Altmarket Total2 weekly log chart about to have a golden crossShown here is the channel/bullflag and the cup and handle the weekly total2 log chart’s price action has ben forming. It is now forming the handle portion of the cup and handle ad we can see we are about to experience a golden cross of the weekly 50(orange) and 200(blue) MAs in the next couple weeks or so. If the weekly 50ma can hold support then odds are good this thing can break up from its cup and handle and flag maybe by august or september. Possibly sooner possibly later but for now the breakout point of this handle and flag must remain speculative until we see a validation of a breakout. I roughly estimated a width for the handle by factoring in the weekly 50ma being able to hold support. If the weekly 50ma lost support I would then look for the monthly 50ma(not shown here ) to be the ultimate support. Some exciting targets here for the total2 alt coin market once these patterns validate their breakout. The cup and handle certainly seems like an attainable breakout target for the current bull cycle. The entire flag target seems like it could maybe potentially take 2 bull racket cycles to reach, however, If the 17 trillion target on the regular total cryptocap chart can be reached this current bull market. It’s possible that the high target on this chart could be reached this cycle too…this would likely only be if a currency like XRP, solana,link or possibly a mixture of them all suddenly took a lions share of the total market cap away from bitcoin..which seems unlikely…but if for some reason xrp was given for regulatory clarity once the sec ripple case was resolved, there is a chance all the financial institutions could start piling into it with as much ferocity as they currently have been doing with bitcoin….if so, the upper breakout target on this total2 chart could then be completely attainable in the current bull run. For now though I’m only setting my sights on the c&h target for total2. Will update the c&h target more precisely once a breakout point is established. *not financial advice*
Altseason
This SOL Chart Makes Me Want to Cry. Black Swan EventZoom out. Pull macro fib time. Pull a monthly supply at ATH. Pull a measured move from ATH to bear market low. Measure from current high. Look at the beginning of a Wyckoff Distribution Schematic. Cry myself to sleep. In that order
We're going into a bear market until April 14th, 2025
📈DYDX is going to retest or fall further📉 BINANCE:DYDXUSDT
KUCOIN:DYDXUSDT
Hello traders.
I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention.
right now, there are 3 scenarios in front of the traders.
in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of the pitchfork.
in 3, due to the heavy sell pressure, the price can sorely decrease below the 3.498 level. In that case, the bearish target would be $3.153.
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USDTD / USDT . D ( USDT dominance ) macro analysis ⏰Expecting target's
🎯 3.5% >> 4.5/5.5%
🎯 2.8/2.2% FINAL target 🎯 then return back 🔙 new high 💰 --- 9/11%
The index CRYPTOCAP:USDT.D is key 🗝️ role for crypto industry BITSTAMP:BTCUSD
If any leg below 2% then possible target 🎯 1.7/1.4% ( #imo not possible )
🤝 It's me your :-: RAJ professional trader :-: support 📌 share 🤝 boost 🚀
Just follow article for future updates 📌 TQ u
The next alt season.The relative strength oscillator begins to lean towards the alts, after an initial important upward movement in BTC, the alts seem to want to follow the trend. I can deduce this from the fact that for the first time in the last two years, the oscillator has been downwards for longer than upwards, furthermore it has pierced the previous low, therefore added to the alts charts which are mostly set upwards, we can hope that this is the beginning of the new alts season. I don't expect the crazy percentages of previous years, but I can't rule it out for sure. The only thing I can do is expose myself more towards the alts hoping to have hit a good moment to establish that we are in the alts season. I put some signals in the history to see what happened in the past, it is clear that once the zero line was broken, then a period almost a year and a half long began where the alternative currencies to bitcoin had better performances than to the queen of cryptocurrencies.
SHRAP is a AAA web3 game token on Avalanche. Nuff said. Shrapnel is a AAA web3 FPS building on an Avalanche subnet - Items and characters are NFTs, and they just launched $SHRAP, which will power the whole economy inside the game. They have industry veteran team (some of whom I've had the pleasure of interviewing) and they are based in the US, in Seattle. Oh yeah, and their version of "influencer marketing" is Arthur Hayes regularly shilling the project on twitter. I'm serious.
