TOTAL2 (Crypto Alt) will go +800% in 12 MonthsFrom Dec 2016, TOTAL2 increased +94,000% for 12 months.
From Nov 2020, TOTAL2 increased +1,180% for 12 months.
From June 2024, TOTAL2 will increase ____% for 12 months?
BTC expected to go +200% within 2024.
BTC.D expected to drop within 2024.
= Alt market expected to go more than +200% within 2024 (I am expecting about +300% in 2024)
In 12 months total, I am expecting TOTAL2 to go +800% within 12 months.
Let's see whether history will repeat itself
Altseason
ALT season incomingBTC Dominance has been rising since the end of 2022.
That's about 1.5 year.
We can find a similar pattern from Jan 2018 - Sep 2019 (little over 1.5 year), BTC dominance had dropped from Sep 2019 - May 2021 (about 1.5 year)
I drew the expected BTC dominance for next 1 year (white line)
Let's see the result after a year.
If Ethereum Can't Break These Levels, Then....Traders,
I have a pretty good record for calling these inverse head and shoulders patterns before they are fully formed. I am not saying for sure Ethereum will form this inverse head and shoulders pattern but if it doesn't, then it will need to break above those resistance levels I have drawn and confirm. If it can't do this on the daily, then I have a hunch this inverse h&s will complete itself.
Ethereum leads the altcoin market rn. So, depending on where your bet lies, you may want to offset some risks and take profit here as we begin to consolidate/accumulate for another bull run.
Stew
$BTC Dominance on the Verge of BreakoutCRYPTOCAP:BTC Dominance on the Verge of Breakout
Watch Closely: CRYPTOCAP:BTC Dominance is trying to break out. If this happens, trust me, get ready for a massive altcoin season!
Key Support Level: The altcoin market is finally poised for a massive bullish wave only if it breaks down this critical support level at 54%.
Your Next Move: Share this post and write your favorite coin in the comments for a detailed analysis!
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How To Trade NEW ALTS - SECRET PATTERN 📈New Alts - a Pattern
Newly released alts all seem to follow the same pattern, at least for the first few weeks. From the frontpage chart, you'll notice a very interesting "fractal" if we can call it that.
It goes something like this:
🚀 Opening Candle 💥 Top Out 👇 Hard Drop ❕ Re-enters opening price or goes under 🔁 Bottoms out (HERE IS WHERE YOU BUY) 🚀 Higher Highs follow.
With this said, it seems evident that you should WAIT to buy a coin that has just been released on the exchange. Although you could try to jump in to the moving train, the risk is simply too high if you do not already have a position.
Worried that you missed the PUMP? Don't worry! Here's a list of strong coins that can return high profits, IF you're willing to wait for the right entry:
1) JTO : BINANCE:JTOUSDT
2) RVF : MEXC:RVFUSDT
3) AIUSDT: BINANCE:AIUSDT
4) MAV : BINANCE:MAVUSDT
5) NOT : BINANCE:NOTUSDT
ALTS that have already retraced, bottomed out and establishing higher lows. These alts you could easily preset TP targets from 15% onwards, depending on your risk appetite:
6) RVN : OKX:RVNUSDT.P
7) RSR : BINANCE:RSRUSDT
8) RAY : BINANCE:RAYUSDT
9) LPT : BINANCE:LPTUSDT
10) KSM : BINANCE:KSMUSDT
ALWAYS remember to take caution in the volatile world of crypto with a SL and reasonable targets. Remember that trading newly released alts and memecoins greatly increase the risk on top of the existing risk of crypto.
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LONG RED OR GET REKT!Evening fellas,
I hope you took adv. of this previous drop.
Hopefully you noticed the fact BTC dropped more in % than most alts.
Means that most alts bottomed with their /btc pairs and are ready for gains.
If BTC starts to range here ($56k - 61k) for a few days, a small 10%, dominance could drop, allowing alts to run nicely.
Trade thirsty!
RED days are over! Evening fellas,
To finish up these final posts about RED days, I would like to bring up this idea.
Wave 5 should be as big as both drops by the past waves.
It's all on the chart, take a look at it and enjoy a minimum 100% on all coins. MINIMUM!!!
