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Mihai_Iacob
Nov 28, 2021 4:03 AM

Crypto market doesn't look good AT ALL Short

Crypto Total Market Cap, $CRYPTOCAP

Description

I'm bearish crypto market, and from my point of view, I have good reasons...
Looking at the Total Market Cap chart we can see that after reaching 3T, we have a drop in capitalization and now, the 2.4T zone, is confluence support.
If we look at the individual coins, we can also see pressure on the sell-side, so, in my opinion, this downtrend will continue and we can have an average of 30% drop in the crypto market.
That being said, I will not hold any crypto in the near future and I will look to sell Btc, Eth, Ltc, Xrp, and other liquid coins.
Comments
Helical_Trades
Amazing setup !
Thanks for sharing
Mihai_Iacob
@Helical_Trades, thanks for comm
KHANFOREXTRADING
amazing work
yonsfx
Nice job
Mihai_Iacob
@yonsfx, thanks
CobraVanguard
great lovely
MillionaireEconomics
nice work. I do feel we have 1 more leg up before a total market drop.
SabahEquityResearch
yeah definitely agree with u here .
carey29
Thanks
UnitedSignals
Thank you for posting this idea!
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