Merry Christmas!- May the true spirit of Christmas shine in your heart and light your path. - Stay humble stack sats and see you at 10T Cap! Respectfully yours. Longby thecryer101031
Total Crypto Market Cap BounceCurrently we have a break to the downside in the long term upward trending wedge on the total crypto market cap. As everyone knows, Over the past year we have had a downward trending wedge during the bear market. I believe we will have a bounce at the current level as we find some support. We will then have massive resistance at 1.2T as we attempt to break above the downward trending wedge and get back into the long term upward trending wedge. by cmthomas3281
MARKETCAP CRYPTO TREND TA 1DTrend analysis for the next month, based on few indicators in 1Dtime frame. Updated idea from last analysis.by Auronex1
Crypto Total Market cap Correlation to BTC/USDT Spot Binance.For me $14000 Discount Market Starts till all the way $3000. Plus it's forming a Walls Street Cheat Sheet Pattern.Longby mharoonbut1
BTC calm before the storm, be prepared!! Total Market CapHi dear community and my loyal followers. In short I would like to update crypto market from macro perspective. I'm looking at monthly timeframe and would like to bring your attention to some bullish facts. As you see Total market Cap tested previous ATH in June 2022, the point which I called and till now I haven't changed my mind. Even the recent dump couldn't make me change my idea coz as you see it is double bottom. At the same time TOTAL Market Cap tested 0.786 fib level with 12D MACD bullish cross in a bear market which marks Bull market start and the Bear market end. BTW it has never given false signal in the whole BTC history. As you noticed every time when MACD crosses bullish the bottom was already in which proves my previous analyses about BTC bottom which I called 17.5K in June, the recent dump was a fake breakdown/ bear trap/ with Double bottom + multiple indicator bullish divergences like 2021 69K which was a fake breakout / bull trap/ with double top+ multiple indicator bearish divergences. At the moment I'm waiting BTC daily candle close above 21.3-21.5K with confirmation then daily candle close above 24.5-25K with confirmation to announce officially Bull market start. BTC will surprise 99% people who are waiting lower prices like 12-10-8K and doesn't give chance to buy at such low prices jumping suddenly in a crazy way. If you like my ideas don't forget to like, comment and follow my ideas. I will appreciate any single follow. Thanks in advance. Longby ergal91227
Total (Crypto Market Cap)Hi folks ! if we break 1.52 level of support most likely we are going down to 1.2T support , which makes the BTC level below 30k Atleast.by DECRYPTERSUpdated 331
Technical analysis of major crypto currencies, December 19 -25Last week in the news The pivotal point for financial markets during the previous week were moves from central bankers to fight inflation, where fears of forthcoming recession were shaping week-end investors' confidence. Both EU and US markets were closed in red. The crypto market also ended the week with negative sentiment. Bitcoin is ending the week modestly above $16K, and Ether above $1.1K. Previous week was under the impact of both release of the US inflation data, and December`s FOMC meeting. Positive news for financial markets came on Tuesday, when official data showed a slowdown in US inflation data, with yearly inflation rate of 7.1% in November, down from 7.7% posted previously. This was a certain sign for financial markets that the FED will slow down its further interest rate increases. Wednesday was a FOMC day when members increased further rates by 50bps, however, in a statement after the meeting, FED Chair Powell said a few things which were not welcomed by investors. Most important news is that the US economy is certainly entering into recession, which might last through the year 2023. First half of the week was marked with investor`s optimism, while week-end was in a bit pessimistic mood as FED decreased market expectations on “soft landing” of the economy. During the same week the European, Swiss and UK central banks also increased their reference interest rates. Even after a month of the FTX scandal, the dust over contingencies is still not settling. Previous week, the crypto exchanger Binance was in the news spotlight as one of the first investors in the fallen exchanger FTX. FTX bankruptcy proceedings showed that last year Binance sold its equity possessions in FTX, receiving about $2.1 billion. In an interview with CNBC, the CEO of Binance, Zhao Changpeng, tried to calm down the public, noting that the company's financials are in order, and that there are no more ties with FTX. Negative news triggered clients funds outflows, increasing daily withdrawals to $1.14 billion on Tuesday. At the same time, a spokesperson from Binance said that the company managed to go through a stressful time because they keep clients' funds in custody. The annual report of the Treasury`s Financial Stability Oversight Council has been approved on Friday. Major points from this report are related to conclusion that latest fall of the FTX did not had any significant impact on US financial system. Another major topic was the Council's call for the US Congress to pass a bill by which it will be allowed to US official agencies to set the rules and dive deeper into the whole crypto industry, including the supervision of activities related to the cryptos. At the same time, they acknowledged that stablecoins represent less riskier types of cryptos. The global regulator of banking industry, the Basel Committee on Banking Supervision, (BCBS) proposed banking rules for the crypto assets, by which it would be allowed for banks to hold up to 2% of capital in the crypto assets and non-fungible tokens, but it was recommended for this figures not to be higher from 1%. The new rules will be applicable starting from January 2025. On the other hand, bankers are commenting that this exposure is too low in order to support any further innovations through distributed ledger technology. Crypto market cap Although the previous week was