Level by level killing useless coins
We are in a different era for the crypto industry. Although some meme coins pop up time to time, the market struggles to get new money.
TOTAL3
shows the total crypto marketcap excluding
BTCUSD
and
ETHUSD
. We can see that the price established levels and is struggling to move upward. This means that the players need to select useful projects and rotate money to catch up the big moves. Thus, whenever we loose a level, useless coins loose big percentages (10-20%). For now we are holding this big support zone, loosing this zone means that crypto exchanges are going to delist your shitcoins. Be selective when building the long-term bag.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
TOTAL3
shows the total crypto marketcap excluding
BTCUSD
and
ETHUSD
. We can see that the price established levels and is struggling to move upward. This means that the players need to select useful projects and rotate money to catch up the big moves. Thus, whenever we loose a level, useless coins loose big percentages (10-20%). For now we are holding this big support zone, loosing this zone means that crypto exchanges are going to delist your shitcoins. Be selective when building the long-term bag. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.