TOTAL Crypto Market Cap, what next ?
Measured move completed
MACD now oversold & may turn Bearish but RSI already retreated and may offer support to PA to Keep it above long term resistance line now used as Support
7 days till FED Rate Hike
Enough time to reset a little, maybe needed - All depends on the FED choice of the expected 25 or 50 base point raise.
As a result of where PA is now, we can probably expect Crypto to cool off over the next 7 days, Just range - Some coins may pop if sentiment is still high
Now maybe a good time to take some profit
MACD now oversold & may turn Bearish but RSI already retreated and may offer support to PA to Keep it above long term resistance line now used as Support
7 days till FED Rate Hike
Enough time to reset a little, maybe needed - All depends on the FED choice of the expected 25 or 50 base point raise.
As a result of where PA is now, we can probably expect Crypto to cool off over the next 7 days, Just range - Some coins may pop if sentiment is still high
Now maybe a good time to take some profit
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