TOTAL3 trade ideas
Total 3 Crypto Market CapOur opinion on the market cap of alt-coins:
Currently we are not seeing big volume in the crypto space, there are selective coins making higher highs but majority of the market is down in general.
On balance of probabilities, the total market should drop by 75% to regain the energy and interest required to start a new price discovery mode.
Our bias is short for the reasons given above, and we are working on trading plans to execute when time arrives.
Altcoins bottomed or expect another drop❓💎Today we will look at the TOTAL3 price action. TOTAL3 is a crypto market cap excluding the Bitcoin and Ethereum capitalization, which is providing the perspective for the Altcoin potential.
💎Back on February 24, TOTAL3 formed a double bottom at 600B, which is strong psychological support. Since then we can observe the price action within the ascending channel. Yesterday TOTAL3 tested and bounced off the bottom of the channel.
💎The low has been printed at 661B, and this might be critical .......
Alt Coin PartyMy idea is that we have a Altcoin party in front of us that has the potential to grow 100% for Altcoins !!! What do you think?!
PLain and SImple TOTAL 3 is the cryptomarket cap without BTC, ETH looks like a bullish divergence is forming and it looks like we will have one more retracement down as a liquidity pull before starting a new cycle
🔥 Altcoin Marketcap: Early Inverse Head & Shoulder PatternTOTAL3 is the total crypto marketcap minus BTC and ETH marketcaps, so we're looking at all altcoins here.
The alts are showing early signs of an inverse head & shoulders pattern, which is classically a bullish reversal pattern.
Overall, I think that BTC is still trading in a bear-flag formation until proven otherwise, so I'm not looking for an entry at this moment. See below for info:
However, if both BTC manage to break out on the bullish sides of their respective patterns we can deduce that they've confirmed their bullish reversal and that we might see more bullish price action in the coming months.
For now, keep an eye on the neck-line resistance. A bullish break out from there might signal further strength.
Happy trading!
TOTAL.3-4HAs you can see, there is a double bottom pattern is forming, 730B neckline must be broken and price must hang above it by closing 4H candles.
But I'm still not convinced that this is the rally that will take us to 50k, BTC is so weak and fragile. Still, I will trade it if neckline breaks.
NFA, DYOR.
TOTAL3 daily remains at the bottom of the trendline but?TOTAL3 (Total Cypto Market Cap
except BTC and ETH) 04-12-22
daily chart. The
RSI just began to bottom out and begin
its move up, which has moved from
Hidden Bullish Divergence, to Bullish Divergence.
This is really setting up for an absolute
monster move...
TOTAL3 Alts looking refueled for another runTotal3 is creating higher highs and higher lows within a parallel channel.
Weekly MACD is ready to cross bullish. Looking for a break above $1T MCap and then to the upper channel this summer.
Price Trend breakout is confirming exit. Weekly RSI still needs to breakout.
Good Luck
ALT coin market cap thoughts. I believe there might be another ALT mini season on the way, bounced nicely on the 382 and look to be gaining dominance against ETH and BTC
total 3 3 day chart is ready to explodeTOTAL3 (Total Cypto Market Cap
except BTC and ETH) 04-07-22
3 day chart. The
RSI just began to bottom out and begin
its move up, which has moved from
Hidden Bullish Divergence, to Bullish Divergence.
This is really setting up for an absolute
monster move...
total3 crypto marketcapmaybe retest 705B level and hold up this zone..
if break 705B level confirmed bear season for altcoins...
step by step first 705B hold second 838B level attack maybe break and hold everything will pump..:)))))
An ABCD BAMM Hints $540B Will Be Added to Small & Mid Cap CoinsThis is total 3 and it tracks the total market cap of all the Cryptocurrencies combined Excluding BTC and ETH and there is currently Hidden Bullish Divergence on the weekly and a potential AB=CD Pattern in development that if it plays out would add around 540 Billion Dollars to the Total 3 market cap taking us to the top of the channel where we may then face a greater reversal.
TOTAL3 retest at 720b.TOTAL3 retest at 720b. TOTAL3 retest at 720b. TOTAL3 retest at 720b. TOTAL3 retest at 720b.
