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TOTAL2

CRYPTO WEEKLY #19 (2021)The crypto market is up for a rough week with Bitcoin in a downtrend, the majority (if not all) of the market will go through pain in the coming week. It is to be seen where we can expect a temporary bottom for BTC but if we don't find one above 42K, the market is going for a correction. Currently we already see a head and shoulders on the total market cap without BTC and its trading on support inside the wedge. When we decisively breakdown from the wedge; I believe we will test support at the 1 trillion dollar supply zone and if that doesn't hold - we go for sub trillion levels of which the red target zone is the most likely one. Buy opportunities will come once we find a local bottom... We could see some more fake out behavior to the upside or (even better) see money move from Bitcoin to the other coins and BTC becoming less relevant in the time to come... However this will take some time. A bullish scenario for (certain) alts is definitely not excluded yet however the risk / reward ratio for the market as a whole is unsatisfactory at time of writing. IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
CRYPTOCAP:TOTAL2Short
by cryptobullethbtcxlm
3
BTC/USDT (Saved by 3D 50MA Support?)💎Technical Analysis Summary💎 BTC/USDT -My last BTC update was still trading in a small range around 55k-58k dollars -The bitcoin bears won the game after breaking its local support at 53k dollars -The price touches the 3D 50 moving average and the price reacted with a strong push-up -I think the bitcoin bulls defended this important moving average like history on September 2020 -We may see a temporary bounce to retest the downward resistance at 55k dollars -If the bulls can clear the resistance above, the chances to continue the trend higher increases -But if another rejection will happen, a major support retest is likely to happen again -And if that bearish scenario plays out, the bulls will be in trouble in the coming weeks -I'm expecting a sideways action inside this triangle pattern until June -This would be a good chance for the Altcoin to bounce up if they are holding at key support -Please exercise proper risk management because the game is starting to look difficult ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins Dinore 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
12
poor crypto noobsBitcoin is the system 2.0 and everybody is getting baited into it. Can u see it, the prison you are building for yourself? Monero is fundamentally a more valuable asset than Bitcoin, solely because of protocol level privacy. You can act like individual privacy isn't a pillar of freedom and equality on earth, you will only expose your deficient understanding of the cypherpunk ethos that did give birth to the Bitcoin you pretend to love so dearly. Market will remain wrong until 1XMR = 1BTC
XLong
by ZosmaLeonis
How to chart crypto market caps beyond TOTAL, TOTAL2, etc.! TradingView offers some awesome abilities to chart the entire market cap for cryptocurrencies using TOTAL, TOTAL2, and OTHERS under CRYPTOCAP. However, I often find myself having inquiries beyond just these symbols, so I would like to introduce how to show other market caps possible using some simple math. For those who are unaware what the symbols mean under CRYPTOCAP, here is a brief introduction to a few of them: * CRYPTOCAP:TOTAL - The entire market cap of all cryptocurrencies in the world such that if you were to own every cryptocurrency everywhere, this is how much money you would have * CRYPTOCAP:TOTAL2 - TOTAL minus the the market cap of Bitcoin * CRYPTOCAP:BTC.D - Also known as "bitcoin dominance", this represents the percentage of the total market cap which is made up of Bitcoin * CRYPTOCAP:ETH.D - Similar to BTC.D, this represents the percentage of the total market cap which is made up of Ethereum * CRYPTOCAP:OTHERS - TOTAL minus most of the cryptocurrencies provided by CRYPTOCAP that end in ".D" Additionally, for a full list of what OTHERS omits, this can be found at the following page by excluding all the prices described under the section "Total Market Capitalization Dominance, %" on that page. However, sometimes you might be looking for further market caps (e.g., just bitcoin, etc.). For these, here are some useful equations that might help you out: * "CRYPTOCAP:TOTAL-CRYPTOCAP:TOTAL2" , aka "the TOTAL market cap for BTC" - The easiest way to calculate the market cap of BTC is "TOTAL-TOTAL2", since the difference between TOTAL and TOTAL2 is the whole of BTC by definition * "CRYPTOCAP:ETH.D*CRYPTOCAP:TOTAL/100" , aka "the TOTAL market cap for ETH" - Since ETH.D is the total percentage of ETH in the market, multiplying this (as a percentage) by the total market cap yields the total market cap of ETH * "CRYPTOCAP:TOTAL2-CRYPTOCAP:ETH.D*CRYPTOCAP:TOTAL/100" , aka "the TOTAL market cap of everything BUT BTC and ETH" - Since we just calculated the total market cap of ETH, and since TOTAL2 is the total market cap minus that of BTC, subtracting the latter from the former yields the total market cap minus the two largest behemoths I should note as well that the market cap of any currency can easily be calculated using the formula ".D*TOTAL/100" so long as "COIN" in this formula has a "dominance" indicator under "CRYPTOCAP", e.g., XRP, LTC, BNB, etc. To chart any of these symbols, simply enter in the above formulas (without the quotes) instead of the symbol when using the search box in the interactive chart in TradingView. For example, instead of searching for "BTCUSD", try searching for "CRYPTOCAP:TOTAL-CRYPTOCAP:TOTAL2" instead. Hopefully folks find this useful for their future charting endeavors.
CRYPTOCAP:TOTALEducation
by crypto_trends
3
BTC/USDT (Sideways Trading?)💎Technical Analysis Summary💎 BTC/USDT -Hello everyone, I'm not able to update my BTC idea -Because there is no significant data at the moment -Bitcoin is still trading within the Neutral to Bullish zone -We can see BTC tried to close above 58k dollars -But the Bears easily send the Bulls back inside the ranging zone -Many altcoins are benefiting from this sideways trading for the past few days -And if Bitcoin can finally regain momentum above 58k dollars in the coming days -Expect these altcoins in the accumulation zone or upside potential continuation -Will start to break into new higher highs or extremely behave like a rocket ship to the moon -Guys, please trade responsible and immediately adopt what the market is telling us -Risk management is the key to survive this game ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
14
BTC/USDT (New Short-term Key Support?)💎Technical Analysis Summary💎 BTC/USDT -The bulls entered the market with a good bounce back above 0.5 Fib level -We still have 6 hours left before the daily candle closes -And if the bulls can maintain above 55k dollars, that is a good sign -Especially we are seeing good news in terms of fundamentals about Bitcoin & Altcoins -We are large-cap altcoins are performing well for the past few days -This is because the BTC Dominance keeps printing lower lows -And Bitcoin is expected to move sideways within a range for May -I think we will have another good altcoin season for a few weeks -But we can not let our guard down, we need to consider the bearish scenarios as well -I'm eyeing a few altcoins which have not created any significant move yet -If the market condition will be in our favor this month -I'm expecting these potential coins can big percentage gains within few weeks -Alright, Have a nice day and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
15
BTC/USDT (The Bulls Must Hold)💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is still trading within the mid resistance zone -Currently facing minor rejection at 0.618 Fib resistance -The good news though is the price is holding above the 50DMA -For me, as long as the 55.8k dollars holds, I'm still bullish -But if BTC failed and closed below 55k dollars, the bears might re-enter -We are seeing Altcoins performing well for the past few days -As the BTC Dominance chart keeps printing a lower low at current at 48 level -If in case the Bulls can break higher above .618 -And the BTC.D continue to drop or consolidate for a few days -I think the Altcoins will continue to perform stronger against Bitcoin -Because BTC will still trade in a range until the 65k ATH is broken -Please do not just FOMO in on Altcoins that had already pumped so high -Look for the potential next coin that still in the accumulation phase -For a high-quality risk to reward ratio perspective -But this is only for those who have a lot of patience -Because this is where big money is made -Thanks for reading my idea! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
14