#TOTAL2 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
A very good position for ALTS!!
Total2 still holds support and is testing the previous resistance trendline and the altcoin may pump
If it is broken and closed downside from the support level then the chart will be invalid.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Total
Crypto Market Cap bounced off a double support❗️💎On April 30, TOTAL2 had reached and rejected two technical indicators at 966.832B. The first is an 8/1 Gann Fan trendline and the second is a 0% Fibonacci level. We applied the Fibonacci so that 50% is placed right at the ascending channel breakout point. This way, Fibs show that after the breakout, the price has dropped the same distance as the width of the channel.
💎After the bounce, TOTAL2 retraced up, but failed to break a simple downtrend trendline. For the time being, we are likely to witness a short-term consolidation, between the strong psychological resistance near 1.0T and technical support at 946B.
💎Bears remain in control as long as........
ALTS MARKET CAP 12 HOURS UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome.
TOTAL 2 UPDATES:
total 2 is making this big EXPENDING channel pattern, currently, it looks like it is going to retest the lower support.
we can bounce from the lower support of this channel so let's see how it goes.
RSI is showing some bearish divergence move.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Total Market Cap: At A Crossroads As we head into next week, markets have been heavily bracing for the FEDs Rate Hike on May 3rd or 4th . War is escalating in Ukraine, World Food Supplies are in disarray, Inflation is still at historical levels, Energy is soaring, and Supply Chains continue to struggle.
There are so many Macro challenges building up that simply put, they can't be ignored; No matter how irrational the market wants to be.
I truly feel greed has taken over and most investing has become gambling (Warren Buffet recently said this). Especially in the Crypto space.
Who buys because they believe in the Utility of the coin and who buys simply to flip it for profit?
Its become a side hustle ever since the First Top in May 2021. Euphoria hit all markets from the 2020 BOOM and everything exploded. When ALL things go UP, this is rather unusual.
Usually, especially historically, these characteristics would align with this mystical "Blow off the top" but you know it's never enough.
We even have seen a second round of a bullish wave in July 2021, shortly after the original drop in May.
But again, it simply was not enough.
With every pump and dump, everyone wants more and more.
Profits, profits, profits. Leverage, leverage, leverage.
Even in the face of the absolute worst Economic/World conditions we have seen in MOST of our lifetime!
Investing has turned into legitimate degenerate gambling between Stock Options and ALT Coins , and the market will correct as far as it needs to in order to cleanse this mentality.
Back in 2020 when the MEME stocks first took off and retail flooded the market like never before in history, that was the first signal of a Cyclical Top coming in. If everyone is already flooded in, where does this extra money come from? These Cycles take a very long time to play out and to this day no one wants to even consider it.
There are two paths forward for this next week:
Scenario #1: Markets absorb this 0.50% or 0.75% Rate Hike and bounces
Scenario #2: Markets can't sustain the hike and loses all major supports.
Both Stocks and Crypto are laying on critical support; I am leaning 60 / 40 odds in favor of Scenario #2.
Let me know what you guys think!
#TOTAL MCAP, Did you observe the breakout on this indicator?The total market cap is on support and holding for the last one week.
This is a decisive moment. You gotta be careful here.
As long as the support holds am bullish on it.
Also, do you see those breakouts on the RSI? Also holding the lower BB support.
The indicator is far pointing towards an upcoming bullish move in the entire market.
INVALIDATION:- Break and close below this channel.
Do hit the like button if you like my ideas and share your views in the comment section.
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#PEACE
This isn't looking good...Hey Traders,
As we can see on the weekly candle closes of the total market cap of cryptocurrency. The market cap price action has formed an eerie Head and Shoulders. Additionally connecting the two peaks, shows the RSI hasn't made a higher high indicating the bulls are weak. This is worrying...
Safe Trading,
-Pulkanator
Altcoins bottomed or expect another drop❓💎Today we will look at the TOTAL3 price action. TOTAL3 is a crypto market cap excluding the Bitcoin and Ethereum capitalization, which is providing the perspective for the Altcoin potential.
💎Back on February 24, TOTAL3 formed a double bottom at 600B, which is strong psychological support. Since then we can observe the price action within the ascending channel. Yesterday TOTAL3 tested and bounced off the bottom of the channel.
💎The low has been printed at 661B, and this might be critical .......
TOTAL MARKET CAP 12 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome.
TOTAL 2 UPDATES:
total 2 is making this big ascending channel pattern, currently, it is making this falling wedge pattern inside the channel.
we bounced from the lower support of this channel but we need to break out this falling wedge pattern let's see how it goes.
RSI is showing some bullish divergence move.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
TOTAL MARKET CAP 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this TOTAL MARKET CAP 1 DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can see from the above-mentioned chart that TOTAL MARKET CAP broke the triangle pattern and retested the upper trend line.
