#Altcoins getting rejected from Fib at 0.5 level at $281B#Altcoins getting rejected from Fib at 0.5 level at $281B
Is price heading to $231B?🤔
We have mapped out both upside and downside price targets 🎯
OTHERS trade ideas
Alts getting more bullish on the daily. 🐂 Alt getting more bullish on the daily. 🐂
Next upside price target $331B📈
Mapped out in blue line possible price movement going forward 🧭
alts will soon either breakout or breakdown from the wedgealts will soon either breakout or breakdown from the wedge
Do you see a breakdown or a breakout?
Target for OTHERS marketcap is $750B around Aug 2024IMO we top at $750B around August 2024 for the OTHERS marketcap.
165% increase from here.
Don't be too greedy taking profits on your coins.
Be happy with a 2-5x. Don't aim for 10x or more! Not realistic for most big coins IMO.
Wat comes next for BTC. V-bottom?Next is a 5 wave elliot wave impuls to the upside followed by an ABC correction that does not make a lower low!
If we do i'll update on this idea (ETA: 1 - 2 weeks).
POO Coins are up 1.5X vs #BTC since June. HOW HIGH CAN THEY GO?This chart is of the market cap of #Altcoins divided by the marketcap of #Bitcoin.
If this ratio is going UP
Sh@tcoins (to give them their colloqiual name)
are out performing the #1 #Crypto asset.
("there is NO 2nd best.. " M. Saylor)
Risk ON.
Aka Silly season.
If this ratio is going down.
Then S coins are underperforming BTC
Bear market... S coins getting wiped out.
.... Got it?
Good.
Throwing on a Fib extension
(please draw your own chart... I am not a Fibonnaci expert by any means)
We can speculate how high,
and how much they will outperform.
and the magnitude of gains left on the table
Take Your pick of the extension level.
Or retracement Level if you are a Bitcoin Maxi, and don't believe a new ATH will be made in this ratio...
Good Luck in your speculations.
OTHERSdoes not include financial advice.
Is it time for altcoins? we can see the outcome next week!
chart nears trend breakout..
Don't panic and sell your AltcoinsThe ideal scenario for altcoins is a decrease in RSI and MACD for this week, which could lead to an upward trend toward an all-time high in April/May. CRYPTOCAP:OTHERS #Crypto
Altcoin Market Cap: Correction in Play, Recovery on the HorizonI'm seeing the altcoin market going through a correction this April, and it feels like we haven't hit bottom yet. I'm expecting to see some signs of a turnaround by mid-April though, and I'm optimistic about seeing growth next month. May looks like it's going to be pretty volatile, but I'm hopeful for a strong breakout in June. It's shaping up to be an interesting couple of months ahead.
Hit Bong And Go LongAlcoin Market cap is in a good position.
Upcoming halving, Bitcoin bidding to the downside may be finished for now.
I don't expect crazy price surges, but some coins can go crazy.
ALT Exposure ReducingALT Cap is on resistance right now.
caution about that.
i will reducing my exposure on alt
#ALTCOINS are still BULLISHLY positionedWe cleared the 200d MA
CHECKBACKED
and had a slight correction
looking for another higher low
as we SMASH the key yellow line for GOOD
to confirm #Crypto spring for the many non-believers in this rally!!
:)
#SHIB
#LINK
#LTC
#CULT
#HEX
#PP
#DBI
#NEAR
#FTM
#AVAX
Sh*t Coins breaking out ...Good to see the Toilet coins are getting a bid
and breaking above the neckline of the inv Head & shoulders
#Crypto has not responded along with other markets ripping
So has some catching up to do!
OTHERS.DIt's a perfect retest on the level and its good for altcoins if this happened alts are going like 1x 2x from current prices.
