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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

Crypto Market Cap UpdateInteresting things happening in this chart , Crypto Market Cap "Excluding BTC". The head and shoulders pattern is clearly playing out and the technical target of this pattern would be at 303 billion dollars which happens to line up perfectly to the 0.618 Fib. At the same time we have a very rare signal flashing in this RSI indicator I use , it's based on the elliott wave theory and shows when waves have completed 5 counts , since 2018 we have had just three signals and keep in mind this is not a lagging indicator its real time . Last time we got green triangle was the bottom of the bear market in December 2018 and now its flashing again , keep in mind that in order to confirm this signal we must close the weekly and if market cap goes lower the signal will move to the next candle , always have to wait for candle after for confirmation of a trend reversal. The point is that the fact that its flashed on means the bottom is could be near for the alt coins but this head and shoulders pattern has over 80% success rate so if it does play out it would be a brutal move down to 303 billion.
CRYPTOCAP:TOTAL2
by Sporia
1
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
CRYPTOCAP:TOTAL2
by cryptodonovan
#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...
CRYPTOCAP:TOTAL2
by CryptoSanders9563
#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
CRYPTOCAP:TOTAL2Long
by CRYPTOMOJO_TA