Crypto Total Market Cap, Aiming Lower (Weekly Analysis)

The Crypto Total Market Cap. (TOTAL) is now moving below EMA10 after a strong bearish signal...
This one looks like another repeat of the BTCUSD chart.
We have a lower high compared to June, marked with a red rectangle.
We have the MACD and RSI trending lower... See below.
MACD

RSI

Looking closer at this chart, it seems that Bitcoin can go as low as $4000-$5000.
Conditions for change
If the market cap. moves above the mid-Aug. high this setup becomes invalid.
Remember that the charts are always changing and can always change... Use a stop-loss if you decide to trade.
Just as we saw how the Coronavirus hype was used to change the world as we know it...
Many other events can take place with similar results.
Share with us in the comments below.
Namaste.
Latest Bitcoin update
Bitcoin On Multiple Timeframes (Daily, 4H) Below $9.2 If This...

Altcoins Market Update

This one looks like another repeat of the BTCUSD chart.
We have a lower high compared to June, marked with a red rectangle.
We have the MACD and RSI trending lower... See below.
MACD
RSI
Looking closer at this chart, it seems that Bitcoin can go as low as $4000-$5000.
Conditions for change
If the market cap. moves above the mid-Aug. high this setup becomes invalid.
Remember that the charts are always changing and can always change... Use a stop-loss if you decide to trade.
Just as we saw how the Coronavirus hype was used to change the world as we know it...
Many other events can take place with similar results.
Share with us in the comments below.
Namaste.
Latest Bitcoin update
Bitcoin On Multiple Timeframes (Daily, 4H) Below $9.2 If This...

Altcoins Market Update

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💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.