Crypto Market bounced off crucial support.
This chart TOTAL is the crypto market cap.
It recently bounced off the 0.618 and 0.5 Fib. retracement taking the swing low several weeks ago and the ATH at 3bn. It also bounced off a previous resistance which is now support at 2.4bn, confirming the breakthrough of the resistance (a bounce lasting several more days would confirm this more).
The pa is still above the 100EMA.
I'm not a financial advisor and this is just my personal analysis. Don't just listen to an Explosive Cow and DYOR.
It recently bounced off the 0.618 and 0.5 Fib. retracement taking the swing low several weeks ago and the ATH at 3bn. It also bounced off a previous resistance which is now support at 2.4bn, confirming the breakthrough of the resistance (a bounce lasting several more days would confirm this more).
The pa is still above the 100EMA.
I'm not a financial advisor and this is just my personal analysis. Don't just listen to an Explosive Cow and DYOR.
Penafian
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