Total marketcap idea 8 June 2022Price targets for fake out and breakout, majority of crypto enthusiasts polled believe it's a fake out
Totalmarketcap
It's bounce time
BTC.D and Total Market Cap charts bouncing from support to nearest resistance while DXY probably will returen from resistance to visit the first support.
Together what they all tell us?
It's a bounce time for crypto i hope
TOTAL3 is getting primed for a launch again!TOTAL 3 still intact and RSI is showing a tic
upward and this is a great sign. Price still remins
in the gold consolidation box.
TOTALMCAP - Bear Market RallyTwo charts for the TOTALMCAP, on the left excludes BTC
The left chart shows a bottom along 3.618, this may cause a breakout that coincides with a bear market rally
The right further shows this with vertical lines representing bull market and bear market periods, we are currently at the bear market rally stage
This aligns also with the 200MA which should also hodl
BTC Vs XVG Early FormationsBTCUSD formation while it being created in 2014 shares similarities with the current bull formation on Verge in 2022
Following this structure on BTC we all I think know what happened
Will it follow on to XVG? This structure I have also seen across a few other coins.
Promising
#TOTAL MARKET CAP UPDATE 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.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#BTC/USDT ANALYSIS
BTC is making these two patterns in which one is bearish and one is bullish .
TOTAL MARKET CAP is forming bearish pannent in 6hr timeframe
If pannent broken downside then is ready for another 30% bearish wave.
TOTAL MARKET CPA is forming this symmetrical triangle also So let’s wait for a sustain break down or breakout will confirm the next move of the TOTAL MARKET CAP.
Let's see how the market will react in few hours.
Stay tuned
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
support zoneEverything is clear,
we have static support, Fibonacci levels and moving average as a support zone
we have to wait and see reactions...
Crypto Total Market CapJust posting an observation of a drop in total market cap by $300B, as shown in Trading View. This massive drop presumably is a bug, however, it coincided with an irregular uptick pattern just 2 hours prior which brought $BTC higher by 10% in a matter of 10 minutes trading.
Will keep monitoring news and the data stream.
Tether Dominance - Bearish Divergence Current Market Cap - 6.3 Billion
Tether dominance has risen over %284 ever since the market peaked back in November last year.
However, it is starting to show weakness after it made a higher high while RSI made a lower low.
The last time RSI printed a divergence, it signalled the market bottom and money started flowing back into cryptocurrency
We could potentially see a similar move.
The orange line below, represents the total crypto market cap.
What is Tether Dominance?
Tether (USDT) Dominance shows how much percent of the money is on USDT. There is 2 cause of the increase of USDT dominance.
The first is that investors put cash on the market from the outside, which is due to the unfavourable weather in the market.
And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT.
In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed.
Speculative Setup, DYOR. Allow 3-18 Months For all Crypto Ideas.
Credit to @without_worries for allowing use of indicators.
Total marketcap idea 29 June 2022Total market cap got rejected at the upward trending resistance, looks like we will see the $600B price range soon
$600B is my accumulation zone, we could even dip as low as $400B but would not stay there long, this bear market will end soon so make preparations now to take advantage of the situation
BTC Struggles Around $21KBitcoin’s price is currently consolidating above the $20K level. The $17K-$20K range is likely to provide significant support, as it is the 2017 all-time high range, and it could initiate a rally in the short-term towards the $30K area.The price would have to break the $24K resistance level and the 50-day moving average before a potential retest of the $30K supply zone. On the other hand, if BTC fails to gain sufficient bullish momentum and the $20K area gets broken to the downside, another rapid drop towards the $15K mark and even beyond could be expected.
#ALT MCAP $500 billion at critical level.
ALT MCAP is moving towards the 100 MA support around $500 billion mcap.
This is an important level to hold.
A green close above this level could trigger a bullish rally across the market, until it happens we are short-term BEARISH.
Be careful.
Let me know what you think in the comment section. Do hit the like button if you like me to post these small updates.
Thank you
PEACE
TOTAL2 - Altcoin Market Bottom (200MA) TOTAL2 has endured most of its bearish activity, with price finally reaching the Weekly 200MA
This 200MA aligns perfectly with the prior 2017 bull run
An entry along this line is optimal
Total Crypto Market Cap Warning!Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Total Crypto Market Cap.
The chart is self-explanatory. The total crypto market cap fell out of the Ascending Channel most recently formed two Bear Flags, back to back. The measured moves are shown in the chart. Though I want to be bullish on crypto, it seems there is still strong downside pressure with the measured moves still intact.
My last Total Crypto Market Cap warning:
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Total marketcap idea 27 June 2022Total marketcap idea 27 June 2022 - Will likely hit $600 billion range before market takes off
TOTAL CRYPTO CAP risk big downside if 1T not recovered soonTotal crypto market cap broke below 1T cap into a big blank space with almost no support till 380 zone. If the 1T mark is not quickly recovered on the next few weeks, more bad news is coming for cryptos.
Not trading advance
Crypto TOTAL MARKET CAP (Watch Level 966867000000)Wait for a close above 966867000000 level on the Crypto TOTAL MARKET CAP. Watch for buy signals in the cryptocurrency market after a candlestick closes above 966867000000 on the Crypto TOTAL MARKET CAP chart.
