Crypto Total Market Cap, $
Long
Updated

Crypto Market Slows Down For A Pullback Within A Bullish Trend

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Good morning Crypto traders! Cryptocurrencies are coming slightly lower on the intraday basis due to stock market decline yesterday, but we still see them approaching support, so still be aware of a bounce and recovery at the end of the week or maybe next week because of an upcoming weekend. Crypto TOTAL market cap chart can be trading in wave »y« of a complex w-x-y correction in wave 4, unless it's a flat correction, but support is the same at 3.6T – 3.5T area, from where we may see a bullish continuation within wave 5.
Trade closed: target reached
Good morning Crypto traders! Crypto market is pushing nicely higher, as BTC extends the rally, and it's already at new, fresh all-time highs. However, now that Crypto TOTAL market cap chart could be finishing a projected wave "v" of an impulse, we should be aware of a corrective slowdown at the end of the week. First support can already be around 3.88T area, while second deeper one is at 3.56T area.
snapshot

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