TOTAL2: ALTS RELIEF BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update. As 2022 is ending and this year might be not good for us but hope 2023 will be the best year for everyone and you guys make a lot of money this year.
According to the chart, Total2 is an important support level and currently holds this support very well. We can expect a bounce from here. It means we see some relief rally in Alts in the first two weeks of 2023. Rsis also shows bullish divergence.
Invalidation level:- Daily close below $430B
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TOTAL2
Total 3 - I think Altcoins havae bottomed!!!Giant wedge from the top, we just hit the bottom of it, I think altcoins are about to rip faces along with the rest of the markets. Hard to believe now in the depths of the bear market but the best thing to do is to just play the charts. Still need confirmation but I'm getting excited.
new analysisIt's really hard to explain this
but we have a slight downpour, and then about 1 month to 45 days the market is bullish , and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%,
and then we have a terrible fall that many currencies will be destroyed
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I put 7 new analyzes I will let you see all the analysis to pay attention to the analysis dates and do not harm
TOTAL2 : Will the $420 billion support be maintained?USDT.D index and TOTAL index were checked simultaneously.
Short-term support is at $420 billion and short-term resistance is at $500 billion.
You have to be very cautious, because in case of losing the support of 420 billion dollars, the market can fall to the range of 260 billion dollars from the technical point of view as well as supply and demand.
TOTAL3: STILL ABOVE THE SUPPORTING TRENDLINE.Hello traders, here is a quick update on the Total Market Capital (Excluding BTC).
Timeframe: Weekly.
The Totoal2 has been under a downward trend for quite a long time. A trillion-dollar market has now come down to 446.8 billion dollars within a year. Still, after a drastic change in the price action, Total2 has managed to stay above the support line. This can turn out to be a positive thing for the altcoin market. If the T2 sustains this support level then we can expect a bounce back toward the 700 billion dollars resistance trendline. This means, a good green rally for the altcoins.
If T2 breaks down below the trendline line then things may get worse for the altcoin market. As of now, things look under control and I am hoping that the T2 will make a positive move soon.
That's it from my end, I will see you in my next update.
Enjoy your Christmas, guys.
📈 TOTAL2 iH&S | Altcoins To Recovery SoonWe have an inverse Heads & Shoulder pattern on the TOTAL2 chart.
The Altcoins are about to recover.
This is a bullish pattern and shows up at the bottom of a trend/near support.
So far we also have a higher low in December compared to November.
One final signal favoring the bulls is a bullish divergence with the RSI.
These are early signals but good nonetheless.
Stay strong, stay good, be good, stay safe.
Trade safely and plan ahead of jumping into any trades.
Thank you for reading.
Namaste.
💥$TOTAL2 - STRUGGLE CONTINUES✊🏽We all anticipate for the bear to end but charts are proving otherwise. The crypto Total Market Cap Exclude BTC chart shown here indicate that we have liquidity sitting at $208B.
A breakout below the triangle will quicken this bias.
What do you think?
Not a financial advice 🙅🏼♂️
Share your opinion in the comment section✍️
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💥Weekly Timeframe Analysis for $TOTAL#TOTAL (UPDATE)
Here is what to expect on crypto total market cap for the next few months. $TOTAL is clearly bearish. But we may see a small pump towards $850B - $900B for market to seek liquidity before the drop. If price should drop from $900B market cap to $640B then $558B, imagine the outcome on Bitcoin.
Also, if the crypto total market cap should drop from its CMP @ $804B market cap to $400B which is -2x, what price do you think Bitcoin price will fall to??
$8,500; $9,500; $10,500, $11,500?
What’s your perspective?
Not a financial advice 🙅🏼♂️
Share your opinion in the comment section✍️
Please support this idea with a 👍 if you find it useful😋
Happy Trading💰💵💸
#TOTAL MARKET CAP 1DAY ANALYSIS BY CRYPTO SANDERSHello 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 all, thank you, guys.
TOTAL MARKET CAP ANALYSIS UPDATE:-The Total market cap bounced with a decent volume after hunting stops below the marked previous low.
Currently, it is showing momentum, and a solid breakout above the horizontal resistance will confirm a bullish rally in it.
If it rejects from here, then further accumulation between the marked horizontal support and resistance is expected.
Sorry for my English it is not my native language.
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Altcoins channel cross⭐️occurred as predicted in November🚨🚨🚨Altcoins channel cross⭐️occurred as predicted in November🚨🚨🚨
A channel cross can signal the "bottom is in" since we saw lowest low in the red main bear run
We are now in the gray accumulation phase
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Daily Bitcoin Update - SPX & ES1 are running out of roomMorning all,
Not a great deal has happened since yesterday. We are still waiting to see if this Inverse Head and Shoulders play out which would see the Bitcoin price move to around $18000. I am not totally convinced that we will see a break higher at this stage.
SPX and ES1 are both trading under heavy resistance being at the top of the patterns. Tick tock for those to see if they can break higher. If they do we might well see a move higher from Bitcoin.
Short positions are still being stacked which goes against the current trading pattern which is looking bullish.
USDT dominance also moves higher suggesting that traders are moving back into the tether safehaven.
At the moment there is no clear direction so we have to wait for Bitcoin to signal its intentions.
If you have any questions let me know.
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Simon BPOI
#TOTAL MARKET CAP IMPORTANT UPDATE MUST READ!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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 this falling wedge pattern as same it marked in 2018 and dropped 43% and invalided this pattern that was the last drop of the bull market.
Technically as we all know that this is a bullish pattern if this pattern breaks up out and test successfully then we can accept a bounce technically but if it Breaks down 700 billion support then it may drop almost 40%. Yes same as it was done in 2018.
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