CRYPTO WILL CRASH HEAVY AND THEN BOUNCE BACK UP!- We may get a similar move like the marker did back in 2022 which could take the CRYPTO TOTAL MC to over $3 trillion!
TOTAL2
@TOTAL2 UPDATE !!Welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
A very good position for ALTS!!
As we can see a total 2 is currently trading inside the symmetrical triangle pattern on a lower trend line support.
Here it's also evident that a total 2 whenever touches the lower trend line support it bounces well.
So here I am expecting a bounce and break to this triangle pattern which will be good for ALT coins entry.
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...
Total 2 Analysis? more dip is coming!!!📊 Total2 marketcap
🕒 Daily Analysis
🟢 The TOTAL2 broke the important support and dumped hard from breaker block. Most altcoins see double digit loss in last 48 hours. TOTAL2 is now taking support at $780-$800 billion area. IWe might see a test of $925-$970 billion resistance now. If it goes above this resistance then we see some positive movement otherwise the dump will continue. Use proper stop in all your position because of market situation.
TOTAL CRYPTO MARKET CAP!- We are still BULLISH, NO HOPIUM just straight facts, if we was to break below the support level close and retest to the downside, then yes a potential 2-3 year BEAR MARKET.
- However that has not happened, so I AM STILL BULLISH!
- THINK for a second why would MICHAEL SAYLOR buy so much BITCOIN if we are about to go into a BEAR MARKET, these guys know how markets work.
- REMEMBER FOLLOW what the ELITES do, not what they say!!!!!
TOTAL2 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.
A very good position for ALTS!!
As we can see from the above-mentioned chart the total market cap is retesting the upper trend line after breaking the triangle pattern just the line before.
This support level is also a crucial support level for the total market cap because breaking below and closing below this support level can be the worst scenario for ALTCOINS in the upcoming days.
IMO, the total market cap will hold this support just like before at the 170B LEVEL.
If the total market cap bounces fr this price level then we will be able to see a good green market soon.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
ALTCOINS ARE TRASHED Altcoin next stop is 400B.
Then 200B.
We may get back to COVID low like Netflix did.
From the COVID low 20B dollar for Altcoin, It has done 80x to reach ATH of 1.7Trillion dollars for nothing, no real usages, some Jpeg, Metaverse hype, P2E hype, Web3.0, Dao, Memes,... A lot of shits in the Altcoin market.
Now we will pay the price for FOMO in the market after it has done 50x-60x.
The pain is yet to come.
- You have seen irrational of Altcoins Market Cap. Just a hype, merely an idea and a website it has reached billion of dollars market cap.
- I see it as a Dotcom Bubble all over again.
- Like Market Makers said we were in the biggest and longest bulllrun ever since 2008 in stock market and crypto market.
- This bubble will cost so much to the people. The crash will not be in a day or two. It's gonna be a slow bleed and then Capitulation.
- Bitcoin may drop lower than 10k
- And Altcoins will be nothing.
Stack some money to buy the greatest dip in the FINANCIAL MARKET HISTORY.
Crypto Market Overview - Bearish SignsA short video breakdown of the market dynamics across 6 pairs to give content to whats developing in the markets.
ETHUSDT Directional Target analysis May 06 2022ETH in a macro flat correction.
Currently making an internal expanded flat.
W macd crossed negative
W RSI facing trendline resistance
TOTAL MARKET CAP IMPORTANT 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.
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 in this chart, Do not consider it as an
Financial advice.
TOTAL MARKET UPDATE
If you look closely at the liquidity of the market, it seems that they are made of a special mathematical function. The volume of capital input has experienced very good growth since the beginning of 2021.
The price is moving in the form of a long-term uptrend channel and now we are at the bottom of the channel. We expect it to continue to grow like the previous rally.
1. First rally: Starting from 500 billion to 2500 billion ( +2000 billion )
First Correction:Starting from 2500 billion to 1190 billion ( -1310 billion )
2 Second really: Starting from 1190 billion to 3000 billion ( +1810 billion )
Second Correction:Starting from 3000 billion to 1840 billion ( -1160 billion )
3. Third Correction: Starting from 1840 billion to 3700 billion ( -1905 billion )
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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#TOTAL2 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
A very good position for ALTS!!
