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FX_Professor
Aug 6, 2022 3:02 PM

Mondays are Red🩸 Ends are Weak💤 Yet we Rise✔️ Long

Crypto Total Market Cap Excluding BTC and ETH, $CRYPTOCAP

Description

Wishes for a nice weekend everyone.

Weekend are the end of the week and I am guessing you had figured that out already.

70% of the last 10 weeks Crypto had a boring 'weak' end on Saturdays and Sundays (the weekend).

At the same time, 6 out of 10 Mondays were in deep red colors with the market having it's worst days during the beginning of the week.

Yet again the Crypto Total Market Cap (excluding BTC and ETH( has risen around 30% since June 18 lows.

Why is that?

Well, maybe Retail investors like most of the people here are out of buying power and we depend on (mostly US) institutional money to kick in and buy something.
Maybe again it's the summer and weekends are meant to be spent on the beach.
A friend from Romania says it's the 'Market makers weekend' and that they 'Pump and Dump' to liquidate bored retailers while they are having Mojitos on the beach🍹🌞.
(I don't know about that but it's worth mentioning. Salut Marius!)

What do you think? Is there a pattern we can trust (buy mid week and sit out at the end?)

In any case Professor is hoping for a PUMP.

We want our Weekends back Crypto!

One Love,

the FXPROFESSOR

Ps. If we had bought the Monday dips we could had retired already 🍹
Comments
jahaniali67
please do the same for total including just btc and ethereum 😅😊
FX_Professor
@jahaniali67, it's pretty much the same and you know it 🤣👌😊
jahaniali67
@FX_Professor do you think we will see a leg down before a leg up or the other way around
first support then resistance
or first resistance then support
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