Opportunity #CRYPTOA head and shoulders pattern supports the coins and is unified across most cryptocurrencies and the total market as well. We can exploit this pattern for a speculative rise ranging from 15% to 30%.
TOTAL3 trade ideas
TOTAL3Total 3 on the weekly timeframe is beginning to form a head and shoulders reversal pattern. Therefore, we expect the value to rise soon, targeting $1.312 trillion. As we discussed, it is best to build positions accordingly.
Are Alts Ready For Entry? Meh...But DogWifHat Might Surprise!Traders,
I promised to do some analysis on alts. Altcoins are looking pretty bearish right now but some unexpected coins are looking especially interesting. It may surprise you which categories of alts could pump soon.
Stew
Altcoins ready to dump soon.The market cap saw a significant rise from 2017 to 2021, peaking above 1.2T USD.
This was followed by a sharp decline, and subsequent fluctuations between 2021 and 2023.
There is a prominent dip into a highlighted blue zone around late 2022 to early 2023, suggesting a strong support level.
Future Projections (2024-2031):
The projection line indicates a rise in market cap approaching 800B in 2024-2025, touching a region marked as "Buyside Liquidity."
A recommended shorting point is marked in early 2025, suggesting a peak before a decline.
The market cap is projected to dip back into the blue support zone by 2026.
Another significant drop is anticipated around 2027, reaching another highlighted grey support zone, where a buy opportunity is suggested.
Annotations
Short here: Indicated near the projected peak in 2025, suggesting this as an optimal point to short the market.
Buy here: Indicated in the projected dip around 2027, suggesting this as an optimal point to buy.
This analysis can guide investors in timing their trades based on historical trends and projected market movements.
Wen altseason?Sure, here's a clearer and more polished version of your text:
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The question on everyone's mind, especially after the recent bloodbath across altcoins, is:
Could prices go lower, or is this the bottom?
While anything is still possible, this chart offers some interesting insights.
This is the TOTAL3 chart, which excludes BTC and ETH, and also removes stablecoins USDT and USDC, valuing the basis in BTC. From my perspective, it's the best way to track when we have reached the bottom.
Lows Run = Pain delivered
The main objective has been hit recently. Now, I am observing to see if a trending environment starts to build over the next few weeks.
Confirmation
If we see new highs relative to the local price action before the lows were taken out, I would be more confident in saying that we are in an altseason.
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Composite way.Hi, everybody.
This is one of those composite charts that are designed to help you understand a little more.
First let me say that if you look at the larger timeframes, the whole market situation looks like some sideways movement. While some see a rise as early as tomorrow and others see the market falling, I see no clear signs of either right now. My personal opinion. But I do see something in the future.
So, we take the capitalisation of all coins without BTC and ETH,
subtract Tether additionally from it and divide by BTC.
On the left is a daily chart, on the right 19D.
Daily.
I haven't switched on the Volume Flow Indicator (VFI) for a long time.
There is a positive signal, the short volume EMA crossed the long EMA to form a golden cross.
If the volume data is valid, it means that the process of pumping liquidity into Total3 is underway.
The signal from the 9 seasons rainbow is ambiguous.
We have as many as three fuchsia-coloured stripes signalling a crazy sell,
and they have been replaced by light red stripes. In typical cases this is interpreted as:
Crazy Sold (Fuchsia) -> Bear Bounce (Light Red):
This normally indicates price has dropped to a new level
In addition, the Whalemap Indicator recorded purchases in February this year at 0.43.
It is assumed that the profit on these purchases is underperforming. Now the altcoin market is below this buying point.
19D.
Here I will switch to Ichimoku and Stupid Willy.
On the clouds we can see the "thin neck" area. Anyone who has been following my charts for a long time knows that I keep a close eye on these areas. When Senkou Span A and B come so close, it means an area extremely convenient for a resistance breakout. For price to break out above the clouds and start a run.
On this chart, the neckline starts on 23 September and ends on 31 October.
We can expect a breakout in this time frame, I think.
Stupid Willy showed a switching trend signal from red to green as early as the end of April, and pretty quickly back to red again. However, these signals occur when the black EMA crosses the major signal line.
And the black has once again come close to the leading line. I expect that by mid-summer we will have a sustained green.
Past pumps have formed two tops on this chart.