📊overview of crypto market(June 23,2022)📊Hey ,What's up Guys and Girls !? ✌️
- in this overview I analyzed both 'Bitcoin' and 'Ethereuem' situation and the possible scenarios and also as good as for crypto total market cap , and Tether Dominance !
Bitcoin Possible Scenarios:
1:
2:https://www.tradingview.com/x/hO53n4M3/
&
3:https://www.tradingview.com/x/f43I3YO3/
Ethereuem Possible Scenarios:
1:
and :
2:https://www.tradingview.com/x/J0D137Rv/
Total Possible Scenarios:
Tether-dominance analysis:
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Bitcoin Weekly Analysis 📊 #BTCUSD (BTC)
💹 Time Frame : 1W (Log)
➖➖➖➖➖➖➖➖
🟡 ENGLISH : According to previous analysis, as we said, we needed to wait for the positive reaction to the BULLISH BREAKER BLOCK zone (in the range of $ 14850 to $ 19500) . The price reacted positively to this high-potential range of demand. Note that this upward movement will still need to consolidate and will not be a 100% sign of an uptrend (Bullish Trend) , Because macroeconomic factors show the opposite. With an optimistic view and if the price consolidates above this price range, we can expect growth to eventually reach $ 29,000 and then continue to fall ...!
⚠ This Analysis will be updated!!
➖➖➖➖➖➖➖➖
👤 Trader_Needs
📅 06.222.2022
⚠️ (DYOR)
TOTAL3 is getting even more bullish!look how the Convergence and
divergence with the Price action
and RSI move together...this is an
example of how charts work...we
have never been this oversold...
big things ahead for the ALT coins.
crypto will rise again?Total market cap is on very important support now.
Fibo .786% ret, 200% ext and 100% exp is make a cluster that will send price high again.
on my view, its good opportunity again to enter to crypto market.
Total crypto market 1M timeframes - BTC - BTCUSD comparedHi!
Apparently, technical analysis does not work, but on its basis we can base many future movements, entries or exits. A self-fulfilling prophecy which is technical analysis over the past few years has estimated a pretty good time to jump in and jump out the train.
1. Today I'll will show you what we can infer from the charts - price action, rsi, stoch & some herd noise.
Shortly about indicators - As we all know, these are lagging indicators, but it's pretty good to use them to take wider picture on the market structure.
Here is some thoughts about currently market structure played at historical data with few more tools;
Currently on the monthly chart frame using Fibonacci retracement price get to the 0.786 point -> same as bitcoin chart. - This level is quite important as price action meet the 200 moving average – last several times it was great opportunity to take some expositions at this point assuming long term moves (from the begging of bitcoin history including 1m time frame candles – bitcoin didn’t fell & close below 200 moving average.).
Otherwise in this place total crypto market cap reached “last bubble highs” around 771.5Billion $ of total value.
Bitcoin with this total crypto market value (late 2017) was around 19.875 $ price per piece – same as now was (few hours earlier).
Based on historical facts on last two cycles - last relative strength index topped ( 3x red circles RSI window/ confirming divergence) - around 01 march 2022 - from this point, we will have approximately 730 days until price rise up significantly which can be around march 2024 – 1 month until next bitcoin halving.
2. From example some thoughts I always keep in mind that in crypto it is all base on multiplying your exposition:
-> Since buy at 60k, your path until 100k give you 66,667% gain,
-> Since you buy at 20k, gain will be 500%,
-> Since you but at 10k your profit will reach 1000% - it’s 10x compared to 1,667% when you buy at 60k.
It is very likely that we will see price range 14/ 16k $ for one bitcoin, without excluding deeper dive in short/mid term.
-> From 60k to 20k is 67,67% down/
-> From 60k to 10k is 83,33% down/
-> From 20k to 10k is still -50% down/
Don't catch the falling knives should be appropriate definition if you don't calculate your risk -> nice way to avoid risky entries is DCA - which mean dollar cost average - in other words entry price averaging.
3. Some thoughts about sentiment.
> Positive features:
- BTC as know was never hacked,
- It gives P2P transactions,
- diversifies portfolio - best known digital value,
- long term dolar oversupply (btc priced in dollar) – as we know all of FIAT currency is going to zero over the time – knowing it, we can assume that Bitcoin going to infinity compared to USD - (look BTC starting price ~0.10$),
- on-chain whale accumulation,
- price correction ~75% down – (estimated 75-85% for my attractive range),
- negative social media sentiment, “crypto is a scam” & others,
- fundamental – bitcoin was created by people for people, and its value its created by unforced faith.
>Negative features:
- unfavorable regulations for cryptocurrency (especialy PoW consensus) – including green energy,
- bitcoin sell pression from institutions – cutting the corners - to take over the market* and attempt to liquidate centralized collateraled holdings like Celsius – adding maximal fear,
- uncertain situation on the financial markets, bitcoin will be probably one of the assets to cover other losses,
- as allways, black swans.
4. I'm not saying that bitcoin won't hit new lows and break a long-standing trend, but I think it's unlikely. Im still think that bitcoin is very risky asset with high volatile, but its great opportunity to diversify your portfolio into digital and very liquid assets - inversely correlated to FIAT currencies. This market stays here for longer and it looks like it is repetitive itself.
