TOTAL2 - Support Test of This Curved TrendThis curve has been the dominant trend for awhile now and I think it will be used to push TOTAL2 higher.
I believe we are at the early stages of a larger bullrun and this trend will aid in furthering the bull market.
Three circles show bounces off the middle of a down channel drawn against the tops of recent highs.
Personally im still bullish.
4Hr Chart.
Totalmarketcap
TOTAL # 001 ( Last PUSH UPWARD before Market COLLAPSE !!! ) Hello dear traders.
Good days.
On monthly Gann Square, Total market didn’t grow more than 0.25 of Monthly Gann Box level price and it can try to test at least 0.5 Monthly Gann Box Fib level which will be 2.55 T $ .
It can grow beyond to test 0.618 @ 2.91 T $ Or even try to reach itself to 0.75 Gann Box Fib Level which will be about 3.4 T$ .
Weekly and Monthly Gann Square Can match each other to reach to the mentioned Targets and Finally proceed to Hug Bearish Correction at the end of Monthly Or Weekly Gann Square which is depended .
Chart is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
TOTAL MARKET CAP ANALYSISHello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
ALTS Market Cap
Current Situation:
The ALTS market cap is currently testing the boundaries of a descending triangle pattern.
The 100-day moving average is acting as resistance just above the triangle.
200-Day MA Bullish Momentum: The 200-day moving average suggests underlying bullish momentum.
Anticipate a bounce from the triangle's support level.
A successful breakout above the 100-day MA confirms a bullish trend.
If the retest of the triangle's boundaries fails, expect further consolidation within the pattern.
This indicates continued market indecision.
The ALTS market cap is at a crucial juncture. A bounce from the triangle's support and a breakout above the 100-day MA will confirm a bullish trend. Failure to break out suggests further consolidation and market indecision.
Hit the like button if you like it and share your charts in the comments section.
Thank you
TOTAL !CRYPTOCAP:TOTAL
Total crypto market cap may rebound from support trendline of ascending triangle
Successful bounce from this trendline lead to bullish continuation , However, a breakdown could trigger a bearish trend, pushing the market towards $1.85 trillion.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Detailed Analysis of Altcoin's Market DynamicsRecent Market Performance
From October 2023 to March 2024, the altcoin market experienced significant growth, increasing from a $314 billion to almost $783 billion market cap—a remarkable 150% rise in just five months. Such rapid growth often leads to market corrections, which many retail investors find challenging to navigate. Recently, the market corrected by 29%, dropping to around $559 billion. This correction is considered healthy following the substantial growth phase.
Historical Market Patterns
Examining past trends provides insights into future market behaviors. For instance, in late 2020 and early 2021:
- Bitcoin Surge (October-November 2020): Bitcoin's price doubled from $10,000 to $20,000.
- Altcoin Lag and Subsequent Rally (December 2020 - January 2021): While Bitcoin surged, altcoins remained stagnant, causing investor disappointment. However, two months later, altcoins experienced a massive rally, tripling in market cap within a month.
This pattern of initial stagnation and subsequent explosive growth is reminiscent of current market conditions, where investor fatigue often precedes significant gains.
Near-Term Market Predictions
Key upcoming event: ETH ETF Launch on July 2nd
- Unlike the Bitcoin ETF launch, which did not trigger an immediate price surge, the ETH ETF launch is not expected to cause a dramatic market reaction on the day itself.
- The next 3-4 weeks are projected to be relatively sideways or bearish for altcoins, with a potential market reversal and new rally starting around mid-July.
Current Market Cap Scenarios
Two potential scenarios for the altcoin market cap leading up to and following the ETH ETF launch:
1. Reaching Blue Zone $534 - $550 billion market cap and bouncing.
- This is less likely unless there is bullish sentiment in the market, particularly if the $550 billion level is reached before or just after July 2nd.
2. Dropping to the $480 billion region (Green), testing the weekly moving average 200, and then bouncing.
- This scenario seems more logical, particularly if it happens around mid-July. Such a drop (another 15%) would likely induce market panic and exhaustion, setting the stage for a significant reversal.
