Possible futures of altcoins, marketcap could be pushed back into the 100B+ Did I do the fibonacci spiral correctly? Couldn't find the tools to properly sketch out full roadmap of TOTAL2, let me know your thoughts :)
We anticipate BTC's 100MA breakthrough, USDT's dominance will fall below 1.70, and TOTAL and TOTAL2 break through the downward trend line. If all is done, it is expected to rise above the 10137 point. Altcoin is also expected to rise a lot. If it fails, it will fall to 8931, the top of the box.
Although it is falling along with the flow of BTC, the cash status of coins excluding BTC is not so bad. I'm following "Trend line formed in May 2017 and over December 2018". It will change as we move forward, but if it continues, we expect the Alt bull market to come.
Beyond the 67.6148 point, it confirms the transfer of funds. This week's flow may indicate whether the price will stay above the 67.6148 point and rise above the downtrend line. Since the funds did not increase exponentially, they can fall below the 67.6148 point at any time. I expect funds to go well and rise above the downtrend line. TOTAL2's own inflection...
This is a chart of funds of the entire coin market after minus BTC. Touch the light blue uptrend line and it is rising. The day when the downtrend line and the uptrend line meet is around December 4, 2019. I think it's a chart that tells if the movement of funds is moving from BTC to Alt. We hope to climb beyond 67.614B to form the basis for the Alt bull...
The alt marketcap appears to be nearing the end of correction and looks to be heading for a small recovery in mid/early october Bullish Divergence printing near old trendline Some apex descision points in confluence with PA and older trendlines
After getting rejected last night from the ascending triangle breakout, the altcoin market appears to be forming a bearish rising wedge pattern (purple) while falling below the 200 MA. If the price continues to correct back down to the ascending triangle (green) trendline and finds support this would be a bullish sign. If the price continues to move upwards from...