Altseason
very lil TA skills Altcoin 3 optimistic guess from here As of now I still have very little TA skills, and on this optimistic version of my guess/prediction from here, I just used the same few revelations I came across when I did my first ever btc chart (finding a parallel channel that fits previous price action, and then just duplicating the the parallel channel and stacking it, to get a basic blueprint of an overlay of potential resistance and support lines), combined with TA techniques from free Crypto Crew University youtube videos and an aggregate of other youtubers here and there, and I'm probably using some wrong but yea, this is my 'bullish' and optimistic guess/prediction as a first full cycle 'retail' hodler.
If i'm not going on what I want to happen, my bearish feeling and guess/prediction would be, a 25%-35% sell off before or after thanksgiving, and either going back up shortly after and keep running through 2025 or worst and what it feels like, toping out around the 10th-14th of December.
Feel free to tell me what will likely happen if you are an experienced TA chartist.
Bitcoin $157kBitcoin is currently turning $92.7k into it's new support. Altcoins are gearing up to rip including Ethereum and especially Sui. Bitcoin is going to spark altcoin season with a run to $157k. If we get there it's very likely to be overheated and experience a move back down to where we are now at $92.7k. We'll know more looking at the futures market once we get there. Good luck and happy holidays!
Litecoin's historical pattern & Fib logA few weeks back I made a chart on Litecoin named "Litecoin and it's historical patterns" linked in this chart down bellow. This is literally the same exact chart but I've added the "LTC Log Curves based on Fibonacci math sequence. Look at how good it's fit on the original analysis!
On the bottom I have the "Litecoin Wizard" I'm not entirely sure what this is based on but I do believe it's on chain information. I have added to this indicator a support level (buy area) and a Litecoin hyper level that is above the yellow line and heavy profit taking area. As we can see it's not there very long, so when it is take advantage of it.
Back the log curves, assuming LTC stays within a this growth channel and doesn't break below the green area, we can reasonably say that eventually LTC will hit the top of this curve (red area) again one day in the future. That area if hit sits at a possible 2500 LTC in 2025 to 2026. You have to keep in mind that it might never hit the top of the channel ever again, there is no guarantee of it.
By combining both of these indicators one could find a very good sell area and take profits in the future and then re apply it to rebuy again after that.
This is not a prediction or a buy recommendation by no means. It's a simple observation using specifically designed indicators.
Thanks for looking & leave a comment on what you see down below
WeAreSat0shi
Stay Blessed!
ARB Swing Long Idea - Arbitrum Analysis ARB is the leading Ethereum Layer 2 chain. We haven’t seen an ETH rally yet, so ETH-based coins (ETH betas) are currently underperforming. However, I would recommend considering a small position to potentially catch an ETH pump, as these ETH-based coins have significant technical potential.
Technical Analysis: The price took out the 2023 low and created new lows in 2024. It now appears to be building weekly bullish momentum by forming a weekly demand zone.
The daily structure also looks bullish. We recently broke and closed above the bearish trendline. I expect the price to retrace into the weekly demand zone, potentially retest the trendline, and then take off toward the first and second targets.
SL: 0.41
TP1: 0.83
TP2: 1.27
ALT Season? Not Even CloseWhen we exclude Bitcoin from the total crypto market cap, it becomes clear that we’re far from the conditions needed for an ALT season. Here’s a breakdown:
First Resistance: $1.28T (Excluding BTC)
The last high was in March 2024, with the market cap reaching $1.28T.
At that time, BTC dominance was around 52%.
Second Resistance: $1.71T (Excluding BTC)
This was the peak during the ALT season in November 2021, with the market cap hitting $1.71T. Back then, BTC dominance had dropped to just 42%.
Current Situation
BTC dominance is now sitting at 60%, which is far too high for a typical ALT season to start.
Historically, ALT seasons tend to begin when BTC dominance falls below 50% or even lower.
Conclusion
The altcoin market has a long way to go before reaching the conditions for a true ALT season. We need BTC dominance to decline significantly and the altcoin market cap to break through key resistance levels at $1.28T and $1.71T.
What’s your outlook? Are altcoins still in Bitcoin’s shadow, or is a shift coming? Let’s discuss!
$ROSE Has a clear road this year ! As you know, the digital currency LSE:ROSE (Oasis Protocol) is one of the most popular Layer-1 blockchains in the world, known for its high scalability, strong integrity, and fee-less transactions. It has consistently attracted the attention of the cryptocurrency community.
Furthermore, it is no secret that the future belongs to artificial intelligence and AI-based technologies, and "Oasis Protocol" is truly one of the pioneers in the AI space, always having something to say!
For this reason, I decided to analyze its chart from a smart money perspective and present it to you.
Soon, I will provide an update and analysis based on price action.
Thank you very much for your attention 🌹
Tic... Tock... #Altcoins #Alts market cap #TOTAL2 -weekly falling trend breakout has been completed and will start the major uptrend wave after the retest.
We also witness a transition from the RE-ACCUMULATION phase of the wyckoff cycle to the MARK-UP phase.
#Altseason process will happen there sooner or later!
INJ SWING LONG IDEA - ALTCOIN SEASON 2024-2025INJ experienced significant gains during the 2023-2024 altseason, making it a smart move to watch this coin for the 2024-2025 altseason.
Technical Analysis:
The price ran the weekly swing liquidity during the August 4th dump. It wicked but couldn’t close below, signaling bullish strength. Following this, the price broke both the daily and weekly bearish structure, turning bullish on two higher timeframes.
