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.
Total2marketcap
TOTAL3: STILL ABOVE THE SUPPORTING TRENDLINE.Hello traders, here is a quick update on the Total Market Capital (Excluding BTC).
Timeframe: Weekly.
The Totoal2 has been under a downward trend for quite a long time. A trillion-dollar market has now come down to 446.8 billion dollars within a year. Still, after a drastic change in the price action, Total2 has managed to stay above the support line. This can turn out to be a positive thing for the altcoin market. If the T2 sustains this support level then we can expect a bounce back toward the 700 billion dollars resistance trendline. This means, a good green rally for the altcoins.
If T2 breaks down below the trendline line then things may get worse for the altcoin market. As of now, things look under control and I am hoping that the T2 will make a positive move soon.
That's it from my end, I will see you in my next update.
Enjoy your Christmas, guys.
ALT M.CAP IS FORMING A BULL FLAG!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka Altcoin M.cap update.
Total2 is forming a bullish flag like structure in 4hr time frame. Currently, it is trying to break the flag here. If it succesfully breaks the flag then we might see some more 15-20% bullish rally in Altcoins. In case of a rejection, we have an important support at around $550B which must held.
Keep an eye on this.
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#TOTAL MARKET CAP TECHNICAL ANALYSIS!!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.
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
TOTAL MARKET CAP UPDATE
As you can see in the chart or absorb in the chart here TOTAK MARKET CAP is making these two patterns.
first symmetrical triangle pattern which is a semi-bullish pattern, here we need a breakout or breakdown to confirm this pattern.
The inverse head and shoulder pattern is a bullish pattern but here we need to break out the nice line of this pattern to conformation this pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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TOTAL2 - Recovery FormationSimilar scenarios can be seen to the earlier green rectangle period
This green period was the result of a breakout from a falling wedge (recovery formation)
The green rectangle period we are approaching now also follows a recovery formation, however a different one, an inverted H&S
This rise will lead to another retest of the strong downward resistance in white
Daily timeframe
#ALT MARKET CAP is on the run! 15% Rally ahead!Welcome to this quick update everyone,
Altcoin Marketcap is bouncing after printing a higher low.
The index reversed on 18th June 2022 with a low of $430.955 Billion Marketcap.
Currently its trading inside a rising channel and to cpmleyte it needs to print another higher high which gives us our short term target of $573 Billion, almost 15% from current level.
THERY TO KEEP IN MIND:-
Since this is a rising channel which is generally bearish in nature and often considered as a bearish continuation pattern unless broken to the upside.
This is a very interesting scenario here. BTC has been surprising us since the last few months and ALT MARKCAP breaking to the upside after printing a bearish pattern could be another surprise while the whole crowd is completely bearish.
This is just a theory. The chart along with multiple indicators are showing possibility of a 15% rally in this index which will eventually push the altcoins 20% to even 50%.
So take your trade decisions accordingly.
INVALIDATION:- A CANDLE CLOSE BELOW THE RECENT Higher low of $461 billion will invalidate this chart.
DYOR before taking any trade decisions based on this chart.
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I don't post much , I only do when it's needed.
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#PEACE
ALTS MARKET CAP 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.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
ALTS MARKET CAP is making these two patterns in which one is bearish and one is bullish .
ALT MARKET CAP is forming bearish pennant in 4hr timeframe
If pannent broken downside then is ready for another 30% bearish wave.
TOTAL MARKET CPA is forming this symmetrical triangle also So let’s wait for a sustain break down or breakout will confirm the next move of the TOTAL MARKET CAP.
Let's see how the market will react in few hours.
Stay tuned
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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TOTAL2 - New lows Soon - alts bleed 45%Higher low, higher low and again higher low. Clear Ultra bearish scenario. Alts about to bleed additional 35-45% where they will bottom and a mini alt season will start.
Buy in alts when this charts bottom and compare to BTC.D where it should be at 49% => HIGH BUY
TOTAL 2 following my strategy to the tick.
Thanks me later, cheers!
#ALT MCAP $500 billion at critical level.
ALT MCAP is moving towards the 100 MA support around $500 billion mcap.
This is an important level to hold.
A green close above this level could trigger a bullish rally across the market, until it happens we are short-term BEARISH.
Be careful.
Let me know what you think in the comment section. Do hit the like button if you like me to post these small updates.
Thank you
PEACE
TOTAL2 (Altcoin Market) Bearish SentimentUsing two different Fibonacci Circle plots we can see price being rejected at purple and inversely being supported as orange
Currently price is in the middle of the purple fib ring, this allows a bearish conclusion to be made
Bearish action is plotted by Bars pattern in red (just a guess of how it will undergo)
Once price reaches orange again resumption of a bull market is possible (green)
Bitcoin will recover before altcoins
#ALTS MARKET CAP UPDATEHi 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.
TOTAL 2 UPDATES:
total 2 is making this big descending channel pattern, currently, it looks like it is going to retest the lower support.
we can bounce from the lower support of this channel so let's see how it goes.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
I would also love to know your charts and views in the comment section.
Thank you
#TOTAL2 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
A very good position for ALTS!!
Total2 still holds support and is testing the previous resistance trendline and the altcoin may pump
If it is broken and closed downside from the support level then the chart will be invalid.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
ALTS MARKET CAP 12 HOURS UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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.
TOTAL 2 UPDATES:
total 2 is making this big EXPENDING channel pattern, currently, it looks like it is going to retest the lower support.
we can bounce from the lower support of this channel so let's see how it goes.
RSI is showing some bearish divergence move.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
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altcoins gonna suffer moreThis is the index of the market cap of all altcoins (ETH included). With BTC going down it appears clear that altcoins will suffer and possibly breakdown this ascending channel.
Going below the 1T dollars market cap means many alts will be rekt and won't survive as most of the alts dumped already in the past months and are close to the point of no return. BE SURE you have the right bags and try to avoid buying alts. In this moment it's better to avoid buying anything if not stablecoins.
I coulnd't offload my bags bought months ago but the last fiat I've put into crypto it's all in stable staking, away from risks. Unfortunately the world's economy is crippled and cryptomarket is now too big not to be affected from this, until stock market goes down we can't see BTC going up and consequently altseason won't start.
Total2 Potential Double BottomHey guys, its been while to I post here, There is a only choppy reaction in market right now. But I try to keep update here as you see in the chart potential double bottom here total2 is the always key to bull market if we close daily 1.08 (Blue Horizental Line) Double Bottom Confirmed Lets See What Happen. I think great days coming for bitcoin.
IS ALTSEASON OVER ?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
My previous total 2 charts are going wall currently It is lying on the support of this UPPER SUPPORT LEVEL OF THIS SYMMETRICAL TRIANGLE PATTERN.
MACD crossover is showing BULLISH momentum. RSI has entered the oversold region.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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TOTAL MARKET CAP 12 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as an
My previous total 2 charts is going wall currently It is lying on the support of this EMA.MACD crossover is showing bearish momentum. RSI has entered the oversold region. We've to wait for a sustained breakout/breakdown to confirm the next move of ALTS.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
TOTAL2: ALTS STARTS BOUNCING AGAIN SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this TOTAL2 aka Altcoin market cap update. Total2 is the market cap of the whole market excluding BTC means which measures the market cap of all the Altcoins.
Total2 forming an Adam&Eve pattern 12hr time frame. After the breaking out of the neckline currently it is going for a retest. The retest level is at around $1.14T from where we can expect a good bounce in Alts.
As of now, it's better to wait for a long entry and if you holding any then hold only on spot.
If you like this idea then do support it with like and follow.
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