ExpectationsIt's important to have some expectations. Not much has changed since I last posted, at least not in terms of going risk-on. If anything the fundamentals are even more bearish, technicals are reflective of that, and thirdly mechanicals such as derivatives are not looking hot.
In order to even consider anything risk-on, the price action will have to severely disobey the bearish structure marked in the chart. There's a lot of margin calls going on right now behind the scenes, among other things, and I don't see these being priced in at this moment. The BOE says it will stop its corporate bond buying program on Friday and the market is going to reveal if that's true or not. I think there will be more "rescue" buying after the next projected leg down, and not a moment before.
To void this idea, I would need to see BTC break hard above 20k and take out 24k, DXY break bearish for several months, and bonds rally and not just keep lingering down. With the Nasdaq setting new lows it's hard for me to envision any sincere buying while big players are capitulating. Liquidiations are ongoing and I do not believe this is any sort of long-term bottom, although possibly a bottom for some sort of insane short midterm elections rally, which technically speaking could happy, but the chance of that is becoming less and less, UNLESS a crash were to happen first. One more reason to anticipate lower prices. All of this manufactured monetary expansion has baked failure into the heart of the system, specifically at the corporate and central bank levels, and it needs to fail in a speculator way before risk-taking is profitable again. And by speculator I meant something like the Euro collapsing and GBP failing much further, something along those lines, and not just some modest price corrections.
In order to come up with the 80 weeks or 230 weeks moving averages used in the chart, I simply looked at where support was established and then violated (red circles), with further downward price action. The latest action (2) has all the ingredients, it's just missing the further price action. This makes me think that downward prices have a higher probability.
Good luck and don't forget to hedge your bets!
Total
TOTAL - Crypto Markets in TROUBLE 📈Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Here's a quick 4min outlook at on the crypto markets as a whole, by using the total cryptocurrency market cap (currently sitting at $899M). Only a year ago, TOTAL was doing an astonishing 3T Market Cap. But as it goes with crypto, - 60% is no big surprise. By taking a look at the chart and using the Wykoff Method of chart analysis, we can see that the market still needs to bottom. This is supported by a technical analysis of the Volume, which is declining across the market. From a fundamental analysis, it is no surprise that liquidity is leaving crypto as we see some currencies like the Dollar and the DXY hitting fresh highs.
Even though the "worst" of the bearish market is still ahead, remember that this makes for a GREAT time to re-accumulate and stack up on all of your favorite altcoins! In hindsight, profits are actually made during bearish cycles.
Interested in a Short Setup for BNBUSDT ? Check out this idea 👀:
Feeling bullish instead? This is for you 🤑 :
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USDT Dominance 10.02.2022Dominance Tether is stuck between two levels of 7.2%-7.8% and has hit several times from the upper level and several times from the lower level. If it hits any level this time, the probability of breaking that level is very high.
let's see what happen on Monday.
This Analysis will be updated!!
#TOTAL MARKET CAP 2DAY ANALYSIS BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
TOTAL MARKET CAP ANALYSIS UPDATE:-
The total market cap is forming a double bottom pattern. Stochastic is giving a buying signal. RSI printing bullish divergence.
The long descending trendline and MA 21 are acting as resistance. Bulls need a successful breakout to confirm bullish momentum in the market.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Total Double BottomThe total market cap has double bottomed on the daily reflecting a possible change in long term trend. Currently the index is within a falling wedge and will probably breakout upward.
The RSI paints heavy bullish divergence and is uptrending.
Upward break of falling wedge will raise the market cap to 1.05 trillion.
Arrows indicate possible target if bull trend is maintained.
A real double bottom will bring the index to 2 trillion, the same level as the start of April. The price of BTC at the start of April was 48.5k.
TOTALCRYPTOCAPbullish chuvashov fork started amongst longterm linear uptrend (logscale) breakdown
i think minimum we retest 1.2trillion before more potential downside come january
on balance volume is already breaking out and price hasnt seen any real move yet
going to check open interest and shorts/longs but everything still points to a semi bullish (comparatively for 2022) october/november patch
Total Crypto Market Cap Monthly chart looks to have hit bottom. Total Crypto Market Cap Monthly chart
can you see how this is super bullish? Look
at the Ascending Bullish Trendline holding
support perfectly. The DeMark9 Indicator
is showing that there is a super high probability
that the enitre Total Crypto MarketCap is at the bottom.
