TOTAL trade ideas
If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?If total market can be same like 2021 but Is it possible?
Total market cap follows 2016-2017 parabolic run!The market, which led parabolic waves despite being rejected in 2016-2017, is based on stronger foundations with the increase in corporate interest in 2020-2024 and the state-based adoption process that started in 2020.
We will witness the highest levels in history!
CRYPTO Market Cap Hits $3 trillion! Double Top!The Crypto market cap is breaking $3 trillion but it is also double topping.
Even though we may get a pullback here, I would not panic sell out. I would instead add to my BTC long position as I think it will be short-lived.
I did not post my long trade here on TV as it was only for my subscribers.
To be updated as needed.
TOTAL - Will We See Another Bearish Wave?TOTAL
Its worth noting here that the market bounce has arrived to the retracement Golden Window.
It may well be fine and continue to drift or move up.
But if we were to see some significant bearish whipsaw here then that may be a signal that a third wave down may print to complete a 3 wave correction.
I'm not saying this will happen but if we see that whipsaw then this perspective is on the table.
If this did happen then there would be further altcoin dump action 👀.
Note that this is not a short call but a warning for now...
There is a TradingView glitch on hour based charts, but on day based and above the 1.618 has been hit.
Not advice
TOTAL - The Holy GrailBitcoin corrects and altcoins dump at Phi related ratio bands on the TOTAL chart.
Three of these correction have occurred so far this market cycle.
Understanding where they are and how to plot them is perhaps the Holy Grail of this line of work.
Enormous profit to be made in anticipating them.
Pain for those that are unaware.
Not advice
TOTAL Update - Dec 10 2024Sometimes a tool as simple as parallel channel can help us identify important support/resistance zones.
Looking at the chart, it's obvious that TOTAL reached 3.6T zone. Not only is this zone the area where a couple of fibs exist, but also it is indeed the upper boundary of the long term ascending channel.
Higher possibility scenario is to see a drop towards 2.5T - 2.73T zone before continuing the rally towards higher level. In order to keep its bullish integrity, TOTAL must not drop below 2.28T level.
TotalCrypto Market Pullback: What's Next for the Bull Run?Hello, crypto enthusiasts!
How are you today? I hope you're doing well and not letting this price action ruin your day. Times like these can be tough if you're unprepared or trading with emotions instead of following a proper plan or system.
This chart represents the **Total Market Cap** of cryptocurrencies, and as we can clearly see, it's heading down. Today marks the second consecutive day of downside price action, accompanied by increased volume.
Yesterday was the ideal exit point for the long trade that started after the U.S. elections. The signal was simple: **price pierced the PSAR**, indicating that the trade should be closed. While this index doesn’t represent an actual tradable position, it reflects the system's logic. Since this index aggregates the price action of all crypto assets, its decline suggests that most crypto assets are also experiencing downside pressure. While exceptions exist, this is the general trend.
Technical Analysis with Oscillators
- **RSI**: The Relative Strength Index has dropped from overbought levels (above 70) and is now at **~52**, signaling weakening bullish momentum. This suggests a potential continuation of the downtrend.
- **MACD**: The MACD line is trending down and crossing below the signal line, which indicates bearish momentum. This crossover often signals a further downside.
- **OBV**: The On-Balance Volume is showing a decline, confirming that selling pressure is dominating the market, supporting the bearish move.
What’s next?
- **First Target**: The 2021 top, marked by the black line, where we may see a reaction.
- **Second Target**: The **0.236 Fibonacci retracement level**, which provides another possible support area.
Of course, nothing is ever certain in trading. Tomorrow, the market could rally and ignore all current signals, but for now, the price appears to be trending downward.
A few reminders:
- In crypto, things rarely go the way we want.
- Stay prepared for every scenario and keep your portfolio ready to re-enter the market.
- Avoid letting hope and fear dictate your decisions—they won’t lead to profit.
I'll keep monitoring the markets and share my thoughts as they develop.