What is going on?The increase in total market capitalization volume, excluding the top ten cryptocurrencies, from an average of $27.59 billion over the past 30 days to $86.77 billion within just this week suggests a significant surge in trading activity and liquidity across the broader cryptocurrency market, beyond the largest cryptocurrencies by market capitalization. Overall, the surge in total market capitalization volume, excluding the top ten cryptocurrencies, reflects a period of increased activity and interest in the broader cryptocurrency market, driven by a combination of factors such as altcoin enthusiasm, new project launches, and positive market sentiment. It's essential for investors to stay informed and exercise caution when navigating these dynamic market conditions.
📈 Altcoins Update | Marketwide Action Speculative OpinionHello my dear Cryptocurrency trader, I am up to sharing some current thoughts with you today.
The information I am about to share is based on some deductive reasoning, intuitive conclusions and ideas that appear in my minds eye as I go through many different charts.
It is an idea that I am getting as I browse on a daily basis through the market, going through chart after chart, after chart.
The topic is related to the Altcoins market bullish cycle and Bitcoin's potential correction.
Many Altcoins still need to complete their final bullish move before this wave is over but there aren't than many left. A very large portion of the market is already many times above its market low.
The main take away is a time period of two (2) weeks.
Based on what I am seeing, the Altcoins need at least two more weeks to complete their bullish phase. For the Altcoins to be able to continue to produce massive growth without interruption, Bitcoin needs to stay strong and by "strong" I mean above 40K.
Say we have two-three weeks of massive growth on the OTHERs Altcoins and whatever correction Bitcoin is poised to perform will be mild, being just a retrace until this portion of the market breathes some air. Once the Altcoins are all up to the same price they were trading around March/April 2022 or higher then Bitcoin can go ahead and crash below 40K.
This is not written in any book.
This cannot be seen anywhere.
This is just speculation on my part that forms from all the information that I gather consciously and subconsciously. As I meditate and go through my day, this information becomes organized and varied conclusions come to the front.
Bitcoin isn't likely to crash but just retrace/correct for weeks until the Altcoins finish their run.
Of course, the last 100 meters they will be a sort of euphoria, excitement and greed as we saw with Bitcoin hitting almost 70K. This is great but remember to secure your trades and secure profits along the way.
Things are looking good but there will be soon a period of rest.
Did you notice how surprising and fast was the move Bitcoin made from 69,000 to 59,000? Only hours; was there any time to act or react?
The only way to be successful is to plan before-hand.
Just as this bullish phase is just a preview of what is coming in 2025/2024, the surprise drop we saw is just a preview of how fast and strong the correction will be when it comes.
I can't say with 100% certainty that we are looking at the top, that "The TOP Is In!"
But I am 1,000,000% certain that we are not looking at the bottom. If this is not the TOP, we are very close.
Consider all potential scenarios and not only for Bitcoin, secure also your Altcoins.
If the Altcoins were to drop 30% in a single day, like Solana for example, taking profits would be already too late.
One sells small portions on the way up, when the sudden moves happen it doesn't matter, because we already won.
➖ Secure profits on the winning trades.
➖ Secure profits on those HIGH UP!
Feel free to buy and hold the ones red/low.
Thanks a lot for your continued support.
Namaste.
HypothesisLet's imagine that this time the percentage
move up is only 50% of the previous one.
Percentage-wise.
That could still yield 2.5 trillion at the peak.
Top 10 Altcoins That Can Move Fast & Strong This Week (26-Feb.)Good Sunday my fellow Cryptocurrency trader, I hope you are having a nice weekend.
While market conditions can always change, suddenly, we are still witnessing a bullish Altcoins market.
➖ When Bitcoin moves sideways, the Altcoins grow.
➖ When Bitcoin moves sideways after major growth, the Altcoins go on a bull-run and today this is so.
It is important to plan ahead because the market is unpredictable and conditions can always change. With that said, there are still many Altcoins that right now are looking great.
Let's consider a TOP 10 list for next week (26-February 2024)
➖ DigiByte
DigiByte is the #1 because of the a high level of certainty coming from this pair. A high level of certainty that it will move fast and that it will move strong.
