TOTAL2 trade ideas
Altcoins total market cap to 80T by end of yearA simple logarithmic regression point to a bull market coming in crypto. Altcoins total market cap to 80T by end of year.
Battle Planing: Basic charting on Total 2 Total2 has been chopping sideways for two months and has gotten a tad boring. Individual coins have done some pump and dumps but the net market cap is sideways. In short order, and by that I mean in the next 2-4 weeks Total two will be at a decision point where it will begin to resolve itself bullishly or bearishly and I hope to be prepared either way.
My main inclination is the black upward sloping trend line will continue to hold except for wicks here and there. If that is to be the case then the price action will have to beat the downward sloping resistance line it is now under. So we are at a IF THEN type situation were we can do some scenarios for both upside and downside. The chart says a lot so I won't repeat myself too much.
Bullish Resolution We see price action act out an ascending triangle. There are potential for throwbacks, under performance, and all that, but the eventual targets are the 1.618 and 2 levels on the drawn fib. And it doens't help that according to Bulkowski, triangles are some of the easiest formations to spot but actually the worst to reach target.
Bearish resolution Price falls to around the 0 fib line. If that were to happen I would see Total2 devolve into a double top type formation. In traditional markets double tops have tops around 5% off in value but for crypto I feel justified in letting that go a little higher. Source? I made it up.
If price resolves bearishly it will be long term very bad news.
TOTAL2 Cap About to POP??Since July 2019, each time the 14 close RSI crossed above the 14 day SMA on the Weekly timeframe, we have seen the TOTAL2 market cap increase by an average of 350B.
The current crossover on the above indicator is positioned well compared to past instances that this has occurred.
Thoughts?
btcusdtperpHello dear merchants
Today I will have a long-term analysis of it to better understand the current situation and where we are in the market
Everything is clear on the chart
And all 70% of the probabilities are related and all 30% of the probabilities are related.
Be successful and profitable
waiting to break 1 trillion marketcap (total2)After breaking the 1 trillion mark, the price growth phase seems to begin.
Alt seasonThis chart and btc.d and usdt.d are important.
So
Do not rush to great work and ask for value.
Imminent move in Alt-token market ** bullish divergence **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 printed bullish divergence, however held off publishing until confirmation.
On the above 1-day alt-token dominance chart:
1) The ‘incredible buy’ signal prints. Roughly translated, there’s a 90% probability dominance sees an increase in the days and weeks ahead.
2) Bullish divergence. 9 oscillators including MACD are printing regular bullish divergence.
3) Both RSI and MFI resistance print breakouts.
Is possible alt-dominance falls lower? For sure.
Is it probable? Very unlikely.
Good luck!
WW
Altseason RoadmapTether, what on earth are you planning. This cycle definitely seems to be much longer than expected
2 year prediction of total2, by Dia. big dump incoming.Seems like in a week or so we get the big answer. Market looks extremely bearish , I personally dont believe we can break the resistance
Pattern looks incredibly bearish.
We always dump before halving
the cup is drawn too big, it should not break the previous support of 462b
btc 19k bottom, maybe scam wick to 13k
expect 2020 highs of every altcoins, and some altcoins to completely be destroyed
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.
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 in this chart, Do not consider it as an
It is consolidating in a symmetrical triangle. EMA'S are acting as a resistance. MACD crossover is showing bearish momentum. RSI has entered into the oversold region. We've to wait for a sustained breakout/breakdown to confirm the next move of ALTS.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Total 2 - Altcoin Market exc BitcoinAs you can see i predict a x4 increase in the altcoin marketcap during 2022 as i also predict one more leg in the equities makret including the Dow Jones. Complete euphoria moment for cryptocurrency
SHOULD YOU HOLD ALTS OR NOT? ALT M.CAP UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALT MARKET CAP(TOTAL2) trade setup. Alt market cap looks fine as of now.
Alt market cap is moving inside a descending triangle which is a bearish pattern. Currently, the alt market cap is trading near the lower trendline of the triangle. So I'm expecting two scenarios here:-
Scenario1:- According to the first scenario, we can see some bounce in altcoins, and the alt market cap can reach up to $1.04T level and reject from there. Once it breaks below the triangle then the next support it at $800B
Scenario2:- If we did not get a bounce from the lower trendline and if it breaks below the triangle then it will dump.
