Total
Hodling my Bullish stance - MCAPOn the daily for TOTAL2 we can see a falling wedge forming and nearly complete, after bouncing off the 200MA
While the MACD is showing signs of a double bottom also
On a larger perspective (right) I have plotted the curves that are relevant to the market and two points that are very comparable
We are experiencing a pullback within a bull market
Hodl
OTHERS MCAP, Emphasis on June 2022Many of my charts are suggesting a June 2022 end to the bull market
Similar price points can be seen at .618 and 1.618
The curved pattern is pretty cool to observe, I wonder if it will continue further upwards
We are currently in the green circle, a pullback after a bull run, preparing us for the bigger second phase bull run, which is plotted after the green circle
This chart above also suggest June 2022
Mess with the Bull.. you know the restThe TOTAL crypto market cap is consolidating above the 1.618 Fibonacci level, assuming the trendline i have drawn is the strongest possible. This is a dip, and should be treated like one, calmly and bought up ASAP.
You can also see on the Gaussian Channel indicator the bear market stretches were similar in time sense both being around ~280 days.
We have a lot more coming, believe.
Total Crypto Market Cap (Bear/Bull)Tomorrow is the real direction of the market. From 24 May to 10 June we are still in the accumulation zone. The triangle pattern will end soon, if the close candle is above the triangle, then enter the market immediately because the bullish signal has started. But if the candle close tomorrow is below the triangle, then that means a bearish signal, leave the market immediately and prepare for a crypto storm.
$TOTAL Crypto total market cap analysis 6 June 21After breaking down from the strong rising channel that was in place since the beginning of the year, the total crypto market cap chart found support between the 200day sma & ema. After an aggressive bounce off the lows we have now seen price consolidate in a sideways fashion for the last 3 weeks with the possibility of a triple top formation in play. These sideways consolidations after a strong move down are normally continuation patterns, so at this stage I would lean in favour of crypto assets having another leg down to test the 1.026 trillion mark. This means it is possible to see another +-500mil of market cap wiped off the asset class to reach the target which would also be between the 360 day ema & sma. Of course, if we manage to close above this triple top resistance then I would be quite happy to change my view and favour further upside in the crypto space.
As always let price guide you, but this is my initial thoughts from where we stand given the fact that we have made 3 equal tops and failed to breakout higher.
BTC Breaking out of Symmetrical Triangle PT $49kBTC is breaking out of the symmetrical triangle rn on a 4H chart. Volume seems to be picking up and looks good for an upside target to $49k.
On the back of the Google News which is extremely significant - considering the ban went into effect in 2018 and was a key catalyst to the 2017 bull market, this could help catalyze a new uptrend and is coming out at a key moment.
ALTCOINS Following Fractal from Previous Dump IdenticallyThis is bullish for a re-gearing of the crypto market back onto bullish trajectories. This 51% selloff in BTC and larger selloff in alts is following this fractal pattern beautifully - Expect some days to be choppy, but all in all, up and to the right.
As you can see we're about to have a bullish cross on the Daily MACDs and we are testing resistance on the Daily EMA ribbons.
We just had a bullish cross on the 4H EMA 20 coming above the EMA 55. The 1H EMAs are all bullish now. Crypto is staging its next assault.
Which is why you should be stocking up on the MOST fundamentally sound projects with near-term catalyst like DOT. DOT is my favorite token at this moment. Please see my analysis here on recent happenings in DOT and its ecosystem:
BTCUSDT Pattern June 1A double bottom is happening on BTCUSDT chart, It is not completed yet
Also we can see a triangle, If price breaks through the top line of the triangle then we can see also that double bottom pattern is working.
When BTC wants to break some price level, it breaks it in fast movement
You can see the targets on chart
Also:
- A double bottom is happening in Total Market Cap
- A double Top is happening in USDT Dominance
None of them are completed yet but I think it will.
" I can see a big head and shoulders too but I think it does not happen, Not now with the fact we have, Not if the supports are not lost. "
TOTAL: Next Stop: $800 BillionTOTAL is faltering at resistance and appears to have completed a B wave retracement. 1:1 Fibonacci projection finds confluence with the next step down of support in the $800B area. Trend-Based Fib Time taken from the 3 pivots projects C wave completion late June. See you there.