CRYPTOCAP:TOTAL2   Crypto Total Market Cap Exclude BTC, $ (CALCULATED BY TRADINGVIEW)
Doing an update on this analysis. We can see it followed the blue line to the point here, even the exact high :). So today it made a nice drop as well but i don't think it's over yet. This drop today, will probably be in the shape of 5 waves. With the current correction being wave 4 and then seeing one more, smaller drop . The last drop has to be smaller, otherwise the bullish view i have for the market coming weeks will get in a lot of danger.

On the left we can also see it's still following the "healthy" correction version, which is very good for the mid-term of this market. For more info, i suggest to read the previous analysis as well.



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Nailed perfectly. What do you perceive as the next move?
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I've shorted alts some days ago, looking for bigger correction but not sure what will be next step of BTC. It doesnt want to drop much ( i also thought 4,8 should be minimum correction) so bullish view is day by day more possible, however last time btc rised up alts kind of crushed (maybe pairing to alt/usd price idk). Gonna wait some days more but i think the best option now is sit and watch the resistance and support lines, what you think?
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That's a really interesting view on the subject. I agree cryptos in general look more positive than BTC.
I've compared BTC's recovery with a few other coins here - it's clear that some are looking much stronger than BTC.

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I wish someday I can become as good as you!
Thanks :)
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botje11 LuanCeli
@LuanCeli, thank you, nice compliment :) I learned by far the most from doing homework, my own research. But in my days we didn’t have things like TV. If your serious, look back at every word i have written here, up until the comment sections even. Write down the good things but also the mistakes I have made. I can guarantee you, it will improve your game. I don’t always give away my own patterns away clearly, but I have done it many times somewhere in the history
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On the left chart you have things ending around April 28-29. On the right chart you have things ending April 17. What gives ?
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botje11 Martens58
@Martens58, What do you think would be the one to follow for the time frame?
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@botje11, I think I might understand what your chart means. The April 17 is an A-B-C within the larger A-B-C of the April 28-29. Sorry for the confusion.
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thanks again botje *gives bro hug
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botje11 hamie101
@hamie101, Your welcome :)
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