GLMRUSDT → Activation of the bullish pattern realization phase BINANCE:GLMRUSDT is lagging behind the overall growth of capitalization and altcoins. The coin is starting to show good potential and strong bullish dynamics. If bullish potential emerges, the coin will start to catch up quite actively with the increased market.
While the captalization and prices of many key altcoins have flown many % up, GLMR is now starting to show patterns and bullish momentum, which is a good signal for potentially big upside.
On d1, price is breaking the resistance of the descending channel and forming an ascending triangle, whose resistance is also already broken. Our task is to wait for the price to consolidate above the resistance zone and the emergence of a set-up for opening long positions.
Potential targets: 0.42, 0.44, 0.5.
Moving averages form a great signal for a bullish trend change.
Support levels: 0.2950, 0.2680
Resistance levels: 0.335, 0.400, 0.42, 0.5.
I expect consolidation above the previously broken resistance area, after which the bulls may start pushing the price up
CRYPTOCAP:TOTAL COINBASE:BTCUSD
Regards R. Linda!
Total
biggest CRASH in the world history The dollar is dying
You probably hear it all day long. The government is printing more money…
Congress is raising the debt ceiling…
The dollar is no longer backed by gold… or anything.
These are some of the reasons Robert Kiyosaki says the dollar is dying.
Like Robert Kiyosaki says…
“Wake up you guys. If you're saving US dollars, you're like the skipper on the titanic. You know they're going to have to print more and more and more and more all the time… This makes savers the biggest losers on planet earth.”
But here is what is fascinating… I know you will agree.
As the dollar gets weaker and weaker, Bitcoin and cryptocurrencies are getting stronger and stronger.
I’m going to say that again because it is so important. As the dollar gets weaker and weaker, Bitcoin and cryptocurrencies are getting stronger and stronger.
The giant hedge funds and investing firms are slowing their purchase of dollars and U.S. bonds...
They are now using their profits to buy cryptocurrencies.
The Wallstreet Journal reports that mainstream hedge funds are pouring BILLIONS of dollars into crypto. They go on to say that world famous traders including Alan Howard and Paul Tudor Jones are said to be increasing their trading in cryptocurrencies.
I can tell you firsthand that Robert Kiyosaki is.
You know what that tells you, of course. We all see it. If all the major players are getting in on cryptocurrencies, you’d better too.
TOTAL M TFFor dear Bear friends. Crypto will return to Bear market only if it will close below that Blue box.
Any correction until that Blue Box is OK for Bull continuation.
Above is the level 1.492T which is important to break to go higher.
It is Monthly chart, so if Total will keep its consolidation above blue box, then in few months we may see a good Bull Run
SUPREME TEST FOR CRYPTO MARKET!I am posting this #Chart for those who are too #BULLISH in the #Crypto market now!
1. Below I attach a Weekly chart on TOTAL.
I'm not going to explain what #TOTAL means, I recommend a research.
2.As you can see, this macro trend was broken and now the price has reached the retesting area of the trend line, which has now become a resistance + monthly resistance and the 0.5 fib level.
3.So here it becomes the ultimate test for the crypto market.
It is necessary for both resistances to be broken and confirmed so that breaking the trend line is actually a fakeout on a monthly basis.
4.A rejection from this point would mean less liquidity in the market and obvious corrections to measure.
I don't want to scare anyone, I'm not bearish, I'm simply following the evolution and price action.
Valuating BTC $461,265 & ETH $38,869 in 2024-25 (USD MODEL)
People pricing the market based on "Market Cap" on a new asset class that cannot be valued properly by a "Market Cap" need to check their models, I'm even more convinced something big will happen in 2024 as most Twitter comments (I've read thousands) are waiting for a 2025 (bull market) and think its completely out of the possibilities for the prices I have mentioned.
Cboe and institutions have expressed interest in Ethereum, and it's the only reason why I gave it a second look, even though I think the Ethereum Foundation is clueless. They're not going to be in control of Ethereum once they step in. My theory here is they don't want to pay to recreate a 'blockchain community'; they want to simply outright purchase Ethereum while it's cheap.
The current USDT market cap serves as a great proxy for assessing how much money can move the market. USDT is unique in that it's the only asset to which you can apply a proxy market cap, given its $1 = $1 circulating supply.
$17,362 billion or $17.36 trillion is the amount deposited in commercial banks in the USA. When comparing stable coins to bank deposits, the number varies, being 190-205 times larger than USDT. Yes, this is specific to commercial banking, highlighting that Tether (USDT) is much smaller than what many people perceive as 'real money' in the broader world of finance.
Let's run a simulation: once Spot ETFs are launched, and people participate in futures, it opens the doors for real banking and institutional money to access assets like BTC and ETH. To reach my price targets, a simple 9.85x increase in the money within this asset class is needed.
