Total market cap

Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.

The overall view of the total market cap for CMC.

Everything follows bitcoin so if the chart I have for btc plays out, the total market cap should follow as well.
I think we will resume the bull run after something like this inverted head and shoulder plays out.

Operación activa:

So far so good. If we don't drop after the X then we might have started our new uptrend.

Should look similar to the chart below.