Altseason
Crypto Total Market Cap Headed towards 5TTotal Crypto marketcap has sit the support zone around 2.6T and successfully bounced back from the support after forming two wicks on the weekly candle. This is a good sign that there is still bullish momentum left in the overall crypto market.
Currently the market-cap is around 2.9T and steadily increasing. I'm expecting the further growth in the overall market cap and to reach 5T in the next couple of months.
Follows us for more updates.
Cheers
GreenCrypto
ETH Retests Weekly Triangle Support & Will Pump 50% If It HoldsBINANCE:ETHUSDT is retesting weekly triangle support for the 3rd time. Last 2 times, ETH bounced after retesting.
If it holds again, first target could be $3,500 - $3,600, 50% up.
But if MARKETSCOM:ETHEREUM only bounces up to the triangle support and fails to break through, a new downtrend could be coming.
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Altcoins HELL almost finished .History doesn’t repeat but it often rhymes. The cycle rhymes again with a way more massive volume, last one took +1300 days to start explode and this one going for a bit longer now , tbh I could never see this hellish situation, it’s a deep filt.h which was unseeable but we still survived, every run has its own cycle a d in this one I see a glimpse of life .
We gonna stay but not for ever , I’m out good or bad October-November this year unless I see something very special on my charts so for now hold tight and remember as long as you holding you shi.t coins you haven’t lost.
DXY (Bitcoin - Alt Season - Bullish) everyone suddenly started posting DXY chart so I figured I should give my 2 cents on it as well.
People are finding hopes in DXY but main charts are still BTC.D and USDT.D
Monthly Chart has the whole picture
Weekly Chart (above) is what interests us
Breaking that Green Macro Trendline will be the 1st step towards success!
remember how yesterday everyone and their mothers were bearish except me?
This drama will continue, ignore the noise...
TAO - Extremely Bullishone of the few coins which are about to go in sub-wave 3 of macro-wave 3
haven't bought this one yet but might rotate a few weak positions to this if the structure holds
no idea what's going to happen to AI tokens (haven't looked into things yet, no time on hand) - sharing this purely based on TA
ETHUSDT (Ethereum) Using Elliott Waves: Back to 1K? Plotting waves on Ethereum: The current correction may be a larger degree wave (2) or a wave (4) consolidation. Taking either would depend on the analyst's bias.
In both the cases, what matters is spotting the corrective patterns and participating in the larger impulses.
The June'22 bottom is a relevant one as many coins bottomed out then. But have we made a long term bottom on ETH or not? This upmove on Ethereum does not seem impulsive in the eyes of EW. With the trendline broken and monthly RSI going for a reset, the alt season may not be here anytime soon.
If this move is supported, we can see a sharp decline in the coming months taking the price back to 1K (or slightly below). The political interference on crypto can keep giving random shakeouts so it is important to keep a firm view on either side. Until the price remains below 3K, I would like to keep my bearish view.
ETHUSD (Ethereum)A follow up from this:
Looking at the upmove from the $880 bottom in June'22, it's tough to consider an impulsive count. Since ETH has lagged compared to Bitcoin, the so called Alt season may take much longer than expected. Bitcoin completing it's cycle doesn't necessarily mean the Alt season begins simultaneously.
It will be interesting to watch this in the next few months. If this turns out well, I would expect a very sharp fall in the coming weeks (a noticeable quality in Wave c). However, those levels would give amazing opportunities in Eth and the other few good Altcoins.
Potential Pattern for Altseason 20252020 Altcoin Season Bull Run:
Large Head & Shoulders Bottom ➡︎ Pullback ➡︎ Breakout of Downtrend Line → Massive Pump
Current Situation:
Large Head & Shoulders Bottom ➡︎ Pullback ➡︎ ❓
Do you still believe in the bull market?
Leave a comment!
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Bitcoin Final UpdateEverything on the charts...
Up to you now... Yes... I believe it's just Reaccumulation
Look at the previous posts for more explanation and all perspectives
I'm holding and I'm bullish...We will witness an alt season this year (those saying we won't will be proven wrong...)
BTC.D will fall and strong alts will rise (with massive returns)
Until Next Time...
