💥🔅21st June
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🍀 TMC slightly down to flat at 289.5. For positive momentum it needs to sustain above 301 for few days and confirmation of bullish breakout will be above 340.
🍀 TOP15 index is at 172 .
This index captures top 15 coins. This indicates most of them are flat to down in highly trapped mkt. On the upper side it should sustain above 180. It's final breakout will be above 190. Till sure be sure altcoins will remain under pressure. Wait and keep an eye on this index for guidance.
🔵 Btc at 6760 recovered from lows . On smaller time frames good news is that it is showing better strength with positive momentum and it's now above it's major moving averages but on larger time frame still lot of resistance is there. Just like broader mkt it is also trapped with better support on lower side. About btc now we can conclude that in between 6100 to 6500 solid support is there . Without breaking this if it succeeds in sustaing above 7000 club situation will improve for the entire crypto mkt. So just wait for some more mkt momentum
Avoid trading in this sideways trapped mkt till above given levels are attained
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Thanks
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⭕levels are dynamic. Day traders in particular should know how to trade with a proper stop loss.
⭕ All exchange traded products carry RISK. Since your CAPITAL is at RISK , classify your such deployed CAPITAL as RISK CAPITAL and conduct significant due diligence.