TOTAL2 Price Discovery Continuation
Crypto Market Cap Excluding BTC is looking
very bullish.
Ichimoku is bullish as can be:
-Kumo cloud is green
-Tenkan is above the Kijun
-TK is above the cloud
-Lagging span is well above price and cloud
-No C Clamps forming calling for correction
-Tenkan as the first line of support of the
Ichimoku system was tested last week and
the price bounced off there beautifully
Moving Averages are looking bullish:
-MA7 (not pictured) acted as support well last week
-MA7 is well above MA30
-MA30 is above EMA100 both are curling up nicely
Volume these last few months have been huge.
If price closes here above $575B or even just green
in general it will confirm the positive retest
flipping the previous Jan 2018 All Time High
resistance to support and we should expect upward
price expansion to continue, first targets being
the Fibonacci retracement lines of
1.618 @$749.398B
2.618 @$1.19T
3.618 @$1.63T
4.238 @$1.902
I fully expect this market cap to grow
exponentially more than where we are now past
these fib lines for these coming years.
Especially considering how much attention
finally cryptos are getting by institutional
investors and the mainstream populous in
general realizing the validity in blockchain and
decentralization as the big technological
advancement of this generation.
This is just the beginning of worldwide eye opening,
media attention and exponential growth in this
market.
Allocate your assets accordingly.
very bullish.
Ichimoku is bullish as can be:
-Kumo cloud is green
-Tenkan is above the Kijun
-TK is above the cloud
-Lagging span is well above price and cloud
-No C Clamps forming calling for correction
-Tenkan as the first line of support of the
Ichimoku system was tested last week and
the price bounced off there beautifully
Moving Averages are looking bullish:
-MA7 (not pictured) acted as support well last week
-MA7 is well above MA30
-MA30 is above EMA100 both are curling up nicely
Volume these last few months have been huge.
If price closes here above $575B or even just green
in general it will confirm the positive retest
flipping the previous Jan 2018 All Time High
resistance to support and we should expect upward
price expansion to continue, first targets being
the Fibonacci retracement lines of
1.618 @$749.398B
2.618 @$1.19T
3.618 @$1.63T
4.238 @$1.902
I fully expect this market cap to grow
exponentially more than where we are now past
these fib lines for these coming years.
Especially considering how much attention
finally cryptos are getting by institutional
investors and the mainstream populous in
general realizing the validity in blockchain and
decentralization as the big technological
advancement of this generation.
This is just the beginning of worldwide eye opening,
media attention and exponential growth in this
market.
Allocate your assets accordingly.