Long-Term Outlook
Despite the short-term uncertainty and potential for further declines, the market is believed to be near its bottom. The long-term prospects for altcoins appear positive, with the market potentially reaching $1 trillion and setting new all-time highs. Therefore, even buying at current levels is expected to be beneficial in the long run.
Conclusion
The altcoin market recently grew a lot but then corrected, which is normal. Historical trends show that big gains often come after such corrections. We might see more sideways or downward movement before a big rebound around mid-July. Even if the market drops a bit more, it's likely near the bottom, and buying now could pay off in the long run.
$TOTAL Cup & Handle formingAlthough we could zoom out and literally write a book of CRYPTOCAP:TOTAL technical analysis, let´s start with this 12 hour time frame
In green, a Cup & Handle formation, that WILL TAKE US ABOVE ALL-TIMES-HIGH cryptomarket cap
The ATH marketcap is marked on the purple horizontal lines (2,9 to 3,0 trillion) and the C&H targets are marked with the purple arrows, left is most otimistic, right pessimistic
Is important to say price is on a little triangle formed by yearly long support (big blue dotted diagonal line) and yearly fib circle resistence (continuous red thin line0)
This triangle can still break low to find the support on the thick green 200 EMA line and others yearly supports
As we are on a region with a lot of multi year support, guess what? Break up is a matter of time; I´ll give approximately 4 weeks to this setup completion (marked with red flag and another confluence with the next multi year long fib circle)
$CRYPTO Total Market Cap to ~$9.69T$CRYPTO TOTAL MARKET CAP PROJECTION:
CRYPTOCAP:TOTAL Crypto Market Cap en route to my target this cycle: $9.69 Trillion
current $Crypto Total Market Cap: $2.37 Trillion
eyes on the prize. zoom out.
CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:SOL
based on diminishing cycle returns, fib extensions, and some other tricks up my sleeve.
let me hear your feedback!
-@CryptoCurb
TOTAL MARKET CAP FOR CRYPTO - PREDICTIONS FOR MARKET EXIT Many people forget to follow the chart of Total market cap, Total2 where BTC and ETH enter by capital and Total3, which showed perfectly when to enter smaller currencies, when to reinvest and when to exit.
The peak of the same as bitcoin depends exclusively on how much total capital will enter the crypto market. That's why it's important to create some specific zones and monitor them for profit removal from the entire portfolio.
The first target is quite realistic in my opinion and I give it a very high probability of happening. In that case, some altcoins will make an additional 300-500% profit from the current price. The best scenario for which we will determine whether to leave part of the profit for the best stake, that is the target 1.61.
Don't forget that we are in the final phase and that you should watch it exit the market and not re-enter it
Share below the comment and your opinion on how realistic the scenario is for the future
Altcoin Market Cup 🚀 up to $3T 🔥Hello, dear friends! 👋🏻 Take a look at what I've prepared for you today!
💥 Coin Market Cup (Total3 - excluding Bitcoin and Ethereum) 💥
The chart displays the total market capitalization of altcoins.
What can we see here? At first glance, the cyclic nature of price behavior is striking! 🧐By overlaying several Fibonacci tools, we clearly see the potential!🚀
It can confidently be assumed: the altcoin market is ready to surpass the $3 trillion limit by the end of 2024. Sustainable cycles, demonstrating repetitive circular motion, confirm this confident forecast.
What we've seen confirms not only the technical component of the market but also its fundamental aspects. Repetitive cyclical movements serve as an indicator of structural changes in investment behavior, reflecting a wave of interest in alternative assets. This signifies growing confidence in the altcoin market and its important role in the global economy.
What can You say? If you found it interesting, stay tuned for more updates and subscribe to stay with me!🫶
Thanks for Your attention
Always sincerely
Yours Kateryna💋
Is the TOTAL Crypto MArket cap showing a RESET is incoming ?NOTE - you may notice the Days Count lines are a differnet length, this is because I use the Volume Candles and so, because of their varying width, day counts can appear longer or shorter....
There is a lot to see in this chart and I am having a loko at it today because, for a few days now, I have felt Uneasy. Something is about to happen.
It may just be that I am about to Sneeze but I do not think so.
