A couple days ago, I published this idea . It's an idea taken from a setup Will Clemente published on Twitter last year as the crypto space was bottoming, more specifically, as Ethereum hit bottom. He was using total market cap of USDT + USDC divided by total crypto market cap. I've revised this to add the next two largest stable coins, DAI and BUSD, by...
There is a Bearish 5-0 visible on the Daily on the Total Market Cap Ex- BTC, ETH, LTC, and the two big USD-based Stable Coins; if it plays out, I think Total 3 will make a new low that will likely take it down to the macro 0.886. We also have some Hidden Bearish Divergence on the RSI to back it up.
I know the sentiment of late has been very bullish on crypto especially with the Blackrock ETF on the horizon. They just resubmitted their ETF application to the SEC for review today and approval of this would very likely cause a crypto boom. However, the Total Crypto Market Cap is showing signs of weakness which is causing me to reassess our current situation....
Total Market full chart 100% zoomed out Fib from low to high = Golden Pocket 618 at 1.15 Trillion. Guess where we just rejected from? hmmm....
Hi guys Hope you well. UMM , As I said before this chart can show us the roadmap of crypto market . now I expect to go the demand box and then pullback , we have same area in bitcoin and total market cap chart . use this chart for your trade. SecondChanceCrypto ⏰25/JUNE/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the...
Hi Guys Hope you well. As it was said, the downtrend channel was broken and made a significant growth. Now I am waiting to reach the daily supply area, after which we can move towards the trend again. Just note that due to the dominance of Bitcoin, the status of other altcoins is different from Bitcoin. SecondChanceCrypto ⏰25/JUNE/23 ⛔️DYOR Always do your...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this Total Market Cap update. Looks very interesting. As you see in the chart, Total M.cap is verge on the breakout in the weekly time frame. Forming a descending triangle in the weekly time frame. If it gives a clear breakout this week, then this will be the...
How has Volume changed over the years? Crypto TOTAL Market Cap and Volume The vertical lines are key moments in TOTAL PA Starting back in 2017 and again in July 2019, Note how the volume on the Standard VOLUME indicator ( right under PA ) would seem as expected. It increased steadily Till Jan '21 and has been decreasing since, despite a New ATH in Nov '21 Below...
Let's make it simple: the total market cap is still in a big range since May 2022. The range's low was marked in December 2022. The range high has been confirmed recently in April 2023, almost a year after the whole market entered in this darvas box (May 2022). This week, the mid-range (Fib 0.5) was revisited. This level is also where the MA200D is found....
There are several factors that could contribute to the significant drop in cryptocurrency market capitalization to around $42 billion. The following events or factors could affect such a decline: Massive sell-off of cryptocurrencies: If there was a massive sell-off of cryptocurrencies by investors and traders, demand would decrease and prices would fall. This...
USDT, the so-called stable coin, is now below the Bullish Control Zone on the RSI and is showing MACD Hidden Bearish Divergence on multiple Intraday Timeframes at this level after failing to take back the 55 and 89 EMAs. If this goes as any other chart normally would, I would expect it to go back down to the lows of the range, which in this case would take us down...
A Head and Shoulders in 1D Time Frame broke down, target is MA200. We should be ready to open Long positions if there is a bounce of MA200 after candle daily candle close. If you have long positions set Stop Lost, manage your risk.
Accumulation means accumulation. Short term: A) quick pump, then down, then deviation (yellow line), then trend range down, then deviation to 1st of Jan 2021, then up. B) quick dump, then up, then A) Long term: A) meltup after accumulation, then down B) Up then down again after halving See chart. This is one of the scenarios I'm watching.
Drawing a trend line along the higher high that formed in prior bullrun puts forecasted MCAP at about 3T The bars pattern might be a bit off but this is a massive move regardless. BULLISH
In idea showing a large up move on the market cap chart I don't think the current market cap is appropriate at all. We are yet to see the top. The yellow line shows top points, with the last top being hit in 2017. The last bull run in my mind was a sort of quasi bull run, leading to the one we are about to see.
as you see the chart total breaked the trendline and after the pullback i think it is possible to touch 530B and 430B! so market is risky and we must fallow btc to see it break 25k-24k or not! CRYPTOCAP:TOTAL
The Parallel Channel is Broken To the downside now,Next Stop 0.5 Fib Level witch is a key level in my opinion and it will be held for next leg up that can be a short lived leg or a Big Bull Run Leg.
Here I am again testing the ALPHA and ALPHA NOVA indicator, we will see what it will bring, we have something to test there, the reasons to go up are here, so we will see. For me, overall, either there will be another phase and the whole market will go up or it will go according to the summer scenario and we will look at very ugly numbers.