The 100 Day and the Bull Market Support Band
is at the exact same place on the chart. The
monthly candle only needs to get above and close
above the green line and Bull Market is back in action.
Im looking for us to get there in the coming 30-90 days.
Total Energies trading close to psychological level.Total Energies - 30D expiry - We look to Sell at 49.98 (stop at 51.21)
Weekly pivot is at 50.34.
Trading close to the psychological 50.00 level.
Daily pivot is at 50.33.
Resistance could prove difficult to breakdown.
We look for a temporary move higher.
Bespoke resistance is located at 50.00.
Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 47.41 and 46.41
Resistance: 47.00 / 49.00 / 50.00
Support: 46.00 / 45.00 / 44.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
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TOTAL Up Channel Idea and Future Price ActionThe areas in green boxes are very similar
Acting as bottom points for price and the end of the bear market
Price then following this progresses to climb over dotted diagonal line and retrace briefly back above the dotted diagonal (red horizontal)
From there the rest of the bull run comes
Bars pattern placed shows what I think price action will do
#TOTAL MARKET CAP LOOK BULLISH!!Hi 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 to this chart, Do not consider financial advice.
TOTAL MARKET CAP UPDATE
As you can see in the chart or absorb in the chart here TOTAK MARKET CAP is making these two patterns.
first symmetrical triangle pattern which is a semi-bullish pattern, here we need a breakout or breakdown to confirm this pattern.
The inverse head and shoulder pattern is a bullish pattern but here we need to break out the nice line of this pattern to conformation this pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
short trem#Analysis of TOTAL time 4H The price has started from the 900B range with high momentum, which has grown to the 1T supply range. In this move, it has broken an important structure in the 970B range with strength, which we expect to be around 950B, the range in front of the price, if this range is not supported, the stronger 870B range is a stronger support range in the direction of price growth. It should be noted that the price range of 1T cannot have selling pressure to correct the price up to the specified support range, the range of 1.06T and 1.1T is the price range for the price.
TOTAL3 looks prepped for a launch anytime?TOTAL 3 weekly chart:
The Long yellow rectangle support box may
be the most important support in the entire
Market as a whole. When there is around 19,000
Alt-coin projects relying on BTC holding and this
huge monster support box holding, this is Do or
Die...Im confident in the coming 300 days,
we will see all time highs in the TOTAL 3 market.
The Green $2.674 Trillion is my Super bullish
prediction coming from measurements. and the
smaller yellow rectangles are the falling bearish
support boxes....lets hope we dont see the candles
fall lower. The RSI has never been this OVERSOLD, we honestly should be moving up
bc we are in uncharted territories and sentiment should change.
Crypto Total Market Cap 1WCRYPTOCAP:TOTAL
The green support kept the market cap in the same range and sent it up. If the red resistance is broken, we should see a significant increase in the market cap. But we have more confirmations to drop. We have a triangle pattern and if it is successful, we will see the price drop.
Possible targets if the red rectangle is broken: marked with a purple horizon lines
Possible target if the green rectangle is broken and the triangle pattern is successful: Around 600B
(THIS IS JUST MY PERSONAL IDEA)
Combined Macro Charts For You!I'm a big fan of exotic charts. It is often tough to gauge the current markets by looking at individual charts so sometimes I like to combine them together. Here is a rough rationale of this chart:
TOTAL
Crypto Total seems to have a good representation small cap behavior and is often a leading indicator of the broader risk-on market.
S&P
Large caps, historically it's a trailing indicator, but doesn't have such a long tail as Treasury Yields.
1/DXY
Relatively good indicator of impedance changes. If I'm going to convert my dollars to something else, and then back again, it represents relatively how efficient the economic circuit is. More volatility = conflicting expectations by the market. It is sometimes inversely correlated with risk assets but not always.
US02Y/US10Y
Inverted 10Y/02Y. How are investors feeling about the short-term economy vs long-term? When this symbol experiences large downward volatility, the relative health of debt in the economy is unveiled and investors flee risk-on assets.
