Bearish USDT.D Bounce Off Support Trendline, Total 2 + Total3 Here's a follow up study to my USDT.D analysis from a few weeks ago, showing the markets typically sell off and put in a near term market top when Tether Dominance bounces off this key trendline (since 2018).
This is likely a sign of further downside on Bitcoin and the Total Market Cap with a further 20% correction likely before we bounce again. Hopefully in time for a Santa Claus Rally.
Also I look at how price clearly rejected on the Total 2 and Total 3 Market Cap's at the old ATH's from 2021. So it's no surprise markets are selling off here.
I've been saying 'Show me the charts, and I'll tell you the news' for years...
So while Powell's comments today were Bearish, it was incidental.
The market needed a cooldown, and the FOMC comments today were just the catalyst.
Let me know what you think below, and go ahead and like the video if you'd like me to do more of these here on the TV channel.
For more about us, check out the links in my Bio.
TOTAL2
TOTAL 15M: Hidden Bullish Divergence on Fake-OutThe Total Crypto Market Cap is displaying a significant technical setup on the 15-minute timeframe. We've observed a hidden bullish divergence forming in conjunction with a false breakout pattern, suggesting strong continuation potential. The market has maintained its structural integrity despite the fake-out attempt, indicating robust underlying strength.
The primary trend direction remains bullish, evidenced by the series of higher lows forming on the 15-minute chart. A notable hidden bullish divergence has emerged between price action and the RSI indicator, where price made higher lows while the RSI showed lower lows - a classic continuation signal in an uptrend. The market's reaction to the false breakout demonstrates strong buying pressure, as prices quickly recovered and resumed the upward trajectory.
Price Targets
Based on the technical structure and the measured move from the pattern:
Initial Target: $3.85T (near-term resistance level)
Secondary Target: $4.0T (psychological round number)
Extended Target: $4.2T (based on previous move projection)
Entry Conditions
Primary entry at current market price ($3.51T) following confirmation of hidden divergence
Secondary entry on any pullback to $3.45T support level
Initial Stop Loss: $3.42T (below the recent swing low to protect against further fake-outs)
Take Profit Levels:
TP1: $3.85T (25% position size)
TP2: $4.0T (50% position size)
TP3: $4.2T (remaining position)
Stop Loss Placement: Below the recent swing low to accommodate market volatility
Position Scaling: Consider scaling into the position with 50% at entry, 50% on pullback
Market Conditions to Watch: Bitcoin's price action, as it often leads market direction
Additional Considerations
The presence of a false breakout followed by quick recovery suggests strong underlying buying pressure. The hidden bullish divergence adds significant weight to the continuation thesis, particularly given the overall market strength.
Bullish Case: Maintained as long as price holds above $3.42T with RSI showing positive momentum
Invalidation: A clear break and close below $3.42T would negate the setup
The broader crypto market is showing strength, with major cryptocurrencies maintaining their upward momentum. This macro context supports the bullish continuation scenario for total market capitalization.
ALTS Market Cap Chart AnalysisThe ALTS market cap has broken out of a descending broadening wedge, triggering a strong bullish rally. However, it is facing resistance at a key horizontal supply zone.
The Ichimoku Cloud shows strong bullish momentum, indicating the possibility of a continued upward move. A decisive breakout above this resistance level could trigger a significant rally, further strengthening the upward trajectory of the ALTS market.
For updates on other coins or personalized insights, feel free to reach out to DM.
@Peter_CSAdmin
TOTAL2 - Current Rejection and Following BreakoutRejection is occurring at the red dotted horizontal line which is the prior ATH for TOTAL2.
I think this rejection will be short lived and price will recover at the green circle and continue the bull run into mid Feb
The larger triangle structure shows this breakout
Pullback then bulls take control again
TOTAL2 - Fib and Channel Support0.786 fib shows a strong support point with prices continually being rejected to the bullish side
As price has dumped to this level I ask will this bump back up again as it has in the past?
This dump can also be plotted in with a long channel of the bull run we have been having, showing support at the bottom of the channel.
I'm still bullish over this temporary retrace
bitcoin hits 749k into 2025.gm,
in previous cycles, the duration from cycle low to cycle high has typically been roughly 1,000–1,100 days. currently, we are 742 days in, which suggests we still have about a year until the "expected top." this projected top also aligns with the global liquidity index in q4 of 2025.
the way i interpret this current structure is straightforward:
from the november 2022 low to the march 2024 high, the price action visually resembles five waves up. this is followed by a clean three-wave correction into august of 2024.
from the low in august of 2024, bitcoin appears to have formed a clean five-wave impulse to the upside and is now approaching a top. in theory, once this top is established, we should expect a three-wave corrective move to backtest the previous support. this support corresponds to the 2021/2024 highs and the previous accumulation zone.
hypothetically, backtesting the prior supply zone would likely liquidate many late long positions, providing a full sentiment reset. this reset could allow bitcoin to rebound with significant force, potentially reaching unprecedented levels.
my estimated upside target for q4 2025 is approximately $749,000.
