$TOTAL Market Cap FUD Sell-Off 14% sell-off on Crypto CRYPTOCAP:TOTAL Market Cap in the past 24 hrs
If we don't reclaim support here, could have another ~8% down to go. If that happens, I expect it to happen swiftly with a V-shaped recovery
Get your bids in!
NO NEED TO PANIC
Santa Rally still on the table 🎅
Total
TOTAL 15M: Hidden Bullish Divergence on Fake-OutThe Total Crypto Market Cap is displaying a significant technical setup on the 15-minute timeframe. We've observed a hidden bullish divergence forming in conjunction with a false breakout pattern, suggesting strong continuation potential. The market has maintained its structural integrity despite the fake-out attempt, indicating robust underlying strength.
The primary trend direction remains bullish, evidenced by the series of higher lows forming on the 15-minute chart. A notable hidden bullish divergence has emerged between price action and the RSI indicator, where price made higher lows while the RSI showed lower lows - a classic continuation signal in an uptrend. The market's reaction to the false breakout demonstrates strong buying pressure, as prices quickly recovered and resumed the upward trajectory.
Price Targets
Based on the technical structure and the measured move from the pattern:
Initial Target: $3.85T (near-term resistance level)
Secondary Target: $4.0T (psychological round number)
Extended Target: $4.2T (based on previous move projection)
Entry Conditions
Primary entry at current market price ($3.51T) following confirmation of hidden divergence
Secondary entry on any pullback to $3.45T support level
Initial Stop Loss: $3.42T (below the recent swing low to protect against further fake-outs)
Take Profit Levels:
TP1: $3.85T (25% position size)
TP2: $4.0T (50% position size)
TP3: $4.2T (remaining position)
Stop Loss Placement: Below the recent swing low to accommodate market volatility
Position Scaling: Consider scaling into the position with 50% at entry, 50% on pullback
Market Conditions to Watch: Bitcoin's price action, as it often leads market direction
Additional Considerations
The presence of a false breakout followed by quick recovery suggests strong underlying buying pressure. The hidden bullish divergence adds significant weight to the continuation thesis, particularly given the overall market strength.
Bullish Case: Maintained as long as price holds above $3.42T with RSI showing positive momentum
Invalidation: A clear break and close below $3.42T would negate the setup
The broader crypto market is showing strength, with major cryptocurrencies maintaining their upward momentum. This macro context supports the bullish continuation scenario for total market capitalization.
ALTS Market Cap Chart AnalysisThe ALTS market cap has broken out of a descending broadening wedge, triggering a strong bullish rally. However, it is facing resistance at a key horizontal supply zone.
The Ichimoku Cloud shows strong bullish momentum, indicating the possibility of a continued upward move. A decisive breakout above this resistance level could trigger a significant rally, further strengthening the upward trajectory of the ALTS market.
For updates on other coins or personalized insights, feel free to reach out to DM.
@Peter_CSAdmin
TOTAL Update - Dec 10 2024Sometimes a tool as simple as parallel channel can help us identify important support/resistance zones.
Looking at the chart, it's obvious that TOTAL reached 3.6T zone. Not only is this zone the area where a couple of fibs exist, but also it is indeed the upper boundary of the long term ascending channel.
Higher possibility scenario is to see a drop towards 2.5T - 2.73T zone before continuing the rally towards higher level. In order to keep its bullish integrity, TOTAL must not drop below 2.28T level.
bitcoin hits 749k into 2025.gm,
in previous cycles, the duration from cycle low to cycle high has typically been roughly 1,000–1,100 days. currently, we are 742 days in, which suggests we still have about a year until the "expected top." this projected top also aligns with the global liquidity index in q4 of 2025.
the way i interpret this current structure is straightforward:
from the november 2022 low to the march 2024 high, the price action visually resembles five waves up. this is followed by a clean three-wave correction into august of 2024.
from the low in august of 2024, bitcoin appears to have formed a clean five-wave impulse to the upside and is now approaching a top. in theory, once this top is established, we should expect a three-wave corrective move to backtest the previous support. this support corresponds to the 2021/2024 highs and the previous accumulation zone.
hypothetically, backtesting the prior supply zone would likely liquidate many late long positions, providing a full sentiment reset. this reset could allow bitcoin to rebound with significant force, potentially reaching unprecedented levels.
my estimated upside target for q4 2025 is approximately $749,000.
