🔥🚨 #TOTAL MARKET CAP ANALYSIS 🤔
The total cryptocurrency market cap is trading within a rising wedge pattern and is currently being rejected by horizontal resistance.
The Ichimoku cloud is providing support below the pattern, while the 21MA is acting as resistance.
A sustained breakdown from the pattern would indicate a bearish trend in the crypto market.
Conversely, a bounce from the support trendline could lead to further consolidation within the pattern.
🦉
