Cryptototalmarketcap
TOTAL (Crypto Total Market Cap) Crypto Index Analysis 09/04/2021earlier we have analyzed the market cap and hedged our portfolios with its Alpha Ratio Calculate based on this analysis:
as we can see it has followed the prediction up move, up to 2 Trillion Dollars.
fundamentals:
The total market value of cryptocurrencies pushed past $2 trillion for the first time, doubling in about two months amid surging institutional demand.
Bitcoin, the largest of the more than 6,600 coins tracked by CoinGecko, is worth more than $1 trillion alone after its price more than doubled in 2021 to $58,858. The five next biggest coins -- Ether, Binance Coin, Polkadot, Tether and Cardano -- have a combined value of about $422 billion.
Bitcoin has been on a tear as institutional investors dabble in crypto as a way to boost returns on cash in a world of near-zero interest rates. Tesla Inc. poured $1 billion of its reserves into Bitcoin and began accepting it as payment for cars. Morgan Stanley is allowing some of its wealthiest clients to add the token to their portfolios, while firms from Mastercard Inc. to PayPal Inc. have taken steps to embrace Bitcoin.
Bitcoin advanced Monday after Grayscale Bitcoin Trust -- the world’s largest institutional holder of the cryptocurrency, with $34 billion under management -- said it plans to convert the trust to an exchange-traded fund.
Last week, Coinbase Global Inc., the largest U.S. cryptocurrency exchange, said it’s planning for its shares to start trading later this month on the Nasdaq following a direct listing.
The global crypto market cap is $1.98T, a 1.34% increase over the last day.Read less
The total crypto market volume over the last 24 hours is $125.55B, which makes a 20.79% decrease. The total volume in DeFi is currently $11.31B, 9.01% of the total crypto market 24-hour volume. The volume of all stable coins is now $95.87B, which is 76.36% of the total crypto market 24-hour volume.
Bitcoin's price is currently $58,385.32.
Bitcoin’s dominance is currently 54.96%, a decrease of 0.22% over the day.
Technical Analysis:
as we can see there exist a Hidden Bullish Divergence or Price Action with MACD indicators and Histograms, which is the sign of bullish trend Continuation.
there are total of 2 Targets of 2.5T USD and 3.15T USD consequently defined by Fibonacci Projection of the initial impulsive wave post the accumulation phase.
we may have a very smoot target achievements as Fundamental Analysis and sentimental of the markets consent with Technical Analysis.
Why i am feeling sension of altcoins?This chart is the market cup of all altocoins, currently worth around $ 1 TB. On it you can see whether the money flows into or out of the market and what the market value is. Technical analysis tells me that the volume of money (price) is narrowing and will soon fall somewhere. He is sometimes under resistance at the moment. In the zoom, she fell out of the small lap where she found support and pushed back into the lap. There are only two directions. We will reject the price below the resistance and go lower to support the green, where we will bounce back and break the resistance again. Where there is a clear signal that money will flow into the market and the Bull market will begin, which supports my idea of making money on the move, see the charts I have shown you. It is a market without BTC and ETH.
Crypto Currency to the moon ?Recently I'm keeping my eye on major crypto currency and found a Cup and handle formation on Ethereum and in many more
Than I found same on the total crypto market cap! Will the vision of future as the crypto coming true?
Hope so with this analysis may be the crypto is going much hotter in upcoming decades
Well as per the prospective of the technical analysis the total market cap will grow to 3.6 Trillion dollars in near future
Pack your bags and get ready to spend vacations on the moon!
Hope you can relate my Idea to you ! If not Comment box is yours I will be happy to know your views
All the best for your future trades
TOTAL triangle or double top?#TOTAL
Crypto total market cap in weekly time frame shows 2 scenario that may happen:
1. Triangle pattern: it will come down to touch the support line of triangle and if it is holding this support and go up, then it can break the upper line of triangle and head up toward 4T.
2. Double top pattern: if it is going to break the ascending support and neckline of double top, then it is possible to dump to 400B. (which it is far away from reality when crypto is going to accept more and more in the world)
Crypto & Market Makers: how trends always reverse!The total crypto cap just fell out its rising wedge which means the market is in for a correction! Like I said at the start of the week, there were too many green days stringed together in cryptoland; which only means one thing: a correction is coming!
Be aware of the market maker!