Total2 still holds support and is testing the previous resistance trendline and the altcoin may pump
If it is broken and closed downside from the support level then the chart will be invalid.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
TOTAL 2 - Finding support, Trend break on mid-term draw down?Keep an eye on TOTAL2 Chart
strong close sees TOTAL2 attempting to break mid-term down trend
Heavy Bearish sentiment but some positive signs for short to mid-term trades
Resistance and support marked
In the unlikely scenario we break above marked neck line on inv' H&S, obviously things will shift very rapidly
Positive indicators on Daily:
MACD bullish cross
RSI breaking trend
Viewed in context of Macro trend:
DEFI TOTAL BullishDEFI TOTAL looks extremely bullish as it sits above this yellow long term trend line and post moving out of a rising wedge that will end up playing in the bullish favor
Triangles like this have been seen before and are in green
TOTAL2; CRYPTO TOTAL MARKET CAP EXCLUDE BTCTotal2 is falling to its targets
1: around 475B
2: 230B
NOTICE:
THIS IS NOT A FINANCIAL ADVICE
Crypto Market Cap bounced off a double support❗️💎On April 30, TOTAL2 had reached and rejected two technical indicators at 966.832B. The first is an 8/1 Gann Fan trendline and the second is a 0% Fibonacci level. We applied the Fibonacci so that 50% is placed right at the ascending channel breakout point. This way, Fibs show that after the breakout, the price has dropped the same distance as the width of the channel.
💎After the bounce, TOTAL2 retraced up, but failed to break a simple downtrend trendline. For the time being, we are likely to witness a short-term consolidation, between the strong psychological resistance near 1.0T and technical support at 946B.
💎Bears remain in control as long as........
TOTAL 2 What is a Tripple bottom reversal?
There should be an existing downtrend in place before the pattern occurs. The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal.
is the market forming a Tripple Bottom Reversal?
if that is So, we may see a sharp 8 to 10% down More in Crypto market to confirm the pattern and a wick would give us more confirmation of a reversal.
ALTS MARKET CAP 12 HOURS UPDATEHi 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.
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.
TOTAL 2 UPDATES:
total 2 is making this big EXPENDING channel pattern, currently, it looks like it is going to retest the lower support.
we can bounce from the lower support of this channel so let's see how it goes.
RSI is showing some bearish divergence move.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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The Crypto Market Dynamics and BreakdownA brief overview of BTC , TOTAL, TOTAL2 , USDT dominance, USDC dominance and DXY (dollar strength index).
So guys, i thought id post an update on the most recent crypto market developments, i plan to push out a video alongside this too to break it down in depth but heres what im seeing developing so far.
Ive correlated 6 charts that i think are worth looking at on a whole to get an idea of market wide developments. BTC , the driver of the market direction. Stablecoin dominance pairs, showing the relationship of money flow in and out of stablecoins back into the market (highly correlated with reversals), TOTAL and TOTAL2 , the total crypto market caps for ALTS and for BTC and ALTS to see overall bullish / bearish intensions, and the DXY (dollar strength index) which has been known to work inversely with BTC market reversals. E.g, when DXY is pumping, crypto is correcting and vice versa.
I think at present theres more downside risk than upside potential having cleared the charts and looking at the in a new perspective. I am still longer term bullish until we break and close below 28K which would confirm a new LL, breaking the range we've been in for the last year and invalidating any bullish momentum. However at current we have put in a new HH on TOTAL and TOTAL 2 and respecting the swing low so things remain to be bullish based on HTF structure for both marketcap pairs. That being said it seems as though we have been generating liquidity on both the buy and sell side on BTC , where due to having an inefficiency to fill to the left, price has nothing to liquidate as there is no structure to target to run stop losses. Therefore, what we have been developing is this upwards bearish flag formation after coming into HTF weekly demand. Buyers have shown presence with higher volume coming in at the lows and respecting an uptrend, but with the intension to mitigate the HTF supply above taking out the sell side liquidity and now targeting the buy side liquidity, sweeping the first low we have put in within the weekly demand range to target the extreme demand range on the weekly and daily timeframes. This would have induced both buyers and sellers into the market to liquidate them all enabling a capitulation event to take place to fuel the move higher. This same scenario looks likely to occur on both the TOTAL and TOTAL2 pairs too.