I weighted each of these symbols 25% by using the 3 Year MA:
...........................3Y.MA......................factor
TOTAL................1049933961759.....1
ES1!..................3723.74..................281956839
1/DXY...............0.010448................100491382251052
US02Y/US10Y..0.4784....................2194678013710
(sorry about all the dots, I had to use it to make it line up)
Here is the resulting symbol:
CRYPTOCAP:TOTAL+1/TVC:DXY*100491382251052+CME_MINI:ES1!*281956839+US02Y/US10Y*2194678013710
Normalized to 100:
(CRYPTOCAP:TOTAL+1/TVC:DXY*100491382251052+CME_MINI:ES1!*281956839+US02Y/US10Y*2194678013710)/67060000000
Here is the index without Treasury Yields, so each remaining symbol is now 33% of the chart:
CRYPTOCAP:TOTAL+1/TVC:DXY*100491382251052+CME_MINI:ES1!*281956839
Normalized to 100:
(CRYPTOCAP:TOTAL+1/TVC:DXY*100491382251052+CME_MINI:ES1!*281956839)/53870000000
Here is the chart, normalized to 100 along with some rough expectations:
I hope that this is somehow useful. The overall conclusion here seems to indicate the macro environment is currently not friendly at all.
Thanks for taking a look and I hope you enjoyed this idea. Hopefully it makes sense and I don't believe there are any major mistakes. If you spot a mistake, or have an exotic chart of your own you would like to share, please let me know!
Good luck and don't forget to hedge your bets. Take care and be safe.
- your fringe chartist
BTC - long termHere we have the only 2 curvy supports that I take into account - We are now sitting on one of them which suggest we could bounce just to show some resistance - therefore it is wise to DCA here for at least a small bounce. The other support is my all-time curvy support - Respected by the 2012 and 2015 bear market and also by the Covid Crash - going lower will change history as we know it - and potentially the future of Crypto as we know it.
Therefore my plan now is to DCA where we are, next crutial level sits at $13k-$14k.
Sadly I have my expectations of hitting it lower, but I must see the fundamentals leading the price that low to be able to judge them - for now we only focus on those 2 areas.
Cheers!
#TOTAL MARKET CAP 6Hr ANALYSIS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
TOTAL MARKET CAP ANALYSIS:- Broke out falling wedge, retesting above it and consolidating in a symmetrical triangle. RSI is in the oversold region, printing bullish divergence. It is also on the verge of symmetrical triangle breakout which will most probably target the first trouble area around $1.028T after a successful breakout.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
TOTAL Crypto - Key support defended! Above 200MA + 0.382 FIB
The charts never lie and, as you can see, the bulls successfully defended the 200 weekly moving average and previous swing high from 2018. We didn't even close a candle below the 200MA!
We need to keep in mind that the 200 weekly MA is the strongest MA of all of them, and this zone is considered a strong support by huge institutions and hedge funds.
If we drop below the 200MA for the first time, then you can bet on a 10-year bear market and sideways boring price action. You don't want this to happen, even if you are a bear. Yes, you want to buy cheap bitcoin at 13 000 - 6 000, sounds good, but you will wait 10 years for another bull market cycle.
But for now, everything is perfect and we also hit the 0.382 FIB retracement from the previous impulse wave on the LOG scale. 0.382 is the second most important FIB level after 0.618. If you calculate it: 382+618 = 1.
If we take a look at the MACD indicator, we can spot a bullish divergence on the histogram and also a bullish tick. So this tells us the bears are running out of steam and the bulls are gaining strength again.
A lot of traders are very bearish. Altcoins like ADA, LINK, SOLANA, XRP, etc. will perform poorly in the next bull market in my opinion. These altcoins are great, but they need more time.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more analysis, please hit "Like" and "Follow"!
Cryptocurrency market cap 2-daily EMA20 ❌ EMA200 crossCryptocurrency market cap 2-daily EMA20 ❌ EMA200 cross
Bad times to buy cryptocurrencies ❓
Act as experienced investors do... dear #Bitcoin & Crypto Nation ⁉️😎
And think long-term 🗓️
Comment and Follow appreciated 🤗
*not financial advice
do your own research before investing