Recent Market Performance From October 2023 to March 2024, the altcoin market experienced significant growth, increasing from a $314 billion to almost $783 billion market cap—a remarkable 150% rise in just five months. Such rapid growth often leads to market corrections, which many retail investors find challenging to navigate. Recently, the market corrected by...
The short answer is... Now, this year into early next year. Although I would expect a lot of similarities this market cycle, I would also expect some differences. So let's start with the yellow diagonal line with the up trend. This line was originally drawn through the BTC price action. Look at how it actually works perfectly with the TOTAL3, PERFECT!! So,...
This chart Total 3 minus the 3 biggest stablecoins OVER the price of #Bitcoin If this number is going up so are your #altcoins We have a clear double bottom forming just a matter of clearing the neckline to confirm. Also interesting to note how the 0.786 Fibonacci was front-run by eager investors looking for Risk assets.
The main structure of TOTAL 3 is bearish. A trendline is break down. It is now below the resistance (flip) By maintaining the supply, it can move towards the targets. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without...
Now that all of the speculations are pointing to the approval of the Ethereum ETFs , along with the positive CPI reports this week, it's safe to assume that we're about to break out of the current accumulation period. After +60 days of correction, everyone is eager to explore the potential of the next bull-run, so let's delve right into it. HOLD YOUR BREATH! ...
CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH > is about to go nuts, IMO. We spoke on the #BTC top some time ago & many #ALTCOINS cratered 50%+ after that. OUCH. Since then, we have turned somewhat bullish, few weeks ago. RSI looks okay & $ Flow bettering. IMO look into #crypto #AI & #Gaming
Hello, dear friends! 👋🏻 Take a look at what I've prepared for you today! 💥 Coin Market Cup (Total3 - excluding Bitcoin and Ethereum) 💥 The chart displays the total market capitalization of altcoins. What can we see here? At first glance, the cyclic nature of price behavior is striking! 🧐By overlaying several Fibonacci tools, we clearly see the potential!🚀 It...
Let’s wrap up by taking a look at our Total3 chart which includes all alts except ETH. This shows a strong bullish bias. We’ve broken to the upside of our triangle, retested the top of our triangle as support, and are now using that strong PoC from our VRVP as support along with our 50 & 100 day SMA. I love to see all of this as it signals good things to come from...
A nice healthy FWB:12K shakeout in #BTC And we see the #ALTS rebounding back strong This is the market saying to Daddy The party is not over yet it's only 10pm I think this Head and shoulders can perform let's watch and see if it does.
Anticipation Builds: Traders eagerly await capital inflow into altcoins, known for substantial gains during bullish runs. TOTAL3 Catch-Up: The TOTAL3 index lags behind the market, currently finding support between $670B and $705B. Breakthrough Attempts: Recent days witnessed multiple efforts to breach the upper limit at $705B, signaling a potential market...
Similar to TOTAL, there is still a big chance for a pump higher to the green zone area of 858.309 - 876.481B. If this happens, it could signal the beginning of an altcoin season bull run. However, it might not be that easy to pump to that level; I believe there will be one more dip to shake out retail investors and crypto enthusiasts, making them scream "crypto...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Cap of altcoins excluding BTC and ETH. minimal target: 800B main target zone: 900B - 1T cancellation of setup - consolidation under 600B. Good luck everyone! It's not financial advice. DYOR!
Everyone expects btc 100-250k and an insane Alt Season. I hold a few altcoins but 50% of capital is in cash, and here are the reasons: - If we get rejected at 750-770 bln area on Total Alt market cap, big trouble ahead. - SPX and Nasdaq are overstretched, so interest rates reduction in case they come this year, might repeat 2008 scenario and be a bearish sign...
The TOTAL3's recent attempt to break through the descending resistance line, coupled with encountering resistance at the $670 billion to $700 billion range, underscores the current market dynamics. This area has proven to be a significant barrier for the past four weeks, indicating its importance in influencing market sentiment. A successful breakthrough above...
✅ Bitcoin Dominance, BTC, Altcoins ✅ Today we're diving into the fascinating world of money rotation within the cryptocurrency subclasses. We're talking about the rotation of cash between Bitcoin and altcoins, its younger, more diverse siblings. Imagine a pie where each slice represents a different cryptocurrency. The pie here indicates the total cryptocurrency...
For the past two months, CRYPTOCAP:TOTAL3 has been undergoing a correction. This correction was anticipated for many altcoins and, importantly, is very healthy for the market. Upon closer analysis of the chart, it becomes evident that this correction does not signify a trend reversal. Total3 halted its descent around the 600T zone, which does not represent...
We're potentially on the cusp of the ultimate bull run in history. The total cryptocurrency market cap excluding BTC and ETH (known as Total 3) is showing promising signs as it retests and consolidates around the 644 billion dollar zone for about 63 days. If we observe an upward bounce from this point, it could mark the onset of the greatest bull run ever witnessed.
It's time to review which altcoins showed sign s of strength during the recent new Bitcoin All Time High (ATH) ... and which showed no strength. Together with the failed breakout we observe on Algorand, THESE altcoins didn't fare much better. There are a few more, but let's focus on these alts for today: What we're comparing this chart to, is the obvious...