current upcoming CRYPTO MARKET CAP scenario...!!
I've got 2 scenarios in mind. break out of this small channel & a major resistance line then retest & head higher. hitting the major resistance line & major pull back before launching again to making new highs.
Greetings, I will share some feelings about crypto currency total market cap. Holding the purple trend line, consolidation & pass through red fan lines on the right, make me possitive feelings - otherwise, i'll wonder whats next
Will break upward from the large wedge and move into a blow off top phase? Or will a bearish wedge play out and will we break down? Bias is towards the blow off top as that is historically how crypto bull cycles end, and we still have a lot of more deficit spending coming down the pike from Biden and his administration.
Strong divergence spotted on MACD. Is it a Head&Shoulder pattern forming? What are your thoughts? Is this just a local trend or will it endure in the long run?
Altcoins market cap is overall bullish
Hello! Here is a chart on Crypto Total Market Cap 2. I am not actually going to speak about the chart, more about fundamentals which I see right now. I think it is time for the crypto markets to go kaboom upwards. (like they wouldn't have yet..) (Bitcoin) Gamestop fighting. People against hedgefunds, Robinhood closing buy possibilities to the stock. This all...
Hey guys ! Here's the fourth TCAP Chart of the day ! Unfortunately, the previous breakout attempt has been rejected and is now in consolidation again but, if we follow it's current trend channel ( the two yellow parabolic rays ) we can see that on a longer term it is still pretty bullish, so don't panic if the market bleed a little this week-end. *NEVER FORGET :...
Hello. Here we are once again. My last post was about Bitcoin Dominance and Ethereum . Which did play out pretty well if you ask me ;) Bitcoin Dominance did get rejected. For now.. Okay so we are now looking at the same chart Crypto total Market Cap Excluded BTC and the same RSI resistance line as before. The RSI line did work out as an resistance...
Crypto Total Market Cap Excluded BTC The RSI resistance on weekly is right behind the corner. Like we can see from the picture this is the fourth time this RSI line gets hit ( RED circles ). GREEN circle shows where the suppressing downtrend line got broken. (Trend turned to Bull) BLUE arrows shows that these upward legs are identical size. Which would mean a...
Hi Guys This time I'll show my tight field of view of whole cryptocurrency market. Last several days we move in upper channel pattern - which is a strenght signal that we are in up trend from march. If the prediction is correct, and we are forming rising wedge pattern, in short term - ill stay and wait for next move. RSI is oversould,but still pointing down. If we...
Crypto is making the Elliott wave pattern, but ABC correction is remaining. We can assume the A point around 378.60B , and B point near 426 , and the C point will be around 320 . After that, there is a high possibility of reversal. The third wave includes a diagonal triangle.
This Industry is about to catch a part of the fiat supply. Some of the wealthier person in the world buying big chunk of $at. . . . . . Billions and Billions and Billions and Billions Billions and Billions and Billions and Billions ... www.youtube.com . . . To bitcoin
Crypto Total Market Cap CTMC broke bullish of this descending channel and retested the 200D MA as support. The price is about to close the candle above 200MA for the 2nd day and it is likely painting a bull flag and our target to the upside is the 0.618 Fib resistance.
Hello everyone. If you´re lost in mid/long term cycle/ right market side I would recommend just to ZOOM OUT ** Last time I´ve called local bottom it was at 3K range and it was based on Volume ** but supported by RSI indicator bull divergence as well Now if you check out the Crypto Total Market Cap volume, RSI, MA´s, as well as supports/resisstances You...
Chart moving in down trend channel. We formed falling wedge - reversal pattern. And we already broke up resistance line of this wedge. We touched support line of this channel and now we go to resistance line to biggest horizontal volume (Visible Range)