There are two scenarios for Total Market Cup.
Before any explanation, I believe that the floor of the ascending channel is very likely to be touched.
In the first scenario, there is a possibility of a downward movement and the bottom of the channel in the range of 1.435-1.495, and if the market supports, it can enter a short-term uptrend, in which Bitcoin can...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total market cap update. Total M.cap is moving inside a channel. Looks like soon we reached the bottom and the market will start pumping.
Also, we have seen a hidden bullish divergence in the weekly time frame. That's a really massive bullish signal. ...
Hi All,
Looking at the crypto total market cap, we see a solid support on key fib level and if one is to look at the current formation, It could be a viewed as continuation pattern. However patterns expectantly triangles can be subjective.
What we have here is the following:
1) Wave 5 completed
2) ABC macro correction wave in progress.
C could be at the 100...
Quick update on an idea that I published back on Feb 25 (see: "FOLLOW THE RAINBOW).
As you can see, price has generally been trending as we expected over the last few weeks, and we are beginning to get very close to the "lift-off zone", designated in purple.
Buckle up and hold on tight.
Fibonacci retracement applied in TOTAL
Apparently it is respecting the maximum retraction 1.0
Downtrend line continues = daily highest
Dotted downtrend line = daily close
The alt-token market has taken a beating since the beginning of the year, specifically since mid-January. From January 16th alone the alt-token market has corrected a little over 30%.
That correction was exactly at the same moment nine oscillators were printing bearish divergence on alt-token dominance chart (above). Recently the same number of oscillators...
Grayscale are distributing - www.coinglass.com
The SHORT will be invalidated if one of the situations occur:
- Crypto TOTAL breaks 2T with high volume
- BTC/USD breaks 52K
- Crypto News (Russia/Ukraine/Canada etc)
Strategy - We SHORT Blue Line in RED/SELL zone, we LONG Blue Line in GREEN/BUY zone. Currrently we are not there yet.
BTC/USDT...
Everything seems too obviously bullish to be bullish. Specially with what is going on around in the world at the moment.
This is just an idea... of trend analysis that I see using patterns and basic textbook rules.
A retest of the 1 Trillion dollar market cap will be exactly the retest of Bitcoins $19,500 ATH Breakout in Dec. 2020
So I'm expecting more bad...
Hello TradingView Family, this is Richard, as known as theSignalyst.
Today I am sharing 10 Altcoins that I find interesting as per my trading style. I have included the rejection zone and trigger.
The pictures are self-explanatory but feel free to ask me anything in the comment section.
1) MATIC - Polygon
2) BNB - ...
In this chart I take a look at the Total Market Cap of the Crypto market.
We have a critical date coming up on the 16th of March if we look at the AI. This could be a potential sell off or the start of a rally depending on if we are making a low or a high coming into that date.
As it stands a rally over the next couple of days would set up that sell off but if...
This is not a bitcoin chart. But is the most important chart to understand the overall outlook of the market. Let's get into it.
1. Total Market Cap- Gives you sentiment of the overall market.
2. WHY? 1 trillion, 1.5,T 2T, 2.5T, 3T playing a key support and resistance.
3. I was pretty sure this 1.5 to 2 range was to be tested as it needs to trap breakout...
In my previous post about Total I said that as long as it stays under 2.1T, the trend is still down.
A new drop and reversal fallowed, but, looking at the chart we can see that the last leg's up high is under the previous one giving as the idea of weakness.
Now total is hovering above support and I believe we will have a break to the downside.
My target remains...
As the New Year kicks off, let’s take a moment to remember the basics: ✅ never trade or invest blindly, 🧐 always do your research, and patience is king ⌚.
In our last update of the year, we want to share all of the new features we launched over the last 12 months! 🎉🎉 We also want to thank each and every one of you who have helped to make this platform better...
![TOTAL: [2022-03-10] Elliott Wave Theory on Crypto Total Market Cap](https://s3.tradingview.com/a/Aut2vuM4_mid.png "[2022-03-10] Elliott Wave Theory on Crypto Total Market Cap")
