Mihai_Iacob

Crypto Market- I'm still bearish in medium term

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CRYPTOCAP:TOTAL   Valor Total do Mercado de Criptomoedas, $
With all coins on recovery mode, Cryptocap managed to break above 1.7 resistance, and although this is a good thing for short-term bulls, in the medium-term the perspective is still bearish.
1.95-2.1 is a very strong sell zone and I expect the downtrend to resume from slightly above 2.0T
That being said, I will try to correlate this zone with resistance zones on major coins and look for shorting opportunities.

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