Non-Farm Payroll to decide market direction.Market is at a crucial point, It had broken out of the channel on 20th Sep & it's now testing it.
NFP Report will be crucial.
TOTAL3 trade ideas
The Altcoin Market Is Now Flirting With The 350 DMA ...Again!Here's what that means. A long-term view.
Traders,
The pressure is on for these altcoin bulls to run through the end of the year. However, we are flirting with disaster this time around. Here's why?
From the beginning, the 350 DMA (or 50-week MA) has always told traders whether we were in a bull market or a bear market. Though periodically, the price did stick its proverbial head above the 350 DMA during mid-cycle tops, these were always very short-lived. And it's always been the case that when we've remained above the 350 DMA for this length of time, in this case since Nov of 2023, it signaled we were in a bull run, as opposed to a mid-cycle top. Could this time be different? Well, of course. And I think from looking at the charts, it already has proven it is. This whole run is different.
I won't get into the many ways this cycle is different, but a big one has to do with how the 111 DMA is diverging from the 350x2 DMA (not pictured here). That's never happened before along with a multitude of other occurrences. So, let's explore this thought experiment a bit further. There are several outcomes that we most probably are looking at.
The first outcome could mean that this run was simply an extended mid-cycle top. If true, then this is a much longer mid-cycle top than we have ever witnessed in the history of crypto. And if that is true, the bull run that is coming will melt faces. But it probably would not arrive until next year or even 2026 and it probably means that we dip back under that 350 DMA again for a while. Nobody wants this to happen and nobody seems to be expecting this outcome. Could this then be the strongest possibility? If we anthropomorphize the market a bit, we can observe that it is rather sadistic in this regard. It always has been and probably always will be. The market just enjoys hurting the largest crowd. This is why it's often beneficial to entertain contrarian thought and not to simply dismiss it altogether.
The second outcome is not so good. It could mean that we skipped our mid-cycle top completely and that our bull run is about to end if we dip below that 350 DMA. Now, there is still hope here because we haven't done that yet. But I certainly do not like the looks of how we have been flirting with that line for these last several months. This moving average is critical! Watch it closely on both the daily (as a 350 DMA) and on the weekly (as a 50). The weekly will confirm whether we drop or not. It must be confirmed with two candle closes below on the weekly.
There is a third possibility. This is the one that I think we are all hoping for and, tbh, most are expecting. It also indicates that we skipped our mid-cycle top and are in a bull run that will not end until late this year or into the next. This would mean that we will remain above that 350 DMA (though, there could be a few candle closes below) and that we should see some new highs being made through the end of the year.
I kept our chart on the daily view as opposed to the weekly because I wanted you all to track that bullish triangle with me. Notice how we are retesting the top of it as we should after a breakout. This is technically very sound. But also notice how that 350 DMA is moving up to lend some support. What a beautiful area of confluence! But also, scary. Because if it's broken to the downside, it may indicate either another Black Swan event on the horizon OR we don't get the bull run alts were expecting.
It is do-or-die time now. Let's go.
Stew
ALTSEASON 2TOTAL 3 is retesting the previous resistance trendline if the price will hold the current level into a support then this could be the continuation of #ALTSEASON!
If the price holds this level, we could see a move towards the 763.92B target. Keep an eye on volume and support levels to confirm the momentum shift.
Crypto Almost There... Ready for More AltcoinsCrypto is bleeeeedin'
Good thing is we were prepared :)
Waiting just a bit longer before deploying some stable.
Looking at Total 3 (Crypto Market Cap Minus Eth & BTC)
That zone is FOMC from Sep 18.
I'll be buying up my fav tokens then :)
-Mike Navarrete
ALT M.CAP: JUST DID A RETEST! HODL YOUR ALTCOIN BAG!!Hey everyone!
If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated!
What is Total3?
Total3 refers to the total market capitalization of all cryptocurrencies except for Bitcoin (BTC) and Ethereum (ETH). It provides a clearer picture of the overall market health of altcoins, excluding the influence of the two largest cryptocurrencies.
Now, let’s analyze its chart.
If you're worried about the recent dip in altcoins, take a look at this chart. Total3 has broken out from a bull flag on the daily time frame and is currently retesting that flag. If it holds at this retest level, we can expect another bullish rally in altcoins soon.
