TOTAL2
THETA is structurally divergent - Has it decoupled?As seen in the above charts, THETA has diverged structurally from Bitcoin (bottom chart) and the other Alt-coins (middle chart). After completing a 10 month corrective phase THETA appears set to commence another Bull market. In contrast, the other Alt-coins and Bitcoin have only completed the first 3 months of their respective corrective phases.
What do you think? Has THETA decoupled from the Bitcoin market cycle?
$ALTs MarketCap AnalysisMid-Term: Bullish
Short-Term: Bearish
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The higher the alts market cap goes the more money flows into altcoins besides Bitcoin.
the structure on lower time frames shows bullish momentum with the current 1.06T $ in MarketCap is we lost this level due to weekend low volume i expect we dump into 958B or retest our PML (Previous Month Low)...Altcoins will dump more...money will go to Bitcoin or be in stablecoins.
#TOTAL MCAP, LTF Analysis, Buy levels will trigger soon..Welcome to this quick update.
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The total chart followed our speculated move as shown in the last chart (leaving the link to the previous chart below this analysis).
The formation of the right shoulder is in play.
Likely to retest the blue MA and bounce from there.
This could be the time to start adding some alt positions and DCA while it touches that MA.
Secondly, at this point, the risk will be lesser than 3 days back when you wanted to FOMO in that green market.
Hope you got my point!
You'll find most of the altcoins forming the same structure as shown in this chart.
The same rules apply to those too.
So trade accordingly,
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#PEACE
TOTAL MARKET CAP 12 HOURS UPDATE Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I mentioned in my previous chart the TOTAL market cap is broken the bullish expanding triangle it will come for a retest and it retests successfully
now time to go to the moon.
let's see how the daily candle closes.
What's your thought on this?
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#TOTAL MARKETCAP! Bitcoins and Altcoins are not done yet!Welcome to this quick update, everyone.
The total mark cap has broken out of the downtrend channel and is currently trying to retest the level.
In my previous chart, I said we need a close above that blue MA line though I expected some early rejections it broke out at once!
We also got a breakout above the downtrend channel after exactly 90 days of consolidation.
I expected a little more sideways action and consolidation previously but the breakout on 4th Feb changed everything.
What are the possible scenarios right now?
Well, keeping in mind this is not a fakeout, we are likely to continue the rally to retest $46k and $53k in BTC but before that, the red zone is needed to be retested for a healthy and sustainable rally throughout the market. This retest could result in some pullbacks in altcoins and BTC ($38.8k to $41k) followed by a 15% rally in BTC.
That will be the best time to enter the market.
ALTCOINS will follow BTC.
This is not financial advice, these are all my own views as per the chart.
What's your thought on this?
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Thank you
#PEACE
ALT SEASON about to start?This is the historic chart of the crypto total market cap excluding Bitcoin, on the 1W time-frame. As you see the previous Cycle (2014 - 2017) had two Accumulation and two Rally Phases, with the final (2nd) Rally Phase, being the strong Alt Season that completed the Cycle.
Right now it appears that the market is at the end of the 2nd Accumulation Phase and if history repeats itself then we should assume that a multi-month Alt Season is about to start throughout the majority of 2022. The only way this gets invalidated is if the 1W MA100 (green trend-line) breaks, as this has been supporting during the 1st Rally, 2nd Accumulation Phase and 2nd Rally/ Alt Season in the previous Cycle. Similarly on the current Cycle, it has been supporting since the market came out of its 1st Accumulation Phase in 2020. Fact: notice how on the current Cycle, all phases are longer than those in 2014 - 2017, which is consistent with the Lengthening Cycles theory as the market matures.
Do you agree with this chart? Feel free to share your work and let me know in the comments section below!
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TOTAL MARKET CAP 12 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart TOAL is trending around this big channel resistance if it breaks and closes upside this blu line then we can expect a bounce up to 2.12T and if it gets rejected from his level then we have one more support of this green line but for confirmation, we should wait for a daily candle close.
let's see how the daily candle closes.
