TOTAL3: SOON A BOUNCE IS EXPECTED.Hello guys, today I am sharing a chart on Total3. It is the total market cap excluding BTC & ETH. I am using 2 days timeframe for a better and clear picture.
The Total3 has drastically fallen -28% from the last November 2022. The price got settled at the low of $298.176B forming a lower supporting trendline at around $300B. With the current price holding at $318.6B and the recent scenario in the market, the $300B support level seems quite strong and soon a bounce back is expected. Until and unless, Total3 holds the lower supporting trendline, the expectation for a bounce back will still continue.
Key Points:
1. Support level: $300B.
2. Invalidation point: Price below $300B.
3. Bounce back range: $370B.
That's it from my end. More updates on this in the coming days.
Trade safely.
Total3
ALTS and Predictive ModelsAnyone who follows me knows that I sometimes color outside of the lines regarding my application of tools for predictive means BUT, they sometimes work. Again, I use TOTAL3 because of my personal aversion to ETH and all things ERC20. I've NEVER had good experiences with that and prefer faster, cheaper methods to move around the crypto space (ahem . . XML . . yatta yatta )
Some reasons to support my rationale here :
1. Historical price action
2. A still highly speculative nature to crypto and the ridiculous parity it has with the S&P (standard piss)
3. More talk re: centralized CBDC's and the belief that the globalists would love to just push the delete button on everyone's personal wealth ("You will own nothing and be happy" . . F.U. Klaus)
4. At least one more flash wick liq before moon
The time frames might not be 100% but I think are reflective of larger market forces real word possibilities.
I like high, conservative probabilities and use DCA strategy ALWAYS, never shoot my wad even if it means missing massive gains. I'd rather make smaller, consistent gains than risk losing 1/2 my port on an overly leveraged position, not worth it and I've seen too many traders get liq'd never to return again. Makes for a much friendlier public chat here, despite if having gone into the trough in a massive way.
As always, this isn't investment advice, simply analysis for you to do your own research.
Stay frosty my friends!
ALT Coins & Predictive Models IIIf you go back to my previous idea for TOTAL3, you'll see that I had "eye-balled" a pitchfork (downward) to show a channel that I figured we would eventually take. I may not have gotten 100% accuracy on that fork but it was obvious (to me anyway) that we had some serious correction coming. That fork has proven itself after all.
So welcome to the next leg of the bear market, even if the plunge protection teams get in there and attempt to prop things up, bear markets are NECESSARY and deep corrections are EXACTLY what we need in order to shake weak projects, weak hands, hopium, hype and all the scams from our midst.
What has value is worth paying for and owning, the rest will vanish (assuming a free and generally un-tampered market, which we don't really have)
Enjoy the interim relief rally here but don't hold your breath for 90k Bitcoin and ETH, it still pretty much sucks, it's expensive, slow to transact and mostly a pain in the arse to work with.
* * * Not Investment advice * * *
Total 3 bullish pattern emerges This fractal pattern from 19-20 has so far repeated perfectly. The only move left is the explosion upwards into new highs. The whole move is now being followed by a spike in volume . Let's keep an eye on it and see where it goes.
This is not investment advice and you shouldn't take it as such. It's an observation and it's for educational purposes.
Thank you
'WeAreSat0shi
Total 3 has bottomed and it's bullish!!According to the RSI the total 3 market that excludes BTC and ETH seems to has bottomed above it's rising trend line and is showing a hidden bullish divergence.
Does this mean a massive altcoin season is coming ? Possibly. I'll explain why.
This market cap includes stable coins . So it includes stable coin growth as well.
I think it needs to be followed and see where it progresses before we can make a proper assessment of it.
Total Crypto Market Cap Monthly chart looks Amazing!Total Crypto Market Cap Monthly chart
can you see how this is super bullish? Look
at the Ascending Bullish Trendline holding
support perfectly. The DeMark9 Indicator
is showing that there is a super high probability
that the enitre Total Crypto MarketCap is at the bottom.
The 100 Day and the Bull Market Support Band
is at the exact same place on the chart. The
monthly candle only needs to get above and close
above the green line and Bull Market is back in action.
Im looking for us to get there in the coming 30-90 days.
#TOTAL3 #CRYPTO Market Cap to lose over $100 bIllion DollarsWe are in the process of breaking down any hour now!
Inverted chart is shown.
(In my view --- just an educated opinion by a experienced market speculator)
This would account for it being a near 50% haircut on the #crypto market excluding #BTC & #ETH
This last down move could be sickeningly violent and really push out many participants unfortunately.
We all can't make it speculating, that would imply a fake market.
Profit come from other peoples money unfortunately.
What #ALTS are you holding, and i will scan the chart for you upon request.
#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.
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.
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.
I would also love to know your charts and views in the comment section.
Thank you
Total Crypto Market Cap Monthly chart looks to have hit bottom. Total Crypto Market Cap Monthly chart
can you see how this is super bullish? Look
at the Ascending Bullish Trendline holding
support perfectly. The DeMark9 Indicator
is showing that there is a super high probability
that the enitre Total Crypto MarketCap is at the bottom.
The 100 Day and the Bull Market Support Band
is at the exact same place on the chart. The
monthly candle only needs to get above and close
above the green line and Bull Market is back in action.
Im looking for us to get there in the coming 30-90 days.
#TOTAL MARKET CAP LOOK BULLISH!!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.
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.
I would also love to know your charts and views in the comment section.
Thank you
TOTAL3 looks prepped for a launch anytime?TOTAL 3 weekly chart:
The Long yellow rectangle support box may
be the most important support in the entire
Market as a whole. When there is around 19,000
Alt-coin projects relying on BTC holding and this
huge monster support box holding, this is Do or
Die...Im confident in the coming 300 days,
we will see all time highs in the TOTAL 3 market.
The Green $2.674 Trillion is my Super bullish
prediction coming from measurements. and the
smaller yellow rectangles are the falling bearish
support boxes....lets hope we dont see the candles
fall lower. The RSI has never been this OVERSOLD, we honestly should be moving up
bc we are in uncharted territories and sentiment should change.
TOTAL 3 weekly still looking bullish overallTOTAL 3 weekly chart:
The Long yellow rectangle support box may
be the most important support in the entire
Market as a whole. When there is around 19,000
Alt-coin projects relying on BTC holding and this
huge monster support box holding, this is Do or
Die...Im confident in the coming 300 days,
we will see all time highs in the TOTAL 3 market.
The Green $2.674 Trillion is my Super bullish
prediction coming from measurements. and the
smaller yellow rectangles are the falling bearish
support boxes....lets hope we dont see the candles
fall lower. The RSI has never been this OVERSOLD, we honestly should be moving up
bc we are in uncharted territories and sentiment should change.
TOTAL3 is looking very bullishTOTAL 3 weekly chart:
The Long yellow rectangle support box may
be the most important support in the entire
Market as a whole. When there is around 19,000
Alt-coin projects relying on BTC holding and this
huge monster support box holding, this is Do or
Die...Im confident in the coming 300 days,
we will see all time highs in the TOTAL 3 market.
The Green $2.674 Trillion is my Super bullish
prediction coming from measurements. and the
smaller yellow rectangles are the falling bearish
support boxes....lets hope we dont see the candles
fall lower. The RSI has never been this OVERSOLD, we honestly should be moving up
bc we are in uncharted territories and sentiment should change.