Totalcryptomarket
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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TOTAL2 Different Top Scenarios The recent bull market pushed price into a higher high scenario.
This shows that there is still movement upwards left in the pump.
While the 2017 one shows a lower high, a normal double top, leading to a strong bear market.
Perhaps the bear market we are seeing now will be shorter due to this factor.
TOTAL2 Curved Trend The trend that will take us in to the next bull run
This curve is evident since the start of price formation. I have put an extra dotted line to show what it would look like if the curved trend repeated again.
There is a massive difference however in % between the first being (941411%) and the second only being (3500%)
Bullish heading into the third curve up
📈TOTAL3 is ready to rise above dynamic resistance📉CRYPTOCAP:TOTAL3
Hey everyone, first take a look at my previous analysis and positions.
As previously analyzed, alt-season is coming.
Don't forget to risk-free your position.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
TOTAL Crypto Market CapAs with many other Markets, Crypto took a Dive as fears about SVB came tot he surface but as soon as ideas of safty came out, Look how it recovered. This is one of the MAJOR advatages of Crypto, it really is 24/7, trading any day and at any time. Some people Still cannot get their heads around that.
Anyway, Look at the Volume that came in. thats shows Huge amounts of support
But for now, the Rise in PA may need to take a breather as getting overbought on lower timeframes, and yet, given how the markets are, it would not surprise me if PA jumped once more at some point - it really is a matter of Watch what happens and react accordingly.
Fundimentals may emerge that could knock Crypto market heavily, for instance, the Universal Commercial Code (UCC) guidelines update, - that is actually a new law that bans crypto as a "Currency" but paves the way for CBDC's. Be VERY careful about this.
What's up about crypto market cap💰. TOTAL CRYPROCAP 📈📉Hello guys. This is an update of previous analysis (blow link), The chart is very similar to Bitcoin now. After breakout the trend line , I expected some correction as a pullback and complete the pattern then continuation of upward but this has not happened yet and the market needs that ,Consider it and monitor the price's action in the circles.
Good luck.
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Write your comment and opinion here to me
TOTAL MARKET CAP 12Hr UPDATE BY CRYPTOSANDERS
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:-After getting rejected from the strong supply zone, it is now bouncing off the ascending trendline support, where the Ichimoku cloud is also acting as a support.
The MACD crossover is losing bearish momentum, and as long as it holds above the Ichimoku cloud, we can expect a continuation of the bullish trend. While a solid break of the Ichimoku cloud will signal further correction in the Alts.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bullish signs for TOTAL Crypto Market CapA nice simple clean chart showing how the MA's are all beginning to cross Bullish again and the Real Big one we all waiting for is the 50 ( Red) to cross back above the 200 ( Yellow), which, if current paths remain valid, will happen on Thursday 23rd Feb
Also note how PA is now back above the Neckline of the FTX Crash, so recovery is complete.
It has taken a Huge amount of money and weeks of time to get here so expect the chance of a break in events while things cook off for while.
Also bear in mnd, that due to the Bearish words from the FED, the Market may try and push higher before they raise rates but this could lead to a big pull back at a later date, which would not be good
Crypto is at a critcal point again. Watch close and be ready to react, it is open all day, everyday - things can happen anytime
Crypto Total 48k FractalWe have taken liquidity from the last supply area (yellow line) at the top BEFORE the FTX pump
This means all Shorts that have tight stop losses BEFORE FTX DUMP are now taken out.
TOTAL is painting a fractal similar to how it did at 48k
This is concerning, and Long should be very careful here
Crypto total market cap 45 % drop soon. Be ready!Total crypto market cap broke bearishly as Bitcoin did.
We expect a short term bounce and getting rejected at the strong resistance.
Final target for bears: 585 - 600 B
After that we expect the real accumulation face and the new bull market to start.
P.S Don´t get overexcited with a short-term bounce