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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. "
by bearofwallst
2
market cap may collapse and correct today between 19 to 21 UTCwe have some inflows coming and BTC rallied quite a lot I expect some correction soon and correction up at this time just my notes lets see what will happen but if market goes down I will start to look for trades at this time frame if it goes up a lot short if goes down al lot long will update later I give around 80% probability becausse its fib time extension levels which come together from 3 big trends something should happen at these 2 hours
CRYPTOCAP:TOTAL2
by dzoniijcrypto
1
Crypto total market cap has bounced off its 200 day MA/EMA bandsThe Crypto Total market cap chart has bounced off both its 200 day simple and exponential moving averages. Cryptos in general have their work cut out as there are some significant areas of resistance up front. Also interesting to note that the daily chart has printed a daily RSI divergence which is generally a bullish development. Volatility likely to persist whilst regulations continues to grip this asset class but as things stand i think we are seeing quite constructive action for more upside. Trade safe and remember to always make use of stop losses if you are using leveraged positions :)
CRYPTOCAP:TOTALLong
by MarcoOlevano
A Trillion dollar washout…Total cryptocurrency market: -39% Bitcoin: -43% Total cryptocurrency market excluding Bitcoin:-41% CRYPTOCAP:ETH These numbers show, whole cryptocurrency market is in deep trouble. I believe cryptocurrency market need more than a trillion dollars to gets back to its previous levels! The most probable case is more than 95% of +4000 cryptocurrencies out there will become worthless (zero in value) in the next 3 to 5 years less than 1% will survive the next 10 years! Don’t forget as soon as prices getting a little higher there will be many people ready to cut their loss or exit offset! Currently I’m searching to find the next bubble! What could be the next? Those who find the answer, will be the winners of the next decade..!
CRYPTOCAP:TOTALShort
by Moshkelgosha
8
TOTAL Crypto Market finding support and resistance 1.5 to 1.7T The TOTAL crycpto market cap has been in this 1.5 to 1.7T range before and has shown these lines to be both support and resistance. The big question is the market cap going to find support at 1.7T and then head upwards, or will it find resistance at 1.5T and head downwards. This is a neutral post as I am unsure at the moment, but trying to see where the total crypto market takes support or resistance is a good starting point for me. Best of luck out there. John
CRYPTOCAP:TOTAL
by JackedBird
$TOTAL Crypto Total Market Cap chart - up or down?Amongst all the news flow driving these cryptocurrency markets in the last week which seems to be creating a lot of FUD amongst the community, I thought it would be prudent to set aside the noise and look at the total market capitalization chart to try and identify what is happening behind the scenes in the crypto world. From this chart you can see the chart has broken down from a Head & Shoulders formation which projects a target at approximately 1.8 trillion dollars. For now the market has bounced off the uptrend support line which has been in play since the start of the year largely on the back of the tweet from Elon Musk this morning where he informed us that Tesla has not sold any more bitcoin. Is this bounce sustainable or will we still proceed to meet the head & Shoulders target down at 1.8 trillion? If we do get this low I would expect a bounce but the bulls will then have a mighty battle on their hands as the uptrend support would have given way. For now, I will be closely watching if we manage to re-test the neckline of the Head & Shoulders formation and will observe how price reacts at the 2.12 trillion dollar level. If price rejects at the neckline (2.12 trillion) and starts to retreat then we could argue that the market will most likely move lower to complete the Head & Shoulders price objective at 1.8 trillion. Alternatively, if the price manages to reclaim and invalidate the Head & Shoulders formation, then I would see that as extremely bullish development for crypto markets in general and we should proceed to new highs. As always, anything can happen and we will just need to wait and see what the market wants to do before making our next move. Hope you enjoyed this analysis!
CRYPTOCAP:TOTAL
by MarcoOlevano
1