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TOTAL2

MARKET UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. #BTC UPDATE BTC is forming this big falling wedge pattern what is a falling wedge pattern? The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. Generally, a falling wedge pattern is considered a reversal pattern, although there are examples when it facilitates a continuation of the same trend. A weekly candle close above 25k could suggest that the market is expecting a bullish trend. So let's see how the weekly candle closes * RSI is also sowing some bullish divergences move #USDT.D UPDATE We are a few hours away from the weekly close and we can literally see where the market is possibly heading. With the USDT.D bouncing back from the support line and BTC at the resistance, I would highly suggest staying away from leverage trading for now and wait for the market to cool off. If the bounce back is so good to be true then we can expect the USDT.D to reach close to 7.2% resistance. If not then 6.4% is good support for the dominance. TOTAL 2 UPDATE We are a few hours away from the weekly close and we can literally see where the market is possibly heading. With the USDT.D bouncing back from the support line and BTC at the resistance, I would highly suggest staying away from leverage trading for now and wait for the market to cool off. If the bounce back is so good to be true then we can expect the USDT.D to reach close to 7.2% resistance. If not then 6.4% is good support for the dominance. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
by CRYPTOMOJO_TA
6
BTC analysis for most possible directionDidn't post yesterday, was busy --- This is copy paste from yesterday $BTC not looking so hot atm #BTC RSI is sinking fast $TOTAL 3 = #altcoin Also looks weak but nowhere near as much Facing heavy resistance We're likely due for a lil pain from here --- TODAY 1/2 $BTC @ an important area #BTC holding @ dotted line support #bitcoin trading UNDER Red Mov Avg for 2nd day Buy volume lowers, sells > than buys but not much RSI MUST NOT tread sub 50 area (middle) We break Green Mov Avg still ok but MUST HOLD Breakaway Gap area #crypto 2/2 What about $BTC vs #altcoins? $TOTAL 3 = #altcoin Staunch resistance right above Yet holding better than #BTC 4Hr shows some buys coming back See the Inverse head & shoulder? Ugly but it's there #crypto had huge run, it's okay to REST as long as it doesn't fall asleep
CME:BTC1!
by ROYAL_OAK_INC
$BTC $ETH & Altcoin data, Memecoins running, what it mean?Important short term🧵 $BTC RSI not showing good signs, NEG divergence #BTC HAS BEEN LEADING the rally but it's weakening We've posted on this $TOTAL 3 doing ok #memecoin running usually @ end of runs #bitcoin MUST hold support levels MUST hold number is 18kish --- 2 $DXY running & RSI over 50 again BAck to #crypto $Total = ALL including $BTC & $ETH Not showing recent strength of Total 3 = #altcoin They all still have a ways to go to break down trend Although #BTC HAS done it on it's own #bitcoin has been LEADING until now Rest time? --- 3 $BTC broke downtrend not long ago & struggled 24k has been issue = MAJOR RESISTANCE & NECKLINE for Inverse Head & Shoulder = BOTTOM Now $ETH RSI looks ok However HUGE resistance @ 1700 area #ETH hasn't broken downtrend --- 4 $BTC is to $DJI = $ETH is to $NDX #DJI broke out before #NDX did Very likely #BTC broke already & #ETH will follow We'll likely take another month or so to realize the bottom $TOTAL 2 = No #bitcoin, includes #ethereum & #altcoin, looks ok We'll see how all pans out Gnight
CME:BTC1!
