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Marketcapitalization

Is it cheap? Why "dilution" is a concept you NEED to understandMany newbie investors get in trouble because they don't understand the relationship between share price and share count. If you're new to investing and you've never heard of "dilution," it's very important that you keep reading this post. If I look at a standard chart of Spirit Airlines's share price, such as a upper chart above, I might conclude that the stock is cheap right now. Spirit shares are trading well below the price they've traded at for the last five years. This is an illusion. The valuation of a company is its share price times the number of shares outstanding. When a company runs low on cash, it sometimes issues and sells new shares. This "dilutes" the ownership percentage of existing shares. Imagine I have a pie, and I've invited you and two other people over for a piece. We're each going to get a quarter of a pie-- a really big slice! But then you decide to invite a friend. The size of the pie doesn't change, so now we have to cut it in fifths so your friend can have a slice. Each of us will get a smaller piece. Issuing new shares works the same way. Since the beginning of the Covid-19 pandemic, Spirit Airlines has issued 29.14 million new shares, increasing its share count by 42.5%. That means that each share now represents a much smaller proportion of the company than it used to. The shares have been "diluted." Because of dilution, looking at a chart of the price of a single share doesn't tell you how "cheap" or "expensive" a company is compared to its historical valuations. Fortunately, there's a quick and easy way to chart a company's actual valuation. Share price multiplied by shares outstanding equals the company's total price tag, its "market capitalization" or "market cap." To chart market cap on TradingView, find and click the button labeled "fundamental metrics for stocks" at the top of the chart. Type "market" in the search box, and TradingView will narrow the list of metrics down to the one you want. Clicking on "market capitalization" will add a time series of the stock's market cap to your chart. When we look at market cap for Spirit Airlines, it doesn't look cheap anymore. Spirit is trading within its price range of the last four years, even though the company is now financially worse off in every way. With earnings negative and sales nearly cut in half, Spirit is priced as if the pandemic had never happened. By charting market cap, you've adjusted for dilution and gained a much better understanding of the asking price.
Editors' picks
NYSE:SAVEEducation
by ChristopherCarrollSmith
52
Altcoin market cap still being upper bounded by 155BNo denying the fact that we could be seeing a double top forming here but if we assume that we are now in a bull run/leg , we could see this double top attempt fail soon. First sign I am looking for is a WEEKLY CLOSE above 155 billion as market seems to still be giving this level ample amount of respect. The last 3 candles (including current one) have attempted to break this level but no success yet. I always look for the 3rd attempt as an all important attempt in breakout setups so let's see if the bulls can manage to break 155 level this time around.
CRYPTOCAP:TOTAL2
by thedailychartist
CRYPTO MARKET CAP - Finally Time to Level Up?Question: If a bear dies on the market but everyone is too busy buying, does it make a sound? Rhetorical question, but if it did I imagine it would sound like Chewbacca. -- Looking at the Market Cap 1D chart for cryptocurrency. We're sitting right at the previous resistance level, a troublesome place where we have been rejected 3 times so far! The bull run-ender historically. The last time was of course the dip at the beginning of September, we then dropped to the bottom of the channel. We're right in the middle of the channel now, with an extremely bullish breakout from price consolidation with great volume. Some factors I think are going to play into us breaking through this time: BTC has conquered 12k and is at 12.9k right now, with short term consolidation at that level. I expect a bit of a dip back down the 12.5k level as money spreads around the market. Alts sold for btc draining value down to supports > btc goes up > new money comes in to market once alt liquidity is used > btc consolidates and money spreads to the whole market. We literally just started the bull trend rebound off key support on dozens and dozens of charts. Meaning there's headroom across the markets. Since we're in the middle of the channel, I would expect a short term correction to hit at some point. Nothing major, then continued growth to complete the move up. We're hitting the squeeze point of the channel, the tip of the triangle, if you will. Where the price has to either break resistance or break the trend. Given the strength of the uptrend over the last while I think this is the best chance we've had to break loose. If we are going to get a small correction it will be around where we're at now, so be a little bit careful and watch things. Once we're clear of this level I believe the whole market will pop up to the marked purple area based on previous resistance. Once we get there, we'll see what happens!! -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. If you don't like it, then leave like but do it with anger; I'll be able to tell the difference. Feedback, criticism and crude humor are welcome 🤙😁
CRYPTOCAP:TOTAL
by cryptosince1963
What is next for equities? (NASDAQ)This chart is going combined the biggest market cap of NASDAQ. Technical aspect: Below the areas we are currency at, the next area below would be 5518. That would be heading NASDAQ further pull back. Higher above could go towards 5948 areas - Above could just follow the ascending channel. Increasing likely hood of testing key resistance areas. Interesting chart, could help guide you get a direction towards NASDAQ. Just a trade idea, not a recommendation.
