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TOTAL2

BTC/USD (37k Dollars New Support?)BTC/USD -Bitcoin found support at near the 20D Moving Average -We can see a strong move up by the Bulls -If this daily candle closes in green -We can say the 37k dollar is our immediate support -If and only if the recent top is broken upwards -The chances to go higher increase to test 47k sell area -For now, everything is looking safe again -Some Altcoins is looking ready for mini reversals -Good luck everyone and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
8
Total Market Cap Likely Dead Cat BounceI know all of us are on the edge of our seats waiting to see where crypto is going and if BTC is ready to take off. Let me explain why it won't be that easy and when things seem too good to be true, they likely are. I have made a previous post on the Total Market Cap explaining the critical bullish trend line it most hold to remain with bullish momentum. A break below this level will signal a Bear Market without question and will decide the direction of crypto for the coming months. Here is that post, Now to find the devil in the details; In the chart, The RSI is still clearly in the downtrend for momentum. We have seen BTC break out of its Daily RSI resistance but this might have been due to the amount of room the Total had to rise. We see a looming 100MA and 200MA Death Cross approaching on the Daily time frame. We have seen this 3 times prior in the last 7 years and each time it was met with a significant drop. Let me give you some examples and ill start with the one that is almost identical in both circumstance and price action, We see the exact same 100MA and 200MA Death Cross, a breakdown of the exact key bullish level, followed by a dead cat bounce and then a 40% drop afterward. Here is a closer look at 2019 Here is another example of the 100MA and 200MA death cross that happened right after the 2017 Bull Run top. Again this was followed by a substantial 78% drop. I do NOT expect this significant drop again, this only occurred because of just how far it separated from the bullish trendline. The similarities do not stop at just the Total, it is also present in BTC at the moment as well. Pay very close attention to just how similar the Moving Averages are and the circumstances involved in the examples above. These are significant things to take note of and really suggest further selling pressure is going to follow. Here is the Total on the 2 Week time frame where we see a VERY Bearish cross on the MACD and low levels on the Stoch RSI. These signals will very likely carry to the 3 week and monthly time frames next and these have all been indicators of previous Bear Markets. If the total fails to hold that Bullish trendline there will be no more denying the Bear Market. Another thing to keep in mind is this pump was due to 100 Million shorts being squeezed. Without that, we would not be at this level. As with the Bulls being liquidated at the bottom and a rise is expected; When the Bears get liquidated at the top is a drop expected? Thank you for making it this far into the analysis, I hope this was insightful in any way and gave you an alternate perspective on the situation. I appreciate the support greatly, and comments are more than welcome;
CRYPTOCAP:TOTALShort
by NoOneWhoIsSomeone
7
BTC/USD (Good Monthly Support?)💎Technical Analysis Summary💎 BTC/USD -Finally, after 3 months of red candles. The month of July finishes strong -Bitcoin has a monthly immediate key area of support around 35k-29k dollars -This is the zone we need to watch for the remaining months of this year 2021 -As long as this area will hold, BTC will remain Bullish until the end of the year -For now, I'm expecting a few months of sideways trading again -During this consolidation, Let us see if the Altcoins space will move stronger -Because most of the time, Altcoins performs better when BTC trade-in range -I will always keep my watchlist updated and hopefully share some of my public ideas -See you and Good luck! :) ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
14
BTC/USD (40k Area Acting Resistance?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin is currently testing the mid resistance area after a 40% increased from the 29k region -This zone is a confluence of previous tops from January 8, May 26, June 15 trading -Also, the 100 Moving Average is sitting inside this zone -Take note, the RSI hit the 70 level or overbought territory -After 9 trading days with all green candles, it is potential painting a red day -If BTC tops out or slows down from here, expect a mini consolidation range -A correction is likely to happen if not yet then BTC might break the 42k zone -Let us wait and see which way the market will go within 24hrs-48hrs -Good luck traders and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
8
BTC/USD (New Strength)💎Technical Analysis Summary💎 BTC/USD -Bitcoin finally confirms the weekly key support area -After a strong recovery back above the 50W MA and hitting the 40k level -We can say BTC is safe for now in the coming weeks -But the Bulls can't stay relax because the 40k dollar is acting as a strong barrier -And also, we have a new CME price gap of around 34k-32k dollars -We know these gaps are likely to get filled soon -If you noticed some Altcoins are not doing well during BTC run-up -It is because the Bitcoin Dominance level increases too by 5% -The Altcoin space may move weak or slow in the coming days -Unless the BTC Dominance decreases and Bitcoin moves in a range -Congrats for the Bulls, let us see if they can make another follow-through ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
11
Altcoin MCAP Fibonacci Circles - Huge Upside? In the first scene we can see OTHERS bouncing off 3.618 strongly off the strongest trendline available A possible falling wedge breakout This level was seen as resistance previously before the massive run up we saw, now it is support In the second scene we can see TOTAL2 (altcoin cap) approaching 2.618, during the last bull run as price approached 0.618 of this same trend a massive run up through the transition occurred, will we see another massive run up through 2.618 (another .618) level If it occurs this will lead to phase two of the bull run, a more aggressive, and sharper rise across the board.
