Crypto Market Cap: Running WedgeLike Bitcoin formed a channel and we are on the bottom base for now
also the Market Cap is forming a Pattern, here it is a Wedge, which generally, if broken downwards, are of bearish continuation
Cryptomarketcap
Crypto Market Cap: New Bull Run?half of the target of the triangle has been reached
a close above 2.17 would confirm another bull run to the triangle final target at 2.33
perfectly inversely correlated with USDT dominance
and Bitcoin's dominance has reached the bearish Wedge target
This means that Bitcoin could also participate in the next Bull Run in addition to the Atlcoins
TOTAL MARKET CAP TO REACH $4-5 TRILLION BEFORE JAN 2023!?- As we can see a similar pattern seems to be forming with the total market cap.
- As long as we break out of the YELLOW RESISTANCE LINE we could see the market continue higher!
Crypto MarketCap & Bitcointhe market cap has reached 50% of the target of the symmetrical triangle, driven almost only by altcoins
now there may be a pause, many altcoins have reached their targets
while Bitcoin confirmed the bearish flag on the Dominance and the target is 42% -41.80%, almost reached
could there now be a reversal of dominance? will the altcoins stop and Bitcoin bounce off the Triangle and make a bullish Pullback ??
TOTAL/BTC BREAKOUT
You can see that BTC has beautifully broke up. However if we look at the total crypto market there was no breakout.
This could indicate that there is further downside or that the real test will be after BTC's breakout of the descending broadening wedge
if we look at current price action of BTC
If BTC breaks 39k it will go and test the highs of 43-46k. Breaking 46k will start a new bull run, probably to a new all time high.
However, BTC already broke down from both the triangle formation and the descending broadening wedge pattern.
Now if it gets rejected from the same trendline it will dump quick and by a lot, probably retesting the lower 30s.
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BTCUSD BTCUSDT STACKING SATS
Total Crypto Market Cap 1W Chart UpdateHello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Total Crypto Market Cap.
The chart is self-explanatory. The total crypto market cap is making an attempt to get back into the Ascending Channel. If it does not get back into the channel, it has the potential to fall down significantly. RSI is approaching the S/R Line and will need to go back above it to continue the move up. Lastly, this is a weekly chart, so please have patience.
Included in the chart: Trend line, Ascending Channel, Support and Resistance Lines, RSI .
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTO MARKET CAP: REVERSAL IS COMING?Last week ended with a Lower shadow candle.
To take on meaning it must form after a very strong down-trend, as we have.
The further attempt of a bearish extension found a return of buyers who raised the price: in this case we could identify a support level near the lows of the candle.
This pattern generates a bullish expectation also for the following week.
In these configurations the body candle color is not so important, while the formation of a very pronounced spikes is it.
note: no pattern or candle predict the future, is just an interpretation of market conditions.
CRYPTO MARKET CAP BULLISH LEVELSWe need to go up to 123 and stay there to be bullish. Also, be aware of the triangle.
TOTAL CRYPTO-CAP, Complete H-S-Formation, Precarious Now!Hello,
Welcome to this analysis about the total cryptocurrency market cap and the daily timeframe perspectives. The whole market recently heavily dumped to the downside which happened simultaneously with the stock market also dumping and after the news came around that the European Union Financial Regulatory Arm wants to completely ban Proof-of-Work mining, this had immediate dramatic effects on the market with nearly all coins heavily declining to the south. Now in this development the whole market as I detected completed the main formation with this mega dump and now there are further determinations that should be considered when looking forward. In any case, we currently should not underestimate the possibility of a bearish continuation and be prepared for it. In this manner, I detected all the important levels and upcoming developments we need to consider here.
Structural Developments:
As when looking at my chart we can watch there how the total cryptocurrency market cap has formed this massive decisive head shoulder formation with all elements of the formation already completed and recently the breakdown happened below the neckline which technically completed the whole formation. In a YouTube video, I explicated this formation, you can still watch it as it is still active. Now as the total cryptocurrency market cap dumped into the 640 Billion US-Dollar support marked in my chart in grey this is a crucial level because it will decide upon the upcoming outcomes of either a possible reversal or not. For now, the total cryptocurrency market cap has a major resistance cluster marked in my chart in red where several resistances coming together and with that being said when the total cryptocurrency market cap moves into this zone a heavy pullback will be highly likely.
Upcoming Determinations:
Taking all these factors into the consideration it will be highly conclusive on how the total cryptocurrency market cap moves after pulling back off the resistance cluster, if the market then breaks down below the 640 Billion US-Dollar support then a wave C extension will be indicated as it is seen in my chart. Otherwise when this does not happen, which is the less possible scenario is when the market stays above this main support and initially manages to stabilize within to form a reversal in this area however according to the strength of the breakdown and the high intensity with which bearishness showed up in the market the initial bearish continuation scenario has a higher possibility as the final head shoulder target zone still has not been reached yet this will happen with the wave C extension. For now, we need to be prepared for such bearish volatility continuations.
In this manner, thank you for watching the analysis, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
CRYPTO MARKET CAP: UPGRADEI forgot to mentions this:
maybe we will se a movement every cycle that bring the support a little more high?
CRYPTO MARKET CAP: SUPPORTS AND RESISTANCESIn red you see resistances, in green supports.
Just to let notice you.
