on the verge of a breakdown 😱 Will the support hold?Previous resistance is now holding as support. Looks like we will have a breakdown from the breakout point. We have mapped our retracement price targets in descending order. Bearish Stochastic crossover Negative RSI Are you shorting AltcoinsShortby JK_Market_Recap10101
TOTAL 3We're potentially on the cusp of the ultimate bull run in history. The total cryptocurrency market cap excluding BTC and ETH (known as Total 3) is showing promising signs as it retests and consolidates around the 644 billion dollar zone for about 63 days. If we observe an upward bounce from this point, it could mark the onset of the greatest bull run ever witnessed.Longby TheCryptoCity15
TOTAL3As long as the index moves above the number 646, we expect the previous ceiling to be crossed in this new movementLongby eduecrypto0-citex5
The Quiet Beginning of AltseasonWe're currently seeing the Greed and Fear Index hitting similar levels as during the "quiet beginning of Altseason" in 2021, as shown in the chart. Levels around 38 to 42 are common for drawing liquidity away from the initial distribution phase of Bitcoin. It's important to remember that in 2021, there was a period between the actual start of altseason and the noticeable price pumps in altcoins . This phase is a consolidation phase , where money flows into the market to buy altcoins at lower prices. While Bitcoin's price will also rise, it won't increase as much as altcoins during this time 📈. Note 1 : the starting of the Altseason will not be spotted until we reach the new ATH in Altcoins💰. Note 2 : Not all the Altcoins will make huge pumps during Altseason. Choose wisely your projects💎. Note 3 :This Altseason will not last long 😉by MonstralianUpdated 4412
TOTAL3 Alts before the announcing date of Bitcoin Halving.After 4 days if the weakly candle closed bearish then according to me the chart is going to retest again the level of 620B-650B $ and we see the alts at least 20% to 30% low from the current prices it feels like a dump before a huge pump.by AhsanSAbirUpdated 110
The Anatomy of AltseasonHello community, The cryptocurrency market operates through discernible phases , each presenting unique dynamics as illustrated in charts. Initially, during the Bear market phase , Bitcoin's dominance surges while prices of cryptocurrencies across the board decline. This phase is marked by pessimism and a general lack of confidence in the market. As the bearish sentiment persists, the distribution phase ensues, characterized by a continued downtrend in prices. However, amidst this decline, periods of stability emerge during accumulation, where investors gradually start acquiring assets at discounted prices , anticipating a reversal in the market sentiment. Moving forward, the BTC UP phase signifies a shift in market dynamics as liquidity is injected, resulting in stabilized dominance levels for Bitcoin. Despite this stability, altcoins typically do not witness substantial price increases , as the focus remains on bolstering Bitcoin's value to sustain the overall market sentiment. This phase often highlights the interplay between Bitcoin's dominance and the performance of alternative cryptocurrencies. As Bitcoin achieves its predetermined objectives, its dominance begins to wane, paving the way for the ascent of altcoins. During the Altseason phase 1, the total market capitalization of altcoins experiences growth, accompanied by a relative stabilization or modest uptick in Bitcoin prices. This period represents a transition where the market shifts its attention from Bitcoin to alternative cryptocurrencies, reflecting evolving investor preferences and market dynamics. The Altseason phase 2 ushers in a wave of heightened market activity, characterized by aggressive trading and speculative behavior. Traders, colloquially referred to as sharks, enter the market with the aim of capitalizing on short-term price movements for profit. This period often witnesses rapid and exaggerated fluctuations in prices, commonly known as pump and dumps, as market participants vie for quick gains. However, such fervent activity is typically short-lived, as unsustainable price movements give way to a renewed sense of caution and the anticipation of a new bear market phase , marking the cyclical nature of the cryptocurrency market. Happy trading !Educationby MonstralianUpdated 141431
Thing will never under your expetationI don't know how this timeline will work, but either we hold the last bull defense line or we lose our battle.by NesVulcanUpdated 663
TOTAL3I expect TOTAL3 to go down, back to 535B. I don't think May is gonna be a good month this year, probably the pivot will be in June, we'll see. Trade safely.Shortby imam98250
last dip before huge alt seasonPeople have been capitulating on alts and strong hands have bought them up on spot. Leverage got wiped out. We see TOTAL3 hitting the weekly ma20 with a hidden bullish divergence on rsi, and retesting the rsi neckline. There will not be many of these opportunities to load up spot on a weekly bull market correction. I think this is the last dip before a huge alt season can begin that will melt faces.Longby koryuUpdated 5517
analysis of TOTAL3 (altcoins index)Update #analysis of TOTAL3 (altcoins index) time 4H In the previous analysis, we expected this index to suffer and we see that the price has reacted to the specified resistance level and is suffering. It is expected that this index will enter an upward trend from the specified price floor, and you must keep an eye on the evolutions. And it seems that now is the best time to buy and hold at least for a whileLongby armanb_trader7
