Crypto market slows down for a pullback within a bullish trend [Video]

Gregor Horvat Wavetraders

Good morning Crypto traders! Cryptocurrencies are coming slightly lower on the intraday basis due to stock market decline yesterday, but we still see them approaching support, so still be aware of a bounce and recovery at the end of the week or maybe next week because of an upcoming weekend. Crypto TOTAL market cap chart can be trading in wave »y« of a complex w-x-y correction in wave 4, unless it’s a flat correction, but support is the same at 3.6T – 3.5T area, from where we may see a bullish continuation within wave 5.

Crypto TOTAL 4H Chart

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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