Is Already a season for ALTCOIN? TOTAL3 Altcoin, was broken once but it goes again down, and this was the fake altcoin. Last 4 Days we seen another breakout and retest done. Do you think the altcoin season is now open ?
Hi guys since previous idea/post got so much engagement with different opinions. Here's a bit more further thoughts on the TOTAL3 chart. Again. I'm thinking in terms of probabilities and risk reward in the context of the macro trend. I am not focusing on the daily and intraday moves here. Let's look at this structurally.
As you can see H&S pattern is clearly seen on the chart and breaking neckline means the blood bath for altcoins. Good luck
TOTAL3 -Going down FORECAST NEXT WEEKLY TREND CHART If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Please Like or Follow if you enjoyed this content. UPDATE: Total3 (Cryptomarketcap minus BTC and ETH martketcap) dips into support. Altcoin marketcap is moving in a range. So it's not man over board. Fear is high. Marketcap can dip to 700B, and we are still in the same range. Either it goes sideways here or one more dip. And we are gonna see another Altseason....
Hello, everyone! If this Bitcoin analysis plays out we are about to see new local altseason. Altcoins is going to outperform Bitcoin. We can see that the Broadening Falling Wedge has been formed by the TOTAL3 – capitalization of cryptomarket excluding BTC and ETH. Now this wedge have been broken to the upside. Also we can see the retest of it’s upper band. I...
12.5.21 ON A WEEKLY CHART Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. BITCOIN, ETHEREUM and the ALTS Do we HODL, FUD or FOMO? Looking at the TOTL3 Chart, Retracement/Correction looks pretty normal and healthy based on the Fib Levels and...
H ello friends As we can all see, the market is in dire straits with optimistic cows and pessimistic bears In my opinion, the TOTAL3 index is one of the best tools for better market analysis and understanding. And based on this analysis that I share with you, I think cows are more likely to win than bears. Of course, no strong technical signal has been issued...
All analysis and price reference is to weekly Open Close unless indicated otherwise. Green and White boxes specify a date range of relevance. There are 5 Down Arrows indicating specific weeks, color coded for ease of reference. (IF you are color blind; Down Arrows are Green, Yellow, Orange, Red, White chronologically respectively.) The hypothesis is...
What do you think will happen in next of couple weeks let me know.
I've long held to the theory, that the 2011-2013 BTC bull run is equivalent to the 2015-2021(22) bull run. So my fibonacci lines are from 2015 low to 2018 high. I suspect BTC is forming an ending diagonal. In addition, I would not be surprised to see BTC do a throwover for the final wave 5 of the ending diagonal to nail the 4.236 fib of years 2015-2022 bull run...
A helpful chart to compare total alt market caps including and excluding ETH with BTC and ETH. This can provide a reasonable long term view of how the alt coins perform wrt BTC and ETH at different times.
Hello friends, today you can review the technical analysis on the 1W linear scale chart for the Total Crypto Market Cap ( TOTAL ), the Total Crypto Market Cap excluding Bitcoin (TOTAL2), and the Total Crypto Market Cap excluding Bitcoin and Ethereum ( TOTAL3 ). #CryptoPickk noted in the chart: 1) Reviewing the Crypto Market Caps for the TOTAL, TOTAL2 and TOTAL3...
I think we will see a continuation of the bull market for Alts as long as it keeps support. It would still be bullish to see come back down again to 0.5 fib level and the 2nd lower trendline. If it doesn't correct again we should see market go to the 1.618 fib level. Any comments or advice on my TA is greatly appreciated :) *not financial advice*
We are definitely not out of the woods, but based on previous PA after oversold RSI on 4H TF I think local bottom is in/near and we should see at least some relief bounce. GL
BTC and TOTAL3 seem to be breaking out together will we see a similar November 8th 2017 blow off top and retrace or do we continue to rally after the breakout.
#Total3 / #Analayse (1D) #AltSeason is coming soon... Wait for trigger...
Total 3 excluding BTC and ETH The time has arrived officially!