So here's 2020s new Altseason has startedhey guys welcome for a brand new Alts Mcap update
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alright alright guys, i knew i told just exactly before a month that there wont be any altseason here...
and mcap did dropped by 10% or 5 bill after my post, but honestly i didn't expect this twist, as every major sign, if you carefully read my analysis, was indicating for further drops, but here we are, markets have always surprises for you
and now almost every major indicator has confirmed trend reversal in alts mcap, so definitely we do can expect an altseason beginning from this point
as you can see in above chart, i've covered every important aspect, and charts are confirming for a new altseason
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Bitcoin dominance broke 200 daily MA key level
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here's my custom rsi in daily chart all bullish
right now alts MCAP is around 80 bill and i think we could see hitting 95 bill mark in coming weeks which will give us huge profit opportunity in quality alts, so start to fill your bags with discounted alts, best of luck
that's all for now, hope this idea will help you making good profits
for more updates follow me here and twitter
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this is Husain Zabir, signing out
Thankyou...
Altseason2020
Alt-season: ONTUSDTHi Traders
Looks like alt-season is coming up, so there will be a bit more coin-charts in the next few days. If you are not into Crypto too much, this could be a good time to pay some attention to it. First we start with ONT/USDT:
After reaching all-time low on Jan 3th it is now going up constantly. - It is up 42% right now. It will be crucial for it to close above the SMA200 on the daily. If it does it's game on for ONT.
ARE YOU READY FOR ALTPARTY?First of all, i do some of my analysis for near future to going one step ahead from market.
This is one of them.
According my analysis and my experience, BTC is real hero in the market.
The others are shaping according to BTC. We can see clearly on the chart. Let's start.
9 July 2016: We saw little drop on dominance after halving while BTC is correcting.
But we didn't see altparty because of BTC's mission is not done yet.
4 Jan 2017: BTC hit previous ATH (All Time High) after more than 3 years.
Dominance didn't change much. Because BTC is still volatile.
It means smart money loves volatile product to make more profit.
10 Mar 2017: We saw clear FIRST BIG corrective moves from BTC after made new ATH.
This sell-off means BTC will correct ALL uptrend so less volatile days are coming.
Then, time for altparty because BTC become more riskier than any asset on the market.
Dominance dropped significantly and BTC did still OK.
Important thing here;
BTC did still OK when it's in correction because NEW money come to BTC because it broke ATH and it's ALL OVER THE NEWS.
While smart money already bought cheap altcoins.
Conclusion;
I am not waiting for real "altparty" until BTC hit ATH. (I think it will hit ATH in 15 months)
It's not mean that i am not gonna buy cheap altcoins.
I am accumulating some of altcoins and will go all in when BTC hit ATH.
No financial advice here. This is brainstorming. Thats all. Thanks for reading. Follow, share and like for one step ahead from anybody ;)
You can look my BTC halving prediction and New ATH level prediction from related ideas.
Bullish MarketEvery time that the market gets bullish, Alts and BTC both break out MA200.
This time the Alts are above MA200 and BTC is below that.If it can break out MA200, The first TP for BTC will be $11950. Even if BTC can not break out MA200, I believe Alts will be bullish.
Both Alts and BTC are Bullish. They both broke their bearish channel.
Crypto TotalMarket Cap Excluding BTC (Y20.P1.E13).ALTs done?Hi All,
It seems the ALTs have it their target and it reflects this on many of the ALTs
It would be wise now to flip to BTC or cash in.
Review last year's ALTs performances and it seems history will repeat.
Best of luck.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
#Altseason 2020 IS UPON US - See it for YOURSELF! I hope you are ready for what is about to come everyone. This is probably one of the clearest paint of what is to come in the near couple of months.
I am not going to write an extensive review as the chart is clear as a day.
My position based on what I am seen is that is time to start calling in. $BTC is bound to rally in the months to come an take the whole market with it. Retail will fomo in as they always do. Be wise, be early, and stay responsible when trading.
