Trading Alt-coins is not easy. Often while waiting for them to reach their targets suddenly the hole market takes a dive before they get there.. or we sell them and they keep going much much higher leaving us behind in the dust.. So i came up with another approach trying to time the point where the hole market dives and sell them all together no matter where they are in their own individual cycles..
When to exit Alt-coins? This is my Crypto market-cap analysis and game-plan excluding Bitcoin.
The only tools i use for this prediction is the Fibonacci Extension tool and Tom Demark's TD sequence Indicator.
before i start i want to say that the big market cycle top is far far away in my opinion and I expect it to be around the 10.618 extension or higher which is at around 4.45 Trillion total market-cap. Basicly a 4x from where we are now.
But of course there will be up and downs like in every market and each time we reach another fib extension target i expect a decent dip worth trading.
Time-wise if we are going to make another TD 9 count on the 3 month chart the 9 would open on 1 July 2022 and close end of September 2022.
This analysis can be used as a roadmap which should help us to play each leg up to our advantage. Selling each leg up for bitcoin and buy back the correction multiplying our alt-coins towards the big top where we will sell it all for stable-coins and wait for the bear-market to do its thing again before buy in and rinse repeat.
That said let's get to it.
The recent 2 small cycle-tops have been made at the 1.618 with 696 Billion and the second one with 1.1 trillion at the 2.618 Fibonacci extension. Meaning we had small cycle tops already and have 8 more to go from here if my 10 cycle theory is going to play out.
Why 10 tops? I can not explain you why but i can teach you a secret i found with the 10.618. I have backtested this on multiple assets and it seems there is something about it that does work. It is basicly free money if you learn to play this. You should try it out yourself by backtesting it on your favourite assets and you might make fantastic finds and possibly life-changing gains in the future ahead just by knowing this secret which is a great help to know when to get out. this 10.618 can also be applied on smaller timeframes and can be of great help for every trader.
If you manage to do well based on my teachings please gimme a shoutout. It would make me very happy knowing i have helped someone reach financial freedom.
lets continue:
I decided to publish the idea in the 3 month time frame in order to cut out most of the noise. You can see that we have reached a green TD 9 count on the 3 month chart in January 2018 which was the 1st ever market-cycle top in alt-coins.
the indicator is not counting 1-9 properly after the top and i could not find one that does it right. So i placed a text-box with the red numbers so you can see that there was basicly 9 chaotic candles after the green 9. you will notice that after the chaotic 9 it started a new green count which currently prints a green 4.
so currently we are on a green TD 4 suggesting we should have over 1 year of upside before we reach the green 9 and possibly the big market cycle top by end of September 2022.
now lets get to the point. what do we do from here?
the next obvious target is the 3.618 at 1.5 Trillion USD
The game-plan is to sell all alt-coins when we reach the next Fibonacci target and move either into bitcoin.
In my opinion the best would trading versus BTC and only move into stable-coins once we have reached the Big cycle top.
So each time we reach one of these Fib lines we must make sure we exit all alt-coins into bitcoin even if they have not reached their own targets.
Once a small cycle top is in and we start to dip we then can draw a Fibonacci retracement on our alt-coins we wish to buy back lower and layer our bids for buy back between the 618 and 786 fibonacci.
then we wait for the next Fib in this case the 4.618 target at 1.91 Trillion and so forth.. etc.. Rinse repeat.
i will update this Idea with more detailed small timeframe charts all the way until the big market-cycle top reminding you when to get out and when to get back in.
To not miss any updates and alt-coin ideas please follow me here on Tradingview. Then you are all set for the super-cycle alt-coin run and all you need to do is to watch out for the signals and enjoy the ride/gains.
Not financial advice. please like if you enjoyed this and feel free to ask or comment. follow to learn more.
ps: if you like reading trading books I do recommend you to read the book about Tom Demark's TD sequential.
Note
we can see on the 3day chart we have completed a full TD 9 sequence with candle 8 marking the top and are currently in a 1-4 candle correction. Current candle being in a red 2.
Once we start printing a new green TD count which can happen any day now this week. I expect a breakout to new highs towards the next target.
in the coming days i will updated with more small time frame charts and findings. stay tuned
Note
here is the 3 month chart in log scale to give you a better visualisation.
you can see how we are just in the beginning of the new cycle.. as we have just recently broken the old ATH
someone in the comments asked for a video walkthrough. i think it is a very good idea and i decided to do it soon.. I am awaiting my second child to be born any moment now so bare with me if i suddenly do not respond :) ill be back i promise.
Note
as promised here the video :) hope you enjoy it and please leave likes, comments and donations :))
highly appreciated! also pls consider check out my profile here and follow me on youtube, telegram and twitter if you are active there.
Note
so i continued with a few updates to this secret on the new video idea. and will only update this one when we reach the coming targets!
follow me for new chart ideas as i will implement the secret on every new chart now and it could be helping you to learn how i use it on different assets.
also consider check my profile here and follow the social links for additional content
Note
it wants to break out.. can we do it?
Note
Good Morning everyone. The Total 2 has broken out above the 2.618 and has clsoed a 4hr candle above.. this is great.. i want to see a daily candle close above as well.. if we build support here above then the 3.618 is around the corner. my only worry is that BTC dominance has hit a MRI bottom on the daily today.. meaning that BTC could outperform Altcoins in the near future. As of now it looks like BTC and Altcoins could run together.. but not sure.. need to see what happens in the coming days. BTC is reaching my 60k target soon and closing the CME gap. i wanna see the reaction there.. can we stay above 60k or we gonna dump again to create more panic and fear in the market by visiting the 21 weekly before we actually go up towards 100k. My BTC ABC Bearflag correction could still be in play. i will watch closely and update if i see something.. but today definitely is a good day in crypto. congrats to everyone who is riding this. we are on the right side of history.
Note
Total 2 closed the daily as a green TD8 above the 2.618 as we hoped in order to give us confidence. When we see that the sequence is coming close to a TD 7-8-9 we can also expect at least a 1-4 candle correction any time.
Today's 9 already dumped nicely back below the 2.618 testing the outbreak and found solid support at the 0.236 fib (measured from the start of the sequence) The bounce was massive and we are all the way up way above the 2.618 and the daily currently looks like a nice hammer candle. Let's see if we are going to close it like this that would be awesome. Looks all good to me and ready to move up towards the 1.5 Trillion target. on 16th may the blue trend-line meets the 3.618 target. not sure if the price will hit there as well that fast but it is definitely possible.
pls leave a comment if you follow and like these updates.
make sure to follow also other ideas of mine that interest you as i frequently update them as well. follow me on twitter / telegram for more and different content
hope you are on the doge train. there is no coin with more momentum currently have a nice day/ride
Note
the total crypto market cap excluding BTC is showing a cup n handle formation. break out target is somewhere 3,7-4 trillion. break out point seems to be the new month. in 4 days we are Closing the monthly candle. you can see here that the handle is forming also a ascending triangle that comes to and end exactly when we switch the month.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.