TOTAL CRYPTO-CAP, Paramount Formation With Pennant-Potential!Hello,
Welcome to this analysis about the Total Cryptocurrency Market-Cap on the 3-day timeframe perspective. Many determining factors in recent times have contributed to important developments in the Cryptocurrency Field in the recent times. In this case Cryptocurrency is getting more and more public mainstream attention as institutions as well as old economy participants moving into Cryptocurrency. In this case it is also important to take the technical aspects into consideration and therefore I detected important factors that will alter the whole dynamics in the next time. Therefore I detected the most important formational structures, price-levels, and upcoming determinations to consider here. As when looking at my chart now we can watch there how the Total Cryptocurrency Market-Cap is building this huge descending triangle formation with important supports within the structure and the coherent wave-count from A to C that has been already completed. Now the Total Cryptocurrency Market-Cap bounced within the lower boundary of the triangle and also matched with the momentous ascending trend line marked in blue in which the asset also bounced. Besides that the Total Cryptocurrency Market-Cap is holding greatly above the 65-EMA as well as 20-EMA and there is a high likelihood possibility given that the Total Cryptocurrency Market-Cap from here on shows up with a breakout above the upper boundary of the formation which will activate the further developments. In this case, the first target will be the initial target-zone and when this has been reached and the Total Cryptocurrency Market-Cap has developed strongly enough then the Wave-C-Extension-Target-Zone will be the next target to be pointed, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
ALTCOINS LOADED!!Extremely bullish sentiments for ALTCOIN cycle.
- Wave 5 of the Elliot Wave cycle is ready to pump it!
- MACD looks to be converging in 1 week
- RSI has broken the trend
We should see tons of action in APRIL!
TOTAL3 is getting even more bullish!TOTAL3 (Total Cypto Market Cap
except BTC and ETH) 03-28-22
3 day chart. The
RSI just began to bottom out and begin
its move up, which has moved from
Hidden Bullish Divergence, to Bullish Divergence.
This is really setting up for an absolute
monster move...
#Altcoin MarketCap TOTAL3 after breaking the small daily trendline now its ready to break above the massive trendline.
Expecting another wave to start after this breakout!
Altcoin Season after real breakoutWe have two trendlines here, the important hasn't been brake and it is the same as the bull band for ALTCOINS so we might see a consolidation here before breaking out which may mean a few more weaks of CRYPTOCAP:BTC.D BTC Dominance breaking up and ETH following stronger as CRYPTOCAP:TOTAL2 already broke those trends.
Trade smart, wait for confirmations.
Crypto market trading at important resistanceCrypto market trading at important resistance, expect volatility(big moves) either to the upside or downside
ALTSEASON confirmed by this unique pattern.This is the TOTAL3 index which displays the Total Crypto Market Capitalization excluding Bitcoin and Ethereum. The time-frame I chose is the 2W as on this, a very unique indicator (MFI/ MA) shows a pattern that should not be ignored.
As you see, this month, the indicator formed a Bullish Cross, similar to those of April 2020 and February 2019. The common characteristic of those two past crosses, was that they confirmed the past two Altcoin Seasons (Altseasons). The whole pattern is virtually identical with 2020, even with the 2018 (for as far as data are provided).
In each case, the Altseason ended with the indicator's Bearish Cross. In our view, a new Altseason has just started and we can hold until the very first sign of a confirmed Bearish Cross.
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Total 3 looking boollish 3 solid bounces on the up trendline (A)? yes
Broke out the down trendline (C) and standing above an important support (B)--Seems a valid breakout to me
RSI and MACD looking good
1st target: 986B
2nd target: 1.2T
--A newbie. Just making all these for my own record, very welcome to correct or educate me tho--
ALT-Coin Season?Hello I have an idea about where money goes in crypto market
by using " Total3/Toal*100 " % Let's call this ALT.D (Alt-coin Dominance ) compare to BTC.D and ETH.D
where are
Total3 = cryptocap except BTC and ETH
Total = All of cryptocap
*100 = make it persentage scale and when we combine ALT.D+BTC.D+ETH.D = exactly 100
as a result we see Alt.D making assending triangle a bullish pattern and interact with BTC.D making desending triangle a bear pattern at the opposite site
Will we see ALtcoin season comming ? the time will tell.
