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TOTAL2

BTC/USD (New Strength)💎Technical Analysis Summary💎 BTC/USD -Bitcoin finally confirms the weekly key support area -After a strong recovery back above the 50W MA and hitting the 40k level -We can say BTC is safe for now in the coming weeks -But the Bulls can't stay relax because the 40k dollar is acting as a strong barrier -And also, we have a new CME price gap of around 34k-32k dollars -We know these gaps are likely to get filled soon -If you noticed some Altcoins are not doing well during BTC run-up -It is because the Bitcoin Dominance level increases too by 5% -The Altcoin space may move weak or slow in the coming days -Unless the BTC Dominance decreases and Bitcoin moves in a range -Congrats for the Bulls, let us see if they can make another follow-through ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
11
Altcoin MCAP Fibonacci Circles - Huge Upside? In the first scene we can see OTHERS bouncing off 3.618 strongly off the strongest trendline available A possible falling wedge breakout This level was seen as resistance previously before the massive run up we saw, now it is support In the second scene we can see TOTAL2 (altcoin cap) approaching 2.618, during the last bull run as price approached 0.618 of this same trend a massive run up through the transition occurred, will we see another massive run up through 2.618 (another .618) level If it occurs this will lead to phase two of the bull run, a more aggressive, and sharper rise across the board.
CRYPTOCAP:TOTAL2Long
by Bixley
2
BTC/USD (29k Last Area of Support?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin is saved by the last area of support and 200 Moving Average on 2D TF -If BTC will continue to move higher in the coming days -I expect a retest of the 20 Moving Average in this 2D time frame -This short-term 20MA may act as resistance again as seen in the past -The Bulls and Bears are differently in a tug of war until the last one surrenders -The market trading range is getting tighter and tighter each day -We will soon see breakout direction either up or down -So please always be prepared and manage your position size correctly -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
13
Alts Getting a Boost on TOTAL2Musk | Woods | Dorsey activated!! The technicals were showing a Gartley point "C" shored up on Bitcoin and as Bitty goes, so goes the crypto market, naturally alts are gonna hitch a ride. Check out that broadening / descending wedge on the longer term trend (bullish) BUT we have some interim oscillation to contend with before the bull really stands tall once again. We have a Gartley on TOTAL2, not a ton of volume but enough to risk a small long if you've got liquidity. We may push aloft the 200 EMA and sandwich in under the 50 with hopes of a bullish rise to break above that. Watch the Fibs and trendlines and as always, not investment advice and DYOR. Enjoy the show friends!
CRYPTOCAP:TOTAL2
by FudBox
2
Bitcoin Dominance Is Going To Hit The ResistanceBitcoin dominance: On 21st May 2021 the Bitcoin dominance index started the formation of an ascending triangle. Now the priceline is very close to the resistance of this triangle. Previously we have seen so many rejections by this resistance. If the Bitcoin index will be rejected again by this resistance and breaks down the support of this ascending triangle, then it can even touch the lowest value of 35. After breaking down the support and the altcoins will be free to move towards upside or downside Bitcoin dominance. But in case of breaking out the resistance, Bitcoin can again drive the altcoins with its move. Altcoin index: But only breaking down the Bitcoin dominance is not sufficient. In order to start a big altcoins bullish move we need to watch the altcoin index as well and that is Total2 index. This index shows the altcoin market performance excluding Bitcoin. If we take a look at this Total2 index then it can be noticed that previously it was moving in an up-channel and after breaking down the support it has formed a down channel. While moving within this new down channel it has moved very close to the very strong price level support and the support of this down channel as well. So we will need to break out this channel along with the breakdown of Bitcoin dominance as well. Conclusion: Most of the traders are only watching the Bitcoin dominance chart, and waiting for the dominance to be decreased or break down the support. But we also need watch the altcoin index (Total2 index) as well. Because at one side if the BTC dominance will be broken down and on the other side the altcoins index will be moved up then an altcoin season can be started like we have witnessed in Jan 2018. Therefore, it is important to watch both charts.
