Total2, Crypto Market without Bitcoin
Furthermore, Total2 also gave us the opportunity we were looking for, wicking straight through the 790bn level down to 730bn before closing above and now sitting at 852bn.
A possible scenario which I can't rule-out from here is trading back up towards 950bn resistance and correcting back down once more, this would lean into Bitcoin testing 60k resistance before a further pullback later this week or early next week.
Once again, the levels which Alts are now trading must be considered as opportunities and nothing else. A DCA strategy should now be deployed with more aggressive action being taken in the event of one further pullback.
As ever, this information is only my opinion and not financial advice, always DYOR and only risk what you can afford to lose.
A possible scenario which I can't rule-out from here is trading back up towards 950bn resistance and correcting back down once more, this would lean into Bitcoin testing 60k resistance before a further pullback later this week or early next week.
Once again, the levels which Alts are now trading must be considered as opportunities and nothing else. A DCA strategy should now be deployed with more aggressive action being taken in the event of one further pullback.
As ever, this information is only my opinion and not financial advice, always DYOR and only risk what you can afford to lose.
Gavin Berry
Founder
Zero Gravity Consultancy
info@zero-gravity.io
Founder
Zero Gravity Consultancy
info@zero-gravity.io
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.