prefabsprout

New month coming up, what does the TOTAL monthly show us?

Short
prefabsprout Updated   
CRYPTOCAP:TOTAL   Crypto Total Market Cap, $

No way around it, this looks grim for next month. Hard to imagine not visiting 2T and probably 1.75T.

At best we can hope for a sideways candle like June-July.

Declining volume and RSI.

Lower than that is simply unrealistic; there is far too much interest in crypto from big money and small.

Need to break above 2.7T to continue to the moon. Will certainly happen eventually, just probably not in January.

The BTC chart looks even worse, but things have changed with BTC dominance so it's wiser to keep your eye on the TOTAL.
Comment:
uh...
Trade active:
feb inside bar is almost identical to july and look what happened after...
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