Totalmcap
Altcoin MarketCap is Supported TOTAL2Hoping for a power move through 0.5 (green channel) as not much resistance has formed there in the previous bull run
this isn't over..
The bear market retracement shows that price is currently support at the 1.272 level
Bulls have lead, it is nicely disguised however
Total Crypto Market CapSuch a beautiful channel, look how price reacts off the median in the past. I think we're in Wave 5 now headed for ATH's in the fall. I would probably get ready to take big profits in the fall as price hits the top of the channel. Wave 4 didn't go below wave 1 and we're currently at the Golden Fib Retracement from the Wave 2 low, #chartporn
TOTAL2 Retest, Likely Further Collapse - PitchforkTOTAL2 Has seen some great growth
there is more to come for the bulls but we are now jus taking a breather and gearing up
at the 0.5 line is a strong and likely point of support for this price action
Being tested as resistance three times, to be tested as a support? It will likely reject upwards and continue with the bull run.
TOTAL2 Food for the Bulls - Dip being boughtThis is a great pullback to catch if you are looking to buy in to one of your favourite altcoins
All of them (basically) on sale!
I have been patiently adding myself
There has already been one bullish rejection along 2618 I expect another to follow, allowing the market to continue pushing new highs
Market Cap Bullish Divergence, HourlyCharts for TOTAL2 showing price printing lower lows while the rsi indicator printing higher highs, this is an example of a rsi divergence
Charts for TOTAL shows that price is in a possible expanding wedge I would call it, it still looks quite bullish
In comparison though a RSI divergence on TOTAL2 Hourly is a very strong bullish sign, VeRy
Market Cap - Further Gann and Top predictions Suggesting an early 2023 end to the bull run
So based on my previous analysis I have managed to extrapolate roughly a June 2022 - April 2023 end date for the bull run
Personally I might brave myself for another bear market if I have the courage, or I am selling around December 2021 just to be safe.
The first Gann ring hits the 2018 Top perfectly, I don't see why it would change for future price movement
Price has also just broken above the middle Gann line (2018 top) this will act as a new support, very bullish, continuation.
Market Cap - Was the last bull run unique?If the last bull run was unique I pose the question why are we seeing similar patterns? (within circle)
With an impressive 452846.26% increase to reach the Top of the fib channel
Will this occur again? The TOTAL market cap would be incredibly high if so
I have my doubts but this is cryptocurrency, to reach the top again another massive move is implied, we will see I guess.
A very optimistic scenario.
Market Cap - Sell pointSell point suggests 1 December 2021 to be optimal if this channel holds true
66 Degree angle ascension Is present within last bull run and proceeding bull run
I think I will be selling around this area, market may stay up till June 2022 as suggested by my previous chart
Bull run in effect