cryptok-eu

cryptok-eu

Not perfect, not beautiful but this (nested) descending broadening wedges may play a role in the next alts season.

cryptok-eu

ETH and XRP have very different value propositions and use cases, nevertheless together they represent, at the moment, a bit less than 20% of the Total Market Cap. If we merge their Market Cap we can see they already broke out from a descending wedge and this Top2 is now fighting for another breakout from an ascending triangle. Anyone monitoring the...

cryptok-eu

Adjusting some settings on the Major Mayer Multiple, for example the Slower MA (SMA #B) to 400 (instead of 300) and the MMM EMA to 50 (instead of 14) we obtain some interesting results, other setting are also interesting but for mid/long term cycles this two changes can be revealing. I also started using an RSI applied to the MMM EMA and I may integrate that...

cryptok-eu

Can we use a ratio between some of the Top Alts and Alts Market cap for local Tops and Bottoms? I think we can, but this is still a work in progress…

cryptok-eu

Following the same idea previously shared (using the Total Market Cap) I'm also keeping a closer eye on this TOP5 (excluding BTC). The broadening wedge isn’t perfect nevertheless the resistance is now being tested and it may be a good idea to see how this will play out. The Total Market Cap already broke some of the identified resistances but nothing is a...

cryptok-eu

Since the chart of the script (indicator) changes on each update this Idea Is an Example on how the Major Mayer Multiple can be used with default values. This indicator is obviously a lagging indicator and it shouldn't be used alone nevertheless we can clearly see how it can be used to somehow detect larger cycles but also minor ones if each setting is properly...

cryptok-eu

For the last 200 days a descending triangle is consolidating and a breakout is quite imminent (we entered in the last 25% of this formation). Breaking this formation on the downside should trigger another Alts season, breaking on the upside may trigger further lower lows for alts and probably also BTC. Total Market Cap Patterns: ...

cryptok-eu

Total Market Cap may or may not be ending the Bearish Trend but we have two dominant patterns that may breakout soon Ascending Triangle Descending Broadening Wedge We also have a support/resistance line formed at the previous lows. This line broke when the market may accomplished the capitulation phase, not everyone will agree with that but this line...