Crypto Market Remains Bullish; Final 5th Wave?

Image Source: Unsplash
 

Good morning Crypto traders! Crypto market is in strong recovery mode due to the US government shutdown, remaining nicely bullish alongside stocks. Meanwhile, the US dollar still has room for further weakness, which could support the Crypto market. As a result, we may easily see more upside in October, which could mark the final month of this bullish cycle.
 

totalcapD

Crypto TOTAL Daily Chart
 

Crypto TOTAL market cap chart shows a completed bullish running triangle pattern in wave 4, which can now extend the rally within the final wave 5 of V, especially if it decisively breaks above the upper triangle line near the 4.0T area.
 

totalcap4h

Crypto TOTAL Daily Chart
 

For a detailed view and more analysis like this, you can watch our latest recording of a live webinar streamed on September 29: DIRECT LINK


More By This Author:

Silver Eyeing All-Time Highs
Johnson & Johnson Is Attacking 2022 Highs
ETHUSD Longs/Shorts Ratio Is At 3-Year Low

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with