TOTAL Crypto Market Cap - pattern still valid🟩🟨🟥⬜️If the TOTAL cryptomarket Cap 2-weekly candle close above 1.284T I will get bullish nervous dear Crypto Nation 😎🚨
These repeating patterns of different market phases are still valid IMO🟩🟨🟥⬜️
Comments💭, Likes♥️ & Follow🔗 appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Totalmarketcap
Bitcoin Dominance Cheat SheetHi Traders, Investors and Speculators of Charts📈📉
Bitcoin dominance and the rotations between BTC and altcoins can be confusing. Enjoy this easy-to-understand guide to BTC.D , and why it is important to watch alongside with the bitcoin chart.
👇👇👇
BTC dominance is calculated by dividing the market cap of BTC by the total market cap of all cryptocurrencies. If the TOTAL market cap is 1.5 trillion and the market cap of alts increases, then BTC dominance will go down unless the market cap of BTC also increases.
But to really understand the rotation of money between BTC and alts, you'll need a clear understanding of how how market caps all fit together.
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.
If BTC dominance is at 40%, it means that the BTC slice of the pie chart is 40% of the total size of the pie. The remaining 60% of the pie is made up of all other cryptocurrencies (altcoins).
A pie chart from March 2023:
Now, imagine a new bullish cycle starts across the crypto markets. This causes the market capitalization of both altcoins and Bitcoin to increase. If the market capitalization of BTC also increases, but at a slower rate than the market capitalization of altcoins, then BTC dominance will remain stable even though BTC Price increases AND altcoins prices increase. This is because the BTC slice of the pie is still 40% of the total size of the pie, even though the pie has grown larger.
In other words, the pie has gotten bigger, but the size of the BTC slice has remained the same relative to the rest of the pie.
Here is another way to think about it:
Total market cap: $1.5 trillion
BTC market cap: $900 billion
Alt market cap: $600 billion
BTC dominance: 60%
Now, let's say that the alt market cap increases by $200 billion and the BTC market cap increases by $100 billion. The total market cap would now be $1.8 trillion and the BTC market cap would be $1 trillion. BTC dominance would still be 60%, even though the price of BTC increased because the overall pie has gotten bigger.
Here is an example of how the BTC dominance falls, but BTC price increases:
Total market cap: $1.5 trillion
BTC market cap: $900 billion
Alt market cap: $600 billion
BTC dominance: 60%
Now, let's say that the alt market cap increases by $200 billion, but the BTC market cap only increases by $100 billion. The total market cap would now be $1.8 trillion and the alt market cap would be $800 billion. BTC dominance would now be 50%, even though the price of BTC has increased.
As a summary:
UP: BTC d ominance is increasing, meaning that BTC is outperforming altcoins.
STABLE: BTC d ominance is remaining relatively unchanged. This could indicate price movement on either Bitcoin or Alts .
DOWN: BTC d ominance is decreasing, meaning that altcoins are outperforming BTC .
We see an increase of market capitalization on the TOTAL chart:
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CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL
Total market cap chart Why total is important I hope I dont need to explain. CRYPTOCAP:TOTAL
Possible Targets and explanation idea
➡️Weekly chart. Marked 2 times with trade on indicator moment to SELL and out of crypto
➡️June 2022 was a main bottom for crypto and BTC especial
➡️November - January we are under real value of total
➡️C4L direction showed also November-January whales accumulate aggressively
➡️White zones is depression zones where whales also build average entry for investments
➡️Take profit lines marked by fib levels + take profit indicator before correction
➡️ Correction I think we will see at April-May 2024
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
TotalMarketCap (TOTAL) Bullish Momentum BuildingTotalMarketCap demonstrates strong support within the demand zone, consistently breaking above downtrend trendlines. These developments suggest that TOTAL is potentially gearing up for its next upward surge. Currently, the risk-to-reward ratio appears favorable, particularly in light of today's pullback.
Total Crypto While everyone will be looking to go to NEW HIGHS this next bull run.
I would advise caution.
