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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

Reversal head and shoulders pattern on weekly time frametotal 2/W Altcoins index (the total volume of the money market other than Bitcoin) In the weekly (long-term) timeframe, what the chart shows is the formation of a bullish inverse head and shoulder pattern. Of course, the pattern has not been confirmed yet and it is not possible to comment much on it, there is only a possibility that if this happens, we can see a very good growth in the market as a whole. Of course, altcoins are currently being reformed. Pay attention, friends, the analysis time is weekly and takes a lot of time...
CRYPTOCAP:TOTAL2
by SAFAR1365
4
Total 2:There are good candles in four hours, two of them are flat, we can take a long position out of it, so Bitcoin dominance is also suffering, so find bullish Bitcoin as long as Bitcoin dominance is bullish, I will not collect altcoins myself. But, well, this is me, you have to analyze it yourself, in fifteen minutes, it will confirm after 523, for long position below 513, it will confirm, for short position, don't open earlier, it's all 4% more, so when you are not sure, let it go, save your head.
CRYPTOCAP:TOTAL2
by rmitaryan
Altcoins' Downturn & Bitcoin's Unmatched SupremacyLet's cut to the chase. As an advanced analyst, I see a cataclysmic drop in altcoins on the horizon (obviously). This isn't just a hunch; my trusted charts reveal a looming dive to super low levels. Even stable-coins like tether, which often a safe haven, are part of this story, affecting the Total2 index. Stable coins make up about 120 billion dollars (20% of Total2) as of June 13, 2023. But don't worry! Bitcoin stands tall amidst this chaos. It's the clear leader, shining in technical prowess and visuals. Altcoins, in comparison, are garbage securities which just don't measure up. As altcoins lose steam and get sued to zero, I see money moving back into Bitcoin, further solidifying its top spot. In short, brace for an altcoin shake-up, stay prepared, and always trust the charts. Especially mine. Not these SCAM ARTISTS who know ASBOLUTELY NOTHING about financial markets. See my inverse - Bullish Bitcoin idea linked below...
CRYPTOCAP:TOTAL2Short
by MichaelBsul
4
Expanded Flat -> Triple-BottomTotal2 looks like an expanded flat completing its reversal at the end of a C wave. It has twice bottomed just shy of the 1.618 for its trend-based fib, and may or may not reach a 3rd bottom near this area before exiting above its neckline. If it doesn't reach bottom again, it's possible it could perform a move similar to what INDEX:BTCUSD did here: However, it has so far failed to maintain a breakout if we draw a similar wedge on Total2: A 1x measured target lines up with its 50% trend-based fib, while the 2x measured target for the triple-bottom lines up exactly with its 0% fib, exactly where total2 reached its ATH. This would go in line with my theory that movements in DXY could lead to recoveries across multiple markets that end in double-tops.
CRYPTOCAP:TOTAL2
by dudebruhwhoa
Total 2 - Altcoins minus BTC TOTAL 2 - Crypto Market Cap minus BTC Three confirmations for bull status 1. Above 100 week SMA (No where close) 2. Complete 149 weeks in Pennant (Dec 2023) 3. Break above Point of Control (POC) The 2018 - 2020 fractal is overlaid for perspective only The Point of Control (POC) is the price level at which the greatest number of contracts have been traded within a volume profile (THICK RED LINE). This line naturally coincides with resistance overhead. Its important to recognize that the chart is just a perspective that aims at helping with timing an entry with a good potential outcome. With three indicators backing your trade you would have a better probability outcome. So we wait for the three confirmations to occur. Could you be accumulating sure.... but why would you when we are under the 100 week SMA appear to have more time to burn before a Bitcoin cycle really kicks off never mind the altcoins. Its important to recognize also that this chart includes ETH and ETH has been performing exceptionally well this cycle. I will be completing another chart excluding eth in coming days. I hope this chart helps you time your trade and your positing into altcoins, when the time is right, when we have confirmations and the wind at our back. PUKA
CRYPTOCAP:TOTAL2
by PukaCharts
Important levels and dates for $altcoinsStill think we'll see one push higher before the continuation of the bear market, however, alts may have a capitulation move first. If we look at Total2, we can see that $484B never got retested as support. So it would make sense that price action would need to test that level before a continuation higher. If it does get hit and bounces off that level, you can see the chart would form an inverse head and shoulders pattern. I could see a large bounce higher happening after to tag one of the higher two resistances (I lean towards the $800B one). Let's see if this plays out in the coming months. It looks like this would all need to play out before August.
CRYPTOCAP:TOTAL2Long
by benjihyam
UNI 22% upside incoming ?!! 💎 #Uni has shattered its long-standing support level and the lower limit of a triangle formation, indicating a likely extension of the bearish trend 📉 However, there's a crucial element to take into account. The price discovered support on the descending trend line, coupled with a bullish divergence on the MACD indicator, hinting at a possible rebound 🔼 We're looking at two potential scenarios: 1️⃣ A consistent drop following the breach of the last low 2️⃣ A pullback to the trend line prior to recommencing the downward trajectory Remember, ParadiseFamilyVIPs, in the ever-evolving crypto landscape, staying informed and adaptable is key. Stay tuned for more updates and happy trading!
CRYPTOCAP:TOTAL2Short
by MyCryptoParadise_Simon