Here is the dynamic that is playing-out:
1) A strong rise; great; bullish.
2) The up-move stalls. The action goes sideways and the rounded top appears.
3) The action moves below EMA10.
The bullish momentum is lost. Bearish potential develops.
The dynamic goes from bullish to bearish.
Still technically bullish but with bearish potential.
Early bearish signals...
Looks like there are 2 scenarios currently. The third one is breaking down, which woudl be a huge surprise. Low probability even tho the pattern usually breaks to the downside.
Total2 is now on a bullish eve.
You see the technical levels. We are above the trend midline and this zone is a strong support.
In the back we have mayer multiple bands and gaussin channel in colour.
Analysis plain and simple. now only patience.
TOTAL2/DXY
TOTAL2
Hello,
Not sure for you but crypto Alts look like they are doing down. Stock RSI exhausted (People think that crypto is expensive for what it is right now. Ichimoku points to a reversal starting tonight to tomorrow.
NOT SURE AT 100% but I would say 75 % positive it is going down, but I need a little more candles to be able to confirm this theory. I wasn't...
Altcoins, until recently soaring to great heights, now face the challenge of the descending butterfly on our chart. The Butterfly Pattern, symbolizing uncertainty, casts its shadow over the market, while Elliott's analysis suggests a potential return to position 4. But beware, position 4 is not the end—it's merely the beginning of a new story. Will Altcoins touch...
After a short period down price is retesting this curved resistance trend. I believe this trend line will break as it has been tested many times and we will see movement something like what I have plotted in green, very bullish.
The pattern seems to be working again. I hope we don't get caught in the bull trap. There are many indicators showing that the season will start, and this pattern is useful in showing approximately where we are.
Alts-season insane similarities of all previous cycles!
After bear market, we had a long accumulation over year one zone box, then a breakout then a retest. Let us see how this will unfold
TOTAL 2
Crypto Total Market Cap Excluding BTC
✅Above 100 week SMA
✅End of 149 week Cycle (new bull cycle starts)
✅Break above POC
🚨One last pull back (Make it count)
March 2024 is looking like a key month
(You have 4 weeks ~ dip the beak)
We watch for a failure too, if we lose the 100 week (first warning) and if we exit the lower pennant with a...
Crypto market and total 2 chart And also its weekly candle clearly shows that we will have very attractive pumps in small currencies. You just need to find the currencies prone to growth and enter the support areas.
It hasn't been that long (October 05 2023) since we called for the start of a major Alt Season ahead:
As you can see, we caught the absolute bottom on the 494.45 Support, a pattern purely modeled out from the January - April 2023 sequence. On today's market update we look it from a wider perspective by comparing the current price action to the previous 2...
this is a very simple idea of the kind of retracement that could be bullish for alt coins
if it doesn't manage to hold support, then it'd be bearish, a short period of time, until a huge liquidation happens and quick buyback happens
if support holds and we get one of these 2 pull backs, then alt coins will continue to rally
Educational purpose only
nfa
Here is the Cycles Synchronization of Crypto Total Market Cap Excluding BTC (TOTAL 2). At some point, between mid november and mid december 2025, I do expect around 3.5T Market Cap to be the top for the cycle. 1 year later, the Market Cap could be at around 1.5T, I think.
Will follow with interes...
The #altcoins market cap remains strong, holding above the important level of $686 billion. Anticipating a further upward move, I expect it to reach the range of $1-1.25 trillion very soon
Our plan is working great since several months! Now if it break the 778 level, the new upward wave will coming which is bullish sign for the Altcoins. So hold your coins with the patience.
