TOTAL3 analysis 1hTotal 3 trend lines are broken and fall to at least 322
The mid-term targets are as follows
318B$
314B$
311B$
309B$
If altcoins fall, they can fall between 5 and 20 percent
TOTAL3 trade ideas
TOTAL 3....D= technical analysis for total 3
= Analysis on the daily time frame
= The analysis is based on the Wyckoff circle analysis
= The strongest scenario is the ascent in two stages, the first to level 442.197b .. and the second to level 632.939b
TOTAL3, Trend, daily closer look into Total3 weekly chart which was published in past days.
due to Daily Bull divergence in making with potential upside path shown
TOTAL3 trend!2 sets of Fib lines drawn on this chart,
long term Bull fib ext. in Black colour &
Bear Fib ext drawn from prior 2 tops which suggests an ABC corrective pattern, expanded Flat, in play. such patterns often get extended to multiples of Golden fib ratio in worst cases.
even with worst case scenario up move of correction of the whole bear leg is well over due .
expected levels in case of an ABC upward and if more optimistic view continuation to upper levels shown on chart.
Weekly momentum , bull divergence in play, also same bull divergence seen on daily.
The Crypto market bottom is close !!Total 3 analysis ( all market cap except BTC -ETH)
Iam surprised how this chart looks so similar to famous market cycle physiology chart
According to the famous model we are likely to form the final low (Depression phase) very soon in Q4/2023 or early 2024 after that new bull cycle start !
Be patient the hardest moves of bears are done
Gold things take time
Best of wishes
Crypto BreakdownDiscussing the price-action on BTC, ETH and TOTAL 3 (altcoins)
Stay composed. Act accordingly.
TOTAL3 - WallStreet Psychology matchingTOTAL3 is how following perfectly the wallstreet psychology cheat sheet.
for fun, tried a fibo extension on this stage. could this lead us to a TOTAL 250B$ ?
Would be -21% fall from where it is now
Crypto Total Market Cap Made SimpleNo need for fancy lines! Below the sleep mode lines and walls (previous support turned resistance), you are in the bad zone.
GO long when the opposite happens.
Level by level killing useless coinsWe are in a different era for the crypto industry. Although some meme coins pop up time to time, the market struggles to get new money. CRYPTOCAP:TOTAL3 shows the total crypto marketcap excluding BINANCE:BTCUSD and BINANCE:ETHUSD . We can see that the price established levels and is struggling to move upward. This means that the players need to select useful projects and rotate money to catch up the big moves. Thus, whenever we loose a level, useless coins loose big percentages (10-20%). For now we are holding this big support zone, loosing this zone means that crypto exchanges are going to delist your shitcoins. Be selective when building the long-term bag.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
TOTAL3 By HesamUNT ( Bloody alts )hey traders
check this weekly zone at TOTAL3
theres a huge descending triangle pattern in this zone
Target confirmed by all time Fib retracement and extention
what u think ? share ur thoughts and leave a comment
TOTAL3 is in the Global Purchase Zone!!!Global Purchase Zone 388.685-275.539
Purchase level 336.268
Local purchase zone 331.297-247.814
Purchase level 293.175
Sweet Shopping Zone 323.856-286.795
Volume price 351.584
Total volume price 373.861
We have just broken through the price of the withdrawal with an impulse!!!
At the moment we brought 18.154 billion into the market!!!
Perhaps we witnessed the beginning of the growth of TOTLA3 the rest did not look!
2023/08/11BTC DOMINANCE has pulled back after many days. Broke support and got back in. However losing volume. Possible shot at 51% either BTC price goes up and alts crash.
USDT is on a sideway market. Rejected from the resistance reaching support at 7.13%. A possible short term bounce expected.
ETHBTC. Is going sideways. But close to the support at 0.055 and then should see more volume come in at that level. BTC price will be stronger than etherium.
TOTAL1 will reach 1.192 possibly pumping BTC in short term.
TOTAL2 probably reach its support.
