Around a month ago I made an analysis on the total market cap of the crypto-space.
In this analysis I said that the Cup & Handle chart pattern was completed and a nice bullish move was to be expected, 3T being the target.
After hitting 3T a couple of days ago, we have been trading relatively bearish, with the strongest drop being today.
I'm not convinced yet that the correction is over. Ideally we'd re-test the previous Cup & Handle support and bounce from it.
Reversal target still at 3T.
Happy trading!
In this analysis I said that the Cup & Handle chart pattern was completed and a nice bullish move was to be expected, 3T being the target.
After hitting 3T a couple of days ago, we have been trading relatively bearish, with the strongest drop being today.
I'm not convinced yet that the correction is over. Ideally we'd re-test the previous Cup & Handle support and bounce from it.
Reversal target still at 3T.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: www.fierytrading.com