TOTAL Marketcap / Crypto Total Market Cap
TOTAL weekly analysis week 13 March 2026. TOTAL is trading in a bearish corrective environment where the most recent bullish attempt has been fully retraced, keeping pressure on any bounce until structure confirms a reversal.
- The TOTAL index shows us that the last bullish candle was completely corrected, possibly printing a double bottom.
- On the lower timeframes we need to look for a clear sign of reversal. If we can see that, we might see a continuation of an ABC correction of the larger weekly bearish impulse
Market Structure Analysis
From a naked trading perspective, a full correction of the prior bullish candle typically signals that buyers failed to defend the prior demand zone, and that the move was corrective rather than impulsive.
With TOTAL daily analysis turning bearish in PHASE 1, the key question is whether price is carving out a base (the “possibly printing a double bottom” idea) or simply pausing before continuation lower.
If a double bottom is developing, our analysis expects a clear shift in market structure on lower timeframes first: a break of structure followed by a clean retest holding as support resistance flips. Without that confirmation, any bounce is still best treated as corrective within the larger weekly bearish impulse.
Key Levels and Scenarios
For TOTAL daily analysis, the bullish corrective scenario requires price to hold the potential double bottom area and reclaim a nearby horizontal resistance to validate a reversal attempt. The bearish continuation scenario remains active if price rejects from reclaimed resistance and breaks back below the developing base, aligning with continuation of the weekly bearish impulse rather than an ABC recovery.
- Potential double bottom zone as the primary support area to defend
- Breakdown level below the developing base as bearish continuation trigger
- Nearest reclaimed horizontal resistance as the first proof of reversal if flipped to support
- Structure pivot from the last fully corrected bullish candle as a key reference point
This analysis is for informational purposes only and does not constitute financial advice.