20k BTC has the psychological level but imo this is the level traders should be watching (and we see you $DXY ) Keep eyes on this 762b TOTAL marketcap level and the deep black hole we enter if we drop out. I keep banging the table on the CME BTC FUTURES chart. When/If the historical meme BTC charts are invalidated we shall see the importance of the CME BTC macro...
If the monthly candlestick closes above the 50 MA and the 38.2% Fibonacci level, then there is a high chance that the market cap will bounce back to the 23.6% Fibonacci level. The global trend line is a very important support level.
Hello friends. This is the bear case for crypto over the next weeks, which will battle against our bull case previously posted. Looking at the Bitcoin chart, the bear structure is kind of deformed, but we just noticed that when we look at the Total chart, the leading diagonal lot more clean. Regular followers will recognize this as a potential 1,2 1,2, and we have...
this is a simplistic expectation for crypto total.
Weak break of the neckline, potentially coming for a double back test before going on to breakout target or facing a loss of structure
If the RSI breaks its trend line , we can expect more downtrends. So becare... Bestregardfs MRVp
Just an idea based on the Z-score. Most people are still expecting a last trip to the downside. I find this Fib Fan to be an amazing tool to spend trend reversal and mixed with the Z-score something like this could easily play out. Thoughts?
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Total Crypto Market Cap. The chart is self-explanatory. The total crypto market cap fell out of the Ascending Channel most recently formed two Bear Flags, back to back. The measured moves are shown in the chart. Though I want to be bullish on crypto, it seems there...
The crypto expedition is already tired after crossing the mountain peaks, it has been on the road for 800 days. Chief Sherpa Bitcoin had already instructed to descend into the lowlands. It was a difficult expedition, it enriched many members , but unfortunately a lot of members did not use any security on the way out, fell and died. Not the financial...
Hello,Friends! We can see that TOTAL is about to go up Based on the current price action Overall the market sentiment is bullish right now And I can see smart money entering longs So we will buy too! Like and subscribe and comment my ideas if you enjoy them!
Time to look at the Crypto Total Market Cap (TOTAL) after last week it made a perfect re-test of the previous Cycle's Top and is seen now rebounding. That alone is enough to make headlines but there is a number of other landmark parameters that got fulfilled that normally form market bottoms. Apart from the previous Top line, the total market cap hit the 1W MA200...
Bitcoin as the first cryptocurrency supposed to be something near "Ideal Money" as defined by John Nash, however, the primary idea derailed far behind imagination! How many cryptocurrency projects exist? 10397, yes there are more than 10 thousand cryptocurrencies out there..! and they are far from ideal money..! It is also good to know this number...
- TheKing is struggling but altcoins are almost bottomed. -" the time to buy is when there's blood in the streets ". - All in graph. Stay S4fe and don't go all in. Happy Tr4Ding !
True fundamentals: 1. China all of a sudden left the market like what they did the last two times. The demand is going to sharply cut on one hand and on the other hand mining decreases also for a while meaning that the supply is going to decrease as well. Right? But, just how long the supply side is going to be affected by their exit? It will not take a very long...
- It is a common thing to test the previous all time high (in this case from 2018) on the weekly chart. - Last weekly candle has a huge wick, which is definitely a good sign for all bulls! - 200 moving average is a strong support and the price is currently sitting on this level, which provides us with a good buying opportunity. - 0.382 FIB retracement is also a...
2017-2018: I think we can break it down into 4 distinct parts: 1- Explosive surge of +4350% 2- Head and Shoulder pattern and losing 66% 3- A 77% bounce back 4- Another 78% decline Summation: 86% of market value wiped out in 49 weeks: Now let's look at 2022-2022: A: Explosive surge of +1810% B: Head and Shoulder pattern and losing 62% You do the...
Total is falling to its targets 1: around 1.13T 2: 380 B NOTICE: THIS IS NOT A FINANCIAL ADVICE
Share the names of your favorite follows in the comments below. Together, we can build a list of the most interesting traders, investors, and market thinkers. We'll also give out TradingView Coins to those who uncover new and interesting names on TradingView. Just tag their @ username and we'll tip you Coins if we agree. 🎉 To get started, head to the comments...