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TOTAL2

TOTAL MARKET CAP ANALYSIS!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. TOTAL MARKET CAP ANALYSIS UPDATE:-The total market cap is moving in a long symmetrical triangle. Currently, it has bounced off its trendline support. The RSI is in the oversold region and is showing a bullish divergence. A bounce off the trendline support and a solid breakout of the descending trendline will confirm a strong upward move. In case of a sustained breakdown of the ascending trendline, the market is expected to decline. The MACD crossover is showing a contraction phase. A solid breakout of the symmetrical triangle will confirm the extension movement in the market. The total market cap is above the ascending trendline support and trading inside the Ichimoku cloud. Volume is very low and the price is in the contraction phase. Hit the like button if you like it and share your charts in the comments section. Thank you
CRYPTOCAP:TOTAL
by CryptoSanders9563
TOTAL2TOTAL2 Analysis TOTAL2 is the total market capitalization of cryptocurrencies, excluding the total capitalization of BTC. The chart clearly shows the formation of a bullish wedge. This is a technical analysis chart pattern that usually heralds a future uptrend. 📐A bullish wedge forms when the price range narrows and trading volumes decrease. Usually, the exit from the bullish wedge occurs upwards, with a breakout of the upper trend line. This signals a resumption of the growth trend. It is worth noting that you need to use additional indicators and analyze the news background to confirm the correctness of your forecast. Always trade responsibly and with a cool head. If you like the idea, don't forget to subscribe and rate like👍
CRYPTOCAP:TOTAL2
by Andrey_Crypto
TOTAL2 Elliott Waves Analysis (altcoins)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Looks like we have correction in form of flat(3-3-5). If markup is right soon we should to see upward movement. Entry: market and lower Main target zone: 720 - 780B cancellation of scenario - 500B ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
CRYPTOCAP:TOTAL2Long
by trytofeelpositive
4
Crypto $TOTAL 3 been weak & likely has lil more to goUnless you're not on twitter #memecoin season hit hard & looks like it has likely GONE This was a weird phase, very different from many others Usually the pattern on break down = CRYPTOCAP:BTC > CRYPTOCAP:ETH > #altcoins > #memcoins But most #crypto fell at same time this time around Well, except SOME #memes IMO the Bull is not dead BUT has a few spears in it (think Spain) LONG TERM #crypto just retested BREAKOUT lvl Need to expand long term chart
CRYPTOCAP:TOTAL3
by ROYAL_OAK_INC
Altcoin Apocalypse: Is This the End of the Crypto Revolution?Unfortunately, Altmarket cap isn't looking promising at the moment as we have just broken out of the head and shoulders neckline. This is a bearish signal for the market. What can we expect next? Based on the current price action, it is likely that we will retest the neckline as a resistance level. If the price fails to break above this level, it could confirm the validity of the breakout and lead to a further decline. In such a scenario, we might see the market cap dropping all the way back to the 501B level, which is a significant setback for the altcoin market. It is crucial to monitor the 500B level closely. This level acts as a key support, and if it is breached, it could trigger a more pronounced downtrend, pushing the market into what some traders refer to as an "oblivion black hole." To help you navigate these uncertain market conditions, I will provide periodic updates to keep you informed and minimize potential losses. Remember to trade cautiously and make informed decisions based on market analysis.
CRYPTOCAP:TOTAL2Short
by Bitsleader
ALT COINS Made a major bullish break-out above the Falling WedgeThe alt coin market (TOTAL2) broke last week above the Falling Wedge of the Bear Cycle that started in mid 2021. Currently we may be seeing a pull-back that may put the 1D MA50 (red trend-line) and 1W MA50 (blue trend-line) to test as Supports. On the long-term though, this break-out along with the formation of the Inverse Head and Shoulders (IH&S) pattern, targets much higher and more specifically the 2.0 Fibonacci extension at 1.135T. Note that it was the 1D MA50 crossing below the 1W MA50 in mid February that confirmed the long-term downtrend and similarly, it will most likely be last month's 1D MA50 crossing over the 1W MA50 that confirms the long-term uptrend/ Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTOCAP:TOTAL2Long
by TradingShot
8
Kadena breaking out for a +300% rallyKDA is up around 9% as of this writing and I think this move as a lot more to go. There is some resistance to cleared on the way up, as always, but ultimately I see a big multi-month move to $4.7. A couple of months ago price action finally broke out of the green "falling wedge" and did a whole lot of sideways as strong hand accumulated. I use quotes for falling wedge because it has a bit to much white space as drawn. The Kadena project looks really promising and interesting so I am not surprised that buyers stepped up. The indicator analysis is pretty simple. There is a lot of hidden bullish divergence on the weekly chart and I see that as being enough to get us to the 0.5 fib retracement level. We may even get over-performance to around the 0.786 but I shan't be greedy. I will be closing the margin around the 0.5 (4.7) target, Kadena versus Bitcoin One reason I foresee a longer term consolidation patter on KDAUSDT is the KDABTC chart. The log MACD is still way below zero on the weekly and there is a lot of resistance at the bold black line as well as the Keltner channels. KDABTC has about 33% to go until it faces the 2 standard deviation Keltner and I expect to see multi-month structure develop to get the price action strong enough to start to curve the channel upward. No matter what KDAUSDT is doing once KDABTC gets to the top of the 2 std dev Keltner I will have to access if I want to close out my margin to make it available for a btc margin trade. My entry and trade I am rather pleased with this entry. I got in two days ago at 1.003 There is a chance that this structure could turn into an ascending triangle and there may be a stall at $1.414 If that is the case then price could return to my entry. If that is the case I will take what profit I can get manually and wait for an entry on the third low of the ascending triangle. This would push out my time table for the move by several months. I don't want get to repetitive, but things are going to start to get crazy. Total2 is in a rising wedge and a move to the top of the wedge sees the market cap of altcoins hitting all time highs and going over 350%. There is even a chance it pops out of the wedge. I got into this trade with just my left over equity in my margin account. I hope to close 75% of it at target and the balance is going to go into holdings. Twenty five percent is going to my living and the other 50% is going to be used to continue margin trading.
Long
by This_Guhy
4