Totalcryptomarket
TOTALTOTAL
TOTAL is the total market capitalization of all cryptocurrencies.
On the chart, after a long accumulation since May 2022, we see the first glimpses of growth, as on TOTAL2.
For overall growth, you need to break through the red resistance at 1.281 and gain a foothold above it. After this, we will have the opportunity to take the following targets: 1.434 - 1.63.
There are no large volumes up to the level of 1.63. We are currently monitoring the situation.
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BULLS TIME IS SWEET BUT...The Total Crypto market cap hit 1.5T
The signs has always been there.
But i want to share this tips.
You are going to enjoy bulls but you will pay more to transact and this is why i am looking forward to all the L2/ZK/Op protocol hype and see how all of that benefits Defi/cross-chain transactions.
Will be on the look out for the best L2 solutions during this period!
2 things:-
* speed
* cost
Total Market Cap Analysis: a Bullish Surge!Exciting times in the crypto realm! Total market cap broke free from its 1.200T shackles, signaling a robust bullish wave. 🚀
Breaking Barriers: A Bold Move
Breaking through the 1.200T level was a pivotal moment, transforming a former resistance into a launchpad for further gains.
The Next Horizon: Aiming for 1.500T
Eyes are now set on the 1.500T mark. This significant milestone promises both challenges and opportunities, enticing traders with the potential for substantial uptrends.
Bullish Patterns: Charting the Course
A promising Bull Flag pattern has emerged, indicating a continuing bullish trend. Smart entry strategies are vital, ensuring traders ride the wave effectively.
As we venture toward 1.500T, strategic entries are key. Stay alert, analyze trends, and seize the right moments. Welcome the opportunities, and let’s navigate these crypto waters together!
Happy trading!
Bitcoin Dominance Cheat SheetHi Traders, Investors and Speculators of Charts📈📉
Bitcoin dominance and the rotations between BTC and altcoins can be confusing. Enjoy this easy-to-understand guide to BTC.D , and why it is important to watch alongside with the bitcoin chart.
👇👇👇
BTC dominance is calculated by dividing the market cap of BTC by the total market cap of all cryptocurrencies. If the TOTAL market cap is 1.5 trillion and the market cap of alts increases, then BTC dominance will go down unless the market cap of BTC also increases.
But to really understand the rotation of money between BTC and alts, you'll need a clear understanding of how how market caps all fit together.
Imagine a pie where each slice represents a different cryptocurrency. The pie here indicates the total cryptocurrency market cap of both Bitcoin and altcoins, which can increase or decrease at any given time. In other words the TOTAL chart.
- If BTC market cap increases but altcoin market cap shrinks (relative), the pie stays the same size.
- If BTC market cap increase and altcoin market cap increases, the pie size increase and so forth.
If BTC dominance is at 40%, it means that the BTC slice of the pie chart is 40% of the total size of the pie. The remaining 60% of the pie is made up of all other cryptocurrencies (altcoins).
A pie chart from March 2023:
Now, imagine a new bullish cycle starts across the crypto markets. This causes the market capitalization of both altcoins and Bitcoin to increase. If the market capitalization of BTC also increases, but at a slower rate than the market capitalization of altcoins, then BTC dominance will remain stable even though BTC Price increases AND altcoins prices increase. This is because the BTC slice of the pie is still 40% of the total size of the pie, even though the pie has grown larger.
In other words, the pie has gotten bigger, but the size of the BTC slice has remained the same relative to the rest of the pie.
Here is another way to think about it:
Total market cap: $1.5 trillion
BTC market cap: $900 billion
Alt market cap: $600 billion
BTC dominance: 60%
Now, let's say that the alt market cap increases by $200 billion and the BTC market cap increases by $100 billion. The total market cap would now be $1.8 trillion and the BTC market cap would be $1 trillion. BTC dominance would still be 60%, even though the price of BTC increased because the overall pie has gotten bigger.
