ALTCOINS TOTAL MC :UPDATEHELLO
total2 hitting the intersection of strong support lines... coinciding with #DXY reaching a strong resistance level,
All this indicates a temporary recovery of the alternative currencies during the next week.
TOTAL2 trade ideas
Whale SightingThe green line in the indicator represents the biggest-sized wallets participating in the market and the red line represents the price. We can see whales coming into the market at a time where a potential reversal could be on the cards. What a time to be alive dawg
ALT/USD on the best place for a bounce !TOTAL2 (which is Top 125 altcoins vs USD) is currently retesting the 2018 top.
This was previously resistance and is now being tested as support.
This is a good time to dig into some altcoin charts to find some nice risk-adjusted longs because invalidation of the trade is quite close
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$BTC MCAP vs Rest of Crypto excluding BTCcheck this chart a few times a year ..looking for the blue line to reverse back down and form a death cross with the orange line or money from btc to flow into alts
for now dominance is on a tear but what goes up must flow back
confirmation of kick ass Alt season .
1 trillion used to be a dream a few years ago long term even half of gold market cap would be lovely ..
ALTCOIN Super Cycle speculation?INFLATION needs to be addressed and im wondering if the retrace after the C leg will kick off the ALTCOINS.
T1 & T2 will need to break through some resistance points.
Lets see what the news/narratives is during the retrace.
TOTAL2 Where will it recover? The 200MA is a strong point of support right now on the Weekly timeframe for the alt coin market cap
This will likely be the point of recovery from this current bearish action
Get the alt coins while they are cheap!!
TOTAL2TOTAL2
Like the Total chart, it is at its most critical point.
If the level is not supported in the line, it can fall to level 460, otherwise level 870 is available with divergence.
#USDT.D #TOTAL #TOTAL2 #BTCUSDT #ETHUSDT
HOW LOW, CAN WE GO! HOW LOW, CAN WE GO! (TOTAL2 VERSION)If I had to guess, the crypto market minus BTC still has ~10% of bleeding left to do before it hits previous support. Forgot to check but that's like a few billion at least.
Breakdown & bear retest of 200 on 3D supports this idea
Breakdown into oversold RSI on 3D indicates we may see a bounce soon - but it could also get stuck down there for a while while we continue down.
I think the admirable performance of ETH is the only thing keeping this afloat right now, and will be the only reason this *doesn't* play out, if it catches support sooner.
Anyone buying ETH around these levels will look like a genius a year or so from now...
happy trades, always ~
CD
TOTAL2 Completed H&S PatternThe altcoin market (TOTAL2) has completed a H&S pattern
While also including simultaneously a mini left shoulder and a mini right shoulder
A visually appealing pattern to view
Alt coins bottom?Last bear market total2 bottomed at around 23.6 level of Fibonacci and now it is around same level of last bull phase. Could this be the bottom of bear market?
alt coins alts aright at weekly support, if ti fails and drop lower, chances are another 30% down before it reached the weekly 200day moving average for support, already 10 red weeks bears getting exhausted buy now
#ALTS MARKET CAP ANALYSIS!!welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
#ALTS Market Cap Analysis
It is moving in a parallel channel in a bullish trend. It is currently trading above the trendline support. The RSI is in oversold territory. We will have to wait for a sustained breakout to confirm its next move.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
Thank you...
#ALTS MARKET CAP ANALYSIS!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#ALTS MARKET CAP ANALYSIS
It is moving in a symmetrical triangle in a downtrend. Currently holding above it's trendline support. MACD crossover is loosing bullish momentum. RSI is in the oversold region. We've to wait for a sustain breakout/breakdown to confirm it's next move.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
total2 over view you caN OPEN long position after the trend line breakes
and short when we lose the support line
TOTAL2 (Altcoin Market) Bearish SentimentUsing two different Fibonacci Circle plots we can see price being rejected at purple and inversely being supported as orange
Currently price is in the middle of the purple fib ring, this allows a bearish conclusion to be made
Bearish action is plotted by Bars pattern in red (just a guess of how it will undergo)
Once price reaches orange again resumption of a bull market is possible (green)
Bitcoin will recover before altcoins
long term trend line was missed !look from far
Altcoins need to capitulates..
so don't rush to buy
give a time to price
supports zones are clear in chart
Potential H&SLooking at RSI it is possible to get a little bit of upwards movement before we fall back down hard again
Alt coins entering Thrill & Euphoria Dear traders,
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
I think the alt coin acceleration is going to play out somewhat like this. Will take profits gradually in BTC.
1. Remember, buy alt coins where ALT/BTC charts are currently going sideways.
2. Use untested levels as TP's (take profit) on the ALT/BTC charts.
3. Dump the alt coin when the ALT/BTC chart is going vertical to the upside.
4. Look for alt coins that didn't left off yet and still going sideways.
5. Repeat steps 1,2,3. Until market is getting saturated.
Looks easy, but is pretty difficult.
Time focus and pay close attention lads.
WAGMI
Goodluck,
Doctor Hugo
Total (excluding Bitcoin $0) Of course just playing around here by maybe Bitcoin is the only real value asset here? Alt coins looking like a Tsunami of dotcoms
TOTAL2 1 Month AnalysisTOTAL 2 is on the support ($650B) right now. If it starts running from the support first destination is the trend resistance ($750B). If it breaks the trend next destination going to be EMA which is $950B. Then we can consider $1,2T
TOTALCRYPTOMARKETCAPhonestly im not bearish here...
think we see a recovery from this 55% drawdown
bullish c fork starting to look good...
obv never even broke bullish trendline
if that goes ill flip way more bearish
but fundamentally anyone in crypto knows the quality products built this cycle should stand the test of time and eventually institutional finance will have no choice but to start considering positions
the luna fiasco will only make them more wary and decide to do more thorough research before investing in bound to fail uponly ponzis
total cap eventual target in the long run is around 7trillion so weve got a ways to go before im going to loose total faith in this market
