Totalmarketcap
TOTAL 4HOUR UPDATEWelcome to this quick update of TOTAL analysis.
I have tried my best to bring the best possible outcome in this chart .
Total market cap broke out a huge cup and handle pattern already retraced it or support level is 2.427T and resistances level is 2.58T .
I thing the price cam pump from here .
if its broke and close above the support level then the chart will become invalid.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Crypto Market bounced off crucial support.This chart TOTAL is the crypto market cap.
It recently bounced off the 0.618 and 0.5 Fib. retracement taking the swing low several weeks ago and the ATH at $3bn. It also bounced off a previous resistance which is now support at $2.4bn, confirming the breakthrough of the resistance (a bounce lasting several more days would confirm this more).
The pa is still above the 100EMA.
I'm not a financial advisor and this is just my personal analysis. Don't just listen to an Explosive Cow and DYOR.
Are Whales coming? This simple chart explains it all. 🐋This simple trend line on RSI daily chart explains that money inflow into the total market cap. Obviously from this chart we can see that we have hit a support trend line where we should see change in sentiments. Tomorrow will be a good day to look out for in the crypto space.
BTC 3 daily chart also shows it around a support buy area.
Conclusion: I think no better time than now to start picking up cheap coins for weekend.
Remember to share, like and follow for for timely updates as this.
Another way to visualize what's coming TOTAL2I can split the bullrun into two phases, one of extreme bullishness and one of mild bullishness
Market phase 1 has already been undertaken and we are heading into market phase 2, which can be observed in the past to be the most bullish part of the run
This is a chart developed on a previous one below
BTCUSDT | D1 | Technical AnalysisIn the market decline that has been going on for 2 days, BTC received very important support. From this support level, it will most likely go up. The target of this ascent is 70,975.
If there is a drop, there will be no rally to 49.945. However, if it breaks below the 49.945 level, we can say that a possible rally will begin.
An update for TOTAL2Using the TOPCAP indicator and the AVGCAP indicator this chart is produced
Will we see another huge increase phase that was seen in the previous bullrun? Or will it be different
In Green is the best entry points possible
In Red is the best exit point possible
Red line in between Topcap and Avgcap is 200MA
BTC/USD (58K Potential Support?)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin failed to hold the immediate support area at 63k dollars
-After a sharp drop down to 58k dollar, the next potential support range
-This fast move by Bitcoin suffered most of Altcoins and I got stopped of my trade
-The market is not good recently so I didn't put heavy on this position
-BTC is technically bearish in the short-term with this type of price action
-I will be careful and only trade a small amount during this type of condition
-Again, this is not the good time to go heavy on Alts when there is no sign of strength
-I'd better not trade or reduce my position size if the market is not in our favor
-Everyone, risk management, and strict self-discipline is very important right now
-If you want to stay in this game for the long term, please control emotion and follow your stop loss
-Good luck and stay safe!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
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If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
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Crypto Total: pullback to trendline?The total crypto market cap has been marching onwards up in a steep trendline until just below 3T. A strong mental barrier, with the taproot update and rising wedge for BTC it seems like an obvious time for taking profits, 10 to 30 percent corrections happen in the bullruns! Personally I shorted this but that does not indicate that Im a bear. I expect that we might see a drop and retest of that previous swing high. Seeing the total hold at that area and the potential lower trendline would be a buy for me.
Crypto total market cap forecast 3.2t zone is an important reversal zone based of Fibonacci PRZ and also Elliott waves theory
we are now in the wave 5 of impulse of E
if the chart breaks up and fix over 3.2t the higher targets could be available
i think probably we have a zigzag or other form of correction soon
the correction will be the wave 2 or b of a higher cycle
Mid November Correction Inbound? Evergrande coming back? Weekly timeframe bearish signs for a mini mid November correction?
The greed/fear index for BTC was at 77 points "Extreme Greed" yesterday, today sitting at 70 points "greed". Remember the old saying; sell when there's greed, buy the fear?
Thoughts?
BTC/USD ($63k Acted Support?)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin is rejected near the 70k dollar psychological level
-An ugly -9% move hitting my swing trades stop-loss location
-Most altcoins are affected with this move recently invalidating some bullish structures of altcoins
-But looking at price structure, BTC reacted at previous local resistance at 63k dollars
-This level is a confluence of EMA19 and Fib 0.5 area which is a good potential support
-We have now a new strong resistance at 69k dollars and immediate support at 63k dollars
-The uptrend is still intact as long as the bulls can defend this support
-I took small losses on my swing trades but I have already updated my watchlist for new ideas
-Guys, if you got stopped out too, don't worry the market is full of oppurtunity
-You just have to look for coins that remain bullish and hold their current support levels
-The good thing also is the BTC dominance level is back at value 43 again which is a good sign for Alts
-So we will have another oppurtunity once BTC shows new strength or consolidate at support
-Good luck and keep safe everyone!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
When in doubt, zoom outGood day everyone!
Hope you guys are keeping well and staying healthy.
Sometimes things can get a little too exciting. We're seeing bigger returns on our cryptocurrency investments and in result, we spend more time looking at it.
And the truth is, you'll find yourself tumbling deeper and deeper down the rabbit hole.
So, in a time where FOMO, greed and parabolic price action is increasing, it is time we look for a way to stay frosty.
I wouldn't be surprised if the current mean outbreak will see a nice sturdy influx of capital before it will 'retest' that mean before jumping in the upper channel.
Many of the people I talk and listen to are discussing so called end-of-year (EOY) predictions around bitcoin or other cryptocurrency tokens. To me, this is a very short term focus.
Please people, look further.
Trade well, be cautious and keep it fun!
MATIC USDT : CORRECTION / RETESTIn the cryptocurrency market, corrections of 5-10% are significantly more frequent than in the stock and other traditional markets.
EXPTECTED CORRECTION FOR MATIC .
DONT PANIC
⏩💡#i30:TOTAL CrytMCap d/Aus$ Rcord Setr 🦘🚀🎨 Rdx🔁Reboot 🖥️ :
Applied Markconomics 101 :
WINNER KEEP WINNING
SELL YOUR LOSERS
BUY THE WINNERS
Trend Is Your Friend
Or Your Most Hated
So Easy That
It's Oh So Hard..
d-MR96nBa 🌌
nvrbrkagn
Org:💡#I
10/10/2021
*Part Idea💡Observation 👀 & Celebration 🎉
TOTAL Crypto Market Cap in Australian💲
Hits New Record Highs 📈
TOTAL in USD Surely Soon Follows 🥳*
CRYPTOCAP:TOTAL