📊weekly overview of crypto market📊-in this overview I analyzed both Bitcoin and Ethereuem situation and TOTAL market cap and the possible scenarios
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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Totalmarketcap
TOTAL Market CapFacts taken from the chart:
1. The overall movement of the Cap Market in an uptrend channel
2. The moving average of 200 is an important resistance above the recent candlesticks
3. Resistance levels are drawn in the form of a series of rectangles after the moving average of 200. (Fibozone)
Important: 2 trillion is an important number for Market Cap.
BTC.D/TOTAL Painting A Clear PictureThis has arguably been the most consistent correlation (BTC.D/TOTAL) when it comes to understanding where the price is going for both BTC/Market Cap and I've yet to see anyone else mention it.
The magic 40% on the BTC.D chart is where we are focused. That bottom support has systematically proven to be an indicator of the downside ahead. It is currently 5 for 5 on accuracy.
Usually, when the market is strong, BTC gets the main flow of money into it as both Smart and Dumb money ride the wave up. Then once Smart Money hits their target, they begin to take those profits from BTC and flow it into Alt's. Well, since BTC has bounced off support at roughly $32,000 - we have seen the exact opposite.
Im seeing a lot of "Explosive Alt season", but my question is, at what cost does this come?
Now the question currently is if it actually makes it that low again for the 6th time.
Here I have labeled the exact events that transpired at specific points.
This is a Macro view of where BTC and Market Cap currently are and coincidentally they are both in arguably the most important channels in this cycle and the last cycle that topped in 2018;
Bitcoin:
Total Market Cap:
Hope this helps!
Market cap of alts looks very promising for next weeks/monthstotal market cap .. higher lows... MACD weekly bullish crossover - STRONG signal because of weekly :) keep it eye on that guys... together with btc.dominance chart it is very important to know those dependencies and overall market conditions :)
TOTAL | H16 | Technical AnalysisHello everyone! Due to the intensity of the work, I was absent for a long time, but I came back again...
I studied the Crypto Total chart long term. And most likely, I predicted that the price would go up to the 2,750T level again.
This forecast will most likely come true by July.
Stay tuned!
TOTAL MARKET CAP (Y22.P1.E2).Likely to go down more.Hi All,
#TOTAL #TOTALMARKETCAP
Today's drop was in line with the broader markets. Charts below.
So we seem to have confluence with these markets and its hence wise to watch what they are doing.
I have setup the fib levels on this chart and you can see perfectly aligned.
What is bullish is the MA merging to cross over and has confluence with the fib level for strong support.
We have:
a) fib, level
b) previous support level \ resistance
c) breakout from a triangle formation which hasn't reached its target
d) Macro indicators on the daily are still strong.
Note when the previous Moving Averages crossed and when happened to the rest of the chart, chart below.
Please give me a like and share,
cheers,
S.SAri
Crypto TOTAL Breaks 2T - Waiting for RetestTOTAL broke 2T, but hasn't reached 52K
- There is an Inverted Head & Shoulders pattern on the TT Volume Indicator
- We expect a retest at the 2T value - this could be around 45K for BTC
- HOWEVER, the 200MA HAS BEEN REJECTED ON BOTH BTC/USD AND TOTAL chart, so we must be careful as this could be a massive Bull Trap
- It's important to watch the TOTAL chart as well as it tells us a story that BTC cannot tell us
Pinch me I must be dreaming...Utilizing retracements, fib extensions, elliot wave, and the RSI we can see that the total market cap for cryptocurrency will likely continue in a short term downward trend. This will likely result in hitting support between roughly 1.59T and 1.55T.
Also waiting for bullish divergence, likely to see this in the coming days.
As a result, I am bullish for my timeframe specifically but this may be an indicator for your unique position. Thank you for any feedback.
Happy trading!
