Marketcap
Total 2 Marketcap bullish ?Lets take a look at Total Marketcap minus bitcoin Looks like a local bottom has been reached on Hr4 IHAS shape, Looking like support/resistance flip of a clear supply zone as highlighted in red Should lead to a relief rally on alts the next few weeks Any pumps and you should STILL be taking profits Still should be considered a bear market rally on MACRO IMO.. $BTC $CRYPTO
CRYPTO TOTAL MARKET CAP - $7T by 2025Bitcoin is a classic liquidity measure.
Prices have changed.
But the fundamental need for crypto hasn’t. Nor has the core technology, which is only growing stronger .
Would like to see Inflation Topping out ,
Short rates to drop, Bond yields drop,
Stock Market Bottom Formation and commodities to lose strength before Pulling the Trigger .
BTC Marketcap Neutral Pattern with a Bullish EdgeBTC is trading within this Symetrical Triangle which is a pattern that happens to be Neutral but it's showing a slightly Bullish Edge in the form of the 4 Hour Bullish Butterfly anbd the 4 Hour RSI Bullish Divergence perhaps from where we are now we could atleast see some sorta action back above the top side of this consolidation structure.
We are below 800 billion in total market cap! What to expect?As we are in a worse situation when the FTX has already collapsed which breaks the trust in the sphere bitterly and many other centralized exchanges are struggling to convince their customers. And thus the ongoing crypto winter has become more longer which is not good for the market and there was not a tiny pullback after the recent crash!
As the total market cap is below 800 billion, then we can expect another crash to make the bottle and in my sense, the bottom can be found around the 580-600 billion market cap area. That means the market is going to lose another 200 billion.
In the worst case, the market will not go below the 273 billion market cap!
Let's wait for the next move!
TOTAL MARKETCAP CRYPTOCAP:TOTAL
Crypto is in severe down trend since the start of 2022. Since then we are making lower lows and lower highs. recently we have break out of bearish flag pattern which isn't really good news for crypto
the total market cap is looking to retrace back to $700-800B dollars it will bounce back. the previous support of 1.16T marketcap is now a massive resistance.
it's inevitable for market to not retest 700-800B zone.
i will start DCA from 700-750B marketcap. at this point we are gonna have higher chance of getting in the market at right time.
what to do now ?
As trader / Investor I would start DCA
Ethereum Marketcap Looks Ready For A 100 Billion Dollar DeclineAlongside some Bullish outlooks for some of ETH's competing coins like XRP and LTC and TRX I also do believe that the ETH value of these coins will significantly rise in the coming months the cause of this rise in these coin's ETH pairs would imply that either: The USD Value of those coins go up significantly, ETH comes down significantly, or a combination of the 2. I do believe that it's more than likely going to be a conbination of the two but that the biggest factor would be the fact that ETH will come down significantly.
What to look out for here is a Break of the trendline,if it breaks through the trendline it will also be bearishly breaking down from a Bearish Consolidation Structre and will be below the 200 Week Moving Average which would most likely result in atleast an over 100 Billion Dollar decline all the way down to the next major support of $12.90B
I have been tracking multiple macro instances of the chart hinting towards ETH collapse and they can be viewed in the related ideas tab below.
TOTAL - blue volatility?!So Total Market Cap is at ceiling with exhausted parameters and volatility has turned blue.
In my indicator, volatility going blue means it has crossed back into an area of "beginning to get volatile". If that happens at highs - it means volatility kicks in to start going down. And that's what I expect.
Total Crypto MarketCap - This is somekind of topCurve channels are dangerous - watchout ! You may hurt yourself !
But once you get to know them - You see they are even stronger indicators than trendlines. Can I go a bit poetic here and say that hOOmans aren't linear but are more fluid, curvy, complicated? Well, PA reflects sentiment, so all of this would make sense.
Long story short - I expect marketcap to dip after this touch - Specially with TrendExhaustion and Whale Money being totally exhausted on Daily Timeframe !!
Total Crypto Market Cap Bullish? Total Crypto Market Cap is in the process of following BTC at the moment getting ready breakout of a falling wedge and a falling channel. I believe this is additional proof that the bull market is in the process of taking of again. Lets see what happens............................
