Altcoins Fly? Let's SeeTotal 2 reached a major resistant zone. breaking this zone will push the market cap to 1.70T ~ 2.00T zone
Marketcap
TOTAL updateUpdate on TOTAL after following our channel over the last couple of weeks and coming to our fib resistance point. I feel we will reject or just barely come above that fib before a retrace back to allow our 200 moving average to remain sideways and up.
As always these are only ideas and not guarantees. Please only use this as opinion and do not base your trades or finances upon this analysis. Simply looking at trends and where we may be at in terms of corrections.
Good luck
TOTAL2 Chart PatternsThis is the 4Hr chart analyzing the chart patterns present on the chart
Price is touching a strong support, price will likely test this line (solid line) and bounce upwards off it
This is for the altcoin market (TOTAl2)
Wedge structures are very common on this one
ETH MCap just hit the Moon🌕 Then Blasted Off 🚀Times like this, you just have to admire the art in chart.
If you refer your eyes to the Momentum Indicator (top right).
The downward price momentum was greater and hit the lower extreme 93 %
On the first downward price impulse from the recent swing highs.
Classic diverging indicator action at it's finest folks.
KRAKEN:ETHUSD
CRYPTOCAP:ETH
TOTAL2 end-number 200+ trillion?Given some technics from the past few cycles we can establish that the duration of the "big gain" period is extending and the actual gains (%) decreasing. It could be more accurate, but the point is the bigger picture. Hold your coins. Don't get scared. You don't have to "buy the dip" and "sell the top", IF you have the patience and calm to zoom out and focus on the bigger picture.
🔥 Total Market Cap: Cup & Handle COMPLETEAround a week ago I made an analysis on the total crypto market cap. Here I noted that we were forming a cup & handle pattern.
Recently, the total market cap has yet again reached the resistance line drawn on the chart. Furthermore, the total market cap has yet to break though said resistance.
3 days ago we had our first test, today we're testing again. To 100% confirm the break out I'm looking at a value of >$2.45T (6 Sept high).
Once the break out finally happens, we're in for some crazy bullish price action. First target placed at $3T.
Happy trading!
Total market CapIs the Double top pattern formed?
It remains to be seen whether the total market cap can cross the resistance zone
Why I think we are going up TOTAL2The recent break up above the 50MA is a bullish sign
We are in for another more rapid period of a bullrun
This is a chart for the Altcoin market
see attached
🔥 Total Market Cap Forming A Massive Cup & HandleAfter almost hitting the all time high earlier in September, we saw a strong decline in market cap during September.
With bullish sentiment returning to the market, we might soon see the completion of a massive cup and handle pattern in the total market cap of crypto.
For October, my target lies at a 3T market cap, which is a mere +36% from the current value. In case we get a major parabolic move in the coming weeks, we could even get as far as 5T in November.
Generally, I'm very bullish on crypto for the coming months. Q4 is historically a very good period for crypto, so I'm expecting this cup and handle pattern to play out in the bulls' favor.
Crypto Market Cap - Study ReviewA review of my previous study on the Total Crypto Market Cap and as this bull market enters its closing phases, I see little need to adjust the projection. However, of the three levels identified, the middle value of $7.1T is the more likely for a range of reasons, but suffice to say because it is neither too bold nor too meek.
BTC/USDBitcoin (BTC) shot to nearly $48,000 during Oct. 1 as a classic “short squeeze”
Liquidated over $270 million of crypto positions in under an hour.
What do you think for the next Pull out?
Total Crypto Market CapThe total cap is also trading between the support and resistance. So far Total marketcap is holding the major support. This is key level for the market and if $1.7 trillion support broken then we see huge sell-off. Also BTC is holding $40,000 so far. Market will turn bullish after total marketcap hold above $2 trillion.
Total Crypto Market Cap - UpdateThe total market cap break the resistance of $2 trillion resistance and now trading above it. Total marketcap need to hold above $2 trillion to remain bullish. The next resistance is $2.2 - $2.25 trillion area and major resistance is $2.5 trillion level. The first support is $2 trillion and $1.7 level.
Total Crypto MC - Max Pain IdeaFirst post here. This is just showing what could happen as a possible max pain idea for this bull run. If BTC drops down to that .618 fib and coincide with the falling wedge , I think we will have an absolute bottom there as I'd imagine MM's will be ready to pump the market and make their killing from the inflush of new retailers looking to get in onto the crypto action.
Just a theory. Not Financial advice.
BTC/USDT $BTC DUMP COMING!Bitcoin repeated its pattern.This is the first time that Bitcoin has behaved like in the past.We will have strong support in the Fibo area of 0.618, which is priced at 38,300.As Ichimoku looks, the red cumo cloud has opened The current price comes out of the green cloud.Bitcoin has also lost its Moving 200.This is also not good for bitcoin .You will have a good opportunity to buy, wait a while
USDT.D shortHere in the RSI, we are witnessing the fall of the USDT market share uptrend line. In my opinion, it is a pullback, and we are witnessing its fall and rise #bitcoin again
ETH.D bear trap almost confirmedVery lovely trap printing. Price is in a bullish triangle, and 12/26 EMA and MACD starting to curve towards an uptrend. Look at the cup and handle that began in February as well. We just need it to reenter the price channel...
ADA/USDT triangle is made to move up again with the support of 1.88.The first scenario is a triangle collision and pullback failure and increase.The second scenario is a collision with the triangle ceiling and a price drop to the triangle floor and a price increase.
Crypto market in a pickle!On weekly chart we can spot a double bottom, negative divergence plus the rsi downtrend. They are not good signs of course and with this and the Bitcoin and ethereum charts, I dont see a good future for crypto market at least now.
Hope im wrong, so lets see what happens next in long term charts.
Total Crypto Market CapThe total crypto marketcap is now trying to break and hold above $2 trillion area.
If total marketcap hold above this area then we see an upward movement towards $2.20 trillion resistance level.
The major support remains the same. We may see some sideways movement between the major support and resistance levels.