TOTAL CRYPTO-CAP, Paramount Formation With Pennant-Potential!Hello,
Welcome to this analysis about the Total Cryptocurrency Market-Cap on the 3-day timeframe perspective. Many determining factors in recent times have contributed to important developments in the Cryptocurrency Field in the recent times. In this case Cryptocurrency is getting more and more public mainstream attention as institutions as well as old economy participants moving into Cryptocurrency. In this case it is also important to take the technical aspects into consideration and therefore I detected important factors that will alter the whole dynamics in the next time. Therefore I detected the most important formational structures, price-levels, and upcoming determinations to consider here. As when looking at my chart now we can watch there how the Total Cryptocurrency Market-Cap is building this huge descending triangle formation with important supports within the structure and the coherent wave-count from A to C that has been already completed. Now the Total Cryptocurrency Market-Cap bounced within the lower boundary of the triangle and also matched with the momentous ascending trend line marked in blue in which the asset also bounced. Besides that the Total Cryptocurrency Market-Cap is holding greatly above the 65-EMA as well as 20-EMA and there is a high likelihood possibility given that the Total Cryptocurrency Market-Cap from here on shows up with a breakout above the upper boundary of the formation which will activate the further developments. In this case, the first target will be the initial target-zone and when this has been reached and the Total Cryptocurrency Market-Cap has developed strongly enough then the Wave-C-Extension-Target-Zone will be the next target to be pointed, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
TOTAL2 finding new range 🕋Greetings,
What is total2? TOTAL2 shows total market capitalization of the top-125 cryptocurrencies, excluding Bitcoin.
Both total & total2 are extremely important tickers on TradingView to use as analysis tools and general understanding supply and demand within the markets.
Another chart I like to use it when assessing TOTAL & TOTAL2 is the 1YR HODL chart. You can see with the picture below that the HODL Wave typically declines as BTC price increases; and rises when BTC price decreases. This could be used as as an indicator to time market entry/exit.
1YR HODL WAVE
Remember, nothing is guaranteed, control the controllables.
Mogues
IMPORTANT TO WATCH FOR THE WHOLE CRYTPO MARKET!!!THIS IS REALLY IMPORTANT. I would like to show you this analysis of the entire crypto market. As you see on the chart, I have drawn an important zone: The Golden Harmonic Zone. This zone is based on the AB=CD patterns, as you can see there.
What is very important is that if that zone that is there, fully gets respected, then that area could be the high for the next few weeks if you expect an even longer bear market (possible crash).
If you would see this as a short setup, you would have to wait until she respects that golden zone and then go below the 1.965T mark with a daily candle and we close below it. THEN YOU REALLY HAVE TO BE CAREFUL BECAUSE GOD WHO KNOWS WHERE WE ARE BEACHING DOWN. If that happens, it is better to take short positions. Remember: buy low, sell high.
These things are the financial markets: everything could happen and can be possible!
KEEP IN MIND: THIS IS A BEARISH PERSPECTIVE/SCENARIO OF THE MARKET. NO LONG SCENARIOS HAVE BEEN COVERED IN THIS ANALYSIS!!!
𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 𝙨𝙪𝙗𝙨𝙘𝙧𝙞𝙗𝙚 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙!
Thank you and have a good one
A clear Roadmap for crypto TOTAL market capHello my friends...
today i'm going to show you future roadmap for TOTAL chart.
as you see in chart, it broke downtrend and has been supported by our curve trend. now it has to hold triangle until breaks daily bear base and get full bullish. now it is fighting with Ichimoku leading span B and Ema200.
TOTAL Massive bullish wedge breakoutTOTAL has broken out of a contracting bullish wedge maintaining bullish market structure on the weekly HTF.
Price action has put in a new HH on the 3d chart with bullish divergences on the RSI having taken support on the MA and breaking out of downtrend on RSI and MACD showing signs of bullish momentum coming back into the market. MACD converging and showing an upcoming crossover.
Price has corrected into a weekly demand zone where its rejected the zone with buyer intension before creating bullish market structure and reversing.
Inline with USDT.D and USDC.D, the charts are looking great for a reversal here for the full market.