✌️
ps. in my last bullish trade, i pulled at 9,000% trade on btc... and 42 alt trades, some of which ran as high as 22,000%.
view last bull post here:
Correction of Altcoins and the Crypto MarketConsidering that the total index and the altcoin index have reached a resistance level and are starting to correct, I expect them to correct to the specified level before resuming their upward movement. Given the overall market conditions, I anticipate that altcoin season will begin after Bitcoin reaches $150,000.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
BTC/EUR. Eyeballing across the €100'000 roofBitcoin robustly pumped to $100,000 and above for the first time on Wednesday, December 4, 2024 surging to a new record after President-elect Donald Trump unveiled administration picks seen as holding the keys to ushering in crypto-friendly policies when he takes office in January.
Chief among the picks is Paul Atkins, whom Trump intends to nominate to lead the Securities and Exchange Commission (SEC), which regulates cryptocurrency.
Atkins, know in social media as a crypto advocate and former SEC commissioner, is expected to regulate cryptocurrency with a lighter touch than Gary Gensler, who leads the commission under the Biden administration. Gensler, who aggressively fought the industry’s expansion in the US, is set to resign on Inauguration Day.
Bitcoin touched $100,000 just hours after Atkins was announced as Trump’s choice for SEC chair.
This is all right with the new milestone (counted in greenback), built on the stunning rally since Trump won the presidency throne on November 6, which fueled a $6,000 one-day spike in bitcoin that brought it to a new record above $74,000. A week later, it hit $90,000.
By the way.. The main technical graph for BTC/EUR COINBASE:BTCEUR says €100'000 milestone has not been passed through yet to this time.
While talks are talking, last exam is not passed yet. Macro data still stoke fears over a possible recession and the notion that the Federal Reserve could be too slow with cutting interest rates. Non-farm payroll added just 12K new places last month.
Fresh labor market data is on the radars on Friday, Dec 06 (+202K non-farm payroll forecasted).
Sure, there is "no guarantee", though.. until last exam is not passed yet.
In case of success only, we can talk about further growth towards 150 thousand euros.
A Look Again At RSI The RSI is beginning to print very bullish horizontal movement that is the print of a bull market
The left hand side of this pattern is already printed, with the white vertical line being the middle of the pattern, now what is emerging is the right hand side of this larger structural pattern on the RSI, also indicative of a bull market.
Early 2025 is going to be very bullish.
Little white circle is where we are now corresponding to the last pattern if they evolve relatively the same.
Crypto Total Market Cap (Excluding BTC) Weekly Chart Analysis
The chart reveals a multi-year symmetrical triangle pattern, with a decisive breakout above the resistance trendline. This signals a potential shift toward sustained bullish momentum.
The breakout aligns with increased market activity (volume not visible but inferred), indicating robust participation and validation of the upward move.
The price action is comfortably above the weekly 50 EMA (yellow line), acting as a dynamic support and confirming the strength of the bullish trend.
$1.39T (previous resistance now flipped into support).
Minimal resistance ahead until the psychological $2T zone, with the potential for all-time highs.
If the breakout holds, the measured move from the triangle's base suggests a target range of $2.5T—$3 T, marking substantial upside potential.
Continued consolidation or retest above $1.39T could trigger an extended altcoin rally, propelling the market to new highs.
Bearish Scenario:
Failure to sustain above $1.39T might lead to a retrace within the triangle, stalling bullish momentum.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Total Market Cap 2 and Total 3 + USDT.D Market WarningsIn this video, I briefly review the USDT.T bear market signals I covered in a recent video below.
But also noticing that Total 2, Total 3 and also the OTHERS are either hitting or very close to hitting their all time highs from the prior market cycle in 2021, which was the start of the Bear.
I do think we see more profit taking Monday afternoon into Tuesday through Thursday which is projected Dec 5th market cycle low from a cycles perspective.
