Hello TradingView Family, this is Richard.
I usually keep an eye on TOTAL to get a feeling about the overall crypto market bias. Just like I keep an eye on DXY when it comes to Forex.
As per my last TOTAL analysis, we are still bearish trading inside the red channel/wedge.
The reason for this update is to highlight that the Head & Shoulders Textbook target/projection is filled. As marked in purple.
Moreover, TOTAL is diving inside a horizontal support (in green) and approaching a non-horizontal support/trendline (in brown)
But of course, that doesn't mean that the bulls are in control. Not yet!
For the bulls to take over, we still need a break above the last high and the upper red trendline.
Meanwhile, until the bulls take over, TOTAL would be overall bearish and can still trade lower and lower.
All Strategies Are Good; If Managed Properly!
~Rich
I usually keep an eye on TOTAL to get a feeling about the overall crypto market bias. Just like I keep an eye on DXY when it comes to Forex.
As per my last TOTAL analysis, we are still bearish trading inside the red channel/wedge.
The reason for this update is to highlight that the Head & Shoulders Textbook target/projection is filled. As marked in purple.
Moreover, TOTAL is diving inside a horizontal support (in green) and approaching a non-horizontal support/trendline (in brown)
But of course, that doesn't mean that the bulls are in control. Not yet!
For the bulls to take over, we still need a break above the last high and the upper red trendline.
Meanwhile, until the bulls take over, TOTAL would be overall bearish and can still trade lower and lower.
All Strategies Are Good; If Managed Properly!
~Rich
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。