Since launch, SHRAP has been on an absolute tear. I'm doing some scalp trading, but will also be buying and holding spot because I believe this is just the beginning. The web3 gaming narrative is a strong one this cycle, and with EURONEXT:AVAX pumping to the moon, savvy traders will be buying the most promising projects on that chain. In that sense, SHRAP has both the gaming narrative and the alt L1 meta cycle working in its favor.
As for technicals, it seems to be printing a bull flag after briefly touching the .5 fib but getting bought right back up again. Bullish.
I've been following this project for over a year and all I can say is that I wish I trusted my own alpha. Time to put my money where my conviction is.
happy trades,
CD
Solana UP 87% - ALTSEASON upon us!📉Hi Traders, Investors and Speculators of Charts📈
Solana is up 87% in the past few weeks, and it's one of the altcoins that have seen the best gains in a 24h time frame. This is usually a good time to secure some profits.
I've been bullish on Solana and other altcoins for 2024, find the other alts I am watching here:
From here, I expect micro cap coins to start making their rallies. ARE YOU PREPARED FOR ALTSEASON 2024?
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KUCOIN:SOLUSDT
If you went with the $FLOW, you likely DROWNED, lmao.This must be the weakest, dumbest shitcoin in existence. It is even weaker than CRYPTOCAP:FIL , which speaks volumes. This shitcoin is still down 97% from its all-time-high and has not had a significant rally despite the entire crypto space mooning into orbit.
Remember the shills when they tweeted and posted tradingview ideas about this ponzi, telling you to just go with the EURONEXT:FLOW ? If you went with the #FLOW, chances are you drowned or still drowning.
I expect this shitcoin to dump into the depths of hell soon.
HUGE RED FLAG: This shitcoin is traded on every major exchange and on every major pair and supposedly has mega high volume, but is unable to even rise $0.05 and hold it. MAJOR RED FLAG, shows there is no demand, only bagholders keeping each other down and preventing each other from going over water and floating with the #FLOWUSDT instead of drowning with the #FLOWUSD (or #FLOWBTC).
KRAKEN:FLOWUSD COINBASE:FLOWUSDT BINANCE:FLOWBTC
MDT Will Moon Like FET - DO NOT MISS IT MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
MDT has had a very strong breakout , These breakouts can often continue longer than people think. MDT should have a breakout like FET and continue to moon. This has very good market structure and good price action . These structures are how you can make good returns on investment / on your trade
Please watch the video for more information
Those who went with the $FLOWUSD are ... DROWNING! Big Shitcoin!This must be the weakest, dumbest shitcoin in existence. It is even weaker than FIL , which speaks volumes. This shitcoin is still down 97% from its all-time-high and has not had a significant rally despite the entire crypto space mooning into orbit.
Remember the shills when they tweeted and posted tradingview ideas about this ponzi, telling you to just go with the FLOW ? If you went with the #FLOW, chances are you drowned or still drowning.
I expect this shitcoin to dump into the depths of hell soon.
HUGE RED FLAG: This shitcoin is traded on every major exchange and on every major pair and supposedly has mega high volume, but is unable to even rise $0.05 and hold it. MAJOR RED FLAG, shows there is no demand, only bagholders keeping each other down and preventing each other from going over water and floating with the #FLOWUSDT instead of drowning with the #FLOWUSD (or #FLOWBTC).
Bitcoin might go down even more perfect time to buy altcoinsBINANCE:BTCUSDT
what i see from the situation here we may be in a down trend for some time.
but i think this correction is a great opportunity to buy some altcoins as bitcoin cools off a bit .
i can't say precisely how much more we go down but the low 60k$ to high 50k$ range is not out of the equation. but we will pump fast and hard when this correction ends and alts will most probably fly and explode . so stack some bags while we have a chance .
if you want to know what altcoins i personally buy send me a private message and i will curate a personal portfolio in accordance to your capital .
📈DYDX quick long-position📉BINANCE:DYDXUSDT
BYBIT:DYDXUSDT.P
Hello dear traders.
If the price does not return below the $3.8 level, the bullish scenario will be strong.
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XRP COULD slowly creep to $1📉Hi Traders, Investors and Speculators of Charts📈
XRP is notorious for pumping and dumping, but even after BTC clocks a new ATH, XRP is still trading under $1 and exponentially far below it's previous ATH.
