CRYPTOCAP: TOTAL2 - an investor in the market!Good afternoon! Let's see what happens in general in the cryptocurrency market. A very interesting picture can be seen in the analysis of capitalization!
Clearly visible double bottom. The development, which will begin with a breakdown of + - 120V or the upper boundary of the channel. Corrective market movement has come to its first level. It may not be suitable for the second, time will tell. The purpose of the upward movement is indicated on the chart.
In any case, it is necessary to consider all options, even a possible trip to the third bottom.
Cryptocurrency market accumulation - the entrance of smart money for investors lasted for more than a year. It is clearly visible on the volume indicator. This is exactly when the market is at the bottom. What was not noticed in the previous bull wound. Then the money entered the market already in the period of growth.
What would that mean?
Most likely, large players have entered the market, who will very cruelly squeeze their profits from all the faint of heart.
Most likely, the main influx of new money for earning has not yet entered the market. He will be later in the period of massive FOMO from lost profits. When everyone starts talking about cryptocurrency, even those who have nothing to do with it, and not just in the news. So, if you are a beginner, be patient and don’t be greedy!
Thanks to all my subscribers and readers for your attention! 🙏
Success and profit!
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