Chart Idea - TOTALWaiting for this inverse head n shoulder to playout. In order for BTC to move further up and liquidate more shorts, TOTAL needs to break the neck line of this inverse head n shoulder pattern. We will see BTC going down again if it gets rejected from here. Will keep on updating here.
TOTAL trade ideas
CRYPTO TOTAL MARKET CAP - 1064 Day CycleThe crypto total marketcap has previously experienced two uptrends that lasted 1064 days.
We are in the third cycle and there are 518 days left until the completion of the 1064-day trend.
The cycle will be completed in November 2025.
We'll see if history repeats itself.
Total Crypto MarketCap at "Oversold Levels" for a while!www.tradingview.com
The RSI (Relative Strength Index) indicates the relative strength of the market's upward and downward movements, especially when it is below 30, indicating 'oversold levels'.
The RSI for total crypto market cap recently entered oversold territory for the first time in 10 months, and historical patterns suggest that this may be a "buy-the-dip opportunity.
Elliot Wave 3-4 : FINAL Correction before NEW ATHI've been watching this bearish M-Pattern for some time, and I still believe this is a multi-month playout towards a new ATH:
This lines up with my initial correction target using Elliot Wave Theory:
We see a very clear Double Top play out in the Total Chart, also indicating that it's time for a correction:
HOWEVER - I expect the bulls to be ready and sweep in lower prices when the right support zone is reach (whale zone), which seems likely to be in the 40k zone. It won't be a straight line down - again, a multi-month playout is likely.
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CRYPTOCAP:TOTAL BINANCE:BTCUSDT
WHAT IF WE ARE IN A BIG CRYPTO DOWNTREND? If you want to be top 10% do the opposite of 90% .
I'm constantly asking myself what majority of investors think and do at the moment.
Are they buying? Or maybe selling?
Last couple of months I would say that majority of investors were placing buy positions.
Why?
-Some of them had mindset of "halving is just around the corner, I will invest x amount of money and in one year I will make x amont of money"
-Institutions are in the game, mainstream media hyped this up. "They probably know what are they doing, I don't want to miss the train again"
-Geopolitical tensions
-Elections
-Influencers and social media caused a lot of hype about the bull run.
Would you dare to go against all of this?
Small amount of people probably did.
Personally I'm waiting for a pullback for sure, because we are in 1,5 year uptrend without any pullbacks. We saw all time high before halving which is something new for us.
As I posted on my X account couple of weeks ago, I'm expecting extreme fear below 20 or even lower before any continuation to the upside.
Everytime 2 months before halving correction happened and fear and greed index fell below 20. This time this scenario did not occured. We had fear and greed index on 90 1 month before halving when price was at 68.430$ .
Who bought at 68.430$ (place of extreme greed = 90) is -10% in drawdown. In my opinion this does not hurt that much, we need deeper pullback in my opinion.
What could happen to push price lower?
I don't know, but I do know that in near future crash can occur. Everything is at the ATH right before elctions, while war going on between Russia and Ukraine, Israel and Palestine, China and Taiwan , Houthis attacking ships at the entry to the most important transportation sea way (suez canal) , ...
Anything can happen but most important questions is "what and when?"
This is only my point of view and some of my thoughts at the current levels.
This post is not a financial advice!
Do your own research before investing/trading.
MARKETS week ahead: June 24 – 30Last week in the news
Markets used the week after the FOMC meeting for some repositioning and profit-takings in expectation of new data which will provide a clue when the Fed will start its pivoting cycle. The S&P 500 finished the week lower, after reaching a new all time highest level, where Nvidia for one more time was in the center of market interest. The US Dollar gained in strengths, pushing the price of gold toward the level of $2.321. The US 10Y Treasury yields remained relatively calm modestly above the 4.20% level, while the crypto market was eyeing lower grounds, and BTC testing the $ 65K support line during the whole week.
China was in the center of the news during the previous week, as the both US and EU are imposing further restrictions for products made in China. The negotiations were held between EU and China officials related to tariffs that the EU will impose on China's electric vehicles, in an attempt to protect its own auto industry. On the other hand, the US issued a set of rules which would put a halt to specific investments in the products related to artificial intelligence and other technological developments in China, under the reasoning that they might impose a threat to the US national security.
Apple has announced that their three new features named Apple Intelligence, which is based on AI, iPhone Mirroring and enhancements to SharePlay screen shall not be launched in the European Union upon its official release. The company notes that “the interoperability requirements of the DMA could force us to compromise the integrity of our products in ways that risk user privacy and data security”. Although such a move from a company might disappoint consumers in the EU, and in this sense, potentially decrease the sale of Apple devices in EU countries, still, the market for Apple shares remained flat on the news.
