TOTAL2 H&S SetupLooking for a H&S formation
A right shoulder has already formed
return to key fib level
I still feel the bullish within this one however..
Totalcap
Altcoin Cap 2T BubblePossible peak for the altcoin cap at 2T
If alt coins reach this level, drastic measures may be taken within societies, including replacement of cash
All of this may be spurred on by Covid, "intentionally" ?
This is revolution material
Very strange times are on the way
ETH Holding the Altcoin Scene Back - Read!It can be seen on the chart that excludes bitcoin and ethereum that alts have been popping off. With a Gaussian Channel that is green.
The market cap that includes ethereum the Gaussian channel can be seen to be still red.
Once this turns green the real altcoin rally will begin.
I still believe that it is alt season when TOTAL2% > TOTAL in either direction, positive or negative, it is alt-season.
Go long Ethereum, Marry the market.
TOTAL2 Lift off?Sitting on top of major trend line
with a golden cross imminent
This may lift off, volume seems low
TOTAL2 Very strange times are comingMonthly MACD cross
Mirror RSI level reached
I don't like to sound like a doomsayer but this looks quite scary bullish, capitalize.
Oh baby its a Triple??Speculative scenario for 3 falling wedges
TOTAL2 - Altcoin market
1Hr timeframe
TOTAL2 More thoughtsThoughts
Correction with a rounded top, leads to extreme bullishness
Or ascending scallop bull run?
Both result in large bull runs a correction will just leave some time to wait before the next bull run.
Altcoin cap hourlyCrazy price action..
Many inverse H&S patterns have formed which is a good sign for my fellow bulls
Green triangle between fib circle and curved line is buy zone for alts, and most likely BTC.
Critical Junction Alt MarketScallop may pullback completing the inverse H&S
Scallop may pop off
This is simply a critical junction
Currently sitting under MA lines
Scallop has reached horizontal level
I assume this is also a critical junction for TOTAL
Id like to think the scallop has been building momentum and this is bullish.
TOTAL2 FractalA fractal indicating possible bullish movement
The bars pattern is of course very speculative
Discrepancies between TOTAL2 and TOTALFew wicks and a fib transition
This may be big
This is the only bearish scenario i can see for TOTAL2
#Bitcoin DominanceBreak the yellow line & all hail Alts season!!
I waited too damn long for this, in last 2 months we barely got in 5-6 alts but in last 3 days I have entered in well over 10 alts! why? simply cause it's alts season, as I mentioned in my telegram channel I am not bought in BTC until we see good accumulation, I am hoping that it will be around 6.5k-7.5k range in June.
BTC will trade in sideways range while alts will flourish, looking at the current dominance chart once we break the yellow trendline dominance should dump hard, most of alts I am looking at are in accumulation zone, or inside a falling wedge!
long story short future looks bright for alts atleast 2020
alts can die for entire year they will struggle but once they start to move they will move 50-100%, if past few days have been anything you can see whales are moving from one to another, no matter what FA is supporting it it's 2017 all over again!
Pump ETH -> pump BTC -> Pump alts -> make more BTC -> dump BTC to usd -> repeat the cycle over again!
CRYPTO TOTAL MARKET CAP - Breakout retest? Most of the breakthroughs are ultimately fake breakthroughs, which means that the market is not actually moving in the direction of the break and is simply trapped by professional traders to lure traders to break in the wrong direction. Using confirming price action on a retest also provides you with a great place to “hide” your stop loss. As you may well know, you always want to place your stop loss at a level where the setup is invalidated if hit. Waiting for confirming price action gives you the perfect opportunity to do just that. When a bullish or bearish pin bar forms on a retest, you can use the tail of the pin bar as your invalidation level. In other words, if the market moves past the tail the setup is no longer valid.
All of us are going to be rich before 2022! ((: Btc and Altcoins are at the beginning of longterm rising.
In Jun2020, all of them will start making us rich ((:
Misconceptions about Alt season - ReadI have been watching the altcoin market (total2) and total market for quite some time now and believe it is Alt season when total2's % value is greater than total
This is a good time to be buying up alts in the short term
Total2's % value being greater than total is often the case you will find if you watch it for some time too, hence why i call it the wild little brother.
I see people many calling Alt season (myself included in the past) when more often than not the market is in an alt coin favored state
Just my current thoughts on alt season. Market has been performing well.
Mcap Fib TransitionTotal market cap fib transition fractal
Outlined in blue ellipse is the fractal which shows a sharp bull run through the Fibonacci transition (between Fibonacci levels E.g 0.5 > 0.786
Haven't done a BITCOIN TOTAL cap in awhile thought it was time
TOTAL2 Spiral breakdownPossible rising wedge breakdown with potential breakdown points displayed by Fibonacci spirals
I have done a lot of work with TOTAL2 and my bull outlook gives some good points for the case
Altcoins Looking Thick. (TOTAL2)I keep on bringing up how exhausted the the altcoin market is.
Most coins retraced completely. Now we getting this sideways compression.
I'm going with a bull setup.
I can't see people selling at these prices.
The end of compression is a couple months after bitcoin halving.
Will the alts ever run again?
I say yes.... yes they will.
Hodl on cowboy. Time to pull them precious coins of yours off those scammy exchanges. Lock em up and call it a day.
TOTAL2 Bull outlookidea for the bulls,
just bored sketching really
enjoy
target is 101B
Here is some of my previous analyses of TOTAL2
