TOTAL2 - Falling WedgeA large falling wedge structure which is a bullish structure This will be a break out of a larger long term structure that the falling wedge is encompassed in The structure on the Weekly is quite flat, we might see Uptober for bitcoin and altcoins. Longby Bixley1
uptober!!!altcoins really trying to make a break out here, been holding support and needs to make a decision this month. break support or falling wedgeby z3bracoRn1
CRYPTO TOTAL 2For a bullish continuation on altcoins, it is necessary to retrace above the broken trend line and then break above the devil number and then confirm as support. Otherwise, there is a very real possibility of the start of flushing into the sewer.Shortby trader-123456Updated 18187
Alts first plan200B will enter into Total2 within months and we are about to see the first 30B in the upcoming days/weeks.Longby eatesgural0
Alcoins in danger but opportunities to accumulate Hi all, I would like to update my previous analysis for alcoins. This new one give similar outcomes: altcoins are still bleeding and will do more. The reason is shown in chart: a H&S pattern was formed. The break-down of the neckline will trigger the way down to the support trendline of the descending channel. The only adjustment (wrt to the original one) is the new timeline where I expect a buy zone at the end of this year 2023 until the BTC's halving (end of April 2024). Certainly, this timeline is average estimation for all altcoins and it may change depending on each altcoin. What do you think about this analysis and what is your view on altcoins, in general and on a specific altcoin in particular? by evasivesteeringUpdated 888
A Possible Scenario TOTAL2Good evening friends, It was a little while ago, I was trying to compare situations and look at it in a way that made sense to me and how I should approach this accumulation period on the market. Sometimes its tough to call a time period distribution or accumulation, but we still try and play the game based on what we see. With that being said, I marked on the chart what I believe was accumulation before the last bull market, and if it is repeating it would mean we still got a little while to go before the boom. Which correlates with the cycles we've had before. I hope you find this useful. Trade thirsty. Longby mr_willmedina3
ALTCOIN MC update ; looks... badALTCOIN MC update ; looks... bad zoom in, you can see momentum is rolling over to the downside;;; again. its all just getting dragged out this time. which sucks because that prob means massively long lame asf bear market. good aspect of that is it gives you time to accumulate shit coins that will survive. aim for the ones with LONG dev runways who maintain development. thats it. the only two things that count. everything else will die or barely survive and only half ass pump next time. *activate hybernation mode *apply for mcdonalds jobShortby Crypto-Quantum-FoxUpdated 334
HAMMER TIMETotal 2 has almost printed a hammer, falling slightly shy of the mark with somecandle body just below the 618. It has formed at the VPOC and will likely get strength from the ETH hammer. Stay sharp! Longby MtGoxFX1
TOTAL2the market has already dropped 70% of the way. Currently, we will witness the last decline.Shortby Breakout_Alert4
total2Total Index Two Crypto Total Except Bitcoin The overall status in the weekly descending time - RSI is also within the Birish area The point we have in the past is that the candlestals are only infiltrated into the area and move upwards after a few re -candles and above the range. For now, we can expect to have a re -test of the 2, which could cause a further downward trend for the queen, and may be expected to climb after reaching this range, but with re -examination.Shortby Ja_Ra1
Altcoin Market Cap Potential through Wyckoff Analysis ๐๐๐ Wyckoff Analysis Refresher: Wyckoff analysis is a method for understanding the phases of price movements in markets. It encompasses Accumulation (a period of smart money buying), Markup (bullish phase), Distribution (smart money selling), and Markdown (bearish phase). ๐ Applying Wyckoff to Altcoins: We can adapt Wyckoff analysis to the altcoin market. Accumulation represents the phase when astute investors accumulate altcoins at low prices. Markup follows, with prices surging as the broader market catches on. ๐ Distribution and Markdown: After a substantial rise, we may see distribution, where early investors start selling. Markdown is the subsequent bearish phase when prices drop. ๐ Assessing Market Cap Potential: By analyzing altcoin price movements within these Wyckoff phases, we can gain insights into their market cap potential. If an altcoin is in the Accumulation phase, it may have untapped potential as smart money accumulates. ๐ก Key Takeaway: Wyckoff analysis can guide your altcoin investment decisions. If you identify an altcoin in the Accumulation phase, it might be a promising long-term bet. But remember, thorough research is crucial. ๐ฎ The Future Unveiled: Keep in mind that markets are dynamic, and past patterns don't guarantee future results. Wyckoff analysis is a tool to aid your decision-making, not a crystal ball. In conclusion, applying Wyckoff analysis to the altcoin market can provide a unique perspective on market cap potential. Recognizing which phase altcoins are in can help you make more informed investment choices. Stay analytical, stay vigilant, and remember โ understanding Wyckoff principles can empower you to navigate the altcoin landscape with a strategic edge! ๐๐ โSee related ideas belowโ Follow + Like this post and share your insights in the comments; your engagement fuels the creation of valuable content! ๐๐๐Longby Yaroslav_Krasko11
TOTAL2 ANALYSISCurrently, it is trying to hold above the EAM200 and trading below the descending trendline. We've to keep an eye on a solid breakout of the descending trendline which would be a further bullish confirmation after newsLongby CoiNook3
