TOTAL2 - Down Channel BreakoutDrawn is a down channel on the 4hr chart for TOTAL2 which is the altcoin market cap.
I think this down channel is currently trying to be broken with a break up.
Very bullish heading into November and Christmas period.
TOTAL2 trade ideas
TOTAL2 Update - Oct 27 2024Following previous analysis, TOTAL2 dumped and moved towards the lower trendline.
Although the trendline got broken, 12H candles closed on the trendline so the mentioned trendline is still valid but 4H analysis suggests that TOTAL2 is probably gonna cross below it.
TOTAL2 is facing the combined resistance of blue descending trendline and 0.618 Fib ret. of the previous drop, so it's possible to see another dump in the market over the next couple of days.
Total2: The Final Crash Of 2024The Cryptocurrency market bearish wave is intensifying... Here we have a triple top within a strong descending channel.
Many of our public SHORTs are hitting targets and everything is pointing toward a major flush happening soon.
Keep in mind that it is hard to see these things coming. I mean, it is hard to accept them because we can see it happening and yet we ignore it or have a feeling of disbelief, like now. It is happening but somehow we can get the impression that all is fine, prices will recover the next day, while the index and Cryptocurrency has been moving down since March 2024.
Now think back to August. By the time we accept what is actually happening it is already too late. It is tricky these markets. When prices are going down we feel certain of something up. When prices are going up we tend to doubt thinking that there can be a crash any day.
The Cryptocurrency market bearish wave is intensifying and we've seen nothing yet. The good news is that it will be fast when it happens because it has been in the making for so long. When the market consolidates a move for a long time, it is because the move is going to be really strong.
Prepare for the crash —The final crash of 2024.
Namaste.
ALTS MARKET CAP ANALYSIS - 1DThe ALTS market cap is currently consolidating within an ascending triangle pattern
A decisive breakout above this resistance would confirm a bullish rally in the ALTS market, while a breakdown could indicate further consolidation or a potential pullback. Patience is key as we await confirmation of the next trend direction.
TOTAL 2 breakout soon!!I believe we're headed for one more dip in altcoins before we break out of this triangle pattern, potentially targeting a market cap of $1.6 trillion. This could lead to 3x to 6x gains across the altcoin space.
We're currently in the final stages of the Wave 4 pattern, and as it concludes, Wave 5 is set to emerge as the next phase.
TOTAL2 update - Oct 22 2024It's clear that TOTAL2 faced resistance in 980B level so the dump in most altcoins is no surprise.
Analysis suggests that TOTAL2 is heading for the lower trendline but if the trendline gets broken, intense sell pressure will probably appear in the market and coins will dump more.
If the trendline holds well, it's possible to see some nice pump in the entire market following the breaking of the upper trendline.
TOTAL2 - Finishing This Structure and BreakoutThis is the altcoin market cap chart on the daily
Suggesting a reversal out of this period of downward movement seen since april
Perfect with uptober and christmas time aswell as aligning with the US election
Still more of this bull run to come
ALTSEASON is starting. Pick your alts!This chart shows the Crypto Total Market Cap excluding BTC on the 1week time frame.
We are at the part of the Cycle where, after a very long accumulation, the market posted its usual Bull Flag that historically precedes the final 1 year rally.
Get ready for aggressive gains on alt coins.
Follow us, like the idea and leave a comment below!!
Total 2 MA200Regarding the prevues analysis which i shared with you guys , Total 2 is trying to reach out to MA200, i believe the reason it didn't hit it yet is because of Ethereum movement which its so slow and heavy, but it(ETHUSDT)has been hit the MA200 so we can expect the rest of the Alt Coins to start moving upward at least to their MA200 area.
will update you again when i want to open the long position on the Alt coins that i am watching.
cheers and have a successful trades with money management and risk management.
Regards
TOTAL2 Now HL forming on MCap (excl BTC & ETH)Did you see the weekly volatility?
looks like (as it’s forming HL)
But real bull run (or say Alt szn) above 1.25T
Back to Red! Morning folks,
I figured I'd share this with you guys.
Been getting the signals that this scenario is highly likely to happen.
Huge possibility of lower prices before 2025 explosion!
Buy RED!
Trade thirsty, my friends!
