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.
TOTAL3 trade ideas
TOTAL CRYPTO-CAP, Bullish Perspectives As Bull-Flag Builds Up!Hello Cryptocurrency Community,
Welcome to this new analysis of mine about the Total Cryptocurrency Market-Cap displayed as the market-cap valuation in US-Dollar on the 4-hour timeframe perspectives. In recent times many mixed signals have hit the market however what is a prevailing imperative in this market environment is that the Bitcoin and Cryptocurrency technological mainstream adoption is actually moving forward, this is also why we did not have seen a devastating breakdown to the downside yet. There are further mainstreams adoptions markable such as Rio de Janeiro saving a part of its GDP to hedge against inflation, old economic investment bank Goldman Sachs completing its first Bitcoin Over-The-Counter trade or Malaysia considers to make Bitcoin a legal tender which would be the second country to move on with this fundamental action. These establishments show that the demand to adopt Bitcoin and Cryptocurrency is not decreasing however, in this case, it is also necessary to watch on the actual Price-Action-Determinations therefore I detected important signs, formations, and what to expect in the upcoming times.
As when looking on my chart now we can watch there that the Total Cryptocurrency Market-Cap Price-Action recently managed to breakout above the 710 Billion US-Dollar valuation mark and increased bullishness above this region to form a higher high in this zone. Besides that, we can watch a main ascending-channel-formation developing in the range marked in my chart with the orange channel. In this channel the Total Cryptocurrency Market-Cap is developing a wave-count of which the waves A and B are already completed. Now as the Total Cryptocurrency Market-Cap is approaching the main local resistance this is indicative for a pullback to the downside which will complete the wave-count with the wave C. When this happens the Total Cryptocurrency Market-Cap has substantial support within the major Structure-Support marked in my chart in blue, when the Total Cryptocurrency Market-Cap manages to bounce in this zone it will be the appropriate origin of the completion of the whole channel as a bull-flag once the price-action settles above the upper boundary it activates the main target-zone seen in my chart.
In this manner, thank you for watching the analysis, all the best!
"Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
TOTAL 3 STILL INTACT AND LOOKING GREATTOTAL3 (Total Cypto Market Cap
except BTC and ETH) 03-19-22
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...Also the 3 day is continuing to close at or above the trendline support.
$TOTAL3 ALTCOINS MINUS $ETH$TOTAL3 price action is shaping up to have two equally valid paths from here. On one end I can see a rejection of the red trendline to jump start a bearish nuke down to the $520 Billion level with a couple bearish retest in the middle. On the other hand price can break above the red trend line and retest indicating possible start of new money inflow into the space. I will be watching closely in the coming days on the reaction near the red trend line, which stems from the charts all time high. A crucial swing is upon the market IMO.
ALTCOIN UPDATE
I have been doing this analysis since the beginning of 2022-01-20. As of now, the prices of all altcoins are down as planned. Now everyone's question is whether they are in the "dip" !!! In my view, we are in the first "correction wave" that occurs after a large "distribution" phase. However, this plan can only be further confirmed if the $ 623B (red) zone is clearly broken by a daily red bar. If so I expect the overall altcoin market to crash by more than 10-25%
However, a bull situation in altcoin can be expected again after the entire model is created with a new "higher high" according to the "price action" theory. That's only if the price goes back to the $ 823B level. Therefore, I would like to remind you that I can not expect a suitable environment for long term investment at this time.
TOTAL CRYPTO-CAP, Major H-S-Formation, Steps To Completion!Hello,
Welcome to this analysis about the Total Cryptocurrency Market-Cap on the 4-hour timeframe perspectives. As I detected the total crypto-cap is forming crucial determinations and as when looking at my chart we can watch there how a main inverse head-shoulder-formation has the ability to complete for the total crypto-cap. Currently the total crypto-cap is testing the neckline which means there is a high possibility given that the total crypto-cap pulls back from the neckline as seen in my chart. When this establishes the pullback will move on till the support zone as shown in my chart is reached, this is a very important support zone because the total crypto-cap needs to hold it and bounce in order to complete the whole inverse head-shoulder-formation. When the total crypto-cap manages to bounce and finally move above the neckline as shown in my chart this will complete the whole formation and the total crypto-cap will move on further, it will be an important determination 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.
ALTCOIN UPDATEThis model is only a rough outline designed to determine market price behavior. We are already bearish on altcoin. However, so far I have identified two relatively theoretical models in the market. And first you have to remember that we are in a "big head & shoulder" distribution model. That is, according to the model, prices have fallen to only 50% of the target. I expect the market price to drop to at least $ 500B if the model is to be completed. Under the prevailing circumstances I have confirmed that this place is in a state of re-consolidation. Needless to say, this is simply a risk zone for you to trade. However "plan A" is the breakdown that should occur under the current model and is designed according to the h & s model. The bearish status of altcoin will only be completely eliminated if this model is completely destroyed. Keep in mind that this will be completely destroyed after the breakout created by "plan B"
Alts long now as expectedHello, it looks like my last video analysis was correct, and now I am long various alt coins. There was a lot of negative news recently, especially about Russia invading Ukraine, giving confirmation to buy. And things look pretty uncertain before Biden releases his executive order on crypto currencies some time this week. I believe once that is over, the market should rally well, since I believe his executive order will not be draconian.
Good luck to all of you.
TOTAL3 is getting primed for a launch again!TOTAL3 (Total Cypto Market Cap
except BTC and ETH) 02-21-22
3 day chart
is reading Hidden Bullish Divergence.
which means the price has a higher low,
and the RSI has a lower low.
In my opinion, theAlt season is right around the corner, If BTC retraces to its 7.02 Fibinocci, watch for the ALT coins to explode.
TOTAL3 - 1D - It might be Alt time!Not a financial advisor!
After the last price correction, Total3 is reaching a trendline.
Momentum hasn't yet shifted to the upside but but but
I am hopping that a cup and handle that has been formed for the last 3/4 years will perform as expected!!
Let's wait for that momentum to shift at the trendline to confirm that bullish reversal!
Good luck!