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TOTAL2

BTC/USD (Retest Previous Resistance)💎Technical Analysis Summary💎 BTC/USD -Bitcoin made a new all-time high price and now retesting previous resistance -The previous top is around 61k-60k dollars which may act as support today -We can see the red candle is reacting to this zone -The bulls are trying to push the price up or buying this price dip -If this area can hold for the next 2-3 days, I think the chances to continue high increases -For now, we can see the market is in red due to this small pullback -But many large-cap altcoins are performing strongly at may hit a new all-time high price -If crypto space will continue its upward trend, many altcoins will follow the same -I have prepared my altcoin list for potential new move in the coming days or weeks -As long as the market is in safe mode, the Altcoins will come back stronger -Have a nice weekend everyone and stays safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins TheDeFiPool 🙏🎉 `````````````````````````````````````````````` 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!😊💕💖 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
10
BTC/USD (New All-Time Price)💎Technical Analysis Summary💎 BTC/USD -After consolidating inside the ascending triangle pattern for many weeks -The bulls finally pushed the price into a new all-time high -The price almost hit the level of the 65k dollar -If we can see more follow-through from the bulls -I expect the next upside target is 70k dollars -But if a pullback is in play, the 60k region might be a good rebuy zone -For now, let us all celebrate this new level of the trading area -Don't worry about your altcoins holdings -They will have time to bounce back fast once BTC starts to move slow or consolidate -This is part of the market cycle with regards to money flow -I'll start preparing new swing trade setups in Alts :) ⚠️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!😊💕💖 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
9
BTC/USD (61k Dollars Strong Resistance?)💎Technical Analysis Summary💎 BTC/USD -The bounce from the support trendline 4 days ago is still valid -BTC is playing around 60k dollars but having difficulty passing 61k resistance -If we will follow the end of this triangle pattern, there is still 4-6 days of trading left -The time is running out for the bulls, they must clear the resistance as soon as possible -Otherwise, the bears might enter the market and seize the oppurtunity to break its trendline support -I'm expecting a sharp drop down to the 50D MA area -But if the bulls continue their trend, I think it can go to 70k dollars next target -And many altcoins will follow Bitcoin's path to new higher high -Very crucial week for the overall market, please always protect your capital -Good luck and stay safe everyone! ⚠️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!😊💕💖 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
10
What Is Going To Happen In ALT SEASON? 💃It looks like that Alt Season is started.. Every single parameter on BTC.D, TOTAL, TOTAL2, OTHERS.D and ETH/BTC shows this to us.. For example you could see a lot of Alt Coins were pumped yesterday as Bitcoin just was ranging.. But to make sure of this fantastic party in ALT Coins we should wait and see if the BTC.D weekly candle will be closed below 60% or not. If that happens, we can start the celebration of April.. But let's check some data to see what is going to happen is ALT SEASON, and what do I mean by "Celebration"?? Let's look at BTC.D weekly chart above: As you can see, I made a clear time-line for you 28 DEC 2020 to 22 MAR 2021, that show us Bitcoin dominance came from top (73.55%) to around 60% and this is about 17.16% drop on dominance. This only 17.16 drop, made Ethereum to move from $900 to $2000. I'm sure you've seen what happened to other Alt Coins during this time-line... By using Fibonacci and finding strong support lines, you can see that I predicted that this BTC.D drop will go down around 42.24% on Dominance.. Check out this folks, it'll be a 31.1% drop from now on.. This is going to be twice as what happened in bull market.. Now Let's check out the TOTAL weekly chart above: This chart shows us how much money is in the crypto market. I put the exact time-line as before, 28 DEC 2020 to 22 MAR 2021. As you can see, the time when the bull market was started, TOTAL chart shows us 678 Billion Dollars were in the market.. However, Let's check out how much money is in the market now?? AT the time that Alt Season is starting, there is 1.869 Trillion Dollars in the market and this is huge.. What is going to happen to this money when Alt Season is started? of course, This money is going to flow into the Alt Coins and again, THIS IS HUGE!!! I used Fibonacci analysis on this chart to, and it