Total 2 Altcoin Marketcap Total 2 AltCoin ~ 1W
#Altcoin Season Super Cycle will start after this resistance block is successfully penetrated. you will see a super cycle increase in AltCoin.
Total2marketcap
TOTAL2 MARKETCAP ALTCOINTOTAL 2 ~ 1W
#Altcoin season it's still very early. Don't say you sold your AltCoins for only a small profit.
AltCoin's MarketCap is around $2T - $3.5T, Currently around $1.61T.
A Look Again At RSI The RSI is beginning to print very bullish horizontal movement that is the print of a bull market
The left hand side of this pattern is already printed, with the white vertical line being the middle of the pattern, now what is emerging is the right hand side of this larger structural pattern on the RSI, also indicative of a bull market.
Early 2025 is going to be very bullish.
Little white circle is where we are now corresponding to the last pattern if they evolve relatively the same.
#ALTSEASON is Coming! Don't Fall for the TRAP!I'll keep it brief—it’s all in the chart. TOTAL2 is simply retesting after breaking above the 50-weekly EMA, a historically strong signal for timing altseasons. The falling wedge pattern should break in the coming weeks with an impulsive move.
Current price action seems like a shakeout, pushing out weak hands right before the major rally everyone’s been waiting for.
This is not financial advice—DYOR—but IMHO, this is the worst time to give up. Being out of the market is riskier than holding, no matter how down your altcoin bags are.
Cheers!
Hit the like button If you like it, I'll be sharing more altcoin charts soon. Stay tuned!
#PEACE
Could Altcoins Rise This Weekend? Here's What We're Watching!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be much appreciated!
Total2 (Altcoin Market Cap) Update:
Total2, which tracks the total market capitalization of all cryptocurrencies excluding Bitcoin, appears to have broken out of a falling wedge pattern in the 4-hour timeframe. The price is also holding above the 50-day Moving Average (50MA), which can be a sign of support.
Expecting a good bounce in Alt M.cap up to $1.12T in the next few days. Keep a close eye on your favorite Alts this weekend.
What are your thoughts on Total2's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Thanks!
TOTAL2 bullish#TOTAL2 chart (top 125 #altcoins) bouncing on daily EMA200 support level... I expect no big corrections on Alts anymore, a few percent at most...
It's a good moment to start DCA, and prepare your portfolio before Q3...
ALTCOIN market UPDATEALTCOIN market UPDATE
yuh pretty obvious cycles going on here
could it be this easy?
bloody hope so LOL
TOTAL2 - Monthly Strong Bull Phase BeginsIn each circle the alligator indicator can be seen to be stretched out or "open"
When in a state like this bull action is most common
This is the Monthly timeframe so patience is required for big gains, regardless we will be seeing more green days than red.
BULLISH
TOTAL2 update; ends sooner than you thinkTOTAL2 update; ends sooner than you think
now some months have passed we can see reasonably clearly where we are at since the last analysis right at the start of the macro move up.
obviously black swan etc can ruin this or it just does it differently this time. prob not though tbh and if there is a black swan id bet its around those dates. the events tend to fit the chart for some odd reason not the other way around.
leaning towards the early version. im seeing mid april on a lot of other fractals. basically double tops or just slightly higher last highs then splat.
or it just keeps marching up and up and we all get raris and citadels.
im good with either.
lfg
gl
ALTCOINS recovery is around the cornerHi traders
Altcoins are dimping way more than Bitcoin therefore let's have a look at TOTAL2.
TOTAL2 is in a downtrend but when we zoom out , we can see that in fact , it's just a consolidation inside the channel and long process of building the market structure.
It looks like we can see another crash (20 -25 %) in the altcoins market overall. Some altcoins will dump 20 % from current levels and some altcoins will go down probably even more, but it doesn't look like a market cycle phase when you want to short crypto s coins forever .
Chart shows opposity. We are in an accumulation phase on altcoins and dips are for buying.
In my opinion the problem is with increasing number of altcoins that exist .
As we analyze the Total2 (all altcoins' market cap) , but there are continually new coins coming to the market, it will be impossible for some altcoins to recover fully (and history shows that only few altcoins recover fully and make new all time highs), therefore it's recommended to choose altcoins wisely.
Anyway, once the accumulation phase is finished, we will see a mark-up phase where we would target 0.618 fib level (1,20T).
When it's gonna happen? Probably not in 2023. Patience is a key.
Long story short:
* If you wanna short, do so. But keep in mind that downside is limited
* DCAing into altcoins once (and if) we get the next altcoins crash may be a profitable strategy if you play it with a long-term horizon.
* Choose your altcoins wisely
* Be patient. Buy low, hold and sell high (0.618 fib leve)
What do you think?
