$BTC vs $ETH vs $TOTAL 3 (Altcoins)Be careful with this drop
There's something more @ play here
Still cautious bull but $BTC can drop close to 10%
That's decent amount of pain for #altcoin
$ETH could fill the gap or drop to 1400
RSI looks BAD
$Total 3 = #altcoins is whimpering
Some bounced nicely already
Total3
TOTAL 3 MARKET CRYPTO - WHERE WE ARE KNOW
Total 3 is in the ANGER psychology phase, in case the bulls hold the price where we are now, could be a new and last pump for altcoins. after that a huge correction.
If lost these levels, means BTC is going hard down and it could start a downtrend to break all supports to the depression phase.
Phase B of Wickoff Teory
in the next weeks from these levels, we can go down to lower prices until the spring event happens.
Not financial advise
BTC analysis for most possible directionDidn't post yesterday, was busy
---
This is copy paste from yesterday
$BTC not looking so hot atm
#BTC RSI is sinking fast
$TOTAL 3 = #altcoin
Also looks weak but nowhere near as much
Facing heavy resistance
We're likely due for a lil pain from here
---
TODAY
1/2
$BTC @ an important area
#BTC holding @ dotted line support
#bitcoin trading UNDER Red Mov Avg for 2nd day
Buy volume lowers, sells > than buys but not much
RSI MUST NOT tread sub 50 area (middle)
We break Green Mov Avg still ok but MUST HOLD Breakaway Gap area
#crypto
2/2
What about $BTC vs #altcoins?
$TOTAL 3 = #altcoin
Staunch resistance right above
Yet holding better than #BTC
4Hr shows some buys coming back
See the Inverse head & shoulder?
Ugly but it's there
#crypto had huge run, it's okay to REST as long as it doesn't fall asleep
TOTAL Versus TOTAL3 ( Exclude BTC & ETH )A very Simple chart that clearly shows how ALTS are lagging behind BTC in the "recovery " phase but are making a HUGE effort to catch up now and break back over the Neckline of the "FTX Crash" line
Bitcoin has broken over it a week or so ago and is currently hoovering around the $1trillion Cap price - The ALT market has been catching up at a higher rate as can be seen by the larger % Gains daily. on the TOTAL3 chart
Thing is, I have been expecting a Cool off ever Since BTC got back over that neckline but it seems the market will keep pushing till ALTS are out of the dark to...
This is an EPIC show of strength by the Crypto market in general
VERY VERY BULLISH
Golden Cross irrelevant - Weekly crossover MORE importantTons of posts on Golden crossover
IRRELEVANT
Why? Because it's garnered so much attention it lost its validity YEARS ago
What IS relevant is $BTC WEEKLY short term crossover that we called Jan 30th
#BTC setting itself nicely
#bitcoin closed up .8% #altcoins up 3%!
#crypto
Altcoins maintain inverse relationship, look at MEMECOINS!Interesting
Majority of #altcoins were lower for most of the day
Except $JASMY!
$BTC opens, goes LOWER & many #altcoin go UP!
Granted, not by much but the inverse is amazing!
#memecoin MOVING
$VOLT $SHIB are we at the last stages of this run?
Not good for bottoming
Altcoin - TOTAL3 traffic light scenario🚦Next to my Bitcoin and ETH traffic light scenario🚦
Here for Altcoins😎
🔴Bearish phase
TKD indicator turned from green to red
🟡Altcoin accumulation phase
TKD indicator forms a top
🟢Bullish phase
TKD indicator turned from red to green
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
$BTC $ETH & Altcoin data, Memecoins running, what it mean?Important short term🧵
$BTC RSI not showing good signs, NEG divergence
#BTC HAS BEEN LEADING the rally but it's weakening
We've posted on this $TOTAL 3 doing ok
#memecoin running usually @ end of runs
#bitcoin MUST hold support levels
MUST hold number is 18kish
---
2
$DXY running & RSI over 50 again
BAck to #crypto
$Total = ALL including $BTC & $ETH
Not showing recent strength of Total 3 = #altcoin
They all still have a ways to go to break down trend
Although #BTC HAS done it on it's own
#bitcoin has been LEADING until now
Rest time?
