Looking at previous two cases alts tend to crash later. Alts tend to follow BTC then just parabola, take dominance and rally when BTC starts to level off. It makes sense - retail is more involved with alts so more likely to react later. Also for smart money they would want to rotate out of BTC to take profit and look to put some of that profit into the alt market....
Altcoin market cap on the chart, as you can see we double bottomed out to break through that falling resistance line. We then found ourselves on previous resistance and failing to break it. I believe now we should have our last minor dip before we continue our bull run into November. I have drawn out a path of which I think fits the run the best (obviously it...
Looks like a very clean miss of the death cross More bull action is coming based on this comparison to the early bull run Looks great really
We could've expected the short term drop in prices according to where we are. Holding tight and waiting for December. Let's print the right shoulder to this massive inverse H&S. Quick breather - September is normally a down month, anyways...
Fundamental Analysis: Total 3 is an index of the cryptocurrencies Market capitalization without BTC and ETH, it means it is the Altcoins entire market capitalization and it can help investors and speculators who use Altcoins and Tokens for their Benefits. this index is very useful for the Altcoin followers and Investors as it shows the inflows of the Capital to...
In the first scene we can see OTHERS bouncing off 3.618 strongly off the strongest trendline available A possible falling wedge breakout This level was seen as resistance previously before the massive run up we saw, now it is support In the second scene we can see TOTAL2 (altcoin cap) approaching 2.618, during the last bull run as price approached 0.618 of this...
This chart suggests we are consolidating before phasing into phase 2 which is intensely more bullish than the recent bull market we have seen This is under the assumption that price action repeats as it did in cycle 1, which evidence for this can be seen in the green circle and the current place we are in the yellow box Using my other charts I estimate the current...
Altcoin market Both rejected from key fib areas will the most recent recover the same? Assuming this scenario implies a large move afterwards, which I also hope occurs
Hey hey my friends 👋 ALTCOIN marketcap PUMPED from the .5 fib retrace area Keep in mind that this is just going to form a higher low and it is not to the moon as of yet
I am expecting Altcoin Market Cap to bounce soon and reach at the peak point around 1.8 - 2 T $. I do not think that this is the end of bull, I think that we are still accumulating for the longer and stronger rally. Many coins have not even reached their ATH level since 2017, and market has many times more money than it had in 2017. I'm expecting a bear market...
All major Inu coins- Alaska Inu (LAS), Kishu Inu (Kishu), Hachiko Inu (Hachiko), Hokkaidu Inu (HOKK), Akita Inu (Akita) and Shiba Inu (SHIB). They are all copycats of DOGE and we even have the copycat of the copycat- Baby Akita (BKITA). Most of these meme coins are only available on DEXs/AMMs except Kishu Inu (Kishu)- OKEx, Akita Inu (AKita)- Poloniex & Okex...
We are either looking at a nasty rejection continuation Or a double bottom formation and a break of this trendline that has been continually tested (3 times) Personally the bear scenario sounds more logical to me, yet this is crypto so I accounted for both sides. The 200MA (yellow line) wont hold if this breaks down. FYI
Very interesting to put the time frame to last 5 years and compare alt coins (TOTAL2) market cap. As you can see in the linear version we have had a significant increase in total money in the TOTAL2 market cap. However, logarithmically we have not really seen anything yet. 👇👇👇👇Join the discussion👇👇👇👇
Hey hey my friends 👋 Quick update on altcoin market total
Hey hey my friends 👋 If you have some altcoins in profits that you're happy with, we would consider closing most (if not all) once this reaches the top trend line, lock in them profits baby! 🔐 DO NOT worry if this continues higher, we will re-enter positions that are strong on the re-test of the breakout..ALWAYS HAVE A PLAN..this is ours & we win ✅
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1T Market Cap was reached violently, topped at 1,117T, in three weeks starting from 577B on March 25th. The option of an accumulation area at this level is now reasonable. February ATH 700B was followed by a month and a half of retracements and accumulation. Now the RSI is in overbought area as well as in February in the daily chart, but the weekly chart is still...
I use Total Crypto Market Cap Exclude Bitcoin as one of the most important indicator to optimize my exposure on altcoins. It's a great tool that should always be considered. Where will it top at the end of this bull cycle is the topical question. But my question is how much this new market will be able to erode the market cap of traditional financial markets.