What's your thought on this?
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ETHBTC, Its ready to have some rises of altcoinsHello everybody
ETHBTC is one of the most important pair for the movement of total 2 and 3 because ...
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According to the chart, After we are ranging price in market today after unemployement rate reported the price impact to it and make new rally.
After the price was make breakwave and we need some pullback and we can take in position on any altcoins after pullback completed and we can wait until the target reach.
Please observe capital management and dont forget use stop loss
Good Luck
Abtin
#Total Mcap, Not everyone is watching this!!I'll keep it short unless we see a break and close in daily above this red resistance which happens to be around $1.87 trillion. I don't think we will start rallying.
Also if you look into the grey box, the index got rejected multiple times from the blue line.
It needs to get above it.
If you are too excited with that $3000 candle on BTC, Don't!
Be smart and think twice before FOMO buying anything.
It's better to buy higher with confirmation rather than buying exactly at the resistance!
What's your thought on this?
Do hit the like button and share your views in the comment section!
#PEACE
Dangerous TOTAL2 PRZ?! Crypto market dump ahead? In order to have a bull market, it's essential to absorb more money; and I mean BIG MONEY! The main reason that crypto market made huge profits in 2021 was that more people understood what cryptocurrency actually is. This led to normal people (such as me and other new to crypto fellas) investing on this market hoping to get good profit and we got it! But how long would this bull run last? The answer lays beneath the TOTAL and TOTAL2 charts. These charts reveal how much money the entire market has absorbed.
As I mentioned at first, the more money the market gains, the more it grows. But when the money slowly leaves, the Market Cycle Phase changes. You may ask what it means, so here's a simple explanation from Investopedia:
1. Accumulation phase: This phase occurs when the market has bottomed and the main investors such as big corporations, money managers and smart investors start buying. In this phase valuations are attractive, yet huge percentage of investors still consider the market bearish and the sentiment analysis say so.
2. Mark-Up Phase: During this phase, technicians see the movement in the market and other investors get on the bullish train and prices start to go higher and higher. This is investors favorite phase! No matter what you buy and when you buy it, you make great profits.
3. Distribution Phase: In this Phase, sellers start to dominate the market, the bullish sentiment changes to mixed sentiment and prices often move in trading range. As soon as this phase comes to the end, the prices start to reverse and classic patterns such as double top or triple top appear on charts.
4. Mark-Down Phase: Without any doubt, this phase is the scariest of all 4 and the nightmare of investors. During this phase, prices go lower and lower, the news would be all bearish. If we carefully observe the third phase and exit the market, our money can be safe but if not the nightmare would become real without any doubt.
If you take a closer look you'll realize that the TOTAL2 was unable to go higher than the all time high. You don't even need to be a technician to notice that. I used the 4H time frame on purpose. It is possible to see bullish movements in short-term yet it all could just be a pull back in long-term. The market cycle I mentioned earlier is fractal which means there could be bullish mark-up cycle in 1H or 4H time frame but not in long term.
In conclusion, this post wasn't here to scare you, but to inform you what could be awaiting us. The money I mentioned could leave one coin and be invested on another one, eg; from BTC to MANA or vise versa. This means it's still a very attractive market but you have to be more careful. Looking forward to hearing what you think!
TOTAL2 4HOUR UPDATEWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart that TOAL 2 is trending around this blue channel and from the same downer support line now we are expecting a bounce from the support level
let's see how the daily candle closes.
What's your thought on this?
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Alt-coin Market similar move to July 2021. 130% Pump Incoming? As you can see from the simple chart, the Alt-coin market just recently dipped below the 200ma and then recovered above it. It is a similar move to what happened last July 2021. After bouncing off the lower trend-line, we hope to see the price close above the 200. The last time this happened the Alt-coin market pumped 132% initially. More gains were recorded after a slight correction. Could this happen again?