TOTAL3 will find it’s support at 318
Analysis of Market Cap without BTC and ETHZooming in on the crypto pantheon, Ethereum and Bitcoin emerge as the twin pillars of utmost valuation, casting their colossal shadows across the market expanse. Yet, peeling away these titans unveils a tableau replete with intriguing dynamics. Notably, the breach of the $342 billion support yields an evocative narrative, followed by a subsequent test of this level in the guise of a resistance. This pivotal juncture propels altcoins toward an unmistakable downward trajectory. In the wake of this revelation, bearish sentiments eclipse the altcoin horizon, portending a looming sell-off, the reverberations of which could steer the collective search for a secure foothold within the confines of the $321 billion to $326 billion range. This impending support assumes paramount importance, as any transgression could potentially instigate a more dramatic and exacerbated sell-off, effectively reverting the altcoin realm to a precarious juncture nestled within the $287 billion to $293 billion range. This disheartening sequence mirrors a historical pattern of dual sell-offs, elegantly depicted in the data-laden chart.
Alts need a 'Small Push' for a HUGE Pump!Market keeps going sideways after XRP vs SEC news favored the crypto market.
Today i will not talk about Fundamentals though but about Technical (TA).
What i like to call the 'All Time Trendline' is the biggest level in my analysis.
In this case this has clearly acted as support in March this year and more recently in June this summer.
At this stage this same level is resistance at 377 Billions.
If and when this level can be breached it can result to a massive Pump (a Rise) in Altcoins as the next level would be much higher at 600 billion dollars.
The price is trapped in a descending channel and those more likely end up offering breakouts.
We are very close to that breakout, we practically need a 'little push' over the 380 billion level.
Nasdaq might give us that little push coming closer to All Time Highs.
Be aware: we are still at resistance (the channel/yellow levels). We still need that little push to break much higher! So we will be on alert!
the Bad scenario is rejection and lower in the channel..still priced at 37-38% likelihood for 296 billion Total 3.
One Love,
The FXPROFESSOR
PS. Time for Alts to rise Bitcoin higher or will a systemic risk do the opposite? We will find out in the next 2-3 months! stay close, stay focused.
Total3 - Altcoins - Looks poised to PUMPDid post some some semi bullish tweets, (pls see profile for more info) with individual names. But let's touch on #altcoins as they are my fav :)
4Hr chart shows
Did speak on positive divergence few times
RSI over 50 = GOOD
Bullish Moving Avg crossover
HERE IT GETS INTERESTING
Almost forgot that there's TWO inverse head & shoulder patterns for
TOTAL 3 (no CRYPTOCAP:BTC or MIL:ETH )
Smaller has been forming since April and the MUCH LARGER one has been in the making for over year!
If it breaks with volume = #crypto #altcoins🚀🚀🚀
TOTAL2Hello Dears
As the chart shows us that TOTALL 2 and TOTAL3 are on their bearish way .
I think this year MUST focus on short position or trade in Forex.
Will SEC witchunt kill TOTAL3?! What does it need?? SEC wants to crack down on crypto market
This is a means to control the flow of money. Every nation across time does not want to see their money flow out of their 'bloc'. If Binance continues to be a behemoth in the new finance space whilst CZ is in China.. this will continued to be perceived as a threat. I dont have extra information into Binance but regardless the Western bloc doesnt want Binance to be taking retail or corporate USD/EUR/GBP/AUD/CAD/etc en masse. Just as China does not want US tech companies to dominate a space like search for Chinese people.
This will consolidate the market
If SEC is successful (i dont know if they will be) then it will consolidate the market. This consolidation can be great for TOTAL3. Personal views aside if the flow of money is clear for larger actors then floodgates can open. From retirement funds to sovereign wealth funds to even treasuries.
Who would lose ?
Many altcoins could be damaged beyond point of recovery. Recovery I mean getting back to where they were. Many can dwindle into obscurity and became harder and harder to participate in. The real loser out of a consolidation of the crypto market will be retail and class mobility.
What to do about it ?
