Total market cap crypto heading further downwards
The total marketcap is about to correct even more, as several indicators looking bearish for a further correction.
The red line in the ADX and DI indicator is about to take over the green line, which usually means a significant drop.
Also, the MACD is looking bearish for the short term.
The RSI and stoch RSI are heading for lower points as well.
Folowing this trend, it's quite likely that BTC drops as well, since it's 70% dominance in the total marketcap.
Do you think there's a correction coming? And how low?
The red line in the ADX and DI indicator is about to take over the green line, which usually means a significant drop.
Also, the MACD is looking bearish for the short term.
The RSI and stoch RSI are heading for lower points as well.
Folowing this trend, it's quite likely that BTC drops as well, since it's 70% dominance in the total marketcap.
Do you think there's a correction coming? And how low?