Cryptocurrency Total Market Cap Breakout + Bullish Potential
Updated
The cryptocurrency market is moving. We are seeing green and we like... We love it!
I am now looking at the total market for the entire cryptocurrency market, all altcoins including Bitcoin, and we have several interesting signals.
Perhaps you might want to take a minute now to hit LIKE, and then continue reading what I am about to share... Thanks a lot for the support.
Crypto Total Market Cap Bullish Chart Signals
Daily time frame chart analysis (left)
Weekly time frame chart analysis (right)
So the chart for Total Cryptocurrency Market Cap is starting to display some nice bullish signals, and we have these many altcoins and Bitcoin making strong moves which are reflected in the charts above.
This is the type of action we haven't seen in a while, and we are expecting a strong wave up in the weeks to come.
Enjoyed this post? Feel free to hit like if you want and I will keep on posting, more and more.
Namaste.
I am now looking at the total market for the entire cryptocurrency market, all altcoins including Bitcoin, and we have several interesting signals.
Perhaps you might want to take a minute now to hit LIKE, and then continue reading what I am about to share... Thanks a lot for the support.
Crypto Total Market Cap Bullish Chart Signals
Daily time frame chart analysis (left)
- On the left we have the daily time frame, where I want you to take a look at several things.
- First we have trading volume increases, which is the best signal you can have to support a strong breakout. This huge increase in volume came to break above EMA50 (magenta) and MA99 (red).
- The RSI is super bullish and the MACD is just following its steps now entering the bullish zone after having a bullish crossover.
- Pretty simple, straight forward signals.
Weekly time frame chart analysis (right)
- Here the action is just getting started, on the weekly time frame. You can see that EMA50 is still far but the total market cap is now above EMA10. This signal is only valid when the week closes.
- Trading above EMA10 = bullish potential.
- We have the RSI curving up strong and the MACD showing a bullish crossover.
- The candlesticks formation and TD Sequential are also supporting a bullish move.
So the chart for Total Cryptocurrency Market Cap is starting to display some nice bullish signals, and we have these many altcoins and Bitcoin making strong moves which are reflected in the charts above.
This is the type of action we haven't seen in a while, and we are expecting a strong wave up in the weeks to come.
Enjoyed this post? Feel free to hit like if you want and I will keep on posting, more and more.
Namaste.
Note
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Thanks a lot.
Namaste.
Note
In the article below, under "Altcoins market update in relation to Bitcoin", I explain how the altcoins will move as Bitcoin (BTCUSD) is being bullish.So if you are wondering about that, you can read it there:
Note
Additional results:BNBUSDT (+20%):
ADABTC (+10.7%):
](https://s3.tradingview.com/m/mhAjfqvy_mid.png)
EOSBTC (+27.6%):
POTBTC (+97%)::
Note
(IMPORTANT FOR BITMEX TRADERS) This is an important post if you follow my BitMEX calls. Read it here:
And remember, you can always leave a comment if you have any questions. I will be happy to answer.
Namaste.
Note
TAKE A BREAK DREAM!Life can be amazing when you start to grow.
The path to mastery becomes enticing, everything you do becomes part of what you want in your Soul.
So you keep moving forward, you keep working, never wasting a minute, never ever letting yourself go.
One happy day, always in bliss, you stop to meditate.
Enjoying every minute, since work, meditation and practicing are what you do every day, and you are grateful for all those experiences no matter how hard they can be.
As you grow you become wiser, and this time you learned something important in a dream.
The growing part in all areas of your life becomes so entertaining, that you forgot something really, really deep.
It was something like this, "It doesn't matter how far you are going, taking a break is necessary if you really want to succeed".
I understand now... It's time to sleep.
Namaste.
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🔝 Daily Cryptocurrency Technical Analysis
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