The upside potential of many smaller altcoins can easily tempt many to dump their bags into those with greatest upside. Regardless of SEC and regulation these smallest ones have the most risk. It is important not to be too lopsided in high risk crypto when crypto itself as an index is down 70%+ ie 3.3x to highs. There is plenty of gains out there within the bigger players who are more likely to rise above regulation and be where money is pushed to.
Who wins ?
As I imagine will be the case for at least another 10+ years.. the winner will be bitcoin. It will be hard to stop. Even anti crypto regulation will help bitcoin. It may be the biggest and seem like the least upside but it is increasingly important to have some exposure to the sun. Sun=BTC.
ALTSeason 2023: TOP 10 Altcoins I'm WatchingHi Traders, Investors and Speculators of Charts📈📉
In my recent DOGEUSDT post, I explained the dynamics of how money constantly rotates in the crypto markets AND how the BTC halving affects this phenomena. If you missed it, check it out here:
In short, after BTC rallies and cools down with a period of sideways trading, you can expect to see rallies across the Altcoin market, usually in order of market cap. Since we've already seen the higher cap alts rally like LTC and SOL; we can now expect to see parabolic rallies on "random" smaller-cap altcoins across the market.
Note that is is not for the immediate term, in other words not TODAY, but alts that can potentially go parabolic between Q3 and Q4 of this year. Here are the top ones that I'm watching:
1) DOGEUSDT (although not a small-cap, I'm super bullish on DOGE)
2) BATUSDT
3) NEOUSDT
4) GLMUSDT
5) HBARUSDT
I will update this chart over the next few days with the next 5, stay tuned
NOTE that the price-range tool is not intended to indicate the date, NOR does it indicate that I expect the price to go up in a straight line. Allthough the price has gone up in a straight line before, the altcoin market is more mature than last time. These are REALISTIC targets as the price has been there before, however you will need PATIENCE to get there. This post is mostly for those who accumulate with their eye on certain targets, in other words the HODLERS.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
BINANCE:DOGEUSDT COINBASE:DOGEUSD BITTREX:NEOUSD BINANCE:NEOUSDT BINANCE:BATUSDT BINANCE:GLMRUSDT BYBIT:HBARUSDT.P BYBIT:HBARUSDT
Huge Inverse Head and Shoulders on TOTAL3This is another TA on why it's a good place to be buying altcoins this summer.
Based on the chart, we can observe a huge falling wedge that was broken in July. The price has been above the trendline for several weeks, indicating a clean breakout. Furthermore, there seems to be a formation of an inverse head and shoulders pattern. Currently, we are completing the right shoulder, and if we manage to see the price reaching the base, I anticipate a continuation of the upward movement towards the previous support zone around 470 or 500 billions.
It's worth noting the RSI as well. At the beginning of this year in January, this trendline was breached, transitioning from a downtrend. In June, we retested it from above, and now we witness a bounce, which adds another bullish signal.
So I believe these technical factors point to potential further upside. Pick your favorite altcoins and get ready for the summer rally. Happy trading!
Crypto Market Still Looks Attractive So Far Alts Looking good Market Cap Recently Breaks Falling Wedge In 3 Days tf Retesting In Process Incase Of successful Retest expecting Massive Bullish Rally In Coming Months Incase Of Successful Retest Expecting New Ath In Market cap Of Alts In Midterm
Alts vs Nasdaq, losing channelWe had a nice move back into the channel 1-2 weeks ago, but this is now potentially deviating back down, at which point range-mid on this hybrid chart will provide nice confluence for other patterns (with respect to "timing lows").
TOTAL 3 (EXCLUDE BTC AND ETH)There will probably be a mini rally in an ending diagonal, then a big collapse for alts is coming. Do not hold; just buy and sell.
Altcoin season May-June 2023Hi guys,
Looks like we hit the bottom or we are very close in regards of a potential upside move for altcoins. This would be confirmed with a drop in btc.d and a stable overall total market cap.
We noticed a 4h bull div on the RSI vs price. First targets marked on chart, get above & we fly.
Happy hunting !
