triangle is made to move up again with the support of 1.88.The first scenario is a triangle collision and pullback failure and increase.The second scenario is a collision with the triangle ceiling and a price drop to the triangle floor and a price increase.
On weekly chart we can spot a double bottom, negative divergence plus the rsi downtrend. They are not good signs of course and with this and the Bitcoin and ethereum charts, I dont see a good future for crypto market at least now. Hope im wrong, so lets see what happens next in long term charts.
The total crypto marketcap is now trying to break and hold above $2 trillion area. If total marketcap hold above this area then we see an upward movement towards $2.20 trillion resistance level. The major support remains the same. We may see some sideways movement between the major support and resistance levels.
⚡️MARKET CAP 👉 Drawing a Fibonacci retracement from the market cap's high this month to the low of this month reveals that we are in the process of forming somewhat of an inverse head and shoulders pattern. 👉 We must not ape in to any trades but wait for further confirmation that the bull run is not yet over. The entire space could see a large injection of money...
as we saw usd dollar gain power value of crypto has fallen as world goes beyond covid we must witnes money rain on crypto land
Hi, the descending trendline in H4 TF is broken and double bottom is forming in daily TF... it could be a good sign for bitcoin's price and we should be cautious with alts!
This could go either way but look how it gets squeezed and compressed between the 200MAs (red / green) on the daily chart. And they get narrower and narrower as the pressure is building up. Lets see where this goes.
Crypto Total MarketCap Chart Analysis:- Total crypto market cap still above $2T What we can expect in near future..? IMO we can hit $3T MarketCap by EOY or first Quarter '22. And that will be the perfect time to book profit in altcoins and Cryptocurrencies. Once after Reaching $3T USD we can see big Movement toward $360 Billion USD, Due to profit booking and...
We could've expected the short term drop in prices according to where we are. Holding tight and waiting for December. Let's print the right shoulder to this massive inverse H&S. Quick breather - September is normally a down month, anyways...
LUNA ready to moonshot to $50 to surpass +20Bn market cap in couple of weeks
Bitcoin can be traded quite normally for a short time and then we will see the growth of this coin tp up 1 :48000$ tp up 2 :54000$ tp up 3 :61000$ strong support zone : 39000$ #BTC #USDT
Crypto Market with BTC still has a little road to go until last ATH (red line), but TOTAL ALTS capitalization(without BTC) is touching his last ATH, so its at crucial point right now. Be careful, tomorrow BTC has a fundamental with El Salvador making it legal money, this can lead to a new 2021 Bull Run or could be the start of a correction, as BTC is touching...
The potential different and the readjustment connecting between the current resistant and breakout are reasonable. XRP/USDT is also targeting another phase of all time high. - Triggered long on the weekly and daily time frames. - Managing TP at this point is considered. - The general purpose of including TP1 and SL1 is bravely supported.
Crypto Total Market Cap has lost the 20 MA and the 55 MA. Now holding strong above the support line. If unable to hold that, we might see a retest of lower levels.
lol.just see the related ideas (50✓_47✓_49✓_48✓_50?😁)
------------------------------------------------- Total Crypto cap : LONG go to 2.5 T -------------------------------------------------
Hello Community! When looking at the Daily TF, we can see BTC/USD has been on a strong bullish trend over the past few weeks. The trend line shown has acted as accurate support throughout this climb. I believe bitcoin is on its way back to test the previous highs but it will take a few more weeks to do so. Along the way, there will be corrections and I'm assuming...
Hi, Traders Market Cap Forming Elliott wave On daily Time-frame we have many scenarios for the ABC wave, i think the blue one is the nearest one cos 1.8T resistance is very Strong. any way we need more conformation, so we will wait