TOTAL2
TOTAL MARKET CAP long-term update:must read!! Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
TOTAL MARKET CAP
Total market cap formed this big rising wedge pattern but it is yet breakout currently is lying on the lower support of this big wedge pattern as long as the lower support, we can expect a bounce from there. RSI is in the oversold range and we have 200ma as local support.
If it breaks the lower support or 200ma support then the chart will be invalided.
If you look closely at the first cycle and compare it to subsequent cycles, you will find that the beginning of 2021 was great for TOTAL MARKET CAP because it grew by almost 500% in 2 swings.
If you look at the second cycle, the price has risen at first, but later you realize that this is a trading range. In the trading range, there is a difference between the buyer and the seller.
After the failure of the trading range, the price enters a downward trend for a while and falls about 70%. You may think that this is too much and it is no longer possible for the price to return. In fact, this is not the case. It is necessary for the price and health of the market, although this decline did not happen easily, but it can be recovered from here.
Stay tuned
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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TOTAL 3 weekly chart is sitting the biggest support in history.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.
HOW LOW, CAN WE GO! HOW LOW, CAN WE GO! (TOTAL2 VERSION)If I had to guess, the crypto market minus BTC still has ~10% of bleeding left to do before it hits previous support. Forgot to check but that's like a few billion at least.
Breakdown & bear retest of 200 on 3D supports this idea
Breakdown into oversold RSI on 3D indicates we may see a bounce soon - but it could also get stuck down there for a while while we continue down.
I think the admirable performance of ETH is the only thing keeping this afloat right now, and will be the only reason this *doesn't* play out, if it catches support sooner.
Anyone buying ETH around these levels will look like a genius a year or so from now...
happy trades, always ~
CD
#ALTS MARKET CAP ANALYSIS!!welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
#ALTS Market Cap Analysis
It is moving in a parallel channel in a bullish trend. It is currently trading above the trendline support. The RSI is in oversold territory. We will have to wait for a sustained breakout to confirm its next move.
Sorry for my English it is not my native language.
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#ALTS MARKET CAP ANALIYSIS !!welcome to this quick update on the TOTAL analysis.
I have tried my best to bring the best possible outcome in this chart.
It broke down descending triangle, retested successfully, and after that, we have seen a drop in it. Currently, it is holding above its horizontal support. RSI is in the oversold region. An upward movement is expected in ALTS from here while a sustained breakdown will confirm the further bearish trend in it.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
Thank you...
#ALTS MARKET CAP ANALIYSIS !!welcome to this quick update on the TOTAL analysis.
I have tried my best to bring the best possible outcome in this chart.
A very good position for ALTS!!
It broke down descending triangle, retested successfully, and after that, we have seen a drop in it. Currently, it is holding above its horizontal support. RSI is in the oversold region. An upward movement is expected in ALTS from here while a sustained breakdown will confirm the further bearish trend in it.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
Thank you...
TOTAL2 (Altcoin Market) Bearish SentimentUsing two different Fibonacci Circle plots we can see price being rejected at purple and inversely being supported as orange
Currently price is in the middle of the purple fib ring, this allows a bearish conclusion to be made
Bearish action is plotted by Bars pattern in red (just a guess of how it will undergo)
Once price reaches orange again resumption of a bull market is possible (green)
Bitcoin will recover before altcoins
Long-term analysis TOTAL2 CRYPTOCAP Altcoins - Head & ShouldersMassive head and shoulders formation on the 3W chart of TOTAL2 #CRYPTOCAP (orange line):
The candle stick chart represents the Altcoin dominance which is currently breaking through the upward-sloping trendline (red support line).
#Altcoin EXIT opportunity at pullback to the neckline (violet neckline of SHS pattern).
If the TOTAL2 CRYPTOCAP can get above the right shoulder the head and shoulders sell alert is invalidated.
But if the TOTAL2 CRYPTOCAP gets rejected at the neckline we will see a massive Altcoin crash (TOTAL2 CRYPTOCAP could shrink to 600 – 500 billion USD in this case)!
Note:
This analysis has nothing to do with Bitcoin, because the TOTAL2 CRYPTOCAP does not include the BTC market cap.
But it is recommended to exit your altcoins positions near the neckline of the head and shoulders pattern.
Disclaimer!
We (Asset-Ethology) are not a financial adviser. For educational purpose only!
You can use the information from the post to make your own trading decisions.
Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
TOTAL MARKET CAP 3 HOURS UPDATE 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 it as FINANCIAL ADVICE.
#TOTAL ANALYSIS
It bounced from the horizontal support and currently rejecting the horizontal and trendline resistance.
MACD crossover is showing bullish momentum. We might see some sideways consolidation in the current range and a sustained breakout/breakdown will further confirm the next move of it.
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
CRYPTO M.CAP TO $40 TRILLION BY 2026!!!- RAOUL PAL stated that the whole CRYPTO market could potentially reach $250 TRIILLION BY 2032!!
- He is going of the amount of people invested in crypto today, which is only 106 MILLION, he stated that their could be around 3 BILLION CRYPTO USERS by the year 2024/2026 0_0
$TOTAL 2 - Alt coins have bounced off this important sup levelFor those who can stomach this crypto volatility, we have seen the market cap chart of the Alt coins bounce off $600mil this morning. Notice how important this support zone was in 2021 touching it multiple times and bouncing. Also importantly, this is where the anchored vwap zones come in using the December 2018 and March 2020 lows. This is no doubt an important support zone and bulls will want to protect it at all costs to keep Alt coins alive.
Note: Used a LOG chart to show more perspective, but same levels apply on the normal chart.