From a macro perspective, we can clearly see the price increase - gradually, but we're stair stepping up. XRP usually dumps harder than BTC when there's a correction and the XRPBTC chart is still in prison. However, if we consider the XRPBTC chart, it is more likely that XRP will GAIN ground n BTC, instead of weakening more against BTC:
Now if you've been following me for a while you will know I am no longer an XRP fan... It pains me to label this post as "long" for the lack of better options BUT, there is opportunity for the price to move towards $1 from this perspective. Unfortunately, many like myself, will look to sell at these zones which creates a heavy resistance.
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BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPBTC
Cardano(ADA) is Ready to Fall at least 🚨➖10%🚨🏃♂️ Cardano(ADA) is moving near 🔴 Heavy Resistance zone($1.053-$0.746) 🔴 and Resistance line .
🌊According to Elliott wave theory , Cardano(ADA) seems to have completed Zigzag correction(ABC/5-3-5) .
🔔I expect Cardano(ADA) to start falling again from the 🟡 Potential Reversal Zone(PRZ) 🟡 and at least fall to the 🟢 Support zone($0.661_$0.633) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Cardano Analyze (ADAUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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GMT Idea | GMTUSDTHELLO FRIENDS,
Today I'm going to share with you my tough about BINANCE:GMTUSDT , One of the most promising coins.
I believe GMT have alot of potential and currently the best time to open BUY position is NOW.
This is just my opinion, so I recommend you do your own analysis before open any positions.
CHEERS!!
CAUTION: Arthur Hayes Likes This Coin, So Expect It To -90%!CAUTION!
Filecoin is a coin being shilled by Arthur Hayes, he even expect it to go $100, which is extremely unlikely.
It is obvious he doesn't know A THING about the coin's massive inflation.
Because of this, it could drop to $1 more easily! You have been wanred...
11/03/24 Weekly outlookLast weeks high: $69934.6
Last weeks low: $64483.4
Midpoint: $59032.3
Bitcoin experiences its highest ever weekly close in history falling just shy of $70K . The previous ATH tested and bested multiple times during the previous week and broken yet again already this week hitting $72K ! The Market Cap has overtaken Silver to become the 8th largest asset by MCap . We are now in price discovery territory and ~38 days away from The Halving .
Blackrock continues to buy and now closes in on MicroStrategy who has been accumulating since August 2020. MicroStrategy recently bought another 12,000BTC to stay in the lead but it looks like BlackRock will inevitably overtake them in holdings.
BlackRock: 2 Months - 195,985
MicroStrategy: 42 Months - 205,000
Bitcoin has maintained its march onwards and Ethereum still lags behind. A close eye on ETH/BTC pair shows that on the 1W 200EMA is now flipped to support after breaking out of a multi-year channel since May '21 . ETH after broking $4K ~20% away from ATH.
Altcoins along with Ethereum are still lagging as BTC dominance continues to rise, however it doesn't necessary mean BTC is a better investment, once BTC dominance looks to have topped, the Altseason will allow Altcoins to catch up.
This week we continue to monitor the progress of the crypto market on the leadup to The Halving .
ALT Season on Verge of Breakout? This is the way...Are your bags packed? Are you ready to go?
It appears we are on the verge of Alt Season as Total Market Cap excluding BTC & ETH is ready to break to the upside. Now that people are sitting on BTC gains at All-Time Highs, I would start looking for rotations into hyped up Alt projects - NFTS, Stable Coins, and Pepe's and just classic Shit Coins. As long as the Government is mathematically obligated to print, all that shall trade shall pump. This is the way.
If this breakout fails (and BTC sells off hard), I would look for the market cap to test the 70 RSI level for support before reloading for another leg higher. The RSI is pretty over-bought on higher timeframes (3-Day, Weekly) at the moment.
Trade Advice: Take Profits. Shit will pump & dump. You don't need to sell entire positions all at once. Scale out on a schedule when you're sitting on Fat $tacks and Gains. Be OK with not realizing all the paper gains. Be stoked to have a balanced portfolio and in positioins to strike on the next opportunity.