The US banking regulators publicly disclosed the weaknesses in the resolution plans in four from eight US largest banks, including Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America. Deficiencies in plans were related to derivative portfolios and the way the banks are planning to handle any potentially negative situation. The regulators noted that plans of these companies have “material limitations”.
Standard Chartered bank announced that it will establish a trading desk where their clients will be able to trade bitcoin and ether coins. The desk will be based in London as a part of the bank`s FX trading unit. Standard Chartered will be the first bank to allow its clients to trade BTC and ETH directly from their trading platform.
Crypto market cap
Crypto market continued to slow down also during the previous week. Fed`s pivoting point is still in the center of market interests, in which sense, some repositioning is occurring, considering latest available data on the state of the US economy and potential next Fed`s moves. Currently decreased interest for BTC is evident not only on the spot market, but also in the futures and among ETF`s. As per news reports, BTC ETF`s faced some $900 millions in outflows during the previous week. As the market is searching for new equilibrium levels, the crypto market lost additional 3% in value on a weekly level, losing around $ 69B from its market cap. Daily trading volumes were again decreased to the level of $93B on a daily basis, from $120B traded a week before. Total crypto market capitalization increase from the end of the previous year, currently stands at $653B, which represents a 40% surge from the beginning of this year.
The majority of coins were on a losing track during the previous week, except only a few ones which ended the week in a positive territory. In a nominal sense, BTC lost the most of all coins, around $38B on a weekly basis, or 2.9%. ETH managed to end the week relatively flat compared to the week before. Among higher weekly losers were Binance Coin, with a drop in value of $2.8B or 3.1%, there was also Solana, which dropped its market cap by $4.9B or 7.3% w/w. In a relative terms, the highest weekly losers were coins like OMG Network, with a drop in value of 16.3%, Zcash was down by 11.4% same as NEO, Filecoin and Uniswap both lost around 15% on a weekly basis, while Algorand was down by 12.7%. The majority of other altcoins dropped up to 10% w/w. Among few gainers were EOS, who managed to increase its cap by 14.8% w/w, while Maker ended the week higher by 7%.
There has been some increased activity when coins in circulation are in question. In this sense ETH`s circulating coins increased by 1.8% on a weekly level, Tether increased its number of coins by 0.3%, same as the total value of its market cap. This week LINK had an increase of its circulating coins by 3.6%, while Filecoin, traditionally increased the number of its coins in circulation by 0.6% w/w.
Crypto futures market
Decreased activity on the crypto futures market continues. In line with the spot market BTC futures were traded lower compared to the week before, while ETH futures ended the week higher. BTC short term futures were traded lower by more than 2%. Futures maturing in December 2024, closed the week at price $67.560 or 2.5% lower from the week before, while those maturing a year later were last traded at $74.355 relatively flat on a weekly level.
ETH short term futures closed the week around 3% higher. Futures maturing in December 2023 ended the week at $3.651 or 3.3% higher w/w, while December 2025 was closed 3.7% higher at level of $3.909.
Total market capitalization decline1) Total market capitalization decline has confirmed. This is one more argument that the price action we see since December 2022 - is a bear structure;
I interpret the structure as an extended 4 wave of minor degree.
2) Bitcoin has gone under the 2009 trend line. This was never done before.
3) Due to massive 4-year SMAs support near 37-32k, a pattern might be more complex than straight ABC structure.
The first relatively safe entry point on BTC chart is 38k. My base scenario is 18500.
3) 5 ways down, i described in previous posting - is never the end of a structure, according to Elliot waves principle.
Good luck in your trading and have a massive profit!
Total market capitalization decline1) Total market capitalization declined has confirmed. This is one more argument that the price action since December 2022 is a bear structure.
2) Right now, Bitcoin price has gone under the 2009 trend line. The single relatively safe entry point to i see on BTC for speculations is 38k. Due to massive SMA support there the pattern might be more complex than straight ABC structure.
3) 5 ways down is never the end of a structure, according to Elliot waves principle.
There are no certainties in the market, only probabilities, so the bearish scenario is invalidated if BTC price fixes above 74 thousand, within 2 days.
Find more morę arguments in previous postings.
Good luck in your trading and have a massive profit!
TOTAL # 001 ( Last PUSH UPWARD before Market COLLAPSE !!! ) Hello dear traders.
Good days.
