clear outlook on crypto TOTAL marketcap

٢٣ ديسمبر ٢٠٢٢

i think that this chart is very important , total market cap exclude the stable coins because we can consider them as cash ! ,

we divide it by the money supply to give as a better look .

i think that , if this current level do not hold , (50% retracement ) , the next zone would be the next obviously ,

the red zone has the 61.8fib level , hosoda target and 2 major resistance .

this is not a financial advice

thank you

٢٤ نوفمبر ٢٠٢٣

ملاحظة

i will be sharing ideas from my new account : tradingview.com/u/Benterkiayoucef/