I expect bitcoin to slow down sometime after it hits $12k+ in the weeks to come and altcoins to start surging as it has for the past month. $25B has re-entered the very depressed 2 year bear market.
Not financial advice but it is coming and it will be 3x bigger than it was in 2017.
Happy trading!
I will share the same chart Inverted! It paints an even better picture.
Is this #VergeCurrency $XVG Trend-Based Fib Extension right?I see some people who do not turn on the log setting on their trend-based fib extension analyses.
This is with it on.
Is this correct?
I particularly like the .618 is basically hovering around Verge's ATH. I also see interesting fractals (colored ovals).
Comments would be greatly appreciated. Thanks!
LITECOIN #LTCBTC - Starting AltSeason 2020!starting altseason
2020
#LTCBTC is getting interesting!
Still a few sats to go and we have our new cycle low. However, we're still in that nasty downtrend. Moving <0.00525 BTC will trigger my alert.
The question is: will it stop there?
There are some hourly bull divergences.
I won't catch this knife. Let's wait!!!
A move above 0.006 BTC will be a bullish signal.
#LITECOIN #LTCBTC #CRYPTO $LTC
Altcoinmarket has bottomed out, bullish fractal will play out?The altcoin market seems to have bottomed out.
Looking at basic support and resistance on the monthly, we see that we bounced off the strongest support in the altcoin market of 54 billion USD, which had touches of 8 monthly candles (opens, closes and wicks). In addition to this, January is showing us a monthly bullish engulfing candle so far. The last time the monthly bullishly engulfed at the bottom, the altcoin market grew 233%.
This monthly fractal strengthens the bullish altcoins fractal on the Daily chart I shared on January 12.
Bullish altcoin fractal - Total altcoin marketcap to grow 173%?Bitcoin has seen an exponential rise, and if you ask around in the crypto space, this would mean that altcoins bleed. However, I'm seeing a bullish fractal on the cards.
Bitcoin, depending on how you draw the descending channel lines, may or may not have broken out of the descending channel.
With the altcoins, it's very clear that it's broken out of the descending channel.
Also, near the start of the last altcoin boom, the 9 and 21 daily EMA crossed above the 55 EMA. Right now, the 9 EMA has already crossed and it looks like the 21 will soon follow.
The last altcoin boom lasted about 5 months, so, although past performance is not indicative of future results, could we see an altcoin season until the halving?
ALTS at important resistanceI feel worry for alts, as alts index is close to both horizontal resistance and descending channel border. Breakout will certainly be followed by pumping alts, while rejection will put alts into red zone for 2-3 days at least.
Month closing so bearish, that dead cat bounce is actually possible. Week no that bearish - which again lead us to dead cat bounce =) And that bounce will be after the New Year.
Ethereum vs Bitcoin - The cycle [Part 2]I don't like what I see on #ETHBTC. The increase since the start of Sep looks done and I can spot bearish divergence.
Only a move above the invalidation line can save the bulls here.
As a reminder, here's the bearish idea on #ETHBTC. However, I have to note that there is still a chance for the bulls.
The zone between 0.0171 and 0.0179 will be important. Losing that one = bearish continuation.
Altseason coming soon. 90% of all Altcoins are better than BTCAll indications point to AltSeason
AltSeason coming soon get ready
Altseason coming soon
90% of all Altcoins are better than Bitcoin
For those who wait for the BTC with dominance above 90% can take the horse from the rain
because The alts it is already filled with big Holders holding the altcoins just waiting for a good bitcoin failure for Altseason to take action
I believe dominance BTC is already stifled
This factor has already been proven
90% of Altcoins are faster and have much lower rates.
Bitcoin has serious slowdown issues, high rates and worst of all: no ballast
The altcoins will never die
Just like bitcoin will come to stay and beyond to face bitcoin
Tip for Buy
PMA
DTA
NPXS
XDN
RDD
FLDC
ADA
XRP
LTC
TRX
Storm
And more Alts