BY THE WAY! I will make this a LONG post, because it means LONG alts, and not USDT obviously. I think its easy to notice that.
Trade thirsty, my friends.
Ethereum to Lead The Alt Season!Hi guys,
Related to my recent analysis on ETH/BTC, we could very likely see ETH/USD(T) making some big moves, which is already starting to do. This would be very bullish for alt coins as Ethereum leads the alt market.
Check out my analysis in the video to see how I break things down using ICT's Concepts in a very simple and easy way to determine bias and narrative. This works in Forex, Commodities, and of course, Crypto.
Happy trading!
- R2F
ADA : Extreme WEAKNESS, be CAUTIOUS👎BINANCE:ADAUSDT
Cardano, like XRP and a few others, have been left behind during the recent BTC surge. We're about to see another leg up on BTC and likely a new ATH but ADA is barely able to break out of accumulation zone successfully.
A few other altcoins that call for concern include the following:
Other altcoins are sowing more promise. Volatility is infact, what attracts many users to crypto. There are a few coins that we are holding for longer term "investments" but projects that have been around for many years and fail to reclaim highs just speak to weakness. If we wanted a steady 7%, why not just get a savings account.
You could be trading 5 other profitable altcoins instead of holding onto a dead, slow mover (unless ofcourse you have other reasons, such as a fundamental belief).
Altcoins that are STRONG and moving with the trend as opposed to ADA, include the following:
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DOG ALTSEASON Incoming🙀 Doge, Shib, Babydoge, Dog - BIG PUMPSWHEN to BUY 4 DOG COINS in 5 minutes 🐱
The cryptomarket is currently waiting on direction from BTC. From my previous analysis, we've concluded that BTC is currently trading in Elliot Wave 3-4 - meaning we're still waiting for the final impulse wave up 4-5. And when this happens, you better be ready with your positions.
More on why the ATH for BTC is not in yet :
Other altcoins I'm watching for x10 increases this year:
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GATEIO:DOGUSDT MEXC:BABYDOGEUSDT BINANCE:SHIBUSDT BINANCE:DOGEUSDT
USDT.D% will ⚔️Attack⚔️ to Support zone again💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status.
💡If USDT.D% falls, we can expect the cryptocurrency market to start rising ( not all tokens, of course ).
📈From the point of view of Classical Technical Analysis , USDT.D% looks like. It has succeeded in breaking the lower line of the Rising Wedge Pattern .
🌊According to the theory of Elliott waves , USDT.D% has successfully completed the Zigzag(ABC) correction , and we have to wait for the next 5 falling waves .
🔔I expect USDT.D% to at least fall to the 🟢 Support zone(4.72%-4.53%) 🟢.
Market Cap USDT Dominance% Analyze (USDT.D%), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📈Quick BBSUDT 2H Long Setup📉BINANCE:BBUSDT
BINANCE:BBUSD
📈Quick BBUDT 2H Long Setup📈
⚡️long position with mid-risk status.⚡️
TP 1-2-3-4 and SL are on the chart.
The Alternate scenario: If the price stabilize below the Bollinger midline, the setup will be cancelled
⚠️Don't forget to de-risk your positions.⚠️
Bitcoin: Long-term analysis & major levels to watch - PART 2So where to now for BTC? In my previous post I explained that BTC had hit a major Primeval Fib (2207 level fib), which had thrown it sideways for a couple of months. While it is entirely possible that BTC could fall back again (e.g. to US$58k support zone) or even further, I think this is relatively unlikely. The chart is bullish in my opinion and I think the white fib in this chart is a reasonable target at ~$82k.
I would expect some sideways action to follow that, with possibly a drop to the 2207 Primeval Fib at ~US$70.5k. But even if this is the result, that doesn't exclude the possibility of a proper push up to US$84k, which is marked by another old Fib (see previous post).
I hate looking far into the future as charts ALWAYS develop different to what we expect, but my "cross-fingers & closed-eyes Ultimate Best Case" scenario for 2024 is to see price action hit the next Primeval Fib (the 3571 level fib) at US$114k. If that happens consider stepping out for a while!
