The Crypto 
TOTAL Market Cap showed incredible resilience after nuking ~25% this week.
Closed the Week just below the WEMA9 at $3.86T, but above the .236 Fib and stayed cleared of the DANGER ZONE ⚠️
Notice that wick all the way down to the 50WMA where it bounced literally right off the trendline breakout I drew back in July.
Those MMs are really respecting my TA these days huh 🤓
This dump covered the 50% Gann level retrace, which give me confluence that the hardest part of behind us.
Bears weren't even able to form a Bearish Engulfing candle.
Next up Bulls need to reclaim the 9WEMA as mentioned in the previous post.
TOTAL Market Cap showed incredible resilience after nuking ~25% this week.Closed the Week just below the WEMA9 at $3.86T, but above the .236 Fib and stayed cleared of the DANGER ZONE ⚠️
Notice that wick all the way down to the 50WMA where it bounced literally right off the trendline breakout I drew back in July.
Those MMs are really respecting my TA these days huh 🤓
This dump covered the 50% Gann level retrace, which give me confluence that the hardest part of behind us.
Bears weren't even able to form a Bearish Engulfing candle.
Next up Bulls need to reclaim the 9WEMA as mentioned in the previous post.
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Related publications
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.