Don’t be scared by negative news like the war; such situations are temporary, and the market has rebounded many times in the past. Use this dip as an opportunity to dollar-cost average (DCA) into your altcoin positions. If you've already accumulated, just hold patiently.
What are your thoughts on Total3's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Total 3The price has successfully broken above the descending trendline, signaling a potential reversal in the downtrend. This breakout suggests that the price may experience growth after a consolidation period or pullback, offering an opportunity for upward momentum.
Uptober Mode? - Will We See the Big Breakout?
📈🔥 Altcoins Ready for Uptober? 60% Breakout Probable! 🚀💥
It's been just 11 days since my last post, with TOTAL3 sitting at $584B. Now, as we step into October (or should we say "Uptober"?), the market cap has surged to $629B—almost 8% higher!
The chart is signaling a potential breakout at the $645B level, with a 60% probability given the current macroeconomic factors, including easing from China and potential interest rate cuts from the Fed. However, there are alternative scenarios: a 20% chance for sideways movement and another 20% for a drop back to $592B support.
This could be a pivotal moment for altcoins. What do you think? Let’s make the most of this exciting month!
One Love,
The FXPROFESSOR 💙
Big chart and previous (well timesd) breakout post here:
TOTAL3 is time to continue push UP 1. Cup and Handle Pattern:
The highlighted region resembles a cup and handle pattern, which is generally considered a bullish continuation pattern.
The cup part spans from around mid-2021 to mid-2023, while the handle is forming after the cup's completion, indicating potential consolidation before a breakout.
The rounding bottom of the cup shows accumulation after a downtrend, signaling a reversal in trend.
2. Breakout Target (1.618 Fibonacci Extension):
The projected target is marked with a 1.618 Fibonacci extension, a common tool used to predict possible upside after a breakout. This level is approximately 1.618 trillion USD.
The price has already started moving upwards after the handle formation, suggesting a breakout might be underway.
3. Current Market Situation:
As of the latest candle in the chart, the total market cap excluding BTC and ETH is sitting at 634.208B USD.
There’s a notable surge of about +12.91% in the current period, which aligns with the idea of bullish momentum taking over after the handle's formation.
4. Bullish Flag (Handle):
The handle portion seems to form a bullish flag, which is a continuation pattern that confirms the overall uptrend.
Once the price breaks the handle's resistance, the expectation is a rapid increase in market cap, potentially reaching the target shown.
Conclusion:
The chart indicates a bullish outlook for the altcoin market (excluding BTC and ETH).
The cup and handle pattern is one of the strongest continuation patterns, and with the market currently showing signs of strength, a breakout could take the market cap towards the 1.618 trillion USD target if the current trend persists.
However, be mindful of market sentiment and global macroeconomic factors that can affect crypto markets.
Total 3 Big Crash!This is just a harmonic Pattern Prediction and can be failed if Break SL zone
attention: this is not financial Advice
TOTAL 3 BULL CYCLE BEGINSTotal 3 recently broke a downtrend and now it's ready to grow. If you are scalper or 3 minute trader, this information is not going to be usefull for you. All you can use from this map is bias, which is bullish at the this very moment.
For all the others who invest in a smart way;
Next fall of Bitcoin will not be as expected. From this day forward, if you see any crash on market just know that it's a buy opportunity.
Invest in projects that can gain value, not old projects that already hyped and died long ago (Like OP, DOT, EGLD.. Ect.)
If you are using leverage, either from here or in next crash use only 2 X in isolated mode.
Mark your TP for higher targets and think big.
I market Total 3's targets on the chart. Every fib zone in this area is a resistence for altcoins. It doesn't matter which one you have (ecxept ETH), it will work just fine.
Wait for a correction and find strong projects like SOL, BNB, Render, Near Ect..
Do not invest shitcoins or whatever your friend suggested you to invest.
TOTAL3-USDT - RISK ON - ALTSEASON IS HERE!This will be the most important Weekly Close of the cycle for Altcoins.
TOTAL3-USDT has shown a “3 White Soldiers” pattern and broken out of its Bull Pennant and Bull Market Support Band.
RSI has also flipped bullish.
The last time this happened Q4 2020, Alts ripped ~1,100% over a 1 year period.
