Keihan95

Total in top of the range

Short
CRYPTOCAP:TOTAL   Crypto Total Market Cap, $
Total 1 has reached to the Top of the range that has been there since June 2022.As a swing trader I’m toward the short scenarios which are depicted on the chart with possible SR regions and red line being the midrange.Comparing Total 1,2 and 3 and Total others and defi, I see stronger chart on Total 1 with regards to the fact that other Totals mostly making a Lower highs on bigger time frame which can be a sign of continued increase in BTC dominance( on related charts) and more bleeding of ALTBTC pairs.
Lets see how its gonna play out…Always a student.

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