Total
TOTAL2 finding new range 🕋Greetings,
What is total2? TOTAL2 shows total market capitalization of the top-125 cryptocurrencies, excluding Bitcoin.
Both total & total2 are extremely important tickers on TradingView to use as analysis tools and general understanding supply and demand within the markets.
Another chart I like to use it when assessing TOTAL & TOTAL2 is the 1YR HODL chart. You can see with the picture below that the HODL Wave typically declines as BTC price increases; and rises when BTC price decreases. This could be used as as an indicator to time market entry/exit.
1YR HODL WAVE
Remember, nothing is guaranteed, control the controllables.
Mogues
TOTAL - One More CheckPoint To Go!Hello TradingView Family, this is Richard, as known as theSignalyst.
I usually keep an eye on TOTAL to get a feeling about the overall crypto market bias. Just like I keep an eye on DXY when it comes to Forex.
The bulls are clearly pushing the past 2 weeks , after rejecting our lower bound/brown trendline and green support.
Then the bulls took control from a short-term and medium-term perspectives by breaking above the last minor highs, the upper red trendline, and the upper orange trendline.
As mentioned in my previous posts many times, for the bulls to take over from a long-term perspective, we need a momentum Daily candle close above the last major high marked in gray.
" One More CheckPoint To Go!"
Interesting Times Indeed!
Always follow your trading plan regarding entry, risk management, and trade management.
Which scenario do you think is more likely to happen? and Why?
All Strategies Are Good; If Managed Properly!
~Rich
A clear Roadmap for crypto TOTAL market capHello my friends...
today i'm going to show you future roadmap for TOTAL chart.
as you see in chart, it broke downtrend and has been supported by our curve trend. now it has to hold triangle until breaks daily bear base and get full bullish. now it is fighting with Ichimoku leading span B and Ema200.
TOTAL Massive bullish wedge breakoutTOTAL has broken out of a contracting bullish wedge maintaining bullish market structure on the weekly HTF.
Price action has put in a new HH on the 3d chart with bullish divergences on the RSI having taken support on the MA and breaking out of downtrend on RSI and MACD showing signs of bullish momentum coming back into the market. MACD converging and showing an upcoming crossover.
Price has corrected into a weekly demand zone where its rejected the zone with buyer intension before creating bullish market structure and reversing.
Inline with USDT.D and USDC.D, the charts are looking great for a reversal here for the full market.
TOTAL MARKET CAP DAILY 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.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it is financial advice.
TOTAL MARKET CAP breakout this symmetrical triangle and it just ounce from 50ma support we are expecting a bounce from here up to 2.473T.
Let's 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
#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.
What do you think of this chart? Let me know in the comments section
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Thank you
#PEACE
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.
----
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.