TOTAL trade ideas
Jpow's moment ''JCTFD''Banker's wars FUDing pleb since the creation of the bearer bond.
Often funding both sides of war conflicts.
DYOR on Elites banking. Macron is an example of quality grooming.
DYOR on the Balfour Letter of November 2, 1917, and the original proposed plan.
DYOR on Great Britain's broken promises.
We can't print ourselves out of this fiat standard mess and the hyperinflation coming from unsustainable global warming growth. JPow getting nervous and it shows. JCTFD viral meme is on.
Parabolic move for the Cryrto's Total MC. Many in chat were complacent and said Bitty is boring. Savvy Bulls and Web3 know better. Accumulate Bitcoin as you can. There are no supplies, only scalpers shorting here. Take advantage. Clear skies until BTC at $47K.
OMS
over extendedyikes, looking overextended and not been here on the 2D RSI since before the peak of the last bull run.
TOTAL Crypto Market Cap - A Guide For RiskThe Market Capitilization of the cryptocurrency market has rightfully exploded in the past month, adding over 1/3rd of a Trillion dollars to the value of the market.
Market Cap. exploded through our previous resistance area and has now ventured into a Low-Volume Node on the VRVP Indicator. Low-Volume Node zones are prone to high volatility and explosive movements, due to the lack of previous demand or liquidity in that zone.
We have hit our final level of resistance, the high from a previous consolidation area created during the bear market of 2022.
Noting an interesting pattern from my momentum oscillator, ICYS Bot, which is a modification of our most popular indicator Mynx. Each time it has flashed an Overbought Sell Signal, market capitilization has continued to pump, but not much. It puts in a final leg up before a significant correction.
You can see this play out in October of 2022, January of 2023, and just now in October of 2023 as well. In each previous case, Market Cap has continued to put in a final upthrust before a correction.
I would tentatively anticipate and prepare for a correction here, and if we see Market Cap hold the 1.2 Trillion level (the previous resistance we just broke through), then our next target would be 1.6 Trillion, indicated by the target on the chart.
However, a loss of that level instead would be the first confirmation of a market-wide correction moving into early next year, which would be in line with our 4-Year Cycle Thesis and Market Projection.
Recommendations: Consider trimming or closing Long Positions if Market Cap rejects from current resistance, however long-term positional or swing-trades can be left open until we receive confirmation of whether Market Cap continues upwards from it's broken resistance, or falls back into the 2023 trading range.
TOTAL - LONG TERM SCENARIO UNTIL 2025As I believe this bull run cycle has been finished and we will enter the new fresh cycle, I have analyzed the Total market cap until 2025 which I think we can reach up to 12T which is around 5x from this point (2.20) but before it happens we need to finish the bear market. Another factor that makes the 12T idea quite possible is it will hit 1.27 Fibonacci. If that happens, we would have BTC around 200k, ETH 20K, and BNB AROUND 2500 in 2025. I know it depends on BTC dominance and Others and many other factors but just wanted to give you a very rough idea.
If you like the idea, hit the like button!
Ehsan.F
TOTAL - EVENING STAR CANDLE EMERGEDAn Evening Star candle occurring at the peak of the uptrend can indicate that the bullish is losing track and the trend is about to reverse. Evening Star candle shows the exhaustion after a cycle of the uptrends price pattern. We saw this pattern in BTC in April 2021 following a very strong red candle in May 2021. We can get a solid red candle this month (Dec 2021) as the Doji candle means bulls are not able to push the price up any further and then bears will step in to take control.
Ehsan.F
Update to my "Bottom most likely in based on Total"
Here is an update to my previous prediction made back in Jan 2023. Original Idea can be found above.
After breaking above the key 1.04T level we flipped it into new support and have risen about $300b to the 1.33T level. This level is currently a very important level of resistance as it was our macro level of support (for candle bodies) back in the bull market of 2021.
Also we could see some sort of wedge of support/resistance forming (orange trendlines). If this is a valid pattern we are right near the top of it.
The other thing to note is our weekly RSI for the total cryptocurrency marketcap. Everytime we reach overbought or briefly peak above (bottom red circles) we usually see some money exit the cryptocurrency market for a cooloff period. Right now we are exactly at overbought, but could briefly peak above.
