ALTCOIN MC update ; looks... badALTCOIN MC update ; looks... bad
zoom in, you can see momentum is rolling over to the downside;;; again.
its all just getting dragged out this time. which sucks because that prob means massively long lame asf bear market.
good aspect of that is it gives you time to accumulate shit coins that will survive.
aim for the ones with LONG dev runways who maintain development. thats it. the only two things that count.
everything else will die or barely survive and only half ass pump next time.
*activate hybernation mode
*apply for mcdonalds job
TOTAL2 trade ideas
total2Total Index Two Crypto Total Except Bitcoin
The overall status in the weekly descending time - RSI is also within the Birish area
The point we have in the past is that the candlestals are only infiltrated into the area and move upwards after a few re -candles and above the range.
For now, we can expect to have a re -test of the 2, which could cause a further downward trend for the queen, and may be expected to climb after reaching this range, but with re -examination.
Altcoin Market Cap Potential through Wyckoff Analysis 📊🚀📉 Wyckoff Analysis Refresher: Wyckoff analysis is a method for understanding the phases of price movements in markets. It encompasses Accumulation (a period of smart money buying), Markup (bullish phase), Distribution (smart money selling), and Markdown (bearish phase).
📈 Applying Wyckoff to Altcoins: We can adapt Wyckoff analysis to the altcoin market. Accumulation represents the phase when astute investors accumulate altcoins at low prices. Markup follows, with prices surging as the broader market catches on.
📉 Distribution and Markdown: After a substantial rise, we may see distribution, where early investors start selling. Markdown is the subsequent bearish phase when prices drop.
🚀 Assessing Market Cap Potential: By analyzing altcoin price movements within these Wyckoff phases, we can gain insights into their market cap potential. If an altcoin is in the Accumulation phase, it may have untapped potential as smart money accumulates.
💡 Key Takeaway: Wyckoff analysis can guide your altcoin investment decisions. If you identify an altcoin in the Accumulation phase, it might be a promising long-term bet. But remember, thorough research is crucial.
🔮 The Future Unveiled: Keep in mind that markets are dynamic, and past patterns don't guarantee future results. Wyckoff analysis is a tool to aid your decision-making, not a crystal ball.
In conclusion, applying Wyckoff analysis to the altcoin market can provide a unique perspective on market cap potential. Recognizing which phase altcoins are in can help you make more informed investment choices.
Stay analytical, stay vigilant, and remember – understanding Wyckoff principles can empower you to navigate the altcoin landscape with a strategic edge! 🚀📈
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TOTAL2Hi, look at my previous analysis and gain your profit :https://www.tradingview.com/chart/TOTAL2/wiOqP9Jb-TOTAL2/
.....me personally took some of my profits off the table like polka dot but i think due to big bounce in bitcoin we can see second target in total 2 .....then we can take off some or profits but let our other coins like uni swap and ltc run more .....
Good luck
Altcoin Cycle TopsAlthough everyone is currently in search of the 'Cycle Bottom', I thought it just as interesting to point out an observation on the TOTAL 2 (Market Cap without BTC) chart, which has the potential to be a big insight into the next 'Cycle Top' for Alts.
Although some Alts may have topped in May '21 (before the feeble 'blow off top' we had in November '21 last bull run), I think this chart could still be intuitive for ascertaining an edge to taking profit next time round.
It's intrigues me to see that the last 2 Altcoin Market Cap 'Cycle Tops' indicated on this chart, have come 550 days (78 weeks) from the previous Bitcoin halving!
Granted, many macro factors come in to price at cycle highs and lows, but the 'Bitcoin Halving' will always be the most influential pivot when ascertaining Bear and Bull trends in this space.
If this is anything to go by, October '25 could be the next Altcoin Top should history wish to maintain recent habits.
One big glance at all ALTCOINS Bullish or Bearish?In this video i analysed from top to bottom what to expect for the altcoin. There are 3 scenarios in total one being bullish in a short to midterm and 2 bearish in the mid-long term.
This analysis takes into consideration the classical analyst view and the price action analyst.
Impact of Cryptocurrency Market Capitalization on Market DynamicIn the world of cryptocurrency, staying informed about market trends and indicators is essential for making informed trading decisions. One crucial metric that often goes hand-in-hand with market sentiment is the overall cryptocurrency market capitalization. This article delves into why keeping an eye on the cryptocurrency market capitalization is crucial and how it can provide insights into the broader market situation.
