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Total 2 Analysis? more dip is coming!!!📊 Total2 marketcap 🕒 Daily Analysis 🟢 The TOTAL2 broke the important support and dumped hard from breaker block. Most altcoins see double digit loss in last 48 hours. TOTAL2 is now taking support at $780-$800 billion area. IWe might see a test of $925-$970 billion resistance now. If it goes above this resistance then we see some positive movement otherwise the dump will continue. Use proper stop in all your position because of market situation.
CRYPTOCAP:TOTAL2Long
by Trader_Needs
Will history repeat itself? Interesting comparison from 08' & 22I was looking at the start of April 2008 through May 1st 2008, when I noticed similar price action from April 2022 through May 1st 2022. On both charts, at the start of April to the 1st May the price fell an average of 16%. Since I know what happened in 2008, I used the fib retracement to see how much of retracement the NASDAQ would go and how long it would take. On the left chart, you'll see NDAQ retraced back to the .618 level on Wednesday, May 7th. then got rejected by the 200 day moving average. The following week the CPI report for April was released Wednesday, May 14th which caused a huge dump that lasted to the third week of May. That dump was a total of 19%. That is insane! So, I started to think maybe the same thing will happen this current May 2022. It is very possible that history will repeat itself. I decided to fib retracement April-May exactly how I retraced it in 2008. According to my calculation it should take 7 trading days in May 2022 to reach the .618 fib level. That is exactly where the 50 day moving average is at price $172. This is the same day the April 2022 CPI report will be released Wednesday, May 11th. If we retrace by then and then later the market dumps 19% like it did in May 2008. The dump will hit a current major support level at $140-145 zone! Well isn't that a coincidence? That price level $140-145 became the major support on Jan 2021. The same year that inflation started to take affect on our economy. Could it be possible that we crash this May as a symbol to end inflation?
NASDAQ:NDAQ
by Trebor_Namor
2
LUNA UPDATE *DUMP INCOMING*LUNA had broke stcuture and as I posted in my latest update on Luna its getting to demand zone that cause higher high to be made. You can look about it in link below this chart. I still think the same about Luna , all though I didnt expect btc to go for lower support areas but to stay. But we cant never be 100% sure baout next move in market. So overall I will be buying when luna reaches drawn demand zone. This is not financial advice,just my opinion!
Short
by UnknownUnicorn26826311
BTC.D UPDATE! ALTSEASON SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC DOMINANCE update. Bitcoin dominance is trading inside a descending channel. SO here I expect two scenarios for BTC.D- Scenario1:- BTC.D starts dropping from here and is likely to break below the channel. In that case, Altcoins start bouncing from here. Scenario2:- We might hit again the upper trendline of the channel and from there we saw the rejection. After hitting the upper trendline it is highly likely that it starts dropping. In that case, we see some more corrections in Alts so that would give us the best entries. So in both scenarios, we might see soon a great Altseason. What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
CRYPTOCAP:BTC.DShort
by CoreCrypto1
4