Alt coins bottom?Last bear market total2 bottomed at around 23.6 level of Fibonacci and now it is around same level of last bull phase. Could this be the bottom of bear market?
TOTAL2 trade ideas
alt coins alts aright at weekly support, if ti fails and drop lower, chances are another 30% down before it reached the weekly 200day moving average for support, already 10 red weeks bears getting exhausted buy now
#ALTS MARKET CAP ANALYSIS!!welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
#ALTS Market Cap Analysis
It is moving in a parallel channel in a bullish trend. It is currently trading above the trendline support. The RSI is in oversold territory. We will have to wait for a sustained breakout to confirm its next move.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
Thank you...
#ALTS MARKET CAP ANALYSIS!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#ALTS MARKET CAP ANALYSIS
It is moving in a symmetrical triangle in a downtrend. Currently holding above it's trendline support. MACD crossover is loosing bullish momentum. RSI is in the oversold region. We've to wait for a sustain breakout/breakdown to confirm it's next move.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
total2 over view you caN OPEN long position after the trend line breakes
and short when we lose the support line
TOTAL2 (Altcoin Market) Bearish SentimentUsing two different Fibonacci Circle plots we can see price being rejected at purple and inversely being supported as orange
Currently price is in the middle of the purple fib ring, this allows a bearish conclusion to be made
Bearish action is plotted by Bars pattern in red (just a guess of how it will undergo)
Once price reaches orange again resumption of a bull market is possible (green)
Bitcoin will recover before altcoins
long term trend line was missed !look from far
Altcoins need to capitulates..
so don't rush to buy
give a time to price
supports zones are clear in chart
Potential H&SLooking at RSI it is possible to get a little bit of upwards movement before we fall back down hard again
Alt coins entering Thrill & Euphoria Dear traders,
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
I think the alt coin acceleration is going to play out somewhat like this. Will take profits gradually in BTC.
1. Remember, buy alt coins where ALT/BTC charts are currently going sideways.
2. Use untested levels as TP's (take profit) on the ALT/BTC charts.
3. Dump the alt coin when the ALT/BTC chart is going vertical to the upside.
4. Look for alt coins that didn't left off yet and still going sideways.
5. Repeat steps 1,2,3. Until market is getting saturated.
Looks easy, but is pretty difficult.
Time focus and pay close attention lads.
WAGMI
Goodluck,
Doctor Hugo
Total (excluding Bitcoin $0) Of course just playing around here by maybe Bitcoin is the only real value asset here? Alt coins looking like a Tsunami of dotcoms
TOTAL2 1 Month AnalysisTOTAL 2 is on the support ($650B) right now. If it starts running from the support first destination is the trend resistance ($750B). If it breaks the trend next destination going to be EMA which is $950B. Then we can consider $1,2T
TOTALCRYPTOMARKETCAPhonestly im not bearish here...
think we see a recovery from this 55% drawdown
bullish c fork starting to look good...
obv never even broke bullish trendline
if that goes ill flip way more bearish
but fundamentally anyone in crypto knows the quality products built this cycle should stand the test of time and eventually institutional finance will have no choice but to start considering positions
the luna fiasco will only make them more wary and decide to do more thorough research before investing in bound to fail uponly ponzis
total cap eventual target in the long run is around 7trillion so weve got a ways to go before im going to loose total faith in this market
TOTAL2 is going 500-400It is forming a head and shoulders pattern, and could fall to the $ 450 billion market cap.
TOTAL2TOTAL2
Total 2, like Total, is on a very important support.
This index is located in a decreasing triangle and after reaching its support, it is predicted that the ceiling of the triangle will continue its trend.
#TOTAL2 #LUNA #UST #BTC
Crypto Total Market capThis analyze is about the DogeFather token.it has formed couple formation and it is ready to delete 4 zeros soon.Not Financial advice.
DogeFather token
Contract;
0x15E2BFF3AB5dcF1F7b5b854636939F3649ce3cf8
it has formed couple formations that it can delete 4 zeros and 56% of supply already burned.
Copy and paste this url to check DogeFather token chart.
Alts and btcI think it’s ok to long alts now unless it loses 700 billion support . btc should be going up as well for now
Bear market for the ALTS or there is a way out?Hi there!
You can see the Fib retracement of the previous big order flow is to the 61% level, next fig order flow is retracing to 100% so far. That's the level at 652 B. Nothing wrong unless we drop under the 100% Fib retracement.
This is very important level because if we drop under, we will probably be in a long bear market for the ALT coins. Let's hope to stay over the water and to bounce up. If we do bounce up, then we ultimately will be targeting to reach out the completion of the big ABCD pattern ending with the ellipse (1,85 T). That it would be a nice bull run for the ALTS. GL to us!
Fibonacci Circles Idea TOTAL2 Green and Red are sequenced events
While Aqua and Yellow are related only by the 3.618 Fibonacci Circle of both Bear and Bull Trend lines
Any further interpretation of these events is welcomed
$TOTAL 2 - Alt coins have bounced off this important sup levelFor those who can stomach this crypto volatility, we have seen the market cap chart of the Alt coins bounce off $600mil this morning. Notice how important this support zone was in 2021 touching it multiple times and bouncing. Also importantly, this is where the anchored vwap zones come in using the December 2018 and March 2020 lows. This is no doubt an important support zone and bulls will want to protect it at all costs to keep Alt coins alive.
Note: Used a LOG chart to show more perspective, but same levels apply on the normal chart.
Total 2 Absolute CarnageAlt Coins are in total free fall.
A massive Head & Shoulders pattern has been completed and the measured move down from the break is 49.43%.
That puts the Total 2 Cap around 483 Billion.
Short-term relief is possible, but the general direction seems clear.
#ALTS MARKET CAP UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome.
TOTAL 2 UPDATES:
total 2 is making this big descending channel pattern, currently, it looks like it is going to retest the lower support.
we can bounce from the lower support of this channel so let's see how it goes.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
I would also love to know your charts and views in the comment section.
Thank you
TOTALSHITThis is the total cryptocurrency marketcap with wrapped bitcoin and stablecoins removed.
(MIM and BUSD marketcap were not available so substituted mcap of AVAX and XLM)