Obviously many of us hope that current market cap will bounce and find a support. :)
CRYPTO MARKET CAP: WHAT GEOMETRIESI just drew parallel lines that follow the ascent and descent phase in the market, I didn't think I would find such a perfect coincidence.
What's next?
Do we continue the descent, lateralization or do we start again uphill?
CRYPTO MARKET CAP: 100X FROM HERE?If we enter in a Fomo bull market like 2017, i think a reasonable 100x from here has high probability to happen.
If market continue to grow slowly, we can reach a 10x.
In other words we can only grow, but i think exponentially will be the way which we grow.
Ath can be moved, nobody can know when this will happen.
Total Crypto Market Cap: Chart Update Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Total Crypto Market Cap.
The chart is showing a possible Head and Shoulders Pattern forming with the right shoulder currently forming. This may be invalidated if the crypto prices start to rise and increases the Total Crypto Market Cap. If the H&S pattern does complete the formation, it could potentially lead into a crypto bear market. Since this is a weekly chart, we will need to wait and watch.
In the related ideas below I discuss the recent BTC price with trend lines, EMA Ribbons and 200 SMA. Please review those as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Crypto Market Head & Shoulders Pattern Total crypto market chart shows textbook head and shoulders on weekly chart... aligned with bearish structure on #BTC.
Crypto appears to be the leading indicator for an impending overall market correction.
Similar to commodity Iron Ore spiking then correcting, another canary in the coal mine signal apparently formed.
$170-200 TRILLION MARKER CAP BY 2030 ?- As we can see since 2015 the market did roughly a 1,100,000 % INCREASE!!
- This cycle took around 3 years to top off
- 2018 the market was sitting at around $36-38 Billion it shot up by around 3,100% at its current peak of $2 Trillion
- We have a long way to go, the crypto market is still a BABY!
- We could see a 100X from here until 2030, this is your last chance get in early or get left behind, a time like this will never come again in many lifetimes!!
CRYPTO TOTAL MARKET CAP TECHNICAL ANALYSISSee the total crypto market cap, which is 2.22% higher than yesterday. This number same as April 2021. What is the next then?
The candles are moving between those 2 down trend-line. If Crypto total market cap will not go down lower than $1.925T, market cap may get approximately 12% higher than today. Risk/reward Ratio approximately 1.09. We haven't get any signal(s) from our robo advisor @EngineeringRobo yet.
We need to follow our chart closely.
"NFA"
Total Cryptomarketcap dips into support. Bullseason to continue?Please Like or Follow if you enjoyed this content.
UPDATE: Total Cryptomarketcap dips into support. So it's not man over board. Fear is at its highest. Marketcap can dip to 1.817t, and it's still ok. Either it goes sideways here or one more dip. And we are gonna see another bull run.
Gains in total marketcap are in yellow. It also predicted some heavy drops (in purple) of -59% (March 2020) and more recently 44%. RSI is now about the same level as the May bottom. One more leg down to scare people out, so the whales can pump one more time? The price is currently on the negative side of the Ichimoku. But that's not something we haven't seen before.
My 'Supertrend Ninja' indicator gave only 4 bullish signals in 2021. Making each signal very reliable. I am patiently waiting for the first bullish signal in 2022. "The Crypto market is a device to transfer money from the impatient to the patient.”
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "Heikin Ashi Trailing Stoploss Activation", the indicator(in my scripts) with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Supports and Resistances are highlighted as grey blocks. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja indicator", which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Room to GrowThe total market cap of Cryptocurrencies still has enough momentum for a more powerful upward thrust. The question is: How long will it take?
Total Crypto MarketCap is very near to breakout so What next ?#Crypto Total MarketCap Chart Update:-
Now Total Crypto MarketCap is $2.388T
And now Total MarketCap Is trading at resistance level.
If break $2.50T Resistance than we can see Big Spike in Crypto MarketCap and All market prices.
Now $2.15T is strong support.
If breaks $2.50T then Next Stop could be $3.30T
Let’s see what will happen
So Keep an eye on l Breakout Point.
Total crypto marketcap 5-7T: 10-12% of US stocks in short term?US stock marketcap is about 50T USD while crypto market cap only 2.4T USD, about 4%.
In 2017-2018, the US stock marketcap was about 25T USD while crypto marketcap only about 600B USD, about 2%.
Given increasing adoption rate, the proportion could increase to 8% this time of total US stock marketcap. Ceteris paribus, the total crypto marketcap could double easily to about 5T USD, about 8% of US stock marketcap.
If we was to repeat the last bull run, we would be at about 13-20 T USD depending on the time window, yet this would put the crypto proportion, ceteris paribuss, to about 20-40% which sounds too big in a short term.
Likely in most bullish scenario is could be that crypto marketcap is about 10-12% of total US stock market cap in a short term, this would mean 2-3x more capital flowing to cryptomarket.
Total Crypto Marketcap in the next bullrun? Last bullrun 100xThe last cycle 2014-2018 resulted from about 6B to about 600B -- 100x.
The next cycle 2018-2022 could transfer wealth from about 100-160B to what amount?
Important words to learn:
1. JOMO: joy of losing out
2. FOMO: Fear of losing out
Be patient.
Total Crytpo Market Capitalization The Cup is Beginning to FillThis is the current sentiment at this juncture in time/space. The Funny Money Fiat System is taking its toll on the econoy. Crypto will the Future for those who do not understand the current financial metrics at play. looking forward to a larger cap by PLENTY.. The Cup will be FULL
