We can see crypto total cap reach $3.5T then $6T soon
If we follow the percentage drop in market dominance for Bitcoin from 2016 halving to the current 2020 halving we see Bitcoin possibly hitting a low % dominance of 25 plus. Notice that the previous all-time low in dominance for Bitcoin was around 36% of the total market cap.
Total Crypto market cap developement under Elliott Wave theory in next few months!
But first a very significant dip. I noticed a 5 wave fractal that repeats before each major pump. The January and February pumps fooled everybody to think it is the big pump, but as evident from the BTC pair it is not, it is just an overextended 4th wave of this fractal, and this why on the lower time frames the price action is choppy and not strongly...
Huge bullish divergence on the daily and RSI in a descending cone.
In a rising cone, rejected from cone resistance with heavy daily bearish divergence. Break out of the cone will lead to market cap ath. Will breakout happen now or later?
CRYPTO TOTAL MARKET CAP EXCLUDE BTC into January 2023. This of course with BTC hitting projected $250k or more. If we see a super cycle Bitcoin price of $533,000 then there would be no reason why the total Altcoin market cap can't be over $2 Trillion.
GDLC is getting hammered but this might be the bottom of the trend. I t could drop further and if it does i will buy it up -
Using spirals to forecast a top for the cryptomarket cap Two spirals are used a minor trend and a major trend (extends over a longer period of time) Both align around the 1B mark Not get shaken out! Very early stages of a bullmarket. I recommend ETH, BCH for buys.
Grayscales 'index fund of crypto" GDLC moving down to .618 target this will fall down until : 1. The end the month 2. After Jackson Hole talk 3. maybe even labor day. I am buying from$19 down to $10 if t gets that low - just not sure when this turn around exactly but it will not stay this low for long. I am a painter and these are my pictures- not investing advice
Interesting RSI going down but OBV consolidation and holding it support!!!
WBT highly rated, profitable (before covid) Small-Cap value play. With a strong breakout above 7ish... where would the resistance be? 10,12,14 ??? Pick a number? What an Odd-looking chart ..... but I will take it...
Looks alty Im rooting for the breakout of the falling wedge on TOTAL2 le go
Total bounced of the 200 daily ema, broke out of midterm descending channel,found support on the descending channel previous resistance and is above the weekly ichimoku cloud. These are all very bullish indications. However, the index is in a rising wedge formation and a daily bearish divergence has formed. A drop down of the rising wedge will bring the price back...
Hunting for a LONG on ATOMO ASX:AT1 I've been watching AT1 for a while since it came on the market and it didn't look attractive because it was so new and volatile. However, I've since noticed that it's attempting to cross the downtrend line and also break up through resistance. I must stress - important to wait to clear these levels before engaging. Yes,...
Next week TD count will print a 9.Price broke out of rising channel. Candles are being squeezed between support and the ichimoku cloud. So, in two weeks we should see a drop in Total2.
Interestingly named perpetual future contract incubated by the bitmex related Alemeda research, tracks 50 low cap altcoins (aka shitcoins). In a descending channel near channel resistance with bearish divergences and falling volume. Down it goes, don't mind the gas.