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TOTAL2

Alt market wants to explode to 2.4 trillionIn order to do so however it must first break out o this cup and handle pattern it has been forming. Many alts at the moment including Ethereum and Tezos are in similar cup and handle patterns. Just waiting on price action to firmly break above the rimline o the cup and lip it to solidified support first before we can confirm the breakout. It could take it’s sweet time locating just under the rimline for multiple daily candles before I ally breaking above. It could be as early as tomorrows candle or it could be multiple weeks away still. Whales may very well be waiting until they see a bunch of people flipping their alt holdings into btc before they finally try to trigger the total2 c&h breakout. Either way, I don’t anticipate most alts currently in a c&h having their breakout until we see the total 2 chart confirm its breakout. My guess is we will see the breakout sooner rather than later as I anticipate the 1 day 50ma(in orange) will maintain solid support and help to lift price action above the rimline and keep it there.
CRYPTOCAP:TOTAL2Long
by DrDovetail
2
BTC/USD ($63k Acted Support?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin is rejected near the 70k dollar psychological level -An ugly -9% move hitting my swing trades stop-loss location -Most altcoins are affected with this move recently invalidating some bullish structures of altcoins -But looking at price structure, BTC reacted at previous local resistance at 63k dollars -This level is a confluence of EMA19 and Fib 0.5 area which is a good potential support -We have now a new strong resistance at 69k dollars and immediate support at 63k dollars -The uptrend is still intact as long as the bulls can defend this support -I took small losses on my swing trades but I have already updated my watchlist for new ideas -Guys, if you got stopped out too, don't worry the market is full of oppurtunity -You just have to look for coins that remain bullish and hold their current support levels -The good thing also is the BTC dominance level is back at value 43 again which is a good sign for Alts -So we will have another oppurtunity once BTC shows new strength or consolidate at support -Good luck and keep safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
16
BTC/USD (Test ATH Price?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMA 23 and Fib 0.236 from my last update -A strong entry by the bulls and the price is back above 66k dollars -If BTC breaks into new ATH, the Fib extension are the potential targets -But if a failure to break 67k dollars, a test of 63k dollar support is likely -The price action is bullish again and the same with the Altcoins space -Since my existing swing trades has hit their targets -I have opened new positions for potential movers in the coming days -Make sure to follow strong coins or look for Alts ready for trend reversal only -Good luck everyone, stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
25
BTC/USD (60k Dollars Acting Support?)💎Technical Analysis Summary💎 BTC/USD -Not much update today, Bitcoin is retesting its local support around 60k dollars -As long as the bulls can maintain above this region with the confluence of Fib 0.236 and EMA23 -The chances to form a bullish pattern is still in play in the coming days -Regarding the Altcoin space, I have opened new positions since my existing trades are already in profits -The Bitcoin Dominance keeps decreasing its value so we can expect another good rally for the Alts -But always be careful and follow your stop loss location -Because we will never know if BTC will move wild this weekend -Once your trade is in your favor, always lock in some profits or move stop loss at breakeven -This is always a part of your good risk management -Good luck everyone and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
9
BTC/USD (Strong Monthly Candle?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin finishes the monthly candle of October above 58k dollars -That is a strong bullish green candle and hit a new ATH price -Very interesting month of November for the crypto space -If the overall market condition turns out well this month -We could expect a good run for the Altcoins again -I'm holding new positions in profit and waiting for other trades to materialize -I will provide a new update for BTC tomorrow using the daily time frame -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
20
As we said, Altcoins are recovering and then growingTo the past analysis i told you BTC .D are making head and shoulders and go down and this happen is good for Altcoins , Now Altcoins are recovering and then grow up and we see good pump in the Altcoins . To the new chart of TOTAL2 you can see this ascending pattern too (Conversely head and shoulders means pump ) . Really in the past of BTC .D analysis i told about head and shoulders pattern in TOTAL2 and going up ,So you can see !! Have a good time :)
CRYPTOCAP:TOTAL2Education
by ABOLFAZLVAZIRI
