Is an explanation necessary? I'm listening to wham! while charting this
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...
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...
The Total 2 chart hit the resistance and on the other hand, it has a pullback to the neckline from the head and shoulders pattern. For now, there is nothing to worry about unless it breaks the neck line down. As long as it does not go below 600, there is no danger, it is also good ;)
Looking for a pullback to 585. this will satisfy the wick from 7/10 retest, the VPOC is about 572 so that's another target in that range we could see. Once we make that Continuation to 770+ from the ISH seems likely.
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,...
#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.
I continue to expect a drop in the short term. I had previously made the same prediction for TOTAL. In this process, I predict that the rises in altcoins may be strong profit-taking. Therefore, there may be a drop until the previous reverse zone. When this place is also lost, the falls will deepen. As a result, both scenarios shown in green and red are possible....
Excitement is brewing in the crypto sphere as the Total Market Cap of cryptocurrencies (TOTAL 2) signals an imminent surge. All indicators point to a bullish rally, and the chart is painting a compelling picture of an impending breakout. Get ready for a thrilling ride as we navigate the confines of an ascending triangle, gearing up for the third and potentially...
Traders, For the first time in a year and a half, alts have broken above major resistance. This resistance happens to be the neckline for our long-trending inverse head and shoulders. This is hugely bullish! But before you max out your home equity line of credit, know that we are nearing what looks like it could become a local top. The channel which alts have...
People pricing the market based on "Market Cap" on a new asset class that cannot be valued properly by a "Market Cap" need to check their models, I'm even more convinced something big will happen in 2024 as most Twitter comments (I've read thousands) are waiting for a 2025 (bull market) and think its completely out of the possibilities for the prices I have...
Total 2 We have: abcd model Crab model The indicators on the weekly say it is rising, and God knows best, but we need a close above B to confirm this blue D X to confirm this green D If the closing occurs, there is a high probability that we will close above the main trend, God willing Or we may see a retest on the volume areas This scenario is currently...
Being a contrarian thinker, I often hold opinions that differ from the mainstream, whether it pertains to stocks or cryptocurrencies. I find myself venturing down an unconventional path, distinct from the majority. The provided weekly chart depicts the total cryptocurrency market, excluding Bitcoin. Here are some key observations: Price action has successfully...
Comparing ETH/BTC (left) to TOTAL2 (right)(All cryptos excluding BTC) usually gives us a good idea of when to expect an altseason. ETH/BTC is right now testing a trendline of support (orange) that has called every low (of the ETH/BTC pair) since 2017. The gains we have seen from this pair since testing our trendline of support has lead to a 2,044%, 40%, 75%,...
How will the market behave as a whole on the next bullish phase? Everything will grow in a general sense. The trend is up, the bias up, the charts will produce higher highs and higher lows. What about the Altcoins vs Bitcoin (ALTSBTC) pairs? This section of the market is unique and will have its own phase. This phase can last for most pairs between 3 and 6...
We are in a critical point at TOTAL2/BTC which is a nice index for recognizung Alt Season.
According to the Beam Band and an Ascending channel along with fractals we could be in for an alarming $7 trillion dollar target in 2025. With the Bitcoin dominance increasing we may still have some sideways chop with accumulation for a while possibly until the 4th quarter of 2024 until the Bitcoin dominance decides to fall back down into the 30% range. For now we...
Since I know there are a lot of Crypto fans out there, and not all of them are CRYPTOCAP:BTC Maxi's. I present to you the wave counts on the CRYPTOCAP:TOTAL2 ( NASDAQ:ALT Chart). The key with this chart is the counts, but also the fact that the 2nd wave correction lasted 9 candles, and this current correction is at 9 candles (Remember: Each Candle is 3...