The MA200 is about to cross with the MA20 while the price has crossed the MA20 for the 4th time since the All Time Highs. The previous 3 times all resulted into a new Bottom. Will the MA200/ MA20 cross mark the end of those rejections and the bear market as a result?
Hello my dear subscribers!
Let's continue the series of ideas "COLLAPSE IS COMING".
Today I want you to help me analyze the crypto market, identify leaders and outsiders, and create a crypto portfolio for the coming months. Agree, betting on the leaders against outsiders, we will get a good opportunity to earn even in the bear market.
Let's analyze the top...
We can now see on the Total Marketcap's weekly chart we have managed to inch our way above the weekly 20ma's strong support. We need to of course close 2 consecutive weekly candles above this MA in order to confirm we have flipped it from strong resistance to support however and we can see the weekly stoch rsi is currently overextended and could potentially see a...
CRYPTOMARKETCAP / USD TA
This looks very interesting, doesn't it. We have a nice semi bullish pattern with possible golden cross (unconfirmed) which is currently following our parabolic curve.
Will this be the start of the next bull run?
What's our timeframe?
We have until March 27 for Parabolic Curve to either validate or invalidate.
We have until...
This is a macro perspective on the overall crypto market. Total Market Cap formed a weekly pennant. The long term bull trend line is green and the bear trend is blue. If we break down below the green trend line the bears have won for a while and we continue bleeding value. If it breaks above the blue bear trend a new bull market has begun.
We appear to be out of the channel, as a confirmation, like in 2014 I expect a retest of this channel top and support provided (green arrows) at least once.
RSI is at a critical point, in 2014 it was rejected here (red arrows) and went on down second time to make a double bottom (green arrows) marking the end of the bear market
Hello everyone and welcome to this simple yet important
Technical Analysis of total crypto market cap based on volume and price action.
What we have visualized here is strong resistance (red line) pushing us down since BITCOIN COINBASE:BTCUSD was approx. 20K USD and CRYPTOCAP:TOTAL total market cap at 7xx billions.
The reason why I´m watching this analysis is...
On the weekly total crypto marketcap chart we are currently either still in a symmetrical triangle that could also be a bear pennant, or currently up out of both a daily falling wedge (in yellow), as well as the much bigger weekly falling wedge (in green). Bullish and bearish price target projections are posted accordingly and are color coordinated with their...
Decision day is coming up for crypto total marketcap. I am predicting a break to the upside then a retest of the trendline before a full blown bull market ensues.
Looking for a rally into mid to late April then a decline to mid May-June followed by a breakout sometime in Aug-Oct.
Resistance to the upside: 148, 245, and 415. Support found at 110-100.
Over the past week, the crypto market capitalization increased by 30% from 100 to 130 billion. A few days ago there was a maximum daily trading volume of 35 billion. Now we see a clear trend. We are moving in the ascending channel and by the end of the month market capitalization is expected to be in the zone of 140 + billion.
We begin to grow. A lot of good news....