Totalmarketcap
Total Market Cap Hello guys.
Total market cap is moving in a falling wedge and also back at it's strong horizontal support, from where we've previously seen a decent bullish move after retest.
Here a bullish move is expect after a successful breakout with some bullish candle closes above resistance level of falling wedge.
If Total market cap breakdown the horizontal support, then we can expect a move towards the lower marked demand zone. Total market cap is moving in a falling wedge and also back at it's strong horizontal support, from where we've previously seen a decent bullish move after retest.
Here a bullish move is expect after a successful breakout with some bullish candle closes above resistance level of falling wedge.
If Total market cap breakdown the horizontal support, then we can expect a move towards the lower marked demand zone.
💥Crypto Total Market cap - Pump or Dump?#CRYPTO (Update)
Price got rejected at 1.176T and it’s approaching a weak trendline which can make the market dump.
Also, price can pump and break 1.23T zone and continue to rise.
Let’s wait and see how market will play out.
In the meantime, kindly share your opinion in the comment section about what we should expect this week, a pump or dump?✍️
Not a financial advice🙅🏼♂️
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Head and shoulders to watch out for on total crypto market cap.Right now price action is currently testing the neck line of a head and shoulders pattern that, if validated, could wipe 250 billion off the total crypto market cap. We can see its been stiffly rejected recently by the 1 day 50ma…in order to avoid validating the h&s pattern, it is crucial to flip this 1 day 50ma back to solidified support. There is a lot of fearmongering recently about a bunch of bt coin being released from Mt. Gox that could get immediately dumped on the market…something to look out for as it is a moment like thaat that could lead to a pattern like this triggering. However for now there’s still a chance this could be a fake out. Will have to wait and see, but we should know soon enough. *not financial advice*
Bitcoin - 4 Reasons to be BULLISHHi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Let's break down the 4 Technical Reasons why I am bullish on Bitcoin for the NEAR TERM (not short term) :
1 ) Bitcoin has been trading in a trend under the 50 day Moving Averages for 248 days. This indicates that the market is due for a correction towards the upside - back above the 50 MA. Now this does not necessarily mean that it will immediately turn bullish, but it is a good 25% increase that is relatively low risk to reward ratio.
2 ) The Candlesticks on the chart has been making higher lows, this is always a bullish sign especially in higher timeframes.
3 ) The Phoenix Ascending Technical Indicator together with Fibonacci Bollinger Bands is showing signs of a possible increase to $29k from a one week perspective:
4 ) If we take a look at the TOTAL chart / total cryptocurrency market cap , what we can see the potential for an Inverse Head and Shoulders Pattern to form. This means that for the short term, there is still possibility of multiple drops but we are trading close towards the end of the bearish cycle :
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TOTAL Marketcap analysis
TOTAL_Market-cap :
It seems that the market can still grow a little
But we need to break the trend line
to move towards the above goal
You can see that the price has reacted to it once
If the trend line is broken
We will have a good recovery in AltCoins
And we can make a good profit
But its prerequisite is breaking the trend line.
3/3 times this was a good time to buy crypto. Is now the 4th...?Playing around with statistics and probabilities... Some people seem to believe in RSI and stoch RSI indicators (overbought / oversold markets). Especially when combined with powerful price action such as resistance and support levels. Such confluences seem popular statistical signals to buy or sell the market or at least start a DCA process.
Let's check what it suggests this time - and remember "past performance does not guarantee future results". ;-)
The total crypro market cap seems to have retested a significant level: 2018 Jan all-time market top. That level was broken through only several months later and the price never came back down to retest this level. Until the recent past few weeks. It is said that new All-TIme-Highs need validation via retesting previous All-Time-High levels before heading even higher. Now this has happened and the price has held above this level - so far. We are also below another important historical support (now turned into potential resistance). So the break of the down-trend has not yet been confirmed by price action.
However, statistics-wise this was a good time in the past to invest in crypto and hold it for new ATHs. 3/3 times such a low RSI and Stochastic RSI level confluence has proven a good time to buy crypto (mainly BTC of course, not the exotic meme coins that are nowhere to be seen today). What do I consider low? Both the weekly RSI and weekly Stoch RSI moving below the lower extreme threshold (their respective colored areas) at the same time. On a closer look, the weekly RSI + Stoch RSI confluence also worked when the RSI value was between 27-37 while the Stoch RSI was at extreme low levels.
