Total CMC ( Coinmarket Cap)Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Totalmarketcap
Crypto total market cap exclude BTC - 1DAs long as total2 is traded above 1.3T, the uptrend continues and the 2.5T target is available.
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 🙏🎉
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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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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
The Rest of the Year TOTAL2TOTAL2 is going to continue to push new highs as time passes
I have plotted what I expect
2021 you have been a quick one
⏩💡#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
The total market capHi 🙋🏼♀️ The total market cap of altcoins is slowing picking the pace after the breakout. We will see slow upward movement in the altcoin market cap. Altcoins will give a good rally once BTC is stable in a range after this rally. Although the altcoin market cap is bullish and you can fill your bags in dips.
Eth hit 5 wave target, Corrections next. Ethereum hit elliot 5 wave target. Total Cap hit close to 3T target. Monday too bullish for setting healthy bullish trend for the week. More like a fakeout Monday pop. Eth.d Skipped a green on 4 hr. BTC.D can rise with Total cap drop in a bearish fashion. Watching for LPT dip. 10% cash.
BTC/USD (Test ATH Price?)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin respected the EMA 23 and Fib 0.236 from my last update
-A strong entry by the bulls and the price is back above 66k dollars
-If BTC breaks into new ATH, the Fib extension are the potential targets
-But if a failure to break 67k dollars, a test of 63k dollar support is likely
-The price action is bullish again and the same with the Altcoins space
-Since my existing swing trades has hit their targets
-I have opened new positions for potential movers in the coming days
-Make sure to follow strong coins or look for Alts ready for trend reversal only
-Good luck everyone, 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 💱
``````````````````````````````````````````````
Total Mkt Cap looks like it’s confirmed its c&h; 3.8 trl targetCup and handle on the weekly for the total market cap chart. Target is 3.8 trillion. Looks confirmed. *not financial advice*
Total Market Cap – Projection UpdateAn update to my previous study on the Total Market Cap. How high will it go and by when? Some interesting intersections on this chart.