Now let's have a conversation! We just came out of an insane run to the upside which many people believed Bitcoin (and alts) would go straight to the moon! Let me tell you something: the chance of such a scenario is zero. Why? Because (like I said) these markets are MADE by market MAKERS. If they let cryptoland run only run up without any retraces or corrections; they lose money. Are they in this business to lose money? No, they are not. They are not some sort of charity organization, quite frankly the opposite. This means that every time you buy or (even worse) place a leverage trade; they are on the opposite side of your trade. That means for them to make money, they need to bring the market to the opposite direction of where you think / want the market to go. Like I said earlier this week; BTC longs are at all time high; that means Bitcoin can never go the moon, impossible. Why? Because the market maker would lose money and guess what? They never lose money because they have enough liquidity to compete with Elon Musk, Bill Gates and George Soros at the same damn time.
How market makers always win.
So how do they work? Very simple: they use price action to trigger your emotions; equivalent to: Bitcoin to the moon or Bitcoin to zero. They run price in any of those directions, get traders committed to a move and before they know it reverse the trend in the opposite direction to bag THEIR profit. This what they do over and over and over again - and as longs as people act like people - they will win this game over and over again.
How to trade with leverage
So whats next? Well, first off; the market is likely to hit the liquidity box as seen on the chart. This is because the liquidity is there. What is liquidity? Liquidity are people's stops or liquidation points. Market makers will hunt those areas and that's why I never put a stop loss (in loss!) but monitor my trades in real time and close them when they are about to turn against me; like my last ETH trade. To be profitable with leverage you run a sum zero risk game, when in profit; trail your trade with a stop loss in profit or manually close it as soon as there are even just the slightest indications of price turning against you. Like I say in my bio: you do not hunt for maximum profit; you trade for maximum consistency of profitable trades, even if its just a couple procent. That said, if you want to be consistent in profit without staring at charts all day? You buy fundamentally strong coins at bear markets lows or DCA during bearish times, then you hodl until you see bull market mania. That's where you DCA OUT OF THE MARKET and wait for a bearish trend. Rinse, repeat. In general, only trade with money you can lose and never, never, never, ever sell a hodl portfolio at a loss. My own first chunk of a Bitcoin was bought in 2017, missed out on the top and hodled throughout the whole bear market and was sold at 64K 4 years later. (Why I sold there you can see with the analysis I made of April 14 linked below)
The state of the current crypto market
For the long term the crypto market is very bullish! There is no doubt in my mind about that. However we need to have a close look at how this mini bear market turns out. The runup of last week was unlike other runups with the RSI clearly breaking out of the bearish trend on the daily timeframe. However; the weekly and monthly time frame are still waiting for a confirmed bullish reversal. This is why I said at the beginning of the week that if you missed out on this latest move, accept that you missed out and sit on your hands. I have to admit that I missed it too as I'm trying to enjoy summer a bit after a winter full of trading. What I did do is hedge my risk; which means that deployed 20% of my stable coins into coins that I deem to be underpriced and I have 80% still waiting for the bottom of the current correction or possible the bottom of the bear market. Now, I will have some drawdown on that 20% of my portfolio in the coming week or two; that is likely but it is not a problem as I am 100% sure that those coins will at least 2x my buy in price in the coming year or (at worst) two years.
Support zones to consider
There are a few key support zones to consider; first the bullish support zone at the golden pocket. Staying around or above these levels for another week will most definitely lead us into more bullish action. Secondly; there is the liquidity zone; the preferred zone to take the market for the market makers; this is the most likely support zone. Thirdly we have a bearish support zone below that; even there we have a bullish scenario if we hold support at the bullish trendline. However if we break into the box or below our lowest low (dotted line) we might very well be in for more pain! Lets see what the weekend and the coming week bring us... Good luck to you all and trade safe!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Checking in on an old draw, from the depths the old Bear MarketWOW
Look at how we hit the 3.618 Fib Extension!
I'm not an OG Bitcoiner, but became aware of it early maybe in 2012
started doing my research on BTC in 2016 after noticing it was still alive and kicking
and the chart started to look real interesting to me in the mid $400's
and started invested and learning in 2017
we've come a long way since
many inroads & milestone have been made in that time
Now is the s curve adoption phase everything is in place for some unimaginable prices!
(not saying we wont expereince luls, dips, & "crashes" but from what heights!)
Crypto bullish or bearish?Will break upward from the large wedge and move into a blow off top phase? Or will a bearish wedge play out and will we break down?
Bias is towards the blow off top as that is historically how crypto bull cycles end, and we still have a lot of more deficit spending coming down the pike from Biden and his administration.
Bitcoin, Crypto, Gamestop, Elon MuskHello!
Here is a chart on Crypto Total Market Cap 2. I am not actually going to speak about the chart, more about fundamentals which I see right now.
