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Altcoinseason

ALT-SEASON or NOT ? ALT-SEASON or NOT ? So how do we understand this? Altseason To understand this, I checked the whole market by doing very detailed study. I share the charts that I find important on the subject. The most important charts are: 1-) Btc Dominance 2-)Eth/btc 3-)Eth/usd 4-) Total2, Total3 marketcap 5-)Others dominance 6-)Others marketcap 7-)BTC/USD 8-)XRP/BTC 9-)LTC/BTC I recommend you to check all charts to fully understand. And thank you 1-) Btc Dominance First one, btc dom. I dont except impossible levels like 60-70. Looks like we have come to end of the road 🗡 ready >>>waterfall 2-)Eth/btc The rise of ETH means the rise of altcoins. Strong Eth= strong altcoins ETH/BTC Most important chart imo. We have to save green line ! 3-) ETH/USD ETH/USD 4-) Total2 marketcap/ exclude btc Total3 marketcap/ exclude btc and eth 5-)Others marketcap 1w 6-) Others Dominance 1w 7-) BTC(USD 8-) XRP/BTC 9-)LTC/BTC Conclusion : I think the real rise of altcoins will be in 2024. This does not mean that we will not see any increase in 2023. But my main strategy is to collect in 2023 and sell at the end of 2024. These charts are more meaningful when they come together and form a whole.
CRYPTOCAP:TOTAL2Education
by Cryptollica
2
How to invest in altcoins if you are a beginner?Altseason is the moment when the big players have taken profits from bitcoin and now the capital is flowing from bitcoin to altcoins! You must understand that not all altcoins will be profitable in the same way! No need to focus on specific dates and try to predict the future. Your task is to adapt to the market order flow.  The first wave of momentum is buying with big capital! No one here believes in growth yet! The last wave will be the shortest since it will already be a period of greed with a great news background so that even the latest skeptic would believe that he will become a millionaire thanks to cryptocurrency! It will be time to exit the market When is the alt season? Phase 1: Bitcoin Cash flows are directed to the main cryptocurrency Bitcoin Phase crossing | Ethereum is starting to fill up with smart money capital. The second cryptocurrency is rapidly trying to catch up and overtake Bitcoin. Ultimately, the growth of Ethereum is much more intense. Phase 2: Ethereum Ethereum outperforms Bitcoin. Gradually, the hype begins to rise. Phase crossing | The flow of money is directed to highly liquid alts, alcoins with the highest capitalization. Major purchases are taking place. Phase 3: Highly liquid altcoins After Ethereum identified the first cryptocurrency, highly capitalized altcoins show parabolic growth. Phase crossing | Regardless of capitalization, some altcoins with good fundamentals show tremendous growth. Phase 4: Altseason High-cap alts have finished their vertical growth and are starting to lose ground relative to their peaks, but since they have outpaced Bitcoin and Ethereum in terms of growth, it seems to many that this will continue. Euphoria reigns all around, memes about Lambo and millions are everywhere, the smell of phantom wealth is in the air. Medium and low capitalized assets have the same trend. Pump Altcoin Trends But sometimes it also works in the opposite direction, like this year with Pepe Coin In order to make a decision on investing in any project, you need to conduct research. Most of the information on the coin you are interested in can be found on the website, in technical documents, main analytics platform, social networks of both the project itself and different kinds of communities connected A very important point is how to fix profit! Let's say you allocated capital and bought 5 altcoins! First, bitcoin begins to grow and correction begins Then one of your altcoins makes a profit and you can fix part of the profit in bitcoin, that is, sell the altcoin not in usdt but in btc You do not need to wait for a correction on this altcoin to enter again! You can invest the second part of the profit by additionally accumulating a larger volume in an altcoin that has not yet shown results and is in accumulation In parallel, bitcoin may also begin to grow, so you increase the profit that you have already recorded Step by step you can increase your initial deposit just following the trend!
BITSTAMP:BTCUSDEducation
by Crypto4light
ALGO and Dow Theory Trading Strategy (CRYPTO VERSION) The accumulation phase is the starting point of a new trend where the smart money is buying into a stock. Then we start pushing up which attracts the eye of the general public aka the retail traders. At this stage, everyone starts to pile in before we reach a climax point. Uninformed investors continue to buy while at the same time smart money sells their stocks which forms the distribution phase. Ok.look at the Algorand chart. Are we in the second part of the story?
