Provides analysis of cryptocurrency market cap (CRYPTOCAP)The red line shows the 50-week moving average, which appears to be a crucial support level for the overall trend. Historically, the market cap has respected this moving average, with upward momentum when trading above it.
This area acts as a strong support level, as it has historically provided a solid foundation for price recovery. The total market cap has rebounded from this level several times, indicating buyer interest.
This is a crucial resistance level, as the market has reversed from this area before. If the total market cap approaches this area, selling pressure may occur.
The white diagonal line shows a long-term ascending trendline, suggesting a steady upward trend since 2018. This line further strengthens the overall bullish trend, as long as the total market cap stays above it.
Currently, the total market capitalization is testing the 2.728T level, which is close to recent highs, with a possible bounce if it breaks above the red resistance zone.
The overall outlook appears to be bullish, but it is essential to keep an eye on any significant moves around the resistance zone and the 50MA, as these will influence the long-term trend.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
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Total
TOTAL cryptocap chart about to complete the handle on its c&h We can see price action is breaking up fro a bullflag that has a target of 3.33 trillion. In doing so we should also validate the breakout of the cup and handle pattern which will give ita breakout target around 4.6 trillion or so. Price action is currently very close to retesting the green rimline of the cup and handle pattern and completing the handle. If we were to look at the daily, this pupcoincided precisely with the daily chart’s recent golden cross(not shown here) *not financial advice*
$TOTAL Market Cap 259 Day BREAKOUT!At last, the Crypto CRYPTOCAP:TOTAL Market Cap has a BREAKOUT from the 259 Day trend!
This was the lagging chart I was watching to confirm the next leg up in the bull market.
The 20DMA has also crossed the 200DMA for the first time in 12 months. This is a SUPER bullish signal, as you can see what occurred last time in October 2023.
With less than 1 week away until Donald Trump is declared President of the United States, and the FOMC announcing another round of rate cuts the following day, we can expect a lot of volatility in the market.
The 20DMA should act as a good support on the way up.
The final signal will be when the Fed announces they will stop selling securities from their balance sheet. This will signal a new round of quantitative easing, and complete risk-on.
Tick-tock MFers. Position accordingly!
$TOTAL Crypto Market Cap Trying to Breakout - Retail IS ComingOnly thing we’re waiting for is the Crypto Total Market Cap to breakout.
Golden Cross on the horizon.
That’s why we’ve seen lack of volume in breakouts for CRYPTOCAP:BTC and Alts.
Means money is just switching from coin to coin, primarily from Tether in circulation, hence why CRYPTOCAP:USDT.D is going down.
CRYPTOCAP:TOTAL breakout will be fueled by retail, which should slowly come in the next couple weeks leading into another round of rate cuts on the 14th, followed by Donald J. Trump being declared the President of the United States the very next day 🇺🇸❤️
YOU'RE NOT BULLISH ENOUGH 🎯
Crypto Market will fly!I did a lot of research an analysis, but everything is pointing out to the upcoming rally across the crypto market. When looking at Total Market Cap, it is quite obvious that there is a huge bull flat. If I to trade TOTAL, this would be my setup, but this could only be the very beginning of a huge rally.
TOTAL Market Struggles at $2.13T Resistance: Key Levels to WatchMarket Update:
Over the past week, the TOTAL market capitalization has attempted to break through a tough resistance level at $2.13 trillion.
A rejection at this level may lead to a pullback, testing the next support level around $2 trillion.
Potential Scenarios:
Should the TOTAL market successfully break above $2.13 trillion, it could rise to challenge the descending resistance line formed since June, as well as the top of the range resistance at approximately $2.3 trillion.
Given that the TOTAL market is currently at resistance, it is essential to manage risk carefully, as a rejection at this level could result in further downside for many altcoins.