I would recommend everyone watch for these other two scenarios and worry about them 1st.
#1. Quite possibly you see a Lower high in the range of $2t as shown by the first level marked in red line.
#2. I would watch for a DOUBLE TOP on Total.
Until both of these scenarios are invalidated I would recommend paying closer attention to them for your reality on WHEN to take profits vs only thinking about the Euphoric Valhalla ending.
TOTAL2 is About to Explode!The crypto market is abuzz with a significant phenomenon - the shrinking of the total market capitalization, excluding Bitcoin (BTC). Contrary to what one might expect, this contraction often precedes a major pump in the world of cryptocurrencies, signifying the potential for exciting price movements. 🌌💥
Unpacking the Market Cap Contraction
Market cap contraction is a fascinating occurrence, one that hints at the complex dynamics of the cryptocurrency market. When we talk about the total market capitalization excluding Bitcoin, we're essentially looking at the collective value of all cryptocurrencies other than the big BTC.
The Compression Effect: A Precursor to a Pump
Why does contraction matter? It's because, in crypto, this phenomenon frequently acts as a precursor to a "pump," a substantial increase in prices. When the total market capitalization of altcoins starts to shrink within a defined range, it often indicates that the market is preparing for a major move.
Anticipating the Upward Surge
For crypto traders and enthusiasts, keeping an eye on this contraction is vital. It suggests that exciting price surges could be on the horizon for the world of altcoins. Such periods of compression often lead to increased trading activity, resulting in significant price movements.
Trading Strategy: Positioning for the Pump
As this exciting market cap contraction unfolds, cryptocurrency traders should consider crafting trading strategies to harness the potential pump. The market dynamics may offer numerous opportunities to capitalize on these upcoming price surges.
Conclusion: Crypto's Dynamic Landscape
Understanding the nuances of the crypto market is crucial, and the market cap contraction phenomenon is one of its fascinating aspects. As we navigate this period of compression, let's remain vigilant, prepared, and ready to embrace the opportunities that a potential pump can bring.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
❗See related ideas below❗
Share your thoughts and insights 💚🌐💚
Fomo Purchases and Late LiquiditySolana.. abrupt pullback at Key Level to gather liquidity?
Jumping in front of a Freight train is no fun so it's particularly risky going countertrend the market when there is Momentum on the Higher timeframes. Understabding the risks involved is necessary when trading fakeouts. Fakeouts occur more often then not and that is because of lack of attention to detail, laziness, and ignorance may likely play a role.
Short term targets are 30.19 and 29.07 daily levels
Total index analysis Crypto Total 2 has broken down the upward channel and has tested the supportbelow it, now we can see this weekly candel is now open and heading upward. besides that we can see an obvious RD + in MACD and MFI. and Elon Musk just tweeted again! so in my opinion we are about to see a pullback to the broken channel and after that we have to see if there is any sign of getting back to the uptrend or that is just a technical pull back and we have to get ready for a massive dump and a long bear market for crypto market .
im bearish until i see areal good sign here. the first target for the market total is retesting 2017 high.
comment your opinions down below:)
#TOTALmarketcap incl. #btc and #eth @ resistanceHere' s the chart of ALL #cryptomarketcap #TOTAL1 . As you see #index is now at the historical vertical resistance. This is the 3rd testing of this resistance.
- Clear declination will result heavy bloodbath on #altcoins.
+ Clear breaking out with weekly closings will result a new bull era.
NOT FINANCIAL ADVICE.
#Others #altcoins #marketcap is about to fall in STF ?This is #total3 #altcoin marketcap , excluding #btc and #eth top major coins. This chart is showing early weakness in short time frame. As #bitcoin #dominance on the rise, this is not unusual. The big picture will be revealed soon , when #btcd moves hard.
NOT FINANCIAL ADVICE.