Understanding Cryptocurrency Market Capitalization:
Market capitalization refers to the total value of a cryptocurrency or the entire cryptocurrency market. It's calculated by multiplying the current price of a cryptocurrency by its circulating supply. Monitoring the market capitalization provides a snapshot of the market's size and valuation at any given time.
The Impact on Market Dynamics:
Keeping track of cryptocurrency market capitalization can offer valuable insights into market dynamics and trends. Here's why it matters:
Market Sentiment Indicator: Changes in market capitalization can reflect shifts in investor sentiment. Rapid increases may indicate bullish enthusiasm, while significant declines might signify market apprehension.
Market Trends Identification: Monitoring market capitalization over time can help identify trends such as bull markets, bear markets, and periods of consolidation. It offers a broader context for analyzing price movements.
Relative Comparison: Comparing the market capitalization of different cryptocurrencies allows traders to assess their relative performance. It helps in identifying potential investment opportunities.
Impact of Market Events: Major news, regulatory developments, or technological advancements can influence overall market capitalization. Tracking these changes can provide insights into market reactions.
Market Liquidity: Market capitalization can also give an indication of the overall liquidity of the cryptocurrency market. Higher market capitalization often implies higher trading volumes and increased market activity.
Conclusion:
Monitoring the cryptocurrency market capitalization is an essential practice for traders and investors seeking a comprehensive understanding of the market's dynamics. It serves as a key indicator of sentiment, trends, and the broader market situation. Combining insights from market capitalization with technical analysis, fundamental research, and other indicators can enhance your decision-making process.
As the cryptocurrency market continues to evolve, adapt your strategies to account for changing market conditions. Remember that market capitalization is just one piece of the puzzle, and a holistic approach that considers multiple factors is crucial for successful trading in this dynamic landscape.
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Analyzing Altcoin Market Cap with IchimokuThe price is within the cloud might signify a period of indecision in the market, with potential range-bound trading.
The bearish Kumo crossover, along with the Tenkan-sen below the Kijun-sen, hints at a short-term bearish bias.
Need watch for price movements with respect to the cloud's edges and the Tenkan-sen and Kijun-sen levels. Breakouts from these levels could signal the start of new trends.
The Lagging Span below the price but above the cloud further supports the short-term bearish sentiment.
MACD for the last few days underscores the weakening bearish momentum.
Overall we may see a end of this bearish momentum, however need to be extra cautious with our positions since we are at the edge of the support.
TOTAL2 in the local purchase zone!!!The price left the global zone 369.475B-536.411B
And the sweet shopping zone 419.04B-476.618B with a purchase level of 446.903B
But it is still in the local zone 456.463B-585.45B
BELOW!!! volume prices!!!, which is 557.033B
And it all looks like a big accumulation zone!!!
Attached TOTAL.
A cool idea of a simple indicator based on TOTAL, TOTAL2 and TOTAL3 has also matured
I'll give it out soon!!!
Alt Coins Market Cap AnalysisDirecting our focus towards the intriguing realm of the crypto market cap, excluding the behemoth that is Bitcoin, a fascinating interplay emerges within the altcoin domain. The altcoin market cap is ensnared within a range defined by $548 billion and $616 billion. The latter, $616 billion mark stands resolutely as an indomitable resistance, steadfastly impeding the ascent of altcoins beyond its bounds. Intriguingly, the altcoin market cap launched a valiant attempt at breaching this formidable barrier, only to falter and retreat into a position below it within a matter of days, marking a classic case of a false breakout. Recent market movements have bestowed the altcoin market cap with a rendezvous with the lower support, yet the impetus required to sustain a formidable upward trajectory appears to be lacking. Amidst this dynamic, a salient lower trend line assumes the role of support within the $523 billion to $525 billion range. Meticulous chart analysis augurs the onset of an outflow, projecting a departure of approximately $40 billion from the altcoin sphere, amounting to a substantial 8% diminution. The forthcoming trajectory will pivot upon the sentiment coursing through altcoin veins upon their interaction with the projected lower trend line. A prevailing air of bearishness is perceptible in altcoin sentiments, particularly underscored by the formation of lower lows, a striking parallel to the overarching trendline delineated earlier