TOTAL3 trade ideas
Crypto $TOTAL 3 been weak & likely has lil more to goUnless you're not on twitter #memecoin season hit hard & looks like it has likely GONE
This was a weird phase, very different from many others
Usually the pattern on break down = CRYPTOCAP:BTC > CRYPTOCAP:ETH > #altcoins > #memcoins
But most #crypto fell at same time this time around
Well, except SOME #memes
IMO the Bull is not dead BUT has a few spears in it (think Spain)
LONG TERM #crypto just retested BREAKOUT lvl
Need to expand long term chart
Total 3 Market cap , Bitcoin marketcap so right now we hare see Bitcoin marketcap chart look at the macd cross point it's very dangerous because it below 0 base line most off the cases see when market take aa relly he came near arround 0 base line of macd then cross the macd blue line to Orange line this cross are horrable but when this crash end market going up quickly because he near around 0 base line of macd
Bull market symptoms of according to macd = bull market started a wave structure we all no but you think why are tha most long wave is wave number 3 because most off the case we see macd cross it below 0 base line and continue above 0base line (0 base line abovel weekly it means bull market and below 0 base line it means bear market ) then he take a Little bit correction people called second wave off bull market now started wave number 3 wa ve number 3 are so long because he take off near above 0 base line of macd then continue rally and below he go up very hard and go now started off wave number 4 are not a big because he already is very High off macd level most off the buyer avoid 4 wave is a little bit correction then wave number 5 he go down and he re take off above base line .
Crypto Market Cap | Looking Mid-Long Term BullishCrypto Market Cap | Looking Mid-Long Term Bullish
We are in a strong descending wedge that looks like it can continue down to $332b region before breakout - a break out will only mean good news for Bitcoin
| Pivot Untested Weekly Pivot
| Historical Support being tested
| Key Support
| Filled Weekly Pivot
| Bullish Divergence
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TOTAL3 RSI Enters Oversold Zone - What's Next for Altcoins?The cryptocurrency market is currently experiencing a bearish trend, as evidenced by the Total Market Capitalization (excluding BTC and ETH) chart. However, there are several factors that suggest a potential pullback may be on the horizon.
Firstly, TOTAL3 has approached the bottom of the descending channel. This could indicate that a trend reversal is on the horizon, and the market could be gearing up for a bullish run.
Secondly, the RSI has gone oversold. This is a classic indicator that the market may be due for a bounce, and we could see some bullish momentum in the near future.
And lastly, we've seen a clean rejection of the 727.2% Fibonacci support. This is another strong signal that the market could be preparing for a bullish reversal.
All of these factors suggest that a pullback is possible, and that the price could be aiming for the key supply/demand zone near 365B. This is a strong bullish indication for Altcoins, but only if we do not see a decisive break and close below the current low.
Altcoins not looking hot, but haven't in some timeCan't recall last time we had this much cash available for #stocks AND #Crypto
CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH
IMO, unless change FAST, #altcoins look like they want to trade a lil lower still
(we haven't posted much here but we're still active, pls see profile. Making killer calls)
For Alt coins, Down trend has not finished yet.we ca see the value of total 3 still struggling in a flat channel and its is under declining trend line, by the fact that the BTC dominance is so high, if BTC starts a corrective wave it can affects dramatically on alts. so be cautious about your trade and the size of your account and leverage.
A Story of Parallel Channels: AltseasonI think we are in a couple parallel channels that decide the fate of altseason.
TLDR: We could go up or we could go down.
If we break and hold above 410B on the Total 3 Chart (total capitalization of largest 100 cryptocurrencies except for ETh and BTC), then we pump another ~25% to the upper yellow box.
If we break below 350B in the next couple weeks on Total 3, then we dump to new lows imo at the yellow box ~45% below current prices at ~220B.
I think this could coincide largely with how risk assets perform through the end of may as the correlation has seemed to switch back from gold to QQQ.
I am gonna go net short on any pumps back up 405B level through margin shorts on LTC and SOL just because they move in less of a scammy way than other alts.
Please let me know any comments or questions.
📈TOTAL3 is ready to rise above dynamic resistance📉CRYPTOCAP:TOTAL3
Hey everyone, first take a look at my previous analysis and positions.
As previously analyzed, alt-season is coming.
Don't forget to risk-free your position.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
ALTCOIN SHHOPING. KAVA, LTC, MATIC, KNC, WRXIn this idea I gathered 5 interesting to buy altcoins for today, where a set-up to buy was formed. This is not 5 different trading ideas, but one, because if the growth of altcoins will be all, and vice versa, when correcting, there is a probability of getting 5 stops. Therefore, if you trade any of these instruments, you can take a closer look and choose one.
KAVA
Higher low + double bottom, price at support + short stop, good reserve for the price increase to the region of 1.05-1.15
LTC
Pushing up to the level. Looks good on a breakdown of the 95$ area with targets 100-110-115, a stop can be hidden under 85$.
MATIC
Higher low + breakdown of the downtrend, volume growth on H1+good price margin. Stop can be hidden under $1, the profit target is 1.2-1.3
KNC
Pushing the price to the level of 0.75, looks good for a breakthrough, stop is appropriate for 0.65, the profit targets at 0.82 and 0.95 is an update of the local high
WRX
A squeeze to the level of 0.18-0.185, false breakdown of this zone, most likely the price will go higher. Stops under 0.155. Take profit targets at 0.215 and 0.25-0.29
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Good luck and profit to all.
Mini ''ALTs Season'' Possible ?Most significant 'Pumps' has 2 pre-requisites:
Bitcoin and it's Dominance both rose in the previous period, whereas Alts were rising slower than Btc Dominance.
From left to right you can see the history starting September 202 with Dominance rising at 49 degrees and ALTs rising at 14 degrees (yellow letters and trend angle lines).
In the period after that and after BTC Dominance hit resistance, ALTs explode at 59 degrees (pink letters and trend angle lines).
What we have today is:
1. BTC Dominance at Resistance
2. Bitcoin Dominance coming with a rise of 30 degrees whereas ALTs at only 16 degrees
The 2 together show probabilities for an increased pace in the rise of ALTs. My projection is both optimistic and 'brave, and it shows a possible increase at 49 degrees from now till end of summer (could it be possible that ALTs see a 900 billion cap? not impossible according to the chart!) or a milder pace at 35 degrees to 463 Billion (the most likely scenario).
ALL RHESE GIVEN THAT BTC DOMINANCE FAILS TO BREAK HIGHER!
One Love,
The FXPROFESSOR