- About 151.58 Billion USD is Decrease from recent highest peak on 26 June 2019 until recent low on 17 July 2019. Currently the total marketcap movement is on bearish posture as it move within symmetrical triangle pattern and nearing it's apex of the triangle with a huge movement would soon followed if these symmetrical triangle plays out.
- Indicator currently on bearish on daily. yet hidden bullish divergence is sighted
- ADP & RSI : currently buyers doesnt interest on this cryptomarket as it's move toward distribution zone. Creating higher low and lower low. If it look closely, it might be a hidden bullish divergence. which is a good sign for continuation for bullish trend since the beginning of this TOTAL market cap chart.
- DMI : -DI (sell power) is slightly outpace +DI (buy power) for a while and ADX (momentum power) is decrease.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.