Hi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out. Why am I reminding you of this? Well, because despite the recent liquidations, we are still in a CRYPTO BULL...
Global Purchase Zone 388.685-275.539 Purchase level 336.268 Local purchase zone 331.297-247.814 Purchase level 293.175 Sweet Shopping Zone 323.856-286.795 Volume price 351.584 Total volume price 373.861 We have just broken through the price of the withdrawal with an impulse!!! At the moment we brought 18.154 billion into the market!!! Perhaps we witnessed the...
Did post some some semi bullish tweets, (pls see profile for more info) with individual names. But let's touch on #altcoins as they are my fav :) 4Hr chart shows Did speak on positive divergence few times RSI over 50 = GOOD Bullish Moving Avg crossover HERE IT GETS INTERESTING Almost forgot that there's TWO inverse head & shoulder patterns for TOTAL 3 (no ...
Hello Dears As the chart shows us that TOTALL 2 and TOTAL3 are on their bearish way . I think this year MUST focus on short position or trade in Forex.
SEC wants to crack down on crypto market This is a means to control the flow of money. Every nation across time does not want to see their money flow out of their 'bloc'. If Binance continues to be a behemoth in the new finance space whilst CZ is in China.. this will continued to be perceived as a threat. I dont have extra information into Binance but regardless...
This is another TA on why it's a good place to be buying altcoins this summer. Based on the chart, we can observe a huge falling wedge that was broken in July. The price has been above the trendline for several weeks, indicating a clean breakout. Furthermore, there seems to be a formation of an inverse head and shoulders pattern. Currently, we are completing the...
#Altcoins still look good although the weakness we are seeing is needed for the FLAG formation. The 4Hr chart shows that weakness may be a lil longer. CRYPTOCAP:TOTAL 3 = No CRYPTOCAP:BTC or $ETH. Obviously some #crypto look better than others.
CRYPTOCAP:BTC 20EMA (Green line) is holding, for now. The test of sub 30k level was completed today as well. IF it this area doesn't hold, #BTC is looking @ the trend line. (PERSONAL) Am going to nibble on #altcoins again, after selling the positions. #altcoin = CRYPTOCAP:TOTAL 3 = No CRYPTOCAP:BTC or CRYPTOCAP:ETH Will share which ones am picking up...
There is a Bearish 5-0 visible on the Daily on the Total Market Cap Ex- BTC, ETH, LTC, and the two big USD-based Stable Coins; if it plays out, I think Total 3 will make a new low that will likely take it down to the macro 0.886. We also have some Hidden Bearish Divergence on the RSI to back it up.
The TOATAL3 chart has been in correction for almost two years (600 days). This correction formed as a Falling Wedge, which is a bullish reversal pattern. Yesterday, following the court ruling about XRP’s case as “not a security,” TOTAL3 broke out of the wedge to the upside. The final confirmation is if TOTAL3 gets above resistance at 407 billion USD. What do you...
CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH VS #Bitcoin futures (this dictates price action, NOT spot) From Nov 3/22 - March 3/23. #Altcoins traded lower in December while #BTC had already bottomed. However, the #crypto #altcoin market quickly caught up and by early January they were trading similarly. ------- Until... April - May ...
Should TVC:DXY move back down to the bottom shown on the chart above, the altcoin market could move back to its top. There is also a possibility of this happening if DXY simply moves sideways for an extended period of time. However, if DXY moves back up above 105-108, hits 112-116 and continues, expect the altcoin market to move much further down. ...
TLDR: • BTCDOM is in the final stages of a Cup and Handle Formation. • Max target for BTCDOM is 500 billion. • I estimate that BTCDOM still has two or three months of upside. During this time Bitcoin will perform better than most alts. However, BTCDOM is close to toping. Once BTCDOM realizes its full potential I expect the alt valuation in BTC terms will...
TLDR: IMO, the altcoin market is in the depression phase of the Wall Street Cheat Sheet. I expect TOTAL 3 to hold the 300 billion support level and break out of the falling wedge when Bitcoin breaks the 31K resistance level. Target: 1.11 Trillion. I know that for you to take me seriously I should tell you that all alts are going to zero and that you...
TOTAL3, the total crypto marketcap excluding BTC and ETH, has been trading significantly more bearish than Bitcoin and Ethereum. This can also be deduced from the vertical trend of Bitcoin dominance. Still, there's some good news to be said about the altcoin market. As seen on the chart, the altcoin marketcap has formed an inverse head & shoulders pattern, which...
Total 3 - Altcoins (minus BTC & ETH) A different "perspective" to yesterdays chart. Yesterdays chart suggested TOTAL 2 (Altcoins minus BTC) has a probability of breaking out in Dec 2023. The TOTAL 3 (Alts minus BTC/ETH) chart suggests we could break out later between Jan - Mar 2024. This would make sense as BTC and ETH are typically first movers, and are...
After Friday nights' massive drop, the total altcoin marketcap (TOTAL3) is hugging it's bear market lows of December 2022. Bitcoin is still holding up, but alts have been losing exponentially against Bitcoin, with no immediate end in sight. In this analysis I'd like to explore my personal worst case scenario for the altcoin market. Where the alts dropped (on...
I've layered in some more alts but then I remembered to check TOTAL3 (total market cap without BTC and ETH for those who don't know) and I saw my descending channel hasn't been filled yet. I think before we can comfortably spend big on our bags TOTAL3 has to test that lower support and reach 253 Billions. More or less it's another -15% drop from here. My advice...