TOTAL2 Last line of defence 200MAPrice is currently testing the 200MA on the daily frame
This has previously been seen as a line of support so we will see how it progresses on TOTAL2
Totalmarketcap
Bears and cowsThe market is in this cycle
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The market is improving and we can fall
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If we consider that the price wants to fall, we should think about the level of 27 thousand. If we think about the climb, we should look at 70 thousand. This is a simple story.
TOTALI dont like say wow we are near the 0.618 level and market can come back to bullrun but i think few days we can wear green!
TOTAL Crypto Market Cap Exclude BTC 18/02/2021this chart is the Appendix to the previously analyzed chart of TOTAL Crypto Market Cap where i have linked it too,
it indicate the amount of Fiat Currency Invested in the Altcoins Ecosystem
TOTAL M.CAP UPDATE!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total market cap update. Remember my previous Total market cap analysis. When the total market cap is trading around $1.36T I told you that it is making a falling wedge so we can see a drop and the Total market can go to touch the lower trendline. Exactly that is happening now.
Now what? So now I'm expecting a strong bounce in Total market cap is around $1.1T and when this bounce is coming the whole cryptocurrency market is green again.
If we get a daily close below $1.04T then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
bitcoin secret way ?Monthly TimeFrame !!!!
What you see. The chart belongs to the whole market. Which is called Total .
Because the Bitcoin dominance is declining and the price is 70% correlated with this chart. Given the divergence seen in the RSI , one can expect Bitcoin to rise and then fall again .
According to my personal opinion and analysis, it can go up to the range of 44500 and then the price will go down again.
In fact, my analytical style is personal and without any sources. If you read my previous posts, you will see that the success rate of the analysis is over 70% , and this style of analysis has answered .
Crypto Market Cap totals - weekly lookLooking at the trend change in the crypto market cap totals.
Clearly dropped out of channel and is now testing mean kf larger trend channel.
Weekly Squeeze momentum indicator signaling additional downside / consolidation may be possible in coming weeks.
Watching confirmation of support / resistance flip of channle mean line around 2.4 T
Fake failureSell Tetra and buy bitcoin instead
This failure is a tether fake dominance and will come back
TOTAL CRYPTO MARKET CAPscenario 2 . if total touch 2.55
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
TOTAL CRYPTO MARKET CAP!- As we can see the total market cap is hovering between $1-3 TRILLION!
- The ATR average true range is still under the market which is bullish
- Lastly you can see the EMA lines have not crossed over to the downside!
TOTAL - JUST BE CAREFUL OKNo need to explain. Just be careful that's all. And remember, stop loss is your best friend here.
Ehsan.F
Crypto market at critical decision pointCrypto market at critical decision point directly at beginning of 2022.
A break to the downside might postpone many ATHs of many crypto assets.
A breakout on the other hand might lead to a great year.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Total Market Cap of Cryptocurrencies. Read this article before buying cryptocurrencies.
The use of indexes is very common among stock’s traders and investors as most of the stocks rise and fall correlatively. Similar conditions exist in the cryptocurrency market too!
Most of the times, just about 100 days before BTC halving, prone-to-growth and fundamentally valuable cryptocurrencies begin to grow rapidly.
For instance FTM, ADA, SOL, ETH and so many other cryptocurrencies you must know better than me started to grow before previous halving of Bitcoin, while they are not technically related to BTC at all!
Bitcoin is a tradable assess and may have the possibility to be used as a money transfer tool, but it’s able to play role as an index for other cryptocurrencies which are able to be much profitable than BTC itself. For example FTM rise more than 12000% in 2021, simultaneously BTC grow up only for 65%!
There are so many traders who take a look to BTC chart before buying a crypto but change of BTC dominance is the best witness that BTC is not the best Index.
May be we could use Crypto total market cap as an alternative.
In analysis of TOTAL (Crypto total market cap) an almost strong resistance could be seen in around +30 or +40 percent from current market cap!
Price reacted to the line for 2 times recently and the main strong support is so far away from current situation. It’s a bad news!
The other bad news is that there are about 817 days to the next halving. Most of the times market cap decreases in this period since the supply of bitcoins is high during this time and the bulls will face a difficult battle to win and, as I mentioned earlier, it affects other cryptocurrencies as well.
But the good news is the great resistance can be seen in 0 point of my self-made indicator, Middle Line Confirmations (MLC), which I will publish soon, that is a good sign that the possible correction will not be severe. I think it’s a good time to buy good crypto currencies regarding their Reward to Risk ratio and fundamental analysis which differ from one to another since we hopefully will not be in a long-term correction.
But if we lose the support of 1.581T there may be severe correction that will last about 700 days from now. If that happen the green support line will be broken and we may touch the lower white dotted line between 500B to 700B, since this line is parallel in logarithmic scale with the red resistance line.
Analysis of MLC (middle line confirmations):
April 2019, 0 line of indicator was broken sharply and it led to a 122% grow.
August 2019, line 0 break was associated with resistance and market cap moved just for 35% down!