If you found this analysis useful, feel free to like, share, or comment below. And as always: **stay safe and keep calm!**
MARKETS week ahead: December 9 – 16Last week in the news
A positive sentiment still holds on financial markets, but a star of the previous week was BTC. The value of BTC managed to cross the $100K level for the first time in history of this coin. The US equity markets also traded in a positive sentiment for the third consecutive week, with the S & P 500 reaching a fresh new all time highest level at 6.090. The US Dollar weakened a bit during the week, while the price of gold was traded sideways. The US mixed November jobs data supported market expectations over another 25bps Fed's rate cut, in which sense, the 10Y Treasury yields were traded to the downside, ending the week at 4,17%.
The US Non-farm Payrolls and unemployment data were the main macro data posted for the week. The results were pretty mixed as defined by the majority of macro analysts. The US added 227K new jobs in November, which was modestly above the market expectation. At the same time, unemployment reached 4,2% in November, a bit higher from 4,1% posted previously. The analyst described figures as “not too hot and not too cold”. Still, it did not change the current sentiment regarding the expectation over a 25 bps Fed's rate cut. As per CME FedWatch Tool, currently there are 85% odds that the Fed will cut at their December meeting, scheduled for December 17-18th.
The news that pushed BTC to the levels above the $100K target was a nomination of Paul S. Atkins as a new leader of the US Securities and Exchange Commission. Atkins previously served in the SEC, under the Bush administration, and is known as a supporter of free-market principles. He is also known as a supporter of Chamber of Digital Commerce, which supports bringing up the clear regulation in the US regarding the crypto currencies.
In a recent interview with CNBC, a CEO of MicroStrategy, Michael Saylor, noted that the company wants to take Treasury function for BTC holders. As the company already is providing bonds, convertible bonds, notes, options, backed with crypto assets, they indeed might take a higher role in the further development of the BTC market in the US. At the same time, at his X account, Michael Saylor posted that the company bought another 15.400 BTC at the price of $95.976, bringing it to total holdings of 402.100BTC.
The European Central Bank issued a second progress report on the digital Euro preparation phase. The report notes an update of the single rulebook with comments from consumers and business and also calls for applications to select potential external providers of the service.
Crypto market cap
The previous week was a significant one for the crypto market. The long awaited $100K target for BTC has been reached. Actually the new all time highest level for BTC currently stands at $103.813. The news that hit the market and also the crypto market to the upside was the announcement of the nomination of Paul S. Atkins as the new SEC Chair under the Trump administration. Atkins is known in the business circles as a person who supports a clear regulation of the crypto market, in which sense, the crypto investors are expecting some positive developments under his presidency. Total crypto market capitalization was increased by additional $ 230B, or 7% on a weekly basis. Daily trading volumes were again increased to the level of around $405B on a daily basis, from $320B traded a week before. Total crypto market capitalization increase from the end of the previous year currently stands at $1.942B, which represents a 119% surge from the beginning of this year.
The majority of coins ended the week in green. Although BTC was certainly a star of the week, still, the altcoins were for one more time in the center of investors attention. Despite the new ATH, BTC ended the week by 2,8% higher from the week before, adding $55B to its market cap. ETH was another star of the week, as the coins managed to touch the $ 4K level, bringing its market cap higher by 7,3%, adding $ 33B to it. XRP continues to shine for the third week in a row. This week, XRP managed to add an additional 30% to its cap, increasing it by $33B. BNB had an excellent week, where its market cap increased by more than 14% or almost $14B. This week, Tron should be mentioned as the coin surged by 54% w/w, adding to its market cap $9,7B. Extraordinary week on the crypto market, where the majority of other altcoins managed to add somewhere between 15% and 30% in value.
Developments with circulating coins continue. This week Polygon should be especially mentioned, as it decreased the number of its coins in circulation by 12% w/w. On the opposite side were the majority of other altcoins. Tether had another good week, where the number of coins increased by additional 2,8%, increasing its market cap by this percentage. Filecoin had a surge of coins in circulation by 0,5%, while Maker had an increase of 0,4%.
