SECRETS the USDT.D chart can reveal - Crypto Bullish or Bearish?Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's video analysis, I share with you the SECRET of the USDT.D chart, that otherwise seems irrelevant in predicting the ENTIRE crypto market direction... right? Watch this video to find out what the USDT chart can reveal about the general trend of Bitcoin and altcoins / TOTAL cryptocurrency market cap. I also use one of my favorite technical indicators, the correlation coefficient.
Now , you might wonder, why are market caps relevant? In general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. For this reason, market cap is often regarded as the single most important indicator for ranking cryptocurrencies. The market cap of a cryptocurrency is determined by the current price multiplied by the circulating supply.
The market cap of a cryptocurrency more or less reflects the popularity of a coin over a longer term and can reveal how much market participation there is in a specific asset.
Large-cap cryptocurrencies are generally considered to be safer crypto investments. These are companies with a market cap of more than $10 billion. Investing in coins with large market capitalization is usually a conservative strategy. These coins are likely to be less volatile than other cryptocurrencies but still more volatile than traditional assets like stocks. Mid-cap cryptos (think top 20ish altcoins) are more volatile but also have a lot more growth potential than large-cap cryptocurrencies.
Micro-cap cryptocurrencies are extremely volatile and considered a highly risky investment, even though they may sometimes have a lot of potential (short-term) growth. However, be aware that they may also crash, literally from one minute to the next. They are also popular for pump and dump schemes, and liquidity rug-pulls.
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Totalmarketcap
#TOTAL MARKET CAP LOOK BULLISH!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
TOTAL MARKET CAP UPDATE
As you can see in the chart or absorb in the chart here TOTAK MARKET CAP is making these two patterns.
first symmetrical triangle pattern which is a semi-bullish pattern, here we need a breakout or breakdown to confirm this pattern.
The inverse head and shoulder pattern is a bullish pattern but here we need to break out the nice line of this pattern to conformation this pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
short trem#Analysis of TOTAL time 4H The price has started from the 900B range with high momentum, which has grown to the 1T supply range. In this move, it has broken an important structure in the 970B range with strength, which we expect to be around 950B, the range in front of the price, if this range is not supported, the stronger 870B range is a stronger support range in the direction of price growth. It should be noted that the price range of 1T cannot have selling pressure to correct the price up to the specified support range, the range of 1.06T and 1.1T is the price range for the price.
TOTAL M.CAP: BEAR FLAG RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total M.cap update. Personally, I'm not a bear. I enjoyed more in the green market. I'm happy if this chart will invalidate but we have to be cautious until things look better.
Now let's get to the chart.
Total M.cap is currently trading above the $1T level. It is forming a bear flag in the daily time frame. After the breaking down of this bear flag, it looks like a clean retest of this bear flag. If this bear flag played out completely then we might see a 35-40% downside move in market cap.
Invalidation:- Any daily candle close above the $1.04T level will invalidate this bear flag.
What do you think about this?
Share your views in the comment section.
TOTAL3 looks prepped for a launch anytime?TOTAL 3 weekly chart:
The Long yellow rectangle support box may
be the most important support in the entire
Market as a whole. When there is around 19,000
Alt-coin projects relying on BTC holding and this
huge monster support box holding, this is Do or
Die...Im confident in the coming 300 days,
we will see all time highs in the TOTAL 3 market.
The Green $2.674 Trillion is my Super bullish
prediction coming from measurements. and the
smaller yellow rectangles are the falling bearish
support boxes....lets hope we dont see the candles
fall lower. The RSI has never been this OVERSOLD, we honestly should be moving up
bc we are in uncharted territories and sentiment should change.
Crypto Total Market Cap 1WCRYPTOCAP:TOTAL
The green support kept the market cap in the same range and sent it up. If the red resistance is broken, we should see a significant increase in the market cap. But we have more confirmations to drop. We have a triangle pattern and if it is successful, we will see the price drop.
Possible targets if the red rectangle is broken: marked with a purple horizon lines
Possible target if the green rectangle is broken and the triangle pattern is successful: Around 600B
(THIS IS JUST MY PERSONAL IDEA)
#TOTAL MARKET CAP 6Hr ANALYSIS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
TOTAL MARKET CAP ANALYSIS:- Broke out falling wedge, retesting above it and consolidating in a symmetrical triangle. RSI is in the oversold region, printing bullish divergence. It is also on the verge of symmetrical triangle breakout which will most probably target the first trouble area around $1.028T after a successful breakout.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
TOTAL Crypto - Key support defended! Above 200MA + 0.382 FIB
The charts never lie and, as you can see, the bulls successfully defended the 200 weekly moving average and previous swing high from 2018. We didn't even close a candle below the 200MA!
