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Totalmcap

#TOTAL MARKETCAP! Bitcoins and Altcoins are not done yet!Welcome to this quick update, everyone. The total mark cap has broken out of the downtrend channel and is currently trying to retest the level. In my previous chart, I said we need a close above that blue MA line though I expected some early rejections it broke out at once! We also got a breakout above the downtrend channel after exactly 90 days of consolidation. I expected a little more sideways action and consolidation previously but the breakout on 4th Feb changed everything. What are the possible scenarios right now? Well, keeping in mind this is not a fakeout, we are likely to continue the rally to retest $46k and $53k in BTC but before that, the red zone is needed to be retested for a healthy and sustainable rally throughout the market. This retest could result in some pullbacks in altcoins and BTC ($38.8k to $41k) followed by a 15% rally in BTC. That will be the best time to enter the market. ALTCOINS will follow BTC. This is not financial advice, these are all my own views as per the chart. What's your thought on this? Do hit the like button and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:TOTALLong
by Cryptorphic
7
#TOTAL WHERE WE DO GO?#TOTAL , Hello everyone, I will share the analysis of the index that measures the total size of the cryptocurrency market (which shows the total market cap of the top 125 cryptocurrencies). 2.16T is the resistance level where the sellers who turn the price direction down are more dominant. We can also call it an area of ​​strong resistance. If the price continues to stay above the 2.16T level, a bullish structure will come, and if everything goes positive, I think the cryptocurrency market will go up to 2.45T levels and rise 13%. How far can it go down if the price doesn't show an upward movement? When we stay below the 2T level, I expect the decline to continue and the blue zone to hold the price depending on the state of the structure. If the price continues to drop, how far can it go down? A decrease may occur up to the gray zone just below the blue zone. I don't think we will go below this level any further. Finally, the price has not fully determined its direction at the moment, there is no structure. It's worth waiting.
CRYPTOCAP:TOTAL
by PlutusTheTrader