!? PAMP IT !? BTC XRP TOTALMARKETCAP YA YEET!!PAMP IT PLZ SIR TY
BTCUSD XRPUSD TOTALMARKETCAP
LONG TERM HODL DIAMOND HANDS TO THE MOON NFT CRYPTO HYPE YEEYEE MERICA
Hopefully looking at this in the future the market cap is above 3 Trillion dollars. That would be pretty cool. If not, it would be cool if everything collapsed, and we could buy all the projects with the most utility at lower prices.
SO pretty much its a win win. Either long term these dopamine triggering assets are going to continue to $3 Trillion+, and we are going to make some more of that inflationary fiat currency. Or we go down and use some of our inflationary fiat holdings to re-accumulate some assets that have LONG TERM UTILITY. Assets that are going to be here for the long run, with a ton of regulatory clarity, partnerships with governments, central banks, and that can create a level playing field for the global economy.
This is NOT financial advice. I am only monitoring these markets because they are so juicy right now.
Crypto Total MC sending while MC excluding Alts lagging behindBTC spot ETF has been approved. This is why i have been saying to load up at these bear market levels. Not a time to fomo now, be patient. Its a NEWS pump.
The risk of not loading at these Bear Market levels is too high. Once we dip start scooping, prepare for all scenarios, keep in mind a black swan can always still appear with the state of the world.
Crypto Total market cap sending and hit a resistance on weekly, while the Market Caps excluding BTC is lagging behind still.
This is due to the BTC dominance pump, breaking through its local high. Expect Alts to lag behind as predicted, this is a BTC ETF not an altcoin ETF.
BUT money flows in BTC people take profit then they start buying alts, this is what has happened since inception. Be patient and keep scooping cheap alts.
BTC Dominance sending, alts will suffer most likely if this rally continues. But then you scoop and ride em when BTC starts dropping.
TOTAL and BTC ideaTOTAL = Total Crypto Market Cap
I've been pondering this idea. When BTC pumps, do not assume a duplication of the past 4-year cycles. The treasure yield curves have crossed 12 months ago, and it has been an indicator of market crashes and recessions. Typically the market crash and recessions begin anywhere from immediate to 18 months later. Well, 12 months has gone. Tick tock. And this wave pattern would match with this scenario.
So after BTC pumps over the next few months, be on the look out. Don't have a ride or die attitude for 2 years, as per last bull cycle. Just in case this chart is correct.
🤔 Maybe, Just Maybe: Time for ALTs to Rise? 🚀📈"In this video, I provide an analysis of the current Bitcoin 🪙 market and discuss potential trading opportunities 📈. I highlight key support and resistance levels 📊, as well as the possibility of a rebound ⬆️ or a further decline ⬇️. I also share my thoughts on altcoins 🌈 and their potential for growth 🌱. Watch this video to stay informed about the latest developments in the cryptocurrency market and make informed trading decisions 🤔.
BTC at resistance 🚫 (see the support levels you must know 📝)
Dominance at Resistance 🚫
Total at Support ✅
= MAYBE ALTS PUMP NEXT!!! 🚀
WATCH THE VIDEO 🎥:
Transcript straight from AI 🤖
L0:04 Okay, so time to take a look at Bitcoin 🪙 and target reach 26,800 but unfortunately rejections 😕. It's been a lovely trade with our entry 📈.
0:17 Right here at 25,106 multiple entries and we remain long on Bitcoin 📈. In the meantime, Beautiful day, Axial Infinity 🌈, not an asset I usually tend to buy 🤷.
0:33 I don't like it to be honest, but a very nice rejection over here and we had the chance to go for a short position and taking profit exactly as expected right there 💰.
0:46 Position is still open, but profit has been taken 🤑. So we'll see if the market slides, if it fails and we're going to take a look at the Bitcoin levels we need to know 📊, then we're going to need to have short positions on 📉.
1:03 Now, let's take a look at this. At OP, which was, ah, one of the last ideas we posted buying this dip with optimism right there 🌈.
1:14 So taking a look at that has been very, very nice with a nice, ah, profit 🤑. And the target remains 1.5% 🎯.