What does this indicate for the market caps of these assets?
Bitcoin: $9.0 trillion
Ethereum: $4.7 trillion
So, ultimately, Bitcoin will surpass in size, but in terms of performance, Ethereum has a chance to lead.
But is it impossible? Well, how does Bitcoin have a market cap shy of a trillion when there's less than 100 billion in stable coins? Additionally, not all of this is invested in Bitcoin. Indeed, market cap is a terrible metric, we still have retail money that moved Bitcoin by $10,000 on the thought of a Spot ETF approval.
If the Bitcoin spot ETF is approved before January 11, it's going to spark a FOMO rally from institutions, leading to inflows of potentially billions per week, and even billions per day
In addition to this, institutions will launch global marketing campaigns, and there will be daily TV reports on this asset class. Once the Spot ETF door opens to allow flows into this, you better have prepared your positions—I already have.
Larry Fink will talk about these assets but won't do internal & external marketing why?
he slipped up saying "crypto" is a flight to safety in October meaning he has done the same research and decided its go time.
hundreds > thousands ✅ 2010-2012
thousands > millions ✅ 2015-2016
millions > billions ✅ 2017-2019
billions > trillions ❔ 2023-2025
Total 1day Log chart looks 2 b finally triggering channel brkoutWe can see here on the log chart that the brown descending channel on the 1 day timeframe finally appears to be getting a confirmation impulse. The target for this breakout is around 1.324 trillion. Keep in mind we also have the dotted blue measure move line to reach eventually much much higher up. *not financial advice*
15 consecutive daily candles above totals descending channelWe can see price action came back down to retest the top trendline of this descending brown channel with exact precision and held above it now for 14 consecutive 1day candle closes. It is very likely to close a 15th consecutive candle here soon. We can see one wick back below the top trendline of the channel that was ultimately supported by the 1 day 5ma(in orange). That 50ma is now getting closes to rising above the channel itself for added springboard support. We can also see that the daily stoch rsi is reet as well with plenty of room to head upward. Everything is looking very good for the breakout of this channel to be validated in the ear future. *not financial advice*
TOTAL - LONG TERM SCENARIO UNTIL 2025As I believe this bull run cycle has been finished and we will enter the new fresh cycle, I have analyzed the Total market cap until 2025 which I think we can reach up to 12T which is around 5x from this point (2.20) but before it happens we need to finish the bear market. Another factor that makes the 12T idea quite possible is it will hit 1.27 Fibonacci. If that happens, we would have BTC around 200k, ETH 20K, and BNB AROUND 2500 in 2025. I know it depends on BTC dominance and Others and many other factors but just wanted to give you a very rough idea.
If you like the idea, hit the like button!
Ehsan.F
Total Market Cap Analysis: a Bullish Surge!Exciting times in the crypto realm! Total market cap broke free from its 1.200T shackles, signaling a robust bullish wave. 🚀
Breaking Barriers: A Bold Move
Breaking through the 1.200T level was a pivotal moment, transforming a former resistance into a launchpad for further gains.
The Next Horizon: Aiming for 1.500T
Eyes are now set on the 1.500T mark. This significant milestone promises both challenges and opportunities, enticing traders with the potential for substantial uptrends.
Bullish Patterns: Charting the Course
A promising Bull Flag pattern has emerged, indicating a continuing bullish trend. Smart entry strategies are vital, ensuring traders ride the wave effectively.
As we venture toward 1.500T, strategic entries are key. Stay alert, analyze trends, and seize the right moments. Welcome the opportunities, and let’s navigate these crypto waters together!
Happy trading!
$TOTAL: Total Crypto Market CapLong term trend has turned bullish in the Total Crypto Market Cap chart...
I had been waiting for this possibility since last month we had the bullish reversal in monthly scale, warning of the start of a bullish cycle in crypto once again.🎯🎯🎯
This is a great time to follow me here and on X as well as my other channels available.
As you know, I have a solid track record of capturing powerful trends in crypto as well as many other good calls in other markets. But crypto takes the crown when it comes to risk adjusted returns in the long term. Specially when considering that this chart is saying that the crypto market can expand from 1.32 Trillion to between 4.8 and 19.55 Trillion by Q1 2025 onwards.🤪
The CRYPTOCAP:TOTAL chart is a good reminder to start allocating more heavily to this market, and being ready to pounce when opportunities show up.
Best of luck!🤞🧧
Cheers,
Ivan Labrie.