✌️
ps. in my last bullish trade, i pulled at 9,000% trade on btc... and 42 alt trades, some of which ran as high as 22,000%.
view last bull post here:
More proof Goldencross works immediately in this phase of bullJust like the char I posted before this one, I’m posting this simply to lllustrate how the golden cross (orange line crossing above the blue line) immediately resulted in a very pivotal bullish pump that coincided with a major fulcrum point on the chart recently on multiple different charts. More times than not in the other market cycles, when a golden cross occurs it usually takes a few weeks afterwards to know whether that cross will have its desired outcome or instead end up being a fakeout but lately I’ve noticed multiple charts have seen an instantaneous pump on the exact day of the golden cross, which is making me think that once we enter the 2nd parabolic phase of a bull market that that is when you can anticipate a golden cross to have its immediate intended effect its suppose to have with much much higher probability than all the other market phases including even the 1st half of the bull market. Anyways I wanted to illustrate that hypothesis here with the XLM chart as you can clearly see it’s a text book example, and I will try to put a link below to the previous example where this occurred as wel a link to the total2 chart which will have its golden cross in the next 102 daily candles.l One major reason I want to illustrate this is because within the next 1-2 daily candle closes the Total2 (aka altcoin market) chart is going to have its golden cross and it is currently trying to confirm the breakout upward from a cp and handle pattern which is a huge fulcrum point for it. So should the trend of instantaneous golden cross pump effects occurring the same daily candle as the cross itself, this could clue us into exactly when the real full on alt season will be about to kick off (which if correct, will be ignited by a big confirmation breakout pump within the next 1-3 daily candles). *not financial advice*
#Altcoins super cycle has just begun!#Bitcoin dominance monthly rising wedge breakout and breakdown completed!
#Alts market capitalization OTHER TOTAL3 AND TOTAL2 The breaking and closing of the handle cup formation that formed on a monthly basis has been completed.
We are moving towards #Altseason in an environment of Denial and Disbelief!
A Look Again At RSI The RSI is beginning to print very bullish horizontal movement that is the print of a bull market
The left hand side of this pattern is already printed, with the white vertical line being the middle of the pattern, now what is emerging is the right hand side of this larger structural pattern on the RSI, also indicative of a bull market.
Early 2025 is going to be very bullish.
Little white circle is where we are now corresponding to the last pattern if they evolve relatively the same.
Analysis of TOTAL2 TargetsAs we can see, the overall trend is bullish. After breaking the March high, the only remaining step for the market to truly thrive is to break the most recent peak and form a new high. There is only one direction now: upward.
The potential paths for this upward movement are as follows:
Scenario 1:
A pullback to the 1.27T level followed by a strong continuation to the upside.
Scenario 2:
A direct upward move without any significant correction.
Potential Milestones After Breaking the All-Time High:
2.11T
3.57T
11T (final target)
The market is showing promising signs of strength, and these key levels could be the focus for the next phases of growth.
Let’s keep a close eye on price action and prepare for what’s coming!
Crypto Total Market Cap (Excluding BTC) Weekly Chart Analysis
The chart reveals a multi-year symmetrical triangle pattern, with a decisive breakout above the resistance trendline. This signals a potential shift toward sustained bullish momentum.
The breakout aligns with increased market activity (volume not visible but inferred), indicating robust participation and validation of the upward move.
The price action is comfortably above the weekly 50 EMA (yellow line), acting as a dynamic support and confirming the strength of the bullish trend.
$1.39T (previous resistance now flipped into support).
Minimal resistance ahead until the psychological $2T zone, with the potential for all-time highs.
If the breakout holds, the measured move from the triangle's base suggests a target range of $2.5T—$3 T, marking substantial upside potential.
Continued consolidation or retest above $1.39T could trigger an extended altcoin rally, propelling the market to new highs.
Bearish Scenario:
Failure to sustain above $1.39T might lead to a retrace within the triangle, stalling bullish momentum.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Altcoin Market at a Key Level – Breakout or Pullback? | TOTAL2
Hey traders! 👋 The altcoin market cap (TOTAL2) is at an exciting turning point as it tests the **0.236 Fibonacci retracement level (~$1.33T)**. This level has been a key resistance in the past, and the market’s behavior here will likely decide the next big move. Let’s break it down:
What’s Happening?
🔹 The market is testing **$1.33T**, which has been a tough resistance zone historically (see those red circles).
🔹 Strong volume recently suggests growing bullish momentum, which could help push through this level.
🔹 RSI shows the market is nearing overbought levels, so it’s worth watching for signs of either a breakout or a pullback.
**Possible Scenarios**
🚀 **Bullish Breakout**:
- A weekly close above $1.33T could signal that the market is ready for its next leg up.
🛑 **Rejection/Pullback**:
- If the market gets rejected, there may be opportunities to re-enter at lower levels, especially near key support zones.
**Key Takeaways**
📈 Altcoins are showing signs of strength, but this is a critical resistance to watch.
⚡ A breakout could lead to a strong move higher, while a rejection may offer better opportunities on pullbacks.
What do you think? Is the altcoin market ready to break out, or is a pullback more likely? Let’s discuss in the comments! 💬
TOTAL2 - Monthly MA Intact Each move in white is the beginning of a bull run, a move that shows strength followed by a short term move back down towards the 50MA.
The MA acts as support and allows the TRUE breakout to be revealed, we will see the bullish action for real in 2025.
What are your thoughts on how high this altcoin chart will go on this Monthly chart?