Hello crypto community ,Welcome to new update for total index today:
From June 18, 2022, when I posted the last analysis, it took about 1 month to recover and regain the $1T level as an important psychological support for the Crypto Total Marketcap! and as we can see in the daily time frame bulls was able to retake the pivot zone that now acts as a support zone ,It seems that the total index aims to fills higher VG(volume gap ) zone or likely touches the the blue VWAP line ,
so in this case the next and is the higher levels are red resistance zone or descending trend line, so it may even see these levels but if it want to rise more should breakout the descending trendline , Although I expect to decline if it see these levels .
anyway otherwise if it loses the current support-pivot zone it can even see the lower demand zone !
âïž Good luck with your trading and investing and remember: Trade smartâŠOR JUST DONâT TRADE!
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đThis analysis is my personal opinion ,not a financial advice ,so do your own research.
đif you're fan of my analyses please follow me , give a big thumbs đ OR drop a comment đŻ
From June 18, 2022, when I posted the last analysis, it took about 1 month to recover and regain the $1T level as an important psychological support for the Crypto Total Marketcap! and as we can see in the daily time frame bulls was able to retake the pivot zone that now acts as a support zone ,It seems that the total index aims to fills higher VG(volume gap ) zone or likely touches the the blue VWAP line ,
so in this case the next and is the higher levels are red resistance zone or descending trend line, so it may even see these levels but if it want to rise more should breakout the descending trendline , Although I expect to decline if it see these levels .
anyway otherwise if it loses the current support-pivot zone it can even see the lower demand zone !
âïž Good luck with your trading and investing and remember: Trade smartâŠOR JUST DONâT TRADE!
--------------------------------------------------------------------------------------------------------------------
đThis analysis is my personal opinion ,not a financial advice ,so do your own research.
đif you're fan of my analyses please follow me , give a big thumbs đ OR drop a comment đŻ