Marketcap
SIACOIN KEY MOMENT. GOLD SUPPORT SIA / BTCYou can buy and hold for big high.
You can buy it only when you break the big gold line.
My target for siacoin. 1200 and 1500 satoshi
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Você pode comprar e segurar para grande alta.
Você pode comprar só quando romper a grande linha de ouro.
Meu alvo para siacoin. 1200 e 1500 satoshi
ALTS TOTAL2 in longterm bearish territoryALTS seem to be in a bearish longterm territory:
Elliott Wave is missing wave number 5.
The correction of wave 2 and 4 are perfect, one steep, one flat. Wave 3 needs to be the longest.
A massive bear flag is being built.
Weekly perfected 9 on the TD sequential.
Target:
25 to 35 billions of ALTS market cap.
Crypto Market Cap to 75 billion.The market cap is following the trend of the correction occurred in 2014. I expect a collapse of the same down to 75 billion, a target not reached in December 2018 but indicated in the past line. The graph is forming a bear flag and an abcd pattern. The bottom should be around 75 billion.
This is my personal opinion and this is not a financial advice! Good trading!
Total Cryptocurrency Market Cap Analysis Yesterday after holding the 136b support and closing above the 3 day range, we finally broke through the 140b level and surged higher. This being the total market cap gives you a sense of what the overall market was doing. Giving no regard to the 145b and 150b minor resistance region, we continued higher and closed above the crucial 160b level. Which ended up 16%+ for the daily session.
For now it is difficult to determine the next short term move, after such a dramatic movement. Which is why I usually step back from the charts and let the market breath for a day or 2 before re entering any margin trades. However the medium term bias for the time being is still bullish, especially after a strong close across the board as shown on the total market cap.
As long as we remain above the current 160b support level I believe we should see a continuation to the further upside targets at 175b and 188b. However if we do lose the current support I believe a retest lower to the 155b price level is orderly and healthy for higher price discovery.
*This is NOT financial advise and intended for educational purposes only*
BTC total market cap - big hint at bull market?!I have never traded BTC total market cap so I am not sure how much relevance it is to chart it. However, if you look at the large black box, the total market cap broke down below the descending triangle into this range, signaling an incoming drop. Now the total market cap seems to have drifted outside of the range. Could this be a similar hint for large movement ahead?
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
This is a log chart.
Altseason imminent, here's why...Hello everyone!
This chart is the total cryptocurrency market cap excluding Bitcoin, therefore it is the market cap of Altcoins.
It is looking extremely bullish after managing to close above the bearish pennant structure, breaking a higher time frame downtrend and testing it as support before moving higher.
So long as Bitcoin remains stable, we can expect Altcoins to rally further, possibly beginning a movement similar to that of late 2017 & early 2018.
Altseason is ready for you, are you ready for it?
Let us know your thoughts in the comment section below.
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Axsonex Team
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CRYPTOMARKETCAP - LOOKS VERY VERY INTERESTING - CryptoManiac101CRYPTOMARKETCAP / USD TA
This looks very interesting, doesn't it. We have a nice semi bullish pattern with possible golden cross (unconfirmed) which is currently following our parabolic curve.
Will this be the start of the next bull run?
Could be
What's our timeframe?
We have until March 27 for Parabolic Curve to either validate or invalidate.
We have until late May for pattern completion unless we break up or down before that time. Most patterns do breakout around 70% into it which would give us approximate date of April 10 (give or take another week)
Invest smart!
Total Market Cap needs a push for the BULLSAs you can see by the chart displayed, the total cryptocurrency market cap is in a clear Equilibrium pattern despite certain coins breaking into weekly uptrends and some getting within 1-2% ranges from bull breaks. We also have the 12 and 200 Weekly Exponential Resistances just above the current price which creates a more favourable trading environment for the bears on a weekly time frame.
The reason I argue that this is a more favourable trading environment for the bears is:
1- Low of Equilibrium pattern is around 3300USD so there is still a lot of room to the downside to for a higher low and continuing to tighten.
2- 12 and 200 exponential resistances overhead.
3- (Referring to BTC as a trade) Since we are a lot closer to the top of the Equilibrium range as opposed to the bottom, if one wants a bit more risk in their trade and doesn't want to await confirmation, a stop loss above EMAs or EQ top would be less of a margin then a stop loss below supports if a long position was taken.
4- The Macro Trend is still bearish. Until the trend is ACTUALLY changed, then the current trend has to be respected.
IF you are bullish, based off this chart and trading from the weekly time frame, I would not take any positions at the moment as an efficient risk management plan does not seem possible until a better set up occurs.
All in all, the best thing to do in this situation would be to wait for confirmation of a marketcap EQ break before entering long or short on trades. If I was forced to take a position, then as stated above, I would go short with stop losses in place from above EMAs to above EQ on BTC.
I am the Unemotional, Devotional Trader that Society doesn't deserve, but needs!
Crypto Marketcap - Bear Market might be coming to an end!Judging by history, the Crypto total marketcap has been using the 20 week MA (Yellow line) as a strong resistance and support.
I feel it will be a clear indication the bear market is over when we can break above this moving average.
The RSI double bottomed around 30 in the last bear market before it changed trends. I am looking for something similar before this trend reverses.
Best estimate, this double bottom should happen around late March, early April.
- The Wiz