We need to keep in mind that the 200 weekly MA is the strongest MA of all of them, and this zone is considered a strong support by huge institutions and hedge funds.
If we drop below the 200MA for the first time, then you can bet on a 10-year bear market and sideways boring price action. You don't want this to happen, even if you are a bear. Yes, you want to buy cheap bitcoin at 13 000 - 6 000, sounds good, but you will wait 10 years for another bull market cycle.
But for now, everything is perfect and we also hit the 0.382 FIB retracement from the previous impulse wave on the LOG scale. 0.382 is the second most important FIB level after 0.618. If you calculate it: 382+618 = 1.
If we take a look at the MACD indicator, we can spot a bullish divergence on the histogram and also a bullish tick. So this tells us the bears are running out of steam and the bulls are gaining strength again.
A lot of traders are very bearish. Altcoins like ADA, LINK, SOLANA, XRP, etc. will perform poorly in the next bull market in my opinion. These altcoins are great, but they need more time.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more analysis, please hit "Like" and "Follow"!
crypto total market capI've drawn the trend lines for you, support and resistances. as well as Fibonacci retracements. September cpi numbers and other economic news will determine the direction of this asset class. As well as the market participants confidence in the asset class. Id like to say were going to bounce off the trend line but I'm not confident this will happen. ive drawn 2 possible outcomes on the chart for direction. CRYPTOCAP:TOTAL
Cryptocurrency market cap 2-daily EMA20 ❌ EMA200 crossCryptocurrency market cap 2-daily EMA20 ❌ EMA200 cross
Bad times to buy cryptocurrencies ❓
Act as experienced investors do... dear #Bitcoin & Crypto Nation ⁉️😎
And think long-term 🗓️
Comment and Follow appreciated 🤗
*not financial advice
do your own research before investing
Total Market Cap Hello guys.
Total market cap is moving in a falling wedge and also back at it's strong horizontal support, from where we've previously seen a decent bullish move after retest.
Here a bullish move is expect after a successful breakout with some bullish candle closes above resistance level of falling wedge.
If Total market cap breakdown the horizontal support, then we can expect a move towards the lower marked demand zone. Total market cap is moving in a falling wedge and also back at it's strong horizontal support, from where we've previously seen a decent bullish move after retest.
Here a bullish move is expect after a successful breakout with some bullish candle closes above resistance level of falling wedge.
If Total market cap breakdown the horizontal support, then we can expect a move towards the lower marked demand zone.
💥Crypto Total Market cap - Pump or Dump?#CRYPTO (Update)
Price got rejected at 1.176T and it’s approaching a weak trendline which can make the market dump.
Also, price can pump and break 1.23T zone and continue to rise.
Let’s wait and see how market will play out.
In the meantime, kindly share your opinion in the comment section about what we should expect this week, a pump or dump?✍️
Not a financial advice🙅🏼♂️
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Happy Trading💰🥳🤗
Head and shoulders to watch out for on total crypto market cap.Right now price action is currently testing the neck line of a head and shoulders pattern that, if validated, could wipe 250 billion off the total crypto market cap. We can see its been stiffly rejected recently by the 1 day 50ma…in order to avoid validating the h&s pattern, it is crucial to flip this 1 day 50ma back to solidified support. There is a lot of fearmongering recently about a bunch of bt coin being released from Mt. Gox that could get immediately dumped on the market…something to look out for as it is a moment like thaat that could lead to a pattern like this triggering. However for now there’s still a chance this could be a fake out. Will have to wait and see, but we should know soon enough. *not financial advice*
Bitcoin - 4 Reasons to be BULLISHHi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Let's break down the 4 Technical Reasons why I am bullish on Bitcoin for the NEAR TERM (not short term) :
1 ) Bitcoin has been trading in a trend under the 50 day Moving Averages for 248 days. This indicates that the market is due for a correction towards the upside - back above the 50 MA. Now this does not necessarily mean that it will immediately turn bullish, but it is a good 25% increase that is relatively low risk to reward ratio.
2 ) The Candlesticks on the chart has been making higher lows, this is always a bullish sign especially in higher timeframes.
3 ) The Phoenix Ascending Technical Indicator together with Fibonacci Bollinger Bands is showing signs of a possible increase to $29k from a one week perspective:
4 ) If we take a look at the TOTAL chart / total cryptocurrency market cap , what we can see the potential for an Inverse Head and Shoulders Pattern to form. This means that for the short term, there is still possibility of multiple drops but we are trading close towards the end of the bearish cycle :
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