TOTAL2 trade ideas
Alikze »» TOTAL 2 | Super cycle wave 3 scenarioGrowth index of the crypto market except for Bitcoin, the scenario of wave 3 of the super cycle
According to the growth index of Total 2, which is apart from Bitcoin. This index is moving in a long-term upward channel, after a complete cycle and its complex correction, first with a growth in the form of a cycle and its correction is currently in the 3rd wave of 3 super cycles, which is the growth ability of this wave. At least 0.78 of the previous wave will have up to 100% of it. Therefore, according to the current microwaves, which is also in the 3rd wave, we should see a good growth in the crypto market. Regardless of short-term corrections, the crypto market cannot be weighed down or deeply corrected at the moment.
Therefore, according to the support in the major ceiling, the limit of invalidity of the failure analysis of the major ceiling will be.
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ALTCOINS repeating history once moreIt seems inevitable.
I usually say that the market is an "organized chaos."
People, for the most part, are disorganized and create chaotic realities in their minds.
However, as a counter-effect, the market often appears intriguingly simple and organized precisely because of this.
Total Market CAP Excluding BTC. ALT SeasonExpecting a short term sell off into before/into the Halving. Should bring some more fear into the market letting us buy more dips before taking off after the halving once BTC cools off. Target post Halving of ~2.8 Trillion Total Market Cap. Ride the waves, we still have a long way to go. Look at the bigger picture and don't get shaken out early. CRYPTOCAP:TOTAL2 CRYPTOCAP:ETH CRYPTOCAP:TOTAL2 BINANCE:LINKUSDT BINANCE:ROSEUSDT BINANCE:MATICUSDT BINANCE:FLOKIUSDT COINBASE:SOLUSD
[TOTAL2] The One Week Candle that changed everything for ALTs Good morning,
This will be quick for now, will update as candles form.
My TOTAL2 analysis was hardly updated and looked at with a fresh eye.
But to my surprise a one week candle changed everything for alts.
The numbers show the reading order. Will give more details soon.
This thing is going to blow up. We are at a critical point. We need a few more daily candles to confirm this madness.
Total 2 heading towards double bottom breakout target. We can see the total2 chart’s price action has already reached the full target of the purple symmetrical triangle breakout. In doing so it also went above the yellow double bottom neckline and now is quickly making its way to hitting that full target as well. That full target is a 988 billion. In the meantime it appears like we may see a weekly golden cross soon. Take a look back at the previous weekly golden cross and you will see that if history repeats a true alt coin season will be melting faces in the near future. *not financial advice*
How much higher can $total2 go?This is my projection for the current impulse of CRYPTOCAP:TOTAL2
Ethereum has been looking especially strong breaking key resistance levels which has led to similar strength here.
It will be important to see how we react to the resistance shown with the 2 highlighted green horizontals.
Short term bull, mid term bear, long term bullI've had a look at the total crypto market cap excluding BTC.
One should always be careful with being too specific in it's guesses about the price action.
This idea is very specific and will therefore with 100 % certainty be wrong.
I do think that we are looking at the end of the current rally and that we will need 5-9 months to calm down again. Ultimo 2024 or Primo 2025 we could start a new rally towards excellent hights.
TOTAL2 Market CrashHere is the dynamic that is playing-out:
1) A strong rise; great; bullish.
2) The up-move stalls. The action goes sideways and the rounded top appears.
3) The action moves below EMA10.
The bullish momentum is lost. Bearish potential develops.
The dynamic goes from bullish to bearish.
Still technically bullish but with bearish potential.
Early bearish signals are already in place.
4) RSI enters the bearish zone.
5) EMA50 challenged multiple times as support.
👉 A market crash is expect to happen next.
It can take days to gain full momentum but the drop will be big within days.
The end of the month shall see red.
Bloody in March.
Prepare accordingly.
Namaste.
Altcoins Next weeks...Hello,
Not sure for you but crypto Alts look like they are doing down. Stock RSI exhausted (People think that crypto is expensive for what it is right now. Ichimoku points to a reversal starting tonight to tomorrow.
NOT SURE AT 100% but I would say 75 % positive it is going down, but I need a little more candles to be able to confirm this theory. I wasn't planning on doing this but here we are ... People is interested to know, so I will try to deliver.
Specific pair to check ? if enough want it, I will check it. (not too much time on my hands but will choose the one lots of you want.
Good luck
Navigating Altcoin Turbulence: The Descent of the Butterfly PattAltcoins, until recently soaring to great heights, now face the challenge of the descending butterfly on our chart. The Butterfly Pattern, symbolizing uncertainty, casts its shadow over the market, while Elliott's analysis suggests a potential return to position 4. But beware, position 4 is not the end—it's merely the beginning of a new story. Will Altcoins touch down or strengthen with the power of the descending butterfly? We await to see how this tale unfolds in the financial sky.
TOTAL 2 - Feb/Mar 2024 Key Months for bullish price action TOTAL 2
Crypto Total Market Cap Excluding BTC
✅Above 100 week SMA
✅End of 149 week Cycle (new bull cycle starts)
✅Break above POC
🚨One last pull back (Make it count)
March 2024 is looking like a key month
(You have 4 weeks ~ dip the beak)
We watch for a failure too, if we lose the 100 week (first warning) and if we exit the lower pennant with a close....GET OUT.
PUKA