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Total Market Cap battling 0.702 FIB

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Det Totala Marknadsvärdet för Krypto, $ (CRYPTOCAP:TOTAL)  
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CRYPTOCAP:TOTAL   Det Totala Marknadsvärdet för Krypto, $
Trend Analysis Chart Patterns Technical Indicators TMC totalmarketcap
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trendanalysis chartpattern indicator tmc totalmarketcap
It is clear that TMC has been battling the TMC ever since it tested the 50D SMA back in Sep 7th. A retest for the 50D SMA seems in the cards at 0.618 FIB level in the coming days, could be very much this weekend. That would be a 7% drop to 2 trillion for the total market cap. This would translate to the Alts averaging a 15% drop, while BTC drops 7% to 10% which would be the bottom of the daily BB and the weekly 21 EMA.

Assuming the 0.618 holds then the market should move north from there.
Trade stängt: målet nått:
As expected, the market reacted and the overdue correction met the FIB levels as BTC touched the 21W EMA along the way.
Unless you figure a way to make money while you sleep, you’ll work till you die.
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