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Crypto market is overbought based on momentum
Crypto Total Market Cap Excluding Top 10, $
Short
Crypto market is overbought based on momentum
By Feldspar_
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Feb 23, 2021
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Feb 23, 2021
Looks like the market is overbought like it has three times in the past.
This red line is the top of the momentum indicator. This is a major correction level because the market is overbought.
The blue waves are momentum.
overbought
Trend Analysis
Wave Analysis
Feldspar_
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