Total2usd
TOTAL2 Bullish Exaggerated DivergenceOpposite of the bearish type. Both contain flat price action with however bullish version contains a rising 'higher low' present on the respective indicator. 4H chart.
Is it printing a bullflag? TOTAL2Looks as if it is in the early stages of printing a bullflag with large wicks, we will see how it plays out in the coming weeks/months. Lets go!
CRYPTOCAP: TOTAL2 - an investor in the market!Good afternoon! Let's see what happens in general in the cryptocurrency market. A very interesting picture can be seen in the analysis of capitalization!
Clearly visible double bottom. The development, which will begin with a breakdown of + - 120V or the upper boundary of the channel. Corrective market movement has come to its first level. It may not be suitable for the second, time will tell. The purpose of the upward movement is indicated on the chart.
In any case, it is necessary to consider all options, even a possible trip to the third bottom.
Cryptocurrency market accumulation - the entrance of smart money for investors lasted for more than a year. It is clearly visible on the volume indicator. This is exactly when the market is at the bottom. What was not noticed in the previous bull wound. Then the money entered the market already in the period of growth.
What would that mean?
Most likely, large players have entered the market, who will very cruelly squeeze their profits from all the faint of heart.
Most likely, the main influx of new money for earning has not yet entered the market. He will be later in the period of massive FOMO from lost profits. When everyone starts talking about cryptocurrency, even those who have nothing to do with it, and not just in the news. So, if you are a beginner, be patient and don’t be greedy!
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The Double TopDouble Top formation formed once hit the 0.236 fib line as per retracement from 2017 top, TOTAL2
TOTAL2 H&S or Continuation?Strong linear regression uptrend.. Buy the uncertainty! Included a fib retracement from the 2017 top to the 0.236 high that was recently achieved.
0.97 LR Uptrend!Very strong LR uptrend, 0.97, i have included a crash point to a VERY strong support for the alt coin market if this breaks down, grey EMA line.
Another rising wedge touch!Top of strong regression uptrend on 4H chart, also sitting at the top of the rising wedge chart pattern, pullback likely.
TOTAL2 Rising Wedge Multiple TopsRising wedge with a possible third top incoming, a H&S pattern and a perfect 200MA touch can be observed.
Alt Coin Market Cap Scenario 2Here is the other potential scenario for the Alt Coins!
12345 Impulse off the low followed by the AB corrective Waves and now starting our C wave to 29 Billion!
TOTAL2 Disbelief..I believe we are currently in a disbelief phase, with the recent spike in volume, price has TOTAL has soared, and a possible alt season is upon us. This alt season will be quite prolonged, due to the discrepancy in support levels between TOTAL and TOTAL2. A bullflag can be observed, as these aren't the highest performing chart patterns for myself, i have included a pullback area which is still bullish above the ichimoku cloud and an optimal entry point, for desired alts.
TOTAL2 Descending ScallopSmol descending scallop formation.. Adam & Adam double top present, max drawdown at ~57B
TOTAL2 Will Survive!As you can see TOTAL2 is clinging onto the gaussian channel downtrend. This may be a possible reversal point for the alt coin market. ~57B.
TOTAL2 Massive island topFurther downsides expected in this bear market, this island top could reach a critical point where it flash crashes to, or near the 0 fib line.
TOTAL2 Rectangular bottomRectangular bottom with a triple bottom, short term bullishness expected. Continuation of bearish trend will likely follow. First time using this chart pattern.
TOTAL2 Ready for a golden crossThe altcoin market has experienced some major downsides in the past few weeks, short term target of 0.382 fib level pushing the market cap to ~65B. 4 hr time frame view.
