This is the total crypto market cap "excluding Bitcoin"
This morning we got a rejection of the 0.618 and dropped 6% but structure is still intact, we need to close above 0.5 Fib in order to confirm that the correction is over for this chart but the daily hasn't closed yet and target is the same on the daily , 1.40T.
Even though for now we under the 0.5 fib we did hold the bottom of this ascending channel and most importantly bounced off the 4/1 Gann which is bullish.
As always time fib momentum zone would be 30th December 2022 to 3rd January 2022 , could we see crypto market cap break the 8/1 Gann during this time frame? I think so!
This morning we got a rejection of the 0.618 and dropped 6% but structure is still intact, we need to close above 0.5 Fib in order to confirm that the correction is over for this chart but the daily hasn't closed yet and target is the same on the daily , 1.40T.
Even though for now we under the 0.5 fib we did hold the bottom of this ascending channel and most importantly bounced off the 4/1 Gann which is bullish.
As always time fib momentum zone would be 30th December 2022 to 3rd January 2022 , could we see crypto market cap break the 8/1 Gann during this time frame? I think so!
Note
broke the channel but held the 4/1 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.