Total CapThe crypto market has seen tremendous growth in recent years, with an increasing number of individuals and businesses adopting cryptocurrencies as a viable alternative to traditional fiat currencies. This has led to a surge in demand for blockchain technology, as it provides the foundation for cryptocurrencies and enables secure and transparent transactions.
One of the most promising applications of blockchain technology is in the field of decentralized finance (DeFi). DeFi is a financial system that is built on blockchain technology and is designed to provide users with greater financial autonomy and control. It enables users to access financial services without the need for intermediaries such as banks, and allows them to trade, borrow, and lend cryptocurrencies in a decentralized and secure manner.
Moreover, the integration of artificial intelligence (AI) in the crypto industry is also on the rise. AI has the ability to process vast amounts of data quickly and accurately, and can be used to analyze market trends and make predictions about future market movements. This has the potential to revolutionize the way people invest in cryptocurrencies, enabling them to make more informed decisions and ultimately generate higher returns.
Furthermore, the adoption of AI in the crypto industry has also led to the development of more sophisticated trading algorithms that can execute trades automatically based on predefined criteria. This has led to increased efficiency and accuracy in trading, as well as a reduction in the risk of human error.
In conclusion, the expansion of the crypto market, the adoption of AI by the industry, and the advantages of DeFi are all exciting developments that have the potential to transform the way we think about finance and investing. With continued investment and development, we can look forward to a future where cryptocurrencies and blockchain technology play a central role in shaping the financial landscape, and where DeFi and AI enable greater financial autonomy and control for users all over the world.
Marketcap
XAUUSD: Gold Correction Is due OANDA:XAUUSD
Hi , Trader's ..As u can see after collapse of silicon valley bank , Gold shotup heavily
Now Market needs a correction down to 1860 area , 50% correction is due now
Gold is heavily overbought in All TF now , Market seems to be unstable
There is big Gap opening which need's to be filled
1900-1909 area will be reversal area for gold
❤️ Please, support my work with follow ,share and like, thank you! ❤️
why DCA is the best strategy for trading?Today I’ll be talking about what is Dollar Cost Averaging (DCA) and how is it used in trading.
i will also shine a light on what importance it holds
What is dollar-cost averaging (DCA):
It is an investment strategy in which you invest a fixed small amount of money at regular intervals.
This allows you to take benefit of a market bearish without risking excess funds
Allowing you to keep up with greater liquidity and take benefit of market bullish.
let's show that with examle :
Let's imagine that there is a person called Cecilion and he invests in filusdt with a fixed amount of $ 20 every month.
let's imagine the price of that currency in March was $ 5 Then Cecilion will have 4 pieces of filusdt in March.
And in April, the value of filusdt fell to $4, and Cecilion bought it for the same amount ($20) to have 4 + 5 = 9 pieces of filusdt in april.
And in May, the value of filusdt fell again to $2, and Cecilion bought it for the same $20 , so that he owned 4+5+10 = 19 pieces of filusdt in May.
And in the following month, the price of filusdt raise to $10, and Cecilion bought it for the same $20, so that he owned 4+5+10+2=21 pieces of filusdt in June.
let's do some math to show the efficiency of this strategy:
- Cecilion invested $80 in 4 months and owned 21 pieces of filusdt to be The average purchase price is 80/21 = $3.8
- Let's imagine that Cecilion did not use this strategy and bought filusdt for $80 at once in March when its price was $5
Then a cecilion would have 80/5 = only 16 pieces of filusdt instead of 21 pieces.
hope this article was useful to you and appreciated ur support with likes , comment and follow for more.🎯
MAJOR DROP JANUARY 2023 Crypto MARKET CAP 400 BILLIONHello, the Crypto Market cap is due to shed 50% or more in the beginning part of 2023 with a quick recovery after Q1 into Q2. At this moment the macros agree that we have one last leg down until the main BEAR MARKET dip which I estimate will be in January 2023. If you're longing here, you'll be in profit summer 2023 but if you're waiting to long then its good to wait. Every price from this post will cut in over 50% all cryptos within the month. This will align with the attached BITCOIN 2023 DIP CHART.
TARGET MARKET CAP BUY IN AT 350 BILLION - 400 BILLION
ENJOY and good luck!
📈 Total Crypto Market Cap. Better Than ExpectedI was expecting to see a strong drop, a retrace right after the market grew by more than 300B... This didn't happen.
The TOTAL Index chart is looking better than expected.
We know this one and BTCUSD are quite similar which is normal of course, since Bitcoin is the biggest crypto and thus drives the market to follow whatever it does.
MA200 has been tested as support and it holds.
This is good news as it can open the door for additional growth.
We have a bullish cross of EMA10 and MA200, this is amazing news as it can push everything higher up.
The RSI as it is, support another rise in price.
If there is any kind of bearish action, it should be fast but short-lived.
At most, it would be some sort of shakeout because the bulls are fully ahead... There is really nobody to sell, sellers are exhausted and that is why consolidation is taken place.
No weak hands left?
Then crypto can move ahead.
Namaste.
CRYPTOCAP - Time for a correctionHello everyone,
Crypto markets have recovered large portions of losses made since early Nov. BTC is trading above the 200D SMA, along with the crypto market cap, indicating a bullish sentiment. I don't think it's time to FOMO yet though. Despite BTC making somewhat of a higher high on longer TF, the total crypto market has yet to follow, indicating weakness.
