TOTAL2 The PullbackThe pullback exhibited within the bull run comparing to points in the previous bull run
Totalcryptomarket
#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
Hodling my Bullish stance - MCAPOn the daily for TOTAL2 we can see a falling wedge forming and nearly complete, after bouncing off the 200MA
While the MACD is showing signs of a double bottom also
On a larger perspective (right) I have plotted the curves that are relevant to the market and two points that are very comparable
We are experiencing a pullback within a bull market
Hodl
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.
Bullish Signal for Total CryptoTotal Crypto in Heavy Line Support that means Best Long Signal Appear ....
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
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.
Total Crypto Market CapSuch a beautiful channel, look how price reacts off the median in the past. I think we're in Wave 5 now headed for ATH's in the fall. I would probably get ready to take big profits in the fall as price hits the top of the channel. Wave 4 didn't go below wave 1 and we're currently at the Golden Fib Retracement from the Wave 2 low, #chartporn
total crypto marketnew scalp view, the moment we see a buy formation which is not sure to form this month, we talking about july-august probably, we predict another sell to 1.3 trillion total cap or below
TOTAL2 Retest, Likely Further Collapse - PitchforkTOTAL2 Has seen some great growth
there is more to come for the bulls but we are now jus taking a breather and gearing up
at the 0.5 line is a strong and likely point of support for this price action
Being tested as resistance three times, to be tested as a support? It will likely reject upwards and continue with the bull run.
TOTAL2 Food for the Bulls - Dip being boughtThis is a great pullback to catch if you are looking to buy in to one of your favourite altcoins
All of them (basically) on sale!
I have been patiently adding myself
There has already been one bullish rejection along 2618 I expect another to follow, allowing the market to continue pushing new highs
Total Market Cap - A 2017 Fractal TheoryWill we see a 10x rally in the Total Crypto market to $14T in 16 weeks all all time lows in Bitcoin dominance of sub-20%?. Or will BTC hold its own against upstart alt-coins and keep the target for the total market cap to a more realistic $6.5T?
In this study I have pointed to the correspondences with September 11, 2017 to the present and suggested that like the Crypto market of September 11, 2017, there could be only 16 weeks to reach an all time high. In which case, will it replay the rally between September 11 and December 31, 2017,to see a 3.236x projection of the current correction to realise a $14T in total market cap?
The next, lower target would be $6.5T although this doesn't have any correspondence to the 2017 fractal.
The implications for the price of Bitcoin need to be considered with respect to the potential for it to fall significantly against the larger number of mature, alternative projects that are now in existence.
What do you think? 10x or 4x ... that is the question?
Alt market TOTAL2 Retreat in BullmarketLabels corresponding to points on RSI
I expect the next bull run to play out on the RSI similar to the first
TOTAL to move herebouncing off support. heading up 2.7 trillion over 30%
prepare for lift off ladies and gents!
The cryptomarket is just pulling back, chill.well, we hit another high recently, the pull back was coming no doubt proving us that the market is 100% healthy.
it might head a bit lower than 20% at the moment, somewhere around 22% to 23%.
after that the market will head to make newer highs & break another record.
please let me know what you think & also share with me the cryptocurrency you want me to analyze.
like, comment, follow :)
Total Crypto Market Cap - This is the dip to buyIf you don't think crypto is dead, this is the dip to buy, buy and close your eyes, comeback in a month.
AltsMCAP Chart pattern questions Pattern setup for both a head and shoulder or a phat flag to boost the market cap higher
Ill go for the flag
