ALTs need to break trendALTcoins have been bullish but...... cabt break trend the line shown in the chart ...i do believe when that happens ALTSeason begins
Trade ideas
Crypto Market CapLooks like the crypto market is about to bleed on last time before lots of money is going to get dumped in after it bottoms.
~186 Billion (a numerical version of phi, the golden ratio, the 618) will be where it bottoms.
Get your USDT, Cash, USDC, ect ready. Looks like January 18-25 or so.
If there is any chart you'd like to see me calculate. Send a message and i'll pop it out for you.
TOTAL 3 Ex BTC & ETH - CautionI see a lot of people jumping up and down about ATLS running but this chart shows a level of caution should remain
That 200 SMA has rejected PA harsly before and may well do so again - However, on the 4 hour chart, PA is being supported well by the 50
But, may not be enough....
Once PA gets through this 200, than I am all in
Untill then, please remain cautious
Small ALTS dominance about to go UP We've created a double/triple bottom on the small ALTS dominance.
In my opinion, small ALTS will start outperforming Bitcoin in the coming weeks, months.
WARNING. I am a altcoin bull! I am biased!
possible long after a retrace on T3This is the crypto market cap minus btc and eth.
A nice invalidation level, you cant trade this directly, but can use it as a guide to know whether alt coins will run
#Altcoins Wave 5 | #ALTCOIN CYCLEWave 5 : ALTCOIN CYCLE
White EW:
-Macro Wave 4 has hit the 0.382FIB
-Macro Wave 5 is forming.
To the Moon!
That is all.
TOTAL3 ( ex BTC & ETH) Crypto Market CapPA coming under pressure here and is bumping into the 200 SMA for first time since April '22
It is also running along upper trendline of long term channel AND at same time, now hitting the longer term resistance from Off ATH
This is a crucial time for ALTS
They have already begun a slight pul back in Markets while BTC PA appears to be hanging on for now.
🔥 Altcoins Can Fall MUCH Further: Be Careful!As seen on the chart, the total altcoin market cap has been steadily falling and making new lows while BTC and ETH are still trading above their respective bear market lows.
Last cycle the total altcoin market cap fell a whopping 92% from the top. If the altcoin were to fall that same percentage during the current bear market it would indicate that alts will fall another 69% on average.
Another way to track the relative weakness in altcoins would be to look at the Bitcoin Dominance. Check my most recent analysis on it below.
Whether alts will fall another 69% remains to be seen. The market is more mature than the previous cycle, plus there are arguably better alts on the market which people will want to keep buying. Nevertheless, I think we can safely assume that the current ~75% decline from the top is not going to be enough.
How far do you think that alts can still fall? Have we bottomed? Share your thoughts🙏.
Total 3 - I think Altcoins havae bottomed!!!Giant wedge from the top, we just hit the bottom of it, I think altcoins are about to rip faces along with the rest of the markets. Hard to believe now in the depths of the bear market but the best thing to do is to just play the charts. Still need confirmation but I'm getting excited.
TOTAL 3 with thought process of bullish and bearish ideasTOTAL 3 need a support bounce to help the ALT coins
if it breaks below 307 it will be very bad for the ALT coins
what we really need is the price action to get a
support bounce ( bullish retest ) of 336
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
#XRP 89% Draw Down Narrative #XRPUSDThe 2016 XRP Draw Down was 89%. Will history repeat in 2023?
I compared the TOTAL3 (altcoins) 2018 Fractal and nearly nailed out the full 89% Draw Down ALTCOIN market.
There might be a small pump before the HUGE dump to the full 89% Draw Down.
Altcoin Rally:
- Potentially Ripple SEC news comes out?
- FedNOW (SkyNET) Goes online Mar 2023 and everything crashes down to 89% mark?
* www.federalreserve.gov
Will XRP hit the Double Bottom?
Altcoins look like s*Clearly confirmed r/s flip here. Below 302B its full send down
back flip r/s and it might buy bulls some time
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Total3Total 3 Market Cap is approaching the Phase E of Wyckoff Distribution where the price will soon break the support and continue the downtrend.
The Target is $150b which can be seen as obvious support on the weekly.
This is the beginning of the 50-60% drop most alt coins will experience.
Total 3 3day chart is bullishI have marked out the last couple of times that the MCB showed bullish divergence.
Is it alt-coin season? This graph says so!
Altcoins about to get #rekt
Same as for Bitcoin but way more severe.
Started 5th wave down with wave3 triggering 2.618 => wave5 will hit around 4.236 (intermediate, orange count).
Locally same structure expected to hit that level w3 on 2.618 and w5 on 4.236
Also locally just now confirmed previous support as resistance.
Fasten your seatbelts!
Bargains ahead!
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
TOTAL3 Bullish Cypher Remains Strong Despite Bearish PushbacksDespite the recent Bearish pullbacks, the news driven dumps, and coin collapses (particularly among coins that have heavy unstable associations with DeFi); the Total 3 Market Cap itself has remained stable above the 78.6% Retrace Cypher PCZ and above the 200 Week Moving Average.
I think we will see marketcap flow out of the DeFi space and into coins like Litecoin, Dogecoin, and XRP and that that will keep the Total 3 Marketcap afloat.