A view from a lower time frame, the total crypto market cap has rejected 950B resistance zone. Current formation seems to be a descending triangle, indicating the build up of short interest at this key zone. The local support zone is 920, 200 D SMA (900), and 100 D SMA (835).
Let me know what you think.
📈 Use The Retrace To Buy-in, Rebuy And Reload (Total-Crypto)After a strong breakout...
After a strong waves...
After an impulse...
It is 100% normal to have corrections and retraces.
If you missed out, this is a great opportunity to buy-in.
If you are already positioned and secured some profits, this will be a great opportunity to rebuy and reload.
Remember to plan and do your own research of course.
Remember to set a stop-loss, etc.
You are responsible for your own actions... This is my view and opinion based on experience and what I see coming from the charts.
I hope you find this information useful.
Previous trade idea | 29-Dec-2022
📈 Cryptocurrency Market Capitalization Likely Grow 200 Billion
Namaste.
A look at the total market cap on the 3 month chartWanted to post this idea simply to show one thing and one thing only. The 2018 bull market top is holding support on the total market cap for multiple 3 month candles here. It broke on btc but is still holding strong for now on the Total chart. *not financial advice*
Is Ethereum going to dethrone the king!?This is the million dollar question.
This has been a topic thrown around from time to time. Will Ethereum pass Bitcoin, Blah Blah blah. This is the first time I feel there is any evidence towards it. Let's take a look, as do believe that this could happen either before the next bull run or during the next bull run.
Ethereum for the time is showing strength against Bitcoin in a bear market. We can clearly see it here in the Market caps of ETH and BTC as there is a clear divergence that has been made. ETH came close before in in 2018 at it's peak of the bull run. Ultimately in the bear market the gap of ETH market cap widened as it corrected much harder.
Even with this divergence the gap percentage in 2018 was smaller than now but ETH has never shown us divergence against bitcoin. ETH along with every other altcoin has shown weakness and has fallen off drastically against BTC in bear markets, so this divergence is strange to say the least.
What will it ultimately lead to? We don't know, but if it keeps up, it will eventually dethrone the king. It could just be signs of an alt-season that could be brewing. we don't know, time will tell us.
One thing is for sure, there have been a few first times in the last two years and this is just another for the list. The crypto market is changing and growing while showing some different dynamics in my opinion.
The indicator below shows ETH Volatility. The thing of importance is that the volatility has kept going up while the market cap of ETH has reversed course and has begun rising and showing strength while bitcoin's market cap fell more.
Another thing to note is that this divergence started before the FTX collapse but even after it amongst all the fear ETH has stayed the course and it actually confirmed this trend and strength because of it.
I have gone long with the chart as I do believe this trend will continue at least for the short to medium term.
Please let me know your opinion down below. Let's see what people are thinking on this subject.
Kind Regards
WeAreSat0shi
Stay Blessed!
📈 Am I The Only One Getting Excited?Is it me or people are really, really negative about crypto while the market is totally recovering?
It seems as if we are hitting new lows yet bitcoin is breaking up, the altcoins are moving up and even the stock market is moving up...
Am I the only one feeling positive or certain that this is not a "fake" breakout?
- If you know this is the real move, let me know in the comments...
- If you are still in a bad-mood, please, also let us know.
The cryptocurrency market is about to have the biggest, strongest bullish wave in years.
Stronger than the mid-2022 dead cat bounce.
Stronger than early 2022... So the biggest wave in years...
Let's enjoy it because we don't know for how long this will go.
---
Thanks for taking the time to read.
I appreciate all the people that take the time to comment.
It is my pleasure to write these trade ideas for you.
My wish is that you enjoy the content, you feel entertained and if you are getting started, you also learn a few tips/tricks...
Oh and of course, if you are a trader... It is my wish that you maximize profits, bear or bull, that you are blessed with the right calls, the best decisions, peace of mind, joy, entertainment while trading and tons of success.
Thanks a lot for the support.
Namaste.
📈 TOTAL Market TurnsThe TOTAL Cryptocurrency market capitalization managed to move above the 2022 June low.
This low stands at 762B and we are currently trading at 779B.
While there hasn't been much action lately think about this...
We have more than 6.5 long months of consolidation, exactly what is necessary for capitalization to increase.
In the past, while we were hitting new lows... This would happen frequently, over and over, no stop.
The drop from November was ferocious and strong.
The fact that we've been going sideways for so long is an indication that the next move is more likely to go up... We have many other bullish signals.
Back in July, August the bulls where still all happy and strong...
The bulls are demoralized now, weak, defeated... They have given up.
Once this happens... The total market turns.
Namaste.
TOTAL3: SOON A BOUNCE IS EXPECTED.Hello guys, today I am sharing a chart on Total3. It is the total market cap excluding BTC & ETH. I am using 2 days timeframe for a better and clear picture.
The Total3 has drastically fallen -28% from the last November 2022. The price got settled at the low of $298.176B forming a lower supporting trendline at around $300B. With the current price holding at $318.6B and the recent scenario in the market, the $300B support level seems quite strong and soon a bounce back is expected. Until and unless, Total3 holds the lower supporting trendline, the expectation for a bounce back will still continue.
Key Points:
1. Support level: $300B.
2. Invalidation point: Price below $300B.
3. Bounce back range: $370B.
That's it from my end. More updates on this in the coming days.
Trade safely.
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