CRYPTO-CAP, Upcoming Scenarios, How Potential A-T-H Establishes!

Hello,

Welcome to this analysis about the TOTAL CRYPTO MARKET CAP which includes BTCUSD and its 4-hour timeframe perspectives. As I discovered the Crypto-Cap has formed some quite interesting developments as it was near the all-time-high region before the bearish dump to the downside finally emerged. Now in this whole structure I detected an important formation forming that can lead the Crypto-Cap to new all-time-highs sooner or later nevertheless for now it is important to keep patient and elevate how the Crypto-Cap develops in the near future before rushing into trades that do not satisfy, therefore I determined all the important levels, upcoming establishments and possible scenarios we should consider.

When looking at my chart now we can watch there how the Crypto-Cap has its all-time-high within the 2.484 TRILLION regions as marked in blue in my chart, therefore, the total crypto-cap came nearer to its all-time-high region than for example it is the case with Bitcoin. After the dump has shown up here the Crypto-Cap moved on to test the dynamic ascending-support-zone marked in blue in my chart which it already marked several times as support before. Now the total Crypto-Cap is also within this main descending-channel-formation marked with the boundaries in dashed dar grey, within this channel the Crypto-Cap has its coherent wave-count to the downside with the wave A already completed and with the wave B forming now, this wave B will directly run into the resistance cluster from where a pullback will be highly likely which then will mark the beginning of the wave C to the downside testing the dynamic support-zone anew, this will be crucial because this zone needs to hold for the Crypto-Cap to bounce and form a breakout above into the bullish direction which can lead to a new all-time-high here, otherwise when the support does not hold the bearish pressure will continue and this will lead to a wave-C-extension.

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Information provided is only educational and should not be used to take action in the markets.