TOTAL2Hi, look at my previous analysis and gain your profit :https://www.tradingview.com/chart/TOTAL2/wiOqP9Jb-TOTAL2/ .....me personally took some of my profits off the table like polka dot but i think due to big bounce in bitcoin we can see second target in total 2 .....then we can take off some or profits but let our other coins like uni swap and ltc run more ..... Good luckby Logical_Markets1
TOTAL 2 S&R>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart. In 588 long and below 480 short. For short term trade setup. All important support and resistance's in Short -Mid - term marked on the chart. It's Not a financial advise. PLZ DYOR With hopping succesby imanff112
Altcoin Cycle TopsAlthough everyone is currently in search of the 'Cycle Bottom', I thought it just as interesting to point out an observation on the TOTAL 2 (Market Cap without BTC) chart, which has the potential to be a big insight into the next 'Cycle Top' for Alts. Although some Alts may have topped in May '21 (before the feeble 'blow off top' we had in November '21 last bull run), I think this chart could still be intuitive for ascertaining an edge to taking profit next time round. It's intrigues me to see that the last 2 Altcoin Market Cap 'Cycle Tops' indicated on this chart, have come 550 days (78 weeks) from the previous Bitcoin halving! Granted, many macro factors come in to price at cycle highs and lows, but the 'Bitcoin Halving' will always be the most influential pivot when ascertaining Bear and Bull trends in this space. If this is anything to go by, October '25 could be the next Altcoin Top should history wish to maintain recent habits. by Trader_GB1221
One big glance at all ALTCOINS Bullish or Bearish?In this video i analysed from top to bottom what to expect for the altcoin. There are 3 scenarios in total one being bullish in a short to midterm and 2 bearish in the mid-long term. This analysis takes into consideration the classical analyst view and the price action analyst.14:05by DewyCandles2
TOTAL2Hi everybody ,, as you are seeing on my chart ,,, i will unload my all nibbling alts positions around that TOTAL2 resistance...... Good luck Shortby Logical_Markets1
TOTAL2 - Retesting this Horizontal SupportTitle really says it all, simple support that is trying to be held. TOTAL2 has been sitting around 500 - 550B for awhile now which is a bullish sign. Patience pays. This is the 4Hr chart used to get a closer look at this support level. by Bixley0
#TOBTC #LQR #Total_2Support level for total 2 are important area which is 160 Day hold as a support zone next move to these support area may be a good spot trade on Alt's or ETH markets. DYOR!by tobtctrading2
Structural Similarities - TOTAL2The formation we are seeing now which is a potential bottom is similar in my eyes to what was seen before the massive moonshot on total2 post 2016 will there be a follow up run? I am very bullish right now on TOTAL2 and cryptocurrency. by Bixley4
TOTAL2Hi, based on usdt.d and total2 chart it is not far from logic to nibbling on some altcoin......just nibble....like xrp/Dot/uni/xlm/ada/matic/snx ....keep them in your radar.... Good luckLongby Logical_Markets0
Impact of Cryptocurrency Market Capitalization on Market DynamicIn the world of cryptocurrency, staying informed about market trends and indicators is essential for making informed trading decisions. One crucial metric that often goes hand-in-hand with market sentiment is the overall cryptocurrency market capitalization. This article delves into why keeping an eye on the cryptocurrency market capitalization is crucial and how it can provide insights into the broader market situation. Understanding Cryptocurrency Market Capitalization: Market capitalization refers to the total value of a cryptocurrency or the entire cryptocurrency market. It's calculated by multiplying the current price of a cryptocurrency by its circulating supply. Monitoring the market capitalization provides a snapshot of the market's size and valuation at any given time. The Impact on Market Dynamics: Keeping track of cryptocurrency market capitalization can offer valuable insights into market dynamics and trends. Here's why it matters: Market Sentiment Indicator: Changes in market capitalization can reflect shifts in investor sentiment. Rapid increases may indicate bullish enthusiasm, while significant declines might signify market apprehension. Market Trends Identification: Monitoring market capitalization over time can help identify trends such as bull markets, bear markets, and periods of consolidation. It offers a broader context for analyzing price movements. Relative Comparison: Comparing the market capitalization of different cryptocurrencies allows traders to assess their relative performance. It helps in identifying potential investment opportunities. Impact of Market Events: Major news, regulatory developments, or technological advancements can influence overall market capitalization. Tracking these changes can provide insights into market reactions. Market Liquidity: Market capitalization can also give an indication of the overall liquidity of the cryptocurrency market. Higher market capitalization often implies higher trading volumes and increased market activity. Conclusion: Monitoring the cryptocurrency market capitalization is an essential practice for traders and investors seeking a comprehensive understanding of the market's dynamics. It serves as a key indicator of sentiment, trends, and the broader market situation. Combining insights from market capitalization with technical analysis, fundamental research, and other indicators can enhance your decision-making process. As the cryptocurrency market continues to evolve, adapt your strategies to account for changing market conditions. Remember that market capitalization is just one piece of the puzzle, and a holistic approach that considers multiple factors is crucial for successful trading in this dynamic landscape. โSee related ideas belowโ Follow + Like this post and leave a nice comment, it will allow me to move faster and make more useful content! ๐๐๐Longby Yaroslav_Krasko8
Total 2:placed in the box, open a long position above 581 and open a short position below 576by rmitaryan112