#TOTAL MARKETCAP Brokeout.. Market about to explode?Welcome to this quick update, everyone.
The total market cap broke out of the falling wedge channel.
Every altcoin I bought when the total was on support is 20% to 30% up already.
The chart shows the possibility of a 100% rally in the market pushing the total market cap to almost $3.5 trillion.
We can also expect a big rally around the altcoin space and BTC as well.
This chart is giving us hints that BTC can break the $46k and eventually $53k resistance in the next few weeks opening the door to the possibility of a new ATH.
Will that happen? I don't know. Time will tell.
The index is trading above both the red and the blue MA as of now which shows the signs of reversal.
It was almost 50 days of accumulation at lower levels.
What we can see now is a beautiful retest.
A green weekly close confirms this scenario.
INVALIDATION:- Losing the lower trendline support and both the MAs daily will invalidate this chart.
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Total
Total Crypto Market cap ~So I'm starting to completely entertain the idea of the entire crypto ecosystem imploding on itself from around the current levels.
I don't know what is going to be the worldly cause of this, but I got this intuitive feeling that I really cannot ignore.
If I'm right about this, alts will take one of the biggest hits since December 4th 2021.
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I could also very well be wrong about this, so take my words with a total grain of salt.
TOTAL market cap TA: 22.3.16There are two scenarios for Total Market Cup.
Before any explanation, I believe that the floor of the ascending channel is very likely to be touched.
In the first scenario, there is a possibility of a downward movement and the bottom of the channel in the range of 1.435-1.495, and if the market supports, it can enter a short-term uptrend, in which Bitcoin can grow up to the range of 52,000. .
In the second scenario, political and economic events may occur in such a way that there is no support at the bottom of the bullish channel and the market enters a downward phase with a slow trend.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 16.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
TOTAL MARKET CAP (Y22.P1.E1). Macro reversal or continuation ?Hi All,
Looking at the crypto total market cap, we see a solid support on key fib level and if one is to look at the current formation, It could be a viewed as continuation pattern. However patterns expectantly triangles can be subjective.
What we have here is the following:
1) Wave 5 completed
2) ABC macro correction wave in progress.
C could be at the 100 weekly EMA (blue) or further down to the 200 weekly EMA.
3) Fib extensions that makes sense and
4) Daily candle sticks looking more bearish (2 day or weekly).
5) Note the major MA that are now above total price action, as resistance or downward pressure.
I'm looking at a few levels of interest and that consider with MA or fib extensions.
So lets see if a breakdown is imminent or likely, we then have levels to watch.
All the best,
S.SAri
THESE LEVELS CAN POTENTIALLY LINE UP WITH BTC
BITCOIN - Video Top-Down AnalysisHello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for BTC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!
All Strategies Are Good; If Managed Properly!
~Rich
Total Market cap technically still weakMarket cap keeps getting rejected by the 4H 200 ema, below the 21 weekly ema. Consolidating in a distorted descending triangle wedged in the volume profile gap.
RSI in a triangle, while CCI is more bearish below a descending trendline.
A breakdown of the triangle will shave off 500 billion from the market.
TOTAL CRYPTO LONG if falling wedge pattern is confirmedEverything shown on chart along with possible predictions depending on if falling wedge is confirmed or broken. From then on pay attention to the resistance and support levels shown on chart.
NOTE price must confirm falling wedge pattern and break above, out of it in order for TOTAL to be considered in an uptrend again. Full confidence that it will achieve this, however should it break below the falling wedge then there will be a MASSIVE DOUBLE TOP pattern confirmed and a bounce to $10000 would be likely.
TOTAL overall bullish.
Crypto TOTALGrayscale are distributing - www.coinglass.com
The SHORT will be invalidated if one of the situations occur:
- Crypto TOTAL breaks 2T with high volume
- BTC/USD breaks 52K
- Crypto News (Russia/Ukraine/Canada etc)
Strategy - We SHORT Blue Line in RED/SELL zone, we LONG Blue Line in GREEN/BUY zone. Currrently we are not there yet.
