TOTAL2 looks like another bullish formation for alts
Let’s see what happens here, because there are some extremely cool intermarket resistance levels to watch. First we have BTC/TOTAL. Price and ratios are the most important when doing any intermarket analysis. So what are we seeing? Well if we go all the way back to the top of the bull run in December 2017, we also put in a high for the ratio. Now let’s visit the...
The total crypto market cap has broken out of an ascending triangle pattern. This is an extremely bullish development. The first target is roughly 12% higher than our current levels.
You should buy alts when it is confirmed above the Gann line noted. Currently price is testing it I recommend DNT again for an alt coin choice but alts all looked primed for upsides.
Lots to look at every day in the markets. Here is a video of what I have been watching the most carefully as of late!
Horzontal structure with a double bottom and double top can be seen on TOTAL2 and on ETH-BTC I feel there will be more downsides for alts As a return to the Gann line is necessary ETH-BTC does look bullish after this small correction though.
Looking for a H&S formation A right shoulder has already formed return to key fib level I still feel the bullish within this one however..
Possible peak for the altcoin cap at 2T If alt coins reach this level, drastic measures may be taken within societies, including replacement of cash All of this may be spurred on by Covid, "intentionally" ? This is revolution material Very strange times are on the way
So Aside from the hints in GBTC and ETHE, we also have hints from TOTAL and TOTAL2. If we are going to see a downtrend in the crypto market, it makes sense that the total market cap and the total small caps are all falling in unison. That is what happened back in February. As you can see, back in February, we have lower highs in unison, which is the start of a...
Gann analysis for TOTAL and TOTAL2 Three touches on the 1/1 Gann line on TOTAL2 looks a lot more healthy than TOTAL's 2 touches And bull flags, has anyone noticed they have been breaking down a lot lately? Maybe a sign. We will find out
Altcoin market looks primed for some upsides! Lift off
It can be seen on the chart that excludes bitcoin and ethereum that alts have been popping off. With a Gaussian Channel that is green. The market cap that includes ethereum the Gaussian channel can be seen to be still red. Once this turns green the real altcoin rally will begin. I still believe that it is alt season when TOTAL2% > TOTAL in either direction,...
Sitting on top of major trend line with a golden cross imminent This may lift off, volume seems low
Broke out and retested it. It is Friday go out and try to enjoy if you can, close your positions.
Monthly MACD cross Mirror RSI level reached I don't like to sound like a doomsayer but this looks quite scary bullish, capitalize.
Speculative scenario for 3 falling wedges TOTAL2 - Altcoin market 1Hr timeframe
Falling wedges can be seen Also a possible bullflag on ETH Best of luck with trades, i hope for some volatility soon Bix