A lot of ETF decisions will be made soon which could change things, but at the current moment I would use more caution rather than being risk-on at the current moment.
CRYPTO TOTAL MARKET WAVE 3 BEGINSApplying the Elliot Wave Theory to the Total Market Cap of Cryptocurrencies we observe that we are potentially in the WAVE 3 inside WAVE 5.
If that's the case, this is a moment in the market where we will see massive gains and time to take action.
Total Market Cap Analysis: a Bullish Surge!Exciting times in the crypto realm! Total market cap broke free from its 1.200T shackles, signaling a robust bullish wave. 🚀
Breaking Barriers: A Bold Move
Breaking through the 1.200T level was a pivotal moment, transforming a former resistance into a launchpad for further gains.
The Next Horizon: Aiming for 1.500T
Eyes are now set on the 1.500T mark. This significant milestone promises both challenges and opportunities, enticing traders with the potential for substantial uptrends.
Bullish Patterns: Charting the Course
A promising Bull Flag pattern has emerged, indicating a continuing bullish trend. Smart entry strategies are vital, ensuring traders ride the wave effectively.
As we venture toward 1.500T, strategic entries are key. Stay alert, analyze trends, and seize the right moments. Welcome the opportunities, and let’s navigate these crypto waters together!
Happy trading!
$TOTAL: Total Crypto Market CapLong term trend has turned bullish in the Total Crypto Market Cap chart...
I had been waiting for this possibility since last month we had the bullish reversal in monthly scale, warning of the start of a bullish cycle in crypto once again.🎯🎯🎯
This is a great time to follow me here and on X as well as my other channels available.
As you know, I have a solid track record of capturing powerful trends in crypto as well as many other good calls in other markets. But crypto takes the crown when it comes to risk adjusted returns in the long term. Specially when considering that this chart is saying that the crypto market can expand from 1.32 Trillion to between 4.8 and 19.55 Trillion by Q1 2025 onwards.🤪
The CRYPTOCAP:TOTAL chart is a good reminder to start allocating more heavily to this market, and being ready to pounce when opportunities show up.
Best of luck!🤞🧧
Cheers,
Ivan Labrie.
Complete elliot wave analysis of TOTALHello friends
This is one the most accurate and complete elliot wave count of TOTAL index i've ever done
Good luck
Is crypto ready to explode? Reversal pattern printing!From investopedia.com:
A Dragonfly Doji is a type of candlestick pattern that can signal a potential price reversal, either to the downside or upside, depending on past price action. It forms when the asset's high, open, and close prices are the same. The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open, it shows that buyers were able to absorb the selling and push the price back up. The pattern is more significant if it occurs after a price decline, signaling a potential price rise. If it appears after a price advance, it indicates more selling is entering the market and a price decline could follow. The pattern needs to be confirmed by the candle following the Dragonfly Doji.
www.investopedia.com
Looks like this is exactly what is unfolding in the crypto Total Marketcap monthly chart.
If we print a Dragonfly Doji we can potentially see a reversal in the trendline. As you can see in the image below the Dragonfly Doji is printing:
So, what do we need to confirm the trend reversal?
First of all, we need a green candle at the end of this month and for this to happen the TOTAL MCAP needs to close around or above $1.034T. Right now it's at $1.042T.
If we have a Dragonfly Doji at the end of this month we can expect a trend reversal and a strong movement to the upside led by Ethereum then Bitcoin and other altcoins.
I am definitely bullish on #Bitcoin and #Ethereum. What about you?
Confirming the reversal I will add both to my longterm portfolio.
DYOR. This is not financial advice.
MARKETS week ahead: November 6 – 12Last week in the news
The Fed has temporarily stopped further increase of interest rates, as per Fed Chair Powell, but the market perceives that interest rates have topped. The US equities started November with a positive sentiment, as well as US Treasury bonds. Gold was testing $2K resistance during the whole week, amid geopolitical tensions. The crypto market is still under ETF hype mode, gaining during the week, but Bitcoin is still holding modestly below $35K resistance.
