Search
Products
Community
Markets
News
Brokers
More
EN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
TOTAL Crypto market cap - New rising wedge on the weekly chart!
Crypto Total Market Cap, $
Long
TOTAL Crypto market cap - New rising wedge on the weekly chart!
By UnknownUnicorn2537518
Follow
Follow
Aug 7, 2022
6
7
42
42
Aug 7, 2022
2023 is going to be a very bullish year for crypto in my opinion!
I believe we can reach a market cap of 6-7 trillion dollars by December 2023.
Most likely, you have never seen this rising wedge elsewhere, because it's a brand new pattern on the weekly scale (LOG).
200 moving average is considered a strong support by huge institutions and hedge funds, and the bulls successfully defended this area.
As per my Elliott Wave analysis, the ABC correction has been completed on the macro scale, and now we are ready for another bull market.
We have a tremendous confluence to buy cryptocurrencies at this moment, as you can see on the chart.
I expect massive gains for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Bitcoin (Cryptocurrency)
Bullish Flag
Bullish Trend Line
Descending Channel
Elliott Wave
Falling Wedge
Fibonacci Retracement
Fundamental Analysis
Rising Wedge
Support and Resistance
total
Zigzag
UnknownUnicorn2537518
Follow
Related publications
Tranchess CHESS - 1-year trendline is breaking out!
by UnknownUnicorn2537518
Keep3rV1 KP3R - Ready for a massive breakout! Head and Shoulders
by UnknownUnicorn2537518
Request REQ - Massive wedge is breaking out! + New bull market
by UnknownUnicorn2537518
AUTO - Massive channel is breaking out! Huge gains, Elliott Wave
by UnknownUnicorn2537518
Biconomy BICO - Ready for a massive breakout! Wedge + Triangle
by UnknownUnicorn2537518
OG Fan Token! 2020 trendline is breaking out! Head and Shoulders
by UnknownUnicorn2537518
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.