The next hard break was accompanied by a short move, this time 0 line broken up which it led to 22% growth!
April 2020,0 line broken with ease again and the result is another big move. This time more than 1000%!
Next time again a break with resistance could be seen and the correction limited to 54%
Next break which is an easy one do again end to an almost big move.
If there will be a broken 0 line again here it is perfectly accompanied with great resistance, so there might be powerful buyers who believe these prices of cryptocurrencies are discounts.
Do your own research before buying any assess.
Don’t forget of money management and risk management.
Don’t forget that cryptocurrencies are so volatile.
Regards, Ali
ONE LAST RUN BULLS? CRYPTO TOTAL MCAPDo we find ourselves on the 5th wave?
It's for sure nice to keep patterns like these in mind, I'd personally love to see this one play out.
Tell me what you think down below.
TOTAL - Keep An Eye on TOTAL!I usually keep an eye on TOTAL to get a feeling about the overall crypto market bias. Just like I keep an eye on DXY when it comes to Forex.
From a long-term perspective , the WEEKLY chart on the right, we all agree that we are still overall bullish.
Technically we are trading inside that big brown channel, and we are currently in a correction phase after rejecting the upper bound / brown trendline and 3T round number.
From a medium-term perspective, the DAILY chart on the left, we had a classic higher high, followed by a lower high, and then a break of the previous low. A classic market structure pattern, known as Head&Shoulders.
After breaking below the head and shoulders neckline, marked in gray, the bears took over and TOTAL started trading inside the red channel, making lower highs and lower lows.
That being said, we know that we are overall bearish, but what are the possible scenarios?
Scenario 1: Projection in Purple
A movement till the lower bound / brown trendline and green support zone is expected before the bulls take over by breaking above the red channel.
Scenario 2: Projection in Blue
A sudden shift in momentum, by an aggressive movement from here to break above the gray zone again, invalidating the red channel, signaling that the bulls are taking full control again.
Which scenario do you think is more likely to happen? and Why?
All Strategies Are Good; If Managed Properly!
~Rich
Crypto Total Market Capilization This is the current sentiment @ this time/space juncture. As we can see in this graph that the Upside is in the near future. One must be studying the charts all the time to become the chart.
When TetherUSD Spikes, The Market DivesJust something I've been noticing lately. Whenever the price of Tether compared to USD has a spike above $1.00075, the entire market will dive a minute later. The symmetrical dive of every token is obviously in response to one temporarily neededing less USDT to buy every token.
Is this an opportunity for those with custom bots to craft an algorithm to close all the trades when this is detected. Something, as it is indeed a repeating trend.
Is Tether at fault for not balancing their coin fast enough to stop this. It obviously triggers bots to sell, which causes more bots to sell, which then causes humans to sell... And then whales to buy.
Let me know what you guys think? See for yourselves ; the finer the definition on the chart, the clearer it is to see. Happens at 12:37am.
Cheers!
Watching Total Crypto Market Cap (LESS BTC)Total market cap less BTC is just bouncing off weekly support. Are we about to get into another altcoin/shitcoin wave?
TOTAL (Total market cap) analysis1D:
Looks the same as TOTAL2, new ATH into the 1.618, then corrected into the 0.5 - 0.618 and wicked a daily demand zone forming a bull flag and broke out to the upside. Buy signal on the daily UCTS and a crossover of the MACD.
Weekly: HH and HL uptrend still intact with bullish pin bar and new engulfing candle on the weekly, lets see if price can get about the resistance supply zone and flip it.
TOTAL2 total market cap excluding BTC analysisTOTAL2 made a new ATH past the daily supply zone and rejected off the 1.272 fib from the corrective wave prior and pulled back into the 0.5 - 0.618 fib and into a daily demand zone with a big rejection wick, forming a bull flag and breakout with a MACD bullish cross over and forming HH and HL structure. Not sure if the volume data looks accurate here though and also getting a buy signal on the UCTS. Market looks healthy and just a normal correction and continuation from a HTF perspective.
Weekly: Looks great here also showing an intact HH and HL formation uptrend. using fib projection from the high and low of the prior corrective wave on the left (arrowed), price has come into the 1.272 and corrected pulled into the 0.5 - 0.618 fib drawn from the low to the new high before (arrowed) on the right. Price started to reverse with a bullish engulfing candle prior to a bullish pin bar.
Cryptomarketcap expect bitcoin Hello cryptofolks
What do you think about this Idea
Can we have another crypto rally or we will fall in a bear market?
total market cap thoughtsI don't check very often indexes however I did check on this one because, as you can see, TMC has been going down for weeks now and according with TA it might keep going down at least until the beginning of 2022. Even without watching an index is pretty clear there's no much money entering crypto right now and this is the reason why major coins and tokens are too much connected with BTC behaviour while only small market cap coins pumps from time to time. Basically money is moving from a project to another but to see everything pump we need new money to enter again crypto.
Hopefully this will happen in January, meanwhile if you have fiat left.... BUY THE DIP!
Happy holydays.