1.34 and 0.98. Additionally, I will highlight the resistance level of 0.68.
0.68 is the first target that the TOTAL-3 should pass towards new tops.
Unfortunately everything is still very slow.
But we are not discouraged.
I remember the summer and autumn of 2017,
not everyone actually thought growth was possible.
Killing faith is one of the tricks of this market.
ALTCOIN Will -20% With Elliot WaveCorrective wave is not end
It will going -20% to reach which is Altcoin will dumping more than 15%
Quality structure.26D chart.
The dynamics are positive.
I think all of 2024 and most of 2025 TOTAL3
will go significantly above this red cloud stretched sideways.
That's what usually happens. If the candle and the kijun line
are above the green cloud, and the next sideways red cloud
is not too wide, the price will just be above it.
How high? Let's see.
I think it will be ok if TOTAL3 takes 3 to 4 trillion this time.
TOTAL3 Analysis (Altcoins) - June 27 2024TOTAL3 (crypto excluding BTC and ETH)
looking at TOTAL3 chart, it's obvious that altcoins, in general, are currently in low-risk zone and are suitable for some swing Buy/Long entries.
in fact you may have noticed that during past few days some coins have been doing better compared to BTC
TOTAL 3Total 3 is a chart of the entire market cap of crypto excluding BTC and ETH. It is a decent measure of the altcoin market as a whole.
It shows an interesting picture for altcoins. While Bitcoin made a new all time high, it is very clear that ETF money does not trickle down into the rest of the crypto market. Total 3 is barely over 50% of the all time high from 2021, when it reached $1.131T. It is currently at $597.2T.
Bears will tell you that altcoins are dead. Bulls will tell you that a massive altseason is inevitable.
It is up to you to choose, but it is clear that alts have a lot of catching up to do.
Something BIG is coming!The total crypto marketcap - BTC/ETH is showing us something incredible!
Get ready for .....
TOTAL 3 is bearishThe main structure of TOTAL 3 is bearish.
A trendline is break down. It is now below the resistance (flip)
By maintaining the supply, it can move towards the targets. The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
TOTAL 3 BULLRUN ??Hello everyone.
We can see a similar structure to that of December - February (yellow triangles). It is possible that the bearish sentiment has ended. BOTTOM IS IN !!!!
The last phase of the cycle, THE BULL RUN, is about to START.
(NOT FINANCIAL ADVICE)
#TOTAL3 Market Update Here’s an important update on TOTAL3, reflecting the recent market dynamics and our analysis:
📉Recent Movement:
- After the dip of 7 June, TOTAL3 has returned to the center of its 9-week-long consolidation range (visible on the weekly time frame in the inset of the attached chart).
- Simultaneously, we observe a reversion to the center of the 50-day and 100-day moving averages on the daily time frame (main chart volume), alongside a rejection from the monthly R3 level.
🔍 Current Situation:
🔮We foresee two primary scenarios:
📈 Scenario 1: Consolidation and Attempted Breakout (Green Scenario)
- TOTAL3 consolidates around the current mark, fluctuating within a +/- 2-3% range, preparing for a second attempt at an upward breakout. This is the most favorable scenario.
📉Scenario 2: Reaction to US #CPI Data (Red Scenario)
- With the US CPI data release on Wednesday, stronger-than-expected results could lead to a pullback towards the monthly S3 level (approximately -5% across TOTAL3), followed by a swift rebound. In case of a very strong CPI report, a correction to the lower boundary of the red channel (-8%) with an even quicker recovery is possible.
- Both scenarios indicate long positions, differing only in the extent of corrections.
🚨 Key Levels:
- It’s crucial not to break and settle below the May 15th low, as this would invalidate the long structure, potentially leading to a total -12% to -26% drop in TOTAL3.
- However, given the robust ETF inflows and the anticipated launch of the spot Ethereum ETF, such a bearish scenario seems unlikely. Additionally, with the ECB’s recent rate cut, we might expect the Federal Reserve to follow suit within the next 2-6 months, usually lagging behind ECB to avoid destabilizing the currency market.
Stay vigilant and adjust your strategies accordingly.
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Feel free to share your thoughts or ask questions in the comments!
