TOTAL2 Channel UpThe formation of an up channel can be seen on the daily chart of this ticker
This is further emphasized by the Gaussian Channel
Alts are bullish
Total2usd
TOTAL marketcap excluding BTC; ALTCOINS macroTOTAL marketcap excluding BTC; ALTCOINS macro
this is an update of an old macro idea, its linked, have updated where we are based on long term momentum indicator there and obvious similarities in cycle position and macro price action.
this whole thing is probably a rhyme..
we could be entering the final stage here.
it also lines up with other fractals im looking at in terms of peak timing.
gl and god speed.
Plotting the Future for the Altcoin MarketA continuation pattern of parabolas can be drawn
Leading to continual diminishing volatility
The first run was obvious the most bullish
The second (current) parabola will soon collapse into the next one, which I believe will reach an angle of 17° at peak
This is different to my other altcoin market analyses, it does seem more logical than the other, more bullish perspectives I have been throwing out..
For example below
ALTS MARKET CAP ANALYSIS Welcome 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.
The total market cap bounces from the support level or I think the price can pump from here up to 2T and MACD is making some similar pattern.
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
#PEACE
MarketCap - Still Early!! (Rapid Increase) An idea using mainly the True Strength Indicator, which shows an evident two comparable points, we are at a point of continuation.
Using the Log trend indicator it shows a slow period of increase (which we are in) and then a greatly more rapid one, which we are on the brink of
Lets see how it plays out
Linking some relevant charts
TOTALMCAP Daily IdeaTwo channels drawn, comparison can be made between the two
Key areas in green and red
Looking for bull continuation
Crypto Total2 elliot wave new analysisHey Guys I just made a new analysis of TOTAL2 using ELLIOT WAVES count Don't hesitate to share your ideas Thanks
Crypto Total2 elliot wave analysisHey Guys
I just made an analysis of TOTAL2 using ELLIOT WAVES count
Don't hesitate to share your ideas
Thanks
Altcoin Market UpdateAn update for the altcoin market including (TOTAL2, and OTHERS)
As you can see, on the left, we are still in a very good spot for bullish action
Current price can be seen to be very similar to the early days of TOTAL2, providing a nice comparison
On the right, the OTHERS chart, also provides similarities to the earlier bull run, and suggests we are heading higher.
0.618 was a previous point of rejection during this massive bull run. If 1.618 is hit this will likely act as a rejection point as well.
UP!
Exactly as i told you market pumped hard🚀Hello dear traders
Yesterday i told you fill your bags because market is gonna fly and it happened today especially ETH and other alt coins rised up a lot (i tag post bellow).
Also a few days ago i mentioned an stop hunt at 53K and i said that lots of bitcoins have been bought so bitcoin may rise a lot and it happened too.(post tagged below)
So i showed you the bottoms hope you enjoyed.
If you found this analysis useful please support us with a like
Another way to visualize what's coming TOTAL2I can split the bullrun into two phases, one of extreme bullishness and one of mild bullishness
Market phase 1 has already been undertaken and we are heading into market phase 2, which can be observed in the past to be the most bullish part of the run
This is a chart developed on a previous one below
An update for TOTAL2Using the TOPCAP indicator and the AVGCAP indicator this chart is produced
Will we see another huge increase phase that was seen in the previous bullrun? Or will it be different
In Green is the best entry points possible
In Red is the best exit point possible
Red line in between Topcap and Avgcap is 200MA
The Rest of the Year TOTAL2TOTAL2 is going to continue to push new highs as time passes
I have plotted what I expect
2021 you have been a quick one
Altcoin Market Scenario TOTAL2This is the 4Hr chart for TOTAL2
I believe a double top scenario will play out as price reaches vertical levels
a short correction is definitely needed
TOTAL2 Analysis 4HR (altcoin market)Repeating ABCD pattern
Either this occurs or a breakout to the upside out of the channel that has formed on this timeframe
1234 and ABCD are separate formations, with ABCD forecasted to repeat
Linking a longer term analysis of the same ticker for those who are looking to hodl for a long time
TOTAL2 Cup and Handle ideaAn idea showing a cup and handle comparison with one we have already seen on the way up during this bullrun
Last time at this stage a bullish, very bullish move was experienced, will it play out like before?
