Altcoins are about to run hard!
Updated
Good day Traders-investors,
Today im looking at the others chart. This only altcoins lower than top ten and it excludes stable coins. I have provided three different time lines, The one week (Top left) the one month (top right) and the 2 week on the bottom. All of them are looking very bullish and are building to fairly substantial move over the next two months.
This also coincides with the timeline of the cycle (not included here) a big move is coming. According to the cycle (bitcoins cycle) bitcoin will run for approx 4 weeks, top out and then correct. The bounce of the correction will lead to altcoins top weeks after bitcoins.
The others first need to pass the area of 156 158 million as a first major resistance level. After that a run to 256 million is likely in fairly quick succession. If the others does happen to hit this level it will serve as major resistance and should top out there. I would most likely expect it to hit it than not to.
Indicators to look for..
On the weekly, the RSI has broken through the resistance levels and right now is retesting it as support, all good.
On the monthly, The RC1 3 lines has an all important cross with the red line. The ASO is about to have a across with the blue line crossing above the red line.
On the 2 week, the RSI is trying to push in the last resistance area, the rci3 lines have already had major movement are aligned for more growth and the ASO has had a cross and looks to be widening.
These are all very positive for the OTHERS.
please don't hesitate to ask any questions or add comments down below.
Kind regards
WeAreSat0shi
Today im looking at the others chart. This only altcoins lower than top ten and it excludes stable coins. I have provided three different time lines, The one week (Top left) the one month (top right) and the 2 week on the bottom. All of them are looking very bullish and are building to fairly substantial move over the next two months.
This also coincides with the timeline of the cycle (not included here) a big move is coming. According to the cycle (bitcoins cycle) bitcoin will run for approx 4 weeks, top out and then correct. The bounce of the correction will lead to altcoins top weeks after bitcoins.
The others first need to pass the area of 156 158 million as a first major resistance level. After that a run to 256 million is likely in fairly quick succession. If the others does happen to hit this level it will serve as major resistance and should top out there. I would most likely expect it to hit it than not to.
Indicators to look for..
On the weekly, the RSI has broken through the resistance levels and right now is retesting it as support, all good.
On the monthly, The RC1 3 lines has an all important cross with the red line. The ASO is about to have a across with the blue line crossing above the red line.
On the 2 week, the RSI is trying to push in the last resistance area, the rci3 lines have already had major movement are aligned for more growth and the ASO has had a cross and looks to be widening.
These are all very positive for the OTHERS.
please don't hesitate to ask any questions or add comments down below.
Kind regards
WeAreSat0shi
Note
When will they run? Although there might be turmoil, We are in the beginning of a bull cycle. The markets tend to reward the patient hands.Note
The news is bad but the signals are strong buys!!
Note
Lets have another look at the OTHERS chart on the monthly. Firstly, regardless of what happens over the next few weeks this chart is a screaming buy!!! Lets see why.THE FACTS...
Double bottom circled Bullish engulfing candle in January, then a retest with a dragonfly doji candle in June.
It is now Pushing up against the CM ULTIMATE MA with a couple very important crosses lingering. Of course, this all depends on Bitcoin and what direction it goes in the near future.
Could OTHRERS retest once again the support zone? Yes of course. That doesn't negate the fact that your favorite altcoin is in a blowout sale ATM!!
Note
Altcoins are running as expected. However, they still have not made their big move yet. They will top out approximately 4 weeks after bitcoin tops. It looks like mid December is where this can happen.Note
230 Billion is the first MAJOR RESISTANCE ZONE.Note
When this chart was made the OTHERS was at 119 billion, we are now at 176 billion with way more to go. This was only the alts entry to the bull run that has been going on all year.Note
Total 3 could go to 375 billion withing the next month. 375 is the absolute top for this move.Note
big bounce coming for OTHERS. It could start as early as this weekend no later than next week.Note
Congratulations to anyone who bough and has made money. Altcoins the rest of the cycle are looking god for amazing moves over the entire 2024 period.Note
Wyckoff anyone?Note
Is Tsuka preparing a move to the moon soon?I'm not sure about moon... However, I do believe another leg up is coming.
Note
ALTCOINS RAN HARD!!!! Will They Continue?Note
TSUKA EXPLODING TO MOON!!Congrates to anyone who bought on our recommendation.
Note
Energy web looking very good for a strong run!!Note
Is XRP about to start a massive trend reversal?Note
Providing SNX makes this fib level of .382 support, then the SNX next major target is $15Note
The Tsukas correction might be over!! Before the correction Tsuka had a very strong move up. It was one of our coins that we were observing. If it's weekly close in 3 days is around the 4 cent level it will print a dragonfly doji, which is a very bullish candle.Note
Altcoins are about to run hard AGAIN!!!Note
ORION SHOWING SIGNS OF STRENTH
tiktok.com/@wearesat0sh1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.