Totalmarketcap
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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CRYPTO TOTAL MARKET CAP DALILY HI Guys Hope you well,
On a daily basis, we are seeing a demand zone, but I am waiting to test the Green support level for the third time as well. And then we can see a rapid upward movement.
SecondChanceCrypto
⏰23/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment.
TOTAL2TOTAL2
Analysis
TOTAL2 is the total market capitalization of cryptocurrencies, excluding the total capitalization of BTC.
The chart clearly shows the formation of a bullish wedge. This is a technical analysis chart pattern that usually heralds a future uptrend.
📐A bullish wedge forms when the price range narrows and trading volumes decrease.
Usually, the exit from the bullish wedge occurs upwards, with a breakout of the upper trend line. This signals a resumption of the growth trend.
It is worth noting that you need to use additional indicators and analyze the news background to confirm the correctness of your forecast. Always trade responsibly and with a cool head.
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New lows in July 2023, before ATH in 2024?This chart analysis reveals an interesting pattern in the total market capitalization of cryptocurrencies.
In 2018, we observed a notable red horizontal line that acted as support on multiple occasions, as indicated by the yellow square. However, as the market dynamics changed, this line transformed into a resistance level, denoted by the pink ellipse, preceding a final drop that marked the bottom of the cycle.
Fast forward to 2021, and we find that the same red line drawn on the chart also functioned as support multiple times before transitioning into a resistance level.
What makes this observation even more intriguing is that in both cycles, the red line served as resistance shortly after the halfway point between Bitcoin (BTCUSD) halvings, an event that influences the supply of BTC.
Considering these patterns, it is reasonable to assume that we might witness new lows in the coming months, with a potential black-swan event in July . However, it's important to note that black-swan events are unpredictable and can have a significant impact on markets. It is possible of a correction to near lows of late 2022, without necessarily breaking into new lows.
Following the anticipated consolidation, the subsequent price movement could be faster than observed in previous instances. This expedited consolidation is partly due to the proximity to the next BTC halving in around April 2024, which historically affects market dynamics.
Regardless of short-term fluctuations, the analysis suggests that an all-time high (ATH) in 2024 is likely, with the market continuing to climb higher into 2025. These projections indicate a positive long-term trend for the cryptocurrency market for the next 2 years.
Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal balls here—just a pinch of insight and a dash of caution.
If TOTAL3 repeats itself...I don't particularly believe in fractals etc... however if TOTAL3 (altcoins market cap without BTC and ETH) repeate his previous run in the same time we should see next top at 1.273 trillions dollars. I think it could be higher but let's just stuck with the projection of history repeating itself.
Off course I made the projection assuming the bottom of this bearish channel will be touched again (it means new lows are coming). In that case go watch what price had your favourite altcoins last time TOTAL3 touched ATH (red arrow), assess where do you see it bottoming unless you think it has already bottomed and do a math proportion to understand where price could go.
This is an indicative method to understand which altcoins is more worth to accumulate during bear market.
Good luck
Total Stock Market reveals recession trend lineThe total stock market tracked by AMEX:VTI looks fairly bullish in that we are now trending along post-Great Recession (GR) lows for the upper non-recessionary channel defined since the GR. So if no recession is ahead of us (a very BIG if), things ought to be looking up.
The two most recent recessions each hit the same lowest bound in this two-tiered channel defined since the GR, suggesting that this lowest trend line may mark reliable 'recession resistance' such that it might mark the low point for the next recession. I'm surprised that there is this fairly obvious recession-tested lower bound that I've never seen anyone point out before, so I wanted to share this observation.
USDT.D 4HHi Guys Hope you well
I show you the analysis for USDT.D ,completely against the trend of bitcoin.
SecondChanceCrypto
⏰04/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
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.
Total marketcap analysisAccording to the total chart data, we will have two scenarios ahead:
The first scenario : Increase liquidity in the market
According to the chart data, we are now in a support area marked in green, if this area is maintained, we expect liquidity to increase to the blue areas.
Second scenario: decrease in liquidity
If the blue areas that act as support are lost, we will see liquidity fall to the purple area
My personal opinion:
Due to the failure of the average of two hundred days in the chart and its re-pullback
(blue circles), I predict that the first scenario will happen and increase the liquidity in the cryptocurrency market
A smart trade should always have appropriate solutions
Trade smartly
Price is Fractal - Fibonacci MagicAs you can see, nothing in this market is random. Fibs play a major role. TOTAL market cap is the best expression of this, all other charts are not as useful for analysis of where the overall market is going.
I had to split this into 4 charts to illustrate how price is reacting off significant fib levels (38.2% and 61.8% mainly, but also the 127.2%)
In chart 1 you can see the initial rally retraced perfectly to the 38.2% fib
We then saw a bounce to the 127.2% before a deeper retracement to the 61.8% (as illustrated in chart 2). Note the fib was redrawn from the the swing low to the new swing high.
You can also see in chart 1 the second peak was at the -38.2% of the first FIB drawing.
And the second peak is at the -38.2.% of the second fib drawing..
Fascinating.
Down to chart 3, drawing the fib from swing low to swing high, we see price has currently retraced to once again, the 38.2% and stalled.
We can now assume that a similar thing will occur (a smaller relief rally to 127.2% and a potential dump to the 61.8% before a bigger move higher.
As illustrated in the 4th chart.
There's a possibility we move even higher than the 127.2% and run tot he 138.2% before encountering more resistance
No reason to be bearish yet..In the bigger picture, we are still heading up, we may see a week or two or more of corrective price action, as we have reacted off the 0.382 fib-speed fan as well as the 0.382 fib (nice confluence there), however, ultimately, I do think there's a good probability we rise this year into the 0.618 speed fan / 0.618 fib confluence. This also coincides with a bearish looking dollar
And bullish looking equities.
#Total market cap breakout this Adam and Eve pattern!TOTAL MARKET CAP ANALYSIS
After a good breakout, the total market cap is currently retesting above the neckline of the Adam & Eve pattern. A bullish trend is being determined by the MA 200.
The continuance of the bullish surge would be verified by a successful retest above the neckline. If the retest is unsuccessful, the price will capture liquidity below the horizontal support and bounce after attempting to test the MA 200.
BASIC INFO
Adam and Eve is a bullish and bearish reversal chart pattern that appears in a downtrend or uptrend. The pattern was first mentioned in the book Encyclopedia of Chart Patterns by Thomas Bulkowski, and until these days, it is a relatively unfamiliar classical chart pattern to many traders worldwide.
Stay tuned I will keep updating
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Counting a Pattern An idea that I am using counting this inverted head and shoulders pattern.
I have outlined all the points on chart.
Kind of look at the chart with a slight left tilt to your head and you will see the H&S perfectly.
This might be a bit of an outlandish idea so let me know what you think.
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