Here is an example of how the BTC dominance falls, but BTC price increases:
Total market cap: $1.5 trillion
BTC market cap: $900 billion
Alt market cap: $600 billion
BTC dominance: 60%
Now, let's say that the alt market cap increases by $200 billion, but the BTC market cap only increases by $100 billion. The total market cap would now be $1.8 trillion and the alt market cap would be $800 billion. BTC dominance would now be 50%, even though the price of BTC has increased.
As a summary:
UP: BTC d ominance is increasing, meaning that BTC is outperforming altcoins.
STABLE: BTC d ominance is remaining relatively unchanged. This could indicate price movement on either Bitcoin or Alts .
DOWN: BTC d ominance is decreasing, meaning that altcoins are outperforming BTC .
We see an increase of market capitalization on the TOTAL chart:
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CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL
Total market cap chart Why total is important I hope I dont need to explain. CRYPTOCAP:TOTAL
Possible Targets and explanation idea
➡️Weekly chart. Marked 2 times with trade on indicator moment to SELL and out of crypto
➡️June 2022 was a main bottom for crypto and BTC especial
➡️November - January we are under real value of total
➡️C4L direction showed also November-January whales accumulate aggressively
➡️White zones is depression zones where whales also build average entry for investments
➡️Take profit lines marked by fib levels + take profit indicator before correction
➡️ Correction I think we will see at April-May 2024
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
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TOTAL2 is About to Explode!The crypto market is abuzz with a significant phenomenon - the shrinking of the total market capitalization, excluding Bitcoin (BTC). Contrary to what one might expect, this contraction often precedes a major pump in the world of cryptocurrencies, signifying the potential for exciting price movements. 🌌💥
Unpacking the Market Cap Contraction
Market cap contraction is a fascinating occurrence, one that hints at the complex dynamics of the cryptocurrency market. When we talk about the total market capitalization excluding Bitcoin, we're essentially looking at the collective value of all cryptocurrencies other than the big BTC.
The Compression Effect: A Precursor to a Pump
Why does contraction matter? It's because, in crypto, this phenomenon frequently acts as a precursor to a "pump," a substantial increase in prices. When the total market capitalization of altcoins starts to shrink within a defined range, it often indicates that the market is preparing for a major move.
Anticipating the Upward Surge
For crypto traders and enthusiasts, keeping an eye on this contraction is vital. It suggests that exciting price surges could be on the horizon for the world of altcoins. Such periods of compression often lead to increased trading activity, resulting in significant price movements.
Trading Strategy: Positioning for the Pump
As this exciting market cap contraction unfolds, cryptocurrency traders should consider crafting trading strategies to harness the potential pump. The market dynamics may offer numerous opportunities to capitalize on these upcoming price surges.
Conclusion: Crypto's Dynamic Landscape
Understanding the nuances of the crypto market is crucial, and the market cap contraction phenomenon is one of its fascinating aspects. As we navigate this period of compression, let's remain vigilant, prepared, and ready to embrace the opportunities that a potential pump can bring.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
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Share your thoughts and insights 💚🌐💚
#TOTALmarketcap incl. #btc and #eth @ resistanceHere' s the chart of ALL #cryptomarketcap #TOTAL1 . As you see #index is now at the historical vertical resistance. This is the 3rd testing of this resistance.
- Clear declination will result heavy bloodbath on #altcoins.
+ Clear breaking out with weekly closings will result a new bull era.
NOT FINANCIAL ADVICE.
The Path of HOLDERS" 🌟🚀Hello, fellow crypto enthusiasts! I'm CryptoMojo, the name you can trust when it comes to trading views. As the captain of one of the most vibrant and rapidly growing crypto communities, I invite you to join me for the latest updates and expert long and short calls across a wide range of exchanges. I've got your trading needs covered with setups for the short-, mid-, and long-term. Let's dive into the charts together!
