Crypto Tests Positive for Corona VirusShowing the total crypto market cap chart here as there have been no cryptos safe from annihilation. First we had the sniffles and mild symptoms but now were quarantined and left to die. Bag holders may be feeling a bit grim today! If thats you then realize you decided to take some big risks - I respect you just for that - do not give up just yet!
Many will sell long held bags at a loss. Your money = your responsibility!
If we fail to hold a total market cap in the $160's billion range we will quickly fall another $30 billion give or take. Its worth pointing out that the $130 billion area is exactly where we were last year.
If anyone who reads this is affected by this illness or someone you love is I wish you peace and prosperity in this life or the next!
Marketcap
Market capSo what is happening in these days?
why the bears are so strong with this sharp price declining?
why the whales are putting out their assets?
There is not a certain answer for these questions but with no doubt the price will decrease when there are enough people to sell their assets to whales that is the potential for whales to enter the market and move the price.
It is hard to predict when this will happen but we can minimize our loss with stop losses.
BTCUSD - Why it could drop the next 6-12 monthsThere was heavy resistance on the monthly Ichimoku Cloud as the base and conversion line were at the same spot.
Being rejected, there is a high probability, that the price drops and the cross of the two lines is being confirmed, a bearish signal.
Furthermore we have the cloud, which is extremely narrow and therefore easy to break-through.
The lagging span (green lagging line) on the left crossed the priced, which is typically a bearish sign. Falling through price with force would be more significant, but still a good signal.
Not on the chart:
- We closed below the 10 SMA and 21 EMA.
- The weekly doesn't look good. We need to see how it closes tonight. Closing below 8750-8800 would be really bearish.
- The Total2 chart for Altcoins got heavily rejected in the monthly chart with a gravestone doji. I expect at least another 30 Billion to leave the market.
That being said, with or without halving I believe Bitcoin is going to have a hard year, confluencing with the current situation in the world and the struggling markets.
Happy trading!
BTC and the whole crypt denouement is close!Hello.
After market breakdown, the market capitalization goes to support testing.
If we manage to fight back, we will begin to dynamically move upwards with goals of 400 billion in capitalization, and up to $ 16,000 -18,000 in BPS.
But if we do not break through, then you can see at least 5k.
So the denouement is close.
Write in the comments where you are more inclined)
THE Cryptocurrency HyperwaveRSI right now corresponds exactly with that of Feb 2016, just before the 16 halving.
Cryptocurrencies will signify the next DOTCOM boom x70.
Everything is possible, nothing is impossible.
In a few years, people will come back to see this chart and gasp.
Although I wish to see the future, I simply cannot.
This chart is a mirror of what the next few years will look like.
A complete paradigm shift. People sold their houses and cars in 2017 to buy Bitcoin.
People will be selling their bodies to get into the next cryptocurrency hyperwave.
Human greed will be on display like never before.
Do not forget, it will all come crashing and burning at some point.
Just it has always done. Just as it always will. This is how cycles work.
LONG GLOBAL MARKETS FLOW INTO BITCOIN 2020If a black swan event is in play BTC will become the Sovereign fast safe haven for investors.
The world is switching from analogue to digital so to speak.
50K could be on the cards
cointelegraph.com
cointelegraph.com
www.cnbc.com
finance.yahoo.com
blockonomi.com
bitcoinist.com
www.youtube.com
COINBASE:BTCUSD
BITSTAMP:BTCUSD
BITFINEX:BTCUSD
BYBIT:BTCUSD
GEMINI:BTCUSD
BITTREX:BTCUSD
FOREXCOM:BTCUSD
BITBAY:BTCUSD
CEXIO:BTCUSD
OKCOIN:BTCUSD
CURRENCYCOM:BTCUSD
BITFINEX:BTCUSDSHORTS
BITFINEX:BTCUSDLONGS
BINANCE:BTCUSDT
BITTREX:BTCUSDT
POLONIEX:BTCUSDT
HUOBI:BTCUSDT
BINANCE:BTCUSDC
COINBASE:BTCUSDC
BINANCE:BTCUSDTPERP
COINBASE:BTCGBP
COINFLOOR:BTCGBP
FOREXCOM:BTCGBP
BITFINEX:BTCGBP
CEXIO:BTCGBP
BITBAY:BTCGBP
BITFINEX:BTCGBPSHORTS
BITFINEX:BTCGBPLONGS
BTCCHINA:BTCCNY
COINBASE:BTCEUR
CRYPTOCAP:BTC
OTC:GBTC
BITFINEX:BTCUSDLONGS
Real Alt Season Will Start In MarchI just posted an analysis on the queen of alt coins - ETH.
It matches perfectly with my longer term analysis of the alts market cap (crypto total market cap excluding BTC).
You can find the ETH analysis in the related ideas.
I do expect alts to pump a bit more until we get to the 115B area, then drop to about 85B area and from there we start the massive run.
If we fail to keep support of the 55 Daily EMA or the horizontal level of 85B, then we're in trouble ;)
Crypto Market Cap on the rise with upcoming Golden CrossTotal Market cap of all crypto is 270 Billion as Im looking at the chart on 2/6/20. We surpassed the previous resistance of 250 Billion on January 28th...and now our next resistance is at 300 Billion...but we are also forming a golden cross and looking back at history, when the previous golden cross occurred April 19th 2019 we went on a 130% upward tare in market cap from approximately 160 Billion to around 388 Billion....Bitcoin went from approximately 5200 to 13800 per coin during that time. It looks like a new golden cross is forming....could we make a similar jump upwards? I think we could, so many things are aligning. Upcoming halving + golden cross = huge potential
For you that don't understand what "golden Cross" means here is a quick explanation:
"In the trading world, a Golden Cross occurs when the 50 day moving average rises above its 200 day average. This is typically a telltale sign of bullish sentiment for a stock, reinforced by high trading volumes. Technical traders will often buy stocks in the moments following a Golden Cross and sell when the trend reverses into a Death Cross."
