TOTAL2 Weekly TF Analysis (Bounce, Drop, Up)
This is an interesting chart.
TOTAL2, the index for the top 125 cryptocurrencies excluding Bitcoin.
TOTAL2 bounced right at EMA300/MA200.
The grey/black lines on the chart.
TOTAL2 managed to close above EMA300 back in March 2020, afterward a strong bullish market followed.
This time around we can see another bounce at this level:
- The RSI is starting to curve upward.
- We can also appreciate a hidden bullish divergence.
The difference between now and March 2020 is big.
After March 2020 the market moved straight up.
After July 2022, we can see a bounce followed by another crash before the phase of sustained long-term growth.
(Bounce, drop then up)
TOTAL Weekly Chart:
Namaste.
TOTAL2, the index for the top 125 cryptocurrencies excluding Bitcoin.
TOTAL2 bounced right at EMA300/MA200.
The grey/black lines on the chart.
TOTAL2 managed to close above EMA300 back in March 2020, afterward a strong bullish market followed.
This time around we can see another bounce at this level:
- The RSI is starting to curve upward.
- We can also appreciate a hidden bullish divergence.
The difference between now and March 2020 is big.
After March 2020 the market moved straight up.
After July 2022, we can see a bounce followed by another crash before the phase of sustained long-term growth.
(Bounce, drop then up)
TOTAL Weekly Chart:
Namaste.
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lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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