TOTAL 3 (Total Market Cap Exclude BTC and ETH) Analysis 27/07/21
Fundamental Analysis:
Total 3 is an index of the cryptocurrencies Market capitalization without BTC and ETH, it means it is the Altcoins entire market capitalization and it can help investors and speculators who use Altcoins and Tokens for their Benefits.
this index is very useful for the Altcoin followers and Investors as it shows the inflows of the Capital to the Altcoin environment and it its movement are very good indication of the alt seasons.
this index can be used for the DEFI Growth Speculation also as it contains all of the DEFI Token and Coins.
Technical Analysis:
there exist a Regular Bullish Divergence with MACD Histogram and Price which is the sign of Retracement Completion as the Price is at the Retracement Golden zone of Fibonacci.
the said divergence can be more accurate as we can see Price is reaccumulating at the percent level which is the very good sign of trend reversal and start of a new Bullish wave hence the new cycle.
we may have some more Price Dump as well, up to the 78.6% Fibonacci Retracement zone and then start its rally in more bearish case.
there are total of 3 Targets defined for the upcoming impulsive wave with Fibonacci projection tool.
the 3 TP gets confirmed as soon as the price triggers the 2 Target
Total 3 is an index of the cryptocurrencies Market capitalization without BTC and ETH, it means it is the Altcoins entire market capitalization and it can help investors and speculators who use Altcoins and Tokens for their Benefits.
this index is very useful for the Altcoin followers and Investors as it shows the inflows of the Capital to the Altcoin environment and it its movement are very good indication of the alt seasons.
this index can be used for the DEFI Growth Speculation also as it contains all of the DEFI Token and Coins.
Technical Analysis:
there exist a Regular Bullish Divergence with MACD Histogram and Price which is the sign of Retracement Completion as the Price is at the Retracement Golden zone of Fibonacci.
the said divergence can be more accurate as we can see Price is reaccumulating at the percent level which is the very good sign of trend reversal and start of a new Bullish wave hence the new cycle.
we may have some more Price Dump as well, up to the 78.6% Fibonacci Retracement zone and then start its rally in more bearish case.
there are total of 3 Targets defined for the upcoming impulsive wave with Fibonacci projection tool.
the 3 TP gets confirmed as soon as the price triggers the 2 Target