Remember trading is a risky businesses. Protect your capital at all times! It is a probability game, no amount if technical analysis make price movements a guarantee. Pick your spots, place your stop loss. Good luck!
Use this chart to spot an ALT or BTC cycle!
On top: the Bitcoin dominance. It corresponds to the % capital put into bitcoin.
At the bottom: the Crypto Total capital except Bitcoin (the altcoins)
Both charts are usually correlated.
When one goes up, the other goes down, and vice versa.
From this simple point of view we can expect a global pump in ALTs in the future months.
XRP Total Market Cap Attempting To Break Long Term Resistance Looking pretty nice on the daily chart for XRP total market cap. White line has acted as the last resistance in late 2017 bull run. Following the pump it was support for multiple touches before we broke below. A short term break above was pushed back down but stochastic RSI looking like it has plenty of momentum to carry us through.
What do you think?
not investment advice
Altcoin market capitalization, correctional scenario conditions Hello fellow trader,
depending on the price action of the next weeks, this projection might gain increased likelihood.
Watch the next weekly candle closely, there is the possibility that it might shape an evening star candle stick pattern -> www.investopedia.com
At least there is a dojo candle, which is an indicator for a change in trend.
The price needs to retake the former support (orange dashed line), the longer it lingers underneath it, the less likely an upward breakout becomes.
At the moment we see a big wedge might be formed by the larger correctional wave.
This is just my bearish view on the price action, don't take this as a direct advice for your asset management.
Trade safe
Nik
Cyrpto Market About To Bullcross: 50 & 100 Week MASimilar to Altcoin dominance looking bullish, the crypto market total capitalization is close to it's two year long resistance downtrend line, with a 50 & 100 Week MA bull-cross anticipated in a week or two, as well as on a Green 3 TD Sequential. I'm skeptical this can be broken this week, but if there is continuing rising volume, it's becomes trade worthy (2.1 reward/risk).
A close above the resistance trend-line, with the Green 3 above the Green 2 would be a case for a move to the previous swing high around $332B. Breaking below $210B would likely lead to a fall to the recently created support trend-line at $200B. CMF is positive and rising, MACD is bull-crossing this week, waiting for RSI to break above resistance level around 55 and into bullish territory >60.
Altcoin Dominance Eyeing Up A Breakout to 40% (January 2020)
Altcoin Speculation Coming Soon... (October 2019)
Altcoin Dominance Bouncing From 0.382 Fib Retracement (September 2019)
Crypto TotalMarket Cap Excluding BTC (Y20.P1.E13).ALTs done?Hi All,
It seems the ALTs have it their target and it reflects this on many of the ALTs
It would be wise now to flip to BTC or cash in.
Review last year's ALTs performances and it seems history will repeat.
Best of luck.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
Loading a dip?Hello everyone, this is our view on CRYPTOCAP:BTC.D , enjoy!
Analysis:
Most of alts are pumping hard by now, but they can hold this rally no more. So now i'm explaining: we're stuck in a big ascending wedge, which is currently supporting and resisting the price and i believe this is a lower retest after the sharp upper one. Then i drew 2 families of lines: bot-top (blue) and top-bot (red). I believe we'll follow them thoroughly. We've also faced a parabolic move which completes with next dip. We won't breakdown these two major patterns unless ma200 and ma50 form a death cross. Then i strictly recommend to go long on alts as they will pump a lot. First target when we'll turn long in the next days will be ema25 (69.65 ca). First signal of a reversal is the breakout of wma10. Large bollinger bands going down, we'll breakdown to oversold and then rebounce maybe after a little consolidation to let them stretch up. We already crossed ichimoku cloud, which is bearish itself, but it is also very thin next, so it won't act as a resistance for price to go up; they suggest we're then targeting 70.03. No change in trend suggested by fisher transform. Lower lows targets on laggings (chaikin, moneyflow, rsi), while they're just about to form bullish divergences with price going down. Stochastic (14,3,3), which also made a golden cross, and uo already formed a bullish divergence. Bearish momentum suggested by ao and macd (on it's way to form a bull divergence btw), bullish signal will be for macd to form a golden cross and for ao to mark 3 subsequent green candles. Fear accumulation this term, that's the begin of a downtrend reversal.
Strategy:
Wait for laggings to complete the bull divergence and then short on alts as they will bleed.
Targets: 68.90 - 69.65 - 70.03 - 70.06 - 70.96 - 71.14
An update is coming as far as this prediction ends.
Trade safe. Anlvis.
Tether MKTCAP by Bio-618Left-scaled Tether mktcap for your pleasure.
It charts the MKTCAP from the ticker, in a easy way to visualize the manipulation from the Bitfinex whales hehe
Bitcoin price use to climb up when Tether MKTCAP goes up.
I hope you can add it to your analysis. I will attach it to the onchain metrics from BTC network, I think it will sum up information pretty quickly for that layout.
Thanks!
Altcoins About To Experience A Bullish ExplosionHere we have the Market Cap Others Dominance (OTHERS.D) chart which is almost ready for The Year of Change, 2020.
Right now we have EMA50 and EMA100 working as resistance, but when these levels are broken, we will see OTHERS.D gain great momentum while moving up.
If EMA50 cannot be conquered this week, we are likely to see EMA10 (6.35) and MA200 (6.29) tested and from there another attempt at breaking EMA50/100 for the strong bullish jump.
We are likely to see astonishing growth for the Altcoins Market within 1-3 months.
Thanks a lot for reading.
Namaste.