TOTAL MARKET CAP WEEKLY UPDATE! MUST BOUNCE FROM HERE!!
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Welcome to this Total market cap update. Total market cap is reaching at very important support level.
In the weekly time frame, it is trading inside a rising channel and currently near the lower trendline of this wedge.
Also, a bullish divergence occurs in the weekly time frame. So overall it must bounce from here.
If we break below this wedge then it can dump to 670B that means we see BTC at 28k if this happens. So keep an eye on this level.
Supports:- 960B/670B
Resistances:- 1.14T/1.5T
If you like this idea then do not forget to hit the like button.
Also, share your ideas in the comment section.
Thank You!
Welcome to this Total market cap update. Total market cap is reaching at very important support level.
In the weekly time frame, it is trading inside a rising channel and currently near the lower trendline of this wedge.
Also, a bullish divergence occurs in the weekly time frame. So overall it must bounce from here.
If we break below this wedge then it can dump to 670B that means we see BTC at 28k if this happens. So keep an eye on this level.
Supports:- 960B/670B
Resistances:- 1.14T/1.5T
If you like this idea then do not forget to hit the like button.
Also, share your ideas in the comment section.
Thank You!
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