clear outlook on crypto TOTAL marketcap
i think that this chart is very important , total market cap exclude the stable coins because we can consider them as cash ! ,
we divide it by the money supply to give as a better look .
i think that , if this current level do not hold , (50% retracement ) , the next zone would be the next obviously ,
the red zone has the 61.8fib level , hosoda target and 2 major resistance .
this is not a financial advice
thank you
we divide it by the money supply to give as a better look .
i think that , if this current level do not hold , (50% retracement ) , the next zone would be the next obviously ,
the red zone has the 61.8fib level , hosoda target and 2 major resistance .
this is not a financial advice
thank you
Comment:
i will be sharing ideas from my new account : www.tradingview.com/u/Benterkiayoucef/