TraderMikabot

Possible movements of the total crypto market value

CRYPTOCAP:TOTAL   שווי שוק קריפטו כולל, $
If you look at the chart, the crypto market value made a bullish rally until the first quarter of 2018. Afterwards, market value; suffered a decline. The first bullish wave acted in a half curve pattern. In the downtrend, we see that it moves in a smaller size curve pattern. The chart now faces very strong resistance; however, a strong rise may come when it crosses this resistance area. If this chart breaks up, it will also break the long-term bull pattern up. This situation may lead to an increase in the market in the medium and long term.
Possible movements are shown by the arrow. The direction is up unless the market value is closed weekly below the small curve pattern.

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