[TOTAL2] The One Week Candle that changed everything for ALTs
Updated
Good morning,
This will be quick for now, will update as candles form.
My TOTAL2 analysis was hardly updated and looked at with a fresh eye.
But to my surprise a one week candle changed everything for alts.
The numbers show the reading order. Will give more details soon.
This thing is going to blow up. We are at a critical point. We need a few more daily candles to confirm this madness.
This will be quick for now, will update as candles form.
My TOTAL2 analysis was hardly updated and looked at with a fresh eye.
But to my surprise a one week candle changed everything for alts.
The numbers show the reading order. Will give more details soon.
This thing is going to blow up. We are at a critical point. We need a few more daily candles to confirm this madness.
Note
The question now is how it this going to get distributed ...Note
As of today, looks bullish but retracement is imminent... on the weekly TF, latest candle seem to take support but the chikou span didn't place a mark on the span B, if no block placed by chikou span above the SPAN B then MASSIVE shorts coming ... which would align with our previous thoughts. The weekly must get rejected or 1.2T TG ... despite the bullish sentiment within the graph, fundamentals can't be ignored and the whole market needs to breath the intake off...
I've said soooo many times, it's a rubber band, if it is stretched too much then it will snap...
hopefully this is helpfull, if you are long take the safe position and cash in a bit maybe 25% or 30 % so if downs come in at least you cashed in your initial investment ...
Trade active
If PA doesn't go above 915B, (unable to place a new high) then Boxing Day season is starting ...Note
support became resistance ? Note
I think the AI crypto sector is making this misbehave... anyway that sector is supppper bullish which reflects on everything for now, as soon as that sector reaches a resistance (unknown)(need to create a filter on total2 and keep only the suspects) and look at the chart to know when it will stop... hmmm interesting times...Note
having fun, prediction game :Note
Suuuuuper happy that it respected me (LOL ;)) and it didn't go near the 915 B. Boys and Girls!!!!!!,
This is becoming real ... I don't wanna jump the gun YET but SHOPPING SEASON IS NEAR!!! FILL UR BAGS
Don't buy yet for the next 2-3 and then start accumulating little by little ENJOY ;)
Note
I Also wanna take the time to thank CZ, Binance, for warning us about them leaving. Which prompted me to buy everything back in end of august and got me interested again about cryptos. I took the 300-400% first percent of this season... And here I am ...
Thanks CZ LOL
Note
I always jinx myself lolol, as long as we don't go over 915 we good. the thing is that total2 isn't really a good indicator of what's happening with the eco system, it just shows how much money is in play and how it fluctuates(in/out) ... but not where it goes, and areas of interests where it is attracted to :(Note
One thing for sure, trading futures long term (118$ to 65$ idea for Solana example), you must have an affinity for roller coasters...Note
Update for the Alts Note
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