---
3
$BTC broke downtrend not long ago & struggled
24k has been issue = MAJOR RESISTANCE &
NECKLINE for Inverse Head & Shoulder = BOTTOM
Now $ETH RSI looks ok
However HUGE resistance @ 1700 area
#ETH hasn't broken downtrend
---
4
$BTC is to $DJI = $ETH is to $NDX
#DJI broke out before #NDX did
Very likely #BTC broke already & #ETH will follow
We'll likely take another month or so to realize the bottom
$TOTAL 2 = No #bitcoin, includes #ethereum & #altcoin, looks ok
We'll see how all pans out
Gnight
TOTAL3 = Altcoin Crypto is moving better than BTC atm = LIKEY!Please see profile
This is re-post
$DJI almost went green since post
$NDX went HIGHER
$BTC sells but fresh buying came in
#bitcoin battle ensuing
#BTC breaks 24, hopefully with volume we should see MORE than 10% pop, maybe even fill gap
*******
#Crypto #altcoins pumping $Total 3
$BTC bearish engulfing light volume - Now what?1
Said MANY TIMES 24k would be HARD for $BTC
#BTC high = 24080
DAMAGE DONE:
Short up trend broken
Bearish engulfing but LIGHT volume
STILL IN PLAY:
Breakaway Gap
Inverse Head & Shoulder
RSI above overbought, red dotted line
#bitcoin playing out as expected
Rest of #crypto?
---
2
#Bitcoin BULLISH WEEKLY CROSSOVER soon?
Bearish crossover happened DEC 22
$TOTAL 3 = #crypto #altcoins - hasn't looked as strong as #BTC
RSI been going lower but currently resting @ red moving avg, holds = good
1 last thing
$BTC 4Hr hasn't traded under avg's since Dec 30
Total vs Total2 vs Total3Let's compare $TOTAL = all #crypto
vs NO $BTC with $ETH = $TOTAL2
vs NO #BTC or #ETH > #altcoins = $TOTAL3
Not much change between T & T2, although T looks a bit better
However, T3 is beginning to show lil more spunk
Could we be setting up for MORE #altcoin moving?
We'll see soon
TOTAL3 Market Cap ( Exclude BTC & ETH )TOTAL3 is pretty well ALL ALT COINS but does include BNB and al its BNB Chain coins.......(maybe time to NOT call BNB an ALT anymore but thats another convo )
This Daily chart shows us how PA has been stuck in a descending channel since around May '22 and how, repeatably, PA has hit Top trendline and been rejected.
And here we are again
Shorter Acting StochRSI is oversold so may offer some support but over all, MACD ( longer MA) is above 0 but not yet Overbought, so, should fundamentals come in with Good News, we have the ability to lift through that line of resistance.
A descending channel has a high chance of breaking trend, the longer it stays in it......but it replies on fundimentals and investment to make that happen.
There is a strong chance, Markets may well just wait now till the FED in the USA ( A Group of PRIVATE Bankers) decide how they are going to approach the issue of interest Rates.
The very idea of Crypto becoming a World wide financial service will get rid of this "Centralised Financial model" where One group of people can control Everyone else.
But that another story, meanwhile, Take care, have a plan and act upon it....PA may well Drop before it goes up again,
$TOTAL vs $BTC part 2$Total vs $BTC
You can also compare how TOTAL3 is lagging compared to Total, Total2, and BTC
Fact that #BTC is testing long term downtrend SHOWS #BITCOIN is LEADING the charge
Yes, #altcoin are ripping BUT BTC is leading move BY STRENGTH, mkt cap
Bitcoin hasn't really done this last 2 times
Next couple days = IMPORANT
Need Volume & Breakout
#crypto
$TOTAL vs $BTC part 1$Total vs $BTC
You can also compare how TOTAL3 is lagging compared to Total, Total2, and BTC
Fact that #BTC is testing long term downtrend SHOWS #BITCOIN is LEADING the charge
Yes, #altcoin are ripping BUT BTC is leading move BY STRENGTH, mkt cap
Bitcoin hasn't really done this last 2 times
Next couple days = IMPORANT
Need Volume & Breakout
#crypto
TOTAL 3 Ex BTC & ETH - CautionI see a lot of people jumping up and down about ATLS running but this chart shows a level of caution should remain
That 200 SMA has rejected PA harsly before and may well do so again - However, on the 4 hour chart, PA is being supported well by the 50
But, may not be enough....
