Alt market TOTAL2 Retreat in BullmarketLabels corresponding to points on RSI
I expect the next bull run to play out on the RSI similar to the first
Total2usd
Total Crypto Market Cap - This is the dip to buyIf you don't think crypto is dead, this is the dip to buy, buy and close your eyes, comeback in a month.
AltsMCAP Chart pattern questions Pattern setup for both a head and shoulder or a phat flag to boost the market cap higher
Ill go for the flag
TOTAL Market goes to 1.9 T and rise. And will grow againTOTAL Market goes to 1.9 T and rise. And will grow again
Alts MCAP (TOTAL2) AnalysisWe are either looking at a nasty rejection continuation
Or a double bottom formation and a break of this trendline that has been continually tested (3 times)
Personally the bear scenario sounds more logical to me, yet this is crypto so I accounted for both sides.
The 200MA (yellow line) wont hold if this breaks down. FYI
Alt's market cap hourly ideaHourly idea for TOTAL2 which excludes BTC
we are presented with a very compact structure, i believe it to be bullish in nature
We are now moving towards the upper band of the structure, (i think will break)
2 Bounces off the Hourly 100MA
Altcoin market moving through 1.618Price is in full bull mode on this four hourly chart
personally i think this channel that has formed will be broken with a large up move
Altcoin Market Cap - Phase 2Phase 2 of the bull run
A lot more upward pressure is assumed
It is a massive market cap though
Market Cap ideasketching some trendlines
And the larger structure that has formed
This is the altcoin market
Market Cap Bullish Divergence, HourlyCharts for TOTAL2 showing price printing lower lows while the rsi indicator printing higher highs, this is an example of a rsi divergence
Charts for TOTAL shows that price is in a possible expanding wedge I would call it, it still looks quite bullish
In comparison though a RSI divergence on TOTAL2 Hourly is a very strong bullish sign, VeRy
Market Cap Channel Bullflagan idea
trendlines that are relevant are drawn
the yellow MA line is the 200 moving average
Altcoin Market MACDThis MACD pattern suggests a reversal on the DAILY
Used the brush tool to roughly the draw the way the Lines will cross
Bought the dip on Ethereum
TOTAL2 Dip buy above 2.618Pushing through 2.618 of the fib circle, drawn through the strongest trend of the continuing bull run
Nice touch on the daily 50MA
Market Cap - Further Gann and Top predictions Suggesting an early 2023 end to the bull run
So based on my previous analysis I have managed to extrapolate roughly a June 2022 - April 2023 end date for the bull run
Personally I might brave myself for another bear market if I have the courage, or I am selling around December 2021 just to be safe.
The first Gann ring hits the 2018 Top perfectly, I don't see why it would change for future price movement
Price has also just broken above the middle Gann line (2018 top) this will act as a new support, very bullish, continuation.
Market Cap - Was the last bull run unique?If the last bull run was unique I pose the question why are we seeing similar patterns? (within circle)
With an impressive 452846.26% increase to reach the Top of the fib channel
Will this occur again? The TOTAL market cap would be incredibly high if so
I have my doubts but this is cryptocurrency, to reach the top again another massive move is implied, we will see I guess.
A very optimistic scenario.
MCAP Easy RecoveryThe market is extremely bullish
and every pullback demonstrates this bullishness
with the speed of recovery
I suspect the latest drop to be another dip and a great buy opportunity as we head into a new week on the crypto market
MCAP Another view(b) is a Head and shoulders view, with a left shoulder and a head already formed, expecting a rejection at the next Gann line
(a) suggests price will smash through the next line, as it did previously with the same structure
(b) is a bearish short term view
(a) is a strong bullish view
This is the altcoin marketcap
In the chart above i show where the altcoin market may extend to, June 2022
TOTAL2 Small Pullback abovePullback above blue structure
The Gann range (1/1 , (1/2) is massive and extends up to like 4T
I doubt it will hit four trillion, I hope for 2T
I believe there is still a lot of bullish potential within the altcoin marketcap
TOTAL2 Giant Bullflag IdeaIf you take a closer look at the purple ribbon it looks like the bear market has formed a massive bullflag
Seems very coordinated
Looks nice though not gonna lie
When lambo?
Included key fib lines for a bullrun
TOTALMCAP looks bullish 1H, 4HOpen moving averages is when they are structured in this order, descending - 50, 100, 200 MA
During these periods of time bullish activity is often highly favored
A few golden crosses can also be identified on TOTAL2
I still think the TOTALMCAP is extremely bullish throughout 2021