Notice how the alts have been flying the last few days, and this weekend -- setting us up for major profit taking tomorrow and to fool all the new crypt tourists into buying the highs.
Protection capital here IMO and wait to buy back lower.
Let me know your thoughts, and please like the video if you found value.
- Brett
PS> My other Bear Market indicator fired today when I went out for Italian at my favorite local restuarant (sneaking in right at closing time as usual b/c I work 14 hour days)... and the bus-boy saw my Bitcoin hat -- and starting giving me crypto tips!
This is like the 'Taxi Cab' indicator of 1999, when the cabbie started giving me stock recommendations ... I had a feeling the top was in!
ATH For Ethereum...Due to the strong failure of suffering for 3 months!
In the first step, we encountered Fibonacci number 2, we had a little correction, and with its failure and the failure of number 3 and its strong upward movement, we can expect to reach the specified range or even hit the historical ceiling.
If you like it, follow us.
$TOTAL totally streched to upside; up or down?TOTAL is totally streched to upside; it is not only derivating but is also on a dangerous wedge, signaling a very possible drop (purple arrow down), at least to touch:
1- an important Fibonacci Circle (marked on red)
2- the support of TOTAL all-times-high (horizontal blue dotted line)
3- old May 2021 support of TOTAL all-times-high (horizontal pink dotted line)
4- ceiling of ghost channel from the last few months of downtrend (yellow channel)
5- volume weighted support line (black line)
6- possible touch on 200 EMA (green strong line)
You can see also that first pannel is about to show a crossing of RSI lines
Second pannel shows a red dot sell signal on Detonator B
Third pannel shows also a crossing down on Detonator C
MACD is losing strengh
We don´t know yet if the market still has bullets to go to the upside, showed by the thin purple arrow, but it is a possibility, as target coincides with very important (years back) trend line of resistence
Golden Cross having immediate bullish impact in parabolic cycle The next couple charts I post will simply be to lllustrate how the golden cross (orange line crossing above the blue line) immediately resulted in a very pivotal bullish pump that coincided with a major fulcrum point on the chart recently on multiple different charts. More times than not in the other market cycles, when a golden cross occurs it usually takes a few weeks afterwards to know whether that cross will have its desired outcome or instead end up being a fakeout but lately I’ve noticed multiple charts have seen an instantaneous pump on the exact day of the golden cross, which is making me think that once we enter the 2nd parabolic phase of a bull market that that is when you can anticipate a golden cross to have its immediate intended effect its suppose to have with much much higher probability than all the other market phases including even the 1st half of the bull market. Anyways I wanted to illustrate that hypothesis here with the Total chart as you can clearly see it’s a text book example, and I will try to also include another example where this occurred either in a follow up chart post or below if I can figure out how to get tradingview to let me post images of other charts below without making an entire new post for it. One major reason I want to illustrate this is because within the next 1-2 daily candle closes the Total2 (aka altcoin market) chart is going to have its golden cross and it is currently trying to confirm the breakout upward from a cp and handle pattern which is a huge fulcrum point for it. SO should the trend of instantaneous golden cross pump effects occurring the same daily candle as the cross itself, this could clue us into exactly when the real full on alt season will be about to kick off (which if correct, wll ignited by a BG pump within the next 1-3 daily candles). I will link the impending total2 golden cross chart below for you to reference and keep a eye on. *not financial advice*
Price action on the TOTAL chart now comfortably above the c&h Price action is now knocking on the door of 3 trillion for the total crypto market cap. We can see also that now that price action is reasonably above the rimline of this massive cup and handle pattern, and has also closed a weekly candle above it now as well, that we are likely to soon validate the breakout of this pattern and star climbing towards its breakout target of 4.6 trillion. I think Brad Garlinghouse was anticipating the total market cap nearing 5 trillion by end of 2024 and that target is not that far off. I will link some previous total market cap charts below so you can see other macro patterns we are also heading towards with an even higher target than this cup and handle. *Not financial advice*
Fasten your seatbelt to 10T$- Everything is in Graphic and simple ( bubbles and fibo ).
