The total2 Crypto index has form a massive cup and handle pattern and if successful the alt-coin market could go above 2 trillion in market cap. happy trading.
Fantom looking bullish on the weekly chart price retraced back to the 32.8% fibonachi retracement. I believe we are at the finishing of wave 4 out of the 5 wave Elliot wave theory. Looking back in August 2020 we top out and retrace exactly at the 38.2% fibonachi retracement, if history repeat we are likely bottom. After all we are still in a daily uptrend. We...
As you can see every cycle for the past 10 years, Bitcoin has been testing the long range 100th moving average. For every cycle it drops to the next 100th moving average. If this trend or patterns continue, we are likely to see bitcoin test the 400 week moving average, whose price is around 14k, which could mark the bottom of bitcoin in 2023.