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Crypto Market Cap: Understanding the market indecision

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The crypto-market was building another bearish break-out level with the head and shoulders' pattern till 28th august.

Post that it built a bullish momentum as alts and Bitcoin started to gain momentum. However, currently, it is testing the break-out of that level. The RSI has also turned steeply.

Contrary to popular belief, it feels like the bearish momentum will take on again for a while.
Nota
Todays' close and tomorrow's close should define the ascending pattern more clearly.

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.