- Upper trendline from 2018.
- This double TOP in 2021 irritates abit but it won't change the future.
- how we go and when we go... i don't know.
- Cryptos are volatile and super fast.
- Where we go... i know.
- Around 10T$ MC.
- if u want to know why CRYPTOS are super fast, i have an easy answer :
- The new generation prefers watch a 30 seconds TikTok Video rather than Youtube 30 Minuts video ! ( think about it and compare to finance ).
- What i bet for the TOP of next bull run ?
- BTC around 4.5T$ MC. (45%MC)
- Altcoins around 5.5T$ MC. (55%MC)
Hodl!
Happy Tr4Ding !
Total Massive Pump or Massive Dump ? 🤔Hello Guys ❤️
Hope all of you are good.
As u see on my chart , Total is inside this stubborn channel for a long time , failed to break it out about 4 times in the last year.
Also we informed a pattern called Double top till now.
***Breaking out of this channel will be good for the market and we won't stop before achieving the target 1.60T but first we need to break the upper nick line at 1.26T
****if the double top pattern was correct and worked this will be very bad for BTC & the whole market and it will down at least to the lower nick line at 974B (The middle of the channel also) and if we broke it down will down to 690B or anywhere in the bottom of the channel.
Only take care and watch out this chart to know what will happen.
Next days will be very interesting to the market.
I hope for all of you big profits and happy life.
I am just sharing my thoughts with u.
It is not a financial idea and plz DYOR.
Crypto Total Market Cap targetsTotal I track since 2023. By my idea top of the market was in 2021 spring
I use my fib and mark green block zone for accumulation CRYPTOCAP:TOTAL
Now all money almost in BTC and we swept ath total.
Now is time to send it to two next levels, it's hard to say about timing but most likely top for btc and alt season will be spring - autumn 2025.
Around 5 Trillion conservative targets for capitalisation
Based on Trade on indicator you can track how it goes on W timeframe!
I use my custom indicator set for more factors in my analysis. April correction playing out good, same like summer 2022 bottom.
July and August we saw the buy back signals!
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Price action on the TOTAL chart now comfortably above the c&h Price action is now knocking on the door of 3 trillion for the total crypto market cap. We can see also that now that price action is reasonably above the rimline of this massive cup and handle pattern, and has also closed a weekly candle above it now as well, that we are likely to soon validate the breakout of this pattern and star climbing towards its breakout target of 4.6 trillion. I think Brad Garlinghouse was anticipating the total market cap nearing 5 trillion by end of 2024 and that target is not that far off. I will link some previous total market cap charts below so you can see other macro patterns we are also heading towards with an even higher target than this cup and handle. *Not financial advice*
Provides analysis of cryptocurrency market cap (CRYPTOCAP)The red line shows the 50-week moving average, which appears to be a crucial support level for the overall trend. Historically, the market cap has respected this moving average, with upward momentum when trading above it.
This area acts as a strong support level, as it has historically provided a solid foundation for price recovery. The total market cap has rebounded from this level several times, indicating buyer interest.
This is a crucial resistance level, as the market has reversed from this area before. If the total market cap approaches this area, selling pressure may occur.
The white diagonal line shows a long-term ascending trendline, suggesting a steady upward trend since 2018. This line further strengthens the overall bullish trend, as long as the total market cap stays above it.
Currently, the total market capitalization is testing the 2.728T level, which is close to recent highs, with a possible bounce if it breaks above the red resistance zone.
The overall outlook appears to be bullish, but it is essential to keep an eye on any significant moves around the resistance zone and the 50MA, as these will influence the long-term trend.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
TOTAL cryptocap chart about to complete the handle on its c&h We can see price action is breaking up fro a bullflag that has a target of 3.33 trillion. In doing so we should also validate the breakout of the cup and handle pattern which will give ita breakout target around 4.6 trillion or so. Price action is currently very close to retesting the green rimline of the cup and handle pattern and completing the handle. If we were to look at the daily, this pupcoincided precisely with the daily chart’s recent golden cross(not shown here) *not financial advice*