#TOTAL3 MARKET UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
#TOTAL3 Update!
Welcome to Total3 Market Cap Update. Total3 generally refers to the market cap of all Altcoins accepting BTC and ETH.
Total3 Here an inverted head and shoulders pattern is formed that has bounced off and remains a bull flag pattern where a breakout of the neckline is still pending.
Once it breaks the neckline we will see a pretty decent rally in Altcoins.
I am expecting a bullish rally in Alts in the month of July and August. I'm just waiting for this neckline to break. Let's see how it turns out.
Remember:- This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
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TOTAL3 trade ideas
ALTS WILL PUMP SOON AFTER A LITTLE PULLBACK!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Alt M.cap AKA Total3 update.
Alt m.cap is trading inside a symmetrical triangle in the daily time frame and currently facing some resistance as the triangle's upper trendline. I'm expecting some pullback from here. I'm not opening any long positions now. Either I'm waiting for a pullback or if it breaks out from here, I'm taking some long positions.
Let's see how this goes.
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ALTCOINS BULLISH RALLY AHEAD IF? Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total3 market cap update. Total3 generally indicates the market cap for all Altcoins excluding BTC and ETH.
Now let's get to the chart.
Total3 is forming an inverse head and shoulder pattern here where the breakout of the neckline is still pending.
Once it breaks the neckline we will see a pretty good rally in Altcoins.
I'm expecting a bullish rally in Alts in the month of July and August. All i"m waiting for is to break this neckline. Let's see how it goes.
What do you think about this?
Do you also think that we might see a good rally in Alts in the month of July and August?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
alts are not at the bottom yetThe previous post was about the total market cap at the 200week moving average, marking what i believe is close to the bottom for btc
This post shows that the total 3 (excluding btc and eth) has not reached its 200w moving average, and possibly has further to drop
I do expect that until btc has a higher high and retraces, alts will only bleed on larger time frames
Total 3 - Monthly See how we are weeker without the big 2 (BTC and ETH)
keep in mind total3 chart is the total crypto market excluding bitcoin and eth.
which means you should be looking for alts that are more bullish. you'll know its more bullish if the monthly support is NOT breached and is holding above it.
Washing machineAltcoins are an incredibly dangerous market
Lucrative when you get in early
Punishing if you get in late
Regardelss of the quality of the team or particular project
These things are a speculative gold mine if properly understood but extremeley dangerous if misunderstood
Required understanding includes human/market psycology on a multiple timeframes and an understanding of physical systems, networks and financial tools aswell as a grasp on exponential and logscale maths, drastic % swings.
Beyond this as an investoor you should be careful when and how you approach this early marketplace, understand the halving cycles, the bull bear market portfolios/ the ratio of btc/eth/alts and the speculative frenzy that is the time to take profits.
TOTAL 3 weekly chart is sitting the biggest support in history.TOTAL 3 weekly chart:
The Long yellow rectangle support box may
be the most important support in the entire
Market as a whole. When there is around 19,000
Alt-coin projects relying on BTC holding and this
huge monster support box holding, this is Do or
Die...Im confident in the coming 300 days,
we will see all time highs in the TOTAL 3 market.
The Green $2.674 Trillion is my Super bullish
prediction coming from measurements. and the
smaller yellow rectangles are the falling bearish
support boxes....lets hope we dont see the candles
fall lower. The RSI has never been this OVERSOLD, we honestly should be moving up
bc we are in uncharted territories and sentiment should change.
The TOTAL CRYPTO-CAP Is Building A Massive Broadening-Wedge!Hello,
Welcome to this analysis about the Total Cryptocurrency-Market-Cap excluding Bitcoin and Ethereum on the 2-day timeframe perspective. As the Cryptocurrency Market showed up with the heavy bearish declines it is now testing crucial levels and potential reversal potentials that can be eyed. In this case, it is necessary that the market shows up with the right price-action-determinations that the market can shift in an appropriate direction. Besides the fundamental and indicational factors, the technical aspects are also pivotal to consider. In this case, now I discovered an interesting formation developing within the total Cryptocurrency-Market-Cap that has the potential to finalize when the market shows up with the genuine developments that can shape its destinies rightly.
Formational Structures:
As when looking at my chart we can watch there how the total Cryptocurrency-Market-Cap is now approaching a crucial support-zone within the lower boundary of this massive broadening-wedge-formation the market is forming here. In this case the total Cryptocurrency Market-Cap is also testing the 600-EMA marked in orange which is major support for the symbol in this case. When considering the broader perspective the total Cryptocurrency Market-Cap is developing this paramount broadening-wedge-formation, which when rightly completed can point to bright futures for the market to set up. Furthermore, the total Cryptocurrency Market-Cap is building the local descending-wedge which when completed can lead to an initial reversal.
Upcoming Determinations:
Taking all these factors into the consideration here, the most determining factor is how the total Cryptocurrency Market-Cap manages to complete the local descending-wedge-formation because if this wedge should be completed with a substantial breakout and continued volatility this will be one step into the right direction. If the fortunate case settles and the total Cryptocurrency Market-Cap continues with great and solid volatility once the breakout happened the second confirmation is developed once the market breaks out above the upper boundary of the broadening-wedge-formation as it is seen in my chart, if the market shows up with the sophisticated breakout then this is likely to point to further expansion destinies.
In this manner, thank you for watching the analysis, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.