TOTAL Crypto Market Cap - pattern still valid🟩🟨🟥⬜️If the TOTAL cryptomarket Cap 2-weekly candle close above 1.284T I will get bullish nervous dear Crypto Nation 😎🚨
These repeating patterns of different market phases are still valid IMO🟩🟨🟥⬜️
Comments💭, Likes♥️ & Follow🔗 appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Last BTC IdeaIt's been a pleasure exploring such a unique financial asset class. Nevertheless, we are moving into a political & economic direction in which crypto cannot coexist with the financial system and have any value in the long term.
There are many reasons for this outlook. Join my channel for more:
Telegram: @DeltaS7
Bitcoin Dominance Cheat SheetHi Traders, Investors and Speculators of Charts📈📉
Bitcoin dominance and the rotations between BTC and altcoins can be confusing. Enjoy this easy-to-understand guide to BTC.D , and why it is important to watch alongside with the bitcoin chart.
👇👇👇
BTC dominance is calculated by dividing the market cap of BTC by the total market cap of all cryptocurrencies. If the TOTAL market cap is 1.5 trillion and the market cap of alts increases, then BTC dominance will go down unless the market cap of BTC also increases.
But to really understand the rotation of money between BTC and alts, you'll need a clear understanding of how how market caps all fit together.
Imagine a pie where each slice represents a different cryptocurrency. The pie here indicates the total cryptocurrency market cap of both Bitcoin and altcoins, which can increase or decrease at any given time. In other words the TOTAL chart.
- If BTC market cap increases but altcoin market cap shrinks (relative), the pie stays the same size.
- If BTC market cap increase and altcoin market cap increases, the pie size increase and so forth.
If BTC dominance is at 40%, it means that the BTC slice of the pie chart is 40% of the total size of the pie. The remaining 60% of the pie is made up of all other cryptocurrencies (altcoins).
A pie chart from March 2023:
Now, imagine a new bullish cycle starts across the crypto markets. This causes the market capitalization of both altcoins and Bitcoin to increase. If the market capitalization of BTC also increases, but at a slower rate than the market capitalization of altcoins, then BTC dominance will remain stable even though BTC Price increases AND altcoins prices increase. This is because the BTC slice of the pie is still 40% of the total size of the pie, even though the pie has grown larger.
In other words, the pie has gotten bigger, but the size of the BTC slice has remained the same relative to the rest of the pie.
Here is another way to think about it:
Total market cap: $1.5 trillion
BTC market cap: $900 billion
Alt market cap: $600 billion
BTC dominance: 60%
Now, let's say that the alt market cap increases by $200 billion and the BTC market cap increases by $100 billion. The total market cap would now be $1.8 trillion and the BTC market cap would be $1 trillion. BTC dominance would still be 60%, even though the price of BTC increased because the overall pie has gotten bigger.
Here is an example of how the BTC dominance falls, but BTC price increases:
Total market cap: $1.5 trillion
BTC market cap: $900 billion
Alt market cap: $600 billion
BTC dominance: 60%
Now, let's say that the alt market cap increases by $200 billion, but the BTC market cap only increases by $100 billion. The total market cap would now be $1.8 trillion and the alt market cap would be $800 billion. BTC dominance would now be 50%, even though the price of BTC has increased.
As a summary:
UP: BTC d ominance is increasing, meaning that BTC is outperforming altcoins.
STABLE: BTC d ominance is remaining relatively unchanged. This could indicate price movement on either Bitcoin or Alts .
DOWN: BTC d ominance is decreasing, meaning that altcoins are outperforming BTC .
We see an increase of market capitalization on the TOTAL chart:
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CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL
Total market cap chart Why total is important I hope I dont need to explain. CRYPTOCAP:TOTAL
Possible Targets and explanation idea
➡️Weekly chart. Marked 2 times with trade on indicator moment to SELL and out of crypto
➡️June 2022 was a main bottom for crypto and BTC especial
➡️November - January we are under real value of total
➡️C4L direction showed also November-January whales accumulate aggressively
➡️White zones is depression zones where whales also build average entry for investments
➡️Take profit lines marked by fib levels + take profit indicator before correction
➡️ Correction I think we will see at April-May 2024
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
TotalMarketCap (TOTAL) Bullish Momentum BuildingTotalMarketCap demonstrates strong support within the demand zone, consistently breaking above downtrend trendlines. These developments suggest that TOTAL is potentially gearing up for its next upward surge. Currently, the risk-to-reward ratio appears favorable, particularly in light of today's pullback.
Bitcoin technical analysis - new update _ 2023-10-31
Long position
After breaking the box ceiling at 34820 resistance
Entry 35050
The loss limit is 34,500
Risk Free 35600
First save profit 36150
The second save profit is 36,700
The third save profit is 37255
Profit limit 37,600
-----------------------------------------------------
Short position
After breaking the box floor in the support of 33586
Entry 33395
The loss limit is 339000
Risk Free 32890
The first save is 32385
The second saving profit is 31,800
Profit limit is 31500