TotalIn the weekly time, we have a bullish pattern, wave 5 is completed, waiting for the completion of wave a, then the correction in wave b Fibonacci is 0.38, the end of wave b, good luck and profitableby sinash140
Pattern Similarity with 2018 Bear Market RecoveryWhat follows is a comparison of the daily chart during the 2018 bear market recovery with the present weekly chart. Markets like to repeat patterns, with similarities and differences: Repeating Pattern Similarities: Both made a head and shoulders top OBV and Volume show similar patterns of behavior in both charts The amount of correction prior to recovery is similar Repeating Pattern Differences: 2018's head and shoulders top had a descending (or practically straight) neckline. 2023's head and shoulders top has an ascending neckline OBV has dipped more during the present downtrend than before, and Volume peaked earlier during the head/shoulders top this time (Volume is also down more now than it was during 2018 recovery, respectively) Signs are pointing to a recovery, but DXY is behaving strangely and market conditions are entirely different than they were in 2018. 2023 Recovery may be higher than 2018, if neckline is reached - it could look like a double-top with a lower high (potentially even another HS pattern at the end) Should the pattern repeat itself again on the higher time frame, I've outline a rough path that could take us into one of the two red boxes, or even somewhere in between, with: -- Conservative Targets near previous head and shoulder top lows -- Aggressive Targets stopping at or near the ascending neckline, and this would coincide with my theory of a lower high double-top, which I think is the more likely scenario (see related idea below) -- Otherwise the potential to stop somewhere halfway in between either Chart is long until recovery completes at one of the levels above. This idea fails immediately if we fail to remain above the wedge here on a re-test on the falling wedge breakout (3-day chart pictured below): Related Idea - neckline targets coincide with lower-high double-top theory: Cheers, and thanks for taking the time to read through my ramblings! -- dudebruhwhoaLongby dudebruhwhoaUpdated 333
TOTAL D2: +60% gains Target 1.5T USD(STRATEGIC)Why get subbed to me on Tradingview? -TOP author on TradingView -2500+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! TOTAL D2: +60% gains Target 1.5T USD(STRATEGIC) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTION! 🔸 Summary and potential trade setup ::: TOTAL 2days/candle chart review ::: total crypto market cap ::: bulls maintain control expect more gains ::: falling wedge broke down recently ::: setup still valid as of RIGHT NOW ::: chart is LOG SCALE ::: looks SOLID near 1T USD ::: expect more gains / upside ::: heavy resistances overhead ::: 1.15T/1.25T and final TP 1.50T ::: for now BULLS maintain control ::: clean breakout looks strong ::: if BULLS can pivot above 1T USD ::: then expect more gains in ::: crypto space in February/March 2023 ::: extended bull run possible as well ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +60% gains ::: details: see chart ::: FINAL TP is +60% gains 1.5T USD ::: recommended strategy: BUY/HOLD BTC + ALTS ::: TP BULLS +60% gains 1.5 USD final TP ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: 1.5T usd fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/60% gains ::: Sentiment short-term: BULLS/60% gains RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Longby ProjectSyndicateUpdated 4646133
🔥 Total Marketcap PERFECT Break Out: More Gains Coming!After trading below the dotted purple resistance line for the better part of 2022, TOTAL has finally broken out. To add, the break out was a magnificent break out > retest > continuation of the trend. Very bullish! I'm looking for more gains in the near-term. See blue lines for my targets. Long-term still looks muddy. I'm quite confident that we're not going to make a new all time high this year, but surely we can see nice profits coming to us!Longby FieryTrading131335
Bitcoin under resistanceLets keep this easy - Look on the Left. We were under this line of resistance and also came up to the line fairly fast and then got rejected. If we keep it Simple and just lok at the candles, thats 3 weeks before we broke out and I think we may possibly be doing the same now. PA may well wick up and out on a Weekly chart but he body will remain below while MACD and RSI cool off enough for the next leg up Lets seeby Orriginal0
