TOTAL2 Bull Run ComparisonUsing this indicator called "parabolic glitter" similar points in both bear and bull runs can be identified
Just have labelled the sections 1,2,3
Total
Bears and cowsThe market is in this cycle
.
The market is improving and we can fall
.
If we consider that the price wants to fall, we should think about the level of 27 thousand. If we think about the climb, we should look at 70 thousand. This is a simple story.
TOTALI dont like say wow we are near the 0.618 level and market can come back to bullrun but i think few days we can wear green!
BTC daily chartthe chart shows every thing!
It is in the down trendline now
and what will do?
up or down?
I think up
What do you think?
Space reserve.Here's classic 86% down. I just know it happens.
It's not certain that the capitalization will take all 86% down, but it's still going to drop quite a bit.
Already we have the first daily candle opened reliably under the EMA200.
It's okay to have kids come in here and laugh.
I can only wish them to be brave motherfuckers and hold the long position like
an Austrian soldier chained to a machine gun pulling the trigger.
Crypto Market Cap totals - weekly lookLooking at the trend change in the crypto market cap totals.
Clearly dropped out of channel and is now testing mean kf larger trend channel.
Weekly Squeeze momentum indicator signaling additional downside / consolidation may be possible in coming weeks.
Watching confirmation of support / resistance flip of channle mean line around 2.4 T
TOTAL CRYPTO MARKET CAPscenario 2 . if total touch 2.55
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
btc .tota;.dominanceNo need to explain further. Everything is clear on the chart. Bitcoin, in my opinion, is declining on a weekly basis
We will have a bloodbath for the Altcoins ahead
⛸️ToTal W.A.R. Mighty Be The Right🎩Beware The Bone Crusher🛠 A 1
Lil' 🔹 Birdy
Inferred My Poetry
Anit (-zell) Great
That's Rich
Real
Rich
Best Leave Word
Smithery To The
Paid Professionals
🙄💜
Whatever 🐝🐝
Visuals Over Verbiage
Bottom 💲💵💰
Change Bee The
Only🧬Constant
TOTAL C4L VICTORY
Pluto 🛰️
Hndrxx 👩🏻🎤
d-MR96nBa
🎷
CRYPTOCAP:TOTAL
TOTAL - Keep An Eye on TOTAL!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.
From a long-term perspective , the WEEKLY chart on the right, we all agree that we are still overall bullish.
Technically we are trading inside that big brown channel, and we are currently in a correction phase after rejecting the upper bound / brown trendline and 3T round number.
From a medium-term perspective, the DAILY chart on the left, we had a classic higher high, followed by a lower high, and then a break of the previous low. A classic market structure pattern, known as Head&Shoulders.
After breaking below the head and shoulders neckline, marked in gray, the bears took over and TOTAL started trading inside the red channel, making lower highs and lower lows.
That being said, we know that we are overall bearish, but what are the possible scenarios?
Scenario 1: Projection in Purple
A movement till the lower bound / brown trendline and green support zone is expected before the bulls take over by breaking above the red channel.
Scenario 2: Projection in Blue
A sudden shift in momentum, by an aggressive movement from here to break above the gray zone again, invalidating the red channel, signaling that the bulls are taking full control again.
Which scenario do you think is more likely to happen? and Why?
All Strategies Are Good; If Managed Properly!
~Rich
#TOTAL CRYPTO MARKETCAP HEAD AND SHOULDERS#TOTAL CRYPTO MARKETCAP HEAD AND SHOULDERS
In case of breaking the neckline
The probability of decline is at least up to the range of 1.7 to 1.4 billion.
MARKET, COMMING BACK AGAIN ? :)Bitcoin could break out these essential resistant zones... Market has become bullish again and feels good!
*Total crypto marketcap index:
Don't jump into trade position without any pre-analysis.
-Thanks-
-Merry Christmas-
3 years of crypto bull marketIts 3 years ago BTC and the total crypto market cap bottomed out in dec 2018. Fast forward to december 2021 and we've rallied up almost 3000% during a massive bull run. For anyone out there looking for a blow off top or a full market reversal, I say be careful what you wish for and be thankful for what you have got.
