A possibility TOTAL2Altcoin market
Both rejected from key fib areas
will the most recent recover the same?
Assuming this scenario implies a large move afterwards, which I also hope occurs
TOTAL2
Alts looking heathly?? Alt season again??Whats up C3 Fam! This is the total marketcap of everything excluding BTC. We have formed a W pattern on the daily chart, waiting for it break resistance and turn support ! ( YELLOW LINE )
TOTAL2 - Alt Season Bull ScenarioWe are seeing a pennant and inverse head and shoulders on 4h time frame of Total Altcoin Market Cap. Powerful reversal setup. Meanwhile, US Dollar Index $DXY is at support in an environment where inflation is a huge fear. I expect a breakdown of the Dollar, leading to one final huge rush into assets as peak inflation fear erupts.
BTC/USD (Found Weekly Support?)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin printed its 1st green candle after the strong sell-off
-The price found support at a previous weekly key area
-This is a good sign of strength as the bears failed to create lower lows
-I'm not saying BTC will no longer dump or trade lower
-But the probabilities to see a good upside pullback increases
-If the bulls will attempt to push the price higher
-I think 45k-49k dollars is a strong resistance area
-So if you are looking for a buying oppurtunity
-Please make sure to have a trading plan
-And an exit strategy if the trade becomes invalid
-Have a nice trading week everyone!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉
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Not Financial Advice 💸
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Total2 alt coin market capAltcoin market cap looking alright.
Breaking trend resistance level while making higher low next best resistance is 990T.
If we close bullish Monday into Tuesday expect a green week for altcoins to slowly recover.
Important for the market to hold Sunday low!
always secure some profit on the sideline.
Make or break bulls TOTAL2Altcoin market,
this is the point where bulls need to stage a reversal
if not the larger Head and Shoulders structure will result
i see ALT season starting 2nd half of july we are currently doing wave b of correction, once the correction is complete instant millionaires will be made
THIS SUMMER THEY WILL RISE
patienceIt may be a grueling summer, watching the entire market chop around as nation states play around; "crypto isnt legitimate." "Crypto is legitimate" Blah blah blah... until finally there is another crisis on our hands. oh no liquidity drying up, oh no inflation, oh no what do we do. Crypto offers many solutions to the next manufactured crisis.
*ALERT* ALT Coin Market Reversal ImminentI just finished studying 9 previous recoveries after a crash of the Alt Coin TOTAL2.
Every Single One had a retest of the 0.236 Fib level.
Most dug into this region by a third and up to a half. One bounced right off that level.
Be aware that we may see a Total Alt Coin Market Cap of between :
$808B and $710B
In the next little bit.
This would dictate a healthy recovery pattern.
Have fun.
#dontworryimstillapermabull
Total Crypto Market CapSuch a beautiful channel, look how price reacts off the median in the past. I think we're in Wave 5 now headed for ATH's in the fall. I would probably get ready to take big profits in the fall as price hits the top of the channel. Wave 4 didn't go below wave 1 and we're currently at the Golden Fib Retracement from the Wave 2 low, #chartporn
market cap may collapse and correct today between 19 to 21 UTCwe have some inflows coming and BTC rallied quite a lot I expect some correction soon and correction up at this time just my notes lets see what will happen but if market goes down I will start to look for trades at this time frame if it goes up a lot short if goes down al lot long will update later
I give around 80% probability becausse its fib time extension levels which come together from 3 big trends something should happen at these 2 hours
Could it be this simpleDoes market cap even matter? Like really, if it is just a representation of (the perception of) value, is it hard to conceive that there is no objective limitation to how much crypto is worth?
Could the chart really be this simple?
Could a bull flag be forming in the altcoin market, meaning we're about to see a HUGE run up by BTC