On monthly Gann Square, Total market didn’t grow more than 0.25 of Monthly Gann Box level price and it can try to test at least 0.5 Monthly Gann Box Fib level which will be 2.55 T $ .
It can grow beyond to test 0.618 @ 2.91 T $ Or even try to reach itself to 0.75 Gann Box Fib Level which will be about 3.4 T$ .
Weekly and Monthly Gann Square Can match each other to reach to the mentioned Targets and Finally proceed to Hug Bearish Correction at the end of Monthly Or Weekly Gann Square which is depended .
Chart is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments.
TOTAL MARKET CAP ANALYSISHello dear traders, we are 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 all, thank you, guys.
ALTS Market Cap
Current Situation:
The ALTS market cap is currently testing the boundaries of a descending triangle pattern.
The 100-day moving average is acting as resistance just above the triangle.
200-Day MA Bullish Momentum: The 200-day moving average suggests underlying bullish momentum.
Anticipate a bounce from the triangle's support level.
A successful breakout above the 100-day MA confirms a bullish trend.
If the retest of the triangle's boundaries fails, expect further consolidation within the pattern.
This indicates continued market indecision.
The ALTS market cap is at a crucial juncture. A bounce from the triangle's support and a breakout above the 100-day MA will confirm a bullish trend. Failure to break out suggests further consolidation and market indecision.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Think Long-TermThis is the perfect time to start focusing on the long-term.
The market is yet to complete the current cycle.
Not thinking in terms of two (2) days, two (2) weeks or two (2) months would be wise.
Time horizon for buyers and holders should be between 8/10 months, to 14-16 months.
👉 We are talking between March-May 2025 (8/10 months) and October-December 2025 (14-16 months). These are key and very important dates.
If the market is set to grow strongly in 2025, this is sure to take time.
A long-term perspective will remove much doubt, worry and anxiety.
Just think long-term.
Namaste.
CRYPTO TOTAL MARKET CAP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
Ethereum vs. Bitcoin: Diverging Paths of Long-Term HoldersThe behavior of long-term holders is a key indicator for understanding where we are in the market cycle. Here’s why : As prices rise, long-term holders start selling the assets they’ve accumulated over time. Historical data shows that this profit-taking usually begins in the early stages of a bull market and continues past the cycle peak. Monitoring this activity can help estimate market peaks with greater accuracy.
Given Bitcoin's significant influence over the rest of the market, it is often the most straightforward asset to use for measuring these cycles, as other cryptocurrencies tend to follow Bitcoin’s lead.
However, examining this data for Ethereum reveals an intriguing divergence. While long-term Bitcoin holders began selling in January, long-term Ethereum holders have continued to accumulate. This contrasts sharply with their behavior in the last cycle, where it closely mirrored that of Bitcoin holders.
The reason for this shift? Numerous yield opportunities have emerged for Ethereum, making it more profitable to hold. Currently, 27.5% of the total CRYPTOCAP:ETH supply is staked, with 16.3% of this staked ETH being restaked through protocols like Eigenlayer. This highlights the strong appetite for native yield among ETH holders.
Additionally, long-term holders may be waiting for the Ethereum ETF approval and new all-time highs before deciding to sell.
TOTAL !CRYPTOCAP:TOTAL
Total crypto market cap may rebound from support trendline of ascending triangle
Successful bounce from this trendline lead to bullish continuation , However, a breakdown could trigger a bearish trend, pushing the market towards $1.85 trillion.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Are you desperately waiting for a crisis to redistribute wealth?The financial market has always been known for its cruelty. Price movements going up and down generate fear and greed among traders. Whenever people get bored with trading ranges, the market continues to rise. The negativity surrounding the market is fueled by the media, diffusing news about war, crisis, inflation, and elections. You've been hearing since 2001 that "this is the end of the world!" Well, here we are!
The question you should be asking yourself is not whether a crisis will occur or not. The real question is, what is your strategy if a crisis does occur, and what have you prepared if nothing happens?
Instead of waiting for a crisis to redistribute wealth, it's essential to take control of your financial situation. Develop a solid investment strategy, diversify your portfolio, and make informed decisions based on your risk tolerance and long-term goals.
Big investors tend to be smart, patient and knowledgeable ;)
MARKETS week ahead: June 17 – 23Last week in the news
Another volatile week is behind financial markets, where volatility was induced by the Fed`s narrative. The Fed held interest rates unchanged, decreasing their estimate from initially three rate cuts to only one till the end of this year. The US Treasuries were the ones that reacted the most on Fed narrative ending the week around 4.20% level. The price of gold was trying to erase some losses from the week before, closing the week at the level of $2.330. The crypto market also had its breakthrough, however, to the downside, where BTC was testing the level of $ 65K as of the weekend.
