TOTAL2 Weekly TF Analysis (Bounce, Drop, Up)
This is an interesting chart.
TOTAL2, the index for the top 125 cryptocurrencies excluding Bitcoin.
TOTAL2 bounced right at EMA300/MA200.
The grey/black lines on the chart.
TOTAL2 managed to close above EMA300 back in March 2020, afterward a strong bullish market followed.
This time around we can see another bounce at this level:
- The RSI is starting to curve upward.
- We can also appreciate a hidden bullish divergence.
The difference between now and March 2020 is big.
After March 2020 the market moved straight up.
After July 2022, we can see a bounce followed by another crash before the phase of sustained long-term growth.
(Bounce, drop then up)
TOTAL Weekly Chart:
Namaste.
TOTAL2, the index for the top 125 cryptocurrencies excluding Bitcoin.
TOTAL2 bounced right at EMA300/MA200.
The grey/black lines on the chart.
TOTAL2 managed to close above EMA300 back in March 2020, afterward a strong bullish market followed.
This time around we can see another bounce at this level:
- The RSI is starting to curve upward.
- We can also appreciate a hidden bullish divergence.
The difference between now and March 2020 is big.
After March 2020 the market moved straight up.
After July 2022, we can see a bounce followed by another crash before the phase of sustained long-term growth.
(Bounce, drop then up)
TOTAL Weekly Chart:
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.