total crypto market cap.
total crypto market cap just tagged the 100% extension for this massive zig-zag.
is that all the blood we're going to see in the short term?
possibly.
if 100% extension successfully holds, we will see a mean retracement of this move, before further downside.
---
if it happens to get below it \ flip it into resistance, we could potentially enter into capitulation territory;
where the titanic would simply sink, and it would take everyone with it who didn't bring a life jacket.
---
stop loss is your lifejacket in this market, be careful out there my peoples.
is that all the blood we're going to see in the short term?
possibly.
if 100% extension successfully holds, we will see a mean retracement of this move, before further downside.
---
if it happens to get below it \ flip it into resistance, we could potentially enter into capitulation territory;
where the titanic would simply sink, and it would take everyone with it who didn't bring a life jacket.
---
stop loss is your lifejacket in this market, be careful out there my peoples.
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.