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Cryptototal

Crypto Total Market Cap - Daily Chart Analysis (DCA) Hello and thank you for taking the time to read my post. Today, we analyze the Crypto Total Market Cap chart on the daily scale, which represents the combined capitalization of the entire cryptocurrency market. This chart often provides clearer and more reliable signals, possibly due to the fact that it cannot be traded directly. As we delve into the classic price patterns present on this chart, make sure to get comfortable and follow along as we progress from left to right, examining the most recent price patterns. Analysis: Starting with a 245-day descending triangle, we can see that it has already broken out. The breakout target is illustrated on the chart and is still in progress. Within this ascending triangle, we witnessed a few smaller price patterns, such as a bearish continuation pattern in the form of a descending triangle and a bullish reversal pattern as a rectangle, which led to the breakout. Since then, an uptrend has emerged, and the price has successfully surpassed the 200 EMA and maintained its position above it. Currently, we're observing the latest price pattern, a head and shoulders formation. Given its position, it appears to be a continuation pattern, as it's neither at the top nor the bottom. At 47 days old, it's possible that the right shoulder is still forming. The price is holding remarkably well above the neckline, indicating strong support at this level. While we cannot predict the direction of the breakout, the stronger the support, the higher the likelihood of a bullish continuation. Conclusion: This leads us to our price target. To determine this, we take the height of the price pattern and add it to the potential breakout point of the right shoulder. The resulting target can be seen on the chart. If this scenario plays out, we can anticipate a higher market capitalization for the entire crypto market, which is a positive development for the industry. In conclusion, the Crypto Total Market Cap daily chart presents various classic price patterns that can provide valuable insights for traders and investors. Monitoring these patterns and the overall market trend can help market participants make informed decisions and better prepare for potential price action. Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading. If you found this analysis helpful, please like, share, and follow for more updates. Happy trading! Best regards, Karim Subhieh
CRYPTOCAP:TOTAL
by KarimSubhieh
Cryptos are here to stay- Don't follow the price but follow the innovation. - in 2018 Crypto market reached $750 Billions, in 2020 it reached $3 Trillions. - of course cryptos are still nothing if u compare markets with the actual netted value of derivatives. $600 Trillions. - if u followed some recent news about IRS : - The Passage of the Inflation Reduction Act signals the hiring of 87,000 IRS agents and the bill specifically calls out crypto assets. - $80 Billion of funding is allocated to the IRS budget over the next 10 years, signifying a 75% increase on a yearly basis. So are you thinking govs will hire more agents to tax a dying system. think about it. - According to Fibo the next bullrun will lead Crypto Markets around $10 Trillions. - Be ready for it but be ready also for taxes and regulations. Feel free to comments! Happy Tr4Ding !
CRYPTOCAP:TOTALLong
by thecryer
3
CRYPTO TOTAL CAP. A big bleed before 2023?The current macro economic context is getting both interesting and difficult to participate. We are facing a liquidity crisis across the markets because of FEDs and other central banks' policies. On the other hand, inflation is still a beast that seemingly can't be tamed at the moment. With that in mind, the Crypto market cap is going on the side-way in the last few weeks. No big rallies, communities are quiet, and venture funding activities are getting thinner. On the charts, we suspect a dump might come soon, and broke down the $BTC's $18k - $20k support. If this occurs, $15k seems like reasonable psychological support to place your bid. The Crypto Total Market Cap might hit $780B - $800B when this happens. This level of CRYPTO TOTAL CAP is also the last line of defense for the bulls. If this broke down, bulls will be forced into liquidation, making price dump further. If things went south, CRYPTO TOTAL CAP might hit $600B zone one last time before the bull cycle begins again. This equivalent to $BTC price fell to the ~10k - $12k zone. Chainslab do not doubt that CRYPTO TOTAL CAP will one day reach $10 Trillion, and $BTC will reach at least $100k, but it will have to visit another low first. We truly hope that we are wrong, and that the bull market will start soon though. But winter is still going on, and investors should do everything to protect their portfolios first.
CRYPTOCAP:TOTALShort
by Chainslab_Analytics
Total Analyses in daily chartHi My Friends, as you see in the chart, Crypto Total is in a uptrend channel, if we lose that it will be so dangerous for crypto at all, so many people will lose their trusts to crypto at all :) In this days, the bad news push the Markets, specialy crypto market, The fear and greed factor is 10 today, Extreme Fear!!! what it shows? People ar extremly feared, 10 is very bad!!! But ther is something that I think we do not lose the chanel, big wallets and whales, the world bussiness changes, and political views, do not fear and be patient it will back soon... what you see? what you think? please tell me
CRYPTOCAP:TOTALLong
by dizehvari
TOTAL ( Total Cryptocurrencies Market Capitalization) Analysis Fundamental Analysis: As we know recently India has issued a Ban on the All Private Crypto currencies, mean while few other related nations such as Nepal and Bangladesh are also working on some Ban Draft and that seems could show some Negative impact on the Total Market cap, but these Bans are very Ordinary and Insignificant since system has tried its best to Ban and Restrict the use of cryptocurrencies on Blockchain for Monitory systems and uses of its byproduct such as BTC or Alts, we shall see some well Projects to pop up on DEFI which will bring huge Capital to the Crypto ecosystems and Pomp the Total Market Cap in coming years. there are many inefficiencies on the centralized markets and distrust among the Hedge Funds and Institutional Investors over the current economics' situation, specially post Covid-19 Pandemic where many retail investors are considering the dementalized open market as a well venue to invest and get some Inflation free interests, that can be one of the best reasons to get good attention to the crypto world and again the pomp in the market cap eventually... Technical Analysis: We can see the Price is rallying in a Ascending parallels Chanel to which it had already shown some Respects, There are Total of 4 Targets we have defined with Fibonacci projection of the last bullish cycles i.e. waves. all targets are achievable eventually by passing the time but we can expect some Correction after each ACHIEVEMENT. There exist a Support area which has the confluences with Fibonacci Retracement level of 61.8 of the current ATH,
CRYPTOCAP:TOTALLong
by BitonGroup
2