I've dedicated my time and effort to crafting this chart, but remember, what you see here is crypto insight, not financial advice. 🚀💰 #CryptoMojo #CryptoTrading
HODLers, Prepare to Conquer! 🌟
While the Bitcoin rollercoaster may seem to have reached its lowest point, the thrilling journey through the crypto wilderness is far from over. Right now, we're venturing deep into the captivating Accumulation phase, a realm that demands not only Patience but also Courage as our guiding stars. 🌲💫
Now, let's turn our attention to the tantalizing world of #Altcoins, where on the majestic canvas of higher timeframe charts, they're poised for nothing short of a spectacular breakthrough. As we gaze ahead into Q4, all signs point to a bullish adventure for these altcoin gems. 🚀📈
In this bustling and often clamorous crypto realm, here's your compass: Accumulate your treasures with the shrewdness of a seasoned collector and hold them with the unyielding resolve of a true champion. Tune out the distractions, and cling unswervingly to your long-term vision. 🚀💎
In the grand tapestry of the crypto cosmos, rest assured, your steadfast Patience will soon be showered with the rewards you've envisioned. Keep the faith, for the best is yet to come!" 🌌💰 #CryptoHODL #LongTermGains
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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Crypto long cycle indicatorI cannot take credit for this. I believe I saw this basic layout posted on Twitter by Will Clemente some time ago. I just re-created it myself so I could have the ability to watch in real time the larger crypto market cycles with this indicator.
It is the market cap of stable coins USDC and USDT added together in parentheses (USDC+USDT) divided by total crypto market cap on trading view. It ends up looking like (USDC+USDT)/TOTAL as the ticker.
You then use the logarithmic scale and draw parallel lines to hit the approximate market tops and bottoms.
Well, with today's pump to above FWB:31K for BTC, it appears we're just about hitting the bottom line that indicates we're near a market top again for the crypto space for now.
We're in that weird, in-between halvings timeframe, post the year-long market sell-off. I had been making the comparison to 2019's market for some time, and we just may well have seen the top of the crypto space for the year, or are very near to seeing it. I expect a slow grind down from here to the end of the year, it might start to try to rally again just before the halving, it tried to in 2020, but then the whole COVID situation caused a flash crash across all assets. If we don't have a similar catastrophe pre-halving, maybe the rally momentum early next year after a slow grind down for the remainder of this year simply follows through. Then we get the real mania bull cycle ala 2020-2021 all over again for 2024-2025.
That's at least how I see this playing out. If you were smart enough to buy Bitcoin during the December lows, I'd start thinking about taking profits here and wait for it to find another decent supported low late this year/early next year if we are indeed sort-of repeating what happened in 2019.
Double Trouble Ahead with Head and Shoulder PatternsThe crypto market is revealing a worrisome development - not one, but two head and shoulder patterns. The larger pattern has already experienced a breakdown, which paints a bleak picture for the crypto landscape.
This double whammy of patterns hints at a very bearish outlook for the crypto market. Stay cautious and keep a close watch on market developments.
Crypto Alert: Head and Shoulder Pattern Signals 25-30% DropWatch out for a possible 25-30% dip in the crypto market . Experts are pointing to a head and shoulder pattern, often a sign of upcoming drops. This lines up with the BTC target predicted yesterday, raising worries among traders and investors. Stay tuned as the market's next moves unfold.
Crypto Growth: Inverse Head and Shoulders PatternsBullish Signals for BTC and ETH: Inverse Head and Shoulders Patterns Emerge with Promising Targets"
Bitcoin (BTC) is showing positive signs today, as an inverse head and shoulders pattern emerges. The successful rebound from the 29,500 USD resistance level indicates a robust pattern in full swing, with a technical target set at approximately 30,630 USD.
Excitingly, Ethereum (ETH) is also revealing a similar pattern on its chart, suggesting a potential boost for ETH in the short term. This bullish setup indicates favorable price movements for both BTC and ETH, presenting enticing opportunities for traders and investors. The target for the inverse head and shoulders pattern in ETH is expected to be around the 1954 mark.
Moreover, the total crypto market cap is also exhibiting a similar setup and appears to be heading towards 1.2 trillion USD. The overall market sentiment remains optimistic, adding to the excitement and potential for further gains.
