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$TOTAL MARKET CAP UPDATE VIP
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Total market cap perfectly performed as predicted 🤝 as after the rejection it successfully retested above the horizontal support.
Higher chances of a bounce from the horizontal support and a breakout retest above $1.283T will be a sign of a bullish move toward the weekly resistance level of $ 1.66 T.
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#BTC/USDT ANALYSIS
It is currently above a strong support which is a main area for bulls to hold from $35K to $31K and the price is also rejected continuously from the resistance trendline and a breakout of that resistance trendline is a sign of start of the bullish trend.
provided by : @bitnexs
#SHIB/USDT ANALYSIS
It is consolidating in a falling wedge chart pattern and currently the price is holing above trendline support.
EMA'S are acting as a resistance, RSI is in the oversold region, MACD crossover is showing bullish momentum at small time frames. So we can expect a bullish move in it, if BTC remains stable.
provided by : @bitnexs
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