Marketcapitalization
ADA-USDT (Cardano technical analysis) Daily ViewHello all! 👋🐢
I am expecting to see the red/green pathway play out 🟥🟩. This is just my current view.👍
Long-term I am extremely bullish on ADA (Cardano) and its fundamentals.
(Daily view) Blue arrow only if we maintain extreme bullish momentum
Cardano is currently the third largest cryptocurrency by market capitalization (Number of shares multiplied by price.)
BTC may do a little bit of correction and I expect altcoins such as Cardano to follow with it.
I always recommend looking at multiple charts and reading crypto news before making a large investment.📈💲✔
Thank you for considering this short technical approach analysis 🐶
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay 🍊🍁
TotalMarketCap for 2021 CycleTop of the Mornin' !
I was going through all ALTs, checking their potential top levels.
Needed to check if that amount of money to match required marketcaps is possible - and it is ! If it respects the trendlines created so far.
Potential EOY TotalMarketCap could be of $5T, - this sounds crazy to me as we have 1 month left - but that is what the chart shows.
Ofcourse if the Total Market Cap breaks support - run away.
Cheers!
🔥 Total Market Cap: Cup & Handle UPDATEAround a month ago I made an analysis on the total market cap of the crypto-space.
In this analysis I said that the Cup & Handle chart pattern was completed and a nice bullish move was to be expected, 3T being the target.
After hitting 3T a couple of days ago, we have been trading relatively bearish, with the strongest drop being today.
I'm not convinced yet that the correction is over. Ideally we'd re-test the previous Cup & Handle support and bounce from it.
Reversal target still at 3T.
Happy trading!
$TSLA Tesla Market Cap hits +$1T11 years after being initially listed on a public exchange #Tesla surpassed the $1T mark on midday Monday 10/25/21 when shares hit $998.22
Shares closed up 12.66% at $1,024.86/share - another milestone as this was the first time the companys share price has reached the $1,000 mark
BTC vs Bitcoin Dominance Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral for the short term. Long term, bullish, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Note:
I was incorrect in planning the imbalance to take us back to $20k or below, the reason for this is imbalances revert back to the original imbalance.
With Crpyto's it seems the Golden ratio and a high probability to 0.786% Deep retracement zone.
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
Please see the previous chart idea to understand where price was heading
An interesting note:
Based on a modelling concept using a base case where the Cryptocurrency market reaches the size of the gold market and Bitcoin remains at around 50% Market dominance and or reaches 60%+ as the market has previous held % dominance of. The price of BTC can reach heights of according to the multiplication factor of the model. Note: Using at the time of model the gold market is 11.03Trillion. The Implied market cap of 6,781.80T at 60% gives an implied price per BTC at $360,734.04 per BTC. 50% Market dominance will provide an implied price per BTC at $300,611.70 per BTC.
To know further about the model please message me in the comments or privately for further information.
Monthly Imbalances
Here are the latest imbalances for Bitcoin, where the point of interest had offered a weekly candle close from the peak high of $64,823.XX to $51,997.XX. This is a huge imbalance where price has offered a large change of hands to a critical price inefficiency. Sellers are now in control and created a low with a heavy drop where the weekly shows the rapid selling. This is due to the buying imbalance now changing to provide efficiency based up on the pivot point.
Bi-monthly Chart
The weekly sell zone from $64K All time high (at current).
The Fibonacci took us back to the weekly zone - refer to Weekly chart
- Weekly Chart
The Fibonacci successfully closes out with the -0.618%.
Understanding the Market Capitalisation of the coins history.
The privatised tracking will be found at the bottom - to view click the link.
Here is the Bitcoin market imbalances cap - monthly chart
Weekly Bitcoin Market Cap
Notice the equal lows which have formed the famous double bottom formation.
The weekly trendline whilst steep has now seen a sell off, but now can establish a take back being the dominant coin.
Daily Market Cap with BTC price
Notice the daily imbalance on the market cap and the price chart equate to the same position opportunity.
BTC - candle sticks
ETH - purple
BNB - Rose pink
XRP - Orange
ADA - Green
Tracking the major coins as of 6th October 2021
BTC - 44.69%
ETH - 18.51%
BNB - 3.19%
ADA - 3.11%
USDT - 2.95*
XRP - 2.22%
* based on a fictional USD stable coin derived from Fiat.
Source:
coinmarketcap.com
Here is the Daily, since the previous analysis - please ensure you read to understand why this was taken.
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TOTAL2 end-number 200+ trillion?Given some technics from the past few cycles we can establish that the duration of the "big gain" period is extending and the actual gains (%) decreasing. It could be more accurate, but the point is the bigger picture. Hold your coins. Don't get scared. You don't have to "buy the dip" and "sell the top", IF you have the patience and calm to zoom out and focus on the bigger picture.