Get started

Total

TOTAL Market Cap - Critical Support!Hello TradingView Family, this is Richard. I usually keep an eye on TOTAL to get a feeling about the overall crypto market bias. Just like I keep an eye on DXY when it comes to Forex. As per my last TOTAL analysis, we are still bearish trading inside the red channel/wedge. The reason for this update is to highlight that the Head & Shoulders Textbook target/projection is filled. As marked in purple. Moreover, TOTAL is diving inside a horizontal support (in green) and approaching a non-horizontal support/trendline (in brown) But of course, that doesn't mean that the bulls are in control. Not yet! For the bulls to take over , we still need a break above the last high and the upper red trendline. Meanwhile, until the bulls take over, TOTAL would be overall bearish and can still trade lower and lower. All Strategies Are Good; If Managed Properly! ~Rich
CRYPTOCAP:TOTAL
by TheSignalyst
8
Hidden Bull Flag Formation!Hey traders! As you can see on the Daily Candles of the Total Cryptocurrency Marketcap chart, we began with a Bull Flag pattern that started during summer, I believe this is somewhat of a fractal we are experiencing now. What happened during this downtrend is that we got two touches to the upper resistance line and two touches to the lower support line. During this period we also had a fakeout which also happened in the current one (Labeled "Fakeout"). Now that being said, it seems as if the break out of the downtrend will occur during late January or very early February. However, what is key is that we don't break the support line as shown. Based on all this, early February is something you want to watch very closely. Safe trading, -Pulkanator
CRYPTOCAP:TOTALLong
by Pulkanatir
what the hell is going on crypto market ❗❓ #TOTAL analysis📉📈Hello crypto community welcome to my new analysis what's up guys I know this Recent declines has impressed and upset almost everyone todays But we should adapt to this new circumstance ,So let's go a little deeper The TOTAL has shrunk by more than 35% to $ 2trillion since it hit its ATH about $3T , and the entire crypto market recently turned red and bloody accordingly Probably a lot of people in the $3 trillion of marketcap were super greedy, and that's where the whales started selling, and the market is still scared to this day. Of course, this extreme fear is a good sign for a green return of market. Anyway what I see right now is a horrible head and shoulders and at the same time the volume is decreasing gradually (although I do not want to scare you guys) , but it can technically lower the price of TOTAL, even to about $1.5T to its lower support levels However, what keeps the price right now is EMA 50, which if not supported, it cause to another fall once again to the next support EMA100, Otherwise, we need a quick rejection right now ,if it is supported again on EMA50 by an increase in volume, in this case by break out of the downward trend line(white line), it can grow up to 2.5 trillion resistance levels again . As you probably know in order to have any bullrun , something that drives the price is significant volume and injection of liquidity to the market, which we have not recently seen anything special yet so without that we shouldn't be hopeful for a new ATH to specified targets. -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭 🙏with Best Regards
CRYPTOCAP:TOTAL
by PRO_SMART_Trader
TOTAL2 4HOUR UPDATEWelcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. As we can see in the chart that TOAL 2 is trending around this blue channel and from the same downer support line now we are expecting a bounce from the support level let's see how the daily candle closes. What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you
CRYPTOCAP:TOTAL2
by CRYPTOMOJO_TA
Cryptocurrency Market forecast for the next 8 weeks!In the past 8 weeks, the Cryptocurrency market has lost 1.1 trillion dollars of its value! 1.1 trillion dollars is bigger than the GDP of most countries in the world except the first 15th. This number is 44 times bigger than El Salvador's GDP in 2021. I think it is highly likely that we see another 500-800 billion dollars washout in the next 8 weeks! However, we may see a few good days in the next week! The bigger picture is not bullish in the next 8 weeks! According to the numbers, there is more than 8000 Crypto project out there..! I believe in the next 5-10 years 99.97% of these projects will be eliminated and in the best scenario, 25 projects will survive this frenzy..! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
CRYPTOCAP:TOTALShort
by Moshkelgosha
6
Where is the crypto market standing right now?The total market cap has fallen below the 300 DMA after more than 19 months of trading above it. In 2021 it touched it twice and bounced, but this time there was no bounce. It also slightly dipped below the Yearly P and swept the early December low, but the response to getting to these key levels has been underwhelming to say the least. Both BTC and ETH have hit major support levels and they both done what in my opinion would be best before continuing higher, yet I see no strength. Most people are just talking about bearish at support, yet that's all I see. For weeks now most have been bullish and talking about how we will get no bear market for years, how high inflation is good for crypto and overall just rejecting any bearish factor from their analysis. Just a week ago I saw a poll with about 2.5-3k participants that asked at 46k, whether people thought 60k or 30k was next. The results were like 65/35 and that perfectly matched with the long short ratio on most exchanges which was higher than 2:1. To be clear I am not a long term bear, but I do take into account several factors and mostly the fact that the Fed wants to raise rates and reduce its balance sheet in a slowing economy. My view is that the global economy is in a terrible shape even if Omicron could be what puts an end to this pandemic. So the Fed being aggressive when most of the inflation hasn't occurred due to 'money printing', isn't great. They have to be hawkish at this time because markets are way overbought and people are angry at inflation. They need to act as if they have the situation under control. Stocks were up 40% from their Feb 2020 highs and are now down 4%, but could easily have another 5-8% down from here before bottoming, so crypto could also have some extra downside from here. If they drop more, crypto could suffer even more... but for now I don't think they will drop more than 5-8% in the next few weeks. Eventually I do see SPX trading at 4000, but not yet. For now the crypto market seems strong, especially altcoins relative to Bitcoin, but I can see the market drop to 1.6-1.7T and then to 1.1T if there is a major crash. That even would have to be a liquidity event, something like March 2020 and wouldn't last long. The truth is that the market is already oversold and there is a lot of liquidity in the market at the moment. With 165B of stablecoins in circulation, the market is currently is just 10-20% more expensive compared to what it was at 29k in July. Many on and off chain indicators are already telling us these are good levels to buy, but the best area to buy is 24-27k for BTC and potentially 1.1T for the total Mcap. Of course many catalysts could lead into that crash, from something due to the Fed, regulators or Covid, or simply people panic selling as people realize we won't moon in the next few weeks. After that I believe the bull market will resume. In my opinion if too many bad things start occurring and nothing positive starts to occur, then yes this could turn into a proper bear market... but for now I think no matter what happens things will quickly change to the better and the bull will resume.
CRYPTOCAP:TOTAL
by BitcoinMacro
4