Altcoins (Total3) UpdateI think the moment has finally come, we are about to see the formation of the handle, and hopefully alts correct alongside BTC into mid April. A 60% climb to all-time-highs over the coming months. Then we will likely see a few bull market corrections brutal in nature.
-Short-term we tap the golden fib again and possible flush downward 50B or so
-Medium term rocket ship to 1.1 T
-Next Spring/Summer we are baffled by how insane the high momentum alts have gone
TOTAL3 trade ideas
Alt Season Reversal soon?Alt Season Reversal soon?
So far bullish season on alts going well. We might see a retrace near 800B. 823B is my point of interest where alt can go for liquidity run.
there is clean bullish divergence on USDT>D with Market Cap indicating a bullish move and a final leg before it retraces
total 3 projection till mid of may 24total 3 projection till mid of may 24 as a continue of previous fractal projected on nov 23
we target approx. 1T before 3rd week of may this will result a nice alt season continuation till ETH. ETF approval before the long bull run starts on July 24 we will update later
ALTCOINS Update ! Resistance hitHere this chart total altcoins with no btc and no eth...clearly show us some resistance
1. Scenario number one - most of the altcoins will break this resistance and PUMP
2. Scenario number two - bitcoin will pullback and altcoins won't pump
Note: this is a short -term scenario -> it happens every cycle.
Take Care ✌️
Altcoin Dominance excluding stables at the critical pointHey all,
Altcoin Dominance excluding the stable coins is about to break the descending channel as same as 2020. However, 4 years ago in a very similar point the channel could not be broken and the all crypto market went down like 20-50% from their tops and then Bitcoin has started real bull run. During this real BTC bull run, many altcoins lost their values against BTC around 50-75%. After the BTC bull run, altcoins made 5-10x as average.
So, I'm holding 50% BTC and 50% alts. If a similar thing happen like in 2020, I will be happy to hold enough BTC and then convert them into altcoins at some point. So, I'll leverage BTC gains with altcoin gains as well. If not it means that descending channel to be broken and altcoins will do a really crazy rally and I'll be happy to hold 50% altcoins.
These are all my opinions and not financial advise.
Please do your own analysis.
Cheers!
WER we AR now, Toto? "Bark bark" - Toto answered and Elly pulled on the leash - "Look for blood, look for it!"
And Toto starts sniffin'
gutten Tag mein kline Freunde!
its time to look at the big picture and here iz my opinion:
we are the witnesses of the final (and most strong) wave before regulation and stuff. it shoud end BEFORE 2025, I mean that after 2025 correction of all previous growth will start.
think, analyze and buy the dip. when it comes ofcourse, not now:) THEN.
ps: the structure - I dunno, it seems like a ZigZag, will see - I will update this chart. Maybe ;)
ALT Season on Verge of Breakout? This is the way...Are your bags packed? Are you ready to go?
It appears we are on the verge of Alt Season as Total Market Cap excluding BTC & ETH is ready to break to the upside. Now that people are sitting on BTC gains at All-Time Highs, I would start looking for rotations into hyped up Alt projects - NFTS, Stable Coins, and Pepe's and just classic Shit Coins. As long as the Government is mathematically obligated to print, all that shall trade shall pump. This is the way.
If this breakout fails (and BTC sells off hard), I would look for the market cap to test the 70 RSI level for support before reloading for another leg higher. The RSI is pretty over-bought on higher timeframes (3-Day, Weekly) at the moment.
Trade Advice: Take Profits. Shit will pump & dump. You don't need to sell entire positions all at once. Scale out on a schedule when you're sitting on Fat $tacks and Gains. Be OK with not realizing all the paper gains. Be stoked to have a balanced portfolio and in positioins to strike on the next opportunity.
A, B or C? #Crypto Total Market 3. W pattern or Continuation?As we near the end of this bear market in crypto
(in relation to #BTC 4 year cycles)
The lack of liquidity has been evident for many months now, with wild swings in both directions.
Which I have played to to make meaningful gains , if you have been following me on my ideas stream well done.
(YOUR trade = YOUR Risk management)
Lack of liquidity means lack of seller and buyers, yet buying interest in crypto still remains
As the #Doge pump highlights (another idea I shared last week)
I can't help but notice the similar pattern of the previous Bear market bottom... on a much more concentrated timeframe.
What took very nearly two years of price action to form and follow through on.
Is now occurring on a 6/7 month timeframe.
Very interesting indeed!
A, B or C?
Comment below
Altcoins hit golden fibAltcoins total3 (minus Eth stables) are pushing against the golden fib, my most important momentum indicator. A strong rejection here would lead to a drop of possibly 100 billion in market cap. This would form a VERY large cup and handle like we have seen on many digital assets including BTC/ETH and many strong alts.
- A full retrace is around 50% from here (this is what a golden fib indicates)
-With BTC breaching 70k, this altcoin movement will be much different than before
-We will reach at least 1.6 Trillion, but possible even 3 trillion or more with the amount of capital that is sidelined leading into this scenario
-In summary, I am short-term bearish, things need to cool off, long-term giga bullish
TOTAL3 Bullish OutlookAfter the previous CRYPTOCAP:TOTAL3 idea of mine invalidated (price breaks the consolidation area), Altcoin is ready to launch massively in 2024 bullrun.
Inverted Head & Shoulder spotted in weekly timeframe, this is also the case for CRYPTOCAP:TOTALDEFI . My target is the resistance area around 660B-740B. Bitcoin dominance is also about to go down (will update more about this soon) so altcoin season is very close.
CONSERVATIVE TOTAL3 ALTCOIN MARKET CAP PREDICTIONThis is my conservative Total3 (no BTC or ETH included) altcoin market cap prediction for a minimum all-time high.
Following the past trend, we can expect a high around ~$1.85 trillion . This is +178% from our current price and only a +70% increase from the prior all-time high in 2021. The expected date is an estimate taken from the number of days from the 2nd last ATH to the last ATH.
The data is only a single set and should not be taken as fact in the slightest. However, if we use it as an estimate, we will reach a new ATH on September 15, 2025 , which is 558 calendar days from today.
This is a strictly TA breakdown of the Total2 market cap. With full transparency, I think it is realistic that we will see a greater move than this. We may see this trend line only as resistance before breaking even further above $1.85. I have no time estimate for this.
Everyone knows we now have Bitcoin institutionally adopted. ETFs have exceeded inflow expectations and could lead to greater ATH's than predicted, which could be an indicator for the same moves for altcoins.
Alikze → TOTAL3 | Completing wave 3 upIn time D1 and H8, it is moving in an ascending channel, which has now entered an ascending rally after an ascending cycle and a correction in the form of three waves, which is now in the ascending wave 3, which has the ability to reach certain areas. will have the This moving wave has so far returned 100% of wave 1, which has the ability to reach 1.272 and 1.618, and then, if corrected, it will enter corrective wave 4, and finally wave 5 can extend to at least the specified supply area.
The current wave can have two behavioral scenarios according to the supply area of the previous ceiling.
First scenario: pull back internally and continue the route
The second scenario: the failure of the supply and pullback area and the continuation of the path, which if this scenario is realized, should extend to the indicated Fibo areas.
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