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Cryptototalmarketcap

When in doubts - Zoom out Hello everyone. If you´re lost in mid/long term cycle/ right market side I would recommend just to ZOOM OUT ** Last time I´ve called local bottom it was at 3K range and it was based on Volume ** but supported by RSI indicator bull divergence as well Now if you check out the Crypto Total Market Cap volume, RSI, MA´s, as well as supports/resisstances You must realize how big is the amount of huge buy volume compared to the previous price action Further confirmation by patterns: + Closer view on Bull Divergence on Daily chart + Basic W1-5 Eliott Waves **Latest High (13K USD/ 400b tmc ) Called based on bearish divergence here:** Longer term tracking on Weekly chart: If you appriciate my work efforts I would appriciate like for this TA & If youre in doubts or have any questions then feel free to ask in comments below the chart. Wish you all nice Weekend Cheers ------------------ Risk Disclosure DISCLAIMER: This is not a financial advice ! Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. The valuation of asset may fluctuate, and, as a result, clients may lose more than their original investment. Investing will have impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains. As an investor, it's crucial to know how much of your money you could lose and what circumstances could cause this to occur. Always do your own research and think twice before you invest.
CRYPTOCAP:TOTALLong
by Anoinvest
13
Alts Against Bitcoin : Where Are We Heading?#Alt_Update #ALTs / #BTC The main reason we have not been posting ideas was the Alt market scenario. It was in a downward move since May 30 which was more of a correctional retrace move instead of a major downward trend. We are now at a major point were we can decide that Alts will continue and enter a major downward channel or not. The main price level area is at around 945B which is depicted by the blue circle on the chart. If Alts market is going to break the support of this level at the closing of the current chart we might go further downward and will be in a bearish overall market trend for some days by the following week. In the other scenario which can happen we might see a good bullish reversal move and will test the area at around 1.16Tr level. Further if it can break the resistance at that area we will be on the start of a bullish season for Alts. -MACD and RSI are still in bearish mode amd EMA still in bear mode too. By this we conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies.
CRYPTOCAP:TOTAL2
by cryptotalk_et
1