Greetings,
What is total2? TOTAL2 shows total market capitalization of the top-125 cryptocurrencies, excluding Bitcoin.
Both total & total2 are extremely important tickers on TradingView to use as analysis tools and general understanding supply and demand within the markets.
Another chart I like to use it when assessing TOTAL & TOTAL2 is the 1YR HODL chart. You can see with the picture below that the HODL Wave typically declines as BTC price increases; and rises when BTC price decreases. This could be used as as an indicator to time market entry/exit.
1YR HODL WAVE
Remember, nothing is guaranteed, control the controllables.
Mogues
What is total2? TOTAL2 shows total market capitalization of the top-125 cryptocurrencies, excluding Bitcoin.
Both total & total2 are extremely important tickers on TradingView to use as analysis tools and general understanding supply and demand within the markets.
Another chart I like to use it when assessing TOTAL & TOTAL2 is the 1YR HODL chart. You can see with the picture below that the HODL Wave typically declines as BTC price increases; and rises when BTC price decreases. This could be used as as an indicator to time market entry/exit.
1YR HODL WAVE
Remember, nothing is guaranteed, control the controllables.
Mogues