BTC/USD (Fib 0.382 Acted Support?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the Fib .382 level and manages to hold above EMA 23 -This is a strong bullish sign in the short term price action -BTC might be also forming a bullish descending channel -If the buyers can hold above 59k dollars until next week -And we see a good breakout of this channel with decent volume -We could expect a potential upside continuation this month of November -Many Altcoins pulled back recently and I have closed some positions -To protect my capital and keep my profits intact -I can see many strong altcoins are still bullish -I expect them to continue their rally if the market condition goes well -I will re-enter new positions again once my confirmation bias is activated -As I said before, only trade those strong coins -Because those coins will definitely follow the trend of BTC -Good luck everyone and stay safe ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
14
BTC/USD ($59k Level Good Support?)💎Technical Analysis Summary💎 BTC/USD -Not much update for Bitcoin today -Currently testing the previous resistance level -We can see the price is reacting to this horizontal support -If the Buyers can sustain above this 59k dollar support -Consolidate and form a potentially bullish pattern in the daily timeframe -The chances to print another ATH price is likely to play out next month -Most of the strong Altcoins I'm holding are receiving good returns lately -If the BTC Dominance will continue to decrease its value -Expect many Altcoins will perform well too next month, so be ready -My advice is only to look for strong coins that have a bullish structure -Bullish patterns that are ready to break out in the coming days -Have a trading plan and proper stop loss location base on its structure -Good luck guys and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
by PolarHusk
14
BTC/USD (Test Previous Resistance?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin hit a new ATH recently but seems like a minor profit taking oppurtunity for others -The price is now testing the 60k physiological support level and previous resistance area -If BTC will consolidate within this support area and hold this level for a few days or weeks -Then, another potential to break into a new ATH level is expected next month -For the altcoins view, the BTC Dominance value started decreasing -Which will give the Alts a breather to recover and potentially have their time -I'm still into swing trades and will add more new positions once I see the good market condition -Good luck everyone and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
16
The Altcoin Total2 Trade: Keeping it SimpleThis is another look at what I am calling "The Total2 trade" for alts. The I believe I see a fractal in Total2 which suggest an alt season could last more than a year. Blow By blow The light orange boxes show a multi-year consolidation on the altcoin market cap That consolidation lead to an initial break out into the blue boxes. In 2016 we consolidated for months between the 1.414 and 1.618 levels of the alt coin bear market retracement Currently Total2 is consolidating with the 1.414 acting as resistance with an apparent cup and handle continuation pattern. As of this writing we are less than 1% away from Total2's all time high with a massive bullish continuation pattern. If we have another couple of days similar to recent price action the cup and handle will perform with a target that sees the market cap go up some 70%, perhaps by the end of the year. My Conclusions Based on the previous price action of Total2 I do not see this move stopping at the cup and handle target. Rather I suspect coins will have vicious corrections when each of the ".618" fib levels are reached on Total2. As this is a trade based on Total2 I don't really know what Bitcoin will be doing at this time. Bitcoin has chopped between 30 and 60k for a very long time at this point, almost 300 days. If BTC does the same after impulsing for a couple of months we could easily see a 3-4 month impulse on bitcoin while it reaches highs at or above $100k and then another 300 days as it tops and decides if it will create a bull or bear trap. Whether BTC resolves itself bearish or bullish in 9-12 months gives the alts time to go on a tear. I am not a financial advisor but I will tell you what I am doing... I am taking coins that look bullish against btc and eth and looking to long those to target. What target? Well for my LTC trade I will be looking to close my margined longs where the fib levels showed relevance on the way down. In order to get a cleaner chart I have to look up LTCUSD/ETHUSD. Misc Musings As a neat thing to consider is the market cap of Gold or the SPX or some other major bench mark. In very short time the altcoin market could have more liquidity than the gold market. And a bit after that is the total market cap of the S&P500. Its almost crazy to consider. Another thing to think about is the almost 70T in wealth US baby boomers are estimated to put in the hands of their inheritors in the next 10 years or so. That wealth has to go somewhere. Also, it technology is suppose to revolutionize everything by being faster and cheaper than those savings have to go somewhere as well. I am kinda excited to see which crazy target we reach over the next year. www.goldeneaglecoin.com ycharts.com www.forbes.com
CRYPTOCAP:TOTAL2Long
by This_Guhy
4