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Altseason

Observations on Bitcoin Dominance ChartThe Bitcoin dominance level is approaching a significant resistance level, warranting attention. Although this chart is a representation rather than a real market, it appears to adhere to certain universal mathematical principles, suggesting that it may respond to key levels. Notably, a strong resistance level is present above 60.92, which could potentially cap the current Bitcoin dominance. On the downside, support levels are visible at 57.5 and 55.5, with a more substantial support area at 50.5. From a broader perspective, the chart indicates that we are currently in a downtrend, which may ultimately lead to a retest of the 39.0 level in the long term (potentially spanning several years). While the outcome is uncertain, particularly given the representative nature of this chart, a potential decline from current levels could have significant implications for the market. Specifically, it may signal the onset of an "alt season," where alternative cryptocurrencies experience increased activity and growth. Further updates will be provided as necessary, potentially in the coming years.
CRYPTOCAP:BTC.D
by MCFractalStudies
Guacamole Giving Multiple Buy SignalsThere are very few coins rn now that are flashing buy signals at me, but GUAC is one of them. Also, it flashed the buy signal twice. The last time GUAC flashed my buy signal at me multiple times (4 to be exact), it rocketed up over 200%. Whether or not you would have DCA'ed in, you have been in the profit at the point at which my indicator then gave a sell signal. The next time it gave us a buy signal, it made over 100% gainz. My followers and I took profits right around 88%. And now recently we once again have two GREEN DOTS, telling us GUAC will soon make a move. This move may be days away or it may be weeks but be prepared to make some nice profit either way.
COINEX:GUACUSDTLong
by stewdamus
SEIUSDT - SHORT TERM Support in DANGERSEI is retesting a key support zone, and losing this support zone may lead to a hard drop. The opening prices of SEI has not yet been retested, and in most cases for newly released altcoins the price will return to "retest" the opening price. In some cases, it even falls under - but it is quite common for he price to return to these zones. I discuss a similar situation on NOTUSDT, which is showcasing a similar situation: IF the price cannot keep closing daily candles ABOVE the current support zone, it's likely that a hard plummet will follow, since the price has lost the 200d moving averages in the daily, which equals short term bearish. ____________________ COINBASE:SEIUSD BINANCE:SEIUSDT
Short
by CryptoCheck-
Two Charts to Watch to Time the Crypto Cycle Top Here I have the TOTAL2 chart overlaying the BTC market cap chart. - Black: BTC - White: TOTAL2 - Yellow vertical lines: BTC Halvings The main alpha here is identifying the moments where TOTAL2 > BTC. This means the rest of crypto is valued greater than that of BTC, people are going further down the risk curve to seek greater returns, and peak euphoria has set in. Crypto markets top after BTC has made its run and once the alts, memes, and more degenerate activities soar following the rise in BTC. At the bottom I have plotted the relative strength between BTC and TOTAL2 (Black line) which shows that once BTC begins to lose strength to TOTAL2 (a dip below the zero line) then the top is imminent. Currently we are well above the zero line and far from the negatives which indicates to me lots of time/ room left in this cycle for appreciation (if you're in the camp of the bulls). I have also included a YOY rate of change (white area plot) showing the sharp increases in the ROC at the tops. currently we look very flat yet positive which is very similar to that of late 2016 and early 2017. There is not much historical data so this could be invalidated easily, but the similarities from the past two 4 year cycles is significant enough to form an idea on when profits should be taken if you so desire. Here is a chart of BTC-TOTAL2. This chart shows the delta between the two with a clear megaphone thing going on. The alpha here is that once that ratio dumps significantly that indicates the rotation away from BTC and into the more speculative side of the crypto market. An increasing megaphone trend this chart is showing makes sense due to the natural rise in market cap the entirety of crypto experiences. It's kind of like an average true range of the delta between the two. The swings in the ratio will widen the more the market cap increases. I wouldn't use these as trading indicators but rather as a guideline for sentiment and when it might be wise to be super risk on or more risk off. My belief remains that we see a big pump next year with a sustained bull run up until Q4 of 2025 and Q1 of 2026 based on previous cycles in equities and crypto.
CRYPTOCAP:BTCLong
by bhx10
NOT - FREEFALL Possible for NOTUSDT NOT is short term bearish as we lose the higher-highs and form a bearish M-Pattern in the daily timeframe. In an earlier post, I made an important note on how to trade newly released altcoins - and share a key fact that is might come handy for NOTusdt: Additionally, we've fallen below the 50d Moving averages in the daily timeframe - also a bearish indicator for the immediate term. Don't miss this update on BTC, as BTC will determine the direction of most of the market: _______________________ BINANCE:NOTUSDT
Short
by CryptoCheck-
1
BTC flush plan: Scampendemic BTC long-term plan I call this a scampendemic pattern chart. Brought to you by BlackRock on a bigger scale. Summary: Short-term we have to test 62-63k then further move up until we break that 70k The best scenario is that they cause euphoria on reaching a new ATH. So I assume around 78-79k peak, then the big flush correction starts. Also, from 31/10 to mid-November, we reach the blow-off phase in timing analysis. In this phase, we will see alts doing big pumps and BTC in the range of 70k zone with new ATH around 78-79k. Then, the crash starts on the 29K—36k zone, and then the super cycle starts. Simple plan, yet no one will see this is coming.
