look how the Convergence and divergence with the Price action and RSI move together...this is an example of how charts work...we have never been this oversold... big things ahead for the ALT coins.
What a crazy time to be alive. The economic systems at full stress, inflation maxing out, uncertainty, nukes, peace talks, cost of living crisis, expensive electricity and gas in a only recently COVID recovering world. First thing I point out for everyone expecting a large drop of +-50% is that we have some strong incoming support for total market cap - Longterm...
TOTAL 3 is represents the Total Marketcap of the entire Crypto Market Excluding ETH and BTC anD right now TOTAL 3 is trading in a small falling wedge that itself is within a bigger Descending Broadening Wedge. If TOTAL 3 can Break, Hook, and Go from the smaller wedge it's Target will then be at the Supply Line of the much bigger Descending Broadening Wedge; Rather...
Hi traders The market is between life and death Close Weekly Below the blue line (Big Bear Market) NFA
Total Crypto Market Cap Monthly chart can you see how this is super bullish? Look at the Ascending Bullish Trendline holding support perfectly. The DeMark9 Indicator is showing that there is a super high probability that the enitre Total Crypto MarketCap is at the bottom. The 100 Day and the Bull Market Support Band is at the exact same place on the chart....
🟢 TOTAL Market Cap Here is possibly some more confirmation that a crypto pump is due before continuing the downtrend. RSIs have bottomed on 1D and looks like it is building a base here to take off from. The target is between $1.05t - and $1.01t - this could put BTC somewhere between $21-25k. This idea invalidates if it drops below around $805b.
#CRYPTO #TOTALCAP Cryptocurrencies. Has the Loy been placed? As described in the previous scenario, the strong magnet remains at ~700 billion dollars. This is where the very important intersection of global angles is located. If the market goes there and bounces, a bullish divergence will form on the weekly RSI oscillator. At the same moment, locally we are...
Hello Traders good day, total Crypto market cap was running on down trend and the it's now near the trend line, which is likely tonhe broken. Once the line is broken the direction of the trend will change and we may expecting 1T$. DYOR
Hi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Here's a quick 4min outlook at on the crypto markets as a whole, by using the total cryptocurrency market cap (currently...
Price right now is pretty stagnant this could be indication of a bottom or a bull trap similar to one seen in prior bear market This is a max pain scenario Linking my other analysis which suggests this price action is the bottom. Its gotta be one of them right?
Hello, traders welcome you all to this BTC quick chart update. If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly. Let’s look into the chart, According to my last higher time frame update BTC is still trading in a support zone, here at...
As expected Bitcoin is slowly going down toward the support level. This is the reason we told you to use tight stop loss in all trades. Still, there is no clear direction, and global markets also facing heavy selling. Be safe and ready for a big move.
The marketcap of a cryptocurrency is obtained by multiplying the price by its number of units in circulation. Total is the marketcap of all cryptocurrencies. In the graph, the index is in a zone of extreme congestion. It is between the yellow lines, being one of support and one of resistance. There is also a wedge represented by the blue lines. Considering...
DOGE Analysis: DOGE is taking support at the uptrend line. The resistance on the daily time-frame is $0.0615-$0.063 area and the major support is $0.0495-$0.052 area. Wait for a break above the resistance area for new long positions.
BTC/USD -------------------- 4-hour time frame Over the weekend, we saw little to no volatility in price action, with sideways trading being the theme of the last two days. As we are now in a new month/quarter, we could see things hopefully move. After yesterday's weekly close price created a new weekly level which is also just below two current, which makes...
I see this potential scenario in line with the worst case I said a while ago. Not bad honestly.
There is no movement in the market in the last few days. The good thing is BTC holding above the support level, but the 200 MA shows a strong resistance so The market needs a good push to bring positive sentiment. New trades are risky and use a proper stop Loss. This analysis will be updated!!!! 10.0.2.2022 Yours truly , Trader Needs
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. TOTAL MARKET CAP ANALYSIS UPDATE:- Alts market cap bounced from the rotated rectangular support, trying to break the horizontal resistance. The last few daily...