Altcoins cyclical scnarioyou find in the chat my cyclical altcoins scenario for the next bull run , enjoy
this is not a financial advice
thank you
TOTAL3 trade ideas
Alts ichimokuAccording to ichimoku , we can see a clear retest of the kijun and tenkan (red and blue line ) , this idicates a further down to come , until proven otherwise, we will update . For the chikou span (green line) , has no strong support , which make the drop easier .
In the weekly time frame always with ichimoku , we see a price rejection from the cloud (strong resistance ) .
All of that suggest more drope to come.
If there would be any invalidation we will update !
Not financial advice .
Thank you
BOTTOM FOR ALTSlast time i published a potential bottom / worst case scenario for alts using cap/handle pattern and inverse bear flag .
today i used descending channel with N wave target (v) they gave the exact same bottom .
note : we can have alts rally /rallies all the way down .
this is only a possible scenario/bottom based to TA , not a financial advice
thank you
alts short term bullish /bearish scenario for alts are indicated in the chart .
no one really knows the future , markets do what they want , for bearish scenario we have inverse cup and handle pattern with bear flag , the target is indicated with the red box.
bullish scenario indicated with the green box , we have inverse head and shoulder pattern and clone channel which acts like magic .
thank you
worst case scenario for alts For alts , i see the indicated cup and handle pattern , that has a target toward the green zone , but first we need to form that flag (i guess it will be an expanded flat )
you will heard of this as a rally in the media , this would complete the formation of the handle for the whole pattern ,
if the target would not be reached which is the worst case scenario, i guess that we will at least hit the first green zone which is the target of the flag (will update it when the flag formation is complete).
the best case scenario is that the bear market is over and we will at the maximum retest the lows . for me this is not the case .
fundamentally speaking , the legs down i spoke about would logically coincide with a recession or something bad crashing in the economy or perhaps another black swan event in the crypto space , cant predict !
so these are the three probable scenario for ALTS .
this chart include alts excluding eth .(same this if we include it) .
this is not a financial advice , only something i wanted to share with you people .
thank you
alts against btc after FTX collapsed , altperp ( ftx alts index ) is no longer valid .
i made this alts index myself excluding btc ,eth and stable coins ( it will be the same if we add eth ) .
the chart includes levels to watch for alts/btc , also a trend and a resistance trend .
this chart is very important to observe alts behavior against btc .
thank you
zones for dcaing into ALTS in this chat , i included most important zones to DCA ( dollar cost average ) into ALTCOINS .
you can split you investment into these 3 zones , the final zone is the maximum where the alts could go ( its not guaranteed that prices would fall into this zone ) .
the zones has a big confluence , ( fib levels , pattern targets , hosoda N wave targets , support zones )
this is not a FA
thank you
daily target for alts as you can see in the chart , a cup and handle pattern is present , and it can lead as to a target of 37-40% correction from todays value 163B)
this chart is for alts excluding eth ( its the same thing if we include eth ) .
the target is indicated in the green box
please remember that TA is not something absolute , its only scenarios
this is not a FA .
thank you
98% correction for ALTS is possible ! as you can see in the chart , a cup and handle pattern is present , and it can lead as to a target of 96-98% correction from the ATH .
this chart is for alts excluding eth ( its the same thing if we include eth ) .
the target is indicated in the green box (80-86% down from todays value 163B)
for me this is the worst scenario that can happen for alts , what would lead to this target could be a major cex collapse such as binance , a recession ...etc .
please remember that TA is not something absolute , its only scenarios
this is not a FA .
thank you
ALTSA - From ichimoku POV only :
1- we will face double resistance for price : kijun (red line) and cloud (+4%).
2- we could revert or enter the cloud and invalidate the next week (4-10%) , its common .
3-Entering the cloud and stay in it , we here wait for the other levels 240-250B and wait for chikou-span ( green line) to enter the cloud and not exit(not to invalidate) for 2-3weeks . we update after that .
if prices stays within the cloud 5-6 weeks , according to ichimoku we reverse the downtrend for ALTS.