Could we see new ATH's in 2022? Possibly although in my opinion a relief rally is would already be a gift to the bulls. The market is still pegged to Bitcoin and the market leader is looking far from healthy with bearish divergences all over the shop. Sure, we have a green day right now but haven't we seen them before in the last weeks and what happened just after we regained optimism? There's a new halving for BTC in 2024, just two years away from now and we have yet to see a significant correction as 2021 was mostly a sideways distribution for Bitcoin. With the stock market struggling for confidence and low liquidity during the holidays and a huge options expiration on dec 31st just around the corner, its is - in my opinion - time to be cautious. Thus, be careful what you wish for.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
BTC, ETH Weekly & Total Monthly Breakout Re-test - Hold the LineQuick look here - the vast majority of crypto charts are re-testing the top of a weekly breakout.
You can see this on BTC / USD, ETH / USD, ETH / BTC, and even smaller caps like HBAR / USD and HBAR / BTC (not pictured here).
Also, Total MC is re-testing the top of its monthly breakout.
BTC really needs to hold this line, as well as the 200 & 350 day MAs if we want to avoid further correction across the market.
Plotting the Future for the Altcoin MarketA continuation pattern of parabolas can be drawn
Leading to continual diminishing volatility
The first run was obvious the most bullish
The second (current) parabola will soon collapse into the next one, which I believe will reach an angle of 17° at peak
This is different to my other altcoin market analyses, it does seem more logical than the other, more bullish perspectives I have been throwing out..
For example below
ALTS MARKET CAP ANALYSIS 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.
The total market cap bounces from the support level or I think the price can pump from here up to 2T and MACD is making some similar pattern.
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
#PEACE
TOTAL (Crypto Market Cap) - Support, Resistance, Trendlines 2021TOTAL (Crypto Market Cap Index) - 2020 to 2021 - Daily Chart - Support, Resistance, Trendlines:
-Resistance Price Levels (colored horizontal lines above current price)
-Support Price Levels (colored horizontal lines below current price)
-Trendline Resistances (diagonal yellow line above current price)
-Trendline Supports (diagonal yellow line below current price)
UPDATE: TOTAL Still Falling / Be careful ! / H4My previous analysis on TOTAL was about bear flag.
Bear flag got broken by bears and they pushed the TOTAL down.
It got supported by bulls so I was thinking of Trading Range but LL formed 2 days ago.
So bear trend confirmation.
Now it breaks the highlighted support area and pullback.
1.86 is strongest support area so wait to see if TOTAL reaches this area or not.
Be careful on your crypto investments specially alt coins !
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
Moving toward 1.8 Trillion Breaking below 50 EMA daily the next support will be 50 EMA Weekly!
No long positions until we see an upswing!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
🚨 Bear Flag in TOTAL / 2nd leg down likely / H4About 25% sold off in TOTAL market cap so bearish momentum.
Strong legs usually have 2nd leg, so here we expect 2nd leg down to formed.
Key levels are marked up as trading zones.
As long as price is below 2.38-2.40 I see the general momentum bearish and look for lower prices.
If price keeps falling, lower support level 1.81-1.86 will be bears target.
Market is where we have so many possibilities so bull BO of this bull channel has 25% chance !
If bulls get out of channel and consolidate above the mentioned resistance ( 2.38-2.40 ), next target for bulls will be 2.65.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
TOTAL - Tells The Whole Story!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.
From a long-term perspective, the WEEKLY chart on the right, we all agree that we are still overall bullish.
Technically we are trading inside that big brown channel, and we are currently in a correction phase after rejecting the upper bound / brown trendline and 3T round number.
From a medium-term perspective, the DAILY chart on the left, we had a classic higher high, followed by a lower high, and then a break of the previous low. A classic market structure pattern, known as Head&Shoulders.
After breaking below the head and shoulders neckline, marked in gray, the bears took over and TOTAL started trading inside the red channel, making lower highs and lower lows.
That being said, we know that we are overall bearish, but what are the possible scenarios?
Scenario 1: Projection in Purple
A movement till the lower bound / brown trendline and green support zone is expected before the bulls take over by breaking above the red channel.
Scenario 2: Projection in Blue
A sudden shift in momentum, by an aggressive movement from here to break above the gray zone again, invalidating the red channel, signaling that the bulls are taking full control again.
Which scenario do you think is more likely to happen? and Why?
All Strategies Are Good; If Managed Properly!
~Rich