NASDAQ:META
by Trade_Journal
Altcoin market capitalization, impulse wave scenarioHello, yesterday I posted the correctional wave scenario for TOTAL2 , please check out the attached TA. Here I project a possible impulse wave scenario for alt cap. Lets assume that the former orange trend is now our resistance, the market has shifted in a slower paced uptrend (violet dashed line) and just started wave III. Confirmation might be created by breaking the grey downtrend with a solid close above it. As always a retest of the former resistance will fortify the projected price action. A bullish pattern that might form, is the W created by B -> C -> I -> II ?-> III. The overall structure forms some kind of pennant, but I don't like its structure nor the time-frame. As always this is not a direct advice concerning your asset management. Trade safe Nik
CRYPTOCAP:TOTAL2
by UnknownUnicorn1539772
Cyrpto Market About To Bullcross: 50 & 100 Week MASimilar to Altcoin dominance looking bullish, the crypto market total capitalization is close to it's two year long resistance downtrend line, with a 50 & 100 Week MA bull-cross anticipated in a week or two, as well as on a Green 3 TD Sequential. I'm skeptical this can be broken this week, but if there is continuing rising volume, it's becomes trade worthy (2.1 reward/risk). A close above the resistance trend-line, with the Green 3 above the Green 2 would be a case for a move to the previous swing high around $332B. Breaking below $210B would likely lead to a fall to the recently created support trend-line at $200B. CMF is positive and rising, MACD is bull-crossing this week, waiting for RSI to break above resistance level around 55 and into bullish territory >60. Altcoin Dominance Eyeing Up A Breakout to 40% (January 2020) Altcoin Speculation Coming Soon... (October 2019) Altcoin Dominance Bouncing From 0.382 Fib Retracement (September 2019)
CRYPTOCAP:TOTALLong
by dragononcrypto
The jumping marketcap, periods of capitalization Playing LEGO What I always ask myself, why effects the movement of bitcoin always on all the other coins? It seems like, somebody is playing around in this market big times. Somebody is playing LEGO, adding a bunch of money, and taking it away. Marking it for every participant exciting, but also unpredictable. Jumps block wise are happening. What is interesting is always the movement of the whole marketcap. Beside the individual value of each asset, it seems to be a certain amount of capital in the market. An unbelievable number with tones of zeros. The current Market Cap the market is dancing around are $200,000,000,000 since the all time high and its fall. There are certain periods, where the market goes below, or climbs above, but always levels back to 200. Periods It seems like, that there are big movements happening around 20 to 26 bars periods. The recent periods showed a mirrored pattern. Starting from 200, where it stayed around 20 bars, felt to a low pretty extremely, made its way back to 200 and just jumped to the years high! Ending up leveling back to 200. Looks like a game, adding 20, removing 20, removing 30, adding 30 back to 200. Bitcoin halving Interesting situation now: We have 26 block (182d) the next event in the cryptospace, the bitcoin halving. Estimated date is by end of May. How will the next period look like? This is a question, that every crypto enthusiast drives nuts. According to some thoughts, there will be a next big high before the halving. Some see another bear market. If the marketcap is following a certain pattern, I think it will move sideways for the next weeks, leveling the 200 with a funnel heading towards the halving. A real price action can be expected after the halving, even new ATHs. Even this recent fall follows the old marketing sayings: Even bad promotion is good promotion. So stay volatile, guys. Some really nice events are coming up. But maybe not tomorrow. What are your thoughts about my ideas? If you like, what you read, give me a like and follow my account. Stay tuned;)
CRYPTOCAP:TOTAL
by tomid_trade
Potential Money inflow in most of altcoinsHello fellas, In this current post, I will discuss about the crypto total market capitalization especially in altcoin market. So, what is the definition of market capitalization? Market capitalization refers to the total dollar market value of a company's outstanding shares of stock (in this topic the "outstanding shares" refers to "circulating supply"). So, here we go fellas! I am using the TOTAL2 which is the quote of crypto total market cap exclude the bitcoin. we can see on above chart that currently the value of altcoins is around $71 Billion. I do believe that this value will increase significantly until the end of the year. Based on technical side, it bounced from the 78.6 fibonacci retracement level. This area is known as the flavor of the year because most of the instrument has bounced when it touched this level back in 2018. This is simply the last support level before the previous swing low to make it double bottom pattern. If this bounce hold true, we will see the capitalization of the altcoins enter the $100 billion range again, refer to the golden pocket zone as well. Beside the $100 billions is the psychological number as well. If we see the capitalization increases, this will become a good indication of altcoins. we will see a tremendous money inflow to the altcoins market which will affect the price of most of altcoins. I do believe most of altcoins will have a beautiful end of year movement and bullish month ahead is coming for altcoins. This statement is having alignment with bitcoin dominance that shows a down trend pattern. I will assume the money inflow to altcoins is coming from money outflow from bitcoin's market.
