AnasMohsen

Total 2 - daily time frame

AnasMohsen Updated   
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
2 entries scenarios on daily time frame after ALTs correction based on previous analysis

1 based on FVG and .38 fibb
2 according strong supports area and fibb .61
Comment:
On the long term view on total 2 daily TF, it's obvious that the up trend/impulsive fail to break out the 1.269T.

As highlighted before, the rebound was very high to occur. at this critical zone, now the market forming a new structures (downtrend).

Actions:
- Entry the market (buy/long) at 1.057 T is still critical (unfavorable)
- Entry the market (buy/long) at 935.35B is more safe.
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