BTC/USD (Sign of Strength?)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin may have found support near Fib 0.5 level
-We can see the price reacted to this region and a bounce is happening
-If we plot a descending channel, the price could test the resistance at 60k dollars
-And if a bullish breakout of this channel, we could expect much higher price targets
-If we see a good move above, I'm expecting a recovery for the Altcoin too
-I am now preparing my watchlist for new swing trades in the coming days
-Still, I will not go heavy because BTC still not out of the blue
-Good luck and happy thanksgiving!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
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If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
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Totalmarketcap
Total Crypto Market Cap LongTotal Crypto Market Cap chart is absolutely beautiful
Earlier in 2021 we set new highs which led to a correction and consolidation period.
In August we retested the highs which led to a rejection.
In October we retested and broke the highs, setting new highs.
We are currently retesting the Early 2021 highs as a resistance/support flip.
If this support holds we will be seeing new total crypto market cap highs and I am long.
A rising tide lifts all boats.
Will altcoins continue to rise? A cup-and-handle pattern has formed on the chart of altcoins' total capitalization. The price has broken through the upper boundary (resistance) and is now testing this level as support. According to the rules of this pattern, target = cup height.
This could be a good opportunity for altcoin growth.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Total Market Cap
Due to the fact that the trend of money supply in the crypto market after its dynamic failure is an upward trend to continue the entry of liquidity in the market
We have two scenarios:
Scenario 1: Until the second volume of liquidity (indicated in the chart), money is withdrawn cross-sectionally and then we will see a high inflow of money in the crypto market.
Scenario 2: If the amount of market liquidity decreases from the specified area and the money goes out and the so-called failure and stabilization of the specified area occurs.
We will see a sharp decline in the market
BTC/USDT (55k Area Potential Support?)💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin may have reacted bullishly just above the Fib 0.5 level
-This zone is a confluence of mini S/R flip last October 13 trading
-I have plotted a potential descending channel coming from the swing top
-If BTC forms any bullish reversal pattern within this bullish Fib area
-In the coming days or weeks, we can expect the uptrend is not yet over
-And the altcoins will also rally up again considering the BTC Dominance value is decreasing
-For now, I have not opened any swing position as I'm waiting for a better market condition
-Any bullish setups for Altcoins will reduce its accuracy if the overall space is bad
-I hope you guys are also taking this oppurtunity to study and relax a bit
-The market always moves in circles so there is unlimited opportunity
-So we just have to sit back and enjoy the process
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
CRYPTO TOTAL MARKET CAP up to 3,7 Trillion USDThis Chart defines the Moneyflow into Altcoins.
We have a huge CUP and HANDLE which almost broke up and retest the green zone perfectly.
Now i want to see a BIG Moneyflow into Altcoins... this is 1.242 Trillion USD which will flow into the Altcoins...
So take youre favourite Coins, fill youre Bags and let them Fly...
Please don´t forget to take profits...
ReX Trading
TOTAL 4HOUR UPDATEWelcome to this quick update of TOTAL analysis.
I have tried my best to bring the best possible outcome in this chart .
Total market cap broke out a huge cup and handle pattern already retraced it or support level is 2.427T and resistances level is 2.58T .
I thing the price cam pump from here .
if its broke and close above the support level then the chart will become invalid.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Crypto Market bounced off crucial support.This chart TOTAL is the crypto market cap.
It recently bounced off the 0.618 and 0.5 Fib. retracement taking the swing low several weeks ago and the ATH at $3bn. It also bounced off a previous resistance which is now support at $2.4bn, confirming the breakthrough of the resistance (a bounce lasting several more days would confirm this more).
The pa is still above the 100EMA.
I'm not a financial advisor and this is just my personal analysis. Don't just listen to an Explosive Cow and DYOR.
Are Whales coming? This simple chart explains it all. 🐋This simple trend line on RSI daily chart explains that money inflow into the total market cap. Obviously from this chart we can see that we have hit a support trend line where we should see change in sentiments. Tomorrow will be a good day to look out for in the crypto space.
BTC 3 daily chart also shows it around a support buy area.
Conclusion: I think no better time than now to start picking up cheap coins for weekend.
Remember to share, like and follow for for timely updates as this.
Another way to visualize what's coming TOTAL2I can split the bullrun into two phases, one of extreme bullishness and one of mild bullishness
Market phase 1 has already been undertaken and we are heading into market phase 2, which can be observed in the past to be the most bullish part of the run
This is a chart developed on a previous one below
BTCUSDT | D1 | Technical AnalysisIn the market decline that has been going on for 2 days, BTC received very important support. From this support level, it will most likely go up. The target of this ascent is 70,975.
If there is a drop, there will be no rally to 49.945. However, if it breaks below the 49.945 level, we can say that a possible rally will begin.