by ROYAL_OAK_INC
Where is the BTC bottom???BTC supply is rarely calculated/used in charts. Since we analyze equities/idices divided by M2SL, we should divide BTC with it's supply. Since 2021, BTC supply increases by ~0.003% per week. At least according to the BTC_ADDRESSES ticker. While this may not analyze the true amount of BTC in circulation, it is at least a start... This process allows us to add a distinct bound to it's price. It's logarithmic expansion is hard to analyze. So this transformation solves most of our issues with it. A larger view of the chart. SCENARIO 1 Bitcoin wealth trends upwards compared to it's supply - It creates wealth The channel was drawn using a log-scaled regression. The light-blue line is a more realistic target for the bottom of the channel. The 2020 black swan is an outlier, we do however take it into consideration as a terminal target. In order to get an idea of the timing, we draw a channel for the last 100 weeks. And after extrapolating the trend channel, we take 6 targets. Taking into account the increase in BTC supply (increasing supply, decreasing price) we get the final targets. A=14220, B=12987, C=14719, D=13468, E=15432, F=14113 SCENARIO 2 Bitcoin fluctuates horizontally to eternity Look at this retracement... The 1.618 ratio is an impenetrable border (?) This chart suggests that perhaps there is a big drop ahead of us, I haven't pinpointed a probable bottom. I will update this idea in the future if I come up with anything. Price never succeeded to pass this ratio. Instead we had distribution for the last two years. It feels as if this ceiling may never give in. Bitcoin's role to society must change for it to skip this border. Then price might head to an entirely new scale. A monetary crisis could provide an opportunity for BTC to become a viable alternative to fiat currency. Make sure to follow this idea by SPY_Master for more information about the brewing crisis. Tread lightly, for this is hallowed ground. -Father Grigori
BITSTAMP:BTCUSD
by akikostas
Short term Crypto Total Market Cap AnalysisHi Everyone! The TOTAL2 Index appears to have found a support area around 428 (see chart below), at least temporarily. Indeed, at the moment I cannot confirm of a bullish impulse structure (rally) formation, so I consider this last bullish leg as a technical rebound, at least until it destroys the resistance. It could be interesting to follow this index in the next sessions/weeks. If this idea will be supported by your "Likes" we will continue to follow this analysis with updates below. Thanks for your attention and please... trade with care! 💖
CRYPTOCAP:TOTAL2
by TheAnonymousBanker
4
#ALTCOIN MARKETCAP is Flashing Important Signal.Have a blessed Sunday to you all. ALTMACP broke to the upside. I am just skeptical about it for one reason, the confirmation candle closed in the red. Unless we get a candle closing in green above the same, expect manipulation. Be careful about holding the maximum portion of your portfolio in ALts. Alt/BTC pairs will bleed. I prefer holding BTC and a few alts with fundamental advantages like VRA is 230% already, HFT has started its run( Chart coming soon), and many other Gems APT did 4x. So follow me if you want to know the next potential 50x coins! DYOR, This is not financial advice. Do show your support if you like my work. Thank you #PEACE
CRYPTOCAP:TOTAL2
by Cryptorphic
4
MARKET BULL SEASON ( ALTCOIN SEASON )Crypto coins started to be discovered. Everyone wants to be rich. And this is why it is turning to altcoins instead of btc. Especially the Shit coin Doge, Hot, Btt, Chz, etc. It will turn to pump coins. Season is PUMP season. If the first areas are happy, the last ones will suffer great losses. Sorry, these are the Facts. You can wait for years. It is useful to be careful. Because when they get what they want, they have nothing left to buy from you. Sorry, Doge will finish the season with Btc. For now, I see it as May 31, 2021. Stay tuned, ahead. I'll share the exact dates. Enjoy it very much on May 31st. Pay attention especially on May 24th. Hill Hunt will go out (ALL TIME High will come). Look at the top selling. May some others win. Getting out in the right place is most important. This season is the season of disposal. Move up, those who open Short can do a lot of damage. When the bear season comes, we will lower the prices together. Pay Attention to Your Stops.
CRYPTOCAP:TOTAL2Long
by TraderEtc
3
TOTAL MARKET CAPITAL: A RALLY AHEAD.Hello guys, I hope you all are doing well. Here's a quick update on the total market cap in a daily timeframe. The new year has been good for the Total 2. On the 1st of January, we saw a bounce back from the support line of $432.16B. If this bounceback is so good to be true then we can expect a close to 16% rally soon. If this rally takes place then altcoins will rally as well. The invalidation point for this will be the lower support line. If the T2 breaks below this then it is game over for the above-mentioned rally. I hope this chart will be helpful for you. Thank you for reading. Trade safely.
CRYPTOCAP:TOTAL2Long
by Dexter_The_Trader
3