TOTAL2
ETHBTC, We are going to reach to the resistance zoneHello everybody
According to the chart, as you can see the price its making a upward trend but we need acceptance to have permission to take long position but now we can take short position according to the trend that the price is in it and when the price will reach to the resistance zone (Blue Box) that we shown, we can take short position and wait to see what will happen .
We will try to update update very soon after the price reach to the resistance and give us trigger point for entrance we will update chart soon .
Dont forget use stop loss and observe capital management.
Previous analysis :
Good Luck
Abtin
Battle Planing: Basic charting on Total 2 Total2 has been chopping sideways for two months and has gotten a tad boring. Individual coins have done some pump and dumps but the net market cap is sideways. In short order, and by that I mean in the next 2-4 weeks Total two will be at a decision point where it will begin to resolve itself bullishly or bearishly and I hope to be prepared either way.
My main inclination is the black upward sloping trend line will continue to hold except for wicks here and there. If that is to be the case then the price action will have to beat the downward sloping resistance line it is now under. So we are at a IF THEN type situation were we can do some scenarios for both upside and downside. The chart says a lot so I won't repeat myself too much.
Bullish Resolution We see price action act out an ascending triangle. There are potential for throwbacks, under performance, and all that, but the eventual targets are the 1.618 and 2 levels on the drawn fib. And it doens't help that according to Bulkowski, triangles are some of the easiest formations to spot but actually the worst to reach target.
Bearish resolution Price falls to around the 0 fib line. If that were to happen I would see Total2 devolve into a double top type formation. In traditional markets double tops have tops around 5% off in value but for crypto I feel justified in letting that go a little higher. Source? I made it up.
If price resolves bearishly it will be long term very bad news.
TOTAL MARKET CAP DAILY 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 in this chart, Do not consider it is financial advice.
TOTAL MARKET CAP breakout this symmetrical triangle and it just ounce from 50ma support we are expecting a bounce from here up to 2.473T.
Let's how the daily candle closes.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#TOTAL MARKETCAP Brokeout.. Market about to explode?Welcome to this quick update, everyone.
The total market cap broke out of the falling wedge channel.
Every altcoin I bought when the total was on support is 20% to 30% up already.
The chart shows the possibility of a 100% rally in the market pushing the total market cap to almost $3.5 trillion.
We can also expect a big rally around the altcoin space and BTC as well.
This chart is giving us hints that BTC can break the $46k and eventually $53k resistance in the next few weeks opening the door to the possibility of a new ATH.
Will that happen? I don't know. Time will tell.
The index is trading above both the red and the blue MA as of now which shows the signs of reversal.
It was almost 50 days of accumulation at lower levels.
What we can see now is a beautiful retest.
A green weekly close confirms this scenario.
INVALIDATION:- Losing the lower trendline support and both the MAs daily will invalidate this chart.
What do you think of this chart? Let me know in the comments section
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Thank you
#PEACE
TOTAL 3 STILL INTACT AND LOOKING GREATTOTAL3 (Total Cypto Market Cap
except BTC and ETH) 03-19-22
3 day chart. The
RSI just began to bottom out and begin
its move up, which has moved from
Hidden Bullish Divergence, to Bullish Divergence.
This is really setting up for an absolute
monster move...Also the 3 day is continuing to close at or above the trendline support.
Total Crypto Market cap ~So I'm starting to completely entertain the idea of the entire crypto ecosystem imploding on itself from around the current levels.
I don't know what is going to be the worldly cause of this, but I got this intuitive feeling that I really cannot ignore.
If I'm right about this, alts will take one of the biggest hits since December 4th 2021.
----
I could also very well be wrong about this, so take my words with a total grain of salt.
2 year prediction of total2, by Dia. big dump incoming.Seems like in a week or so we get the big answer. Market looks extremely bearish , I personally dont believe we can break the resistance
Pattern looks incredibly bearish.
We always dump before halving
the cup is drawn too big, it should not break the previous support of 462b
btc 19k bottom, maybe scam wick to 13k
expect 2020 highs of every altcoins, and some altcoins to completely be destroyed
Bitcoin Daily Analysis Update🟢🟢#BTC on daily TF looks messy as it more looks like the price is ranging more. Currently, the price faces strong physiological resistance at 40,000$ and holds the 39,000$ area as support. If the daily candle closes above 40000$ then Expect a strong breakout this weekend. It is so important to keep 36800$ Support By next week we can see some clear direction in it. Use proper stop in all your trades.
⚠ This Analysis will be updated.
✍ Analyzed by AmirHossein.
📆0.3.12.2022
SHOULD YOU HOLD ALTS OR NOT? ALT M.CAP UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALT MARKET CAP(TOTAL2) trade setup. Alt market cap looks fine as of now.
Alt market cap is moving inside a descending triangle which is a bearish pattern. Currently, the alt market cap is trading near the lower trendline of the triangle. So I'm expecting two scenarios here:-
Scenario1:- According to the first scenario, we can see some bounce in altcoins, and the alt market cap can reach up to $1.04T level and reject from there. Once it breaks below the triangle then the next support it at $800B
Scenario2:- If we did not get a bounce from the lower trendline and if it breaks below the triangle then it will dump.
