Total Crypto Market Cap LongTotal Crypto Market Cap chart is absolutely beautiful
Earlier in 2021 we set new highs which led to a correction and consolidation period.
In August we retested the highs which led to a rejection.
In October we retested and broke the highs, setting new highs.
We are currently retesting the Early 2021 highs as a resistance/support flip.
If this support holds we will be seeing new total crypto market cap highs and I am long.
A rising tide lifts all boats.
Totalmarketcap
Will altcoins continue to rise? A cup-and-handle pattern has formed on the chart of altcoins' total capitalization. The price has broken through the upper boundary (resistance) and is now testing this level as support. According to the rules of this pattern, target = cup height.
This could be a good opportunity for altcoin growth.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Total Market Cap
Due to the fact that the trend of money supply in the crypto market after its dynamic failure is an upward trend to continue the entry of liquidity in the market
We have two scenarios:
Scenario 1: Until the second volume of liquidity (indicated in the chart), money is withdrawn cross-sectionally and then we will see a high inflow of money in the crypto market.
Scenario 2: If the amount of market liquidity decreases from the specified area and the money goes out and the so-called failure and stabilization of the specified area occurs.
We will see a sharp decline in the market
BTC/USDT (55k Area Potential Support?)💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin may have reacted bullishly just above the Fib 0.5 level
-This zone is a confluence of mini S/R flip last October 13 trading
-I have plotted a potential descending channel coming from the swing top
-If BTC forms any bullish reversal pattern within this bullish Fib area
-In the coming days or weeks, we can expect the uptrend is not yet over
-And the altcoins will also rally up again considering the BTC Dominance value is decreasing
-For now, I have not opened any swing position as I'm waiting for a better market condition
-Any bullish setups for Altcoins will reduce its accuracy if the overall space is bad
-I hope you guys are also taking this oppurtunity to study and relax a bit
-The market always moves in circles so there is unlimited opportunity
-So we just have to sit back and enjoy the process
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CRYPTO TOTAL MARKET CAP up to 3,7 Trillion USDThis Chart defines the Moneyflow into Altcoins.
We have a huge CUP and HANDLE which almost broke up and retest the green zone perfectly.
Now i want to see a BIG Moneyflow into Altcoins... this is 1.242 Trillion USD which will flow into the Altcoins...
So take youre favourite Coins, fill youre Bags and let them Fly...
Please don´t forget to take profits...
ReX Trading
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 🙏🎉
``````````````````````````````````````````````
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 💱
``````````````````````````````````````````````