After a successful retest, it moved upside which is the indication of a bull rally in the market in the upcoming weeks.
If it broke the green zone this chart will be invalidated but if it moves upside or is able to sustain this green SUPPORT line then the bull rally will continue.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
TOTAL MARKET CAP 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this TOTAL MARKET CAP 1 DAY chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can see at the above-mentioned chart that TOTAL MARKET CAP broke the triangle pattern and retested the upper trend line.
After a successful retest, it moved upside which is the indication of a bull rally in the market in the upcoming weeks.
If it broke the blue MA this chart will be invalidated but if it moves upside or is able to sustain this MA SUPPORT line then the bull rally will continue.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Crypto Market Cap. Short-term Bullish (RENKO, 3LB & Candles)We have some bullish signals showing up on the short-term chart for the TOTAL index.
RENKO buy signal:
3-Line-Break early bullish signal after higher low:
Candlesticks moving above EMA21 and EMA10.
These signals are not present on the higher timeframes.
Hopefully we will have a bounce before any additional bearish action.
Namaste.
*WHOLE MARKET ON YOUR EYE! @_@This bullish scenario is expected while I see some essential factors supporting it!
-----------------------------
1. DXY ( Dollar Currency Index )
Seems it has completed the wave (5) while has touched the recent resistance area in weekly time frame.
( DXY downtrend = Market uptrend )
-----------------------------
2. TOTAL
Based on the price action method, Total has made an invalidated LL and converted the whole trend from downtrend to uptrend! And now is on a powerful demand area.
-----------------------------
3. BTCDOWN
BTCDOWN has been involved with an empowered supply zone.
( BTCDOWN downtrend = Market uptrend )
-----------------------------
-Thanks-
#TOTAL closed above this EMA! Bullish Rally ahead? Total mcap broke out on March 22nd, 2022, and is currently retesting the resistance turned support trendline.
As per this chart TOTAL, MCAP is likely to rally from here.
As per fractals, 200D EMA has been an important indicator for short bull rallies throughout the market.
The index closed right above the EMA.
There's a lot of FUD in the market which logically shows signs of opportunities in the market.
$1.8 Trillion happens to be a very important support level for the index to hold on 2D and weekly charts.
Conclusion:- Total mcap has retested after the breakout and bouncing from the 200D EMA. Increases the possibility of a bullish rally for the next few weeks.
Invalidation:- Only if it breaks and closes below the Channel.
If you find this chart interesting, do hit the like button and share your views in the comment section.
Thank you
#PEACE
TOTAL (Crypto Market Cap) - Bullish Double Bottom at Support 4HRTOTAL (Crypto Market Cap) has double-bottomed above 1.8T trendline support
If support prices hold strong, an industry-wide bullish crypto rally could occur.
-Bullish Targets to the upside are 1.92T, 1.96T, 2.0T.
-Chart setup would be cancelled if the index price falls and holds below 1.79T.
Utilize stop loss, position sizing, risk management.
Note: Crypto has short-term correlations with the USA stock market & tech stocks. Support prices need to hold strong, and bullish continuation is needed to sustain a bull rally.
All content is Not financial advice. Trade at your own risk.
TOTAL MARKET CAP 3 DAYS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
TOTAL UPDATE
TOTAL MCAP has reached its important support range.
We might see a few % down from here but eventually, a bounce is inevitable.
Also, most of my alt positions have been stopped with decent losses and a few with major losses.
I'll take those as a lesson.
Not rushing to get into any positions.
So basically we need to look into three assets and indexes here, BTC USDT.D and TOTAL
Better to wait for that green candle.
Let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#TOTALMCAP Retest is almost completed. Important MA Support hereTOTAL MCAP has reached its important support range.
We might see a few % down from here but eventually, a bounce is inevitable.
Also, most of my alt positions have been stopped with decent losses and a few with major losses.
I'll take those as a lesson.
Not rushing to get into any positions.
So basically we need to look into three assets and indexes here, BTC USDT.D and TOTAL
Better to wait for that green candle.
DYOR
Do hit the like button if you like these quick updates and share your views in the comment section.
Thank you
#PEACE
What If USDT.D back to Up trend ?🟢USDT.D
📊 Daily
✍USDT Dominance Update:
WHAT IF????
What if USDT.D bounces back towards the upper trendline? It will be an 18% gain which will be bad for BTC and other altcoins in a higher timeframe.
Note: This is a daily chart, a higher timeframe where the market will fluctuate several times on lower time frames. This means we can do scalping on various altcoins.
So be ready.
⚠DYOR
✍ Analyzed by Hossein
📊04.10.2022