Total Crypto Market Cap is in the process of following BTC at the moment getting ready breakout of a falling wedge and a falling channel. I believe this is additional proof that the bull market is in the process of taking of again. Lets see what happens............................
There are promising sings of a recovery in Crypto markets. The black line coming from 3T is our main resistance. There are 2 scenarios: #n1 Blue line means BTC = $48K --- #n2 Purple line means BTC $27K. We currently have a good MACD and RSI. The pink line resistance of RSI comes from early 2021. If we succeed in breaking that, scenario #n1 will happen, otherwise...
Total Crypto Market Cap Monthly chart can you see how this is super bullish? Look at the Ascending Bullish Trendline holding support perfectly. The DeMark9 Indicator is showing that there is a super high probability that the enitre Total Crypto MarketCap is at the bottom. The 100 Day and the Bull Market Support Band is at the exact same place on the chart....
The short term picture is cryptos broke above the down-trend channel started almost a year ago, there is still resistance above to be broken, but there is a possible triangular pattern leading to the final run up next year when all hell is break loose: s3.tradingview.com
BTC is on its 3rd wave moves. Short ETH, which is a FOMO dreamers bull trap pump. Dump ETH, ETC, ENS, LDO. Buy all ETH killer whales: EOS, ADA, SOL, FTM, DOT, AVAX, SHIB, and LINK the Oracle. Accumulate the following to build a strong crypto portfolio: XRP, ATOM. ALGO, JASMY, LTC, MANA, CRO, ONE, CRV, CVX, MATIC, HBAR, CHZ, VET, DOGE, ENJ, NEAR, SAND, SUSHI,...
Market capitalization is trying to stay on the trend line. Breakdown of this level will be a strong bearish signal - capitalization may fall to the monthly 100 EMA. For a bullish scenario, the RSI should break the downtrend line and level 50,
this is not financial advice Feel free to share your view in the comments. CRYPTOCAP:TOTAL CME:BTC1!
Some people have drawn this as a breakout but to me I am seeing this as the location of the supply line for crypto TOTAL. Seems we are just reaching the supply line but have not broken out.
Last week in the news There have been some relief on the financial markets during the previous week, as investors have priced the possibility for FED to slow down with its further rate increases. US stock markets closed higher on Friday, while the crypto market is still pending to follow. Bitcoin is ending the week above $19K, while Ether continues to hold above...
What a crazy time to be alive. The economic systems at full stress, inflation maxing out, uncertainty, nukes, peace talks, cost of living crisis, expensive electricity and gas in a only recently COVID recovering world. First thing I point out for everyone expecting a large drop of +-50% is that we have some strong incoming support for total market cap - Longterm...
Alright folks .. I am posting this idea and I am ready to take the heat as long as everyone will contribute with useful input. Let's go back to the basics of technical analysis and leave the emotions behind .. - We have Double Death Cross on the Market Cap Weekly chart .. the 50 EMA is crossing the 100 EMA and the 20 EMA is crossing the 200 EMA. - The RSA will...
crypto has about 6 months of accumulation before train goes choof choof
Hi traders The market is between life and death Close Weekly Below the blue line (Big Bear Market) NFA
Total Crypto Market Cap Monthly chart can you see how this is super bullish? Look at the Ascending Bullish Trendline holding support perfectly. The DeMark9 Indicator is showing that there is a super high probability that the enitre Total Crypto MarketCap is at the bottom. The 100 Day and the Bull Market Support Band is at the exact same place on the chart....
Possibly back to the previous bottom 825B-810, which is the bottom in July 2022, and January 2021. Will be looking which coin is making higher low after this bottom hit. (which maybe not work) Trade safely.
This is a reversal type falling wedge pattern accompanied by bullish divs on MACD and RSI.
Last week in the news Inflation figures were in the market spotlight during the previous week. Although the US prices are slowing down the increase, they were still modestly above market estimate during September. The US equity market finished another week with negative sentiment, while the crypto market continues to trade flat compared to the week before....
Here's a TOTAL / DXY analysis 1 day YTD char. TOTAL is the entire crypto market cap, TOTAL3 is all crypto minus BTC & ETH market cap. Ever since DXY (US Dollar Currency Index) started going up in November 2021, cryptocurrencies have plummeted in value. The long crypto trade begins when DXY starts going down. Which is not happening soon. The only thing crypto is...