#ALTSEASON is Coming! Don't Fall for the TRAP!I'll keep it brief—it’s all in the chart. TOTAL2 is simply retesting after breaking above the 50-weekly EMA, a historically strong signal for timing altseasons. The falling wedge pattern should break in the coming weeks with an impulsive move.
Current price action seems like a shakeout, pushing out weak hands right before the major rally everyone’s been waiting for.
This is not financial advice—DYOR—but IMHO, this is the worst time to give up. Being out of the market is riskier than holding, no matter how down your altcoin bags are.
Cheers!
Hit the like button If you like it, I'll be sharing more altcoin charts soon. Stay tuned!
#PEACE
TOTAL2: Perfect Descending ChannelThe TOTAL2 Index (Crypto Total Market Cap Excluding BTC), after producing a major bullish cycle, is moving within a perfect descending channel.
As it moves down, it retraced back all the way to the level it traded back in January 2024.
And we ask, how far down can it go?
The index shows all the Altcoins together. If we were to look at the pairs individually, some are trading pretty high while others are pretty low. Some moved first, while others stayed behind.
The Altcoins that went ahead are trading near the same prices they traded back in September 2023. This is the level we can expect this index to hit in the coming weeks.
Namaste.
Q4 2024 Altcoin bull start📌701 days between December 2018 local bottom and November 2020!
📌701 days between November 2022 local bottom and October 2024!
-The bull run was started after the US presidential elections on November 3, 2020
Following the US presidential elections to be held on November 3, 2024, it will be the beginning of the 2024-2025 bull run for #bitcoin and especially #Alts.
TOTAL2 - BullflagBullflag within the white lines.
Bullflag is just a continuation pattern within a larger bullish structure.
Market should be above 1T easily.
Total 2 Index: Bulls Take a Pause, Key Support Levels to WatchThe Total 2 index reached the specified target in the range of 972 billion dollars.
By examining the chart of Total 2 in the 4-hour time frame, we will see that this index has already started a correction process. It is expected to start the upward trend again if it is able to maintain the defined support areas (885 and 831 billion dollars area).
It should also be noted that with the increase of this index, the trend of altcoins will be upward and with the decrease of this index, the trend of altcoins will be downward.
Do you think Total 2 will be able to maintain the support levels and resume its uptrend?
#Altcoins are gearing up for a big run!#TOTAL2 had successfully tested EMA20 support in the last stage of 2020 before the 2021 bull run.
EMA20 support successfully tested ahead of 2025 bull run!
#Altseason will lead shocking waves in 2025!
The fate Of the TOTAL2 ChartIn terms of the cup pattern I envision growth to the 2.7T range, crypto growth is very close
We're Not Bullish Enough For #Altcoins.📌Our #altcoin bags are ready and we are ready for the big wave!
📌2024-2025 #Altseason will be epic!
📌Let me know which #alts you're holding!
#Altseason will melt all faces!The current rally for #altcoins is just a trailer!
The 2024-2025 #altcoin rally hasn't even started yet!
ALTCOIN MARKET UPDATEALTCOIN MARKET UPDATE
this is the bullish option obviously. that long term momentum looks,,, well placed. nicely shaped.
zoom in for various fractals; will be tracking them to see which one fits best but they share quite a few key targets.
that is if the bull is in control here.. pretty convinced.. guess it depends on the US election, ukraine etc
gl
$TOTAL (2) with the repair & medium time-frame break-out. CRYPTOCAP:TOTAL (2) with the repair & medium time-frame break-out. ✅
Posting Total2 as it beats Total and Total 3 from a charting perspective.
ETH/BTC bottomed? 💥
Still expecting strong moves from CRYPTOCAP:BTC as well. Tides seem to be turning here.
ALT-COIN BULL CYCLE HAS BEGUN AS THE FEDS CUT INTEREST RATESAltcoin Market Cycle (ALT - SEASON) is about to take off as the feds just cut interest rates by 50 BPS for the first time since March 2020 and the charts agrees with that idea
I have seen this pattern play out over and over again before a parabolic run up in so many crypto like NYSE:SAND and even MARKETSCOM:BITCOIN in this previous run up
We first see a Falling wedge breakout and then it goes on to form a cup and handle before the fireworks begins, you should start researching about your favourite crypto and buying them up
Be Ready!