BTC/USDT currently is pushing price with poor volume = bearish until further notice.
TOTAL MARKET CAP DAILY 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 an
As we can see in the chart total market cap is making this symmetrical triangle pattern As as made earlier in June 2021.
If it bounces from here then we have 1.8 to 1.82 trillion level resistance or we have 21 as a local resistance.
Currently, it's lying on the downer support of the symmetrical triangle pattern in case we break out this pattern then we can drop up to 1.2 trillion level.
The global market also not looking good. FED meeting on 15th of march will impact the market we need to be very careful we may see volatility this week.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#TOTAL MARKETCAP on Support! BULLISH Rally ahead?Welcome to this extensive analysis of Total Marketcap.
If you are reading my updates for the first time, make sure you follow me if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Before I start explaining the chart I want you to take a note.
TA is not about predictions and prophecy! It's a simple technique (that most traders simply make more complex), to understand the moves of an operator of a particular asset and take your trade decisions accordingly. It helps to understand both bearish and bullish scenarios in a chart.
I am not here to predict anything, I speak about the facts I see in the chart, with no bias. You can have another opinion for the same chart.
So it completely depends on how you see it.
Remember my charts always have an expected move as per indicators and patterns along with some logic.
And I also have an invalidation point in all my charts with proper reasoning.
I could be wrong. That's how TA is done IMO! Do not expect much from anyone, no one really knows everything about the market.
If someone tells you he/she knows, either he's a God or a Liar.
Learning TA will help you to become a better trader. Not a fortune teller.
Now, let’s get to the chart.
The total mCap is currently sitting right o the support. Any break and close below this channel will result in a beginning of a more bearish rally across the market. A strong bounce will lead to a green quarter ending.
This is certainly a good spot to get into some spot positions with similar charts and bullish indications.
The risk is very low compared to the reward.
I will post some Altcoin setups soon.
Follow me for more.
CONCLUSION:-Total mcap is on support and needs some volume and bullish catalyst.
Invalidation:- Daily close below $1.46 trillion mcap
Note- DYOR before taking any trades, I am not a financial adviser.
What do you think of this chart?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
weekly analysis (TOTAL)📈📉
The conditions of total index and also other indices like ( total2 ,total3 & totaldefi )are not favorable Rightnow .
We see that the exponential moving averages have all been cross-under. And if we do not see crossover, they can
even fall to the lower support level and in the best conditions, Being in a Range Trading area for a while.
🛑resistance level: $1.97-2.08T /// descending trendline
❇️support levels: $1.6T - $1.7T///$1.65k- $1.85k///1.43T,1.2T & 1T /// descending trendline
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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TOTAL MARKET CAP 1 2HOURS 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 an
TOTAL market cap is making this higher low w pattern but it doesn't conform yet so we
have 1.844T level we are expecting a bounce from here up to 1.972T resistance level.
so, let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
BTC - Video Top-Down Analysis - Update!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for BTC .
Previous Analysis:
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!
All Strategies Are Good; If Managed Properly!
~Rich
TOTAL MARKET CAP 12 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart TOAL has rejected from this big channel upper resistance level now it bounces from this green line support. we have some local resistance as 21 ma.
let's see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#TOTAL MARKETCAP! Breakout imminent? BULL MARKET NOT OVER YET?Welcome to this extensive analysis on BTC Dominance.
If you are reading my updates for the first time , make sure you follow em if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
The index is currently retesting the BLUE MA which is bullish in the short term for both btc and altcoins.
What's really important is a close above that back expanding channel.
Breakout and retest would confirm a new bullish rally throughout the market and possibly a new ATH in BTC. For that to happen it needs to close above the $1.92 trillion mark and retest it successfully.
CONCLUSION:- Mcap must break and close above the red resistance cluster and retest it successfully for a new bullish rally. The expanding channel is a bullish pattern all we need is a breakout and retest.
What do you thunk of this chart?
Do share your views the comment section and so not forget to hit the like button.
Thank you
#PEACE