⛔️ MORNING MARKET UPDATE FOR CRYPTO ❌️

Aug 15, 2022 8:48 AM


Looks like we are kicking off the week in RED for most cryptos ⛔️

Bitcoin currently about -1.1% and sitting at about $24k

Eth is down  1.5% and sitting around $1900

Total Market Cap sitting at $1.123T and looks to me like a BIG move is coming soon.

You can see the RSI is forming this BIG wedge which can pop in either direction.

A move to the upside & I would be looking at about $1.3T and the targets to the downside would be:
$1.03T
$953B
$839B

If we fall through the first then look for the next as you can see the red lines.

Whats your thoughts for today??

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