CRYPTOCAP:BTC.D
by moon333
1
BTC/USD (Warning Signal?)💎Technical Analysis Summary💎 BTC/USD -Warning sign for BTC, the price closes below the 50W Moving Average -It is now trading below the weekly key area of support -If BTC is unable to get above the 33k area in the coming days -Please be cautious and manage your position sizes -Because we don't know how far BTC will go if this downward continues -Good luck traders and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
22
#ALTCOINs in Danger? Welcome to this quick update. In my last update, I said if ALT Mcap CLOSES BELOW 738 Billion altcoins will be bearish AND YET WE SAW dump in ALTCOINS but it didn't follow how I expected. Just shifting a few trendlines and I got the chart above. Looks like it's still under the channel and a bounce is likely from here. It will take some time with sideways action or even little pullbacks during the weekend. Close below this channel could create a panic in the altcoin market with blood everywhere. Let's hope we see a bounce from here. Let me know your thoughts on this. Thanks for reading, Do hit the like button if you like it and share your views in the comment section. Thank you Stay safe #PEACE
CRYPTOCAP:TOTAL2Long
by Cryptorphic
4
BTC - FIB play PART IIHello trader, Nice week and profitable deals 💲 This BTC 1D chart is a combination of: 1. FIBretracement from 3k low to 64k high 2. FIBretracement from Wave 2 to Wave 3 3. FIBretracement from 64k Top to Wave3 4. 2017 Top 5. FIBextencion from Wave 2 to Wave 4 6. FIBextencion from Wave 2 to Wave 3 7. Pitchfork Detailed BTC FIB roadmap Weekly logscale roadmap II and Fractal Roadmap 3 I would like to mention that all I post are just options and my own opinion ! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. No trading advice ! ➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️ Thanks for reading my ideas, Trade save!!
BITSTAMP:BTCUSD
by TR7z
6
#ALTCOIN SEASON only if it happens!!!Welcome to this quick update, everyone. I got many requests for analyzing the Altcoin Marketcap BTC has been acting strangely these days and I am more of a TA guy rather than the fundamentals. TBH Fundamentals play a very major role in Crypto. But charts always give us a hint ahead of the news, doesn't matter Bearish or Bullish . Let's get straight to the chart:- The TOTAL2 represents the Total Altcoin market cap. According to this chart, the Alt mcap must rally towards $800 billion in the next few weeks keeping in mind the $733 Billion mark holds. Currently, we are at an important level of support. Observe the channel support as well as the Yellow trendline. Trying to breakout positively. Breakout and a bullish retest confirm the uptrend in altcoins which will eventually give us a green altcoin week. What's your thought on this? Do you think Alts will rally? Share your views if you have any in the comment section and do not forget to hit the like button if you like my updates. Thank you #PEACE
CRYPTOCAP:TOTAL2
by Cryptorphic
9
Déjà vuDevelopments in TOTAL2 for the last week parallel those of late May and early June. A, B, and D are crashes that form a rough inverse head-and-shoulders; in addition, there is an inverse head-and-shoulders shape within D. C and E, by contrast, are the reaction rallies out of the B and D crashes respectively, with E being slightly higher than C. After the E rally, equilibrium is reached which causes prices to be more or less close to their "real" value, which in the case of a bear market in June, showed a steady slide until the next crash on June 20. BTC is similar except giving more of a veneer of stability, as during last month's slide downward there was a shift from alts into bitcoin, leading to a bump in the bitcoin price around June 14-16. Bitcoin dominance BTC.D has otherwise been broadly inverse to TOTAL2 cap. This may provide clarity as to whether the bear market in alts is over yet or not. If it's still on, there will be another slide downward in alts leading to another dip. If it's over, we shouldn't see another slide.
CRYPTOCAP:TOTAL2
by drcorvinus