Totalcap
TOTAL2 Disbelief..I believe we are currently in a disbelief phase, with the recent spike in volume, price has TOTAL has soared, and a possible alt season is upon us. This alt season will be quite prolonged, due to the discrepancy in support levels between TOTAL and TOTAL2. A bullflag can be observed, as these aren't the highest performing chart patterns for myself, i have included a pullback area which is still bullish above the ichimoku cloud and an optimal entry point, for desired alts.
The MARKET came to the zone of strong resistance!The market came to the zone of strong resistance, it is the center of the channel. Judging by the market sentiment, we will actively try to break through this zone. If we are not able to consolidate above 137 billion, it is worth to wait for a serious rollback of the market. Watch.
TOTAL Volume analysisTOTAL has been on a massive bull run since the release of cryptocurrencies. PVT shows huge demand for cryptocurrency. Cumulative volume index shows a steady increase of buyers flowing into the market. Overall net trend is looks extremely positive. Included a fractal that shows a possible price reversal point at the long term uptrend.
Weekly Total Market Cap (Oct 27) Cash out period really!#TOTAL $TOTAL #MARKETCAP #CAP #TOTALCAP
It is still a coincidence that the Total Market Capitalization will reach the 150B$ zone on Jan-01 2020.
But then, maybe we will see a big possibility that the market will bounce back above 300B$ in May 2020. At this time, BTC DOM is going down, which means that capitalization will flow into Altcoins.
But what we should do is to wait for the next delist to see money will flow into which Altcoins.
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