Total2 Potential Double BottomHey guys, its been while to I post here, There is a only choppy reaction in market right now. But I try to keep update here as you see in the chart potential double bottom here total2 is the always key to bull market if we close daily 1.08 (Blue Horizental Line) Double Bottom Confirmed Lets See What Happen. I think great days coming for bitcoin.
TOTAL2 trade ideas
ALTSEASON might be right around the corner.This is the Crypto Total Market Cap excluding Bitcoin, which illustrates the Capitalization of the rest of the cryptocurrency market (altcoins essentially).
As you see, this index has been trading around the 1W MA50 (blue trend-line) since late January 2022, basically since the start of the year, with the 1W MA100 (green trend-line) firmly supporting below. Practically the market has been consolidating in a sideways (wide though) trade since May 2021.
The last time we saw the price consolidating around the 1W MA50 was in Q3 - Q4 2019. That was the 1st Accumulation Phase of this Cycle. If it weren't for the Black Swan event of the COVID melt-down in March 2020, the index would have continued rising after breaking above the 1W MA50 for the last time.
This chart shows all Accumulation and Rally phases since 2014. The RSI patterns on all are similar. I speculate that the current Accumulation Phase (which is this Cycle's 2nd) is about to end because the 1W RSI is completing the curve pattern upwards as it has broken above its MA (black line) for the second time.
If it does, then the 2nd Rally of the current Cycle should start, which is essentially what we call an 'Altseason'.
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IS ALTSEASON OVER ?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
My previous total 2 charts are going wall currently It is lying on the support of this UPPER SUPPORT LEVEL OF THIS SYMMETRICAL TRIANGLE PATTERN.
MACD crossover is showing BULLISH momentum. RSI has entered the oversold region.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
TOTAL2 : shows bullish signshello guys
-Over $31 million in #BTC Long Liquidations in 30 minutes on that recent move down,
And double this amount for the rest of the currencies.
-This game has become known and the price will return and rebound, and what supports this, looking at the TOTAL2 chart:
-There is a positive divergence with both stochastics and RSI
-The price was originally at the previously breached support area, to retest, and the current dive is only to liquidate long contracts. -- Also, the price touched the newly formed rising trend line - also a retest of the previously breached descending trend line.
-All this is useful for the market in the coming period.
TOTAL MARKET CAP 12 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
My previous total 2 charts is going wall currently It is lying on the support of this EMA.MACD crossover is showing bearish momentum. RSI has entered the oversold region. We've to wait for a sustained breakout/breakdown to confirm the next move of ALTS.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
TOTAL2: ALTS STARTS BOUNCING AGAIN SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this TOTAL2 aka Altcoin market cap update. Total2 is the market cap of the whole market excluding BTC means which measures the market cap of all the Altcoins.
Total2 forming an Adam&Eve pattern 12hr time frame. After the breaking out of the neckline currently it is going for a retest. The retest level is at around $1.14T from where we can expect a good bounce in Alts.
As of now, it's better to wait for a long entry and if you holding any then hold only on spot.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Market cap of alts looks very promising for next weeks/monthstotal market cap .. higher lows... MACD weekly bullish crossover - STRONG signal because of weekly :) keep it eye on that guys... together with btc.dominance chart it is very important to know those dependencies and overall market conditions :)