#CryptoMarket #TOTALMarket #ResistanceLevels #Altcoins #MarketAnalysis
TOTAL - Wyckoff Accumulation 2 Setting up!Price come into the monthly demand at the $1.8 trillion level and we have since formed range conditions after a selling climax event with a massive volume rejection on the weekly and daily wicks into the monthly demand range as shown on the chart. This was also discussed and noted on 05/08 at the height of the crash where i noted the presence of high volume being a positive thing in stopping the proceeding bearish trend alongside the fear and greed index reading 26 in fear as we come into key levels after the capitulation showing us great signs.
TOTAL Volume Analysis from 05/08:
Since then we have formed a local range after the high volume capitulation low got put in and many question whats next in this range?
For me, im seeing this as an accumulation range after the SC event just like ive detailed on BTC.
I think we have bottomed in the market, i think we are accumulating here in this local range and we are likely to form a last point of support (LPS) and HL in the range before a breakout of the highs into new highs over Q4.
Its setting up great here and im confident we dont put in new lows from here. Im expecting a little more correction in the range as shown into the LPS but overall im focused on the upside from here in line with the HTF!
TOTAL - Wyckoff Accumulation Range in Progress!Price come into the monthly demand at the $1.8 trillion level and we have since formed range conditions after a selling climax event with a massive volume rejection on the weekly and daily wicks into the monthly demand range as shown on the chart. This was also discussed and noted on 05/08 at the height of the crash where i noted the presence of high volume being a positive thing in stopping the proceeding bearish trend alongside the fear and greed index reading 26 in fear as we come into key levels after the capitulation showing us great signs.
TOTAL Volume Analysis from 05/08:
Since then we have formed a local range after the high volume capitulation low got put in and many question whats next in this range?
For me, im seeing this as an accumulation range after the SC event just like ive detailed on BTC.
I think we have bottomed in the market, i think we are accumulating here in this local range and we are likely to form a last point of support (LPS) and HL in the range before a breakout of the highs into new highs over Q4.
Its setting up great here and im confident we dont put in new lows from here. Im expecting a little more correction in the range as shown into the LPS but overall im focused on the upside from here in line with the HTF!
Altcoin Market Breaking Out: Bull-Flag!Altcoins have been steadily losing value against BTC ever since the March top. However, TOTAL3 (total marketcap minus BTC+ETH marketcap) has finally broken out of a 6-month bearish channel pattern, making it a successful bull-flag break out.
It's too early to call for a definitive continuation of the trend, but at least a major long-term pattern has changed as of this week.
For now, I'm hoping for a move towards the yellow line, being the 2024 top. With a BTC Dominance at 57.5%, it would most likely lead to a new BTC all-time high if the altcoin market reaches the 2024 top.
Potentially exciting times ahead!
CRYPTO MARKET CAP NEARS 200W MA! PRE-CRASH VIBES?Hello, fellow traders! Today, I'd like to share an intriguing analysis of the Crypto Total Market Cap chart, highlighting potential areas of reversal and target zones that could shape the market's direction in the coming months.
By examining different timeframes, I've discovered an interesting scenario unfolding on the weekly chart. The price action in 2024 appears to be forming a downward channel , reminiscent of a pattern we saw back in 2019 . This analysis could provide valuable insights for anticipating future market movements and identifying trading opportunities.
In 2019 , the crypto market experienced a significant advance in Q1 and Q2 before entering a declining channel. Many of us remember what happened next: Bitcoin started moving upwards, pulling the total market cap out of the channel. This movement coincided with the onset of the COVID-19 outbreak in China, leading to a failed rally . It wasn't until February 2020 that we witnessed signs of a market turning point, followed by a substantial crash during the global lockdown.
Fast forward to today, we're noticing similar patterns:
$2.5 Trillion Level: This level mirrors the failed rally point of 2020 and serves as a critical resistance area. A break above could signal bullish momentum.
$1.0 Trillion Level: This zone might act as a potential "surprise" support level in the event of unexpected market downturns.
Additionally, the 200-week moving average is acting as a significant support line. We might see the price spike below this average briefly during high volatility but expect it to recover above shortly after.
What are your thoughts on this setup? Do you think we're heading towards a failed rally similar to 2019, or are we on the brink of setting new all-time highs? Could external factors influence the market as they did back then? Share your insights and let's discuss!
