Worried about holding Alts? Remember this chart!
The Alt market cap is currently showing strong support around the $1.112T mark. After a decisive breakout from the descending channel, we are now seeing a period of consolidation. This suggests a potential for further upside if support holds.
📈 Key Observations:
- Breakout from the descending channel indicates a bullish trend reversal.
- Support around $1.112T is crucial; maintaining above this level could lead to further gains.
- Watch the weekly close for confirmation of this trend.
Stay vigilant
Do hit the like button.
Thank you
#PEACE
TOTAL2 trade ideas
'Inexperienced retail' 'Hodlr' playing with circles top guessJust playing with circles trying to find the alt market's geometrical blueprint and underlying framework it's going along.... From the first time I played around with the charts I became aware of some kinda pattern BTC was following by stacking parallel channels along certain trend lines. In doing this, i realize that there is probably several and more intricate geometrical shapes the overall charts are following. So, with me having no traditional TA experience, my whole approach to looking at the charts is just trying to find the underlying 'macro' geometrical framework that the price appears to be following. In this case, i'm just playing with circles and guessing a possible optimistic shape.... With that being said I could be totally wrong.... But, I'm guessing a July 25th top, then another Top around January 13th .... Just a guess tho, I reserve the right to change my prediction in the future. "The list is fluid" - Stephen A Smith lol
TOTAL2 - Looking at the RSI I expect a continuation pattern on the Weekly RSI with the circle being the comparable point in the bull run.
The RSI shows a large W pattern and we are experiencing the bullish right arm of the W
I think we are bullish until next year easily
This is the altcoin market cap
Time is Ticking- Simple as usual, everything in graph.
- BTC Halving is around April 19-2024.
- And of course it will be the main influencer for others altcoins.
- Without TheKing Cryptos are nothing.
- Cryptos Markets in 2021 :
- 1.5T to 1.7T
- Forecast of Cryptos Markets in 2025 :
- 4.8T to 5.5T
- Charge your bag and don't miss the train.
- Play always what you don't need for living.
Happy Tr4Ding !
$TOTAL 2 chart is weakening?#TOTAL2 Total Marketcap of #altcoins incl. #eth #sol #bnb #xrp and all #altcoin market cap index has severe weaknesses such as bearish diamond pattern (diamond sends backs the price where it pumped from) and bearish RSI divergence in LTF.
Invalidation: #totalmarketcap 2 , reclaims ~ 1.25 Trillion #usd zone with weekly close.
Not financial advice.
Crypto to launch into the stratosphere- Ethereum ETF approval is one of the most bullish fundamental catalysts in crypto history, very likely THE most bullish event for altcoins in general
- Trump saying publicly, on camera that he will take care of the nation´s 50 million crypto holders is positive and by itself also very, very bullish
- rising wicks imply rising demand but consecutive rising wicks on the 3W time-frame imply serious upside pressure
- first target of the entire crypto market cap is 3T
TOTAL2 - Monthly Strong Bull Phase BeginsIn each circle the alligator indicator can be seen to be stretched out or "open"
When in a state like this bull action is most common
This is the Monthly timeframe so patience is required for big gains, regardless we will be seeing more green days than red.
BULLISH
TOTAL2 (Crypto Alt) will go +800% in 12 MonthsFrom Dec 2016, TOTAL2 increased +94,000% for 12 months.
From Nov 2020, TOTAL2 increased +1,180% for 12 months.
From June 2024, TOTAL2 will increase ____% for 12 months?
BTC expected to go +200% within 2024.
BTC.D expected to drop within 2024.
= Alt market expected to go more than +200% within 2024 (I am expecting about +300% in 2024)
In 12 months total, I am expecting TOTAL2 to go +800% within 12 months.
Let's see whether history will repeat itself
WHY This is ALTSEASON ?? 💥💯 Cycyle 3: Rising of the Altcoins !WHY This is ALTEASON ??
Cycle 3 // Bullrun 3 💥💯
Lets see on Total2 Marketcap
Look closer..
Volume: ✅
Significant volume increases in the bottom zone point to a trend reversal.
Gaussian Channel: ✅ (green)
as with other trend reversals, the channel changed from red to green
Level2: Bullish Area ✅
See on chart
Media Attention: Starts ✅
Ethereum ETF: On the road ✔
BTC Halving: On the road ✔
FED Interest rate cut: On the road ✔
Global Adapt: On the road ✔
...these are the known ones
I would like to approach the subject from different angles.
NVIDIA ? hmm.. Why Nvidia ?
>>Now I will show you the comparison of major altcoin charts with nvidia. this will mean a lot to us.
ETHUSD/NVIDIA
This is Real, Details on the chart.
XRPUSD/NVIDIA
>This chart shows us XRP times
TOTAL2/NVIDIA
> Lets see buy zones
AND JUST NVIDIA
Total2 is now on a bullish eve.
You see the technical levels. We are above the trend midline and this zone is a strong support.
In the back we have mayer multiple bands and gaussin channel in colour.
Analysis plain and simple. now only patience.
LONG RED OR GET REKT!Evening fellas,
I hope you took adv. of this previous drop.
Hopefully you noticed the fact BTC dropped more in % than most alts.
Means that most alts bottomed with their /btc pairs and are ready for gains.
If BTC starts to range here ($56k - 61k) for a few days, a small 10%, dominance could drop, allowing alts to run nicely.
Trade thirsty!