Crypto futures market
Same as the spot market, the crypto futures market was quite happy with the nomination of Paul S. Atkins as a new SEC Chair. BTC short term futures were traded higher by 3%, while the longer term ones by more than 4%. Current structure of futures prices looks pretty positive, with December 2024 last traded at $101.580, and above the $100K target. December 2025 closed the week at the level of $111.715.
ETH futures had a stronger weekly push in the value of futures, which were traded by more than 12% higher from the week before. Futures maturing in December this year closed the week at the level of $4.068, the first time after many weeks, the price was closed above the $ 4K target. This level holds for other maturities, so December 2025 was last traded at $4.388.
Crypto Market Cap Analysis: Preparing for a Healthy Pullback
Looking at the 3-Day Chart, the crypto market cap appears overbought and is approaching a potential peak. While the bullish structure remains intact across higher timeframes, such as the 10-Week Chart, it’s important to note that a pullback in the market would be a natural and healthy occurrence within a bullish cycle.
A pullback allows the market to “breathe” and build the necessary momentum for the next leg up. This is particularly crucial when observing the higher timeframes, where a single leg of bullish momentum (one candle) often requires a follow-up or consolidation phase to sustain the cycle.
Key Points:
• Current Observation: Overbought conditions on the 3D chart.
• Bullish Outlook: Higher timeframes like the 10-Week remain strong, showing structural integrity.
• Healthy Pullback: If the market pulls back, it will likely affect one side of the candle, signaling a natural rebalancing rather than a bearish reversal.
• Cycle Continuation: A second leg or candle is needed to solidify the bullish trend and maintain upward momentum.
Pullbacks are not the end of the world—they are opportunities for the market to reset and for savvy investors to evaluate the structure and potential next targets. Stay patient, stay informed, and watch the market breathe before its next move.
TOTAL: Parallel Channel Pattern Suggests Potential Support TestLONG-TERM BULLISH | SHORT-TERM CORRECTION EXPECTED
## Key Technical Points
• Price is currently trading within a well-defined parallel channel (marked by white trend lines)
• Multiple touchpoints validate both upper and lower channel boundaries
• Current structure suggests an imminent retest of lower channel support
## Technical Analysis
The Total Crypto Market Cap has been respecting a clear parallel channel formation, with multiple validation points on both the upper and lower boundaries. The structure shows consistent price behavior within these boundaries, making this a reliable pattern for technical analysis.
### Current Market Position
- Trading near upper channel resistance
- Showing signs of potential retracement
- Previous support level at ~3.44T aligns with lower channel
### Expected Movement
→ Likely retracement to test lower channel support
→ Target zone: ~3.44T (marked in the chart)
→ This would represent a healthy technical pullback in the ongoing uptrend
## Trading Implications
🎯 ENTRY ZONE: Lower channel support (~3.44T)
⚠️ INVALIDATION: Break below lower channel support
🎯 TARGETS: Bounce from support back to upper channel
## Risk Management
- Wait for confirmation of support at the lower channel
- Keep stops below channel support
- Size positions according to risk tolerance
## Additional Notes
If it occurs, this retracement should be viewed within the context of a larger uptrend. The parallel channel maintains its upward slope, suggesting the broader market structure remains bullish despite potential short-term corrections.
#Crypto #TOTAL #TechnicalAnalysis #ChannelTrading
Remember: This is a technical analysis and represents a possible scenario. Always manage your risk and never invest more than you can afford to lose.
Things are about to get CRAZY! Are you ready? - Total Market CapTake a few moments and try and follow the plots on my chart.
-If the Total Crypto Market Cap repeats 2020-2022 growth we could see a 10T market cap.
-There are nearly 300 days left in this Bull Cycle.
- I am projecting that ALT coins will 2-3X their previous cycle's all-time-high.
-Life changing money will be made over the next 9 months. ARE YOU PREPARED!?
-Have you centered yourself mentally and practiced "NO FOMO"?
IMPORTANT RULES TO PRACTICE
1. Never take too much risk on 1 trade.
2. Never FOMO into an asset.
3. DE-Risk & take profits.
4. Be patient.