Bullish signs for TOTAL Crypto Market Cap
A nice simple clean chart showing how the MA's are all beginning to cross Bullish again and the Real Big one we all waiting for is the 50 ( Red) to cross back above the 200 ( Yellow), which, if current paths remain valid, will happen on Thursday 23rd Feb
Also note how PA is now back above the Neckline of the FTX Crash, so recovery is complete.
It has taken a Huge amount of money and weeks of time to get here so expect the chance of a break in events while things cook off for while.
Also bear in mnd, that due to the Bearish words from the FED, the Market may try and push higher before they raise rates but this could lead to a big pull back at a later date, which would not be good
Crypto is at a critcal point again. Watch close and be ready to react, it is open all day, everyday - things can happen anytime
Also note how PA is now back above the Neckline of the FTX Crash, so recovery is complete.
It has taken a Huge amount of money and weeks of time to get here so expect the chance of a break in events while things cook off for while.
Also bear in mnd, that due to the Bearish words from the FED, the Market may try and push higher before they raise rates but this could lead to a big pull back at a later date, which would not be good
Crypto is at a critcal point again. Watch close and be ready to react, it is open all day, everyday - things can happen anytime