Total crypto market (CRYPTOCAP:TOTAL) 4h timeframe update for 1D
Total market cap reached total of ~2,43T, from last move. That was really nice rally – close to 42% of total market value. That was exciting but now, I see momentum on MACD 4h timeframe reversal and we got some sell pression. Last few times when we got above red line, after a dozen 4h candles, total market value was rejected from red line and pulled into total market cap price channel - close to 90 moving average.
Second confirmation that’s the price could fall, may be 7 MA crossing from above 21 MA (works better when the price push out to much above red channel line).
However - last time, we couldn't print more than 5 daily candles above red line.
Currently price testing upper line. I see possible retest into VPVR at 2.2T even 2.17T. This shakes are usual , anyway its not bad - still in position, after some profits. But I mention USD fell last friday quite hard comparing to others currencies, & total market cap got last 10 days nice pump.
If the Total market cap price go up, i hope for now that won't be parabolic move, but there are no borders in $DOGE capitalisation :)
Second confirmation that’s the price could fall, may be 7 MA crossing from above 21 MA (works better when the price push out to much above red channel line).
However - last time, we couldn't print more than 5 daily candles above red line.
Currently price testing upper line. I see possible retest into VPVR at 2.2T even 2.17T. This shakes are usual , anyway its not bad - still in position, after some profits. But I mention USD fell last friday quite hard comparing to others currencies, & total market cap got last 10 days nice pump.
If the Total market cap price go up, i hope for now that won't be parabolic move, but there are no borders in $DOGE capitalisation :)
