TOTAL2 Short Term Bearish ScenarioA bearish short term, ultra bullish longterm scenario
The drop forming a rounded top
Allowing a way higher move up
Total2usd
TOTAL 2 Rising wedge.I'm still learning and a have a long way to go, but it looks like this Alt ride could still have some upside room, then a big retrace. Some coins have 3-5 times this run already and a pull back would be healthy before perhaps more upside.
Total2 Heading North To Test The ATH SoonEveryone flipped bearish so soon. Just days ago we were all heading to the moon and now everybody is expecting a plummet. That is why you have to keep your emotions in check as a trader. The herd is usually wrong so I believe we will be testing the high in Alts MC over the coming days.
Once we get back above the $307B MC and test it as support this move up will happen fast.
My take profit area will be around $450B as I suspect we will experience a correction back down to the $307-307B level before finally launching into space! More on that later, but let's see if this plays out first.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
Inverse Price ActionPrice move (b) can be viewed as an inverse move to its counterpart
(a) shows the price curling around the spiral this is key to identifying the next move (b)
Price above the strong upward trend also allows for easy upward movement
This is a mixed idea of Analysis / Education
Big move ahead? TOTAL2Two point comparison for TOTAL2
Looks like there will be a strong upward move once the flag completes
The road to the support TOTAL2Price will likely reverse at the orange support line indicated
This is a good long entry area
I believe the altcoin market is about to explode even further!
Bix
Mixed signals at trendline TOTAL2TOTAL2 has recovered very well
Hopefully the bullflag plays out! (Abstract thought)
Looking at the total marketcap TOTAL2Three rejections within this trend that has formed
Hoping this formation will push the market cap to ~700B
The rounded top formation is very apparent currently and is quite bullish, as seen on linked chart (highlighted pattern in yellow)
Merry Christmas!
A nice fractal TOTAL2A fractal around the occurrence of golden crosses in these areas circled.
I hope a bullflag will form outside of the circle.
This is the altcoin market
TOTAL2 Bullflag - ContinuationTOTAL2 has transition to 2.618 within the strongest Fibonacci circle trend.
This will likely lead to the bulls continuing their run.
Its a strange pattern but I believe it can be interpreted as a bullflag once the area within the triangle (flag) completes.
In the attached chart I see a large bull impulse move coming within this newly discovered 2.618 territory (on the MACD). Many will be shaken out at this level however.
TOTAL2 Updateprice in Triangle holding trend line support very well if hold above this support than it can move higher from here
190 billion should hold for next move in alt coin
breakout above or breakdown
Do not mistake this patterns bullishness!we are presented with an initial rounded top that has rolled over into two more rounded tops
This pattern is extremely bullish and will likely explode to the upside as can be seen in the initial (1)
Total2 200 Billionalt coin market is ready to blast with huge 200 Billion volume time to add all the dips and on bitcoin pump dump no need to worry about stop finally .
TOTAL2 MACD Similarities Some similarities being shown on the MACD indicator
Massive bull spike incoming?
Bullish pattern apparent for altcoins - can it break out?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
TOTAL2 Large Gap FillFor anyone that was paying attention to TOTAL2 you would have recently seen a large wick down to ~80B
Bullish continuation is usually present after this occurs, as seen in previous wicks down
Looking for a sharp bullish move up
Inverted H & S Total Alt Coin Market CapShould play out the inverted head and shoulder formation in a bull market. Bear markets just seem to ignore them. Looks to me like it's still a Bull Market but let's see how it plays out. Target noted by horizontal line, possible time lines noted in vertical lines.
If .618 Holds - TOTAL2Potential upside to 1.618 if 0.618 holds
Looks very bullish
The pattern forming looks very suited for a large bull move like this one in bars pattern.
I believe the altcoin market is forming a giant bullflag.
