TOTALMCAP looks bullish 1H, 4HOpen moving averages is when they are structured in this order, descending - 50, 100, 200 MA
During these periods of time bullish activity is often highly favored
A few golden crosses can also be identified on TOTAL2
I still think the TOTALMCAP is extremely bullish throughout 2021
Totalmcap
Where is the TOP for the market? Using Fibonacci time and identifying base structures we can use this tool to identify when the next top will be
0.618 was favored in the last bull run as a top point and will likely be favored again
This top aligns with June 2022, so we have a lot of the bull run left
I haven't assigned a top point because this could absolutely m00n, and just knowing the time is enough imo
I have done a lot of research into TOTAL2, here is some of my previous ideas
Moving Average Analysis - MCAPFrom these charts we can draw the conclusion that the chart 'OTHERS' is developing the separated three moving averages that can be seen on TOTAL.
A moving average pattern like this can last from months to years.
We can also draw the conclusion that Bitcoin is not completely connected to alt-coins and there is a disconnect between the two. Also we may see OTHERS excel above TOTAL, as it is clear that the chart is at a younger stage of development relative to the moving average structure.
Interested to see how this plays out. Remember, Diamond hands!!
#TOTAL #TOTALMARKETCAP #CRYPTO #weeklyHi guys..its the latest analyze chart of TOTAL(total market cap)in weekly timeframe.if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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TOTAL2 Bullflag - ContinuationTOTAL2 has transition to 2.618 within the strongest Fibonacci circle trend.
This will likely lead to the bulls continuing their run.
Its a strange pattern but I believe it can be interpreted as a bullflag once the area within the triangle (flag) completes.
In the attached chart I see a large bull impulse move coming within this newly discovered 2.618 territory (on the MACD). Many will be shaken out at this level however.