CRYPTOCAP Waiting For The Next Trend

The crypto market has experienced a new expansion since the spring of 2020, thanks to new decentralized finance products that flooded the web with their airdrops, attracting new supporters. Between August and September, a double top was formed on the same level as in July 2019, starting a new bearish phase accompanied by the formation of a reverse "cup and handle" and the reduction in volumes. Having already retested the support at 303 we could expect a not very volatile phase within the 300-340 corridor with a few possible intraday/weekly strategy buying and selling on resistances and supports. These levels (300-340) remain fundamental until the breakout which will identify with certainty the direction of the next trend.

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The important resistance at 340 has been broken. Next move is resistance breakout at 380 that will confirm a new bullish trend