TOTAL2
Using the Fibonnaci Wedge Tool TOTAL2just now
Assuming a bearish transition to the top of the wedge
Bullish continuation from here is likely as the opening of the Gaussian channel is green (linked chart)
Thought this was a nice applicable structure for the wedge
Could somebody let me know if the circles are lined up with the key fib areas, I use a large screen monitor and it looks wrong when published, much appreciated in advanced.
ETH TOP 7TH FEBRUARY AND ALTS TOP 28TH FEBRUARY (COMPLETE)Here's an idea I had, it's all speculation but there could be some truth to it. Let me know what you think
2017 - 2018 BULL RUN
- BTC CME FUTURES open on the 18th December 2017
- BTC tops around $20,000 on the 17th December 2017
- Alts then dump for a few days after around -40%
- Alts then rise even harder from around 24th December 2017 to January 9th 2018 before topping
2020 - 2021 BULL RUN
- ETH CME FUTURES open on the 8th February 2021
Predictions:
- ETH tops around the 7th February 2021
- Other Alts then dump for a few days around -40%
- Other alts then rise even harder from around 14th February 2021 to 28th February 2021
ETH TOP 7TH FEBRUARY AND ALTS TOP 28TH FEBRUARY (PART TWO)Here's an idea I had, it's all speculation but there could be some truth to it. Let me know what you think
2017 - 2018 BULL RUN
- BTC CME FUTURES open on the 18th December 2017
- BTC tops around $20,000 on the 17th December 2017
- Alts then dump for a few days after around -40%
- Alts then rise even harder from around 24th December 2017 to January 9th 2018 before topping
2020 - 2021 BULL RUN
- ETH CME FUTURES open on the 8th February 2021
Predictions:
- ETH tops around the 7th February 2021
- Alts then dump for a few days around -40%
- Alts then rise even harder from around 14th February 2021 to 28th February 2021
(I also have an BTC chart to go with this)
ETH TOP 7TH FEBRUARY AND ALTS TOP 28TH FEBRUARY (PART ONE)Here's an idea I had, it's all speculation but there could be some truth to it. Let me know what you think
2017 - 2018 BULL RUN
- BTC CME FUTURES open on the 18th December 2017
- BTC tops around $20,000 on the 17th December 2017
- Alts then dump for a few days after around -40%
- Alts then rise even harder from around 24th December 2017 to January 9th 2018 before topping
2020 - 2021 BULL RUN
- ETH CME FUTURES open on the 8th February 2021
Predictions:
- ETH tops around the 7th February 2021
- Alts then dump for a few days around -40%
- Alts then rise even harder from around 14th February 2021 to 28th February 2021
(I also have an ETH chart to go with this)
Total2 Heading North To Test The ATH SoonEveryone flipped bearish so soon. Just days ago we were all heading to the moon and now everybody is expecting a plummet. That is why you have to keep your emotions in check as a trader. The herd is usually wrong so I believe we will be testing the high in Alts MC over the coming days.
Once we get back above the $307B MC and test it as support this move up will happen fast.
My take profit area will be around $450B as I suspect we will experience a correction back down to the $307-307B level before finally launching into space! More on that later, but let's see if this plays out first.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
eth turning para R to its base. eth this seasons captainEth in daily opening above our para R is beauty. Eth looks solid charts indicate only 1 thing up. this current wave will go up to 1000$ is a possible scenario.
Eth will lead its liitle alts brotrhers to glory. alts will not be dead untill total2 is going up. btc.d will sooner or later turn its direction. Eth is the saviour we need now..
Altseason is starting for real, fasten your seatbelts!Last Altseason in January 2017 (vertical green line) started 231 days (33weeks) after the previous halvening (vertical blue line). If we report that period to the actual cycle, Altseason is about to start... Now.
We also saw recently a big rejection in BTC.D, forming a double top at 73%, with a bearish divergence with the RSI and a big engulfing candle in the daily. Nevertheless, there was a similar pattern end of novembre, but after a 10% decline, the trending continued from 61% up to 73%, with BTCUSD pumping up strongly at the same time.
Yet, this time seems different, first of all because of this rejection on the BTC Dominance chart at a very strong resistance (73% BTC.D), and also because we see in parallel the Altcoins starting to rally in BTC value while BTC continues pumping up...
Everything could still be ruined if BTC pull back down hardly. But if we check the BTCUSD chart, we can see that the very beginning of the last Altseason coincided with a 33% drop in BTCUSD value (end of February 2017). It is like the drop in BTCUSD triggered the last Altseason, like if traders and investors reallocated their BTC gains in altcoins...
And that's exactly what we are seeing for the last few days... After the rally of the majors, we are now seeing a rally of the medium caps. Small caps altcoins are likely to start pumping now, and trigger therefore a new Altseason. Everything depends if we can go through the ATH in total marketcap (excludind BTC), we are very close to this resistance now.
Fasten your seatbelt, I expect a 50X increase in MarketCap (excl. BTC) until end of 2021, if we follow a classic 4 years cycle pegged to the BTC halvening. In case of a lengthened cycle, I'd expect even more upside, maybe up to 200-300X from here, until end of 2022 then. Follow the blue dotted diagonal for the target.
For the moment, my bet goes for a 4 year cycle and a 50x move up from here, it seems more reasonable. But who said the crypto market was reasonable?
ALT Season is Coming ?? Total2 Chart AnalysisHello Everybody !! Today is the day we are going to talk about ALT Season .
While everyone was talking about the Dominance Chart to start the alt season, I said (in the @Bitexgroup) that the #Total2 chart was an important point. The Break of this resistance will cause the Altcoins to pump. Exactly four days before the 30-50% pumps of the cryptocurrencies, We warn that the $ 240 billion level has the potential to Break.
Now let's take a closer look at its weekly chart.
We are at a very important point right now, Breakout of the Rising Wedge and Weekly Resistance level at $ 240-260 billion, which is the Weekly Major Resistance, could cause an alt-season pump.
In other words, We have an important TRIGGER on this level to start the Altcoins season.
So ALT Season is Coming ..
Total2 heading over 460B Allseason, is just around the corner! Bitcoin has made a parabolic run the past weeks, will this be the time to see money coming into altcoins? Well just simple indicators, see #ETH has already started, this will drive the market higher, #DOGE this coins always defines big moves are about to take place. #DigiByte this Giant is about to go parabolic - tick tock tick tock