shows us that in Alt Season TOTAL market is going to be al least but not last around 2.5 Trillion Dollars and this is 263.39% growth from when the bull market is started.. It's time for Shit coins, Let's look at OTHERS.D weekly chart below: This chart show us the dominance of shit coins on the market. And again the exact time-line as we spoke previously. OTHERS.D made a movement from 5.63% to 12.19% and that 120.87 growth. This is the reason why you've seen shit coin flew high in previous months.. If OTHERS.D can break this resistance are around 12% it can go up at least and again not last around 15.69%. This will be 177.17% growth since the bull market is started. This chart shows us if shit coins can capture 15% share in crypto market they will give us a huge amount of profit to us during ALT SEASON.. But be careful guys these kind of coins are dangerous, as the can give us big prizes the can make us harm in huge losses. So don't forget about your Capitol and Risk Management. Our last chart to talk about is TOTAL2 weekly chart here below: This chart is just like TOTAL, but it shows us how much money is in Alt Coin markets. That means everything except Bitcoin. The same as above, 28 DEC 2020 to 22 MAR 21. At the time when Alt Coins bull market was started, there was 198.709 Billion Dollars in TOTAL2. At the end of the time-line there was 705.867 Billion Dollars and this is a 258.01% growth.. I'm interested!! What about you?? TOTAL2 managed to break it's resistance area upwards. Fibonacci analysis is telling us it can go to at least but not last around 1.118 Trillion Dollars. This is a huge 465.61% growth since Alt Coins bull market.. All These enormous numbers shows us, this ALT SEASON is going to be a lot different than what happened before in previous ALT SEASONs. I've been telling you about this ALT SEASON in my previous ideas, couple of months and weeks ago.. If you didn't read the I strongly recommend you to do that so, because there are a lot of important information for you to know in them.. I hope you can find this idea useful and make yourself ready for these huge numbers.. I will update this idea and of course I will post new idea.. So stay tuned for further details and information.. What is your point of view or analysis on ALT SEASON , I like you to share it in the comment section for me, so we can share our knowledge together. And, As always, feel free to ask any question about this chart in comment section, I will happily answer you :) If you like this idea, hitting like button, sharing it to the ones who will find it useful and giving me comment will give me a lot of motivation :)
CRYPTOCAP:BTC.D
by ArshiaZojaji
17
BTC/USD (Bounce at Trendline Support)💎Technical Analysis Summary💎 BTC/USD -Bitcoin found support at the trendline area again in the confluence of 50D MA -The price is currently experiencing minor rejection at the 59k resistance area -But that is fine as long as the upward trendline support holds -I am expecting a breakout within 1-3 days -If I'm bullish, I want to see BTC clear the 60k region and hold -This will give us a strong probability to go higher to a new all-time high -But if you are looking for bearish entries, a break below 50D MA -plus a bearish retest would be perfect for short entries and target the 45k zone -Next week price action is very crucial in the midterm movement -So please make sure you have a trading plan ready if BTC goes south or north -Have a nice weekend everyone! Keep 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!😊💕💖 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
26
BTC/USD (Retest Trendline Support?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin faces another rejection at the flat resistance zone -The price is likely to retest its upward trendline of support -The trendline support is a confluence of the 50D MA area -If the Bulls will repeat the recent bounce at support trendline -Then, this bullish ascending triangle will increase its probability -We might see a break above the 61k dollars soon -But if the 50D MA and trendline support fails -A test to the 50k dollars region might be on the card -Please be cautious at the moment -Make sure to plan your next trade ⚠️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!😊💕💖 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
6
