Valor Total do Mercado de Criptomoedas, $Viés de baixa
$TOTAL - Bearish H&S on 15m
The rest of 2024 looks to be bearish for the crypto market. Keeping a close eye on the 0.786 Fib retracement (3.07TUSD). This level is the neckline of a larger H&S formation on the 4h chart.
If the level holds, we are looking at a double bottom and bullish price action should follow.
If the price breaks and falls, there is potential for a 15% - 30% further decline (2.6 - 2.2TUSD).
If the level holds, we are looking at a double bottom and bullish price action should follow.
If the price breaks and falls, there is potential for a 15% - 30% further decline (2.6 - 2.2TUSD).
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