This rally has been fueled by the Fed announcing a massive 50 Bps Rate Cut, with PBOC doing the same shortly after.
More rate cuts are expected November 6th and December 17th to push risk even further.
Get ready for all your normie friends to start messaging you asking for crypto advice.
I personally have experienced this the past week.
Altcoins To RallyQuick reminder that TOTAL 3, which is the crypto market cap minus bitcoin and ethereum, looks poised for a major breakout on the weekly chart, to be confirmed on Sunday. This is a serious signal that altcoins should go on a rally. Let’s hope.
Are you ready for #altseason?2024\2025 #Altcoin market value will move towards the highest levels in history!
Any project you have in your bag will benefit from this. Some are #altcoins 10x, some are 100x, some are 250x
“ If you don't hold it, you can't get rich season has started! ”
Altcoin Market Breaking Out: Bull-Flag!Altcoins have been steadily losing value against BTC ever since the March top. However, TOTAL3 (total marketcap minus BTC+ETH marketcap) has finally broken out of a 6-month bearish channel pattern, making it a successful bull-flag break out.
It's too early to call for a definitive continuation of the trend, but at least a major long-term pattern has changed as of this week.
For now, I'm hoping for a move towards the yellow line, being the 2024 top. With a BTC Dominance at 57.5%, it would most likely lead to a new BTC all-time high if the altcoin market reaches the 2024 top.
Potentially exciting times ahead!
Altcoins About To ExplodeTotal 3 represents the total market cap of crypto, excluding Bitcoin and Ethereum. As you can see, it's still about 50% below its 2021 highs, despite the addition of millions of new coins. If you’re into charting metrics like this (even though it’s not a traded asset), you can spot a potential weekly breakout forming.
As I’ve been saying, the last six months have been completely avoidable for altcoins. Nobody wanted to hear it, we lost subscribers, and I wasn’t sharing many charts. But if you’re a trader, you know that sometimes doing nothing is a valid strategy.
Now, it looks like the time to stop sitting on your hands has arrived. I’m getting bullish on altcoins—and this aligns perfectly with the halving cycle I’ve been talking about for ages.
Finally Alt Market Looks Ready For 300 to 400% Recovery finally altcoins market is ready to explode in coming weeks almost six months bullish flag consolidation breakout has confirmed recently most of coins breaking out too expecting 300 to 400% bullish recovery in coming weeks
Altcoin Map Thru 2025+This is a chart of TOTAL3 (alts -btc/eth) that accounts for diminishing returns.
It's an easy guide to follow to make $ with crypto alt coins, and also potentially compound gains while avoiding bear markets using historical, seasonal trends and M2 liquidity.
Inverse Head and ShouldersThe chart shows you the total market cap excluding Bitcoin and Ethereum on a 4-hour timeframe. The pattern that appears to be forming is an "" pattern, which is typically a bullish reversal pattern.
- First Target Level: 725B
- Second Target Level: 775B
TOTAL3 8H update - Sep 23 2024Following previous analysis, #TOTAL3 rose towards the resistance zone and after touching the 580B level, it started to drop but FED's decision to cut the rates by 0.5% prevented further drop and market pumped as analyzed before FED's meeting.
TOTAL3 is now in the vicinity of the mid-term trendline and we can expect some drop during this week. What comes next with TOTAL3 is most probably a rise towards 650B level and then 700B zone.
This means many coins are going to touch higher levels soon.
As long as the drawn blue trendline isn't broken, this analysis is valid.
TOTAL3 now can gohey boy in this chart can see total3 breakout go to new HH
not forget follow me to get more news
TOTAL 3 - ALTCOINS GOING TO THE MOON!!!We have the dominance of bitcoin going down. We have total 3(All crypto, instead btc and eth), going up and possible coming out this channel. If this breaks guys. Is going to be huge.
Altcoins likely to break-out#Altcoins reaching an important resistance. RSI looks good in the fifth attempt, so resistance looks weak now. Maybe a bull run is coming.
TOTAL3TOTAL3 ~ 1W ✅
If you want to see when is the right time for AltCoin to rise parabolically,. You need to pay attention to this chart.
A breakout of this descending pattern will allow Altcoins to rise massively.
