Today My crypto Alert - 2nd May ,2024

in hive-193186 •  7 months ago 
Hello, everyone.
I am a crypto analyzer. Everyday I try to share some crypto coin. If anyone want to follow my signal, you can. I think you can be benefited from my signal. So now I am sharing the result of my analysis...

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#TOTAL MARKET CAP ANALYSIS

The total market cap is moving in a falling wedge. It faced rejection from the Ichimoku cloud and is currently hovering above horizontal support, near the trendline support of the wedge. RSI is in the oversold region.

A reversal could be expected for however long it is trading inside the wedge, while a sustained breakdown of the wedge would be a further bearish sign.

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