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Crypto Total Market Cap Excluding BTC, $Crypto Total Market Cap Excluding BTC, $Crypto Total Market Cap Excluding BTC, $

Crypto Total Market Cap Excluding BTC, $

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TOTAL2 trade ideas

TOTAL2TOTAL2 Analysis TOTAL2 is the total market capitalization of cryptocurrencies, excluding the total capitalization of BTC. The chart clearly shows the formation of a bullish wedge. This is a technical analysis chart pattern that usually heralds a future uptrend. 📐A bullish wedge forms when the price range narrows and trading volumes decrease. Usually, the exit from the bullish wedge occurs upwards, with a breakout of the upper trend line. This signals a resumption of the growth trend. It is worth noting that you need to use additional indicators and analyze the news background to confirm the correctness of your forecast. Always trade responsibly and with a cool head. If you like the idea, don't forget to subscribe and rate like👍
CRYPTOCAP:TOTAL2
by Andrey_Crypto
ALTCOINS - Bullish Weekly OutlookNow that I have shown you the daily outlook on altcoins in my previous post "ALTCOINS - At Critical Support" Lets take a look at the weekly timeframe. The weekly timeframe also shows us that we could see a significant rally for altcoins as long as this level holds. The first thing to note is altcoins showed strong buying pressure around the $430 billion marketcap which was the top of our 2017 bull market. Old resistance = New Support. The next thing to note is our descending trendline of resistance from our high of $1.7 T. We recently broke above this trendline in early April and are now retesting it as new support! If this level is to hold we could see a marketcap of $700 billion or as high as $900 billion!
CRYPTOCAP:TOTAL2Long
by VIAQUANT
ALTCOINS - At Critical SupportHere we examine the Total Crypto Market Cap excluding BTC. This shows us the market cap of all cryptocurrencies alternative to BTC. This is an important chart as it gives us an idea of when we might see a mini "altseason". Let me stress that altcoins can be extremely volatile in periods of sideways chop for BTC, but if we are expecting BTC to go up (as stated in my last BTC post" we could see a bid on alts as well. Right now Alts are at critical support around $560 billion. If this level is lost, alts can lose up to $130 billion as they would be set to test their lows around $430 billion. If alts are to hold this level of market cap then alts could gain around $140 billion bringing us to a $700 billion marketcap (+24%) across altcoins.
CRYPTOCAP:TOTAL2
by VIAQUANT
TOTAL2 Elliott Waves Analysis (altcoins)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Looks like we have correction in form of flat(3-3-5). If markup is right soon we should to see upward movement. Entry: market and lower Main target zone: 720 - 780B cancellation of scenario - 500B ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
CRYPTOCAP:TOTAL2Long
by trytofeelpositive
4
Altcoin Apocalypse: Is This the End of the Crypto Revolution?Unfortunately, Altmarket cap isn't looking promising at the moment as we have just broken out of the head and shoulders neckline. This is a bearish signal for the market. What can we expect next? Based on the current price action, it is likely that we will retest the neckline as a resistance level. If the price fails to break above this level, it could confirm the validity of the breakout and lead to a further decline. In such a scenario, we might see the market cap dropping all the way back to the 501B level, which is a significant setback for the altcoin market. It is crucial to monitor the 500B level closely. This level acts as a key support, and if it is breached, it could trigger a more pronounced downtrend, pushing the market into what some traders refer to as an "oblivion black hole." To help you navigate these uncertain market conditions, I will provide periodic updates to keep you informed and minimize potential losses. Remember to trade cautiously and make informed decisions based on market analysis.
CRYPTOCAP:TOTAL2Short
by CryptoSlazy
ALT COINS Made a major bullish break-out above the Falling WedgeThe alt coin market (TOTAL2) broke last week above the Falling Wedge of the Bear Cycle that started in mid 2021. Currently we may be seeing a pull-back that may put the 1D MA50 (red trend-line) and 1W MA50 (blue trend-line) to test as Supports. On the long-term though, this break-out along with the formation of the Inverse Head and Shoulders (IH&S) pattern, targets much higher and more specifically the 2.0 Fibonacci extension at 1.135T. Note that it was the 1D MA50 crossing below the 1W MA50 in mid February that confirmed the long-term downtrend and similarly, it will most likely be last month's 1D MA50 crossing over the 1W MA50 that confirms the long-term uptrend/ Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTOCAP:TOTAL2Long
by TradingShot
8