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nivishoes

Crypto Market Cap: Understanding the market indecision

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Crypto Total Market Cap, $ (CRYPTOCAP:TOTAL)  
nivishoes Updated   
CRYPTOCAP:TOTAL   Crypto Total Market Cap, $
Trend Analysis Chart Patterns Cryptocurrency cryptomarketcap altcoins Ethereum (Cryptocurrency) xrp BTCUSD Bitcoin (Cryptocurrency) COINMARKETCAP
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trendanalysis chartpattern cryptocurrency cryptomarketcap altcoins ethereum xrp btcusd bitcoin coinmarketcap
The crypto-market was building another bearish break-out level with the head and shoulders' pattern till 28th august.

Post that it built a bullish momentum as alts and Bitcoin started to gain momentum. However, currently, it is testing the break-out of that level. The RSI has also turned steeply.

Contrary to popular belief, it feels like the bearish momentum will take on again for a while.
Comment:
Todays' close and tomorrow's close should define the ascending pattern more clearly.
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