I think it is time for the crypto markets to go kaboom upwards. (like they wouldn't have yet..) (Bitcoin)
Gamestop fighting. People against hedgefunds, Robinhood closing buy possibilities to the stock. This all makes Bitoins fundamentals stronger.
If you start to think about it. Everything which has a 3rd party which somehow "controls" something which people see negatively makes Bitcoins and other decentralized projects fundamentals more strong.
Elon Musk tweets "In retrospect, it was inevitable" and changes his bio to Bitcoin and after this Bitcoin rises like crazy. Here's a tweet about it .
United States and New York hasn't even woke up yet (time in New York when writtern 6.35) so I think we will see some price movement when the US stocks open. Even before.
If you take trades and are not holding for long term use stop loss.
Otherwise you will get your ass burned!
-Jebu
#4/5 TCAPHey guys ! Here's the fourth TCAP Chart of the day !
Unfortunately, the previous breakout attempt has been rejected and is now in consolidation again
but, if we follow it's current trend channel ( the two yellow parabolic rays ) we can see that on a longer term
it is still pretty bullish, so don't panic if the market bleed a little this week-end. *NEVER FORGET : A CORRECTION IN A BULL MARKET IS ONLY HEALTHY !*
don't hesitate to leave me a suggestion for my next TA down in the comments !
Be safe everyone ! :D
Crypto Total Market CapHello.
Here we are once again.
My last post was about Bitcoin Dominance and Ethereum . Which did play out pretty well if you ask me ;) Bitcoin Dominance did get rejected. For now..
Okay so we are now looking at the same chart Crypto total Market Cap Excluded BTC and the same RSI resistance line as before.
The RSI line did work out as an resistance but here we are back with recharged batteries testing the ("alts") resistance once again.
I think we might even brake it this time. We did see quite a move with Ethreum around 20% against Bitcoin! Which already tells me there is some power in this move.
Also now that Bitcoin hit 35k Is it possible that it seems quite expensive for people? (atleast for me).
If you see two options to buy Bitcoin 30k or one Eth 1K which one would you get. 0.033 BTC satoshis or one full Ethereum? I think alts might have an edge on this and this is one of the reasons we saw this kinda move with Ethereum. Of course this is just speculation so think by yourself.
We have now hit the Green RSI resistance line 5 times and we are tickeling the to get the sixth, RSI also turned upwards from falling wedge pattern so I do think we might even break it this time. Hopefully before 15 of january but this to happen we will need Bitcoin to stay chill.
If you do take trades use stop loss or you will get your ass burned!
1st mistake beginner traders do is taking too big risks!
-Jebu
Crypto total market capCrypto Total Market Cap Excluded BTC
The RSI resistance on weekly is right behind the corner. Like we can see from the picture this is the fourth time this RSI line gets hit ( RED circles ).
GREEN circle shows where the suppressing downtrend line got broken. (Trend turned to Bull)
BLUE arrows shows that these upward legs are identical size. Which would mean a pullback.
I believe we might get a small and fast retrace from here before we take up higher.
After the line breaks and price stays higher I believe we are going to 250 billion marketcap.
Remember that "more times a support or resistance gets hit the weaker it gets".
What I have seen, the fifth time usually does it ;)
For long term I am bullish.
Also the fear and creed index has been on creed / extreme creed for 2 weeks. (not the first time thou)
alternative.me
This is not a financial advice!
If you do trade use stop loss and small enough positions!
1st mistake beginner traders do is taking too big risk.
-Jebu
Crypto total market,analys for short term (1-2 weeks) Hi Guys
This time I'll show my tight field of view of whole cryptocurrency market. Last several days we move in upper channel pattern - which is a strenght signal that we are in up trend from march. If the prediction is correct, and we are forming rising wedge pattern, in short term - ill stay and wait for next move. RSI is oversould,but still pointing down. If we have engulfing bearish candle or othersign which is close below wedge (a few 4h candle - supported by volume, or 1D), this will be massive bearish sign. Leaning on Fibo retracment it could get easly to 433.B crypto total market which is 5% of funds. This is good time to check bitcoin domination - if it is stable, thoooose altcoins will bleed. Fear & Greed index for today: 86 points. Next week should show the further direction.
Cheers!
CRYPTO TOTAL MARKET - ABC Correction of EWTCrypto is making the Elliott wave pattern, but ABC correction is remaining. We can assume the A point around 378.60B , and B point near 426 , and the C point will be around 320 . After that, there is a high possibility of reversal. The third wave includes a diagonal triangle.