Once PA gets through this 200, than I am all in
Untill then, please remain cautious
$TOTAL looks good - $BTC LEADS = VERY GOOD SIGN$TOTAL = ALL #CRYPTO including $BTC + $ETH
This index looks good
Volume lacks but majority of ppl were decimated
These are players who still have $, movers, smart $
#TOTAL3 = #altcoins, no #BTC or #Eth
This index is weaker
Shows how STRONG #bitcoin has been = VERY GOOD
TOTAL3 ( ex BTC & ETH) Crypto Market CapPA coming under pressure here and is bumping into the 200 SMA for first time since April '22
It is also running along upper trendline of long term channel AND at same time, now hitting the longer term resistance from Off ATH
This is a crucial time for ALTS
They have already begun a slight pul back in Markets while BTC PA appears to be hanging on for now.
CRYPTO TOTAL MC TARGETS!- As we can see every time there has been a BITCOIN HALVING event it has triggered a BULLRUN!
- The peak of the next bullrun will be around 12-18 months after the BTC HALVING EVENT!
- The time to buy is NOW!
- SMART MONEY (big banks, institutions and wall street traders) They are currently buying right now!
- COMMON SENSE buy low sell high!
- Where are DUMB MONEY (90% of the public / retail investors) they will not buy now, they will buy at the TOP of the cycle!
- WHY? simply because they do not understand how this market works, humans are very emotional, if we eat our favourite food we feel happy, excited and are satisfied if we get a parking ticket we become sad, angry or upset!
- This is the same shit that happens in these markets, another point to make is 90% of the public are BRAINWASHED, they simply follow the heard like sheep, they listen to the media not knowing that the TV was designed to: TELL A VISION, the media manipulates the average investor to believe that buying crypto now is risky, but when the markets peak, they start to throw positive news on the markets which excites new investors and they buy the top of the market without doing any research or understanding how the market works!
- Then when they lose money they always call CRYPTO A SCAM LOL its comical!
- NOT FINANCIAL ADVICE, PLEASE DO YOUR OWN RESEARCH, ONLY INVEST WHAT YOU ARE WILLING TO LOSE!
Total 3 - I think Altcoins havae bottomed!!!Giant wedge from the top, we just hit the bottom of it, I think altcoins are about to rip faces along with the rest of the markets. Hard to believe now in the depths of the bear market but the best thing to do is to just play the charts. Still need confirmation but I'm getting excited.
TOTAL 3: BREAKDOWN BELOW THE SUPPORT LEVEL.TOTAL 3 Update:
This isn't looking good. Total 3 market cap is the total market cap calculation ($) of all the altcoins except for BTC & ETH. Currently, it has broken down below the crucial support level which could turn out to be a fake down as well but can't be 100% sure. I was expecting the T3 to hold this support level but now we may have to look the other way around. Although the price has broken down below the support, the RSI has already reached its oversold zone which may turn out to be good for the altcoins.
If it is a fakedown then I expect the T3 to push back inside the trendline and continue its rally but if it turns out to be an actual breakdown then altcoins will bleed more.
Key points:
1. RSI at the oversold level.
2. Broke down below the support ($305B).
3. The daily close should be above $305B.
That's it from my end, I will see you in my next update.
Trade safely.
TOTAL 3 with thought process of bullish and bearish ideasTOTAL 3 need a support bounce to help the ALT coins
if it breaks below 307 it will be very bad for the ALT coins
what we really need is the price action to get a
support bounce ( bullish retest ) of 336
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR