ETHBTC: bullish red 2 above resistance. Is it time to load bags?Ethereum used to be #2 but today according to @cryptoratingbot it is #3 coming after Bitcoin Cash
In % it looks like this : BTC(81.92%) BCH(11.44%) ETH(6.64%)
Tip: If you want to find out what is the formula for @cryptoratingbot, subscribe to my telegram channel and search "formula"
Sequential
TOTAL2: 6T$ planBrief crypto market capitalization history:
(1) 2014) ATH $16 billion; $BTC.D 99.38%
(2) 2015) Dip $3 billion; $BTC.D 1/2
(3) 2018) ATH : $800 billion; $BTC.D 1/3
(4) 2019) Dip : $100 billion; $BTC.D 1/2
(5) x50 from 2014 to 2018
(6) (4) x 50 = $5T
If $BTC $250k then $BTC cap $4.5T but then $TOTAL2 $500B(which is ATH) bcoz (6)
SO
Let's take previous growth and transformed it using log for the upcoming alt season to see where is the next probable ATH. It's somewhere around $1.5T
(7) $4.5T + $1.5T = $6T (next crypto market cap ATH)
$BTC Testing the channel upper line #SequentialHi Folks,
BTC has now reached the upper line of the bear Channel .
On the Daily chart the outlook is still bullish :
- Sequential countdown is on candle 7/13
- Price is now above TDST Resistance
On the 4H chart the outlook is now bearish with some warning signals:
- Exhaustion point A13 and S13
- Rising Wedge Pattern
The 4H Sell Setup is only on bar 5/9 so we could continue higher.
I am more confident when Exhaustion point S13 appears at the end of the Setup count to confirm a reversal.
I am neutral at this stage as we have opposite signals over these 2 timeframe
Keep an eye on the 4H chart and observe price reaction After S13.
MATHR3E
Sequential indicators:
TD Sequential
DeMARK Combo Extension
$XRP Keep this in mind #SequentialHi Folks,
Although Sequential exhaustion points help to identify good entry points, Keep in mind we can still go lower.
A possible scenario is a touch of the upper line of this bearish channel followed by a fast crash.
There is no sequential countdown in place at the moment, But Aggressive and Combo Countdowns are both triggered and both equal to 9/13.
Aggressive and Combo thirteen appear after sharp moves.
So be prepared for a possible flushing wick. There is still room to go lower in the channel!
MATHR3E
Sequential indicators:
TD Sequential
DeMARK Combo Extension
$BTC Old Support Reintegrated? #SequentialHi Folks,
It seems BTC is reintegrating the previous support line
If we are able to close above USD 10.500 today, it could be a good sign for the continuation of the bullish move.
We are now in a very tight range with 2 strong resistances ahead:
- TDST Resistance Line
- The upper line of the bear channel
If the reintegrated support line really holds, we could have an early breakout of the channel.
The Sequential countdown is still bullish (5/13) and suggests a continuation of the bullish move.
MATHR3E
Sequential indicators:
TD Sequential
DeMARK Combo Extension
$XRP Nice entry point to test #SequentialHi Folks,
$XRP has formed a bear channel since mid-June.
This one is about to breakout!
We are price-flipping today just after 2 consecutive exhaustion points (S13)
If tomorrow's candle close above today's High candle, We will have a very strong BUY signal
Note my sequential indicator has been configured with TD Price Flip parameter=5 (decrease truthfulness)
MATHR3E
Sequential indicators:
TD Sequential
DeMARK Combo Extension
$BTC Backtesting old support #SequentialHi Folks,
Yesterday's call following the 4H S13 exhaustion point proved to be relevant.
The sequential countdown is now on bar 4/13 and suggest a continuation of the bullish move.
However, we are now at the confluence of 2 strong resistances:
1. Back-testing the old support line which is just being rejected.
2. Nearing TDST Resistance Line @10.700 USD
If we are able to close above 10.500 USD, I'll be more confident to add on a long position.
MATHR3E
Sequential indicators:
TD Sequential
DeMARK Combo Extension
$BTC sitting on 2 supports #SequentialHi Folks,
BTC is still evolving in a bear channel.
On last analysis, we were starting a new bullish trend (Countdown 1/13).
This bullish countdown has not yet been invalidated (2/13), however we are now in a more bearish posture: On August 28th, we triggered a sell signal with a red 2 closing below red 1 low.
BTC is now sitting on 2 supports:
- TDST Support Lines @9500 USD
- Bear channel middle line @9400 USD
If today or tomorrow price close below red candle 3 low (August 29th low), we could trigger a second sell signal and add to the first position.
Even if we are now advanced in the setup count (5/9), the breakdown of these 2 supports could smatch down the price to the lower line of the bear channel.
Otherwise, if the 2 supports holds, we could quickly price flipped and continue the bullish sequential countdown and form a bar 3/13.
I still favor the bull flag, but for now I prefer to remain neutral.
MATHR3E
Sequential indicators:
TD Sequential
DeMARK Combo Extension
BTCUSD: Aug 2019 The dominance of bitcoin comes to an endThe last days I have been thinking about dominance and it seems to me more and more that the eternal dominance of the first asset in its form is impossible forever, if only because of entropy. The very first website and the very first e-mail server, as example, are not dominating today obviously. Bitcoin reached it's peak and now it's time to buy ALTs. And still propaganda from every tea pot blocks consciousness.
$BTC It's a bull flag not a bear channel! #SequentialHi Folks, I truly believe this consolidation will end as a bull flag and not a bear channel!
Today's candle is very bullish and we have 3 major signals:
- Green 2 closing above green 1 high (yesterday's high)
- TDST Resistance is already being pierced we are only on bar 2/9 of the setup
- Birth of a new daily uptrend with a new sequential countdown 1/13
At least we should reach the upper line of the channel and find some resistance there.
Then a breakout should occur.
We will look at my Sequential indicator for confirmation once this level is reached
MATHR3E
Sequential Indicators:
TD Sequential
DeMARK Combo Extension