BTC/USD (20D MA Acted Support?)💎Technical Analysis Summary💎 BTC/USD -The mini consolidation from my last published idea hit my 56.k target zone -The 20D MA acted good support and currently holding the price above the average -This is a good sign in the short term price action as the Bulls defend that region -Bitcoin may likely be forming an ascending triangle with an area of resistance around 59k-61k dollars -If this pattern confirms an upside breakout in the coming days -The potential target is somewhere 68k-74k dollars using the Fib extension -Many altcoins are doing great today as the BTC dominance keeps falling to 57 level -And if BTC continues to move sideways inside this triangle, I think we will have a few more days of green day -Be cautious! even if the pattern is bullish, it may still break to the downside -So please make sure you have proper discipline in terms of risk management -let us all have a nice day and I wish everyone are in good profits! ⚠️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!😊💕💖 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
6
Bitcoin vs Altcoin Market (TOTAL2) Growth/DominanceLets talk timeline to set the stage. Note that all of these metrics/growth percentages assume a start date of 01 December 2020. DEC-JAN: we saw the market gain momentum in December and we entered the new year with the altcoin market ( TOTAL2 ) in a corrective trend and Bitcion flying on its way to a new ATH . At Bitcoin's peak it was around 30% above the TOTAL2 market. JAN-FEB: leaving January into February we saw Bitcoin correct and realign with the TOTAL2 market and they both climbed up to Bitcoin's next ATH , however this time you saw TOTAL2 begin to breakaway from Bitcoin and post around 5% more growth through February before they both steeply corrected in late February and entered a combination corrective pattern that appears to continue to this day for Bitcoin . MAR: while Bitcion remained ranging within a corrective pattern, and industry appeared to be accumulating more Bitcion and strong altcion pairings (like Ethereum ), the altcoin market began to show growing bullish bias, and the delta between TOTAL2 and Bitcion grew. APR: Currently TOTAL2 is around 25% higher growth relative to 01 December than Bitcoin . By now everyone is aware of Bitcion's struggles to escape 60k. Bitcoin tried and tried again, but was sound rejected each time. At this point Bitcoin isn't even posting a higher high within the supertrend and is ranging with a slight bearish bias. I don't see this as the top of the cycle, there are no obvious indicators to say so, like massive exchange inflow, heavy miner selloff, Pi (close but not crossing yet), MVRV and others. In fact it appears that big money/industry is accumulating heavily at this stage in advance of what most of us considering a continuing bull cycle. But short term it appears that Bitcion isn't healthy and will likely continue to retrace to lower levels as it ranges between ~55k and 59k. What does that mean for our altcoin market ( TOTAL2 )? Most of you probably also observed that a lot of altcoins, like Ethereum , are climbing. If the past is any indication, even a brief alt season can reap generous rewards with minimal effort as the market's interest (ie. money) moves into altcoins, but be careful and set stoplosses where you can. Also be aware of the countless scams and rugpulls found out there. I'd say if all else fails, try to accumulate more Ethereum as that is an industry favorite behind Bitcion and probably very undervalued against potential ETH 2.0 valuation. However there are numerous excellent altcoins to invest in if you so desire. Okay, so what happens in the remainder of April, and beyond? Well if we use the extremely limited data set of January where Bitcoin outgrew TOTAL2 by 30%, it took around 30 days from that peak for the TOTAL2 market to flip dominance and outgrow BTC . Lets assume we see Bitcoin in a 30% deficit in April, it will be around 30 days from that point until Bitcoin retakes dominance and we see another run to break out of 60k. This would actually give Bitcoin and a great deal of the retail market a cool-off period, lower the price, lower the greed/fear index, lower some other indicators of cycle top, and give us the runway to aim for the mythical 100k target. This would put Bitcoin as reassuming dominance in mid May, and peaking shortly after at a new ATH . Some other food for thought: With an unprecedented amount of big money/industry/banks investing in crypto markets this year, we should expect that some indicators/patterns that worked in the past aren't as relevant now. Also the appetite for altcoins could see a marked change as investors realize there is a large ecosystem of coins and technologies represented that they can speculate on, we will possibly see the altcoin market continue to grow far beyond what we see now. Technology like Ethereum is just a hint of what a more mature market would gravitate towards and future bull markets will undoubtedly see altcoins gain a larger share of the market. This is just a very topical analysis. I should go back and compare other TOTAL2 / BTC flips to better guage a possible timeline. Trade with care and look for decreasing TOTAL2 dominance as a signal that Bitcoin may be poised to resume a proper and reliable uptrend.
