TOTAL2 trade ideas
#ALT MARKETCAP Hitting a Major Resistance. What's Next ??ALT MARKEPCAP is hitting the resistance right now.
This is a threshold point for the alt market.
If the index breaks this resistance alts will pump along with BTC.
I will keep this chart updated follow me for more.
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Thank you
#PEACE
Crypto Total MC - big daddy moves coming soonCrypto Total MC - big daddy moves coming soon
UPDATE:
Can't commit until I see this next few weeks/month price action. Two up options im seeing and one down. To be honest I was expecting down hard for the last few weeks, even a month, but the market has remained up, prob because legacy has been on a HUGE RIP. crypto has been pain in comparison; FTX really did a number on basically everything. F(#@ you Sam you slimey scammer.
the path forward is about to be painted:
REVEAL YOURSELF
grind up in any shape or form = valhalla for us
roll over or lose support/that last bottom = hades awaits your portfolio value
TOTAL2: EXIT PUMP OR START OF A NEW ALTSEANSON??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update. When I posted this chart a few days ago, Alt M.cap was at $440B and currently, it is trading at $476B. It is going perfectly so far. We see a huge pump in the Alts. Hope you guys followed my projection and made good money.
Now, the question is is this the start of the new Altseason or this pump will fade up in the next few days? So to get the answer to this question read the whole update carefully.
As you see in the chart, Alt M.cap is forming a descending channel in the daily time frame and currently, it is trading near the upper trendline of the channel. Here we have some resistance. So IMO, it is not worth taking new positions here until we break and close above this channel with confirmation. There is no doubt in that we see some more pumps in Alts but it is not worth taking any new positions here.
If you are holding some Alts, then book profit or partial profit and wait for the dip to take new entries.
That's all from my side. What do you think about this? Let me know in the comment section.
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TOTAL2 IdeaIdea for TOTAL2 showing points in grey circles crossing the indicator leading to the indicator flipping to its bullish state
This can be observed to be currently happening on price
Will history repeat?
I suspect we will see a bit of a relief / bear market rally following all of this bloodshed
TOTAL2: ALTS RELIEF BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update. As 2022 is ending and this year might be not good for us but hope 2023 will be the best year for everyone and you guys make a lot of money this year.
According to the chart, Total2 is an important support level and currently holds this support very well. We can expect a bounce from here. It means we see some relief rally in Alts in the first two weeks of 2023. Rsis also shows bullish divergence.
Invalidation level:- Daily close below $430B
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Wish you a very happy new year everyone. Hope this year brings lots of joy and happiness in your life.
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new analysisIt's really hard to explain this
but we have a slight downpour, and then about 1 month to 45 days the market is bullish , and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%,
and then we have a terrible fall that many currencies will be destroyed
if you like analysis with me. Join me and make a profit to message me or comment
I put 7 new analyzes I will let you see all the analysis to pay attention to the analysis dates and do not harm
TOTAL2 : Will the $420 billion support be maintained?USDT.D index and TOTAL index were checked simultaneously.
Short-term support is at $420 billion and short-term resistance is at $500 billion.
You have to be very cautious, because in case of losing the support of 420 billion dollars, the market can fall to the range of 260 billion dollars from the technical point of view as well as supply and demand.
📈 TOTAL2 iH&S | Altcoins To Recovery SoonWe have an inverse Heads & Shoulder pattern on the TOTAL2 chart.
The Altcoins are about to recover.
This is a bullish pattern and shows up at the bottom of a trend/near support.
So far we also have a higher low in December compared to November.
One final signal favoring the bulls is a bullish divergence with the RSI.
These are early signals but good nonetheless.
Stay strong, stay good, be good, stay safe.
Trade safely and plan ahead of jumping into any trades.
Thank you for reading.
Namaste.
$CRYPTO TOTAL MARKET CAP EXCLUDE $BTCFolks, I don't think we are even close to the bottom of the market yet. This chart is CRYPTO TOTAL MARKET CAP EXCLUDE BTC, and if you look carefully, #head_and_shoulders_pattern matches with target #falling_triangle_pattern. Whole #Altcoin MC will fall other -70%, and have a correction of -92%, which is normal for #Altcoins 🤭. Whatever it looks very bad.
Insanity ahead, once bear is over
Why? Because its already triggered as long as major 4.236 holds.
Top for the altcoins will be major 8.236 extension because major w3 (yellow) > 4.236.
And guess whats the confluence for the local wave? Right w3 (red) on 2.618 implicating w5 (red) on 4.236.
Oh those just match by coincidence? Riiiiiiiiiight...
Hold my beer pls
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No financial advice, do your own research, don't be stupid
TOTAL3 ALTCOINS vs TOTAL 2 ETH vs TOTAL BTC
As mentioned in a tweet, we should pay attention to what TOTAL3 (orange) is doing and not TOTAL2.
If we look at the difference, we see TOTAL3 has already R/S flipped the june low (as well as BTC has done) while ETH is able to keep TOTAL2 yet above.
Implication from here: ETH looking strongest of all (alt) coins, maybe even stronger than BTC for now, but its the last coin keeping the faith here, once ETH starts dipping, theres no way back
Hold my beer pls
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No financial advice, do your own research, don't be stupid
💥$TOTAL2 - STRUGGLE CONTINUES✊🏽We all anticipate for the bear to end but charts are proving otherwise. The crypto Total Market Cap Exclude BTC chart shown here indicate that we have liquidity sitting at $208B.
A breakout below the triangle will quicken this bias.
What do you think?
Not a financial advice 🙅🏼♂️
Share your opinion in the comment section✍️
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Happy Trading💰💵💸
Altcoins Local Bottom? Think Again(Opinion)
A local floor may be forming in the altcoin market.
CM_Williams_Vix_Fix_Finds Market Bottoms Indicator is starting to form one on the 1-hour. This may be short lived though.
The DXY still have room to move upward after its first few hours being open. This could potentially push the TOTAL / TOTAL2 down further.
4-hour charts for the TOTAL / TOTAL2 also have much room for a continued move down if we break this support level.
Bulls beware. It's going to be an intense week with the FOMC meeting on the 13th & 14th.