The 2024 cycle may be over. Market can't break resistance from last cycle. Current indecision candle suggests total market cap doesn't flip resistance into support by end of June, this crypto cycle is likely over.
Last week in the news A new week with new all time highs for S&P 500. Posted inflation figures in the US supported market optimism on Fed's rate cut in September, where the index was pushed to the higher grounds. S&P 500 reached the level of 5.325 on Thursday, still, ending the week at 5.303. The price of Gold was also supported by the expectations on the Fed's...
Last week in the news Previous week did not bring some currently significant economic news, however, the market volatility continued. Positive sentiment continues to hold for the US equity market, with S&P 500 heading toward the levels from April this year. The USD continues to modestly weaken, however, the price of gold picked up during the week, closing at...
A cup and handle is formed on total crypto market cap. The next pump will complete the pattern and leading to the skyrocket wave. Let's DIAMOND HAND, hold Bitcoin, ETH, top coins for a big return. Ignore FUD as well . Happy Invest bros!
Examining the broader crypto market, it's evident that we've hit the Wave 4 target zone on the Total Market Cap chart, reacting perfectly—a precise landing in this case. This suggests that, looking at the entire market as a unified entity, we should form new local highs and surpass Wave 3. When we look at other indicators, like the Ethereum to Bitcoin chart, we...
Waiting for this inverse head n shoulder to playout. In order for BTC to move further up and liquidate more shorts, TOTAL needs to break the neck line of this inverse head n shoulder pattern. We will see BTC going down again if it gets rejected from here. Will keep on updating here.
Imo, tough times are about to pass, and we will soon reap the rewards of our efforts. So don't be left behind. WAGMI my friends. Disclaimer: DYOR, NFA.
It' not gonna be the same but it will be the same. A pretty self explanatory chart that goes well with Dominic Toretto's punch line in Tokyo Drift: "I got nothin' but TIME" Go have some fun and enjoy everything else in your life, because this is gonna take some time.
Certainly, here's the revised version without the last paragraph: Dear Traders and Investors, I hope this message finds you well. I wanted to share some insightful observations regarding the current state of the cryptocurrency market that may be of interest to you. As we assess the market dynamics, it becomes apparent that a bearish ABCD diamond pattern is...
I believe 2.4T is a strong resistance level. If we fail to break above i think we could see a bearish summer. Which would correlate with past years. Peaks of April/May and markets don't wake up again until Thanksgiving - Christmas... What do you think?
Total #crypto including #btc #eth #sol #bnb #xrp #doge and all other #altcoins market cap is now testing the daily ichimoku cloud resistance zone. Daily stoch RSI is exhausted a bit. Declination or breakout will give great results while the direction will be determined.
Total's mother and sister are clear in the chart. Enjoy your existence!
Total marketcap must be in a 7-12T frame, knowing that corrections of 17-25% are regular in this bull run to expect, the real question is when the big crash will come from stocks and real state in the whole world, that will fall like never so ater a massive new bullrun its expected a global recession
"The current state of the crypto market cap appears to align with the Phase B of Wyckoff Accumulation. Traders should stay vigilant and prepare for potential market shifts based on this analysis." Look for Entries! Moon Phase in the background
Greetings. I have the following observation. In a lot of cases, if uptrend continues, the corner of green Kumo cloud is the point of an aggressive up bounce to continue the trend. Take a look at the area I've marked with a check mark. This is both a bounce off the trend and the corner of the cloud. Okay, now we're looking with our eyes where we have a...
Hello everyone In my suggestion, this is the most critical chart idea I have ever posted and I recommend you to save it for the future. I do not care about numbers in this chart and I just tried to show you what might happen as simple as I can (not to get understandable mark) and I recommend you to exit the market after second rise. Remember: Do not care about how...
Last week in the news As it was expected, the Fed held interest rates without change at their FOMC meeting held on 1st May. Market nervousness prior to the meeting brought back some higher volatility. The USD modestly weakened, while gold ended the week testing $2.3K level. The US Treasury yields dropped after the FOMC meeting trading session and especially...
This week we need to close above last weekly candle for bullish momentum, if not this week than next week must close above this weekly candle wick. We will updated soon