Education
by wikipedram96
Possible 30% gain on this altcoinsHello Fellas, Today is a very interesting day when we see at the market . it is all because I saw a lot of buy signals from altcoins which could lead them into a huge bullish run in the next few days. First of all, if we look at the 4 hours chart, we can easily find an ascending triangle has been formed which usually could lead the price to go up. Beside that, I've seen a possible 5th wave is going to be formed in near future. Because I often see a truncated 5th wave which usually lead us to the double top pattern, I will be waiting for the break out confirmation of this 4 hours pattern. and enter long position from here. My 1st target will be between 19700 - 20000 which act as previous swing high of current pattern. My highest target for mid term is around the 25000 which is 30% up from current price. However, between 20000 - 25000, I see a lot of significant resistance is ready to fight the price back, that's why I will give you a breakdown update for those resistance ahead. Thank you.
Education
by julio24albert
2
What does it need to confirm altcoin season?"What seems good is not necessarily good" Maybe this statement is the right quote to represent current condition of the market in cryptocurrency universe, especially in altcoins! A lot of arguments about the next altcoins season has occured lately. not just because the height of the bitcoin dominance, but also most of the altcoins has reached an extremely bottom right now. If you've read about the logical thinking about money circulation in this current industry, you will understand very well about the correlation between bitcoin dominance and crypto market capitalization. Let me explain it to you about this logical thinking again. If the bitcoin dominance has reached the top and we see a possible drop on this dominance in the future, this will mean a shifting capital from whales which switch their investment from bitcoin to altcoins. And if this happens, it means that the money outflow from bitcoin will become the money inflow in altcoins because a lot of investors has switched their capital to altcoins. And if this happens, this will automatically increase the market capitalization on altcoins. In this podcast, I will be focusing on the technical analysis on this altcoin market capitalization. Based on the chart, we can see there is a possibility of this market cap to forms a head and shoulders pattern which will end up with the drop on this market cap. I still believe that altcoin season will happen in near future, but there must be a mitigation if our analysis comes wrong and the price moves against our will. Personally, i will put a huge amount of money on altcoins when the market cap of this altcoins breaks out of the blue region. otherwise, I will be very cautious and try to play conservatively on scalping. Just as you know the correlation of these important factors : - Bitcoin dominance goes up, altcoin market cap goes down, altcoin price goes down and vice versa. Thank you
CRYPTOCAP:TOTAL2Education
by julio24albert
1
Ethereum : Equilibrium on market and dominance on bitcoinHello fellas, Finally we get some moves on BTC and once again our analysis has met the precision here with a drop. I've warned you about the bull trap region and possible drop. At the time I made this post, the bitcoin dominance is standing at around 69.4% which is extremely high and not ideal for me. So, I believe in the near future, the dominance will throw over from current level and we will see a drop on bitcoin too. The biggest question is, what could happen on altcoin market? will it follow the bitcoin's drop? or will it moves against bitcoin? Personally, I really think that current price of altcoin is pretty low and most of them has already touched the historical low. I really can't imagine if the price of that altcoin will drop from current level, it will be such a hell. I use only the logical think to represent my view on current market. Just imagine if the dominance of bitcoin decrease, this will mean there will be a money outflow from bitcoin to keep the equilibrium play in this major market and if there is a huge outflow from bitcoin investment, I do believe the money from big investors which is known as whales in crypto industry will fill in the altcoins space to help bitcoin decrease its dominance. This phenomenon will cause a negative correlation between bitcoin and the altcoin. I choose to pick ETH as my weapon on this possible bullish scenario on alts because Ethereum is the 2nd largest crypto in this universe just under bitcoin in its rank based on market volume. I do believe in its project too. And from the technical side, it is moving align too with my above statement. currently the price is playing in the break out cycle both on diagonal and horizontal levels and based on the RSI and MACD, I see the price is gaining strength with its bullish divergence on daily based. I need to see 1 more drop toward the white region and if this level can hold on the price, I will open a long position from there. This will be a beautiful trade if I have all the confirmation is being met and you will feel how satisfied is with this profit.
BITMEX:ETHUSD.PEducation
by julio24albert