Altseason
ONDObeen looking at this for a while... a strong and must to be added on spot portfolio
structures across most of alts are invalidated... BTC and ETH are taking their key levels and we are in the final stage of capitulation
will reupdate all the charts (I'm holding) after the dust settles
Bull Run isn't over... wait for consolidation and we can have our alts rally in a few weeks
We are due a 2017 style ALT season.One for the memory banks!
Now
do we actually get what we are "owed" ?? :)
We don't know
and nothing is owed to us of couurse
But
Selling too soon could be quite disastrous... as many peopleI speak to say to me 5X - 10X I am out..
Which may be prudent
If you are out. Stay out and don't FOMO back in again near the tops
So it's best to scale out in my opinion
last cycle was a quite difficult Alt season ... some bag holders actually did not get to experience any euphoria
Hence why I am leaning to an exsplosive alt season
BTC at $70k doesn't feel euphoric
so what will it take?
WARNING! Big Dump For Altcoins Will Start Tomorrow!Hello, Skyrexinans!
Couple of weeks ago we also warned you on the weekend that on the next week can start the huge dump on the crypto market and on altcoins especially. Today we received the red alert again that we have to be ready for the drop which will start tomorrow.
Let's take a look at the daily chart. Here we can see that price has already completed 4 waves of 5 of the Elliott waves cycle. Wave 4 is the triangle shaped, that's why it has not even reached the 0.38 Fibonacci retracement. In our opinion it's finished and now it's time for the wave 5, which has the target approximately at 7%. When we will see divergence with AO and green dot on the Bullish/Bearish Reversal Bar Indicator it can be the historical moment when the price will show us the reversal.
Best regards,
Skyrexio Team
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USDT dominance. (USDC is similar). 03 2025Time frame 1 week. Crypto market dominance to % USDT. I showed this for the first time on 03 2022, nothing has changed since then, everything is the same and the logic is identical.
USDT dominance. USDT pumping indicator to the market 03 2022
USDT dominance. Indicator of USDT pumping to and from the market 05 2022
✔️Stablecoin dominance is falling — the market is growing.
✔️Stablecoin dominance is growing — the market is falling.
It cannot be otherwise (capital movement), until the time when ETFs with the US dollar are not massively introduced and popular, they will draw some of the liquidity to themselves. Which will slightly change the logic of this trend itself. Comparable, in terms of impact on the market, as before the introduction of trading pairs to alts/USDT instead of BTC/alts (everyone was like that). Until then, USDT was needed.
You need to understand that the main " transitional dollar for the people ", that is, USDT , - reflects the trend of all stablecoins. In particular, the main "competitor" - USDC, all the others (a temporary phenomenon) do not matter. Until USDT exists and can be used to track the direction of the money flow, that is, the direction of the cryptocurrency market.
In 2022 09, I also showed this game of liquidity flow into ideas with the combined dominance of USDC + USDT + BTC chart. But this is already a complication, everything is already visible and clear on the dominance of USDT.
Domination of USDT + USDC and lows/maxims of BTC. Correlation 2022 09
Remember, any stablecoin is an alt. The experience with UST (Moon Falling into an Urn) has taught many not to equate stablecoins to a real dollar.
The price stability of any stablecoin depends only on people's faith in its stability. This faith is projected by marketing activity, and first of all by the real capital that stands behind the creators. Everything conceived and implemented has a beginning and an end.
Bitcoin dominance to alts.
I will duplicate my latest idea on Bitcoin dominance here once again. I used it before (it was rational), before 2020 (I used to make a lot of ideas about local zones as triggers for market reversals). Now it doesn't do much. But I see people are fixated on this, not understanding the essence, and why it was so effective before and childishly clear when the market would be reversed (there were no pairs to USDT, but only alts to BTC).
Before 2018 (100% efficiency), before 2020 (partial), the dominance of Bitcoin to other alts was such an indicator of the pump/dump of the market. As it was the main direction of money flow. Almost all alts were traded only to Bitcoin.
Доминация BTC к альткоинам. Доминация стейблкоинов и памп рынка. 07 2022
Have a plan and understand what you are doing, observing money and risk management. As a result, you will be calm and satisfied with your profit from the market, if you are an adequate person.
Alt dominance.
And this is the idea of training/work (understanding the reversal zones of the crypto market of secondary trends) in 2023 on alts. That is, the dominance of alts without stablecoins, bitcoin and ether, which take away most of the market capitalization as a whole. The dominance is growing, naturally money is pouring into alta and vice versa. There are also similar ideas (look for publications in 2023) for certain groups of assets. That is, the point is to catch the hype, by groups of candy wrappers or, on the contrary, the threshold of stopping the flow of money into another hype.
BTC dominance to altcoins. Dominance of stablecoins and market pump . 07 2022
Without pain, there is no way for someone to gain benefits in the speculative market. Who will experience pain and who will gain benefits depends only on the qualities of the person who decided to engage in trading. That is, the totality of his positive/negative qualities that project his actions in the market. Everything is extremely simple and honest.
Dollar Index.
There are a series of interrelated ideas (three, detailed explanation), about the dollar index, that is, the larger cyclicality of the markets in general, and the crypto market as a small projection. Also, all publications of 2022-2023.
DXY Dollar Index USA. Recession and Pump/Dump Market Indicator 09 2022
DXY (Dollar Index) and Pump/Dump BTC. Market Cycles . 09 2022
SOL formed Weekly H&S, Pump Potential Could Be HugeLast time, I shared an analysis predicting that CRYPTOCAP:SOL could drop to $131 to form the second right shoulder of a massive Head and Shoulders Bottom. (I’ve included the related publications for you to check.)
