VIP MARKET UPDATE: $TOTAL MARKET CAP
Total market cap rejected the channel resistance and currently back at channel support, which is also a horizontal support level. RSI is in the oversold region and hidden bullish divergence is also there.
There is a possibility of an upward move, if we see a bullish momentum candle and until we are holding above the current strong demand zone. Breakdown of the horizontal support with a bearish candle close would be the bearish scenario.
- Binance Killers
@BitmexSignalsFee
