Total has faced a heavy fall and will fall in the near future. Everything is clear in the picture. It has formed two negative patterns, both of which are very strong patterns
The Total market cap is moving in a symmetrical triangle. Volume is very low in the market. MACD is in the neutral zone. The Ichimoku cloud is acting as resistance. We've to keep an eye on a solid breakout or breakdown of the triangle for short-term direction confirmation.
💎The overall health of the cryptocurrency market can be gauged by examining the #TOTAL Market Cap, making it an essential chart for traders and investors. Delving into the #TOTAL weekly chart, the long-term perspective remains optimistic. Notably, the downtrend trendline representing the average price has been breached, accompanied by the formation of a new Higher...
The crypto market is revealing a worrisome development - not one, but two head and shoulder patterns. The larger pattern has already experienced a breakdown, which paints a bleak picture for the crypto landscape. This double whammy of patterns hints at a very bearish outlook for the crypto market. Stay cautious and keep a close watch on market developments.
I'm going to relate this post to my previous one. This idea gives actual technical price levels to watch out for. To sum up , the blue channel's current breakout implies a slow retest. It aligns with the inflation rate reading announcement on the 13th of September. Therefore: I'm bullish until the date of the reading I expect high altcoin volatility...
Ethereum (ETH) is drawing attention with a head and shoulders pattern breakdown. This resembles the broader market's trend, raising prospects of a 25-30% crypto sector decline. The head and shoulders pattern signifies a shift toward bearish movement, while its alignment with BTC and total market cap projections strengthens this anticipation. Stay alert for market...
Speculative forecast for a potential new low around mid-november with a $14,353 target. Seems like a nice enough number to trick the bulls into assuming 15.4k will hold whilst also painfully disappointing the bears who wait for 8-13k. DCA throughout the levels is the safest play. Accurate entries to nail the bottom is anybody's guess.
Watch out for a possible 25-30% dip in the crypto market . Experts are pointing to a head and shoulder pattern, often a sign of upcoming drops. This lines up with the BTC target predicted yesterday, raising worries among traders and investors. Stay tuned as the market's next moves unfold.
Title really says it all, simple support that is trying to be held. TOTAL2 has been sitting around 500 - 550B for awhile now which is a bullish sign. Patience pays. This is the 4Hr chart used to get a closer look at this support level.
Hi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out. Why am I reminding you of this? Well, because despite the recent liquidations, we are still in a CRYPTO BULL...
Cryptocurrencies have seen some aggressive turndown lately, and there are a few reasons for a drop. 1.SpaceX Selling Bitcoins: Firstly, there was news last week that SpaceX, a company known for space exploration, had sold some of their Bitcoins. Since Bitcoin is a major cryptocurrency, any large sale by a well-known names, creates uncertainty in the market a...
I'm 100 percent sure we'll go up. For the sake of fashion, I also placed a stop loss, but it is completely pointless at the moment. Notice the pink bows Good luck my friends and see you at the top I'm not swayed by your downtrend opinion
Hi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out, as well as determine key zones of support and resistance. You do this by drawing up trend lines on the chart, from a...
The USD edged slightly higher, and stocks hit new lows for the week yesterday after the release of FOMC minutes. These minutes revealed that officials expressed concerns about the pace of inflation and noted the possibility of additional rate hikes unless future data suggests otherwise. So cryptos are down as USD seem much more attractive with higher yields/lower...
We dropped down to a swing failure pattern May 12th. (a long wick down). We then sprang back up on the 15th to create a small range for the month of May. The low and high of that range used to pull the fib and find a golden pocket at 1.15 trillion . We have left that range long ago but since rejected from it twice. I wonder if we will retrace to the POC below and...
You might call it optimistic but for me it’s obvious, total crypto MC will go higher than btc in percentage due to so many good projects and bitcoin getting old ( like it did last cycle ) From the bottom to new highs it usually takes 700 to 800 days for and bitcoin bull cycle , with my math somewhere between end of 2024 to march 2025 we will see the top . First...
Market keeps going sideways after XRP vs SEC news favored the crypto market. Today i will not talk about Fundamentals though but about Technical (TA). What i like to call the 'All Time Trendline' is the biggest level in my analysis. In this case this has clearly acted as support in March this year and more recently in June this summer. At this stage this same...
I think we need to hunt buyers liquidity An go on to up