So I bought some strong crypto now and will see the results in a few months. I never use up all my free capital, neither should you. Alwayss keep some gunpowder dry just in case history invents new statistics. ;-)
TOTAL 3 weekly still looking bullish overallTOTAL 3 weekly chart:
The Long yellow rectangle support box may
be the most important support in the entire
Market as a whole. When there is around 19,000
Alt-coin projects relying on BTC holding and this
huge monster support box holding, this is Do or
Die...Im confident in the coming 300 days,
we will see all time highs in the TOTAL 3 market.
The Green $2.674 Trillion is my Super bullish
prediction coming from measurements. and the
smaller yellow rectangles are the falling bearish
support boxes....lets hope we dont see the candles
fall lower. The RSI has never been this OVERSOLD, we honestly should be moving up
bc we are in uncharted territories and sentiment should change.
#TOTAL MARKET CAP 1DAY 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 for all, thank you, guys.
TOTAL MARKET CAP ANALYSIS:-
Total market cap rejected after creating a higher high and couldn't able to give a close above resistance trendline and came back to the expected retest area, where ascending trendline is also acting as a support.
A bounce can be expected from here and bullish confirmation is a successful retest above the upper marked resistance trendline and a fail retest might result into further correction in the market.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
TOTAL MARKET CAP IMPORTANT UPDATE MUST READ!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
TOTAL MARKET CAP UPDATE
In the last 2022 February, the total market cap made a bearish flag pattern and breakdown this pattern and dropped up to 37%.
In 2022 May Total market cap made a bearish pennant pattern and broke down and dropped up to 37% again
As you can see from the chart or absorb in the chart that now Total market cap again makes this bearish flag pattern but the breakdown is not yet done if it breaks down this pattern we can drop up to 37% again.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
TOTAL D4: 50% correction warning S/R broke down(SL/TP)(UPDATED)Why get subbed to me on Tradingview?
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TOTAL D4: 50% correction warning S/R broke down(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: TOTAL D4 chart review
::: updated/revised outlook
::: expect cycle low near 400 bln USD
::: 88% correction in progress now
::: weakness will last for 4-12 weeks
::: LOG SCALE chart
::: not a great looking chart
::: price contained within channel
::: S/R was re-tested and we are still flushing
::: price/ RSI div very clear on D1/ WK TF
::: expecting correction mode until SEPT 2022
::: sequence of lower highs: BEARS
::: 1T was critical key S/R level already
::: broke down so expecting further losses
::: 40-60% correction possible next
::: 4-12 weeks until Sept/Oct 2022
::: right now no upside in this market
::: position traders should wait for
::: better entry prices later after
::: correction MODE up next
::: be careful don't get caught up in this
::: also overextended right now
::: BULLS remain on sidelines and
::: be ready to BUY LOW later
::: recommended strategy: SHORT SELL RIPS/RALLIES
::: TP BEARS is +50% gains - TOTAL 400 bln USD target
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: BEARS/CORRECTION
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Reversal rising wedge in the 4h, 12h & daily , Target is 18k
A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. When it is accompanied by declining volume, it can signal a trend reversal and a continuation of the bear market.
TOTAL Crypto MCap - Many Bearish ConfluencesThe TOTAL crypto market cap chart is showing very heavy resistance from multiple indicators and trendlines. The bottom may be in for crypto, but since this is the first back test of a S/R flip, that would mean a correction to retest support before moving up is most likely.
Bearish Confluences:
1 year long diagonal trendline
24 EMA on Weekly
Weekly RSI downtrend
Horizontal S/R flip
Previous S/R flip
Inverse Cup & Handle
Bounce resistance plotter
Daily overbought
Rising wedge on daily
My prediction is we see a confirmed rejection here and retrace and revisit the lows at 850B, where we have 200 Weekly Support and is also the target of the Rising Wedge pattern. If it holds, then we may see a breakout of these resistance levels.
What's up about crypto market cap. TOTAL CRYPROCAPHello my friends. This is an update of previous analysis (blow link), The bars filled the second box as expected, and then will come down again. a lot of liquidity is needed to break the top of the box in this week, consider it.
Good luck.
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