TOTAL (Cryptocurrencies Total Market Capitalization) Analysis Fundamental Analysis:
The TOTAL or Crypto Total Market Cap is an integrated Complete Cryptocurrencies Market capitalization of all the Crypto coins and tokens and it is demonstrated against USD to show the total market capitalization of the entire crypto environment and it can be used for many speculation and hedging purposes in finance and other related sectors.
it can simply interpreted as how much of fiat currencies has been spent or converted to the Crypto assets or how much is the total value of the entire crypto environment is worth presently in Dollars.
by looking at this index and comparing it with the entire worlds market capitalizations we can understand how much more fiat currencies are there in the world to gets converted to the Crypto or the other way of looking at it is how much more time it takes to Concore the fiat world by crypto and decentralized open markets.
TOTAL Chart includes all the Coins and Tokens i.e BTC,ETH...
Technical Analysis:
we can see that, the chart is currently at the Reaccumulation zone of Fibonacci Golden zone and it has formed Bullish Divergence with MACD Lines and Histogram, which is the sign of Bearish or Retracement wave end and Trend Change to the Next Bullish Cycle and start of the next Impulsive wave.
we have specified the Fibonacci retracement levels which can be used as the significant Pivot Points and Support areas where it can be the best Price or undervalued price to Purchase and Invest on.
there total of 3 Targets defined by Fibonacci Projection of the initial impulsive wave followed by its retracement after the Top Distribution.
the 3 Target gets confirmed as the price triggers the 2 TP followed by some retracement and price correction.
Crypt Total Market Cap, Uptrend?This chart shows the total Crypto Market Cap, includes every coin on the market.
The Fib levels are drawn from the Covid Crash to the ultimate November Top. Upon the bearmarket retrace we bounced of teh 0.786 support zone to reach current resistance at 0.618.
There is a clear uptrend forming, now this is nothing to trade with imo, just important to note that this might be an area of support.
BTC is strong and we can clearly see that when comparing to the "Total Crypto Market Cap excluding BTC and ETH"
If there is more downside here i expect BTC Dominance to hit those 52%-55% levels
and ETH dominance to hit 22%-25%
while the Altcoin market will suffer greatly...
I still like the odds and will be swapping some ETH into altcoins once all the economical announcements are made this week and the data is clear.
Will also keep ammo for lower levels.
One thing to keep in mind, its all about perspective, just imagine seeing these levels during the bullmarket. These are the "Ah man i wish i bought then" levels
Total 2 - Altcoins minus BTC TOTAL 2 - Crypto Market Cap minus BTC
Three confirmations for bull status
1. Above 100 week SMA (No where close)
2. Complete 149 weeks in Pennant (Dec 2023)
3. Break above Point of Control (POC)
The 2018 - 2020 fractal is overlaid for perspective only
The Point of Control (POC) is the price level at which the greatest number of contracts have been traded within a volume profile (THICK RED LINE).
This line naturally coincides with resistance overhead.
Its important to recognize that the chart is just a perspective that aims at helping with timing an entry with a good potential outcome. With three indicators backing your trade you would have a better probability outcome. So we wait for the three confirmations to occur. Could you be accumulating sure.... but why would you when we are under the 100 week SMA appear to have more time to burn before a Bitcoin cycle really kicks off never mind the altcoins. Its important to recognize also that this chart includes ETH and ETH has been performing exceptionally well this cycle. I will be completing another chart excluding eth in coming days.
I hope this chart helps you time your trade and your positing into altcoins, when the time is right, when we have confirmations and the wind at our back.
PUKA
TOTAL MARKET CAP ANALYSIS!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
TOTAL MARKET CAP ANALYSIS UPDATE:-The total market cap is moving in a long symmetrical triangle. Currently, it has bounced off its trendline support. The RSI is in the oversold region and is showing a bullish divergence.
A bounce off the trendline support and a solid breakout of the descending trendline will confirm a strong upward move. In case of a sustained breakdown of the ascending trendline, the market is expected to decline.
The MACD crossover is showing a contraction phase. A solid breakout of the symmetrical triangle will confirm the extension movement in the market.
The total market cap is above the ascending trendline support and trading inside the Ichimoku cloud. Volume is very low and the price is in the contraction phase.
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