CRYPTOCAP:TOTAL2Long
by Bixley
2
BTC/USD (29k Last Area of Support?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin is saved by the last area of support and 200 Moving Average on 2D TF -If BTC will continue to move higher in the coming days -I expect a retest of the 20 Moving Average in this 2D time frame -This short-term 20MA may act as resistance again as seen in the past -The Bulls and Bears are differently in a tug of war until the last one surrenders -The market trading range is getting tighter and tighter each day -We will soon see breakout direction either up or down -So please always be prepared and manage your position size correctly -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
13
Alts Getting a Boost on TOTAL2Musk | Woods | Dorsey activated!! The technicals were showing a Gartley point "C" shored up on Bitcoin and as Bitty goes, so goes the crypto market, naturally alts are gonna hitch a ride. Check out that broadening / descending wedge on the longer term trend (bullish) BUT we have some interim oscillation to contend with before the bull really stands tall once again. We have a Gartley on TOTAL2, not a ton of volume but enough to risk a small long if you've got liquidity. We may push aloft the 200 EMA and sandwich in under the 50 with hopes of a bullish rise to break above that. Watch the Fibs and trendlines and as always, not investment advice and DYOR. Enjoy the show friends!
CRYPTOCAP:TOTAL2
by FudBox
2
Bitcoin Dominance Is Going To Hit The ResistanceBitcoin dominance: On 21st May 2021 the Bitcoin dominance index started the formation of an ascending triangle. Now the priceline is very close to the resistance of this triangle. Previously we have seen so many rejections by this resistance. If the Bitcoin index will be rejected again by this resistance and breaks down the support of this ascending triangle, then it can even touch the lowest value of 35. After breaking down the support and the altcoins will be free to move towards upside or downside Bitcoin dominance. But in case of breaking out the resistance, Bitcoin can again drive the altcoins with its move. Altcoin index: But only breaking down the Bitcoin dominance is not sufficient. In order to start a big altcoins bullish move we need to watch the altcoin index as well and that is Total2 index. This index shows the altcoin market performance excluding Bitcoin. If we take a look at this Total2 index then it can be noticed that previously it was moving in an up-channel and after breaking down the support it has formed a down channel. While moving within this new down channel it has moved very close to the very strong price level support and the support of this down channel as well. So we will need to break out this channel along with the breakdown of Bitcoin dominance as well. Conclusion: Most of the traders are only watching the Bitcoin dominance chart, and waiting for the dominance to be decreased or break down the support. But we also need watch the altcoin index (Total2 index) as well. Because at one side if the BTC dominance will be broken down and on the other side the altcoins index will be moved up then an altcoin season can be started like we have witnessed in Jan 2018. Therefore, it is important to watch both charts.
CRYPTOCAP:BTC.D
by moon333
1
BTC/USD (Warning Signal?)💎Technical Analysis Summary💎 BTC/USD -Warning sign for BTC, the price closes below the 50W Moving Average -It is now trading below the weekly key area of support -If BTC is unable to get above the 33k area in the coming days -Please be cautious and manage your position sizes -Because we don't know how far BTC will go if this downward continues -Good luck traders and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
22