Crypto Total, S&P adjusted for M2 + Overall market viewThis is an equally weighted symbol of S&P + Crypto Total. It ranges from 0 to 100, with 100 being the Nov 2021 peak. We are entering a low risk zone historically, but crypto has never truly seen a bear asset market! I think we will get to the green areas in the chart, and if it is a true bear market, possibly sideways and lower for a bit longer than most expect. It's easy to remain complacent here and buy furious but it's better off to be safe and preserve your capital until some larger confirmation that downward momentum has faded.
What I mean by true bear market is, if the S&P Adjusted for M2 plays out like 2008:
Percentage of stocks above 200 average looks a bit lower but could get closer to 5-10% before a real rally:
Small caps are making new lows:
Crypto TOTAL could test the blue 200 MA easily:
Junk bonds are hugely overvalued:
SPX + NDX Volatility is still tame compared to 2020 and 2008:
DXY is still in strong uptrend. Margins are tight in financial markets and dollars with a positive yield cuts profit margins and causes liquidity issues.
Pegged stablecoins are highly unstable:
Hopefully you can see why I don't think the momentum has fully played out yet.
If it's not a bear market, I don't see any strong uptrend happening without a major policy shift and massive sentiment change. It makes sense to lean bearish even though prices are relatively attractive long-term.
What do you think?
Good luck and I hope you liked the chart as much as I did! Don't forget to hedge your bets :)
Totalmarketcap
Total Market Cap Blood Has Been SpilledAll of Crypto has been in an absolute free fall the last few days.
Between Luna and the Stable Coin catastrophe, the entire crypto space is in disarray.
FUD is at an all-time high, and many people have lost their entire life savings.
A massive Head & Shoulders pattern has been completed and the measured move down from the break is 49.90% .
That puts the Total Market Cap around 424 Billion.
Short-term relief is possible, but the general direction seems clear.
Im finding a lot of confluence in the September/August time, I believe this will likely set a potential bottom.
#ALTS MARKET CAP UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome.
TOTAL 2 UPDATES:
total 2 is making this big descending channel pattern, currently, it looks like it is going to retest the lower support.
we can bounce from the lower support of this channel so let's see how it goes.
if it breaks the lower support of this channel then the chart will be invalided
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
I would also love to know your charts and views in the comment section.
Thank you
Total crypto market cap analysis , what is the next step .. DLT's blockchain's and #cryptography is going to #develop more faster than before ..
#Defi create new values on industry and today we saw a huge experience with #terra ecosystem ! we could see positive and negative side effect of this incident in the industry ! it can improve governance and #DAO more faster , and also negative effect on adaptation period . #NFT's and utility tokens made the industry more impower . so it going to growth in this $BTC halving cycle !
TOTAL MARKET CAP 1D CHART UPDATE.Hello community members welcome to this new 1d chart update of TOTRAL MARKET CAP.
As we can see its evident that total market cap currently trading on a lower trend line support after a pull back inside the symmetrical triangle pattern.
Here RSI is also oversold which is indication that total market cap can move upward from this level.
Reason behind this is when ever RSI prints a oversold indication total market cap also show a pull back towards the upside.
According to the past price action I am expecting bounce in total market cap in upcoming days.
Candle Close below the 1.33T will be the invalidation of this chart analysis.
NOTE : This is not financial advice. This is for education purpose only. I am not responsible for the profits or loss you generate from your investments.
DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you.
@TOTAL2 UPDATE !!Welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
A very good position for ALTS!!
As we can see a total 2 is currently trading inside the symmetrical triangle pattern on a lower trend line support.
Here it's also evident that a total 2 whenever touches the lower trend line support it bounces well.
So here I am expecting a bounce and break to this triangle pattern which will be good for ALT coins entry.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
Thank you...
Total 2 Analysis? more dip is coming!!!📊 Total2 marketcap
🕒 Daily Analysis
🟢 The TOTAL2 broke the important support and dumped hard from breaker block. Most altcoins see double digit loss in last 48 hours. TOTAL2 is now taking support at $780-$800 billion area. IWe might see a test of $925-$970 billion resistance now. If it goes above this resistance then we see some positive movement otherwise the dump will continue. Use proper stop in all your position because of market situation.
TOTAL CRYPTO MARKET CAP!- We are still BULLISH, NO HOPIUM just straight facts, if we was to break below the support level close and retest to the downside, then yes a potential 2-3 year BEAR MARKET.
- However that has not happened, so I AM STILL BULLISH!
- THINK for a second why would MICHAEL SAYLOR buy so much BITCOIN if we are about to go into a BEAR MARKET, these guys know how markets work.
- REMEMBER FOLLOW what the ELITES do, not what they say!!!!!
Total Crypto Market Cap 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for the Total Crypto Market Cap.
The chart is self-explanatory. The total crypto market cap fell out of the Ascending Channel. The measured move is shown in the chart. Lastly, this is a monthly chart, so please have patience.
Included in the chart: Trend line, Ascending Channel, Support and Resistance Lines, RSI.
Have you read my Bitcoin: No Hopium Discussion 2? Check it out ->
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
TOTAL2 MARKET CAP ANALYSIS!!Welcome to this quick update on the TOTAL2 analysis.
I have tried my best to bring the best possible outcome in this chart.
A very good position for ALTS!!
As we can see from the above-mentioned chart the total market cap is retesting the upper trend line after breaking the triangle pattern just the line before.
This support level is also a crucial support level for the total market cap because breaking below and closing below this support level can be the worst scenario for ALTCOINS in the upcoming days.
IMO, the total market cap will hold this support just like before at the 170B LEVEL.
If the total market cap bounces fr this price level then we will be able to see a good green market soon.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
📊weekly overview of crypto market(May 9,2022)📊 🤗😉 What sup GUYS!? 🤘✌️
- in this overview I analyzed both 'Bitcoin' and 'Ethereuem' situation and 'TOTAL market cap' and 'TETHER Dominance' and the possible scenarios
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👉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 ,give a big thumbs 👍 and drop comment 🗯💭
🚨📛How long will the liquidity leave the crypto market❓❗ 😳🤗😉 What sup GUYS!? 🤘✌️
Also, the situation of the TOTAL index is similar to Bitcoin, which we see in since the last 6-7 weeks, a large capital of over 600-700 billion dollars has left the crypto market and is now traded under the ichimoku cloud and Pivot area . And as long as it does not return to the top of the pivot zone, it can be shrinked more to the lower support zones! which is in fact scary scenario for crypto market ,
maybe this is the game or war of the whales and at lower support we will defiantly see entry of huge amount of liquidity to the crypto market again in this case .
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👉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 ,give a big thumbs 👍 and drop comment 🗯💭
Breaks of a Parabolic TrendRight now we are experiencing bearish action which will ultimately result in a break of this parabolic trend, this might seem grim, however the past two times have led to a recovery of the trend
This might occur again and the bull market will resume.
The white zones of the RSI are the break points of the Trend
I am suggesting a further down move, but a stronger recovery to follow this.
I do not believe the Bull market is completely over. Perhaps im a permabull.
TOTAL - A Bigger Fall May Be ComingThe dotted trendline is a trendline that extends to the beginning of this ticker (TOTALMCAP)
Just as it did in the first situation, price fell below this line, and then attempted to retest, causing a large rejection
This is very similar to what is happening now
Comparable moves are around -60% on the TOTALCAP