Share your opinion!
Good luck
CONSERVATIVE ALTCOIN MARKET CAP PREDICTION WITH DATESThis is my conservative Total2 (no BTC included) altcoin market cap prediction for a minimum all-time high.
Following the past trend, we can expect a high around ~$2.9 trillion . This is +156% from our current price and only a +75% increase from the all-time high prior to the last high in 2021. The expected date is an estimate taken from the number of days from the 2nd last ATH to the last ATH.
The data is only a single set and should not be taken as fact in the slightest. However, if we use it as an estimate, we will reach a new ATH on October 27, 2025 , which is 609 calendar days from today.
This is a strictly TA breakdown of the Total2 market cap. With full transparency, I think it is realistic that we will see a greater move than this. We may see this trend line only as resistance before breaking even further above $2.9T. I have no time estimate for this.
Everyone knows we now have Bitcoin institutionally adopted. ETFs have exceeded inflow expectations and could lead to greater ATH's than predicted, which could be an indicator for the same moves for altcoins.
Will the runs on TOTAL2 be comparable? Similar curved bear market recoveries allowing for a massive move up in the first situation
Will this second move up be like the first?
Im very bullish
TOTAL2 ScenariosLooks like there are 2 scenarios currently. The third one is breaking down, which woudl be a huge surprise. Low probability even tho the pattern usually breaks to the downside.
#ALTCOINS are about to surge higher than your expectation!#TOTAL2 : Altcoin market cap retraced to the local trendline support we plotted a few hours back. Continuation is highly likely from here.
Now isn't the time to be scared of the dip; these are opportunistic moments.
My plan: I don't want to buy in aggressively right now. Instead, I'll ladder in partially in case we hit the lower support of $630 billion.
#CryptoNews 📈
TOTAL2 Crypto Market Cap Bearish StophuntCurrently, there is a Bearish 12H and daily stophunt on the TOTAL2 market Cap, which is TOTAL minus BTC.
TOTAL2 is not showing a 3day Bearish stophunt like TOTAL is showing..
Stay tuned; likely to be a bloody weekend, but it may present us with some opportunities.
Looks Like ALTSEASON Is About To Start!By the looks of it Altcoins are going to have a mega partytime starting right about now!
Not financial advice but I would surely would like to have altcoin exposure now.
#altcoins will have a blood bath?Here' s the #altcoin #totalmarketcap incl. #ethereum . This chart shows , altcoins' market cap have come to the top of the channel. Declination here is will doom altcoin bag holders. Clear breaking channel with volume and weekly closings is the invalidation. I showed the support levels on the chart. The war is not good for markets, a friendly reminder. Always use stop losses. I don' t say buy or sell , always train yourself and this is NOT FINANCIAL ADVICE.
$BTC - The Struggle Continues - #Bitcoin's Uptrend still intact in terms of Price Action,
coming from the Lows of 15K .
Concerning is the fact that despite Bitcoin trending Bullish on regards of
Market Structure (series of HH & HL ) ;
it is trending so,
within a Rising Channel (i.e bearish flag).
Ahead of this current uptrend is the Golden Zone Fibbonaci Level
awaited to be faced as Resistance in the midst of a Critical S/R Zone.
Both of this targets should be flipped from Resistance to Support(retested)
in order for Bitcoin to be headed higher,
to trigger the price interest at 50k-65k ; W(tf) *OB a
(see the updated idea attached below)
Until further confirmations, CRYPTOCAP:BTC is likely to be headed to at least 35.000$
in the short term time frame.
Key S/R and Golden Zone may very well be the next stoping point to open shorts
TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your Financial Advisor before
partaking on any trading activity based solely on this Idea.
TOTAL2 Hi Folks,
What is TOTAL2?
🔺For our new members:
--Total: It is the data that shows the total value of the entire cryptocurrency market.
--Total2: It is the data that shows the total value of all altcoins (excluding Bitcoin).
🔺Our Total2 data reached a record high of $1.70 trillion during the previous rally, followed by a sell-off wave that led to a drop to a local low of $435 billion.
🔺During this period, we witnessed many altcoins being delisted from the market or experiencing drpos of up to 90% in value, which was quite painful to watch.
🔺Technically speaking, we can say that this data set, which broke the downtrend, exhibited a consolidation performance in the first half of 2023.
🔺While tracking TOTAL2, we should not forget about stablecoins. It would be overly optimistic to say that the money exiting Bitcoin will flow into altcoins because we are currently not in a "bull rally" phase. The money leaving Bitcoin can also enter stablecoins.
