Actually it is quite possible we have already hit the bottom, and the the mkt. is due for rebound ...
Think about all the shit that still exists in crypto space, another 40b deleted before we re-evalute looks right.
Taking the trend of both, 200 DMA and VFI indicator and assuming the completion of waves 1 and 2… I may bet for a reversal confirmation by April 2019
Started paying attention to the total market cap in the beginning of the month, to see if it could give any insight into the moves of the coins before they happened. For the most part, it does not give any great insight ahead of time, rather it displays how the entire market moves as a whole. I noted the bitcoin fall from 6k in a yellow text box, as that took...
This is a very real possibility. But the bounce would be so fast, It's not really worth it to sell now. Especially since there may not even be a dip.
Interesting things happen when the Altcoin MC passes Bitcoin's. Pump or dump?
Refer to previous charts
Sample Size does Matter CryptoCap is a new ticker on TradingView CryptoCap adds market caps of All, Some, or One coin. CryptoCap shows movements In, Out, Between coins. more Data Points give better Statistics. more Digit Space gives finer Increments. more Brain Power gives less Anomalies. Explore this Ticker for Bigger Picture. Study this Idea for a Common...
A possible head & shoulders pattern for cryptocurrency market capital after breaking 141 billion targeting 200 B
if you take a look at the chart and think about that the next step forward in this bearmarket, could be like one of the steps in the past, this would lead to an overall marketcap of 58 billion dollars. Coming from 758 billion...... i wonderwhich coins will be left to survive this massacre.
Time for a 2 hour nap.
There could still be one more painful dip but a 300% gain is worth the pain.
I realised that perhaps looking at individual currencies wouldn't give us accurate results of market direction. Zooming out is necessary to have an idea of market direction. Bitcoin makes up only "Half" of the Market cap, so looking at it only to figure out direction isnt 100%. Textbook Elliot wave theory says that, during a bear market, there is a three wave...
I see a big move shaping up here in terms of capital moving into the crypto markets. The TA respect of this ticker is a thing of beauty. lets break it down. We really only see 2 bullish patterns in the candle structure - 1. inverse head and shoulders. Targets suggest a break above the $136B neckline should see a break towards $150B - $160B. 2. Ascending Wedge -...
This is the Big Picture of the Crypto Market ... headin' down again soon ...