moon333
Long

Atlast the priceline entered in potential reversal zone of Shark

CRYPTOCAP:TOTAL2   Crypto Total Market Cap Exclude BTC, $ (CALCULATED BY TRADINGVIEW)
Atlast the priceline of Cryptocurrency Total Market Cap. Exclude Bitcoin is entered in potential reversal zone after completing a bullish shark pattern.
The stochastic is already in oversold.
Volume profile of complete pattern is showing very low interest of cryptocurrecy trading at this area.
Histogram of MACD was strong bearish now it turned weak bearish from 1st to 9th Aug on four day chart, So this blink is an indication of bull signal soon.
We have a golden cross formation between 50MA and 100MA and both moving averages are also the strong support for the price action.
Since after Dec 2018 this is the 1st time that the price action is hitting the bollinger bands support.
Since after Jun 2018 atlast 1st time the ichimoku cloud is turned strong bullish and lagging span is still above the priceline, now the candle sticks are hitting the spike at bullish cloud.
RSI upto 2 day chart is oversold:


We have a strong support at: 75278567254, if the price action would be reversed from here then it can form a strong double bottom formation insha Allah.

So there are more indications that the altcoin bear market will be ending soon rather than the continuation of bearish market.
I have used Fibonacci sequence to set the long position and short position area as below:

Long position area starts from: 73021550046 to 59531072880

Short position area starts from: 90010083679 to 122244430179

Regards,
Atif Akbar (moon333)





Sep 18
Trade active: Be ready altcoin holders its gearing up insha Allah
excellent job sir
+1 Reply
moon333 alishah1950
@alishah1950, thank you so much brother
Reply
@moon333, you always welcome sir
Reply
Very nice TA
+1 Reply
@keifer, thanks dear
Reply
great job thank you so much for your hard work
Reply
moon333 alishah1950
@alishah1950, ur welcome bro
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out