Remember, the crypto market is highly unpredictable. Protecting your capital through proper risk management is crucial. A fundamental strategy is to risk no more than 1% of your capital per trade.
If you found this analysis helpful, please like and follow for more in-depth market insights. Stay tuned for future posts where we'll explore emerging trends and potential trading strategies. Happy trading!
Crypto $TOTAL Market Cap Sell The News Event IncomingSOUR GRAPES
Markets barely budge after the Fed cuts a massive 50 bps.
This is due to uncertainty with participants feeling there is something “broken” in the system.
However, long-term this is BULLISH.
The Crypto CRYPTOCAP:TOTAL Market Cap could see another small pump leading into the weekend to test its downtrend line, but I expect next week for the markets to “sell the news” pretty hard.
Should retest the lower order block ~$1.77T next.
TOTAL (crypto market cap) is low key doing some sneaky moves...TOTAL (crypto market cap) is low key crawling up -- and barely no one will notice this.
It has finally poke the downtrend line after 5 days of heavy correction. It's still a small increase about ($100M added to TOTAL) but enough to take a closer look.
It may give us a hint on what's coming for next week -- and for the whole month of May.
Spotted at 1.084T
Things will be interesting again, if you know what I mean. :)
TAYOR.
Safeguard capital, always.
BTCUSD | ViolationClassic price-based ribbons are commonly used.
Their inversion signifies a bear market, while their normalization a bull one.
They are unfortunately very laggy.
In markets, it is trends that change first and then prices.
Therefore, a trend-based ribbon can prove a highly responsive and clear way to visualize market cycles. This trend-based ribbon can be used as a price centerline and as an indicator of market trends.
With this trend-based ribbon, the famous 1970s stagflation and the 2000s stagnation is clearly discernible.
Applying this indicator to Bitcoin, we realize the following.
We are entering a period o stagnation for Bitcoin. Its trend-ribbon has began inverting.
This has happened in 2015 and 2022.
Also notice the broader Crypto problems.
P.S. PineCoders have banned dozens of my indicators for violating "House Rules" I don't know which rule in specific, because many of them were open-source. Some of you may have briefly seen some of them before their demise.
The protagonist indicator of this idea, called Trend-Based Ribbon, got banned yesterday.
This idea is posted after following some useful guidance from PineCoders. In this fashion, I can analyze a chart and talk about it with you, while at the same time showing you the reaction of my indicators. I thank them for the workaround.
Feel free to ask for a private copy by commenting below. I will get to you ASAP.
Individual, you are convicted of multi-anti-civil violations . Implicit citizenship revoked, status: malignant
P.S. Again...
I got sick of having all of my work banned. I have been developing these indicators for hundreds of hours, only to see them locked for no explanation.
(They can't ban an idea now, can they?)
TOTAL Market Cap Faces Rejection at $2TCurrent Market Activity: This morning, the TOTAL market cap was rejected at the $2T level, the top of the range, and has begun retracing, potentially testing the bottom of the range at $1.85T once again.
Key Levels:
Top of Range: $2T (Rejected)
Bottom of Range: $1.85T (Potential test)
Previous High: $2.25T (Late August)
Bearish Signals: TOTAL has not created a higher high since reaching $2.25T, suggesting that the higher timeframe trend remains to the downside. A break below $1.85T could lead to a retest of the $1.7T level, which was last tested in early August.
Market Outlook: Watch for a decisive move at $1.85T for clues on the next direction.
#CryptoMarketCap #TOTAL #MarketAnalysis #SupportAndResistance #Downtrend #Bearish #Crypto #PriceAction #TechnicalAnalysis
TOTAL3Analysis for TOTAL3/USDT: Weekly Timeframe 📊
The chart displays the Crypto Total Market Cap excluding Bitcoin and Ethereum (TOTAL3) on a weekly timeframe. Below is the analysis based on the forecast lines and significant dates:
🟢 September 21, 2026 - Buy Date (Green Line):
This marks a local bottom, indicating a potential opportunity to start accumulating positions in TOTAL3. The market is expected to experience a downward trend leading up to this date, presenting favorable conditions for long entries.
