A rounded formation TOTAL2Rounded formation
These can turn very bullish once completed
Short term it looks bearish, however this is good in the long run.
Giant Bullflag
Strange times
Total
Furthering my giant Bullflag ArgumentUsing the alligator indicator we can see that lips jaw and teeth are 'sleeping'
Last time this was seen it left a trail of bulls footprints
Keen to see how this ages
TOTAl MARKET CAP (Y20.P3.E1).A quick look at the marketsHi All,
It is good to look at the general markets to gauge the whole picture as to what's going on for Crypto is not immune to global pressures, the black swan effect proved that.
BTC or crypto is getting there or we would like it to get there but that might be another 10 years away where it can stand on its own.
The above chart is interesting, which basically totals up the whole crypto $$ and this to shows how money in brought in to the eco system.
What can we take from this and the other markets, here is my summary.
a) The total market cap is approaching a key resistance as per chart and it won't surprise me at the first touch, that we have a small BTC pullback, if not now with the reattempt of 12500 or after that 12800 which might hit the
b) The SP500 and NASDAQ chart shows that the stock market is still with upward pressure which is good news for BTC or crypto;
c) GOLD just did a bounce and will soon likely to break up for more gains;
All in all, everything looks good with upward pressure, maybe too good.?
Reuters >
Market sentiments at "It's no longer a "bear market rally" - BofA survey"
The long gold trade was the second most crowded, with a net 31% saying the metal was "overvalued", the most since 2011 after no participants said they considered it to be so last month. Gold XAU= rose above $2000 an ounce for the first time earlier this month.
As global equities near record highs again, strategists told Reuters that the quickfire bear-to-bull switch was not only justified but deserves to go further..
*** This is when the market will cash in some big profits, soon.
CRYPTO Total Market Cap CHART, Weekly:
Weekly indicators still have upward momentum however with the Phoeix, we can see energy starting to slope downwards and with its black dot, indicating caution.
The green and red RSI on the Phoeix is still bullish territory. This weeks candle closer will tell us if we are going to have a reversal or if we are going to have new highs.
MACD weekly signals are wide apart showing bullish market still.
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SP500 CHART
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NAS 100 CHART
MY BTC Macro hypothesis for now
Total Market.cap ready to go UP!!!Interesting RSI going down but OBV consolidation and holding it support!!!
BTC/USD (Bearish Double Top?)BTC/USD
-Bitcoin is about to confirm a Bearish Double Top reversal
-The price is starting to break the upward trendline support
-If the next candle will close below the key trendline
-It is likely to confirm this reversal pattern
-The downside target below is 10900-10700 range
-We can see multiple bearish signs on BTC
-RSI divergence, Strong sell volume & Trendline break
-Please use proper stop loss during this time
-Do not go all-in
Simple Analyse (TOTAL) : Haussier ou Baissier ?Le marché fait une petite tendance baissière depuis quelques jours, peut être juste un retour dans sa phase de range en allant toucher les 29.400 ou il va enfin casser sa résistance oblique qui l'accompagne depuis un bon bout et atteindre les 38.200. Restons attentif en tous cas.
Suivez moi pour des analyses simples et pertinentes.
Total, all cryptos are bullishBroke out of a triangle with a retest and in an ascending channel, measured move is 373 billion. 18 billion will be injected into crypto. 60% in BTC or about 10.8 billion, which should send BTC $500 dollars up from current price of 11.9k, roughly.
TOTAL2 And TOTAL BullflagsPrinting Bullflags
TOTAl's bullflag looks a bit different to TOTAL2's
Ascending a bit more.
Daily chart.
Why Did You Not Buy Cryptocurrency?My favorite chart, the 2 week!
Cryptocurrency has been on the move and this 2 week chart shows you the breakout pattern retest, now we are running with good capital coming into the market. Custom candles and ema dots all been green since re test.
2020 has been a very good year to accumulate crypto and it's not too late!
It's just beginning. Hodl strong
Total Crypto Market Cap vs a Kilogram of SilverBig Pennant Forming... Will we break out?
So many people are bullish on metals... will they ignore other opportunities presented to them?
Or will total crypto market cap crash hard and fast in favor of 'real' assets?
Manage your own risk
Much Love
GL HF
xoxo
Snoop
Eve And AdamEve and Adam trading pattern
Eve can be seen to be more rounded in appearance
While Adam can be seen to be a sharper dip
I believe this is a bullish reversal pattern.
TOTAL2 Bull daysBreak of 2/1 Gann line from the downtrend
Can be seen from the previous downtrend in the early days of the alt coin market that a break above (2/1) turned out to be bullish continuation.
Looks really good
This is where i think of opening a leveraged position, or is that just me being greedy?
Bitcoin is ready to start! 10-14K soon Estimation of the mid-term perspectives for crypto market.
1. Currently located at the strong resistance level and local sell off already happened. Market corrected for more than 20% and 10% was bought back in the first day.
2. According to the cycles seller still has a chance in current phase to continue correctional move to the south by 20th-24th of May.
3. Open interest barely bounced from the bottom. Not many players want to trade BTC in such conditions.
4. Fear index is situated in the extreme zone of fear even while we had a rally to 10k.
From all said above we can conclude that we can continue correctional move, but it will not be deep and will fit to our correctional plan. Mid-term targets for BTC and the whole market are 10-14k for main crypto asset.