The major event during the previous week was the FOMC meeting, and rate decision as of November 1st. The Fed decided to hold interest rates unchanged, but at after-the-meeting testimony Fed Chair Powell noted that potential further rate increases are not excluded by FOMC members, as such decisions will depend on further developments in the US economy with respect to inflation and employment. Friday’s trading session was positively supported by the US unemployment figures. Non-farm payrolls were increased by 150K in October, lower from market expectations of 170K, while the unemployment rate rose to the level of 3.9% from 3.8% posted for the previous month. Wages were increased by 0.2% in October for the month, to 4.1% on a yearly basis. These figures represent one of the gauges for the Fed as a potential inflation indicator, in which sense, market expectations are that the inflation might further ease till the end of this year.
News that occupied the attention of the public during the previous week was the finalization of the trial of FTX founder Sam Bankman-Fried. The jury found him guilty of all seven counts, by which, he is currently facing a potential sentence of 115 years in prison.
October ended, but the US Securities and Exchange Commission did not issue any approval or disapproval of several filings for the first spot BTC ETF. The SEC`s Chair Gary Gensler commented on Thursday that the SEC has 8 to 10 filings for considerations, without any further comment on the topic. It seems that the SEC still needs more time in order to make the final decision. Until then, analysts are speculating over the potential funds to inflow into the crypto market after the approval of the first ETF. Current estimates are ranging from $ 14B up to $55B within the next three years.
As Coindesk is reporting, the SEC requested additional documentation for PayPal`s stablecoin PYUSD. As seen by the reporters, this represents the latest regulatory action amid businesses that include crypto assets. As noted, it does not necessarily mean that potential lawsuits might be in store for PayPal, considering SEC`s perception that majority of altcoins and stablecoins are securities and should be officially registered with the SEC.
Crypto market cap
October is over, but there has not been any news related to the first spot BTC ETF. The SEC remained silent, neither approving, neither disapproving several ETF fillings. The only news reported by Reuters is that SEC Chair Gensler shortly commented that the Commission is currently reviewing 8-10 ETF filings. When the final decision will be brought up is unknown at this moment. Regardless of a new postponement of the decision, the market remains optimistic about the crypto market and its further inclusion into mainstream markets. During the previous week total crypto capitalization was increased by additional $35B or 2.8% on a weekly basis. Although Bitcoin continues to dominate the crypto market cap, still, this week other altcoins contributed to the total increase of the market value. The last time the crypto market held this level of capitalization was during May last year. Daily trading volumes continue to hold at increased levels of $60B on a daily basis, without change on a weekly basis. Total crypto market capitalization increase since the beginning of this year currently stands at 68%, where it has added total $512B to the market cap.
Although Bitcoin is for one more week leader on the market when it comes to the total market cap increase, still, during the previous week there has been significant inflow of funds into major altcoins on the market. BTC increased its total capitalization by $11.8B on a weekly basis, which is an increase of 1.78%. ETH also had a solid performance with a surge of $5.3B in total market cap or 2.48% w/w. During the previous week Solana had an excellent performance, with an increase in its market cap by almost $ 4B, which represents a surge of 29.3% for this coin. XRP had another good week, by managing to increase its cap by additional $3.5B or 11.9% on a weekly basis. When it comes to excellent weekly performance, it should be mentioned ADA, which added more than $ 1B to its cap, which is an increase of 10.3%, and was followed by BNB, which added $1.2B and an increase in cap by 3.5%. Altcoins with good performance in a relative terms were NEO, with surge in cap of 15.3% w/w, Theta was up by more than 12%, same as OMG Network, Uniswap has increased its value by 13.7%, while Polkadot was up by more than 10%. It should be mentioned that only a few coins finished the week in red, like Bitcoin Cash, which was down by 3.55% w/w, Maker lost more than 9% of its value, while DOGE lost 0.7% in value.
During the previous week there has been modestly increased activity related to coins in circulation. Miota increased its circulating coins by 0.6%, followed by Filecoin, with an increase of 0.5%. Stellar`s coins were up by 0.3%, while Solana`s coins were higher by 0.2%. Tether should be mentioned, as the coin increased its value and circulating coins by 1.0% on a weekly basis. On the opposite side, few altcoins decreased the number of its circulating coins, where Polkadot`s total coins decreased by 1.1%, Polygon's drop in circulating coins was 0.7%.
