Totalmarketcap
#TOTAL MCAP, LTF Analysis, Buy levels will trigger soon..Welcome to this quick update.
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The total chart followed our speculated move as shown in the last chart (leaving the link to the previous chart below this analysis).
The formation of the right shoulder is in play.
Likely to retest the blue MA and bounce from there.
This could be the time to start adding some alt positions and DCA while it touches that MA.
Secondly, at this point, the risk will be lesser than 3 days back when you wanted to FOMO in that green market.
Hope you got my point!
You'll find most of the altcoins forming the same structure as shown in this chart.
The same rules apply to those too.
So trade accordingly,
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#PEACE
TOTAL MARKET CAP 12 HOURS UPDATE Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I mentioned in my previous chart the TOTAL market cap is broken the bullish expanding triangle it will come for a retest and it retests successfully
now time to go to the moon.
let's see how the daily candle closes.
What's your thought on this?
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Two scenarios facing the crypto marketThe cryptocurrency market is in a very sensitive area. In the bearish channel of the market, Total is below the resistance range.
The last time the market failed to break up the resistance, it faced a big drop. Now the market is in this sensitive area again. (Left chart)
Two scenarios ahead:
1- If Total can not break up the channel ceiling, the market can experience another fall. Note that dynamic RSI is in the overbought zone.
2- The Ranko chart shows the MACD crossover. this can be considered as an initial bullish signal. To confirm this signal, we have to face the channel ceiling break-up
#TOTAL MARKETCAP! Bitcoins and Altcoins are not done yet!Welcome to this quick update, everyone.
The total mark cap has broken out of the downtrend channel and is currently trying to retest the level.
In my previous chart, I said we need a close above that blue MA line though I expected some early rejections it broke out at once!
We also got a breakout above the downtrend channel after exactly 90 days of consolidation.
I expected a little more sideways action and consolidation previously but the breakout on 4th Feb changed everything.
What are the possible scenarios right now?
Well, keeping in mind this is not a fakeout, we are likely to continue the rally to retest $46k and $53k in BTC but before that, the red zone is needed to be retested for a healthy and sustainable rally throughout the market. This retest could result in some pullbacks in altcoins and BTC ($38.8k to $41k) followed by a 15% rally in BTC.
That will be the best time to enter the market.
ALTCOINS will follow BTC.
This is not financial advice, these are all my own views as per the chart.
What's your thought on this?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
total market cap chart here is the TMC chart we see here that we should NOT break the yellows line if we want to go to the moon. for now I think we going to have regulars flat ( continuing pattern ) but first we going down to touch the below line at ( 1.928 ) first them ( 1.916 ) after that we ready to fly to get more money for our currencies to increase. again please god i hope not touching the yellows line.
TOTAL MARKET CAP 12 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart TOAL is trending around this big channel resistance if it breaks and closes upside this blu line then we can expect a bounce up to 2.12T and if it gets rejected from his level then we have one more support of this green line but for confirmation, we should wait for a daily candle close.
let's see how the daily candle closes.
What's your thought on this?
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Total Crypto Market Capitalization After the dbl correction.... We are in the state of recovery and moving in an upwards movement from here. The Stockmarket should not interfere with the state of Crypto they are two different consciousness this is important to understand in the natural laws that surround us. Each is it's own. One Will Not dictate the other. It is a matter of Natural Law...
[TOTAL CRYPTO UPDATE] I still believe in 10-12T$I still believe we are going towards 10-12T between Sept and Feb 2023 before entering a 2 years bear market until Oct 2024. I then envision the last super long bull crypto market from 2025 to 2029 and then a huge global depression and financial crisis for 20 years during the '30 and '40.
TOTAL 1D UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart TOAL is trending around this channel and from the same downer support line now we are expecting a bounce from the support level
let's see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
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#Total Mcap, Not everyone is watching this!!I'll keep it short unless we see a break and close in daily above this red resistance which happens to be around $1.87 trillion. I don't think we will start rallying.
Also if you look into the grey box, the index got rejected multiple times from the blue line.
It needs to get above it.
If you are too excited with that $3000 candle on BTC, Don't!
Be smart and think twice before FOMO buying anything.
It's better to buy higher with confirmation rather than buying exactly at the resistance!
What's your thought on this?
Do hit the like button and share your views in the comment section!
#PEACE
Total Crypto Market Cap 1W Chart UpdateHello 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 is making an attempt to get back into the Ascending Channel. If it does not get back into the channel, it has the potential to fall down significantly. RSI is approaching the S/R Line and will need to go back above it to continue the move up. Lastly, this is a weekly chart, so please have patience.
Included in the chart: Trend line, Ascending Channel, Support and Resistance Lines, RSI .
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
Stablecoin SSS Index vs. Bitcoin The Stablecoin SSS index suggests a "buying time" for Bitcoin. This indicator is a new model and is not financial advice.
In the last few years, according to the data, when the SSS indicator (Blue line in the chart) approaches or hits the lower green line, it was a great time to buy Bitcoin.
SHORT TERM RALLY IN SIGHT 👀On this 9 daily chart we can see potential support for a rally here. Remember we are still bearish long term so don't sleep on your long positions.
Bears may want to exit to conserve profits and short at a higher price.
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Dangerous TOTAL2 PRZ?! Crypto market dump ahead? In order to have a bull market, it's essential to absorb more money; and I mean BIG MONEY! The main reason that crypto market made huge profits in 2021 was that more people understood what cryptocurrency actually is. This led to normal people (such as me and other new to crypto fellas) investing on this market hoping to get good profit and we got it! But how long would this bull run last? The answer lays beneath the TOTAL and TOTAL2 charts. These charts reveal how much money the entire market has absorbed.
As I mentioned at first, the more money the market gains, the more it grows. But when the money slowly leaves, the Market Cycle Phase changes. You may ask what it means, so here's a simple explanation from Investopedia:
1. Accumulation phase: This phase occurs when the market has bottomed and the main investors such as big corporations, money managers and smart investors start buying. In this phase valuations are attractive, yet huge percentage of investors still consider the market bearish and the sentiment analysis say so.
2. Mark-Up Phase: During this phase, technicians see the movement in the market and other investors get on the bullish train and prices start to go higher and higher. This is investors favorite phase! No matter what you buy and when you buy it, you make great profits.
3. Distribution Phase: In this Phase, sellers start to dominate the market, the bullish sentiment changes to mixed sentiment and prices often move in trading range. As soon as this phase comes to the end, the prices start to reverse and classic patterns such as double top or triple top appear on charts.
4. Mark-Down Phase: Without any doubt, this phase is the scariest of all 4 and the nightmare of investors. During this phase, prices go lower and lower, the news would be all bearish. If we carefully observe the third phase and exit the market, our money can be safe but if not the nightmare would become real without any doubt.
If you take a closer look you'll realize that the TOTAL2 was unable to go higher than the all time high. You don't even need to be a technician to notice that. I used the 4H time frame on purpose. It is possible to see bullish movements in short-term yet it all could just be a pull back in long-term. The market cycle I mentioned earlier is fractal which means there could be bullish mark-up cycle in 1H or 4H time frame but not in long term.
In conclusion, this post wasn't here to scare you, but to inform you what could be awaiting us. The money I mentioned could leave one coin and be invested on another one, eg; from BTC to MANA or vise versa. This means it's still a very attractive market but you have to be more careful. Looking forward to hearing what you think!