Short-term analysis for Crypto Total Marketcap on daily chart

Obviously, the new bull trend starts after the price hit the trend line and bounced up powerfully with a great green candle.
However, after that, the price near the previous demand area which had settled for about 2 months, and then the price went down swiftly.
Therefore, we need a correction Wave 2 to consolidation the huge and sharp rising of Wave 1. To break through the previous demand zone, it needs the same time span as the previous zone.
To conclude, the best strategy for the next few weeks is to waiting for the best price until the correction ends patiently. Do not buy up and kill cheapen!
Best regards to you all.
However, after that, the price near the previous demand area which had settled for about 2 months, and then the price went down swiftly.
Therefore, we need a correction Wave 2 to consolidation the huge and sharp rising of Wave 1. To break through the previous demand zone, it needs the same time span as the previous zone.
To conclude, the best strategy for the next few weeks is to waiting for the best price until the correction ends patiently. Do not buy up and kill cheapen!
Best regards to you all.
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.