MAJOR DROP JANUARY 2023 Crypto MARKET CAP 400 BILLIONHello, the Crypto Market cap is due to shed 50% or more in the beginning part of 2023 with a quick recovery after Q1 into Q2. At this moment the macros agree that we have one last leg down until the main BEAR MARKET dip which I estimate will be in January 2023. If you're longing here, you'll be in profit summer 2023 but if you're waiting to long then its good to wait. Every price from this post will cut in over 50% all cryptos within the month. This will align with the attached BITCOIN 2023 DIP CHART. TARGET MARKET CAP BUY IN AT 350 BILLION - 400 BILLION ENJOY and good luck!by CryptoToTheFutureUpdated 3315
Total Market View- Yes. BTC fell under 300MA for the first time in 2022. - No. Total Market Didn't Fall under 300MA in 2022. - BTC Dominance was 100% in 2013-2017. - BTC Dominance Top was 70% in 2017-2020. - BTC Dominance Top was 50% in 2020-2022. - Crypto industry is growing very fast. - TheKing will lead the way but, he's not alone anymore. Happy Tr4Ding!by thecryerUpdated 171723
$TOTAL vs $BTC part 1$Total vs $BTC You can also compare how TOTAL3 is lagging compared to Total, Total2, and BTC Fact that #BTC is testing long term downtrend SHOWS #BITCOIN is LEADING the charge Yes, #altcoin are ripping BUT BTC is leading move BY STRENGTH, mkt cap Bitcoin hasn't really done this last 2 times Next couple days = IMPORANT Need Volume & Breakout #cryptoby ROYAL_OAK_INC2
MARKET CONDITIONHere we can see that TOTAL MARKET CAP has a RESISTANCE at the zone of "1.4 T" and if it takes RESISTANCE from the zone we can see a good correction in the market. Please avoid to take LONG TRADES at this time and if the the candle takes correction from the point you can look for short trades in the market. ENJOY!!!!!!!!!by Rivani20064
Big Bull Trap Please witness bulls getting annihilated. Load 1.222T before dumping down to 350 Billy. I'll buy your bags off you tyvm. Till then we ball and bid heavy. by DilbarKhakh331
TOTAL CryptoMArket Cap Daily UpdateDaily TOTAL chart shows we near completed to the neckline of FTX crash recovery MACD, RSI & StochRSI all overbought 4 hour shows similar state and so it is very likely that PA will remain range bound along the trendline now, but as support VERY BULLISH for future moves But I think we still need to take care that is not turned into a Bull trap by those BEars with Attitude. Right now, TradFi is battling hard and, if I am honest, I will remain very cautiousby Orriginal0
Bullish Crypto Market: Long positionCrypto Market Technical Analysis: January 20th, 2023 Technical Indicator Analysis - RSI: Strong bullish trend with values consistently above 50. - RSI14 moving average: Shows a steady upward trend. - HMA: Shows a steady upward trend with a current value of 945.56B. - CCI: Shows a strong bullish trend with values consistently above 0. - DMI: Shows a strong bullish trend with +DI values consistently above -DI values. - Net volume: Shows consistent positive net volume, indicating strong buying pressure. Key Findings All the indicators analyzed show a bullish trend in the market with strong buying pressure. The values are all above their corresponding 14-day averages, indicating a strong bullish trend and the trend indicators are indicating a weak bearish trend. Chart Patterns Bullish Divergence and Bull Flag patterns were detected in the analysis. Implications: The bullish divergence and bull flag patterns indicate a possible uptrend in the market. Support and Resistance The support level is at 930.000B and the resistance level is at 995.000B. Breakout Probability: There is a 65% probability that the resistance level will be broken and a 35% probability that the support level will be broken. Conclusions 1. The analysis of all the technical indicators shows a strong bullish trend in the market with strong buying pressure. 2. The best move in this scenario would be to enter a long position in the market. The probability of success for this move is estimated at 80% based on the data and analysis. 3. Indicator to watch out for that could indicate a failing move would be a significant drop in RSI values below 50. 4. Take profit range in percentage is estimated at 3% to 5% and the exact price range is between 965B to 990B. Stop loss range in percentage is estimated at 2% to 3% and the exact price range is between 930B to 940B. 5. The best entry level is at 940B, and the best exit level is at 990B 6. The bulls are in control with the percentage of 75%. 7. The prediction for the next day's price is 975B, the HMA value is 970.000B, the CCI is 100.00 and the net volume is estimated to be around 100B Disclaimer: This post is for informational and educational purposes only and should not be considered as investment advice. It is important to conduct your own research and analysis before making any investment decisions. Additionally, it's important to note that technical analysis is just one aspect of evaluating a market and it should be used in conjunction with other forms of analysis such as fundamental analysis and market sentiment analysis.Longby BC-WHISPER2