1:21 So we're not that far. We're about halfway through. We're keeping this position 🤞. And just to remind you on the main chart for OP, okay, we bought this level here 🛒.
1:39 The channel and the targets could eventually go over 1.52 could go 1.83 or even 2.3 📈. So very promising trade. And of course, we didn't have to go lower and look for some support 🛡️.
1:54 So this trade is going really, really well 👍. All eyes will be on Bitcoin 🧐. So yes, where would we buy again?
2:03 First of all, let me get rid. Let's go to the four-hour chart. So it makes more sense 🕓. So this is where we stand here 📍.
2:14 Massive resistance going support 🚧. And this level has held now once, twice, that's three times 🔄. Okay. So if you have been following us 📣.
2:24 That's one. That's two. And the third and decisive one can be the big one 🎲. But of course, we need to stay focused because we have this 26,800 resistance and right about it.
2:39 Right above it is the 26,800 resistance. 27,000 resistance, which is a very strong psychological number 🧠. Okay. Right about here. On the way to, eventually, I believe we'll go and I believe it is happening at 28,900 📈.
2:57 94 the time being looking at the 15 minute chart. This is what we have. This is the structure that we have 📊.
3:04 So we are in the channel and support lies over here. Let me tell you exactly. Well, it's an ascending level as you understand 📈.
3:15 So around this level here at 26,390 there is the first big support for Bitcoin 🛡️. So we have alerts and we will know 🚨.
3:28 How to attain this. When the price goes there, it will be a possible support and a possible rebound ⬆️. That's the first level, which is it's a very valid and strong support 🛡️, but the strongest one 🏋️.
3:45 Is this conjunction here between 26,000, which again, it's a very strong psychological level 🧠, and 25,900. So will the price rebound from there and then test this level again, or 🤔.
4:01 Will it fail? And will it need to come down here? Okay. To test this channel 📉. Needless to say that if this channel is broken, then we're going much lower ⬇️.
4:12 But I don't think that is the case 🤔. I don't think that is the case. And we are. Yes. In an overbought area now on the 15 minute chart with a possible possible break for Bitcoin 📈.
4:26 But that doesn't mean that we cannot go higher and break these levels. Today, tonight, tomorrow 🌙. So we do have the support at 26,600 and the price could attempt to break outside the channel, which would be the bullish scenario 🐂.
4:47 So we need to be prepared for all scenarios 🤔. I don't think this is the greatest time to open new positions 🚫.
4:55 So we do have some positions. We do. We did take some profit today and we will wait to see if this level will be broken or if we will need to go lower ⏳.
5:05 This is pretty much what's happening on with alts and the market is full of opportunities like the opportunity to we have today with Axie Infinity, which by the way, we took it 🌈.
5:17 I posted today for everyone on training view about sandbox, which I believe could turn bullish going forward 📈. But how about we take a look at a couple more charts and I think the most important child would be the total three, which is on support and 📊.
5:36 And I see that there is a possibility of keeping this level, which is a massive level by the way 📈. Okay.
5:45 So the best scenario didn't happen to go all the way down there for the time being. We have support 🛡️. So a new loan 💵.
5:53 As long as we are over 319.4 billion dollars. That's total three. It excludes Bitcoin and Ethereum 📊. Okay. So alts are looking good right now 🌈.
6:08 How about we take a look at Bitcoin dominance next, which is at 50 and that is resistance 🚫. Okay. It is resistance and that's the resistance we had calculated using the Fibonacci 📊.
6:23 So we do have resistance. This stands for Bitcoin dominance, and we do have total three being over support 🛡️. So, hey, maybe just maybe we could prepare for a boost in the price 🚀.
6:42 Yes, my favorites, you know them STX, OPP, SNX. Those are my top favorite at this time 🌟. I'm going to make end sandbox 🏖️.
6:54 It's a, I believe sandbox it's added. Level that it has huge potential to rise exponentially 📈. It's had its problems and its troubles, but I believe it can do a lot better and STX which has escaped 🚀.