🟥 March 10, 2025 - Sell Date (Red Line):
The forecast suggests a local peak on this date, signaling an optimal moment to take profits or tighten stop-losses, as a price correction may follow shortly after.
🟥 February 28, 2028 - Sell Date (Red Line):
This date represents another peak, offering an excellent time to close positions and avoid potential price downturns. The market is expected to rise up until this point before a correction begins.
Note:
All times are based on Los Angeles time (UTC -7). There may be a margin of error of 1-2 candles depending on the timeframe.
TOTAL2Analysis for TOTAL2/USDT: Weekly Timeframe 📊
The chart shows the Crypto Total Market Cap excluding Bitcoin (TOTAL2) on a weekly timeframe. The key focus here is identifying significant Buy and Sell dates, which can help traders align their positions with potential market tops and bottoms. Below is the analysis based on the forecast lines:
🟢 September 28, 2026 - Buy Date (Green Line):
This indicates a potential local bottom for the market, suggesting that accumulating positions during this time would be beneficial. The market is expected to decline until this date, offering a better opportunity for long entries.
🟥 March 10, 2025 - Sell Date (Red Line):
The forecast shows that around this date, the market could reach a local peak. Traders should consider securing profits or tightening stop-losses, as a correction could follow after this date.
🟥 February 28, 2028 - Sell Date (Red Line):
Another critical date where the market could potentially reach a peak, signaling a good time to reduce exposure or sell off positions. The market is expected to rise leading up to this point before encountering a correction.
It is essential to verify these forecasts by looking at higher to lower timeframes and aligning these predictions with trend indicators and support/resistance levels.
Additional Notes:
1. Thicker lines and labels like “1h/4h/1d” provide clarity on the timeframe of each prediction.
2. Green Line indicates that prices are expected to decrease, making it a Buy Date where long positions can be considered.
3. Red Line marks a peak, making it a Sell Date where profits can be taken or short positions can be considered.
4. Slight time deviations (1-2 candles) might occur, so the exact time is not absolute, but the day of action is critical.
5. Forecasts work best in combination with a trend filter and position open/close indicators for a more complete analysis.
Remember to always check the forecast closer to the date indicated on the chart and adjust positions accordingly.
TOTAL1 🔍 TOTAL Market Cap (Crypto) Analysis: Weekly Timeframe 📉
The TOTAL Crypto Market Cap chart on a weekly timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view.
• BUY DATE - September 30, 2024 - Green Line: This time indicates a potential local low, offering favorable conditions for accumulating crypto assets or entering long positions.
• SELL DATE - October 25, 2024 - Red Line: This time marks a potential local peak, signaling a possible moment to reduce exposure or take profits.
• BUY DATE - December 7, 2026 - Green Line: Another potential local low, suggesting a favorable time to enter long positions.
When working with this weekly timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective.
Note: The exact timing of these phases can vary by +/- a few days. All times are based on UTC-7 (Los Angeles).
Crypto TOTAL Market cap on the verge of a correctionThe crypto market just had a decent recovery from its latest crash on Black Monday. Now, it seems we can expect another low based on the market structure and technical analysis.
Historically, September has often been a red month for markets. What I expect is a quick flash in the market before it goes up to make new highs, starting the main bull market we've all been waiting for.
This correction to $1.5T will provide the liquidity and fuel for strong bullish momentum toward the main target of $6-7T in the TOTAL Crypto Market Cap IMO. DYOR
$TOTAL Trump Pump Gets Wiped Out By New Indictment The Trump Pump gets wiped out by the Democrats' relentless legal pursuit to take him out of the race with today's new indictment against him.
If Crypto CRYPTOCAP:TOTAL Market Cap does not hold the .236 fib, we will revisit the 1.8T range. That would be another 10% down from here.
Next critical support would be 1.479T, which would be a 20% sell-off.
I very well see this being a possibility to have one last real shake-out before rate cuts September 18th.