Is the LINKBTC chart projecting more #DEFI & #ALTCOIN pain?Since topping out nearly 4 years ago
the #LINK versus #BTC ratio has been down and to the right, with relief rallies being sold into.
Clear trend of lower high's and lower low's.
The trend has not been friendly to the Link Marines!
Are we repeating the tale of #XRP and their faithful army?
Both get dumped on by the their respective foundation or founding company.
Both claim Banks will use their products / software ...
Link does have #CCIP usage but it is not the only #interoperability solution.
We already have #RWA on the blockchain.. they are called #stablecoins.
Either this ratio is in danger of breaking down.
Which maybe signalling a broader #Altcoin market demand destroying period....
Could #geopolitical tensions explode this summer to cause a massive #RISKOFF event and the #Dollar to spike?
ALTS
Don't F@ck up the Banana zone!This is the Others marketcap vs the Bitcoin Market cap chart.
With their respective Banana zones for the past couple cycle and the current one we have already started.
The KEY takeaway is you should be feeling the FOMO and kind already have been deployed into your favourite #Alts
This #altseason may yield one of the worst performances in a cycle --- which I have warned a few times now. And finish sooner than you think.
If you had waited for confirmation of a altcoin breakout and rotated/bough at the sad face this how your returns would have been crippled.
21 X ----> 5.8X 2017
6.4X ----> 3X 2021
3/4X -----> 1.75X/2.3X 2025
Drastically different.
I hope you have found this chart informative. Smash the likes.
$ETHBTC x $BTC.D#Altseason is inevitable!
CRYPTOCAP:BTC.D ➡️📉 BINANCE:ETHBTC ➡️📈
#Ethereum is undeniably a major leading force and a major indicator for #Alts .
#Bitcoin dominance is at major resistance level while BINANCE:ETHBTC is rejected at major support level and is poised for an epic comeback!
DOGE: Big Moves Ahead? Here's What to WatchDOGE is hanging at a key level. If we break $0.187, the next stop could be $0.20 or even $0.236 if the momentum is strong. If it dips instead, keep an eye on $0.178 for a possible bounce. Stay patient, keep it simple, and let the waves guide you.
Mindbloome Trading / Kris
Trade What You See
Send me a DM if you like, boost, or found this helpful
BTC dominance reveals how to navigate crypto cyclesHello everyone,
this one is for patient (long-term) traders/investors, not for those chasing daily gains or short term swings.
We are looking at BTC dominance chart. BTC dominance is currently at 60%, which is pretty high.
Everyone who follows cryptos for some time should know how crypto cycles work. BTC is king and always leads the way. BTC if the first one to start the bull run, altcoins follow. When BTC is near its peak, money transfers into ALTs --> start of ALTSEASON.
The first peak of altcoin season was January 2018. BTC dominance was at 35%. After Jan 2018 we went into a bear market. BTC dropped in value, ALTCOINS dropped even more. Consequently, BTC dominance went up.
BTC dominance reached top at 74% in Jan 2021. That is when ALTSEASON started.
THIS DOES NOT MEAN THAT BTC REACHED TOP in Jan 2021.
BTC rose from 40k to 70k between Jan 2021 and Nov 2021, but ALTs in this period made bigger gains.
BTC dominance in this period plummeted from 74% to 40%, creating a base for future.
From Jan 2023 BTC has been rising and increasing its dominance, currently sitting at 60%. I am positive it will not break high of Jan 2018. Next strong resistance is in the area of 64-67%, I expect dominance to reverse in this area.
BTC has already made a new ATH, but total crypto market space is not at an ATH yet. So ALTs are lagging in comparison to previous cycle.
I believe we are at the start of ALT season and I will be looking into ALTs for my last gains this cycle. Check my other posts to see which ALTS I am considering. I will also be posting some other ALTs in coming days/weeks, so subscribe to stay notified.
Good luck to everyone.
ARKM Will EXPLODE Like LUNA Did Last Bull Market MartyBoots here , I have been trading for 17 years and sharing my thoughts on ARKM.
ARKM is looking beautiful , very STRONG chart for more upside
Very similar to LUNA and FTM last ALTSeason and they exploded 400%-800% higher
Do not miss out on ARKM as this is a great opportunity
Watch videos for more details
Altseason 2025 is about to start.The crypto total market cap excluding the top 10 dominance just entered the bottom zone of the 7 year Channel Up.
After a symmetric -60% correction during the 2022 bear cycle, similar to 2018, this is now the time for the last 1 year rally.
This will be the Altseason of 2025, stronger than the one in 2024.
We expect the price to reach as high as the 1.5 Fibonacci extension.