I remind you, this is NOT the Bitcoin chart, this is the TOTAL Crypto Market Cap
When BTC made its first ATH in March 2021, the TOTAL was Ranging and the MACD has just broken over the High line, approaching OverBought.
The MACD stayed up there, while PA rose, for 91 Days, before dropping back - This Week, it has just repeated that for the first time since 2021. - During that reset, PA Dropped -51% in a 2 week period.
It then ranged for 8 weeks before beginning its rise to new ATH, a 163% rise over 112 days, wit the New ATH on week of 8 Nov 2021.
One thing to notice right away is how the PA has played out very Much the same way - On the left, you can see how PA came up to the first, Lower Green bar, ranged under it before climbing to the upper green bar and got rejected by the Mid line on that green bar....
We have just done very much the same thing but over a longer Time period, a more controlled approach maybe. But we are one again under the Mid line of the upper Green bar and facing that possibility of rejection as MACD is Up high again and needs to reset
Lets assume the same type of thing happens again,
Pure assumptions here but with some date ranges that many have been talking a bout.
PA starts rising Properly, in a Bull run, Later in 2024 and we reach a TOTAL Crypto Market Cap ATH in around March 2025.
I remind you, That #Botcoin is very likely to reach ATH BEFORE the TOTAL market Cap.
One thing to also bear in mind here, Is if this does play out and the ATH is not Much higher, It means a Lack of increase of Liquidity into the Crypto Market.
ETF's HAVE deminished the Liquidity as While companies bought BTC to be able to offer ETF's, The amount of Customer Money entering ETF is way higher than the amount og BTC purchased.
The ATH may not be Muich higher..............RETAIL IS BUYINF ETF's Not BITCOIN
$TOTAL 2 chart is weakening?#TOTAL2 Total Marketcap of #altcoins incl. #eth #sol #bnb #xrp and all #altcoin market cap index has severe weaknesses such as bearish diamond pattern (diamond sends backs the price where it pumped from) and bearish RSI divergence in LTF.
Invalidation: #totalmarketcap 2 , reclaims ~ 1.25 Trillion #usd zone with weekly close.
Not financial advice.
Crypto Direction For YearsEveryone expects btc 100-250k and an insane Alt Season.
I hold a few altcoins but 50% of capital is in cash, and here are the reasons:
- If we get rejected at 750-770 bln area on Total Alt market cap, big trouble ahead.
- SPX and Nasdaq are overstretched, so interest rates reduction in case they come this year, might repeat 2008 scenario and be a bearish sign instead of green.
I've circled 2 zones if this circus manipulative show doesn't go ultra bullish.
#TOTAL1 is testing the resistance zoneTotal #crypto including #btc #eth #sol #bnb #xrp #doge and all other #altcoins market cap is now testing the daily ichimoku cloud resistance zone. Daily stoch RSI is exhausted a bit. Declination or breakout will give great results while the direction will be determined.
Crypto Market InsightsExamining the broader crypto market, it's evident that we've hit the Wave 4 target zone on the Total Market Cap chart, reacting perfectly—a precise landing in this case. This suggests that, looking at the entire market as a unified entity, we should form new local highs and surpass Wave 3.
When we look at other indicators, like the Ethereum to Bitcoin chart, we see that the price is falling, indicating Ethereum's strength relative to Bitcoin has been declining for some time. We're now at the lowest level in three years. This could soon reverse, potentially triggered by a trendline that has been touched twice since January 2020, indicating a possible turn.
If Ethereum turns around, it would likely lead the Altcoins. During an Altcoin season, Ethereum usually pumps before other Altcoins follow. This means we need a bit more patience.
Regarding Bitcoin dominance, we expect another rise to continue the four-month trend of higher highs and higher lows. This could lead to a subsequent drop in dominance, possibly placing us back in the current range. A falling Bitcoin dominance, combined with a rising Bitcoin price, would propel Altcoins, potentially coinciding with a turn in the Ethereum to Bitcoin chart.
Several factors align favorably. We just need to stay patient, focused, and ready to seize opportunities.
The Crypto Carousel: BTC, ALTS, and the Money Merry-Go-Round✅ Bitcoin Dominance, BTC, Altcoins ✅
Today we're diving into the fascinating world of money rotation within the cryptocurrency subclasses. We're talking about the rotation of cash between Bitcoin and altcoins, its younger, more diverse siblings.