The most important event during the previous week was the FOMC meeting. Although the slowdown in May inflation was acknowledged by the Fed officials, still, there is not enough data which would make them certain that the inflation would not move away from its 2% course. In this sense the rates were left unchanged at this meeting, as it was widely expected by markets. On the other hand, the most important information from this meeting is that the Fed changed its projection on the number of rate cuts during this year from initially three to only one. Market participants are now discussing when this one rate cut might occur? One of the first who came out with estimates was analysts from Citibank. They are currently estimating that the Fed, the ECB and BoE will all cut rates in September. Their forecast has been changed taking into account “resilient services sectors, persistent inflation above official targets, and ongoing geopolitical pressures''. They also anticipate that rates will be further decreased through the course of 2025.
Microsoft have announced on their blog that the company will no longer ship Recall. A Recall is a tool developed based on artificial intelligence technology whose purpose was to track user activity. The Recall will be replaced with Copilot+ PC. Microsoft made this move following the privacy and security concerns related to their product.
Artificial Intelligence was also a topic of the G-7 Group meeting held on Friday. It is interesting that this year Pope Francis was one of the participants, who spoke about positives and negatives of AI in ordinary life. For the rest of participants, China was the main topic, considering that in their joint statement it has been written that they will “ continue to take actions to protect our businesses from unfair practices”.
As Bitcoin plunged to $ 65K, Michael Saylor, CEO of MicroStrategy increased the latest unsecured convertible note offering from an initial $500 million to $700 million. Notes are coming with an offered yield of 2.25% per annum. It is estimated that the company is currently holding 214.400 BTCs, with an estimated worth of $14 billion.
In their most recent survey, the Bank for International Settlements, a global banking regulator, found that 94% of the central banks in the world are currently exploring the possibility of introducing a central bank digital currency. As per survey, the central bankers are first willing to issue a CBDC for institutions before they introduce it to retail users.
Crypto market cap
US interest rates are going to stay at current levels for some time in the future. The FOMC meeting brought some new insights into the Fed's future moves when interest rates are in question, leaving only one rate cut, from previously estimated three during the year. In this sense markets adjusted their current trading and investment strategies. Some corrections were made on traditional markets, however, the crypto market also reacted to this news, bringing the crypto market to the red zone as of the weekend. Total crypto market capitalization decreased by 5% on a weekly level, losing a total $121B from its cap. Daily trading volumes were modestly increased to the level of $120B on a daily basis from $85B traded a week before. Total crypto market capitalization increase from the end of the previous year, currently stands at $722B, which represents a 44% surge from the beginning of this year.
A decline in the value of the crypto market relates to almost all coins during the week. Only a few finished the week in green. In nominal terms, BTC lost the most as it is the largest coin on the market. BTC decreased its market cap by $65B, which is 4.7% of its value. Second place took ETH, with a drop in value of $16B or 3.6%. Binance Coin had one of the highest weekly losses since the last year, where it has been wiped out around $ 11B from its value which decreased it by 11% w/w. Solana should also be mentioned as a significant weekly loser in nominal terms as the coin lost $7.4B in value or almost 10%. Significant losers in relative terms were Theta, with a drop in value of almost 14%, OMG Network was down by 12.7%, Filecoin lost 16%. Other coins were down in a range from 2% up to 10% or higher. There are only a few coins which managed to pass the week with a gain, some of which are Uniswap, with an incredible 17% surge in value, Monero was traded higher by 2.2%.
Tether was another coin which sustained its market cap, but through an increase of its coins in circulation by 0.1%. This week Miota had an increase in the number of coins on the market of 0.6%, while Solana`s number of coins was higher by 0.2% w/w.
Crypto futures market
Crypto futures also tumbled during the week, following generally negative sentiment from the spot market. BTC futures were traded lower by more than 5% for almost all maturities. However, it should be noted that long term futures are generally holding at higher levels. In this sense, futures maturing in December 2024 ended the week at level of $69.290, while those maturing a year later were last traded at price $74.480.
ETH`s futures were traded lower by more than 8% for all maturities. However, futures maturing in December 2024 were last traded at $3.532 which is 10.3% lower from the end of the previous week. At the same time, futures maturing in December 2025 reached the price of $3.770, which is 8.8% lower from the week before.