As for TOTAL, the current level is very close to the high from January, so it would be a sign of strength to see it hold as support. And believe it or not, this could produce continuation towards new highs later this year.
I redeployed about 15% of my initial risk back into the market in this range. I do not plan on adding any more for now, since I'd first like to see where buyers finally step in.
These are the I'm watching for TOTAL
Here's the monthly, showing that we could finally close below the 9 if we don't get a bounce soon.
Here's Bitcoin dominance. Honestly, I was expecting it to shoot up to 51% pretty quickly, but it may just get stropped at the yellow trendline if the market bounces here.
Bitcoin itself has this trendline on the Coinbase chart. Watching this closely as well:
As always, this is not financial advice! Clearly I've been wrong in calling for continuation at this point. Of course, in a few months I may end up being right. Or crypto will be dead. But the longer it's around, the longer it cements itself as an integral part of our society. I find this stuff fascinating. As such, this should be used for speculation and entertainment only.