Imagine a pie where each slice represents a different cryptocurrency. The pie here indicates the total cryptocurrency market cap of both Bitcoin and altcoins, which can increase or decrease at any given time. In other words the TOTAL chart.
- If BTC market cap increases but altcoin market cap shrinks (relative), the pie stays the same size.
- If BTC market cap increase and altcoin market cap increases, the pie size increase and so forth.
Total Market Cap ( CRYPTOCAP:TOTAL ) and BTC.D
Now, imagine a big shiny carousel. Bitcoin is the majestic stallion at the center, while altcoins are the colorful horses surrounding it. Riders (investors) hop on and off, injecting money into the ride (buying) and taking it out (selling). This constant movement is what keeps the crypto carousel spinning.
Let's break it down with visuals:
Chart 1: The Bitcoin Rollercoaster
This rollercoaster represents Bitcoin's price action, and also my view on where we are in the current cycle. (I believe we're in a multimonth correction, followed by the last impulse wave up). You'll need this to know where we are in the cycle right now / LOWER-STABLE:
Chart 2: Bitcoin & Bitcoin Dominance Dance
This chart shows Bitcoin's dominance, which is basically its share of the total crypto market capitalization (market cap = total value of all cryptocurrencies). When Bitcoin's dominance goes up (higher on the chart), it means investors are putting more money into Bitcoin, potentially at the expense of altcoins. Conversely, when dominance goes down, it suggests capital is flowing towards altcoins. The difference is clear:
Chart 3: BTC.D vs TOTAL3
In this chart, we overlay the Total 3 Priceline (turquoise) on top of the Bitcoin Dominance chart. TOTAL3 shows us all alts except ETH.
The Bitcoin Rollercoaster and the S&P 500:
Imagine Bitcoin's price as a rollercoaster. When Bitcoin surges (line goes up), it can sometimes lead to increased investor risk appetite. This might entice some investors to move funds from the S&P 500 into riskier assets like Bitcoin, potentially causing a slight dip in the S&P 500. Conversely, when Bitcoin experiences a price drop, investors might flock back to the perceived stability of the stock market, potentially causing a rise in the S&P 500.
So, is there a guaranteed correlation?
Not quite. The crypto market is a complex beast. But by understanding the relationship between Bitcoin, altcoin prices and dominance, you can get a better sense of where the money merry-go-round might be headed.
Remember, this isn't financial advice! Do your own research before making any crypto investments. But hey, with this knowledge under your belt, you're one step closer to navigating the world of crypto rotations!
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#crytpo total market cap has reached a major resistance zoneqTOTAL1 , #cryptocurrencies total market cap (including #btc #eth #sol #bnb #xrp and all other #altcoins ) is now testing a major resistance zone. Hard declination with volume causes new dumps. Breaking out this zone with weekly closing will be bullish for #bitcoin and all #altcoin s.
Not financial advice.
#cryptomarket mid term weaknessTOTAL1 #cryptocurrencies total market cap chart. (Inc. #btc #bitcoin #eth #sol #bnb #xrp #doge and all #altcoins) Some dead cat bounces are necessary, but overall weakness is playing out with continuation. Former support zone is now turned into a strong resistance zone (Orange box).Declination will be sour.
Not financial advice.
Cryptocurrencies Making Deeper PullbackHey traders!
The US dollar is advancing, make cryptocurrencies weak as stocks market turns south ahead of key economic data from the US. As you know, the Fed will release its latest decision on interest rate policy today, and there is increasing speculation that they will maintain their current stance for a longer period. This anticipation is driving the US dollar higher while stocks are declining, and cryptocurrencies are also turning to the downside.
Looking at the total market cap, we are observing a potential breakout from the wave B triangle, after only a three-wave rise from the April 13th lows, indicating a correction, ideally it represented subwave (C) within a triangle.
If our analysis is correct, then current thrust out of the triangle could still be representing the final leg of this whole correction from March. However, there is still room to drop even to 1.9 trillion before potential support is found. A reversal and a significant bounce back to 1.23 trillion would be necessary for bulls to wake up, which is crucial if you are a short-term trader.