Others going up nowOthers dominance ready to pump so fast .that means alt session start .dayly and 1 h is broken to go up.weekly too.
OTHERS.D trade ideas
Be careful.Deep falls possible before expected bull run.
Don't make decisions with too much excitement.
Don't get carried away by social media.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
We're in a historic buy zone again for #altcoins !We're in a historic buy zone again for #altcoins !
It's the right time to accumulate #altcoin based on the DCA plan! ✍️
Is ALTseason Finally Back?ALTseason actually started already back in 2023, when we got a nice five-wave bullish impulse in the ALTcoin dominance chart with ticker OTHERS.D. It was first leg A of a three-wave A-B-C rally.
We have seen a slow down in the last couple of months along with the whole Crypto market and that's why most of the ALTcoins came lower than Bitcoin, but we can see a corrective (A)-(B)-(C) decline within wave B with the wedge pattern within wave (C) of B that can be coming to an end.
So if we are on the right path, then seems like new ALTseason may not be far away, especially if we consider that Bitcoin and the whole Crypto market are still bullish. However, to even think about the next ALTseason, we have to see ALTcoin dominance back above 10.55%, which is first bullish evidence for a higher degree wave C.
Others.D holding strong Support for the 4th timeOthers.D holding strong Support zone that have been tested for 4 times and failing to hold it will lead to 7.78% as the nearest target.
altcoin rally start around this week 23% will be topaltcoin rally start around this week 23% will be top based on historical cycle
OTHERS.D (#Altseason)Other.D at major support. Weekly close respected the support line. We can have a massive Alt-season.
ALTCOIN SEASONThis chart shows OTHERS' dominance compared to BTC, representing altcoin dominance. The technical retracement at 0.786 is a common reversal point for a downward trend, as shown in the previous cycle. Currently, the chart indicates we are at this level again.
ALT SZN Bottom Entry is in!Looks like the bottom from here - load bags and prepare for alt season - maybe a wick down but if we keep this structure on the 3w we will see a solid move to the upside for alt coins from here and alt season will officially begin.
Altcoin Rally Chart - TechnicallyAltcoin Rally Chart - Technically - Previous Cycles - Future Cycles
Others Dominance's Huge Increase Potential Hi all,
Others dominance is around the bottom of the channel which is valid for years and if the bottom is around here, others' dominance may go up to around 30%. In order to go from 9.5% to 30%, roughly 4x is needed by others marketcap where the top 10 marketcap doesn't move. Considering the top 10 would also make 2-4x from here, others would make 8-15x easily.
We just need the big guys to let this happen and I know it's very painful. We'll wait for it.
Target for me is 2025 Q1-Q2.
These are my opinions and not a financial advise.
Please do your own research.
Cheers!
others dominanceAnother chart that makes me beleive altseason is around the corner.
watch out for the 16% and 19% levels but I think ultimately we will reach the top of the channel.
Last time we touched the bottom of this channel a mini altseason was triggered.
Since btc dominance has not slowed down I still beleive the best for alts is yet to come.
ALTSEASON ARRIVAL?? Must read post, Don't skip.!!Pinpointing the exact start of a bull market or altcoin season can be challenging, but there are key indicators to watch for:
1. Bitcoin Dominance-
Decreasing Bitcoin dominance: This suggests investors are shifting their focus from Bitcoin to altcoins which is generally determined by BTC.D.
2. Altcoin Performance-
Outperformance of altcoins: If altcoins start to significantly outperform Bitcoin in terms of price appreciation, it could be an early sign of altcoin season. This is generally determined by OTHERS.D.
So, let me give you detailed explanation on Altcoin performance by analysing OTHERS.D chart as it is not possible to go through both in a single post.
OTHERS.D represents the total market capitalization of all cryptocurrencies excluding the top 10 by market capitalization. Essentially, it's a measure of the dominance of altcoins (cryptocurrencies other than Bitcoin and the top 9) in the overall crypto market.
Why is it important?
Altcoin Season Indicator: A rising OTHERS.D often correlates with an altcoin season, indicating a shift of investor interest from Bitcoin to smaller cryptocurrencies.
Market Sentiment: The chart can provide insights into the overall market sentiment towards altcoins. A rising others.d value indicates that money is flowing into altcoins, potentially signaling an altcoin season or increased interest in alternative cryptocurrencies. Conversely, a falling others.d value suggests that Bitcoin is gaining dominance over altcoins.
Technical analysis:
OTHERS.D chart is trading between this channel since mid 2017. The movements within this channel have marked two significant altseasons. Currently, the level is touching the bottom of this channel which generally indicates the arrival of altseason.
Trend Analysis:
This chart includes three color-coded vertical lines and three distinct phases:
Vertical Lines:
Bold Blue Vertical Lines- Represent BTC halving dates.
Green Vertical Lines- Indicate the arrival of the altseason and the end of the bear market.
Red Vertical Lines- Signify the arrival of the bear market.
Phases:
Accumulation Phase
Altseason Phase
Bear Market Phase
Observations:
Post-Halving Trend: Following each BTC halving (marked by blue lines), there is a downtrend in alts dominance until a green line, signaling the start of the Altseason Phase.
Altseason Phase: During this phase, the dominance moves to the top of the channel, forming a double top that confirms a downtrend.
Bear Market Phase: Represented by red lines, indicating the arrival of a bear market. During this phase, the dominance drops to the bottom of the channel, retesting the 100 MA. The end of this phase is marked by a green line.
