TOTAL M.CAP ALSO SHOWS BEARISH RETEST!
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Welcome to this TOTAL M.cap update.
The total market cap looks bearish here. This recent pump just looks like a bearish retest. As you see in the chart, the total market cap breaks down from the symmetrical triangle in the daily time frame and currently rejecting after the perfect retest.
Two important supports $700B and $550B are I'm looking for after this bearish retest.
Invalidation:- Daily close above $860B
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
The total market cap also indicates a bearish retest.
Welcome to this TOTAL M.cap update.
The total market cap looks bearish here. This recent pump just looks like a bearish retest. As you see in the chart, the total market cap breaks down from the symmetrical triangle in the daily time frame and currently rejecting after the perfect retest.
Two important supports $700B and $550B are I'm looking for after this bearish retest.
Invalidation:- Daily close above $860B
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
The total market cap also indicates a bearish retest.
