Total Market Cap All Time High — And A Dragon Formation :)
A little bit playful today with a dragon drawn over the current long-term price structure of the total market cap chart.
A technical concern is that short-term it appears we have an ascending wedge which can indicate weakness.
The all time high is 100% gain away. We remain 'optimistically cautious' on hitting that level this year.
Could there be another 'covid crash' like in March or US election mayhem...
We will continue to analyse the markets and lower time-frames while optimising the SparksterSignals algo-assisted strategy optimising tool. Check it out via the link below.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
A technical concern is that short-term it appears we have an ascending wedge which can indicate weakness.
The all time high is 100% gain away. We remain 'optimistically cautious' on hitting that level this year.
Could there be another 'covid crash' like in March or US election mayhem...
We will continue to analyse the markets and lower time-frames while optimising the SparksterSignals algo-assisted strategy optimising tool. Check it out via the link below.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.