USDT Dominance 10.02.2022Dominance Tether is stuck between two levels of 7.2%-7.8% and has hit several times from the upper level and several times from the lower level. If it hits any level this time, the probability of breaking that level is very high.
let's see what happen on Monday.
This Analysis will be updated!!
Expect 12-20% lower from here on TOTAL2 before potential supportUpdated my TOTAL2 macro chart - I called the timing/level of the market rally in my first version based on TA.
Reviving this chart because once again, blood is in the water. I'm not predicting it will catch support and rally again at the exact same level;
I'm merely reminding you that this is the next significant level of POTENTIAL support, and there's still a 12-20% drop before we get there.
Careful out there, and keep stops in place. With FOMC in a few days, clearly this will be a volatile week.
Happy Trades,
CD
CRYPTO TOTAL MARKET CAP MAKING MOVES!Good evening all!
The total market cap is currently ranging even though it has had a large bearish candle on the 4 hourly charts. I cannot predict the market however, I can put a few psychological indicators together and estimate the most likely event to follow.
The most recent move can be seen as a breakout of a bearish flag formation. we are still in a range however, this pattern sets a target that will see the price breakout of this consolidation area if the bears are able to stay in power.
Range explained: The support and resistance levels are placed using the fib retracement on the daily chart, these levels happen to be the strongest levels of support/resistance (50% and 68.2%) thus any move below/above would most likely result in a continuation/reversal. My opinion leans towards the bears as the overall market is bearish and my indicators show strength in the bears.
The 972B price had been tested a couple of times and has been solidified as a strong level of support\resistance to break in the future, as it added confluence in the strength of the bears. This Level is to be carefully watched on the way back up.
If the market had to remain healthy after this dramatic decline in a short period, I would like to see a retracement up to the 944-942B price in order to have more confidence in the flag breakout as well as a prosperous decline to the potential target which lies at 867B
. The 944-942B level acts as a strong middle point in the consolidation range and thus will make a great reflection point before the price continues downwards.
Thank you for your much-valued time! Please feel free to give me your opinion and like the article if you found it interesting.
@TradingView
BTC - long termHere we have the only 2 curvy supports that I take into account - We are now sitting on one of them which suggest we could bounce just to show some resistance - therefore it is wise to DCA here for at least a small bounce. The other support is my all-time curvy support - Respected by the 2012 and 2015 bear market and also by the Covid Crash - going lower will change history as we know it - and potentially the future of Crypto as we know it.
Therefore my plan now is to DCA where we are, next crutial level sits at $13k-$14k.
Sadly I have my expectations of hitting it lower, but I must see the fundamentals leading the price that low to be able to judge them - for now we only focus on those 2 areas.
Cheers!
Total Market Cap Hello guys.
Total market cap is moving in a falling wedge and also back at it's strong horizontal support, from where we've previously seen a decent bullish move after retest.
Here a bullish move is expect after a successful breakout with some bullish candle closes above resistance level of falling wedge.
If Total market cap breakdown the horizontal support, then we can expect a move towards the lower marked demand zone. Total market cap is moving in a falling wedge and also back at it's strong horizontal support, from where we've previously seen a decent bullish move after retest.
Here a bullish move is expect after a successful breakout with some bullish candle closes above resistance level of falling wedge.
If Total market cap breakdown the horizontal support, then we can expect a move towards the lower marked demand zone.
🤖 #SENTIMENT- 30.08 🤖TLDR
In essence everything is pointing towards short term bear movement for the next 2-4 days and then potentially bull rally
USDT DOMINANCE
Hitting key resistance, overbought a bearish divergence and descending trendline. Equally a break out here would be huge but it is looking quite bearish which means money flow into BTC and Alts
ALT CAP EXCL. BTC & ETH
Playing out the last of a Head and shoulders pattern with the possible bottom in the next few days then could result in a big rally from there driving Alts up
BTC
Finishing off the last of a descending wedge over the next few days then possibel breakout on the cards
BTC DOMINANCE
We will likely see a bounce at the bottom of this channel now as a result of BTC pumping - this may leave Alts a little stagnant but they will follow.