alanmasters

Crypto Total Market Cap Gains Momentum, Aims At 241 B

CRYPTOCAP:TOTAL   Crypto Total Market Cap, $ (CALCULATED BY TRADINGVIEW)
This chart is pretty clear... We have the "3 Heads Pattern" marked in blue, a very common pattern to spot a bottom formation.

We have the first head which is never the lowest point.
The second one is always the lowest and the third normally go higher or as low as the first one.

Once volume comes in and EMA10 is conquered, prices start to move higher... This is happening here and EMA50 has been conquered as well.

Volume is turning GREEN while the MACD and RSI are bullish and strong.

The Cryptocurrency Market Is Bullish Right Now and will continue to grow.

Namaste.
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whats that black line?
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@BlackAce, MA200.
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