ALT Cap & BTC Cap | Happy Together Liquidity is Kinglooks like BTC has a banker of it's own to get liquidity and maintain Fear Greed
as well as ALTs uncompromised from BTCs funding
LONG story short... Alts have body guards to support fresh investors not to panic and reward towards Q4 and Q1 next year
TOTAL3 trade ideas
Total 3 is still struggling if this analysis is right, so just be patient we going to see a huge move down in Atls. Don’t forget to take profit as unrealised profit is not your until we book it.
Total 3 is still in zone we may see many alts creats lower low unless it breaks up side. there are some possibilities that it can also break up side however until proven otherwise we are still bearish.
dont listen to noice of influencers, they are just making you exit liquidity. See whats going in real world
Total MC vs Total 3Total MC of crypto vs Total 3 is in completely different situation.
TOTAL MC has already broken trend but still facing resistance from 2017 however, we have been hovering in the same zone from quite a long time now so there is a tiny possibility to break out this zone
BUT
Total 3 is in completely different situation, there hasn’t been break out yet so we know that if Total MC do break we can still see alts making lower low until we break this zone.
alts short/midtermafter my previous analysis on alts , this is an update about where we can go from here in the q4 to q1 2024 .
in my opinion alts are showing strength (take a look on my alts/btc chart ) . btc could go for a parabolic run from here 50-60k . final target depends on btc and alts dominance .
the targets represent where we can go before a major correction/crash or a corrective wave .
we will update later when we have more data of where we can extend with this movement .
this is not a financial advice
thank you
Alts chartYou can build this chart your self using tradingview . Its simple total 3 - xrp - stables . I excluded xrp and eth because i am interested only is mid-small caps .
Alts for now not so negative if they stay within the range indicated. This is a short term analysis . Closing 2-3 day below the range is negative .
This is not finnacial advice.
Alts soar or dump ? This is the most reliable and important alts chart you will find in the internet , after altperp ftx alts goes down because of the ftx collapse , in this chart you can see the bear flag pattern , i think that this small alts rally will end and we will reach the bottom of the channel and then , i expect bearking down to the indicated lelel 120-110B for alts market cap excluding stables and ETH . (SAME THING IF WE INCLUDE ETH ) .
The pattern could not succed and the alts will go to the other direction of course , the pattern do not succeed every time !
There is bearish hidden divergence that would help to increase the possibilty of the rally termination
Another argument i need to point out is the stable coin dominance. :
This is not a financial advice.
Thank you
Altcoins range overviewassuming that btc started its bull run jan-2023 , altcoins still in the range indicated in the chart . the 3 red lines where the prices are in , represent the range and the mid range we are trading in for almost a year and a half . the cyan lines indicating 3 months mother and inside bar which we are trading in for 450days now with the deviations indicated in the red boxes up/below range .
if we assume that we had bottomed , you can dca using the lines/levels inside the range . if you want to be more risky and as a result more profitable ,, you can accumulate alts inside the purple box indicated in the chart . it should be the deviated of the whole range assuming that we have not bottomed yet , the purple box have confluence indicated in my previous charts , (yo) indicated the yearly open that prices tend to revisit often .
the black lines are targets in case we will have altcoins rally .
if you want to accumulate and dcaing into altcoins . this chart is key for you , you keep an eye on the levels one after one ignoring the FOMO/FEAR in the media .
this is not a financial advice .
thank you
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