Crypto blow off top or bearish wedge?A blow off top or will we form a bearish wedge?
Bias is towards the blow off top to finish off this bull run
Totalcap
TOTAL2 Giant Bullflag IdeaIf you take a closer look at the purple ribbon it looks like the bear market has formed a massive bullflag
Seems very coordinated
Looks nice though not gonna lie
When lambo?
Included key fib lines for a bullrun
TOTALMCAP looks bullish 1H, 4HOpen moving averages is when they are structured in this order, descending - 50, 100, 200 MA
During these periods of time bullish activity is often highly favored
A few golden crosses can also be identified on TOTAL2
I still think the TOTALMCAP is extremely bullish throughout 2021
Bullflag TOTAL2On the weekly chart a bullflag has formed and seemingly is breaking out
TOTAL2 is the altcoin market
I recommend ETH for an alt buy, the NFT craze might produce some results for ETH
Lets go, HIGHER!
Here is where I think the market will TOP
The bulls return - altmarketTOTAL2 has been rejected bullishly at the 50MA on the daily chart
While OTHERS has been rejected bullishly at the 200MA on the 4Hr chart
Observation post
TOTAL2 Possible supportPrevious bounce can be seen on this fib ma line,
bounce may occur again
this is the 4H chart
TOTAL2 RSI suggests bear trapAn idea using the RSI indicator
If this pattern reemerges we are only in the beginning of the move
I hope its a bear trap xD
TOTAL2 Vs TOTALOne looks quite bulls
while the other looks a bit bearish with the double top in action
Good time to buy up some alts
Bull run idea TOTALWe are still in the very early stages of the bull run
this is the totalmarketcap chart which includes bitcoin,
All ff assumed growth continues
Where is the TOP for the market? Using Fibonacci time and identifying base structures we can use this tool to identify when the next top will be
0.618 was favored in the last bull run as a top point and will likely be favored again
This top aligns with June 2022, so we have a lot of the bull run left
I haven't assigned a top point because this could absolutely m00n, and just knowing the time is enough imo
I have done a lot of research into TOTAL2, here is some of my previous ideas
Uncanny Similarities TOTAL2Using True Strength Indicator to display similarities
Comparing last bull run to possible and likely future bull moves
Looks really good so far
Let me know through message or in comments if you would like a link to this indicator !
The Cryptocurrency Bullrun has Alot LeftComparison between TOTAL and TOTAL2
A heap of room to grow
Making assumptions based on the previous bull run
#totalmarketcap #dailyHi guys..its the latest analyze chart of #TOTALMARKETCAP in Daily time frame.if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Evaluating the Bullruns StrengthIt can be seen within the present bull run that BTC is outperforming ALTS (Aggressive Alligator Spread)
While in the previous bull run ALTS outperformed BTC to a degree (Aggressive Alligator Spread)
What is the cause for this changed?
Possibly the introduction of larger institutions entering into Bitcoin, but something tells me its the saturation of the altcoin market that has allowed for this to occur. More altcoins = dispersed opportunity.
Comment your thoughts below,
I'll link the Alligator indicator below for you guys :D
TOTAL 2 About to breakoutTOTAL 2 has two possibilities and most likely it will breakout on the 5 try.
Manage your positions carefully.
ALTS have more room for growth than BTC2.618 is the target for Altcoins (total2)
2.618 has been reached on TOTAL, which incorporates bitcoin.
I believe we will see a strong altcoin dominance this year
Attaching some of my previous TOTAL2 and TOTAL charts
I am long BCH, AugurV2, Ethereum..
Moving Average Analysis - MCAPFrom these charts we can draw the conclusion that the chart 'OTHERS' is developing the separated three moving averages that can be seen on TOTAL.
A moving average pattern like this can last from months to years.
We can also draw the conclusion that Bitcoin is not completely connected to alt-coins and there is a disconnect between the two. Also we may see OTHERS excel above TOTAL, as it is clear that the chart is at a younger stage of development relative to the moving average structure.
Interested to see how this plays out. Remember, Diamond hands!!
TOTAL MARKETCAP on Important Support!
This is the TOTAL MARKETCAP CHART : Candle closes in the next 1 hour 7 minutes and is currently on the support.
If it holds the 50D MA on this 2 hour chart It's highly likely that the whole market will bounce back.
Do hit the like button and share your views in the comment section. Follow me for more updates.
#PEACE
TOTAL2 Further researchTOTAL2 seems to be in a bullish trend
further analysis of this uptrend will be done
TOTAL2 possible TOPan idea for the top of the total market cap excluding bitcoin
A previous rejection at 4.618 shows potential for future rejections
This is the next strongest trend where 4.618 can be seen to be a potential rejection point
Market Cap Idea TOTAL2Continuation of the apparent parabolic rise that is occurring
Looks very bullish
