Hqboss

TOTAL - What next ?

Long
CRYPTOCAP:TOTAL   Crypto Total Market Cap, $
Excited to buy and HODL again

Analysis of TOTAL. (Left 4H, Right 1D)

We can see price oscillating between
2.2 - 2.6T in a channel, hinting at a possible bullish BOS on Daily TF.

Daily Fib lvls, showcasing bullish activity at 0.382 creating a daily Demand Area.

on 4H, price made LHs and HLs creating a bullish Pennant Structure that has been broken out of.

Our RSI on the left indicates a strong trend and the market is currently overbought at 92, hinting at recent in flow of cash, to strengthen the bullish Trend which was turning bearish.

On Wed, 10/04 I anticipate major market moves after News and inflation rates. Higher rates might be a good thing for crypto projects that actually contribute to the community.

So I'm long on certain projects with intention of HODL.

Leave your thoughts in the comment section, thanks.

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