Both pairs look good: DGBUSDT and DGBBTC.
We are focusing on the DGBBTC pair because it is bottomed out and has higher potential for growth.
The choice is yours though.
DGBUSDT
➖ Harmony
Harmony has a mixture of very high growth potential as well as the potential to grow now (fast). Weekly, it is trading above EMA50 which means that the bullish action is already on. ONEUSDT.
The tether pair is for beginners; the Bitcoin pair is for high potential and experienced traders.
ONEBTC
Both are looking great.
➖ Golem
Golem made it into the list not due to high potential but fast potential. It might be one of the pairs to open strong really soon. GLMUSDT.
As well as GLMBTC; both look good.
➖ Alien Words
With a long-term rounded bottom (or simply "accumulation phase") Alien Worlds potential based on technical analysis is above-average. TLMUSDT.
➖ Keep3r
This one has been chosen for the simple reason of high potential for growth. The chart is showing a long-term inverse Head & Shoulders pattern, a strong reversal signal. KP3RUSDT.
➖ AirDAO
A quintuple lower low, long-term matched by a very strong RSI divergence. The potential here is also above the pack if all goes well. AMBBTC.
➖ Flamingo
Flamingo might look dead but in reality, it is moving within an 8 months old higher low. Can breakout anytime. FLMBTC.
➖ AdEx
Many pairs have a 400%-500% growth potential. Others can go to 1,200% or more. This is one of those. It tends to grow strong when it moves. We are looking at a new All-Time Low. ADXBTC.
➖ Zcash
Privacy tokens took a beating but this doesn't mean that they are dead. In fact, the harder they fall, the stronger they grow once they are done with the challenging phase.
After a 6.5 years long downtrend, reversal signals are starting to show up. ZECBTC.
➖ Tezos
Tezos is in the process of ending a four years long downtrend. The bottom signals are already in. We are looking at XTZBTC on this one.
Bonus mention
ICON: Five years long RSI bullish divergence.
Syscoin: Four year longs support activated. Early bullish action spotted.
Ankr Network: Trading at multi-year lows.
EOS Token: One of the worst hit projects, yet the recovery can be really strong.
If you have anything to share, use the comments section below.
If you enjoy this type of trade idea, make sure to boost and I will share more.
Your boosts and comments are the feedback. If the feedback is good, we can do more.
Thanks a lot for your continued support.
Namaste.
BEST DEGEN CHART TO FALLOWThough TA I am giving my best estiments for the fallow through of the upward trend.
OTHERS potential upside as bitcoin rally to its new athMy hold strategy for OTHERS compared to previos cycle, in this analysist i predict that OTHERS topped at September 2024, thus atleast i'm gonna hold my bag until then.
Buying MidCap/SmallCap Alts for 2024: Navigating HalvingPlease see related links to get an idea of how this fits in my plan for the cycle.
Short Version = 2024 is Altcoins
More closely to 2017 cycle than 2020 =
short dynamic burst of up movements
long periods sideways action
Lower volatility than 2017 (for btc and eth)
Altcoins move sooner than ppl think but still on schedule
2023 was year to accumlate BTC and cheap large cap alts
2024 is year to accumulate Alts
2025 year to be reducing risk
-Chart on left
Eth and BTC market cap
Chart on right
Others - coins outside of top 10
Theory
2024 sees opportunity to position for end of cycle in cheap midcap and lowcap gems.
altcoin runnup into ethereum etf approval or decline could provide opportunity to rotate profits to slower moving coins
BEHOLD ! Prepare for the ALTSEASON !BEHOLD ! Prepare for the ALTSEASON !
Its OTHERS MARKETCAP/BTCUSD
Others (excluding top19 altcoins)
(excluding stable coins)
chechk the dates and notes.
In my opinion its better than btc dom and others dominance
It shows altcoinbs power