HBAR - 50% - 250% Bounce IncomingMartyBoots here , I have been trading for 17 years and sharing my thoughts on ADA here.
HBAR is looking beautiful , very strong chart for more upside
Very similar to the last time when it bounced 250%
Do not miss out on HBAR as this is a great opportunity and is setting up in the near future
Watch video for more details
ADA - Giant Cup & Handle Pattern Just Like ETH MartyBoots here , I have been trading for 17 years and sharing my thoughts on BINANCE:ADAUSDT here.
.
BINANCE:ADAUSDT is looking beautiful , very interesting chart for more upside
and is now added to the USA Strategic Reserve
Do not miss out on BINANCE:ADAUSDT as this is a great opportunity
ADA Strategic Reserve
Watch video for more details
USDT.D Macro Update ( Alt Season ? )everything on the charts
I'm still holding my alts
For traders, this is one of the best charts in town (to find local tops and bottoms for potential swing opportunities)
This tells the whole story
If Invalidation occurs, I'll reconsider all my traders.
(not in the mood of writing much, check out the previous posts for more explanation + everything's on the chart)
BTC.D - Alt Season (Rotation from BTC to ALTS about to begin)only 3 charts you should care about from now = BTC.D , USDT.D and Total 2 (/3/others)
strong utility tokens will win from here
CRYPTOCAP:BTC is weak, (IT WILL DEFINITELY HAS ITS LAST RALLY THOUGH - check out my EW count and the target I've been speaking since 5th Aug)
either it consolidates here and complete its subwave 5 of macrowave 5 later or do it now and distributes later, the time for alts to shine has come...
Few more weeks of pain left. I don't recommend selling here, keep the HODL
but rotation has almost started... whales are taking profits on Bitcoin and time for our shitcoins to outperform from here...
PS. We might see new lows (than 3rd Feb) but the RR is not worth it, never sell in the middle (unless you are invalidated)
Look at the Macro chart for in-detailed analysis on BTC.D I did a few weeks ago
$BTC Macrolast idea remains intact—we are still bullish. Alts have held strong while BTC plunged. (I don’t own any BTC, and neither should you above $100K.)
I predicted the exact $15.5K bottom on X, as well as the August 5th crash and bottom. Unfortunately, I wasn’t on the charts in December and missed the biggest, clearest signal on USDT.D for a potential local top, which otherwise would have 2x'd my current portfolio but mistakes were made)
BTC taking the hits while alts hold steady is a strong sign that whales are taking profits from Bitcoin and preparing for "rotation".
Most traders believe the cycle is over—and there are valid reasons for that (some of them are):
- A monthly bearish engulfing candle
- A structure resembling the 2021 top, suggesting one last rally before the bear market
- Worst of all, double bearish divergence on the monthly, which worries me too
However, there are strong counterarguments.
The biggest? The cycle has never topped with BTC.D this weak. That’s why I’m still leaning toward a bullish scenario until proven otherwise.
Update on the above chart:
The parabola is intact with a beautiful reaction. That doesn’t mean we can’t still visit the red box—there’s only air between them—but I’m holding, and that remains my primary scenario.
Alts can make new lows, but RR isn’t worth it. As I’ve said before, the time to sell spot bags has passed. You don’t sell in between unless invalidation occurs.
Timing is everything. We failed to time this market, assuming it would mimic past cycles—but everyone was wrong. Traders won this cycle, while investors (except BTC holders) struggled... until now, at least.
ONLY DIFFERENCE BETWEEN BOTH SCENARIOS (MENTIONED ON CHART) FOR ALTS?
You have to wait way longer on the second scenario but both would take us to our goal.
Worst case? We break and HTF close on USDT.D - last hope, officially ending bull market!
$USDT DOMINANCE ANALYSIS USDT.D is approaching a major downtrend resistance.
A rejection from this level could trigger a pullback, forming a lower high structure before targeting the key support zone at 3.80%.
Bearish Outlook:
Rejection at resistance 5.30% zone, Lower highs formation
Potential drop to strong support
What This Means for Crypto?
A decline in USDT dominance usually signals bullish momentum for #Altcoins & #BTC!
Keep an eye on the reaction at resistance.