Conclusion:- If you are holding any Alts on spot then I recommend you to exit after a bounce in alt market cap till $1.04T level or if it breaks below the triangle from here then exit immediately.
INVALIDATION LEVEL:- If the alt market cap breaks above the triangle then this chart becomes invalid.
What do you think about this?
Should we hold our altcoin bags or not?
Share your views in the comment section.
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Thank You!
Crypto TOTALGrayscale are distributing - www.coinglass.com
The SHORT will be invalidated if one of the situations occur:
- Crypto TOTAL breaks 2T with high volume
- BTC/USD breaks 52K
- Crypto News (Russia/Ukraine/Canada etc)
Strategy - We SHORT Blue Line in RED/SELL zone, we LONG Blue Line in GREEN/BUY zone. Currrently we are not there yet.
BTC/USDT currently is pushing price with poor volume = bearish until further notice.
TOTAL MARKET CAP DAILY 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 in this chart, Do not consider it as an
As we can see in the chart total market cap is making this symmetrical triangle pattern As as made earlier in June 2021.
If it bounces from here then we have 1.8 to 1.82 trillion level resistance or we have 21 as a local resistance.
Currently, it's lying on the downer support of the symmetrical triangle pattern in case we break out this pattern then we can drop up to 1.2 trillion level.
The global market also not looking good. FED meeting on 15th of march will impact the market we need to be very careful we may see volatility this week.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#TOTAL MARKETCAP on Support! BULLISH Rally ahead?Welcome to this extensive analysis of Total Marketcap.
If you are reading my updates for the first time, make sure you follow me if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Before I start explaining the chart I want you to take a note.
TA is not about predictions and prophecy! It's a simple technique (that most traders simply make more complex), to understand the moves of an operator of a particular asset and take your trade decisions accordingly. It helps to understand both bearish and bullish scenarios in a chart.
I am not here to predict anything, I speak about the facts I see in the chart, with no bias. You can have another opinion for the same chart.
So it completely depends on how you see it.
Remember my charts always have an expected move as per indicators and patterns along with some logic.
And I also have an invalidation point in all my charts with proper reasoning.
I could be wrong. That's how TA is done IMO! Do not expect much from anyone, no one really knows everything about the market.
If someone tells you he/she knows, either he's a God or a Liar.
Learning TA will help you to become a better trader. Not a fortune teller.
Now, let’s get to the chart.
The total mCap is currently sitting right o the support. Any break and close below this channel will result in a beginning of a more bearish rally across the market. A strong bounce will lead to a green quarter ending.
This is certainly a good spot to get into some spot positions with similar charts and bullish indications.
The risk is very low compared to the reward.
I will post some Altcoin setups soon.
Follow me for more.
CONCLUSION:-Total mcap is on support and needs some volume and bullish catalyst.
Invalidation:- Daily close below $1.46 trillion mcap
Note- DYOR before taking any trades, I am not a financial adviser.
What do you think of this chart?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
TOTAL MARKET CAP 1 2HOURS 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 in this chart, Do not consider it as an
TOTAL market cap is making this higher low w pattern but it doesn't conform yet so we
have 1.844T level we are expecting a bounce from here up to 1.972T resistance level.
so, let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
TOTAL M.CAP ANALYSIS! MUST BOUNCE FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total M.cap update. The total market cap looks good here and should bounce from here. Currently, Total M.cap is trading at around $1.05T
The total market cap breaks out from the 64days old trendline (purple line) and currently, it is retesting. After this retest, I'm expecting a good bounce in the whole market.
Also, at this level 100ma support is strong support so it must hold at this level and should bounce from here.
Invalidation level:- If any candle closes below $950B then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
TOTAL2The fundamental narrative has never been stronger, with increasingly chaotic conditions globally, tensions from pandemic residue supplychain, global monetary policy issues driven by the unattended climate change issue which by all scientific evidence is going to accellerate in intensity and frequency.
Humans are going to have to rely on cloud computing and networks more and more; smaller nations/economies going to be more greatly effected by these disasters just given scale of landmass/ less ability to economically absorb natural disasters.
Also war is back on the public stage, Ukraine was taking crypto donations before they were able to organise a mechanism to donate fiat
Ukrainians who evacuated early but whos bank cards/credit cards dont work anymore, the russian rouble down a massive amount in a tiny space of time
Climate events will also unfortunately drive tregion tensions resulting in more neighbouring country clashes over reasources, these events again impact a countries ability to manage their own fiatcurrency.
All very good reasons to want to have some of your net worth in a decenteralized monetary system which as yet has proven resillient from goverment intervention beyond blocking civillian accsess locally (vpn can fix this quite easilly I believe.)
Beyond all that innovation in crypto is also at an alltimehigh, with better ideas, more robustly structured projects coming out after years of trial and error.
Pretty sure total2 is going to continue on this logscale trend for a while tbh.