Crypto total market cap chart is in an recovery mode in the hourly chart and it’s ideally unfolding a minimum three-wave (A)-(B)-(C) rally towards 860B – 900B resistance area.
After a leading diagonal into wave (A) from the intraday lows, we can now see it slowing down within a complex W-X-Y correction for wave (B) that can retest 800B – 765B support area before a continuation higher for wave (C) later this week.
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