INDEX:BTCUSD
by Nxgencrypto
1
TRUUSDT Breakout - Strong Momentum Ahead!!BINANCE:TRUUSDT has successfully broken out of resistance after multiple retests of support, signaling a strong bullish trend. Currently trading above the EMA 100, this breakout is backed by impressive volume, indicating solid buying interest. With the technical indicators aligned, we anticipate significant upward movement in the near future. As always, remember to manage your risk effectively by placing stop-loss orders to protect your position. BINANCE:TRUUSDT Currently trading at $0.086 Buy level: Above $0.086 Stop loss: Below $0.079 TP1: $0.92 TP2: $0.097 TP3: $0.1 TP4: $0.12 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
WAT strong Altcoin broke out of very strong patternMEXC:WATUSDT.P MEXC:WATUSDT GATEIO:WATUSDT MEXC:WATUSDT.P WAT, still on the thin side - but shows alot of strength. It just broke out on the 0.0005 level, giving it potential upside over the next few days. After DEEP, WAT is one of the strongest Alts in the market right now, besides APE, too. WAT, DEEP and APE should be watch for continuation patterns on volume. That is for long term entries or momentum Traders. IF Bitcoin breaks out, we could see more spurts in these. Let us see where WAT is headed.
Long
by simagain
And from here WE PUMP!Total3, which tracks the market cap of all altcoins excluding BTC and ETH, is flashing strong signals that it's gearing up for another leg up within the next 1-3 days. Currently, the altcoin market cap is sitting at $625 billion, but projections indicate we could see it rise to $680 billion, adding an estimated $50-70 billion of fresh capital into the altcoin space. This influx of capital could be a catalyst for significant price action across the board. Historically, when Total3 breaks to the upside, we see explosive moves in many altcoins. Smaller market cap coins could potentially surge 2-5x as liquidity flows into them, with traders seeking high-risk, high-reward opportunities. Meanwhile, larger altcoins and top-tier projects are likely to continue their upward trajectory, hitting key targets and executing their projected moves with ease. For traders and investors, this upcoming wave could present a unique opportunity to ride the next big altcoin cycle. The altcoin market is poised for a boost, and understanding how to navigate this surge could be key to maximizing gains. Keep a close eye on price movements and be ready to act quickly as the market could move rapidly once the breakout occurs. This is a moment that could define the next phase of the bull cycle, with the potential for life-changing returns if timed correctly. Be sure to manage your risk, follow your strategy, and stay updated as we approach this crucial moment in the altcoin market!
CRYPTOCAP:TOTAL3Long
by Achilly
Altseason Alert: Watch This Bitcoin Dominance Pattern Closely!Hey everyone! If you’re enjoying this analysis, don’t forget to hit the 👍 and follow for more updates! We’ve all been waiting eagerly for one thing—the Altseason! I know it can be frustrating hearing "Altseason soon" while altcoins seem to be moving sideways. But remember, the longer we wait, the bigger the rewards could be when it finally arrives. Now, let's dive into the Bitcoin Dominance chart, because Altseason largely depends on it. As you can see, dominance is forming a rising wedge pattern on the daily time frame and is currently showing rejection from the upper trendline. If we get a strong rejection here followed by a breakdown, it could be the spark that kicks off an incredible Altseason. The key here is patience. Stay strong, hold your altcoin bags, and get ready for the big move! Let's discuss it! What are your thoughts on Bitcoin Dominance and the potential for an altcoin season? Share your analysis in the comments below.
CRYPTOCAP:BTC.DShort
by CoreCrypto1
7
SOLANA COIN SWING LONG IDEA - ALTCOIN MARKET - SOLSolana is one of my favorite coins for the 2024-2025 altcoin bull run. It has strong fundamentals, as well as a supportive community. The price is coming from the discounted monthly demand zone. The weekly structure is also bullish, and the daily structure is accelerating upward momentum. I believe we will easily reach the purple targets and eventually return to all-time highs. I’ve bought a spot bag here. It may retrace slightly before taking off, so invest and trade accordingly. Nothing i share is financial advice. Education purposes only.
Long
by UA_CAPITAL
The new ALTSEASON is starting. Will you miss the train?We see many indicators both technical and fundamental this week that point out the alt coin market may be on the verge of a price explosion, what we most commonly refer to as 'Altseason'. So far on this Cycle we've had the 1st from June 2023 to March 2024. The 2nd however that completes the Bull Cycle, tends to be more aggressive. On this chart we view the Crypto Total Market Cap excluding the Top 10 on the 2W time-frame. As you can see, the price found support on the MA50 (blue trend-line) for 4 consecutive candles and now with higher closings, looks ready to make the decisive break-out. Relative to the previous two Cycles, it appears that we are on the exact part on the 0.382 Fibonacci retracement level, where both final Parabolic Rallies (altseason) started. The RSI and MACD in particular showcase significant resemblance with December 2016. A MACD Bullish Cross, is the only indicator left to confirm the rally. Since both of those historic rallies reached at least the -1.5 Fibonacci extension, there is no reason yet to expect otherwise. As a result, a 3T target towards the end of 2025 appears to be feasible. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTOCAP:OTHERSLong
by TradingShot
2
EIGEN COIN LONG OPPORTUNITY - ALTCOIN MARKET EIGEN is one of my favorite coins due to its strong fundamentals. Fundamental Analysis: EIGEN has over $11 billion locked on its platform, making it the 3rd highest in total locked value in the entire crypto market. Additionally, it’s the first and best restaking platform on Ethereum. Technical Analysis: EIGEN bounced off the daily demand zone, and the 4H structure has confirmed that the price is seeking upside liquidity/expansion. I expect it to reach these two targets and potentially much higher, possibly even new all-time highs during the next altseason. I believe we’ve hit the bottom for this coin, and I’ve opened a position.
Long
by UA_CAPITAL