Total MarketCap BTC ETHtotal marketcap breaks the long term bullish trend . be careful with your money
it means cryptos are exchanging to usd and other currencies. so we will see Red Markets again
TOTAL2
TOTAL2 - Developing the Bottom Structure Plotting a bottom along the 4.618 of a strong downtrend Fib Circle
As you can see the price is moving along this thicker green line
I expect the second bottom to occur and consequently a double bottom occurring
Following this double bottom a rise is in order
This is a complementary post to the one below
Total2 ABC Pattern Goes On!As shown on the chart, The Total 2 Chart (Alt-Coins) has a Clean Break-out from 0-B Downward Trendline and after that Breaks the Local High and confirm it with a Clean Pull-Back!
Now The ABC Scenario is the most Likely Scenario to Play Out. at This Moment there is not a great chance for long positions but you can wait for a correction as Leg-B on shown Fibonacci Levels and Fill Your Bags with Crypto to Roll the C - Leg upward movement which will be massive and great Play.
Don't Get into FOMO in these days because it will cause you a loss in your budget but stay in touch and watch the trend for a great buy chance in near futures.
USDTNGN - To drop to 630/$ then rise to 800, 900 & 950/$#Nigerian Naira Rate (Update)
Day after day, the Nigerian currency is losing it’s value. Here is a weekly timeframe analysis. Based on technical analysis, Naira broke it’s major resistance at 630/$ to $710 and pullback is needed to gain momentum for the next run up.
Therefore I expect a fall to 630/dollar before a rise to new price target at 800, 850, 900, 950 per dollar.
Not a financial advice🙅🏼♂️
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
[UPDATE TOTAL2] 3 scenarios: A? B? C? It depends on CPI!I'm comfortable with all the 3 scenarios:)
A) Super rally, lower inflation, and then a new inflationary bear cycle
B) Rally, stage 3 and stage 4 of a bear market. New all-time highs in 2026 and 2027.
C) Rally, we go down less than the previous bear markets. More consolidation.
Total 2 be careful with the volatility that could come This zone is specially delicated for how long was the time that the price was lateralizing there , and many indicators are showing bearish divergence so at the end is obviously a strong movement would come in the next days but today and tomorrow the price has higher probabilities to be between the 590/560B .
Total market cap is in the triangle. Let's see if the total market cap can manage to break out of the triangle. In that case we can expect a relief rally.
Total 2 the Crypto Market is doing very bad The Total 2 is in a resistance and we can notice the price doesn't have the enof volume and interest for continue going up
Total Crypto Market Cap Monthly chart looks Amazing!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.
Ascending wedge: The big Altcoin flush out is coming in 2024This feels very plausible, if this happens it's probably the entire space getting regulated similar to what happened to the internet after the dotcom bubble finally reached a melt up point. Prepare for the madness. If this happens bitcoin will not become the new gold standard but instead CBDCs will enslave the world. SDR took over back on August 15, 1971, when President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, thus completely abandoning the gold standard.
Blockchain projects like Ripple Labs and Algorand would become a part of ISO20022 to digitize existing ISO 4217 (XDR) Special Drawing Rights.
"The XDR comes to prominence when the U.S. dollar is weak or otherwise unsuitable to be a foreign exchange reserve asset. This usually manifests itself as an allocation of XDRs to IMF member countries. Distrust of the U.S. dollar is not the only stated reason allocations have been made, however. One of its first roles was to alleviate an expected shortfall of U.S. dollars c. 1970"
Under this scenario: Dogecoin (equivalent to Pets dotcom back in the days), Ethereum (equivalent to Netscape back in the days). Would literally die after 2024.
It's a complete Altcoin flushout and altcoin apocalypse for many.
The new digital Gold, or Bitcoin, would also tank until equivalent to 2003 and would eventually hit new all time high which could be anywhere between 90k to 130k (keep in mind that Gold has only hit 66k per kilogram, so maybe peak is already in for Bitcoin unless Gold hits a new all time historic high). Overtime, Bitcoin and Gold could move together. To think Bitcoin will hit a million dollars under this narrative is not and wouldn't be realistic at all, unless there is hyperinflation in the US amidst a total dollar collapse, something that isn't plausible either, it can maybe hit a 60% low in a few years as other countries in G7 are integrated as global reserves next to the dollar.
This is my honest opinion. The most unpredictable scenario is perhaps the most likely one, and I think this is it. Very concerned about the future of decentralization and what crypto meant. Satoshi would be very disappointed.
Altmarketcap usd 1 weekAltmarketcap usd 1 week
dollar mollar
hadi
to the moon
hedef 2024
dayısı ajan
TOTAL3 is getting even closer to a breakout?look how the Convergence and
divergence with the Price action
and RSI move together...this is an
example of how charts work...we
have never been this oversold...
big things ahead for the ALT coins.
ALT M.CAP UPDATE! WHEN TO GO LONG IN ALTS??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka Altcoin market cap update.
TOTAL2 is forming a falling wedge like structure in 4hr time frame and currently looks like it is going for a 3rd tap of lower trendline of the wedge. Once it is reached near the lower trendline ($495-$500B) we can open some long positions with a tight stop loss. Longing here is more risky and less rewardable.
Hope this chart helps you to take better trade decisions.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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.
TOTAL2 - Whipsaw possible, but I doubt it.It's possible that TOTAL2 touches the weekly 400MA, however indicators are oversold and likely a deviation for liquidity is a higher probability.
TOTAL2 UPDATE! ALTCOINS IS IN DANGER!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka Altcoin market cap update.
Total2 is not looking good here. It breaks down from the bear flag-like structure and the recent pump in Altcoins was just a retest. After this retest, we might see more drop in Alts.
If you are holding any Alts then keep your stop loss tight.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Are you ready for Alt season?Watch for a break of the pink line with conviction. Once it breaks I think we'll see a rapid rise in alts. NFA, DYOR.
What are you favorite alts / charts right now?
TOTAL2 Alternate Bull Trap ScenarioPrice right now is pretty stagnant this could be indication of a bottom or a bull trap similar to one seen in prior bear market
This is a max pain scenario
Linking my other analysis which suggests this price action is the bottom. Its gotta be one of them right?
TOTAL MARKET CAP 1DAY UPDATE 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:-
Alts market cap bounced from the rotated rectangular support, trying to break the horizontal resistance.
The last few daily candles closed as a spinning top, which is a sign of indecision between bulls and bears.
So the perfect play is to wait for a breakout or breakdown with a substantial volume, that will confirm the next direction of ALTS.
Some significant support and resistance levels are set apart to act after an effective breakout or breakdown.
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 MARKET CAP TECHNICAL ANALYSIS!!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
#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
TOTAL2 - Mid Term Recovery I expect the crypto market (particularly) the altcoin market here (TOTAL2) to undergo a partial recovery from this extreme bear market we have all experienced.
A market cap rise from where we are now to the middle line of the up channel drawn (dotted white line)
This bullish expectation should be reached by early 2023.
A W formation can be seen on chart with bars pattern.