I think a short to medium term bullish scenario (3 month timeframe) is supported by the BTC.D chart - which charts BTC market dominance (first chart below). This chart shows BTC dominance levelling off, which makes me think ALT coins are going to outperform. As we know, this typically happens towards the end of a BTC push to the upside. The second chart below shows the same pattern to the end of 2021, followed by a big drop in dominance over 2022, when ALT coins pumped.
And that brings me to my second point for this post. Do NOT discount the real possibility that quality ALT coins will increase in dominance (and count in ICP!) over the next three months and hopefully the remainder of 2024! Happy trading!
#APE/USDT Trading at the Bottom. 2500% to reach the ATH!Welcome to this quick trade setup, everyone.
First of all, I request you to follow me if you want to leverage the upcoming altcoin season of 2024. I will be dropping the best 30 trade setups for this bull run. In 2021, I posted 28 altcoins, 18 of which achieved 10x to 30x returns, 5 did 5x to 8x, while a few didn't have a significant run. You can check my previous charts for the results.
I will be doing that again, so stay with me.
Let's get straight to this chart. APE is trading right around the bottom as we speak. The all-time low for APE is $1, and it is currently 24% up from there.
Is it a good investment? APE hasn't had a significant run yet. To achieve the previous ATH, it needs to pump almost 2500%+. Is it a good bet? Considering the technical analysis, yes.
I am adding a small bag here and will DCA all the way to $0.80. The target is $15 to $27.
But always DYOR, this is not financial advice.
If you want more trade setups, please hit the like button to support my content.
Thank you.
#PEACE
ALTCOINS that could x10 🚀 MANEKI, DGI, GAMEGPTThe trick with altcoins is trying to buy as low as possible and sell high without being greedy. You can either do this by getting in early, or wait for the price to return to accumulation levels. The only problem with this - is that the market is still bullish . In other words, you may have to wait months for your ideal buying price. Why not check out these altcoins which are currently trading low and now overhyped -yet !
JTO I'll be happy to buy in lower, but the hype is too high right now making it a high risk to jump in:
1) DGI
I don't believe the price has bottomed out yet after the initial dump. I'll be looking to buy lower, here:
2) PALM AI
A break underneath the trendline will be bearish, potentially taking price back to lower support. If the trendline breaks I'll buy under as as low as the lower support:
3) GameGPT Duel
I'm happy to buy here, price seems to have bottomed. Although I may have a few lower orders:
4) MANEKI
Seems to have bottomed, I'm happy to buy here:
5) AVAX
This one probably won't 10x. But it's an altcoin I'm highly bullish on:
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BINANCE:AVAXUSDT POLONIEX:MANEKIUSDT MEXC:DUELUSDT MEXC:PALMAIUSDT BINANCE:JTOUSDT MEXC:DGIUSDT
Be greedy when others are fearful - © Warren BuffettAs the cryptocurrency market gears up for a potential alt season, savvy investors are positioning themselves to capitalize on the gains of altcoins. This article will explore six promising altcoins and the significance of sector diversification in maximizing returns.
Be Greedy When Others Are Fearful, Fearful When Others Are Greedy:
This timeless adage by Warren Buffett highlights the importance of contrarian investing. During alt seasons, when the market is euphoric and prices are rising, it's crucial to maintain a level head and avoid overextending. Conversely, when the market is in a downtrend and fear is prevalent, it's an opportunity to accumulate undervalued assets.
Top 6 Altcoins for Alt Season:
Dogecoin (DOGE): Forming a bullish ascending triangle pattern, DOGE is poised for a breakout. The triangle's squeeze indicates a potential surge in price. Respecting the ascending trend and avoiding new lows suggests an upward breakout.
Sector: Meme Coin
Chainlink (LINK): With an accumulation period spanning 518 days, LINK is primed for a significant pump. The longer the consolidation, the stronger the potential breakout, adhering to the golden rule of accumulation. The ideal shakeout beneath the accumulation range followed by price appreciation reinforces the bullish outlook.
Sector: Oracle
Optimism (OP): Trading within an ascending channel and consistently respecting the lows, OP exhibits strong bullish momentum. The pattern and price action suggest a continuation of the uptrend.
