Total Market Caps inverted head & shoulder patterns
Hello Everyone,
On the Total Market cap grapsh incl. and excluding BTC and ETH you can clearly see that both are breaking out of an inverted Head & Shoulders pattern.
The Total Market Cap incl. BTC and ETH broke already out and is currently trying to hold support at the Fibonacci level 1.0. When this support is succesfully tested an outbreak to a 5.24T Market cap is possible.
The Total Market Cap excl. BTC and ETH is moving in a similar pattern slightly behind it. It is currently testing support in a Gold pocket zone. When this support is succesfully tested, the entire crypto market is ready to make a move up.
The patterns are very clear. There is a huge potential move up possible.
On the Total Market cap grapsh incl. and excluding BTC and ETH you can clearly see that both are breaking out of an inverted Head & Shoulders pattern.
The Total Market Cap incl. BTC and ETH broke already out and is currently trying to hold support at the Fibonacci level 1.0. When this support is succesfully tested an outbreak to a 5.24T Market cap is possible.
The Total Market Cap excl. BTC and ETH is moving in a similar pattern slightly behind it. It is currently testing support in a Gold pocket zone. When this support is succesfully tested, the entire crypto market is ready to make a move up.
The patterns are very clear. There is a huge potential move up possible.
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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.