CRYPTOCAP:TOTAL2Education
by julio24albert
Bitcoin Dominance’s Gaps Left & “Golden Cross” on D ChartBTC Dominance - Diversification Towards Bitcoin CRYPTOCAP:BTC.D Introduction The following analysis focuses on the topic of the Bitcoin dominance - how it is appropriate to read the information and what it gives to the traders and investors, as well as what forecasts can be done based on analyzing the information of its values over time. The Bitcoin is the first cryptocurrency that appeared more than 10 years ago and since then it is truly dominating the global crypto market. Of course, in the beginning, it was just the Bitcoin and no other crypto currencies were existing. At this point of time there was no need of an indicator as the Bitcoin dominance. However, later on, by facing rapid expansion and having hundreds and even thousands of other secondary crypto currencies (called alts), there appeared a need for having an indication of what portion of the market is still held by the flagship crypto currency, compared to all the rest. Bitcoin's dominance is moving within the range of 94.67% and 99% throughout the whole period of its inception until February 2017. From this moment on, the percentage of market dominance is sharply heading south. The solid 90%+ level is broken downside and for just a couple of months, the BTC dominance is almost twice reduced - down to 57% in the beginning of July 2017. Should this be considered as a new trend, a new wave, or a revolution that brings the industry to the next level? Relatively - yes, but at the same time this statement must be accepted with some reservations. Diversification Towards Bitcoin In a time of uncertainty at the financial markets, diversification from a risky to safer assets is something desired. When there is a world crisis ongoing, most of the fiat currencies such as “Euro”, “Japanese yen” or “Chinese yuan” become less attractive compared to the US Dollar. The US Dollar is providing safety due to its worldwide recognition and usage. Following the same logic, the Bitcoin, as the first official cryptocurrency on the market, got the right positioning and recognition in order to be the true dominator on the long run. The uncertainty around the current market situation is resulting in an aggressive escape back to the Bitcoin. The lines on the Daily CRYPTOCAP:BTC.D chart are gaps that had been formed in the past. Technically, the gaps are those areas on a chart, where the price of the financial instrument moves sharply up or down, with little or no trading in between. As a result, the asset chart shows a gap in the normal pattern. On the Bitcoin chart, gaps were left around 96,4% and 72%. Throughout the history of the stock market there is a rule that the gaps get filled sooner or later. By having gaps filled, the trend restores it’s old original direction. With all that said, from a technical perspective, the chart give us information that a retracement to 96,4% will take place. Fundamentally, a statement as that could be explained as a continuing switching back to Bitcoin, thus altcoins will get weaker and weaker in time compared to the oldest crypto asset. Furthermore, on the D chart from Figure , the 50-candle MA had crossed the 200-candle MA, forming this way the so called formation “Golden Cross”. Golden Cross indicates an incoming long-term bullish market in the near future. Technically, from this point, the 21MA, 50MA, and 200MA will play key support levels from where the percentages of BTC.D can easily bounce and continue rising. Conclusion The main reason for the creation of so much new altcoins from 2016 to the end of 2017 is connected with the euphoria stage around the Bitcoin. The crypto market had a need for new financial instruments to be used for diversification and maximising the profit. With the creation of new coins, some of them gaining more than 1000% return on investment (ROI), the euphoria stage became even more deceptive. After the market confirmed “Dead Cross” with the crossing of 50MA with 200MA, money started to flow from altcoins back to Bitcoin. The time of aggressive diversification has started. Technically, on figure 5 can be seen the open gap around the blue zone at 96.4%. At some point that gap must be filled The Bitcoin will return it’s domination over the market. That could be accomplished with continuing diversification towards Bitcoin with more growth or a coming correction over the whole market. In a short term Bitcoin Dominance will have to test 200MA on weekly chart, zone around 71% - 72%. Test of that area is crucial for how the altcoins going to act in the next 6 to 8 months. A retrace after testing the 200MA weekly is more than likely. Potential support zones will be 65.8% BTC.D and 62.7%. If the market could close a weekly candle over 72% and touches 74%, the growth of Bitcoin Domination will continue aggressively towards 84% and as final target 96.4%. If the support around 65.8% and 62.7% cannot hold, the next retracement zone should be 60% and 58%. In long term expectations are for continuing growth of Bitcoin dominance towards it’s end target of 96.4%. All of this points out to a situation of expected global trend for escaping from altcoins and turning back to the classical crypto asset until more developments are made in time.
CRYPTOCAP:BTC.DLong
by Kairos-Alpha
3