A Major Trend Reclamation TOTAL2A major trend being reclaimed on the altcoin market
Similarities can be seen to the prior reclamation of the same trend line (in yellow box)
We are in for some more bull action..
Totalcap
TOTALMCAP GapsWill the gaps be filled in the future with a massive bubble pop?
Or will they remain unfilled
Time will tell
Two different stories TOTAL2The log chart suggest incredible further bullish movement
While the standard chart displays a possible top formation comparable to the previous bull run
Which one do we trust?
Total Market Cap - Correction? Hi, this is my new update for total market cap exclude BTC. In the last 3 weeks Total2 has risen more than 75%. We are now in a critical moment, that can give us a 30% correction. If we look at the green ellipses, then we see that every time we have risen 60-70% like a straight line, then we have had a correction between 25-35%. Don't be sad, because corrections can give us a healthier upside. I expect there is only one way to skip the correction move and that is if we clear the 70.2 % retracement level and the resistance level 1.145T, then we are good to go, otherwise we are going to see a small correction. Be patient and don't panic ;)
#TOTAL CRYPTO MCAP in Danger Position! Here's Why...Welcome to this quick Sunday 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.
Let's get to the chart.
This is the total crypto market cap chart.
It's very important to follow this chart in order to understand the overall trend of the crypto market.
W have seen almost third consecutive bullish candle for BTC in weekly.
IMHO BTC needs some pullback including many other altcoins too.
I've said this before
No one got rekt by taking profits.
Although there's a chance that BTC could hit the 48k straight that won't be sustained for long.
In this chart, the mcap is hitting the most important resistance level.
If this resistance is broken and we get a daily close above the 1.84 trillion resistance (the red zone) It's highly likely we will hit the 48k -49k level on or before 15th Aug 2021 in BTC. The whole market will pump together.
The support remains from 1.53 to 1.67 trillion.
What's your thought on this?
Do hit the like button if you like this Analysis and share your views in the comment section.
It takes a lot of time and attention to create this educational content for you all to understand the market and take your trades wisely with the right information! Hit that follow button if you haven't yet.
Thank you
#PEACE
TOTAL2 Where we get super richThe covid run and post covid run completed
The formation that has been described as a 'bear market' is finally breaking out to the upside
I can't wait to see where this heads
This is the alt coin market
June 2022!
Total Marketcap breaking out...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.
Let's get to the chart.
The total market cap chart looks really bullish here after breaking the $1.4 Trillion resistance level.
By the end of this week if the Total market cap closes above $1.68 trillion it's highly likely we will see a rally towards $1.77 to $1.8 trillion which will eventually push the whole crypto market. Both Altcoins and Bitcoin will pump together.
This is a very important chart that only a few people who always want to stay ahead use.
The structure exactly looks like BTC at 36k level.
INVALIDATION: Weekly close below $1.41 trillion.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Time to enter altcoins slowlyHello Traders,
I just published an idea on June 11 and warned you about the upcoming downtrend on altcoins. And, it happened. Now, it's time to enter altcoins slowly because we will see a bounce up to 50k on Bitcoin soon.
Reason: 38.20% Fibonacci reversal level (~593B). We had a bounce up from the 38.20% fib level so far.
Please like and share the idea.
Thanks.
TOTAL2 RepeatAltcoin market cap similarities obvious
Critical point approaching
will it turn out as last time? (2)
TOTAL Where we are at in the bullrunSimilar pullbacks in red
Green line is the major trendline that is holding
We are currently moving through a big fib area, which I do not think is an appropriate Top
Commence Phase 2 - TOTALAn idea for the TOTAL market cap
Phase 2 is a more aggressive bullish stage in comparison to what we have recently seen
Similar structures in green
Points of confluence in red
#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
TOTAL2 The PullbackThe pullback exhibited within the bull run comparing to points in the previous bull run
#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
OTHERS MCAP, Emphasis on June 2022Many of my charts are suggesting a June 2022 end to the bull market
Similar price points can be seen at .618 and 1.618
The curved pattern is pretty cool to observe, I wonder if it will continue further upwards
We are currently in the green circle, a pullback after a bull run, preparing us for the bigger second phase bull run, which is plotted after the green circle
This chart above also suggest June 2022
Mess with the Bull.. you know the restThe TOTAL crypto market cap is consolidating above the 1.618 Fibonacci level, assuming the trendline i have drawn is the strongest possible. This is a dip, and should be treated like one, calmly and bought up ASAP.
You can also see on the Gaussian Channel indicator the bear market stretches were similar in time sense both being around ~280 days.
We have a lot more coming, believe.
Altcoin MarketCap is Supported TOTAL2Hoping for a power move through 0.5 (green channel) as not much resistance has formed there in the previous bull run
this isn't over..
The bear market retracement shows that price is currently support at the 1.272 level
Bulls have lead, it is nicely disguised however
Optimism TOTAL2Will the bounce off .786 continue?
Would be cool to see this thing extend a bit further than a trillion
Always remember to zoom out :D
This is the daily chart
TOTAL MARKET CAP - Head and Shoulders Head and shoulders Bottom
Overall performance rank (1 is best): 13 out of 39
Break even failure rate: 11%
Average rise: 45%
Throwback rate: 65%
Percentage meeting price target: 71%
The above numbers are based on 3,197 perfect trades.
Make or break bulls TOTAL2Altcoin market,
this is the point where bulls need to stage a reversal
if not the larger Head and Shoulders structure will result