TOTAL3/BTCAccording to the existing structure in the 3-month time frame, we notice the creation of a combination pattern of zigzag + zigzag type, that our current position is the B wave of the second zigzag, waiting for correction to the opinion range to complete the structure.by eduecrypto0-citex0
When is the best time to buy Altcoins?The short answer is... Now, this year into early next year. Although I would expect a lot of similarities this market cycle, I would also expect some differences. So let's start with the yellow diagonal line with the up trend. This line was originally drawn through the BTC price action. Look at how it actually works perfectly with the TOTAL3, PERFECT!! So, according this chart the alt cycle big moves won't come until 2024 around the September time frame. If we pay attention we will notice a separation From the the BTC market cap to the TOATL3 market cap that opens up during the bear market. We can also see it also mimics the bitcoin market cap until it finally closes the gap in the final stage. Solid yellow line is the BTC market cap & the candles are the TOTAL3. The bars between moves 88 BARS is from top to top 57 BARS is from top to the start of the final wave (double bottom) 36 Bars is from when it breaks the up trend to Not market on chart. 62 bars from the breakdown of the trend line to breakthrough back above it would but it in early February of 2025, pretty much right on schedule. This chart is on the 2 time frame so each bar equals 2 weeks.. The indicators below are TDI and RCI 3LINES. Here is where some of the differences might come in to play. we'll look at the TDI first. I want you to keep in mind that I have zoomed in this indicator to show the moves more clearly. In 2019 the RED line (fast moving line) made a fairly big move up and broke through the top of the channel. It then dropped below the middle line (Yellow) and went sideways until it's next move again piercing the top of the channel although not as high into the inevitable COVID Crash. Comparing to this bear market the TOTAL3 has made a move off the assumed bottom but it wasn't as strong as the move in 2019 as shown by RED line. Also this time the RED line seems to have found support on top of the Yellow line showing more strength in the correction phase. If it does n=hold I would expect the next move to be higher than the initial one which would be different from the last bear market. I also think this will continue all the way up. RCI 3LINES RED FAST / BLUE 2ND FASTEST / GREEN SLOW The all important Blue line has crossed up on the green line. Once the red line turns back up, the move will follow. All in all it is good time to start to accumulating your altcoins of choice. Keep in mind although they do move together for the most part, they all have they own cycles as well. Thank for looking. Let me know what you think down below. WeAreSat0shi Longby WeAreSat0shiUpdated 212173
total3Hello, according to the specified chart, I am waiting for the indicator to reach that area and enter the market. It is not a buy or sell signal, it is a personal opinion.by ghsaeed5320
TOTAL3 hi all....the TOTAL3 is in a bad condition...pay attention to it...and you can find some good oportunities to buy follow me please if this reason was helpfull...thanksShortby the_blue_osprey0
Alts ratio to $BTC is range bound. Breakdown or breakout? Alts ratio to CRYPTOCAP:BTC is range bound. Which way will it break?🤔📈 📉 We should monitor this if we are to see a break from the range to determine if alts will outperform or underperform BTC. Altseason?by JK_Market_Recap1
total3Total 3 shows a downward trend, even its weekly is downward So, with this account, Bitcoin can be seen at 58k, even 55kShortby daniyalfooladi45
Chart looks bullish? Altseason about to start?If you think this chart looks bullish and a bounce could happen here, then that means altseason could start soon! This chart shows the SMALL ALTCOIN DOMINANCE. I exclude all the big coins. (CRYPTOCAP:TOTAL3-CRYPTOCAP:BNB-CRYPTOCAP:XRP-CRYPTOCAP:USDT-CRYPTOCAP:ADA-CRYPTOCAP:DOGE-CRYPTOCAP:SOL-CRYPTOCAP:DOT-CRYPTOCAP:USDC)/CRYPTOCAP:BTC Longby brian7683Updated 2213
Destiny TOTAL3Given the evidence and certainty, we can expect a fall to the $400 billion range and start a bullish wave from there.Shortby Hossein_Fatapour_IRAN115
TOTAL BTC & ETH Trading IdeaTotal Money Cap of Ethereum and Bitcoin. I am just analyzing history and comparing the previous bull market with this one. I think we still have a lot of room to grow in price on ETH and BTC.Longby planfomo5
A very czuzical month can decide where are we goingSo, let the chart play and lead us to where we can go: 1. A wonderful year ahead for everyone in this space (40%) 2. A really bad year and may be leading to another consolidation year going on (60%). I just leave it here and will roll it over when the TIME comeby NesVulcanUpdated 665
TOTAL3Altcoins may face continued pressure as Bitcoin dominance (BTC.D) has recently exhibited a shift in character.by kabb0
ALTCOINS MARKET CAP ANALYSISLooks like price is retesting the previous broken support in past few days Here we can expect one of 2 scenarios: 1- Either we reclaim this support = continuation of the trend 2- Or bearish retest and market drop again to test 60k zone Keep your eyes on this chart by Babenski3322
TOTAL3 Weekly Chart ANalysisThis is what I think it will play out as of now. However, never ever take my any analysis as financial advice. DYOR before investing any penny.by EagleCryptoWorld332