We're on that highway riding the line to the high heavens or down to the depths of goblin town. Choose your own adventure!
1. Nuke the economy and Russia and everybody dies
OR
2. Bleed out the criminals that run the government with hard work and sweat and tears and powering through the tough times. Go long, baby. Go. Long.
/play; Highway to the Danger...
In a previous idea i've compared eth price with what btc did in may- aug 2017. TOTAL3 (crypto m. cap excluding btc and eth) looks even more similar than eth does. We see clear initial fall in the summer, then barely setting new highs, before turning down, heading into the lows, maybe go even lower a bit. We should expect HUGE reversal to the upside. This is...
A simple analysis that does not need a lot of talk, just pray so that the key zone is not broken down, and stability below it will mean a long period of a bearish cryptocurrency market
Fundamental Analysis:
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
Avalanche launched on mainnet, September 21, 2020. Since then, the platform...
you should look at this chart first if you are not having BTC ETH ADA and SOL basically this chart is for other coins so our coins will pump in anytime next weeks.
#TOTAL CRYPTO MARKETCAP HEAD AND SHOULDERS
In case of breaking the neckline
The probability of decline is at least up to the range of 1.7 to 1.4 billion.
DEFI TOTAL looks extremely bullish as it sits above this yellow long term trend line and post moving out of a rising wedge that will end up playing in the bullish favor
Triangles like this have been seen before and are in green
Fundamental Analysis:
The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation. At the moment, about 325,986,609.90 SOL of these have already entered the market.
The SOL token distribution is as follows:
16.23% went towards an initial seed sale,
12.92% of tokens were dedicated to a founding sale,
12.79% of...
TOTAL 2 is on the support ($650B) right now. If it starts running from the support first destination is the trend resistance ($750B). If it breaks the trend next destination going to be EMA which is $950B. Then we can consider $1,2T
🟡 USDT DOMINANCE
🕒 Daily TF
➖➖➖➖➖➖➖
USDT dominance is forming a bearish ALT AB=CD pattern, whose potential reversal zones are 1.272 and 1.618 fib extension retracement levels, from where we can see a reversal.
So, a reversal can be expected from the marked two levels, which would confirm a bullish sign for the crypto market, after the reversal because USDT...
🔴 This coin with a 60$ billion market cap is moving towards zero with a 97% correction.
🟢Experience in the crypto market has shown that when the market is willing to pour, the word price floor does not have as much meaning as it does in the rising waves of the ceiling. So do not enter the purchase until the return pattern is seen in the currency in the hope that...
$BTC Dominance is seeing break of the downtrend trendline, but has yet to make a HH to signify the break. RSI is breaking resistance, although it had not had many touches.
Typically a bearish scenario overall, but not always.
watch for BTC dominance move up
a bit and come back to the downside.
Do not freak out, this does not mean the
price will crash...it just means that some
of the money will come out of BTC and
be moved into the Alt-coin market...which
will make the Alt coins scream bullishWhen Bitcoin Dominance
gets to 39%-31% thats when
ALT coins will absolutely RIP!
dsdt dominance is near to old uptrend And in 4h timeframe we see divergence on rsi, We expect to be rejected from the 4.7 range and see a market recovery
We have some bullish signals showing up on the short-term chart for the TOTAL index.
RENKO buy signal:
3-Line-Break early bullish signal after higher low:
Candlesticks moving above EMA21 and EMA10.
These signals are not present on the higher timeframes.
Hopefully we will have a bounce before any additional bearish action.
Namaste.
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As you can see from the image, crypto market cap was rejected from the resistance and now its heading for the next support.
The support line is very closer and we can expect a bounce back for Crypto market once it bounce backs from the support.
I'm waiting for...
