TOTAL - One More CheckPoint To Go!

582
Hello TradingView Family, this is Richard, as known as theSignalyst.

I usually keep an eye on TOTAL to get a feeling about the overall crypto market bias. Just like I keep an eye on DXY when it comes to Forex.

The bulls are clearly pushing the past 2 weeks, after rejecting our lower bound/brown trendline and green support.

Then the bulls took control from a short-term and medium-term perspectives by breaking above the last minor highs, the upper red trendline, and the upper orange trendline.

As mentioned in my previous posts many times, for the bulls to take over from a long-term perspective, we need a momentum Daily candle close above the last major high marked in gray.

" One More CheckPoint To Go!"
Interesting Times Indeed!

Always follow your trading plan regarding entry, risk management, and trade management.

Which scenario do you think is more likely to happen? and Why?

All Strategies Are Good; If Managed Properly!
~Rich

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.