TOTAL3 8H update - Sep 23 2024

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Following previous analysis, #TOTAL3 rose towards the resistance zone and after touching the 580B level, it started to drop but FED's decision to cut the rates by 0.5% prevented further drop and market pumped as analyzed before FED's meeting.

TOTAL3 is now in the vicinity of the mid-term trendline and we can expect some drop during this week. What comes next with TOTAL3 is most probably a rise towards 650B level and then 700B zone.

This means many coins are going to touch higher levels soon.

As long as the drawn blue trendline isn't broken, this analysis is valid.

Penafian

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