CRYPTOCAP:TOTAL2
by 1BigPapi
1
BTC/USD (Mini Consolidation?)💎Technical Analysis Summary💎 BTC/USD -After the bullish rejection at the 50D MA for the 2nd time -Bitcoin is up by almost 20% from the recent daily higher low point -Currently, the price has been consolidating in this small range between 56.6k-60k dollars -If this a mini bull flag to break into a new all-time high price? -Or a little weakness as the bulls are not showing any strength to go higher anymore? -This is like a calm before the storm at the moment -We can see the BTC dominance is dropping to a new lower low, currently at 58.5 level -Many Altcoins are performing extremely well this past few days -Since it is the weekend, BTC can move against you since the market is a bit choppy -I always recommend booking profit and move stop loss at BE to reduce your risk -If in case we will have a pullback, the 54k-55k is a good potential support -And if BTC will make a new higher price, I will start scaling in for new positions -Anyways, Good luck everyone! ⚠️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!😊💕💖 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
10
TOTAL2 chart nearing 1 trillion dollars; alt season is booming!It isn't as apparent just by watching the btc.d (bitcoin dominance) chart until just recently but we can see on the total2 monthly chart (every crypto except btc) that we have been in a healthy alt season for several months now. We can see just as many impressive consecutive green monthly candle closes on total2 as we can on btcusd and it looks like the total2 price action will be heading for 1trillion very soon. I totally expect the whole market to soon be at 2 trillion. This is an incredibly bullish chart that should continue to make new ath's. *not financial advice*
CRYPTOCAP:TOTAL2Long
by DrDovetail
Total Altcoin Market On Its Way To $1 Trillion Market Cap1 Year ago, on March 31, 2020 the total altcoin market was valued at $62 billion. Today Ethereum alone is valued at $210 billion. TOTAL2 measures the total market cap of all altcoins (Total crypto market with BTC excluded). The Total Altcoin Market is currently valued at $700 billion while BTC has a market cap of $1 trillion. Looking at TOTAL2 there is resistance at current market cap level of around $700b. The altcoin market is continously making higher lows and is creating somewhat the same highs. This is creating an ascending triangle meaning we can see global breakouts across altcoin markets in the coming days. The Relative Strength Index is showing bullish progression. RSI seems to be "breaking out", an RSI level of 85 seems like a good index level as a target. On the Weekly Timeframe you can see this market is healthy by retesting previous alltime high zone: Does this market structure look familiar to you? It might remind you of BTCUSD at the end of 2020, it has the same type of market structure. If the altcoin market follows the same course, things could get very exciting for altcoins: Next I looked at some of the top-10 altcoins by market cap such as ADA, BNB & THETA and they all look bullish or creating bullish patterns. If the total altcoin market increases 42% in value, the altcoin market would be valued at a market cap of $1 trillion. This is a huge psychological level and when BTC hit $1t market cap this created alot of FUD and Bitcoin dipped 30%. BTC's Dominance in the overall crypto market remarkably finished making a perfect Elliot Wave: (This chart works with percentages on the y-axis.) 3 strong impulsive waves (1-3-5) followed by a 2 corrective waves (A-C) and retested previous trend perfectly (B). Great Elliot wave! Bitcoin also pulled back perfectly to the 50k USD zone. This is very promising for the longterm! The longer price stays around this area, the better it is remembered by people for the longterm. If a number like that is skipped too fast it can create unsustainable growth and uncertainty/doubt for the future. Also when Bitcoin increases in value, it is almost inevitable altcoins will too. So I come to my last bit I want to mention: every last Friday of the month the contract options of CME expire. This usually creates a dip nearing this point in time. It's one of the biggest exchanges for trading derivatives and has an effect on the Bitcoins market:
CRYPTOCAP:TOTAL2Long
by jonathanvn