Total market capTotal market cap >> Harmonic bat negative We may see a drop in the coming days. Be careful .Shortby NTAQ222
$TOTAL looks good - $BTC LEADS = VERY GOOD SIGN$TOTAL = ALL #CRYPTO including $BTC + $ETH This index looks good Volume lacks but majority of ppl were decimated These are players who still have $, movers, smart $ #TOTAL3 = #altcoins, no #BTC or #Eth This index is weaker Shows how STRONG #bitcoin has been = VERY GOODby ROYAL_OAK_INC0
Market cap To 1 trillion usd Market cap to 1trillion and btc will goto 21500 lavel Longby ihtisham_malik0
Crypto Market Bullish Divergence - Buy Now?Crypto Market Technical Indicator Analysis - January 19th, 2023 Summary In this report, we analyzed various technical indicators for the total crypto market capitalization during the week of January 8th to January 19th, 2023. We calculated the average of the previous 10 days of data for each indicator, compared the last day's data to its corresponding average and the entire range of data provided, and analyzed the correlation between these comparisons. We also detected chart patterns, drew conclusions, and provided a recommendation for potential investors. Key Findings Most indicators are trending upward, with the exception of CCI 20 which is trending downward. 1. The RSI14 indicates a downward trend with a deviation of -1.63% from the 10-day average. 2. The RSI Moving Average indicates an upward trend with a deviation of 8.24% from the 10-day average. 3. The HMA indicates an upward trend with a market capitalization of 945.979B on January 19th. 4. The Trend Indicator shows a consistent trend up with a value of 92.86% on January 19th and a trend down of 7.14%. 5. The CCI 20 indicates a downward trend with a value of 94.21 on January 19th, deviation of -52.33% from the 10-day average. 6. The DMI 14 indicates a Bullish Divergence pattern, indicating potential for a market reversal. Recommendation 1. Hold onto current investments and monitoring the market for signs of reversal. 2. Long position with a stop loss at 7% below current market value and a take profit at 10% above current market value, with an estimated probability of success at 60%. 3. Watch out for a break below the support level of RSI14 in case of market reversal. It is important to conduct further research and stay informed on market developments before making any investment decisions.Longby BC-WHISPER2
📈 Total Crypto Market Cap. Better Than ExpectedI was expecting to see a strong drop, a retrace right after the market grew by more than 300B... This didn't happen. The TOTAL Index chart is looking better than expected. We know this one and BTCUSD are quite similar which is normal of course, since Bitcoin is the biggest crypto and thus drives the market to follow whatever it does. MA200 has been tested as support and it holds. This is good news as it can open the door for additional growth. We have a bullish cross of EMA10 and MA200, this is amazing news as it can push everything higher up. The RSI as it is, support another rise in price. If there is any kind of bearish action, it should be fast but short-lived. At most, it would be some sort of shakeout because the bulls are fully ahead... There is really nobody to sell, sellers are exhausted and that is why consolidation is taken place. No weak hands left? Then crypto can move ahead. Namaste.Longby AlanSantana3336
CRYPTO TOTAL MARKET CAP! Important Chart Update❗️CRYPTO TOTAL MARKET CAP, $ On the weekly timeframe, we are currently rejecting from the resistance of this falling wedge. Expecting to see a rejection from here.Shortby AltSh2
$CRYPTO Total Market Cap - 3.6T LoadingCat calling $3.6T Total Crypto Market Cap 2023. Parabolic blow off 1st-2nd QT of 2023, followed by an equally impressive crash in all markets.Longby BandIT369112
crypto market is shost term bulishthis is my prediction to total cr cap by bibonacci retracement and volume profile analysis. Shortby Kryptowiz550
Crypto wants to rebalance the GAP [4H TF]From this chart we can see the price is trying to rebalance the gap below. I assume that the price will move up lil bit... then down to the gap areaShortby dokterTrader0