Conclusion:- If you are holding any Alts on spot then I recommend you to exit after a bounce in alt market cap till $1.04T level or if it breaks below the triangle from here then exit immediately.
INVALIDATION LEVEL:- If the alt market cap breaks above the triangle then this chart becomes invalid.
What do you think about this?
Should we hold our altcoin bags or not?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
TOTAL2Hello everyone, if you like the idea, do not forget to support with a like and follow.
ALT COIN TOTAL MARKET CAP GOING TO $2T.
-ELLIOT WAVE 5TH WAVE IN BULLISH CHANNEL.
-DOUBLE BOTTOM OCCURED.
STILL BULLISH PATTERN.
TOTAL2Not financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Test the red line and come down.Altcoin seems to be able to buy cheaper later even if it is sold now.
Clear continuation of down trendAs shown few days ago on USDT.D chart we were right at the trend line and clearly seen today already moved back up. That is reflected in alts following same patter and returning to down trend off its own trend line. Do not let Youtube fool you, altseason isn't coming, BTC isn't decoupling from equities. We are and were in bear market for a good while now, always best to be unbiased and take the data that is in front of us. There is nothing in global economic setup that can be seen as positive right now, nor changing in the immediate future and markets are quite jittery overreacting to any little piece of news regarding US int rates or Russia/Ukraine conflict. Even with short bursts to the upside the general direction remains bearish.
Lower lows to be expected on all crypto charts.
TOTAL M.CAP ANALYSIS! MUST BOUNCE FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total M.cap update. The total market cap looks good here and should bounce from here. Currently, Total M.cap is trading at around $1.05T
The total market cap breaks out from the 64days old trendline (purple line) and currently, it is retesting. After this retest, I'm expecting a good bounce in the whole market.
Also, at this level 100ma support is strong support so it must hold at this level and should bounce from here.
Invalidation level:- If any candle closes below $950B then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
#TOTAL2 broke the static resistance of 1T.#TOTAL2 broke the static resistance of 1T.
Static #TOTAL2 support is in the 1T range.
Breaking the EMA 200 resistance is important.
Supporting the uptrend line is important.
TOTAL2The fundamental narrative has never been stronger, with increasingly chaotic conditions globally, tensions from pandemic residue supplychain, global monetary policy issues driven by the unattended climate change issue which by all scientific evidence is going to accellerate in intensity and frequency.
Humans are going to have to rely on cloud computing and networks more and more; smaller nations/economies going to be more greatly effected by these disasters just given scale of landmass/ less ability to economically absorb natural disasters.
Also war is back on the public stage, Ukraine was taking crypto donations before they were able to organise a mechanism to donate fiat
Ukrainians who evacuated early but whos bank cards/credit cards dont work anymore, the russian rouble down a massive amount in a tiny space of time
Climate events will also unfortunately drive tregion tensions resulting in more neighbouring country clashes over reasources, these events again impact a countries ability to manage their own fiatcurrency.
All very good reasons to want to have some of your net worth in a decenteralized monetary system which as yet has proven resillient from goverment intervention beyond blocking civillian accsess locally (vpn can fix this quite easilly I believe.)
Beyond all that innovation in crypto is also at an alltimehigh, with better ideas, more robustly structured projects coming out after years of trial and error.
Pretty sure total2 is going to continue on this logscale trend for a while tbh.
ALTS MARKET CAP ANALYSIS Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart total market cap makes this descending channel pattern and Breakout the upper residence but for confirmation, we need to close the daily candle upside to the upper resistance of the channel.
so let's wait and see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
total analysisWHAT IS A DOUBLE BOTTOM?
The double bottom pattern entails two low points forming near a similar horizontal price level and signifies a potential bullish reversal signal. A measured strengthening in price will occur between the two low points showing some support at the price lows.
The double bottom chart pattern is found at the end of a downtrend and resembles the letter "W"(see chart below). Price falls to a new low and then rallies slightly higher before returning to the new low. Unable to push price to a new lower low to continue the downtrend, sellers give up and price bounces sharply from this area.The bullish confirmation is specified by a break in the key price level situated at the high point between the ‘bottoms’ resistance level (neckline).
