TOTAL2 trade ideas
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
#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.
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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.
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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
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
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
Crypto Total Market capThis analyze is about the DogeFather token.it has formed couple formation and it is ready to delete 4 zeros soon.Not Financial advice.
DogeFather token
Contract;
0x15E2BFF3AB5dcF1F7b5b854636939F3649ce3cf8
it has formed couple formations that it can delete 4 zeros and 56% of supply already burned.
Copy and paste this url to check DogeFather token chart.
Bear market for the ALTS or there is a way out?Hi there!
You can see the Fib retracement of the previous big order flow is to the 61% level, next fig order flow is retracing to 100% so far. That's the level at 652 B. Nothing wrong unless we drop under the 100% Fib retracement.
This is very important level because if we drop under, we will probably be in a long bear market for the ALT coins. Let's hope to stay over the water and to bounce up. If we do bounce up, then we ultimately will be targeting to reach out the completion of the big ABCD pattern ending with the ellipse (1,85 T). That it would be a nice bull run for the ALTS. GL to us!
$TOTAL 2 - Alt coins have bounced off this important sup levelFor those who can stomach this crypto volatility, we have seen the market cap chart of the Alt coins bounce off $600mil this morning. Notice how important this support zone was in 2021 touching it multiple times and bouncing. Also importantly, this is where the anchored vwap zones come in using the December 2018 and March 2020 lows. This is no doubt an important support zone and bulls will want to protect it at all costs to keep Alt coins alive.
Note: Used a LOG chart to show more perspective, but same levels apply on the normal chart.