TOTAL CRYPTO-CAP, Major H-S-Formation, Steps To Completion!

Hello,

Welcome to this analysis about the Total Cryptocurrency Market-Cap on the 4-hour timeframe perspectives. As I detected the total crypto-cap is forming crucial determinations and as when looking at my chart we can watch there how a main inverse head-shoulder-formation has the ability to complete for the total crypto-cap. Currently the total crypto-cap is testing the neckline which means there is a high possibility given that the total crypto-cap pulls back from the neckline as seen in my chart. When this establishes the pullback will move on till the support zone as shown in my chart is reached, this is a very important support zone because the total crypto-cap needs to hold it and bounce in order to complete the whole inverse head-shoulder-formation. When the total crypto-cap manages to bounce and finally move above the neckline as shown in my chart this will complete the whole formation and the total crypto-cap will move on further, it will be an important determination ahead.

In this manner, thank you for watching the analysis, all the best!
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Information provided is only educational and should not be used to take action in the markets.