Hello friends, welcome to my chart analysis today.
Cryptocurrency Total Marketcap is at very dangerous point because EMA (exponential moving average) 50 & 200 crossing.
The scenario I am making at the moment is we are still in bearish wedge and one more leg down is guaranteed.
I think $6000 - $6500 price will be the fair price to bounce up and continue grow for...
Once upon time.. in a far away galaxy...
Stood hope, denial, death and despair. They were well known you see..
They... were.. special.. you see.. It all started long ago.. A master deceiver schemed and plotted. They formulated a plan.. A grand scheme.
They can control. They can trick. They can make you feel.
Ah. We know this right? So choose wisely.....
If the market cap doesn't break down after touching bases with ~212 Billion i could see ~425 Billion by the end of the year.
Possibly an ALT season while BTC crashes, but that's unlikely as of now.
Watch for a break into the lower end of my Pitchfork projection.
Safe trading you guys.
Chart moving in down trend channel. We formed falling wedge - reversal pattern. And we already broke up resistance line of this wedge.
We touched support line of this channel and now we go to resistance line to biggest horizontal volume (Visible Range)
Hello traders, investors and community! There is an interesting and exciting pattern which i want discuss with you.
The cryptocurrency market is in a rise right now but what can we expect from the next months/year?!
Market's Leading Indicator is Total MarketCap Chart. It clearly shows a Breakdown below 200 Daily MA & EMA. We can still bounce back btween today & tomorrow and reclaim the Moving Averages as support. However looking at the Price Action & Support / Resistance Levels for Total MarketCap, we anticipate a further 14-15% Drop from current levels across the board for...
Here's a quick video simply about the long term trend for the cryptocurrency market. Short and simple.
This is not financial advice. Just some observations and things I'm paying attention to at the moment for an indication of direction. This is for speculative and educational purposes only.
BTC Dominance failed to break the resistance upwards and is going down forming a head and shoulders pattern. If it breaks diagonal trendline it will go down further. On the other hand, Total Crypto cap is testing the diagonal support on the weekly chart. Depending on BTC dominance action at its weekly trend line , Total crypto cap will make its move. Major...
We moving in up trend channel with support level at 200 bln
We are near the level of support that we are likely to break down. And again, the exchanges will earn on the
liquidation of large orders, which will cause a snowball. liquidation by a market order - and touch other orders are liquidated. And the panic sale will return to the market. Usually after such...
Its confirm, bull market of 2019 was a fake out, this means that it may retest the 200 week MA at arround 150 B, what does it means for ETH and BTC? BTC may go till arround 6500/7200$ and eth arround 120$/135$.... its crypto black friday in the next weeks