7:13 From the wedge and this resistance there. So that's trade. I'd like to go long on STX because the stop loss is would be close and the potential is for it to go higher 📈.
7:26 So I think I'm going to post about this on a trade. That will be the post coming up next 📝. Okay.
7:34 So that's it from me now. We took a look at the Bitcoin, the major asset, 26,666. Too many success. For my liking, I don't like it 😕.
7:48 So we'll be aware. We do have some mild support, but the main support is at $26,391 🛡️.
Take care 🙏,
Yours. The FX Professor🌟
TOTAL - Bull run starts October?To get more clues on what BTC is doing, I analyzed the TOTAL (Total Crypto Market Cap).
I use Elliott, trendlines, and fibonacci. I keep getting the same results on many analysis, of the bull run starting in October.
I label my waves 1 A W and 2 B and Y. Why is that? There is a real possibility, that crypto does a huge pump for months, then another bear market hits. So I keep these corrective labels to remind me. This idea lines up with the fact that the US Treasury yield curves inverted 11 months ago. If you are not aware, in past history, recessions hit anywhere from immediate to 17 months after a yield curve inversion.
The Path of HOLDERS" 🌟🚀Hello, fellow crypto enthusiasts! I'm CryptoMojo, the name you can trust when it comes to trading views. As the captain of one of the most vibrant and rapidly growing crypto communities, I invite you to join me for the latest updates and expert long and short calls across a wide range of exchanges. I've got your trading needs covered with setups for the short-, mid-, and long-term. Let's dive into the charts together!
I've dedicated my time and effort to crafting this chart, but remember, what you see here is crypto insight, not financial advice. 🚀💰 #CryptoMojo #CryptoTrading
HODLers, Prepare to Conquer! 🌟
While the Bitcoin rollercoaster may seem to have reached its lowest point, the thrilling journey through the crypto wilderness is far from over. Right now, we're venturing deep into the captivating Accumulation phase, a realm that demands not only Patience but also Courage as our guiding stars. 🌲💫
Now, let's turn our attention to the tantalizing world of #Altcoins, where on the majestic canvas of higher timeframe charts, they're poised for nothing short of a spectacular breakthrough. As we gaze ahead into Q4, all signs point to a bullish adventure for these altcoin gems. 🚀📈
In this bustling and often clamorous crypto realm, here's your compass: Accumulate your treasures with the shrewdness of a seasoned collector and hold them with the unyielding resolve of a true champion. Tune out the distractions, and cling unswervingly to your long-term vision. 🚀💎
In the grand tapestry of the crypto cosmos, rest assured, your steadfast Patience will soon be showered with the rewards you've envisioned. Keep the faith, for the best is yet to come!" 🌌💰 #CryptoHODL #LongTermGains
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
DECENTRALAND - Impulse, Correction... 200% To Be Made!MANA is showing us a perfect example of an Elliott Wave Impulse, correction, impulse.
We are currently within the correction and looking for Wave B completion.
Will be looking for lower timeframe price action to tell us when to enter with a small stop loss!
Goodluck and as always, trade safe!
How To Use Total Market Cap ✨We can use Total Market Cap to analyse when it's best to go bullish or bearish on the crypto market. A growing market cap can indicate investors' interest and their positive evaluation of the current market state = bullish whereas a stagnant market cap would indicate that investors are taking their money away from the crypto market = bearish.
By analyzing the Total Crypto Market Cap weekly chart, we can see 5 clear waves to the downside, which means we are either in motive wave 1 or in wave A of a zigzag pattern.
For both cases, we are expecting an ABC correction opposite to the recent 5 waves. we have already completed subwave A and finishing now subwave B, expecting subwave C higher.
In a zigzag pattern ( 5-3-5) we have:
Wave A= 5 waves
Wave B = 3 waves
Wave C = 5 waves
Therefore, our mission for the long term is to catch the impulsive waves of wave C after wave B. But for now will be focusing on catching subwave C of wave B.
We will be using this chart as a guide for the other cryptocurrencies charts.
Stay tuned for more Crypto analysis!