Stablecoin pairs did start to show some bearish signs with bearish divergence on the RSI and putting in new lower lows on the daily TF and weekly TF with bearish momentum coming in as shown by the engulfing candles and also respecting HTF supply. However, we have continued to the upside with less momentum and approaching key supply zones now. If price manages to push through these then it would be a continuation to the upside for stablecoins and bearish for the rest of the market. Right now its just a case of being patient and watching for signs of bearish structure change on the daily TF as we come into the zones. I think theres a possibility for them to push higher and fake out the highs, creating that capitulation event before reversing and becoming bearish with the market becoming bullish after such an event.
DXY is bullish on the weekly, but remains bearish on the monthly timeframe , coming into HTF supply range on the monthly TF in the premium of the leg. Im expecting the DXY to take out the highs, liquidating the highs, come into that HTF supply and reverse before starting to take out the lows. It looks oversold on the RSI on weekly and monthly and usually results in a reversal at these points. It works inversely to BTC so if the DXY becomes bearish it would be a good sign for the crypto market.
The dynamics are correlating to show short term bearish momentum for a possible long term bullish outlook. The on chain analysis also supports this with supply still getting taken and large volumes on outflow activity occurring. That being said, the economy on a whole look bleak right now, stocks look terrible and BTC has held up pretty well so far in comparison. Talks of one of the biggest recessions is also looming with a macro economic POV that looks pretty trash right now so its all a little uncertain at present, not just for crypto but with the larger economic outlook.
TOTAL2 - Little strength but holding for now. Intraday tradingWhat to do with ALTs? In my recent ROSE analysis I included this TOTAL2 chart, just wanting to show a quick update. Somewhat remarkably, despite a few significant wicks below the trend, this structure of TOTAL2 is still in place, within this descending channel BUT now below many key levels.
Let me be clear - this is structurally very weak, but we can possibly get a small bounce and can speculate on intraday alt trades. If we see TOTAL pierce through the resistance levels (dotted line) and regain support above and test the declining channel obviously we can feel more bullish on alts.
Though to my mind the market is very fragile right now, I am currently ONLY trading ROSE and BTC
But this isn't to say there aren't other opportunities, and I will be speculating on them if I see them
ETH is next Here's whats fascinating about crypto: It's a 24/7 market which means that it's roughly 6X faster than the US stock market. There are no holidays, there are no market open market close, there is always on.
I'm a firm believer that the majority of the gains from the stock market will enter crypto, but mostly focused on DeFi.
In 2016 money shifted from BTC (most well known) to ETH (happening now) then LTC then mid caps and then small caps and so on.
#TOTAL MCAP, Did you observe the breakout on this indicator?The total market cap is on support and holding for the last one week.
This is a decisive moment. You gotta be careful here.
As long as the support holds am bullish on it.
Also, do you see those breakouts on the RSI? Also holding the lower BB support.
The indicator is far pointing towards an upcoming bullish move in the entire market.
INVALIDATION:- Break and close below this channel.
Do hit the like button if you like my ideas and share your views in the comment section.
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#PEACE
TOTAL 2 has left its channelThe total index exits the channel in the long-term weekly and, on a weekly basis, forms the Rising wedge pattern
TOTAL MARKET CAP 12 HOURS UPDATE 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.
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.
TOTAL 2 UPDATES:
total 2 is making this big ascending channel pattern, currently, it is making this falling wedge pattern inside the channel.
we bounced from the lower support of this channel but we need to break out this falling wedge pattern let's see how it goes.
RSI is showing some bullish divergence move.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