Crypto Market: Bullish Signs Amid Overbought ConditionsTotal Crypto Market Cap Technical Analysis Report Introduction This technical indicators report provides an overview of the total crypto market cap using data from Sunday 08/01/2023 to Wednesday 18/01/2023. We will be taking a closer look at the Relative Strength Index (RSI), Hull Moving Average (HMA), a trend indicator, Commodity Channel Index (CCI), Directional Movement Index (DMI) and net volume, as well as chart patterns to get a better understanding of the current market conditions. Relative Strength Index (RSI) The RSI compares the magnitude of recent gains to recent losses, in order to determine overbought and oversold conditions. The recent RSI value is 74.11 on Wednesday 18th January, which suggests that the market is currently in neutral conditions. The 11-day average RSI is 70.98. This is lower than the recent RSI value, indicating that the market may be overbought. Hull Moving Average (HMA) The HMA is a technical indicator that uses a weighted moving average to reduce the lag and increase sensitivity to market movements. The recent HMA value is 960.475B on Wednesday 18th January. This is below the 11-day average HMA of 971.53B, indicating that the market may be experiencing a downward trend. Trend Indicator The trend indicator is used to measure trend strength and direction, with the up-trend representing the strength of an uptrend and the down-trend representing the strength of a downtrend. The recent trend indicator values are up-trend 100% and down-trend 14.29% on Wednesday 18th January. This suggests that the market is currently experiencing a strong uptrend, but may be losing momentum. Commodity Channel Index (CCI) The CCI is a momentum indicator that measures the deviation of an asset's price from its statistical mean. The recent CCI value is 94.48 on Wednesday 18th January. This is below the 11-day average CCI of 143.95, indicating that the market may be oversold. Directional Movement Index (DMI) The DMI is a technical indicator that helps identify the strength and direction of a trend. The recent DMI values are ADX 43.64, +DI 33.34, and -DI 9.84 on Wednesday 18th January. This suggests that the market is currently in a period of consolidation, with neither bulls nor bears currently having a clear advantage. Net Volume Net volume is the difference between buying and selling volume, it can be used to identify the market sentiment. The recent net volume is -79.09B on Wednesday 18th January. This suggests that the selling volume is greater than the buying volume, indicating a bearish sentiment in the market. Chart Patterns Chart patterns can provide valuable insights into future price movements. The chart pattern analysis should be done over the data given, some important observations include; 1. Bullish flag and pennant patterns : these were identified on Monday 09th January and Tuesday 10th January respectively, these are technical analysis patterns that can occur after a sharp price movement and are typically considered continuation patterns, which suggest that the current trend is likely to continue. 2. Bullish Divergence : On Monday 16/01/2023 and Tuesday 17/01/2023, a bullish divergence with the DMI and the net volume was observed, where the DMI is trending upward and the net volume is decreasing. This suggests that the market is likely to continue its upward trend after a period of consolidation. 3. Bearish reversal : On Wednesday 18/01/2023, a bearish reversal pattern, like head and shoulders, was identified, which suggests that the market may be reversing its current uptrend and heading towards a downtrend. Conclusion The crypto market has been experiencing an upward trend over the past week, with indicators suggesting that the market may be overbought and oversold. However, the trend indicator suggests that the market is still in a strong uptrend, but may be losing momentum. Chart patterns also suggest that the market may be reversing its current uptrend. It's important to note that the crypto market is highly volatile and can be subject to sudden changes in sentiment. Stay vigilant and keep an eye on any relevant news and events, use risk management strategies to protect your investments and always do your own research and never invest more than you can afford to lose.by BC-WHISPER113
CRYPTOCAP - Time for a correctionHello everyone, Crypto markets have recovered large portions of losses made since early Nov. BTC is trading above the 200D SMA, along with the crypto market cap, indicating a bullish sentiment. I don't think it's time to FOMO yet though. Despite BTC making somewhat of a higher high on longer TF, the total crypto market has yet to follow, indicating weakness. A view from a lower time frame, the total crypto market cap has rejected 950B resistance zone. Current formation seems to be a descending triangle, indicating the build up of short interest at this key zone. The local support zone is 920, 200 D SMA (900), and 100 D SMA (835). Let me know what you think. Shortby UnknownUnicorn11898468Updated 115