The altcoin market is one of the markets that deserves our attention as we close 2023 and start the new year. We have been mentioning that on numerous analyses but the current idea couldn't display it in a simpler, yet more informative way.
As you see this is the total market cap excluding Bitcoin (TOTAL2) on the 1M time-frame. The 1M MA5 (blue trend-line) is...
Hello dear traders.
On September Long term Monthly Gann Square time frame Finished and after a few days later Altcoin market cap start bullish rally .
Weekly Gann Square validity confirmed .
First Gann Arc resistance broken and after getting support it will start 2nd cycle bullish rally which will be 27-29.Nov.2023.
Road map is plotted with help of Gann...
Today i wanted to check out what happened to TOTAL 2 in the last years.
You can see this chart was very easy to anticipate the bull-bear cycles.
If this is true for the next bull-cycle we can see in aprox 6 months from now
a New Bull market may start...
This chart also may be invalidated because it's to easy to anticipate :)) the future
And the big players don't...
after FTX collapsed , altperp ( ftx alts index ) is no longer valid .
i made this alts index myself excluding btc and stable coins
the chart includes levels and zones to watch for alts/ btc .
this chart is very important to observe alts behavior against btc and chase the best opportunities to long/short or invest in ALTS .
MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This video and chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull...
ALTcoins - sh*&coin cycles - the casino that never closes
ZOOM into this puppy to see the short term action better
Its been awhile since i looked at altcoins. we are experiencing a macro pivot here imo.
I have been loading up for months now. Will rotate out of the BTC bag after we hit the zone I am looking for on btc dom chart (see attached), into whatever...
Alt coin market cap reaching 6T is no longer a dream, its just a matter of time.
In the previous run altcoin marketcap increased from 40B to 1.8T, which is a very significant increase of 45x.
If we see similar run this time, then 45x of 430B will be 19T, even if it reached half of this (9T) then its gonna be a huge win for altcoins. we can expect some coins to...
Recent trends in Altcoin Market Cap indicate a setup for a powerful movement, with a remarkable 90% of altcoins showcasing significant strides since October. This surge is not just numerical; it's embedded in the daily price structure, adorned with robust bullish patterns, notably the Falling Wedge, Triangle, and Triple Bottom.
Since the beginning of October,...
Altcoins are dimping way more than Bitcoin therefore let's have a look at TOTAL2.
TOTAL2 is in a downtrend but when we zoom out , we can see that in fact , it's just a consolidation inside the channel and long process of building the market structure.
It looks like we can see another crash (20 -25 %) in the altcoins market overall. Some altcoins will...
#TOTAL2 is currently testing a crucial S/R level (680b) on the Weekly TimeFrame.
If you recall , BTC was testing the 31k S/R level a few weeks ago, and once it broke, we witnessed a significant pump.
Now, if there Breakout here as well, We minght see #Altcoins rally.
After a bullish january , i do not think that we will have another moon february imo .
For chart perspective , we broke the pannant , but we do have strong double ressitance , the trenline and the ichimoku weekly cloud. That act as a strong resistance for prices .
I think that we will make a fake out and we come back to the pannant eventually , unless we will...
alts has been consolidating for a long period of time now , the market is boring , i think its time for some volatility , BVOL in support , FOMC this week , and we are in December .
i have indicated the zone that the alts would probably target if the decide to go to down/up side ,
this is not a FA .
I see that the next leg down for alts would be in the indicated green zone ( this would give us -20% from june lows to -29% ) .
the zone have confluence with HOSODA target for N wave , fib clusters , support zones .
the chart excludes stable coins , btc and eth , just to be precise and to really represent alts .
this is not a financial advice .