TOTAL2 IdeaIdea for TOTAL2 showing points in grey circles crossing the indicator leading to the indicator flipping to its bullish state
This can be observed to be currently happening on price
Will history repeat?
I suspect we will see a bit of a relief / bear market rally following all of this bloodshed
TOTAL2 trade ideas
TOTAL2: ALTS RELIEF BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update. As 2022 is ending and this year might be not good for us but hope 2023 will be the best year for everyone and you guys make a lot of money this year.
According to the chart, Total2 is an important support level and currently holds this support very well. We can expect a bounce from here. It means we see some relief rally in Alts in the first two weeks of 2023. Rsis also shows bullish divergence.
Invalidation level:- Daily close below $430B
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Wish you a very happy new year everyone. Hope this year brings lots of joy and happiness in your life.
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new analysisIt's really hard to explain this
but we have a slight downpour, and then about 1 month to 45 days the market is bullish , and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%,
and then we have a terrible fall that many currencies will be destroyed
if you like analysis with me. Join me and make a profit to message me or comment
I put 7 new analyzes I will let you see all the analysis to pay attention to the analysis dates and do not harm
TOTAL2 : Will the $420 billion support be maintained?USDT.D index and TOTAL index were checked simultaneously.
Short-term support is at $420 billion and short-term resistance is at $500 billion.
You have to be very cautious, because in case of losing the support of 420 billion dollars, the market can fall to the range of 260 billion dollars from the technical point of view as well as supply and demand.
TOTAL3: STILL ABOVE THE SUPPORTING TRENDLINE.Hello traders, here is a quick update on the Total Market Capital (Excluding BTC).
Timeframe: Weekly.
The Totoal2 has been under a downward trend for quite a long time. A trillion-dollar market has now come down to 446.8 billion dollars within a year. Still, after a drastic change in the price action, Total2 has managed to stay above the support line. This can turn out to be a positive thing for the altcoin market. If the T2 sustains this support level then we can expect a bounce back toward the 700 billion dollars resistance trendline. This means, a good green rally for the altcoins.
If T2 breaks down below the trendline line then things may get worse for the altcoin market. As of now, things look under control and I am hoping that the T2 will make a positive move soon.
That's it from my end, I will see you in my next update.
Enjoy your Christmas, guys.
📈 TOTAL2 iH&S | Altcoins To Recovery SoonWe have an inverse Heads & Shoulder pattern on the TOTAL2 chart.
The Altcoins are about to recover.
This is a bullish pattern and shows up at the bottom of a trend/near support.
So far we also have a higher low in December compared to November.
One final signal favoring the bulls is a bullish divergence with the RSI.
These are early signals but good nonetheless.
Stay strong, stay good, be good, stay safe.
Trade safely and plan ahead of jumping into any trades.
Thank you for reading.
Namaste.
$CRYPTO TOTAL MARKET CAP EXCLUDE $BTCFolks, I don't think we are even close to the bottom of the market yet. This chart is CRYPTO TOTAL MARKET CAP EXCLUDE BTC, and if you look carefully, #head_and_shoulders_pattern matches with target #falling_triangle_pattern. Whole #Altcoin MC will fall other -70%, and have a correction of -92%, which is normal for #Altcoins 🤭. Whatever it looks very bad.
Insanity ahead, once bear is over
Why? Because its already triggered as long as major 4.236 holds.
Top for the altcoins will be major 8.236 extension because major w3 (yellow) > 4.236.
And guess whats the confluence for the local wave? Right w3 (red) on 2.618 implicating w5 (red) on 4.236.
Oh those just match by coincidence? Riiiiiiiiiight...
Hold my beer pls
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No financial advice, do your own research, don't be stupid
TOTAL3 ALTCOINS vs TOTAL 2 ETH vs TOTAL BTC
As mentioned in a tweet, we should pay attention to what TOTAL3 (orange) is doing and not TOTAL2.
If we look at the difference, we see TOTAL3 has already R/S flipped the june low (as well as BTC has done) while ETH is able to keep TOTAL2 yet above.
Implication from here: ETH looking strongest of all (alt) coins, maybe even stronger than BTC for now, but its the last coin keeping the faith here, once ETH starts dipping, theres no way back
Hold my beer pls
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No financial advice, do your own research, don't be stupid
💥$TOTAL2 - STRUGGLE CONTINUES✊🏽We all anticipate for the bear to end but charts are proving otherwise. The crypto Total Market Cap Exclude BTC chart shown here indicate that we have liquidity sitting at $208B.
A breakout below the triangle will quicken this bias.
What do you think?
Not a financial advice 🙅🏼♂️
Share your opinion in the comment section✍️
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Happy Trading💰💵💸
Altcoins Local Bottom? Think Again(Opinion)
A local floor may be forming in the altcoin market.
CM_Williams_Vix_Fix_Finds Market Bottoms Indicator is starting to form one on the 1-hour. This may be short lived though.
The DXY still have room to move upward after its first few hours being open. This could potentially push the TOTAL / TOTAL2 down further.
4-hour charts for the TOTAL / TOTAL2 also have much room for a continued move down if we break this support level.
Bulls beware. It's going to be an intense week with the FOMC meeting on the 13th & 14th.
ALTCOINS Watch alts explode in 2023 if Dollar moves lowerThe chart is pretty self-explanatory. The Crypto Total Market Cap (top chart), which is the market cap excluding Bitcoin has had strong expansion periods when the DXY (bottom chart) was on a downtrend. The pattern behaviour before and after those periods seem to be consistent between them.
Now the DXY had a major rejection on a Higher Highs Resistance that goes back to March 2015. The parabolic channel before that seems consistent with the one in 2016. If we get a similar downtrend channel to the 90.000 Support similar to 2017, when expect the alts to explode in a major alt season.
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Altcoins channel cross⭐️occurred as predicted in November🚨🚨🚨Altcoins channel cross⭐️occurred as predicted in November🚨🚨🚨
A channel cross can signal the "bottom is in" since we saw lowest low in the red main bear run
We are now in the gray accumulation phase
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
$TOTAL2keep tracking this once a month played out as expected but not the path to the T
at present bouncing from a key support on HTF reclaiming 200 should kick it up to the 50 ema
most likely chop in this zone till sep 2023 before a dip then rip .
lets check back in a bit...
key meetings coming up on the 9th and 13th so expect movement there
Total2 analysisIf you have seen my previous analysis about the totals that I put in the caption, you will understand that I predicted this fall in the total market and now we are returning to the pivot and we have also formed a low falling pattern that indicates a fall. The fact that there are total altcoins means that there is going to be a crash, when money comes out of altcoins and the whales are at the bottom of the bitcoin price. save more bitcoins and then we will see an increase in the price of bitcoins up to $28,000