Very different price action but I still consider both Cup and Handle
TOTAL2 Comparable PointsIt seems to be playing out the same
We will see if it continues
Yellow -> Blue -> Green -> Moonshot
Why Nobody Don't talk about TOTAL2 ? Potential Double TopSo many people says crypto is unpredictable actually its true but if we if we put the puzzles together we can see the picture.
You guys see market give reaction from previosly ath.
Right now we can see potential double top here so if we close daily fib 261.80 I will turn slightly bearish again.
Last support is fib 227.20
If you like this idea please dont forget to hit like button
#ALTSEASON LAST QUARTER Could be Game Changing, Here's Why...Welcome 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.
The Total2 which shows us the total marketcap excluding BTC.
Looks bullish and we can see an inverse H&S formation.
The candle already broke above the neckline support.
Once we see a daily close above the $1.35 trillion mcap.
It could easily pump towards the $1.65 trillion mcap.
The index is trading above all important EMAs in this 8 hour chart, shows bullishness in altcoins.
Every single altcoin will pump like crazy if this pattern pays out perfectly.
I was bearish a few days back TBH, Since it got rejected from the resistance but eventually rallied again to form the right shoulder of this pattern.
On confirmation I will be posting futures and spot calls soon.
We will not miss the last quarter gains.
Invalidation of this chart will be a close below 21MA, Currently $1.3 trillion.
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
#PEACE
TOTAL2 Chart PatternsThis is the 4Hr chart analyzing the chart patterns present on the chart
Price is touching a strong support, price will likely test this line (solid line) and bounce upwards off it
This is for the altcoin market (TOTAl2)
Wedge structures are very common on this one
Altcoin market looking bullishNote that I'm not a financial advisor, this is just my opinion and I am not recommending anyone to buy or sell. DYOR and don't just listen to an Explosive Cow.
I am bullish on the altcoin market (TOTAL2 is the market cap of all the altcoins), although at the moment I'm uncertain weather altcoins will outperform BTC.
The reasons I'm bullish are the following:
We have already had one cycle of the Elliot waves since March 2020 with and impulse wave from March 2020 to May 2021 and a corrective wave from May 2021 to June 2021. Now that the cycle has ended, we are starting a new cycle and could possibly entering wave 3 of the impulse wave.
The 9 weekly-EMA acts as support.
The MACD (blue line) is above the signal line (orange line).
We are not in overbought territory on the RSI, meaning there is room to grow
Higher highs and lower lows since July 2020
The only thing I'd note is that there is bearish divergence on the Histogram of the MACD since the past few weeks, but since it's only been 5 weeks, it's not a significant time. This is also the only negative indicator, so it doesn't pose a threat.
TP : My TP is the at the 1.618 Fibonacci level taking the March 2020 low and the May 2021 high, which would put it at 2.4T market cap (86% increase).
I put the wave 3 ending in January, but that is highly subjective, it could be 6 months or more from now or more
Note: I currently hold several altcoins at this point.
TOTAL2 - BIG MOMENT Hi, this is mye new update for Total Market Cap Exclude BTC. This is the moment guys, we have now completed a cup and handle pattern, in the NEXT couple of weeks we are going to see massive gains in Total Market Cap. One thing we have to notice is that the gains from bottom to previous top is 132% and from the definition of cup and handle, when we break the all time high then we are going to see another 132% gains, so be patient the new ALT season is going to start soon. I am LONG here ;)
Why I think we are going up TOTAL2The recent break up above the 50MA is a bullish sign
We are in for another more rapid period of a bullrun
This is a chart for the Altcoin market
see attached