promising one in expectation of the positive news that the inflation is finally over and that FED's monetary measures might finally ease, news regarding forthcoming recession put investors again into negative sentiment. Namely, in a speech after the FOMC meeting, Fed Chair Powell noted FED`s expectations that the unemployment will increase in Y2023 due to recession in the US. At the beginning of the week investors were thrilled on the possibility that the agony called inflation and monetary tightening might finally end, the recession news pushed the investors’ confidence again into the red zone. In addition to negative macroeconomic news, the crypto market continues to be under the influence of potential FTX contingencies. The crypto market also finished the week in red, decreasing its total capitalization by additional $50B, or by 6% on a weekly basis, led by ETH and BNB. Daily trading volumes remained at lower levels, moving above $70B on a daily basis. Investors continue to be on hold. Total funds outflow from the beginning of this year dropped further to the level of $1.490B, which is a decrease of 65% on a yearly basis. Although the previous week started in a positive manner, still week –end brought some negative sentiment on the crypto market, decreasing total market cap by 6%. This drop was led by major altcoins, ETH, DOGE and BNB, while BTC managed to remain flat compared to the week before. ETH had another significant drop in market cap by 7% where the coin lost even $11B in value. ETH was followed by BNB, which decreased total capitalization by more than $8B or 18%, after negative news regarding Binance potential exposure toward FTX exchange. DOGE was another major altcoin with a pretty negative weekly performance of minus $2.5B in market cap, or a drop of almost 20% in value. All other altcoins finished the week in red, where the most significant drop in relative terms had Filecoin, with a drop of 30% in value, IOTA was traded down by 19%, ADA also had a drop of 15%. Regardless of a drop in value, Filecoin continued its year’s rally in total coins in circulation, adding more than 2% during the previous week. Crypto futures market It was a pretty bumpy week on the crypto futures market, but regardless of small drop in both BTC and ETH short term futures prices, the futures curve managed to change its slope after several months in its inversion. It points to market expectations on the probability that the crypto market has reached its bottom line and that future periods might bring some moves in a positive direction. Although it is still early to confirm such a statement, considering that there is still quite a small price difference between different futures maturities, it could be perceived as at least some positive market feedback regarding current expectations. In line with the spot market developments, BTC short term futures were traded by more than 2% lower from the week before. ETH short term futures had a higher drop of some 5% on a weekly basis, with the price falling below $1.2K. On the other side, both BTC and ETH longer term futures were traded higher by more than 1% , where BTC futures for the end of year 2023 were still holding above $17K, while ETH futures for the same period traded above $1.2K. by XBTFX2
Total Market Cap Total market cap was again rejected from the solid horizontal resistance, and now trading above the horizontal support. A bounce is expected from the current support. We could expect a sideways movement between the marked support and resistance zone until a solid breakout or breakdown happens. by smsp20213
How To Use Volume Profile Tool For Massive Gains! 99% ReturnsDisclaimer: Not Financial Advice Using The Volume Profile as a tool for my Nava Imbalance Strategy, I have made 99% ROI time and time again! 1. How I Use Volume Profile Tool (From Last Major Swing To Present) Blue Lines = Immediate Support/Resistance (Range) - Best entry ZONES, Area to WAIT for BUY SETUPS - Best to wait for price to pass sup/res lines and on the way back enter or wait for a retest. Light Blue = MAGNET LINE (Shows which side the pressure is pointing to) - Price will always come back to the magnet line - IF magnet line is getting closer to one side of the range, Its early indication of direction. - Note, price WILL fakeout to the opposing side blue line before moving hard to direction of early indication to give you best possible entry! WARNING: Volume Tool CHANGES. Long term not so much but still keep in mind. 2. Magnet Line is closer to bottom of range = Bearish Pressure 3. Pressure builds up within the magnet and support zone until price breaks out to retest opposing blue line resistance first. 4. BEST POSSIBLE SHORT ENTRY Retest here usually results in a Fakeout. Look for ENTRY SETUPS 5. ENTRY SETUPS Double Top/bottom, Head & Shoulders, rsi/macd oversold/overbought, etc. 6. FOR BEST RESULTS (80% Profitable) Use Volume Profile Tool with Nava Imbalance Strategy (View @JOKESTV Tradingview) Educationby JOKESTV1
CRYPTO MARKET UPDATE Looks Like we Will Face Bearish Moves For Sometime We Can Expect Market To Bounce To Continue Its Uptrend Bounce Can Be Expected From Descending Wedges Lower Line Shortby Worldofchartsfx4
BTC + TOTAL crypto market cap breakdownHey guys, its been a while so thought id break down the charts on BTC and TOTAL + TOTAL 2 and my perspective and bias on the current price action20:00by marshyyy111
Coinmarketcap is going down .I've illustrated all ideas in Total future . Its yet going down like most cryptos. Shortby satooshi1242Updated 2
TOTAL EOY TARGETTOTAL EOY TARGET We are currently at 783 billion in Total Marketcap. Actual Crypto Bottom will be in once the market goes another 52% down to 370 billion. Let's see how it goes.Shortby ImThourUpdated 115
TOTAL = All Crypto + BTC & ETH stopped @ Resistance $TOTAL = ALL #cryptomarket STOPPED cold $TOTAL2 = NO #BTC, yes #ETH no much push $TOTAL3 = No #bitoin or #Ethereum = #altcoin WEAK #crypto #altcoins showing more weakness & $ETH is not as strong as $BTC, although none showing muchby ROYAL_OAK_INC0
Total i have hope for here in market because this price is attractive for me Longby shahabshafayyan20202