CRYPTO TOTAL EX BTC AND ETH ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
$ALT coin Update NASDAQ:ALT marketcap need to move above the trend line & hold it, then we will see a big bang in the month of July🚀 Expecting, a rally will start like feb - mar!
total3 is ready to break upwarthere is a perfect parallel channel and bull flag formation. A breakout to the upside is very close. I think this is a promising chart for alts.
BTC is King, more than everThis puny altcoins are breaking down against CRYPTOCAP:BTC
ETH is coming down since 2 years ago
Most Altcoins are bleeding against BTC
BTC dominance is going to 60%
What's next for altcoins ? TOTAL3 analysisAt present, the CRYPTOCAP:TOTAL3 , which excludes the Bitcoin and Ethereum Marketcap, is navigating through a critical phase. 'total3' has now come into contact with its short-term support level, a zone that has repeatedly demonstrated its strength and sturdiness, having successfully held up multiple times in the past.
This support zone is of paramount importance for the performance of alt-coins. In order for these alt-coins to see an uptick in their values, this support needs to prove its strength once again and hold firm. Moreover, the total market cap needs to experience a bounce back from its current position in the 600B zone. If these conditions are met, it could potentially lead to a significant price boost for the major alt-coins in the market.
However, there's always the possibility that this support fails to hold up. In such a scenario, the ensuing support is situated around the 500B mark, which is also a robust support level. Should the total market cap hit this support level, we can anticipate a bounce back. But it's crucial to note that if this support level is indeed tested, it could lead to a considerable number of alt-coins losing their value.
As of now, it remains to be seen which of these scenarios will play out. Personally, I am hoping for a rebound from the current support around the 600B mark, as it would bode well for the state of the market and the alt-coins in particular.
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Cheers,
GreenCrypto
Big couple and handle in formation on Total3 Hello
I see a forming coup and handle on TOTAL3 ( altcoins)
What do you think ?
Detailed Analysis of Altcoin's Market DynamicsRecent Market Performance
From October 2023 to March 2024, the altcoin market experienced significant growth, increasing from a $314 billion to almost $783 billion market cap—a remarkable 150% rise in just five months. Such rapid growth often leads to market corrections, which many retail investors find challenging to navigate. Recently, the market corrected by 29%, dropping to around $559 billion. This correction is considered healthy following the substantial growth phase.
Historical Market Patterns
Examining past trends provides insights into future market behaviors. For instance, in late 2020 and early 2021:
- Bitcoin Surge (October-November 2020): Bitcoin's price doubled from $10,000 to $20,000.
- Altcoin Lag and Subsequent Rally (December 2020 - January 2021): While Bitcoin surged, altcoins remained stagnant, causing investor disappointment. However, two months later, altcoins experienced a massive rally, tripling in market cap within a month.
This pattern of initial stagnation and subsequent explosive growth is reminiscent of current market conditions, where investor fatigue often precedes significant gains.
Near-Term Market Predictions
Key upcoming event: ETH ETF Launch on July 2nd
- Unlike the Bitcoin ETF launch, which did not trigger an immediate price surge, the ETH ETF launch is not expected to cause a dramatic market reaction on the day itself.
- The next 3-4 weeks are projected to be relatively sideways or bearish for altcoins, with a potential market reversal and new rally starting around mid-July.
Current Market Cap Scenarios
Two potential scenarios for the altcoin market cap leading up to and following the ETH ETF launch:
1. Reaching Blue Zone $534 - $550 billion market cap and bouncing.
- This is less likely unless there is bullish sentiment in the market, particularly if the $550 billion level is reached before or just after July 2nd.
2. Dropping to the $480 billion region (Green), testing the weekly moving average 200, and then bouncing.
- This scenario seems more logical, particularly if it happens around mid-July. Such a drop (another 15%) would likely induce market panic and exhaustion, setting the stage for a significant reversal.
Long-Term Outlook
Despite the short-term uncertainty and potential for further declines, the market is believed to be near its bottom. The long-term prospects for altcoins appear positive, with the market potentially reaching $1 trillion and setting new all-time highs. Therefore, even buying at current levels is expected to be beneficial in the long run.
Conclusion
The altcoin market recently grew a lot but then corrected, which is normal. Historical trends show that big gains often come after such corrections. We might see more sideways or downward movement before a big rebound around mid-July. Even if the market drops a bit more, it's likely near the bottom, and buying now could pay off in the long run.
