ALTS MARKET CAP ANALYSIS Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart total market cap makes this descending channel pattern and Breakout the upper residence but for confirmation, we need to close the daily candle upside to the upper resistance of the channel.
so let's wait and see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
Altseason2020
WELCOME TO ALT SEASONcome in grab some hors d'oeuvres
we will be popping champagne for the next 100 weeks or so
there are no assigned seats, you can even make money on some of the crappy altcoins
good luck in choosing
may the odds be ever in your favor
PS - I do expect alts to remain above, or supported by, the 18 moving average of lows
NFA!
💎 ALTS: Time to Put Money Into Top 100 Alt Coins🤑🤑🤑🤑🤑Hello Dear Traders,
In chart u can see tht money is flowing again in alt coins, After Accumulation at 800billion finally we can see rise in alts market cap.
Invest in only Top 100 Altcoins and sell once u see alts market cap reaching
Target 1: 1.02 Trillion
Target 2: 1.150 Trillion
This is Time To Enter in ALTS COINS..& Book Quick Profits.Hello Dear Traders,
after major collapse in alts , alts marketcap is becoming green again. its time to buy cheap alts for short term profits. why short term profits only???? bcoz last weekly candle on total2 was extremely bearish also bitcoin dominance is increasing rapidly. upcoming days of alts will be not like recent altseason. market dynamics are changed completely.
Dont Hold for longterm... i m expecting alts macap will again test 1.3 trillions dollars mark again. when see total 2 is testing 1.3T immediately make plan for profit booking.
"ONLY INVEST IN TOP 50 COIN"
ALTS Preparing For Correction, After tht 1Trillion Dollar MCAP.Hello Dear Traders,
In last Post i disscussd about btc trading in falling channel.
Now we will discuss what's cooking in ALTS MARKETCAP, In chart u can see when alts mcap tested 880B Mark immediately we seen sell off in alts.
on daily timeframe big red candle formed and after tht quickly alts regained bullish momentum.
BTC dominance Tested 55%, Dominance below 60% is great for alts. bt as we seen frm so many days dominance was continuously drooping finally when it tested 55% mark we seen solid support. i m expecting BTC dominance will rise from here and test again 60% mark.
Alts mcap is also looking very much exhausted, we need healthy correction, next strong demand will come at 650B mcap.
after tht alts will again pump hard and will cross iconic 1 Trillion dollar marketcap.
Dont go heavy in alts, wait for correction.
Get ready for Next Alt Season , Total2 Analysis 🔥🔥#TOTAL2 : Altcoins Total Market Cap
Well, we were going to talk about the Altcoin Total Market, analyzing the indices is hard and responsible work because candles are a function of volume and not every pattern and indicator can be used, and most of the work is based on behavior.
In Total2 we have an uptrend that is still maintained from the previous analysis 2 months ago and a possible Ascending Triangle pattern whose trend bottom is marked in orange and a heavy resistance at 700 billion.
We have two scenarios ahead :
1- Breakout resistance in the current wave
2. Correction to the bottom of the trend at 575B and breakout of the 700B resistance in the third retest and the next wave
According to the chart, I see the Alt Season probability if we keep the trends and in this wave or the next wave break the heavy resistance of 700 billion ascending triangles and move towards 750, 806, 941 and reach 1450B at the end of the wave
Because we are at the end of the compression, we should expect a sharp move in the next few days, which I expect to break the resistance upwards
EOSUSD Is going to be one of the biggest hitters this year! 1HRBeen following EOS for some time since it came out.
I have a projection of 25+ by July easily.
Short term $5 is inbound in for sure!
Anything dealing with Ethereum has my attention.
Ethereum will be over 30k by 2022-23.. :)
Lets get it baby! Super excited
WARNING LTC Is About To Go PARABOLICMartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
DO NOT BE LEFT BEHIND Crypto Bull Market Is here right now
Crypto Is Very Bullish right now should move a lot higher
This market has potential parabolic structure
ALTs can Explode A lot HIGHER and LTC should go parabolic
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
WARNING XRP Is About To Go PARABOLIC MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
DO NOT BE LEFT BEHIND Bitcoin Bull Market Is here right now
Crypto Is Very Bullish right now should move a lot higher
This market has potential parabolic structure
ALTs can Explode A lot HIGHER and XRP should go parabolic
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
SNM trading opportunity I won't go long into this coin, because I don't know if it is even alive anymore. still this is a very nice short term trading opportunity . first to 0.00000035 and then to 0.00000050 btc/coin
Altseason is starting for real, fasten your seatbelts!Last Altseason in January 2017 (vertical green line) started 231 days (33weeks) after the previous halvening (vertical blue line). If we report that period to the actual cycle, Altseason is about to start... Now.
We also saw recently a big rejection in BTC.D, forming a double top at 73%, with a bearish divergence with the RSI and a big engulfing candle in the daily. Nevertheless, there was a similar pattern end of novembre, but after a 10% decline, the trending continued from 61% up to 73%, with BTCUSD pumping up strongly at the same time.
Yet, this time seems different, first of all because of this rejection on the BTC Dominance chart at a very strong resistance (73% BTC.D), and also because we see in parallel the Altcoins starting to rally in BTC value while BTC continues pumping up...
Everything could still be ruined if BTC pull back down hardly. But if we check the BTCUSD chart, we can see that the very beginning of the last Altseason coincided with a 33% drop in BTCUSD value (end of February 2017). It is like the drop in BTCUSD triggered the last Altseason, like if traders and investors reallocated their BTC gains in altcoins...
And that's exactly what we are seeing for the last few days... After the rally of the majors, we are now seeing a rally of the medium caps. Small caps altcoins are likely to start pumping now, and trigger therefore a new Altseason. Everything depends if we can go through the ATH in total marketcap (excludind BTC), we are very close to this resistance now.
Fasten your seatbelt, I expect a 50X increase in MarketCap (excl. BTC) until end of 2021, if we follow a classic 4 years cycle pegged to the BTC halvening. In case of a lengthened cycle, I'd expect even more upside, maybe up to 200-300X from here, until end of 2022 then. Follow the blue dotted diagonal for the target.
For the moment, my bet goes for a 4 year cycle and a 50x move up from here, it seems more reasonable. But who said the crypto market was reasonable?
ALT Season is Coming ?? Total2 Chart AnalysisHello Everybody !! Today is the day we are going to talk about ALT Season .
While everyone was talking about the Dominance Chart to start the alt season, I said (in the @Bitexgroup) that the #Total2 chart was an important point. The Break of this resistance will cause the Altcoins to pump. Exactly four days before the 30-50% pumps of the cryptocurrencies, We warn that the $ 240 billion level has the potential to Break.
Now let's take a closer look at its weekly chart.
We are at a very important point right now, Breakout of the Rising Wedge and Weekly Resistance level at $ 240-260 billion, which is the Weekly Major Resistance, could cause an alt-season pump.
In other words, We have an important TRIGGER on this level to start the Altcoins season.
So ALT Season is Coming ..