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Friday, August 28, 2020

Crypto total market cap / Move to 0.5?

Crypto total market cap / Move to 0.5?

We need to break 0.61 resistance and close above 347.5 B to confirm a move to the 0.5 on this reverse fib.

If not, we could be set back for weeks, perhaps dropping back to 0.78.

TA educational note: if this plays out, I will start to favor reverse fibs on bear to bull market reversals.

Fibonacci would have been a crypto trader.

from Trading Ideas
via gqrds

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