#ALTS MARKET CAP UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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.
TOTAL 2 UPDATES:
total 2 is making this big descending channel pattern, currently, it looks like it is going to retest the lower support.
we can bounce from the lower support of this channel so let's see how it goes.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
I would also love to know your charts and views in the comment section.
Thank you
TOTAL2 trade ideas
Total 2 Analysis? more dip is coming!!!📊 Total2 marketcap
🕒 Daily Analysis
🟢 The TOTAL2 broke the important support and dumped hard from breaker block. Most altcoins see double digit loss in last 48 hours. TOTAL2 is now taking support at $780-$800 billion area. IWe might see a test of $925-$970 billion resistance now. If it goes above this resistance then we see some positive movement otherwise the dump will continue. Use proper stop in all your position because of market situation.
ALTCOINS ARE TRASHED Altcoin next stop is 400B.
Then 200B.
We may get back to COVID low like Netflix did.
From the COVID low 20B dollar for Altcoin, It has done 80x to reach ATH of 1.7Trillion dollars for nothing, no real usages, some Jpeg, Metaverse hype, P2E hype, Web3.0, Dao, Memes,... A lot of shits in the Altcoin market.
Now we will pay the price for FOMO in the market after it has done 50x-60x.
The pain is yet to come.
- You have seen irrational of Altcoins Market Cap. Just a hype, merely an idea and a website it has reached billion of dollars market cap.
- I see it as a Dotcom Bubble all over again.
- Like Market Makers said we were in the biggest and longest bulllrun ever since 2008 in stock market and crypto market.
- This bubble will cost so much to the people. The crash will not be in a day or two. It's gonna be a slow bleed and then Capitulation.
- Bitcoin may drop lower than 10k
- And Altcoins will be nothing.
Stack some money to buy the greatest dip in the FINANCIAL MARKET HISTORY.
#TOTAL2 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
A very good position for ALTS!!
Total2 still holds support and is testing the previous resistance trendline and the altcoin may pump
If it is broken and closed downside from the support level then the chart will be invalid.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
TOTAL 2 - Finding support, Trend break on mid-term draw down?Keep an eye on TOTAL2 Chart
strong close sees TOTAL2 attempting to break mid-term down trend
Heavy Bearish sentiment but some positive signs for short to mid-term trades
Resistance and support marked
In the unlikely scenario we break above marked neck line on inv' H&S, obviously things will shift very rapidly
Positive indicators on Daily:
MACD bullish cross
RSI breaking trend
Viewed in context of Macro trend:
Let the ALT season beginsLooks like the bottom has been found and the second wave ended so we can expect 3. an impulse wave upwards that should be the biggest one in the last fifth wave of the current cycle. Some of the ALT coins have reached his fib extensions level and now it's the time for the rest live ones to rise before the end of the cycle.
Non-BTC/ETH Alts approach "bounce or break" moment!!Over the past year, alt coins in the crypto space have been taking quite a hit from the back-and-forth motions of BTC and ETH. Alt-coins are once again at their own recent lows when BTC was between $32-33K back in January despite the price of bitcoin dancing around a significantly higher $37-38K price today.
I typically believe that ETH determines the general direction of the crypto space instead of BTC (albeit BTC can determine the trend for ETH). However, there are quite a few occasions whereby cryptocurrencies can deviate from both BTC and ETH as indicated in these charts.
The first chart is the percentages of all cryptos BUT bitcoin and ethereum . As you can very well see, the percentages have been forming an ascending triangle pattern (bullish pennant?) over the past year, and once again the percentages are nearing the bottom of this triangle.
The second chart is the total market cap of all crypto EXCEPT bitcoin and ethereum , and it appears that an ascending channel has been forming since early 2021 for which the market cap is once again near the bottom of this trend line (for details on how I calculated the total market cap of everything BUT bitcoin and ethereum, see my previous post on how you too can calculate this value and more ).
The key question is: will these resistances hold or will they break over the next few days? Either way, these look to be interesting charts to keep an eye on for the trend of crypto beyond just BTC and ETH over the next few days/weeks.
But as always, this is solely my opinion and should not be taken as financial advice. But please like or comment if you agree or see anything further!
Crypto Market Cap bounced off a double support❗️💎On April 30, TOTAL2 had reached and rejected two technical indicators at 966.832B. The first is an 8/1 Gann Fan trendline and the second is a 0% Fibonacci level. We applied the Fibonacci so that 50% is placed right at the ascending channel breakout point. This way, Fibs show that after the breakout, the price has dropped the same distance as the width of the channel.
💎After the bounce, TOTAL2 retraced up, but failed to break a simple downtrend trendline. For the time being, we are likely to witness a short-term consolidation, between the strong psychological resistance near 1.0T and technical support at 946B.
💎Bears remain in control as long as........
TOTAL 2 What is a Tripple bottom reversal?
There should be an existing downtrend in place before the pattern occurs. The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal.
is the market forming a Tripple Bottom Reversal?
if that is So, we may see a sharp 8 to 10% down More in Crypto market to confirm the pattern and a wick would give us more confirmation of a reversal.
ALTS MARKET CAP 12 HOURS UPDATEHi 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.
TOTAL 2 UPDATES:
total 2 is making this big EXPENDING channel pattern, currently, it looks like it is going to retest the lower support.
we can bounce from the lower support of this channel so let's see how it goes.
RSI is showing some bearish divergence move.
if it breaks the lower support of this channel then the chart will be invalided
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 - Little strength but holding for now. Intraday tradingWhat to do with ALTs? In my recent ROSE analysis I included this TOTAL2 chart, just wanting to show a quick update. Somewhat remarkably, despite a few significant wicks below the trend, this structure of TOTAL2 is still in place, within this descending channel BUT now below many key levels.
Let me be clear - this is structurally very weak, but we can possibly get a small bounce and can speculate on intraday alt trades. If we see TOTAL pierce through the resistance levels (dotted line) and regain support above and test the declining channel obviously we can feel more bullish on alts.
Though to my mind the market is very fragile right now, I am currently ONLY trading ROSE and BTC
But this isn't to say there aren't other opportunities, and I will be speculating on them if I see them
Alt coins marketcapTo me it looks like alts held the 1T support is still unclear what is gonna happen later on but I bought the support some alts coins I bought , unless we lose the support will hold until then , DXY is running very hot so we should expect a decline soon and we could see crypto rally,
TOTAL MARKET CAP 12 HOURS UPDATE 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.
TOTAL 2 UPDATES:
total 2 is making this big ascending channel pattern, currently, it is making this falling wedge pattern inside the channel.
we bounced from the lower support of this channel but we need to break out this falling wedge pattern let's see how it goes.
RSI is showing some bullish divergence move.
if it breaks the lower support of this channel then the chart will be invalided
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