B - using other approaches :
1-must clear 223-226b area and get acceptance above it for 2-3 weeks to seek for more upside , this area represent inverse fair value gap and fair value gap weekly .we update after that the next levels .it can/probably extend to the mid channel 246b .
2- 90DAYS range has targets of 247-259B . that could be attended or even gets deviated above by price . like it deviated below (red box ) .that give us a minimum of 20% up from here(from 219b)
3-280-310b range considered as a rock for prices (coincides with multi upper ranges levels ) , is the most optimistic area to visit if this rally got really extended . and its to top of this long accumulation range of approximately 500days .
Conclusion :
targets for alts rally : from +4% from here (219B) to (42-45%) .
other targets are still early to indicated as we still in the accumulation range .
this is not a financial advice
thank you
Alts short termi want to see something like that to play-out , 10 to 20% up and then , get back inside the range , kind of wolf -pattern , i do not see the positivity that will take alts much higher for now!
invalidation : closing 2-3 days below the range .
this is not a financial advice .
thank you
altcoinsamong all the altcoins related charts (total 3 , others.d ,others...ets) , i use this one, hand-made , substracted all the stable coins in order to give clearer picture for alts .
for me , first area that we need to surpass is the 220-230 area , otherwise it would be only a weak rally .in the range that we are ranging in for 483days for now .
in the chart you see 3 scenarios , clearing the first area and get acceptance above it , take us to the second one 260-280B ,after that i will update .
away from altseason myth , breakout and other myths you see in social media , you need to know that we are still in the accumulation range for 500days approximately now .(170B-280B).
only when we break through it and get accepted above it for weeks , will bring positivity for altcoins .otherwise we still playing inside the range indicated in my previous alts analysis .
for trading purposes , i indicated the 2 next area to the upside that you need to monitor .
this is no a financial advice .
thank you
Alts short termFor the past 10days , people were saying -50% , next day up , next day down ..etc. the only thing i saw is. A range , shared that a lot , not here , in my x account .
We have been ranging for days , next target is indicated . The bigger picture is we are under resistance of 600days accumulation range . We could deviate above and get back inside , or breaking up for good . A retest might be possible , shared these ideas in my other tradingview account . I will share here from now on !
This chart is for alts excluding xrp and eth .
This is short term idea/target.
Thank you and not a financial advice .
Total 3 consolidates Total 3 is currently consolidating above previous resistance now support and it also making a higher higher in price action for the first time I. 2 years. This is very bullish for the alt coin and it could be the sign of a reversal in play. Just remember what bitcoin did when it printed a higher high after months of downside.
Altcoin retrospectiveMost of the time there is a small pump before the real alt season, such a pump has been in since mid-September. Perhaps those who were afraid to miss the next alt season are now entering any correction, and in previous alt seasons, this was the best strategy. But if we analyze the logistic curve - the speed of information dissemination, we have to finish this cycle to start the next one. Coincidentally or by design, we've had a lot of big news in the last three days.
1. Sam Altman stepping down as CEO of OpenAI.
2. the final exit of the 2017 legend Bittrex from the market
3. CZ's resignation as CEO of Binance, courts, and fines
And in just a few days Black Friday - the last two years we have seen sales and discounts in the cryptocurrency market perhaps history will repeat itself.
Best regards EXCAVO
Total3 crypto altcoins looking to correctTotal3 has been in a massive high grade channel trending upward. Volume is historically much higher than the last year and RSI is trending up on the long term. I think we are at an inflection point for a potential larger correction here as many alts I have been following are breaking their channels downward. The dashed red line is an area of high interest for first target for a downside, the red line is .114 fib drawn on daily chart from most recent macro swing high. All EMAs are starting to curl and point downwards as well.
