Altseason is inevitable“Q4 2024 is the beginning, 2025 is when #altcoins will enter a parabolic awakening, those who are patient will rule the future.”
#Alts will create new millionaires in 2025!
OTHERS trade ideas
Altcoins - Basing in October: Will November Bring the Big Move?It seems we’re still in a basing or rotating cycle. We’re close to a trendy move, regardless of whether it’s bullish or not, as we near the end of this consolidation phase.
October has turned out to be #Flatober instead of #Uptober. That’s alright; the tighter the consolidation, the greater the chance November will make a definitive move in any direction.
I still lean bullish, but this week’s daily price action is a bit worrisome. Crypto appears to be used as a hedge, while equities remain the predominant risk-on asset going into CPI, making new highs as crypto retraces back to last week’s initial levels.
Basing for #October > Moving on to #November.
The new ALTSEASON is starting. Will you miss the train?We see many indicators both technical and fundamental this week that point out the alt coin market may be on the verge of a price explosion, what we most commonly refer to as 'Altseason'. So far on this Cycle we've had the 1st from June 2023 to March 2024. The 2nd however that completes the Bull Cycle, tends to be more aggressive.
On this chart we view the Crypto Total Market Cap excluding the Top 10 on the 2W time-frame. As you can see, the price found support on the MA50 (blue trend-line) for 4 consecutive candles and now with higher closings, looks ready to make the decisive break-out.
Relative to the previous two Cycles, it appears that we are on the exact part on the 0.382 Fibonacci retracement level, where both final Parabolic Rallies (altseason) started. The RSI and MACD in particular showcase significant resemblance with December 2016. A MACD Bullish Cross, is the only indicator left to confirm the rally.
Since both of those historic rallies reached at least the -1.5 Fibonacci extension, there is no reason yet to expect otherwise. As a result, a 3T target towards the end of 2025 appears to be feasible.
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OTHERS (crypto market cap without top 10) breakout - time rangeIn this chart, I have shared OTHERS (total crypto market cap without top 10 MC) chart and their accumulation,parabolic move (bullrun) and distribution time range.
By comparing OTHERS on this cycle with the previous cycles, we can come to conclusion that the reacumulation phase either: 1. it has ended and we should see a parabolic very soon, or 2. it can last up to December 2024.
WAGMI Crypto bros and gals!We waited 8 months and finally the breakout is here with a nice confirmation. Even if there is another dip, as breakout is a breakout! Congrats to the few that stuck around!
Where could be peak of altseason?Others mCap / BTC mCap with MFI indicator shows exact points of previous altseason peaks
Others/BTC: Bearish Continuation 2024"In this weekly chart of Others/BTC, I’m analyzing a possible continuation of the downtrend. Over the past few months, Others/BTC has followed a pattern of sharp declines followed by brief recoveries. The highlighted areas show previous 60% drops, marked by the yellow downtrend line and blue retracement boxes. Currently, the asset seems to be repeating a similar structure, where it rejected a key resistance level, as indicated by the white arrow.
I expect a bearish continuation toward the lower support region, which could result in another 60% decline from current levels. The long-term Bear Market Support Band has also served as a key resistance during this period. Unless we see a strong break above this band, a drop to the 0.06 level seems plausible.
Key Targets:
Profit target: 0.06 (as indicated by the bottom of the previous cycle)
Stop loss: 0.25, just above the Bear Market Support Band, in case of a breakout.
This setup is based on historical price action and resistance points, so close monitoring is required. Be cautious of any sudden shifts in momentum as the market remains volatile.
Don't buy alts right nowWe are approaching a very serious resistance on Rsi at 5d, I don't know what will happen next, but now is definitely not the time to buy alts, as I wrote in previous posts, the best time to buy was December, so let's wait and see. We may continue to grow a little bit more, but I think the growth is very limited.
Don't buy alts right nowWe are approaching a very serious resistance on Rsi at 5d, I don't know what will happen next, but now is definitely not the time to buy alts, as I wrote in previous posts, the best time to buy was December, so let's wait and see. We may continue to grow a little bit more, but I think the growth is very limited.
Others (alts) indexIt already brokeout the trendline resistance and facing a resistance at 227B ,
it will take a small pullback before facing its next strong resistance at 250B .
Brokeout and hold above 250B will lead a giga Bullish Market.
Bull season started
Alt analysis Altcoins about to run
Just waiting for first clear confirmation by it breaking the bearish trendlines and probably hitting the first S/R levels and hold, then the actual parabolic will start.
Directionnally long on altsThe immature crypto altcoins field didn't notice we were in an easing cycle, they will catch up the risk on stocks. Their way, the messy way.
OTHERS / Altcoin Index ready to break to new highs?As we approach the next FOMC meeting where we most likely see the first rate cut, will Altcoins start to perform again? Since the march highs we had a big retracement.
Others (ALTS) when uptrend?I calculated the statistics of when the viola hits the bottom and starts to rise, and there are 5 places on the chart where each time the viola found the bottom between 5-15 December, so it is possible that this time it will work on these dates in December, because this is a common statistic and it has worked before. Perhaps the alto has already found the bottom, but the real movement may only be in December. Let's see what happens this time.
$OTHERS Altcoins One Last 25% Leg DownAltcoins looking like they've nearly bottomed.
Price action closing below the Weekly 200MA and .236 Fib setup the last 25% leg down.
I expect CRYPTOCAP:OTHERS to top out in Q4 2025 ~2.1T which is the 4.764 fib where last cycle topped at.
Why I think altcoins have found a bottom to bitcoinI think we are in the same place as in 2019 September, altcoins have not fallen to bitcoin anymore, in the near future altcoins will break the downtrend, and start their rise to bitcoin, but that doesn't mean there will be an alt season. Bitcoin is still as weak, and it may fall lower, but this is the best time to sell bitcoin into altcoins.
Altoin Mcap (OTHERS) expected parabolic run heading into 2025In a nutshell based on previous market cycle moves, altcoins are expected to start the parabolic phase heading into 2025. Idea is invalidated if Altcoin Mcap (Excl TOP10) goes lower than October Breakout (approx 125B).
Altseason ComethGiant cup w/ handle on the weekly timeframe. Looking for a trend line break and another mini handle near the highs. Above the horizontal line is Altseason.
The Fed begins rate cutting cycle Sep 18.
Others - Alts finally starting to bottom!Top 100 currencies without the top 15, especially without stable currencies that just add dead weight to the index.
Forming a big liquidity grab from the last oscillating low and most pivotal point of this current move,
Slowly moving away from "no man's land" with a good chance to close above this week.
The daily chart is currently above the safety zone and a change in character will occur if $200 billion is regained (on the daily).
The chart looks very good from a technical perspective, it is only a matter of time before the uptrend confirms.
Perfect long entry yesterday and should hold above 174B
Where to buy alts?If you want to buy altcoins before the rise, wait for the breakdown as it was in all past times, usually the breakdown was at the bottom.
Has dominance reached the high?If you look at the trend line, this has worked the last 3 times, could it be that it will work the 4th time? I think so, it could mean that altcoins have bottomed out against bitcoin, but it doesn't mean they have bottomed out against the dollar.