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#Altcoin run is programmed in the medium term.2025 will be unique for #Alts and #Bitcoin
The impact of the elections in the US on financial markets can be significant. A win by #Trump or Harris could have different effects in terms of economic policies and market expectations. If Trump wins, it is possible that prices will rise even more due to high inflation expectations in the markets. If #Harris wins, it is expected that the #Fed will continue with its current monetary policies, so although there will be price fluctuations in the short term, it is possible that the bull run will continue in the long term.
It should not be forgotten that the election results are not only related to short-term effects, but also to medium and long-term economic fundamentals and central bank policies. 🤝
VECHAIN another failed blockchainThis chart is of #VET priced in #BTC
A massively hyped supply chain project.
Another problem that didn't need solving by cryptography.
The chart has a massive head and shoulders is below a major previous low
and after this bull run, I can envisage losing more value.
#FinancialDamage
OP Building A Powerful Bottoming Structure MartyBoots here , I have been trading for 17 years and sharing my thoughts on OP .
OP looks great , its currently building a giant broadening wedge pattern and this looks like it should hold targeting the top range
Its getting into a very important time for these ALTs and they should start running bottoming for a move up into new year
NOT - FREEFALL Possible for NOTUSDT NOT is short term bearish as we lose the higher-highs and form a bearish M-Pattern in the daily timeframe.
In an earlier post, I made an important note on how to trade newly released altcoins - and share a key fact that is might come handy for NOTusdt:
Additionally, we've fallen below the 50d Moving averages in the daily timeframe - also a bearish indicator for the immediate term.
Don't miss this update on BTC, as BTC will determine the direction of most of the market:
_______________________
BINANCE:NOTUSDT
Finally Altcoins Are Ready For Massive Bullish Rally Finally Long Awaited Consolidation Has Broken Its Massive
Descending Broadening Has Already Confirmed Seems Like Crypto Market Will Continue Recovery In Coming Weeks Expecting Strong Bullish Rally In Good Reliable Solid Projects To Give At Least 2 3 x Bullish Rally In coming Weeks
WAT strong Altcoin broke out of very strong patternMEXC:WATUSDT.P
MEXC:WATUSDT
GATEIO:WATUSDT
MEXC:WATUSDT.P
WAT, still on the thin side - but shows alot of strength.
It just broke out on the 0.0005 level, giving it potential upside over the next few days.
After DEEP, WAT is one of the strongest Alts in the market right now, besides APE, too.
WAT, DEEP and APE should be watch for continuation patterns on volume.
That is for long term entries or momentum Traders.
IF Bitcoin breaks out, we could see more spurts in these.
Let us see where WAT is headed.
DEEP Altcoin on the rise - more gains ahead?At this time, DEEP, a SUI supporting coin is one of the strongest Altcoins in the market.
With BTC at key breakout level, DEEP/USDT could lead to further gains and continue it's trend higher, if it will not break lower. Given the momentum in DEEP, I think we can see 0.1 by the end of the week and further gains in a longer time period.
Always enter at your own risk and remember that investing and trading is risky.
DEEP remains strong.
HarryPotterObamaSonic10Inu to get on his Broomstick to $1.20Yes I know it is up 4X in a month
But it has momentum, strength, uniquness, newness, deep liquidity and its ontop of the mother chain of speculation #ETH.
Let alone the continuation pattern that we have in front of our eyes.
If I had fresh funds that had just came into coinbase these are the coins you should be on the hunt for.
The new ALTSEASON is starting. Will you miss the train?We see many indicators both technical and fundamental this week that point out the alt coin market may be on the verge of a price explosion, what we most commonly refer to as 'Altseason'. So far on this Cycle we've had the 1st from June 2023 to March 2024. The 2nd however that completes the Bull Cycle, tends to be more aggressive.
On this chart we view the Crypto Total Market Cap excluding the Top 10 on the 2W time-frame. As you can see, the price found support on the MA50 (blue trend-line) for 4 consecutive candles and now with higher closings, looks ready to make the decisive break-out.
Relative to the previous two Cycles, it appears that we are on the exact part on the 0.382 Fibonacci retracement level, where both final Parabolic Rallies (altseason) started. The RSI and MACD in particular showcase significant resemblance with December 2016. A MACD Bullish Cross, is the only indicator left to confirm the rally.
Since both of those historic rallies reached at least the -1.5 Fibonacci extension, there is no reason yet to expect otherwise. As a result, a 3T target towards the end of 2025 appears to be feasible.
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ALTSEASON is starting. Pick your alts!This chart shows the Crypto Total Market Cap excluding BTC on the 1week time frame.
We are at the part of the Cycle where, after a very long accumulation, the market posted its usual Bull Flag that historically precedes the final 1 year rally.
Get ready for aggressive gains on alt coins.
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