That drop has played out recently, and COINBASE:SOLUSD has hit the target.
The weekly Head and Shoulders Bottom on BINANCE:SOLUSDT looks perfect, with two dips on each shoulder and nearly identical drop sizes.
If this pattern holds, the upside potential is massive—breaking $1,000 could just be a matter of time (and that might even be a conservative target).
But, please always set a stop-loss for your trades—there are no guarantees in any scenario.
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Crypto Total Market Cap Headed towards 5TTotal Crypto marketcap has sit the support zone around 2.6T and successfully bounced back from the support after forming two wicks on the weekly candle. This is a good sign that there is still bullish momentum left in the overall crypto market.
Currently the market-cap is around 2.9T and steadily increasing. I'm expecting the further growth in the overall market cap and to reach 5T in the next couple of months.
Follows us for more updates.
Cheers
GreenCrypto
ETH Retests Weekly Triangle Support & Will Pump 50% If It HoldsBINANCE:ETHUSDT is retesting weekly triangle support for the 3rd time. Last 2 times, ETH bounced after retesting.
If it holds again, first target could be $3,500 - $3,600, 50% up.
But if MARKETSCOM:ETHEREUM only bounces up to the triangle support and fails to break through, a new downtrend could be coming.
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Altcoins HELL almost finished .History doesn’t repeat but it often rhymes. The cycle rhymes again with a way more massive volume, last one took +1300 days to start explode and this one going for a bit longer now , tbh I could never see this hellish situation, it’s a deep filt.h which was unseeable but we still survived, every run has its own cycle a d in this one I see a glimpse of life .
We gonna stay but not for ever , I’m out good or bad October-November this year unless I see something very special on my charts so for now hold tight and remember as long as you holding you shi.t coins you haven’t lost.
DXY (Bitcoin - Alt Season - Bullish) everyone suddenly started posting DXY chart so I figured I should give my 2 cents on it as well.
People are finding hopes in DXY but main charts are still BTC.D and USDT.D
Monthly Chart has the whole picture
Weekly Chart (above) is what interests us
Breaking that Green Macro Trendline will be the 1st step towards success!
remember how yesterday everyone and their mothers were bearish except me?
This drama will continue, ignore the noise...
Conspicuous - MANA / USDTEvening fellow traders,
Every now and then I ride waves on MANA.
This time it won't be different, as I am already in it.
But I'm looking for an extra touch, that outta the box type thing and buying an extra chunk between the prices shown in the chart.
Please take advantage of this if you get the chance, and let's make a big chunk of money together!
Trade thirsty, my friends!
TAO - Extremely Bullishone of the few coins which are about to go in sub-wave 3 of macro-wave 3
haven't bought this one yet but might rotate a few weak positions to this if the structure holds
no idea what's going to happen to AI tokens (haven't looked into things yet, no time on hand) - sharing this purely based on TA
ETHUSDT (Ethereum) Using Elliott Waves: Back to 1K? Plotting waves on Ethereum: The current correction may be a larger degree wave (2) or a wave (4) consolidation. Taking either would depend on the analyst's bias.
In both the cases, what matters is spotting the corrective patterns and participating in the larger impulses.
The June'22 bottom is a relevant one as many coins bottomed out then. But have we made a long term bottom on ETH or not? This upmove on Ethereum does not seem impulsive in the eyes of EW. With the trendline broken and monthly RSI going for a reset, the alt season may not be here anytime soon.
If this move is supported, we can see a sharp decline in the coming months taking the price back to 1K (or slightly below). The political interference on crypto can keep giving random shakeouts so it is important to keep a firm view on either side. Until the price remains below 3K, I would like to keep my bearish view.
ETHUSD (Ethereum)A follow up from this:
Looking at the upmove from the $880 bottom in June'22, it's tough to consider an impulsive count. Since ETH has lagged compared to Bitcoin, the so called Alt season may take much longer than expected. Bitcoin completing it's cycle doesn't necessarily mean the Alt season begins simultaneously.
It will be interesting to watch this in the next few months. If this turns out well, I would expect a very sharp fall in the coming weeks (a noticeable quality in Wave c). However, those levels would give amazing opportunities in Eth and the other few good Altcoins.
Potential Pattern for Altseason 20252020 Altcoin Season Bull Run:
Large Head & Shoulders Bottom ➡︎ Pullback ➡︎ Breakout of Downtrend Line → Massive Pump
Current Situation:
Large Head & Shoulders Bottom ➡︎ Pullback ➡︎ ❓
Do you still believe in the bull market?
Leave a comment!
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Bitcoin Final UpdateEverything on the charts...
Up to you now... Yes... I believe it's just Reaccumulation
Look at the previous posts for more explanation and all perspectives
I'm holding and I'm bullish...We will witness an alt season this year (those saying we won't will be proven wrong...)
BTC.D will fall and strong alts will rise (with massive returns)
Until Next Time...
HBAR - 50% - 250% Bounce IncomingMartyBoots here , I have been trading for 17 years and sharing my thoughts on ADA here.
HBAR is looking beautiful , very strong chart for more upside
Very similar to the last time when it bounced 250%
Do not miss out on HBAR as this is a great opportunity and is setting up in the near future
Watch video for more details
ADA - Giant Cup & Handle Pattern Just Like ETH MartyBoots here , I have been trading for 17 years and sharing my thoughts on BINANCE:ADAUSDT here.
.
BINANCE:ADAUSDT is looking beautiful , very interesting chart for more upside
and is now added to the USA Strategic Reserve
Do not miss out on BINANCE:ADAUSDT as this is a great opportunity
ADA Strategic Reserve
Watch video for more details