TOTAL (crypto market cap) - Support, Resistance, Trend - October
TOTAL index has been in a short-term daily uptrend since October 2021.
The price has currently rejected down from the horizontal resistance (top yellow box). A double-top price pattern has also formed in the price (september 6th and october 9th).
Bearish scenario: price falls below $2.24T, $2.14T down to $2.00T.
Bullish scenario: price breaks above $2.4T and continues up past $2.5T, $2.6T.
Resistance(s): $2.35T, $2.40T, $2.48T, $2.50T, $2.53T, $2.60T.
Support(s): $2.24T, $2.14T, $2.00T, $1.94T, $1.80T, $1.65T.
The price has currently rejected down from the horizontal resistance (top yellow box). A double-top price pattern has also formed in the price (september 6th and october 9th).
Bearish scenario: price falls below $2.24T, $2.14T down to $2.00T.
Bullish scenario: price breaks above $2.4T and continues up past $2.5T, $2.6T.
Resistance(s): $2.35T, $2.40T, $2.48T, $2.50T, $2.53T, $2.60T.
Support(s): $2.24T, $2.14T, $2.00T, $1.94T, $1.80T, $1.65T.
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All posts are not financial advice.