thanks for all the AGREEDS ~~ LIKES ~~ AND FOLLOWS!!
I hope you're finding what I do helpful...thx again!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。