Crypto market seems one more leg down
Hello friends, welcome to my chart analysis today.
Cryptocurrency Total Marketcap is at very dangerous point because EMA (exponential moving average) 50 & 200 crossing.
The scenario I am making at the moment is we are still in bearish wedge and one more leg down is guaranteed.
I think $6000 - $6500 price will be the fair price to bounce up and continue grow for Bitcoin and all crypto markets.
Thanks!
Cryptocurrency Total Marketcap is at very dangerous point because EMA (exponential moving average) 50 & 200 crossing.
The scenario I am making at the moment is we are still in bearish wedge and one more leg down is guaranteed.
I think $6000 - $6500 price will be the fair price to bounce up and continue grow for Bitcoin and all crypto markets.
Thanks!
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