Crypto Market Cap Correction

By farhadnmd
Updated
It seems that the whole market is forming a head and shoulders pattern. If the total market cap rejects the range of 350B - 360B which is the all-time resistance, the right shoulder will be drawn and completes the pattern. Accordingly, it has the potential to see 285B as a correction to %61.8 Fibonacci before breaking out the all-time resistance at the range of 350B - 360B.
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snapshot
The right shoulder developed a little more but the pattern confirmed and the correction is almost here
correctionCryptocurrencycryptomarketcapFibonacciHead and ShouldersmarketcapTrend Analysis

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