TOTAL - Jumped Across The Creek 🐴TOTAL3 is really starting to look very rosy and although there was a fast pull back, the area was quickly recovered as expressed by the Dragonfly Doji (red arrow).
If this next weekly candle closes with little downside then we may see some more pump action soon enough. Might re-test the trendline - we'll see.
I have plenty of coins in deep positions that I am watching to buy for the next phase.
Not advice.
ALTSEASON about to break-out aggressively!TOTAL3 which measures the Crypto Total Market Cap excluding Bitcoin (BTCUSD) and Ethereum (ETHUSD), is essentially a metric of the altcoin market. It's movement in relation to previous Cycle is indicative of what we call an 'Altseason', when this market segment rises disproportionally to the rest.
The price tested the 1W MA100 (green trend-line) last week for the 1st time since May 2022 but failed to break it and closed the week below it. With the rejection also being on the (dashed) top of the Ascending Triangle (bottom formation pattern), it appears that the market is replicating the sequence of January 20 2020. Even the 1W ROC patterns are identical.
As a result, a candle closing above the top of the Ascending Triangle, will be a buy signal for us, targeting initially the 0.5 Fibonacci level at 570B (as it did in July 27 2020 and wouldn't have done earlier if it weren't for the COVID crash). Then the 0.618 Fib should be targeted, which should give the final +/- 1 month consolidation before new All Time Highs.
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Alts/btcAlts vs btc
high time frame gartley
Would be bullish until the halving, Then alts get rekt vs btc post halving and into the next bear market
ALT-COINS FORECAST -'TILL the END OF next BULL MARKETI honestly believe in the next couple of years we will see a greater manipulation in altcoins ,than that we are use to! We could enter a bull-cycle and a bull market...
Firstly the bull-cycle will be shorter and may peak around 2025..
In this time many coins will have the change to stick around or get delisted (die).
Than after 2025 the "cream will go up" meaning the best projects that will strive until that time, will go up more and more. And many others will be forsaken.
The after-math of all bull cycles will bring us closer to the new world of the '30 (2030) from a technological perspective.
Crypto market will continue to grow. But expect brutal volatility along the years
Diversification of assets will become more important than usual. Meaning that market places like Centralized Exchanges will battle for market share.. until DEX-es will become the new standard of trading. AI could have a huge impact when that happens.
This is just my opinion based on facts that some big players share with us at the moment.
Please note.. the targets are made with a huge ETH and BTC Dominance along the years.
🔥 Altcoin's Highest Value Since Summer 2022: Mini Altseason!The total marketcap of altcoins, TOTAL3, has reached the highest value since August of 2022. In my view, this clear breakout marks the end of the bear-market accumulation phase and is the start of the next bull-cycle.
Like mentioned in my other analyses, the fact that the lows are in doesn't mean we will go up in a straight line. Most likely it's going to be a bumpy road towards the summer of next year, with the 'real' bull-market starting and the end of 2024 or start of 2025.
For now, I think that alts will see more growth. The yellow resistance is the most logical area in the short-term. Over the next few months, the blue resistance should be possible. Keep in mind that BTC has to trade relatively stable during this time.
With the Bitcoin dominance (above) in a clearly bullish trend, it's likely that alts will underperform BTC on average. Once BTC.D breaks down through the yellow line we can experience a 'mini altseason' where alts will outperform.
TOTAL3 - Altcoins Might Pull BackAltcoins have seen a boon this last month as well. Altcoin market capitalization increased 30% over the past four weeks, driving up from our Demand Zone.
Altcoin MC has now hit a resistance level at approximately $460B.
Above us is a very wide Low-Volume Node, with the next significant area of resistance in the $650B region.
This means that a successful breakout here could lead to a near doubling of altcoins market capitalization: or as it is colloquially called in crypto: alt season.
Altcoins are unpredictable, however principled analysis here leads me to consider now a current opportunity for trimming initial profits on altcoin long positions, and waiting to see if altcoins continue their charge or fall back into this year's trading range.
