Total
TOTAL2 Cup and Handle ideaAn idea showing a cup and handle comparison with one we have already seen on the way up during this bullrun
Last time at this stage a bullish, very bullish move was experienced, will it play out like before?
Very different price action but I still consider both Cup and Handle
10% decline looks imminent ..!It looks like the Crypto market has run out of steam and a Flash crash is about to happen..!
It is already 10% below the 2.743 Trillion, but another 10%-15% decline is closer than what you think!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.
2.5-2.4 trillion is a critical level..!In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days!
Multi-Timeframe Analysis:
Hourly Chart: downward channel (Bearish)
Daily Chart: Upward regression channel (Bullish)
Weekly Chart: failure to close above resistance Zone! (Neutral)
Monthly Chart: failure to close above resistance Zone! (Neutral)
Conclusion:
Neutral to Bearish is the most probable scenario for the short term!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.
Macro analysis of the relationship btw Cryptocurrency mcap & DXYAs we can see in the chart above, DXY has reverse correlation to the Total market cap of Cryptocurrencies. The lower the DXY, The more money injected to Crypto.
DXY is in a critical level. If Dollar gains strength, That wouldn't be good sign for Crypto. But in my personal opinion, I think Dollar will lose strength from here.
Simply because of rapid money printing by the FED and the expected debt limit increase.
Total 2, Why don't Altcoins move?!Hello my friend. This is the reason why Altcoins do not grow behind Bitcoin movement trend. The Total 2 is crypto market cap exclude BTC and now under major resistance. After break the resistance, they will grow very very well. You can consider it. Good luck.
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TOTAL market cap OBV divergence ridiculously bullish (4H)Quick post looking for supporting trends on other indexes. TOTAL marker cap OBV divergence on the 4H is ridiculously bullish. This is supported, (but less extreme) in the higher time frames (D, W) which are more reliable. but suggests lots of money recently entering the market and staying in. Hopefully this cup and handle formation holds above resistance the money stays in and we see confirmation of the push up and the next leg of the bull run many are hoping for
(the only problem with recent money is that it can exit just as quickly, but this is promising)
TOTAL around 2.5 trillionThe total marketcap of crypto is reached the major resistance of $2.5 trillion. This is the point from where the market crashed last time. If the total marketcap breaks and hold above $2.5 trillion then we will see a good rally in crypto market. Also BTC is near the all-time high and we will see good momentum after BTC cross $65,000.
Crypto total market cap sell signalsContrary to popular opinion the total crypto market cap looks like it wants to correct, on the weekly scale. The RSI, MACD, DIOSC, Volume Weighted MACD and CMF are all signalling a sell on the weekly. A lower number of sell indicators called the top at BTC $65k, which resulted in a 56% total crypto market cap correction. In addition, there is a strong bearish divergence on the RSI (which is even worse on the monthly). Volume on this pump is also low. The conspiracy theorist in me suspects that this latest pump is a fake out rally and that the incoming futures-based ETF may be a topping signal for the whole crypto market cap. A futures-based ETF may allow large corporations who do not like BTC and governments to short the price down significantly. I am not outright bearish here, just very cautiously optimistic on a potential BTC breakout to a new ATH. Be careful with your longs and watch your leverage.
CRYPTOCAP:TOTAL
TOTAL updateUpdate on TOTAL after following our channel over the last couple of weeks and coming to our fib resistance point. I feel we will reject or just barely come above that fib before a retrace back to allow our 200 moving average to remain sideways and up.
As always these are only ideas and not guarantees. Please only use this as opinion and do not base your trades or finances upon this analysis. Simply looking at trends and where we may be at in terms of corrections.
Good luck
TOTAL | H4 | Technical Analysis📈In the Crypto, (TOTAL MARKET CAP) the next Rally Fall begins, this fall may last longer than the Fall in September. As you can see, the chart has swelled to a certain extent and has been steadily rising, and this rise went down in Momentum in September, and rose again to test the resistance of this rise. It's just that there are certain regions here, and as long as this decline continues, these regions will determine the direction.
📊So, the share value of the total crypto exchange is currently $ 2,324 trillion. The decline here will be at least $ 2,035 (12.35%) trillion dollars. If there is no strong support at $ 2,035, then the share price will fall to $ 1,950 trillion.
❗️ Long story short, you can't expect any Coin to rise in October, so if you bought any Coin, I recommend you sell it.
₿ TOTAL 1D ₿ : 11.Oct.2021 (Update)Well, as we see, the TOTAL index (market cap of the entire crypto market) has reached a very important resistance range, and if it does not succeed in breaking this range, the probability of crashing the market is very high ... But if this important X-Point level will brakes , Bitcoin and, by nature, the entire crypto market will grow well . and we will see new ATH for BITCOIN and Other Cryptoes ...
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 11.Oct.2021
⚠️(DYOR)
Cryptocurrency Market, important support and resistance levels!In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days!
CRYPTOCAP:TOTAL
BITMEX:XBT
BITSTAMP:ETHUSD
KRAKEN:ADAUSD
FTX:XRPUSD
FTX:SOLUSD
FTX:LINKUSD
FTX:DOGEUSD
KRAKEN:DOTUSD
COINBASE:ALGOUSD
COINBASE:ATOMUSD
I believe it will be a tough week for those who have open long positions in the cryptocurrency market..!
Best
Moshkelgosha,
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.