TOTAL2 Structural Similarities Early point in TOTAl2 evolution is showing similarities to the structure that is forming now on TOTAL2
This may be an indicator that market cap is going to go ballistic like it did in early 2016
Lets see what happens.
Totalmarketcap
TOTAL MARKET CAP - LONGThis is the idea I have for Total Market Cap
Long up to 1.109T, then 1.125T and then 1.155T
CRYPTO MARKET CAP is completing an IH&S and set a 2.18T target.The Crypto Total Market Cap (TOTAL) has broken above its Bear Cycle Falling Wedge since March and is now about to complete the Right Shoulder of the Inverse Head and Shoulders (IH&S) pattern whose Head priced the bottom.
The 1W MA50 (blue trend-line) is the Support since March while the 1W MA100 (green trend-line) the Resistance since May 2022. Standard IH&S patterns go for a 2.0 Fibonacci extension and as you see that falls almost exactly on the 2.17T Resistance (March 28 2022 High). That's at 2.18T and it is our long-term target.
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Is the Crypto total looking to complete the 5th wave?Could we see another leg up for wave 5 completion before the ABC correction?
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Yes it's possible, the market cap could make it's local blow off top and get a re rejection off the 200 3day MA. The mechanicals are lining up for a "possible" move. We wait for the confirmation as there is non yet. The RSI would have to get above it's mid ranging uptrend line with a possible short term break above the top, and the Stochastics would have to make a strong move up. The first glimmer is the Stochastics and there is no confirmation yet.
The Sentiment Oscillator is showing clear bear divergence but it doesn't mean that the final wave isn't possible.
So far this is a text book Elliot wave pattern. It even has a deep wave 2 correction which then usually means a shallower wave 4 correction into the blow off wave 5, and then the eventual A,B,C correction.
We wait and see... signals need to confirm.
Thanks
WeAreSat0shi
TOTAL ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the TOTAL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Fear and Greed hints for local top $total totalmarket capAs bulls run and cheers, cautions might be wise, there's a probablility we'll see a correction anytime soon. (june
TOTAL2 - Rejection at .236A bearish idea for TOTAL2 showing a rejection at .236 fib
This allows another trend line to be completed at the same time
Market cap would drop to about 300B as shown with the price label
NEOUSDTHey my dear friends
I hope you will enjoy your days
this analysis for who Are online
first entry low volume and next one with more volume with risk management
thank you all
The REAL Crypto HALVINGWe are going to have a few weeks of down only and there is nothing you can do about it.
Half of the crypto marketcap is going to vanish in a quick tempo before things start looking bullish.
Buckle up!
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.
Hit the like button if you like it and share your charts in the comments section.
Thank you
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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Total capitalization of ALTsPotential inverse Head and Shoulders, in case of breaking up resistance, we will observe pump and growth in the market
Not a financial advice
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
TOTAL2 - Rounded TopA Rounded Top structure on TOTAL2
This rounded top will result in an upward movement once completed within the channel
I have plotted an example upward movement with the bars pattern tool in green
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.
TOTAL2 Move up within ChannelBars pattern placed shows a bull move up channel towards the top
I do expect a little dip first but then the bulls to return
current update thoughts on the market cap chart
TOTAL CRYPTOCAP 35% LongFrom previous low 1,1 T i am expectiong 45% UP
The lowest target is bottom of yellow box, highest target is top of yellow box
Stop is a white line
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
