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ptero1492
Jan 16, 2022 8:49 AM

TOTAL cap for all crypto, Not very inspiring 

Crypto Total Market Cap, $CRYPTOCAP

Description

For me this looks directionless and undecided. Which leaves some doubt about the momentum coming into the test of this down-sloping trendline resistance (yellow).

But as will be see the priciple components of this ticker (BTC and ETH) both appear to be displaying enough momentum to allow this trendline to be breached

Once that structure is broken we can expect further consolidation before the next leg upward.

ST gains possible. Investing dips in the near future.
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