Crypto futures market
Positive market sentiment is still holding with crypto investors, both on spot and futures markets. BTC futures for all maturities were traded higher by more than 2% on a weekly basis. Short term maturities were up 2.75%, with December 2023 ending the week at price of $35.305 on CBOE. Longer term maturities are still holding above the $38K price range, which is very positive for BTC, as investors are pretty confident at this moment regarding the potential for future price increase of the BTC from current levels. Futures maturing in December 2024 ended the week at level of $38.225 or 2.65% higher from the end of the previous week. At the same time, futures maturing in March 2025 ended the week at price $38.925, which supports the sentiment of further rise in the value of BTC.
ETH short term futures were traded more than 2% higher on a weekly basis. December 2024 is ending the week at a price $1.859, which is 2.64% higher from the end of the previous week. Same as with BTC, investors are also expecting further increase in value of the ETH, with December 2024 futures ending the week at price of $1.937 or 0.99% higher, while those maturing in March 2025 ended the week at $1.964. Still, what is interesting to note for the price of ETH is that it is still not able to cross the $2K psychological level.
Crypto Market Cap - BULL MARKET ABOUT TO START!The resistance at $1.3T won't hold for long now.
Once broken, this market will pump hard until around $1.6T.
This level also coincides with BTC resistance at 36k.
This would mean BTC will reach 40k or more.
Unless sellers return here soon, bias remains bullish.
Price action is bullish and so is the momentum.
Get ready!
Like and follow for more TA!
120 Days prior to halvingAs we stand just 120 days away from the upcoming Bitcoin (BTC) halving event, the cryptocurrency community is witnessing a significant and meaningful run-up in anticipation.
This halving, is a pivotal moment in the Bitcoin network's history, as it reduces the block reward by half. A deflationary event.
The previous halvings in 2012 and 2016 were catalysts for substantial price increases and marked the beginning of new bullish cycles.
As we approach this impending halving, Bitcoin's value has been steadily climbing, attracting both investors and enthusiasts eager to witness how this event will impact the market and shape the future of the world's leading cryptocurrency.
Crypto Total market cap .Daily If we want to have a simple and general view, I believe that if someone hasn't entered the market at lower prices, they shouldn't do it now, and they should wait for a price correction and market reaction to important support levels.
TOTAL Crypto Market Cap - pattern still valid🟩🟨🟥⬜️If the TOTAL cryptomarket Cap 2-weekly candle close above 1.284T I will get bullish nervous dear Crypto Nation 😎🚨
These repeating patterns of different market phases are still valid IMO🟩🟨🟥⬜️
Comments💭, Likes♥️ & Follow🔗 appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
TOTAL CRYPTO MARET CAPTOTAL is pumping!
Crypto is making a move in the right direction!
Keep it steady!
Can we see a bullish case heading into the halfling?
This is Bitcoin and Cryptos time to shine!
Good Luck Out There!
TOTAL - Resistance from 2017/2018 Top to now!!Trend line from 2017/2018 TOP to current resistance. Crazy how perfect this lines up to where we are currently at. Either break to 200SMA (5 day) or we are at a local top. 1st 4 days of November have been bullish with stock market 9/10 past years, pullback after this 5 day candle
Crypto is on the Brink of NEW BULL MARKET!🚨 Ladies and gentlemen, we're on the brink of a new bull market.
There is nothing anyone can do to stop this.
#Bitcoin has delivered once again.
Expect a breakout and re-test of the $1.3T level as support, then moon.
A rejection here is unlikely.
Enjoy the ride.
Like and follow for more ideas!
TOTAL uptrend - the beginningIt seems like a perfect spot for the TOTAL and multiple coins to start finally rising. While we have a very conservative upside target, the price might go much higher.
TotalMarketCap (TOTAL) Bullish Momentum BuildingTotalMarketCap demonstrates strong support within the demand zone, consistently breaking above downtrend trendlines. These developments suggest that TOTAL is potentially gearing up for its next upward surge. Currently, the risk-to-reward ratio appears favorable, particularly in light of today's pullback.
Total Market cap big resistanceWe have a big resistance zone on the total market cap
So far we can say that the rally was a rotation of capital from alts to bitcoin more than new money stepping in
IMO better to watch the trend and follow it than guessing whats next
Eyes on the zone in yellow