🔺In the previous paragraph, I want to convey the following: It is now overly optimistic to say that if BTC.D (Bitcoin dominance) decreases, altcoins will rise. The money leaving Bitcoin may enter stablecoins, which could cause an increase in the TOTAL2 data, but it does not necessarily mean that altcoins will increase.
Things to Know Before Investing
🔺In the second part of this article, we will discuss what needs to be known before making investments.
🔺First and foremost, we are currently in a consolidation zone from a technical standpoint, as you can see on the chart. The decisions of the Federal Reserve (Fed) will directly affect this consolidation process. Especially on the day this article was written, there is an 80% probability of a 0.25 basis point interest rate hike at the next Fed meeting.
🔺Even if the Fed ends the interest rate hike process, experts predict that interest rates will remain high until 2024, and 10-year bond yields are already above 3.50%. While interest rates are at such high levels, it is still too early to expect a significant bull season for risk assets.
🔺As if the Fed alone is not enough trouble, we also have the Securities and Exchange Commission (SEC) going after altcoins. In recent days, the SEC filed lawsuits against both Binance US and Coinbase. However, to understand these lawsuits most simply, it is necessary to look at the Ripple case, which has been fighting against the SEC for years. The outcome of this case is likely to set a precedent.
🔺There is one important thing not to be forgotten: Even ETH was distributed/sold at very cheap prices to raise the necessary funds during its initial sale (approximately 16%). Unfortunately, this harsh reality exists for altcoins, and unreliable projects are prone to failure. Bitcoin, on the other hand, stands apart from altcoins as it never had an initial sale. We will address this topic again in another article.
Technical Data
🔺Altcoins haven't died; they are struggling to survive and providing buy-and-sell opportunities with high-profit margins to investors who use the right channels.
🔺Looking at TOTAL2, we can see that the downtrend was broken in January 2023, and it is consolidating and gathering strength before the next bull rally.
🔺$1.06 trillion is a critical pivot (fib 0.5). If there are closing prices above this level, we can say that the bull market has arrived. Otherwise, it will still present reasonable profit opportunities but will remain a reaction rally.
🔺Additionally, during the 2017-2018 rally, there were around 1,000 (let's leave the exact number to those who remember) altcoins, whereas currently there are over 25,000 altcoins. Choosing the right altcoin is crucial when there is a significant amount of money in the market. The number of slices in the cake has increased at least 25 times.
🔺Currently, the TOTAL2 data is testing the "AlphaTrend Sell Zone" resistance at $540 billion. If there are no closing prices above this level, selling pressure could increase.
🔺While the MACD generates buy signals, the RSI is struggling to break the 50-point resistance on the daily chart. If the RSI can close above 50 points, we can anticipate an acceleration in the upward momentum; otherwise, we expect increased selling pressure.
Bonus Chart 1: BTC.D 1W
🔺Bitcoin dominance continues to increase. Closing prices above 50.15 points can push Bitcoin dominance up to 54 points, which is expected to hinder the strengthening of the TOTAL2 data.
Bonus Chart 2: BTC.D vs ETH.D (Last 1 Month)
🔺In the past month, we witnessed Bitcoin dominance surpassing Ethereum dominance. But why?
🔺In its simplest form, we can say that the applications for spot ETFs for Bitcoin have played a role in this.
Dear reader, if you have read this far, I'm sure you have enjoyed it. You can give me feedback by liking and commenting. And if you happen to click on the share button, you can share this knowledge with people in your circle and together we can become stronger.
TOTAL 2 ANALYSIS (1D)We see a lot of bullish signals on the chart of altcoins and bitcoin, but total2 says something else.
We should keep an eye on this chart because it is a way forward. The red area is really where total2 can go downhill
After the completion of the e wave of the big D wave triangle, we prepare for the descending wave E
The time frame is daily and time consuming
TOTAL2 - Daily Inverted H&SInverted head and shoulders structure is completing itself on the daily timeframe for the altcoin market cap (TOTAL2).
The right shoulder has potential to show extremely bullish results as is normal with inverse H&S patterns.
TOTAL2 - Finding Its Altitude First Bull run -> 420B
Second Bull Run -> 1.6T
Third Bull Run - ?
These curves each show the journeys to the moon, it looks as if the curve pattern repeats.
I have made a post like this in the past linking it below
This is the altcoin market cap
ALTCOINS are bullish - TOTAL2 with weekly bullish divergencesAltcoin market with a weekly bullish divergence looks bullish overall and we expect the uptrend continuation in the mid-term.
We are not looking for shorts now.
When we get a pullback, it's a buy the dip opportunity.
How deep the pullback can be? The price may retest the key support again but most likely it will create a higher low and confirm its bullishness . Breaking (and closing below) the key support would be an invalidation of this trading idea.