Sector: Layer 2 Scaling Solution
Immutable X (IMX): Breaking above local highs and retesting the upper resistance trendline, IMX confirms a trend reversal to the bullish side. This price action signifies a shift in market sentiment.
Sector: NFT Marketplace
Avalanche (AVAX): Coiling within a descending wedge (bullish pattern), AVAX experienced a shakeout below a crucial support level ($9) before resuming its upward trajectory. Respecting old support levels is essential.
Sector: Layer 1 Blockchain
VeChain (VET): Epitomizing a textbook bullish run, VET adheres strictly to the ascending trend. Each cycle consists of price appreciation, accumulation, and further growth.
Sector: Supply Chain Management
Sector Diversification:
Diversifying across sectors is crucial, as different sectors tend to perform differently based on market trends and events. For instance, during periods of DeFi dominance, DeFi-focused altcoins may outperform. Conversely, when NFT mania takes hold, NFT marketplace tokens could surge.
ABSOLUTELY INSANE: BTC doing EXACT 2017 FIB LEVELS
Look at this beauty!
Its the F SAME PATTERN as in 2017.
Even the previous correction has followed the EXACT fib levels.
Given that: Whats gonna be next?
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Hold my beer pls
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No financial advice, do your own research, don't be stupid
Bitcoin Dominance at a Key Level: Altseason Incoming?What is Bitcoin Dominance?
Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that Bitcoin represents. It's a metric that shows how big Bitcoin is compared to all other cryptocurrencies combined.
How Does Bitcoin Dominance Affect Altcoins?
Generally, there's an inverse relationship. When Bitcoin dominance rises, altcoin prices often stagnate or decline. This might be because investors are moving funds into Bitcoin, perceived as a safer haven during market uncertainty.
Conversely, when Bitcoin dominance falls, altcoins often experience price increases. This could be due to investors seeking higher returns in the altcoin market or a perception that the broader crypto market is maturing beyond Bitcoin.
The weekly chart shows Bitcoin dominance reaching a critical resistance level. Historically, in 2016 and 2020, dominance reversals at this trendline preceded significant Altseasons (periods of strong performance for alternative cryptocurrencies).
While past performance doesn't guarantee future results, there's a possibility that a similar scenario could unfold this time around.
Here's what to consider:
Confirmation of Rejection: A clear rejection with a bearish candle formation at the resistance level would strengthen the possibility of an Altseason.
What do you think about this? Share your views in the comment section.
Thank You!
Is a Technical Breakout Unfolding? 💥🚀 Following Bitcoin and Ethereum's market moves, which I've discussed in previous updates, it's time to turn our attention to Altcoins. Historically, Altcoins tend to flourish once Bitcoin has had its rally. This dynamic allows Bitcoin holders to potentially reap profits and diversify into Altcoins. The retail market's focus has notably shifted towards Altcoins, and the institutional interest seems to be following, albeit at a cautious pace, still primarily focused on acquiring Bitcoin and, to a lesser extent, Ethereum.
Looking at the chart from January 30, 2023, titled "Altcoin Season Beckons: A Technical Breakout Unfolds," we see a potential technical breakout that might propel the Altcoin market towards a whopping $725 billion, and possibly further to $938 billion. The chart illustrates significant price movements and strategic entries, marking promising investment junctures.
As of now, my favored picks within the Altcoin space lean heavily towards those involved with artificial intelligence technologies. While meme coins offer some speculative opportunities, my approach focuses on more fundamentally driven assets.
For those keen on exploring the Altcoin market, now might be an auspicious time to consider your options. The market shows potential for significant growth, offering an exciting opportunity for those looking to diversify their crypto portfolio.
Remember, always do your due diligence and consider your financial goals and risk tolerance when making investment decisions.
ps. someone sent me this yesterday:
When i saw it I felt like it could be a good day to look for new Long entries
One Love,
The FXPROFESSOR 💙
RNDR : BULLISH, Despite the Dip - Here's Why👇COINBASE:RENDERUSD
A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern.
Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the pattern.
From a technical chart analysis perspective; if you trade chart patterns you should be able to successfully take a long on the support zone. All considering, this will be a medium-risk trade:
Another confirmation from technical indicator, the green trendline is a potential wick zone (price on the right pane):
Falling perfectly in the center:
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