Current Situation:
We have recently experienced the fourth BTC halving and are currently near the bottom of the channel, indicating the search for the green line and the impending arrival of the Altseason Phase.
Summary:
The historical pattern shows that after each BTC halving, there is a downtrend in alts dominance followed by an altseason marked by a green line, then a bear market phase marked by a red line. This cycle has repeated historically. Presently, after the fourth BTC halving, we are close to the bottom of the channel, suggesting the upcoming Altseason Phase.
Thanks for reading the post patiently.
Happy trading!!
OTHER.D Bouncing off a key trendlineTHIS IS IT
THIS IS WHAT YOU HAVE BEEN WAITING FOR THE PAST 3 YEARS.
#ALTSEASON
IS UPON US
As Raoul PAL says Don't F**K This UP
WE HAD the pre party PUMP
NOw is the real deal
(caveat it may not fulfil your expectations so we must take what we can get)
Altcoins explosion seasonIt became around 20% at a certain point. I do expect more this time when i see some rubbish in the top10 and weaknesses in ethereum and higher fees in higher prices. It’s in a perfect time to accumulate .Pack your bag and be ready to take off .
Dyor lads .
OTHERS.D - "V" recoveryAt this moment the "V" recovery suggests a strong buying impulse, but it is necessary to monitor resistance levels to confirm whether this recovery can be sustained, it should exceed 10.34%. Overcoming will we start the expected altseason??
The OTHERS.D chart represents the market dominance of altcoins, which are all cryptocurrencies excluding the top ten by market capitalization.
This chart shows the percentage of the total market cap of altcoins in relation to the total value of all cryptocurrencies, indicating the relative strength of altcoins in the crypto market.
The chart shows a descending trendline (marked in orange), indicating a series of lower highs. This line acts as a dynamic resistance.
The "V" recovery is visible on the chart, where the price falls sharply (forming the first leg of the "V") and then rises equally quickly (forming the second leg of the "V"). This is a reversal pattern characterized by a quick and strong recovery after a sharp decline.
The rapid drop indicates a massive sell-off, followed by a quick recovery, which suggests a sudden return of buyer interest.
Altcoin Dominance to repeat uptrend like previous 2 cycles?During each of the previous 2 cycles in 2017 and 2021 crypto bull markets, Altcoin Dominance (below top 10 rank) went through a 5-wave uptrend as shown. The uptrend took 29 months for each cycle.
Here is a sketch of what the current cycle may look like if altcoins experience a similar pattern to those 2 previous cycles. This is just a guess at what might happen. There are no guarantees that any idea will come true. The wave lines and time measurements for this cycle are for display only, not estimates of how far up altcoins will rally and how long it will take. When this bull market will end is anybody's guess. It could be Q4 2024, or any quarter in 2025.
Other stuff.Some have noted that the rebound has already occurred.
But the chart reflection on my screen shows that there is
a small margin to test the lower boundary of the expanding structure.
The best thing would be to get a hairpin in the next three weeks
and then start rising from the lower boundary.
Others.D (AltsCoin dominance)It Exactly hit the trendline of parallel channel with a wick and closed above trendline in weekly as well as monthly chart
Pump from this level will lead a massive Alts season
Alt Coin analysisAlt Total Marketcap weekly timeframe analysis based on fundamentals and historical price action.
AltCoin - Bullish potentialThis is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions."
There is a higher probability for the AltCoin market to rise rather than fall. Currently, it is facing a resistance level, which, while not major, is significant due to the presence of a trendline. This trendline indicates potential market behavior and suggests a likely direction for future movements.
Why we maybe about to see ALTS revived....A Surprising structure
This is the OTHERS.DOMINANCE chart on \ MONTHLY scale.
Altcoins Dominance — Index Chart - TradingView
Crypto Total Market Cap Excluding Top 10 Dominance, %. OTHERS.D Crypto Market Capitalization. OTHERS.D
I have marked the Bitcoin Halvings and ATH also as a marker and we have a number of very interesting things to note.
Lets start at the beginning.
ALTS first came into being in 2011 with Namrecoin and Litecoin. This is how we manage to have the OTHERS.D before Ethereum was created in 2015. Many think ETH was first, it was not.
We shold pay attention to the Gashed horizontal line going across the chart. PA rose above this in early 2017 and has remained above it ever since. In fact, this line has acted as support 3 times previously and is currently acting as support to the PA Right now.
This cold lead to the ALT recovery we need right now.
BUT, also take note of the day Spans of A - B and Aa - Bb
Span A is from the BTC ATH to the next Low on the OTHERS.D PA, From that Low, see how it rose Through the BTC HALVING ( dotted yellow line) - This is span B.
See how it Dropped down to the line of support and then Rose and created an ALT Season
Now Look at Span Aa from the Nov 2021 BTC ATH. We have a VERY similar day count to when OTHERS.D returned to the line of sippport, where it once again, bounced up and begins the Span of Bb.
But this time, when BTC Halving came in, OTHERS.D PA has Dropped sharply, earlier than last time. This is very likely to be because of BTC.D and the Long Term Holding, Buying of Bitcoin for ETF's and the Sentiment.
So the real question now, is will OTHERS.D PA Bounce as previously or will support fail
And for that, we have to wait and see.
It is worth noting that ALTS is a massive market and while the Dominance maybe falling, we can still see some ALTS like Solana Race to the top with 1000% Gains.
This chart is a Long Term Gauge of where the marklet goes and it should also be nothed that Bitcoin has reached ATH while this PA also rises.