Recently, the bearish trendline responsible for the downtrend since spring 2024 was broken with strong momentum and a confirmed close above. This indicates to me that the price aims to move higher.
I expect the price to potentially retrace into the weekly demand zone, hitting the optimal trade entry (OTE) level and possibly retesting the broken trendline.
I will be looking for lower timeframe (LTF) confirmations within the weekly demand zone if the price reaches that level.
SL: $13
TP1: $28
TP2: $41
TP3: $53
The Others Part 3- 6M Timeframe Simple Update:
- Divergences are the ultimate tool for timing entries.
- Think long-term—play the big picture.
- Keep DCA’ing into altcoins for stronger positioning.
- Exercice more patience and be ready for the rush.
- Buy before the moon move, sell at the moon.
Happy Tr4Ding !
Quant finally waking up and joining the rest of the alt pumpLooks like Quant has broken above an inverse head & shoulders pattern with two valid necklines. The higher longer one having a higher breakout target of course. Based on the pattern unfolding on total2 chart right now as well as it’s impending golden cross, I’d say QUant reaching both inverse head & shoulders targets is highly probable *not financial advice*
Alt Season is Coming!!! Event Overview
On November 9th, 2024, Bitcoin dominance in the cryptocurrency market experienced a significant drop of 3.2%, falling from to . This event coincided with a notable surge in Ethereum's price, which saw a dramatic increase of 43% over the same period. This pattern highlights the cyclical behavior within the cryptocurrency market, where liquidity flows from Bitcoin to alternative coins (altcoins) such as Ethereum and Solana during key shifts in market dynamics.
Key Observations
Bitcoin Dominance Drop:
Bitcoin dominance measures Bitcoin's share of the total cryptocurrency market capitalization. A decline in this metric typically indicates that investors are diversifying their holdings into altcoins. The 3.2% drop on November 9th suggests a significant shift in investor sentiment, with traders taking profits on Bitcoin's gains and reallocating capital into other cryptocurrencies.
Ethereum's Surge:
Ethereum, the second-largest cryptocurrency by market capitalization, responded to Bitcoin's dominance decrease with a sharp 43% price increase. This aligns with historical trends where Ethereum and other altcoins benefit from liquidity rotations as retail and institutional investors diversify into higher-risk, higher-reward assets once Bitcoin's momentum slows.
Market Behavior:
The behavior observed on November 9th exemplifies the "altseason" phenomenon. This term describes periods when altcoins outperform Bitcoin, often triggered by:
Profit-Taking in Bitcoin: Investors cash out after substantial BTC price gains, leading to reduced dominance.
Increased Risk Appetite: After Bitcoin stabilizes, retail investors and traders seek growth opportunities in altcoins, which often have higher upside potential during bullish phases.
Ethereum as a Gateway Asset: As the largest altcoin, Ethereum frequently acts as the initial beneficiary of liquidity flow, serving as a bridge between Bitcoin and smaller altcoins.
Solana and Other Altcoins:
While Ethereum saw the most significant surge, other altcoins such as Solana also experienced gains as the liquidity rotation expanded beyond Ethereum. This cascading effect reflects a typical pattern where capital initially flows into major altcoins (e.g., ETH) before moving into mid-cap and small-cap cryptocurrencies.
Implications
Correlation Analysis: The event underscores a direct correlation between Bitcoin dominance and altcoin performance. When Bitcoin dominance drops, liquidity often shifts into altcoins, driven by profit-taking and increased speculative interest.
Investor Strategies: For traders and investors, monitoring Bitcoin dominance can serve as an early indicator of altcoin market opportunities. A sharp decline in BTC dominance often signals the start of an altcoin rally.
Market Cycles: Understanding these market dynamics is critical for timing entries and exits. Investors who recognize the signs of a dominance shift can capitalize on altcoin price movements while managing risk effectively.
Conclusion
The 3.2% drop in Bitcoin dominance on November 9th, 2024, and the subsequent 43% rise in Ethereum illustrate the fluidity of capital within the cryptocurrency market. This event reaffirms the principle that liquidity flows from Bitcoin into altcoins during profit-taking phases, driven by retail and institutional behavior. Ethereum's performance during this period also highlights its pivotal role as a leading altcoin and a bellwether for broader market trends. As the market evolves, tracking Bitcoin dominance alongside altcoin performance will remain essential for understanding and predicting cryptocurrency price movements.
A close up of the bullflag forming above c&h rimline on total2The red line is the rimline of the Total2 chart’s cup and handle pattern that I made a post about a few days ago and will link at the bottom of this post. I thought it would be a good idea to include a close up of this bull flag that is forming with that redline mostly serving as support here so it would be easier for people to see when the breakout from the cup and handle will be validated. Once we have solidified the red line as support long enough we will validate the breakout from the cup and handle. One thing that will greatly increase the probability that w will validate that breakout is by first valdating the breakout up from this smaller bullflag pattern that has been forming here, you’ll notice that we are also about to have a golden cross (when the orange line crosses above the blue line ). We are now just one to two days away max from that cross happening and I would not be surprised if the pump up from the bullflag that validates it’s breakout occurs the same day the golden cross occurs, as I have already seen that happen immediately on the golden cross in two other chart recently, and it usually tends to do so once we have entered the parabolic phase of the bull market. If we do we will simultaneously validated both the breakout from this bull flag and mostly likely validate the breakout from the more macro timeframe Cup and handle pattern as well. I will link the chart I posted a few days ago showing the full cup and handle pattern down below. We’ve already seen a slight bit of a precursor already in the market but once the cup and handle validates its breakout, it is officially alt season. *not financial advice*