WOW Look at how we hit the 3.618 Fib Extension! I'm not an OG Bitcoiner, but became aware of it early maybe in 2012 started doing my research on BTC in 2016 after noticing it was still alive and kicking and the chart started to look real interesting to me in the mid $400's and started invested and learning in 2017 we've come a long way since many inroads &...
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...
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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