Crypto Total MC Pattern/Warning, Dec 6This is Crypto Total Market Cap analysis, This will affect the whole market
Price is moving in a uptrend channel , right now price is at the bottom of this channel and also a rising wedge pattern is formed in the chart.
Its so important to wait till you see what will happen here
Red scenario: If it breaks the pattern (and also bottom of the channel) then sell because the market will be dumped
Green scenario: If it showed support then buy and invest
Marketcap
Market Cap (USDT chart + USDC chart) - December 5Hello?
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(September 4, 2020)
USDT: 15.831B records
USDC: 2.353B records
A difference of about 7.5 times was recorded.
(today)
USDT: 74.291B on record
USDC: 39.888B on record
About twice as much difference is recorded.
This shows that the amount of money that entered the coin market as a USDC stablecoin has increased dramatically.
This trend is expected to increase until the US crypto asset regulation policy is established.
CRYPTO-CAP, GIGANTIC Ascending-Triangle CONFIRMS!Hello,
Welcome to this analysis about the TOTAL CRYPTO MARKET-CAP and the 2-day timeframe perspectives. In recent times Bitcoin already made some great developments and managed to initiate this main broadening-wedge-formation that has the ability to complete in the upcoming times. In this market environment now I discovered that actually, the total crypto-cap is forming a highly important formation as well especially as it already made a new all-time-high this formation can approve worthwhile in the aftermath. In this case, I am looking at all the important levels, structural formations, and upcoming determinations we need to consider, also in relation to Bitcoin and Ethereum which are important drivers in this whole market by market-cap.
As when looking at my chart we can watch there that the Total-Crypto-Market-Cap-Excluding-Bitcoin has moved on to form this massive ascending-triangle-formation with the coherent wave-count in the formation and the waves A to D almost already completed. With the ending of the wave-D the Crypto-Cap bounced within the lower boundary of the triangle and from there on formed the breakout above the upper-boundary and continued with the wave-E in the structure, above the upper-boundary the Crypto-Cap is now moving on with this symmetrical Confirmation-Triangle-Formation marked in red in my chart, this triangle-formation is confirming the whole breakout and builds the origin-setup for further determinations and the wave-count upcoming.
Taking all these factors into the consideration the Crypto-Cap is forming a great constellation from where a continuation to the upside is very likely. Therefore in this current structure, the Crypto-Cap is likely to proceed with the wave-E-extension as it is shown in my chart. Overall the Crypto-Cap with this formation activated the target-zone at the 3.15 level marked in my chart in blue, there is a high potential given that this target-zone will be reached as fundamentals also showing positively for the whole cryptocurrency market establishment. Especially with this formational structure-specific altcoin in the market are interesting to consider and the extra gains that can be made in these cases, we will see how it moves on, it will be an interesting journey.
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Information provided is only educational and should not be used to take action in the markets.
ALEPH.IM⎜Interesting low Market-Cap CryptocurrenyAleph.im is a really interesting project, they are working alongside with Serum , Reef and plenty of big Partners.
Aleph is a Cloud Computing Infrastructure which is based off-chain and accessible by just a couple lines of code for on-chain dApps or other use cases. Aleph supports big Blockchain Networks like Ethereum, Solana and many more.
Link to Aleph: aleph.im
Additionally, ALEPH currently only has a Market-cap of 85M USD, so the upside potential is pretty big. A Binance or Coinbase Listing(which are possible) would really drive up the price of the Token as well as the uses of their Network.
Please always do your own research, Aleph has a pretty interesting Roadmap, take a look at it and tell me what you think in the Comments.
I'd appreciate if you left a like on this post if you liked it.
ETH still needs to retrace some before cont. up for macro wave 3ETH still needs to retrace some before cont. up for macro wave 3 up. I think we will see an extended wave C down to at least the 1.236 ($4294). That last drop had heavy volume. I think we we soon see more volume in a downward trend. I've been toying with the 128MA (black line). This MA, historically, Has been strong support or resistance in the past. Eth has crossed it on the 1hr and approaching it on the 4hr with this ABC correction. BTC on the 4hr has hit this support twice in the last 3 days. Both Eth and BTC are struggling to stay on the upper side of the Bollinger band. With the previous high we saw coupled with a lower RSI (indication of the top of wave 5 and the beginning of an ABC correction) I believe downtrend is immanent. I think many other alts are in the same pattern. Total Crypto market cap hasn't dropped much during this dip. It currently sits at -6% from ATH. BTC dominance is dropping. These two together indicate money could soon begin to move from BTC over into alts during this dip.
$COTI TO $1 SOON!!!!!!!!With a good understanding of its use case and a market cap under $600M. Coti's potentials have been undermined. It has formed the Cup and handle bullish continuation pattern with over 46% in view. it's riding to break and retest resistance while on the bulls to $1+.
My view what's yours?.... NFA and DYOR📍