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Crypto Total Market Cap Excluding BTC, $Crypto Total Market Cap Excluding BTC, $Crypto Total Market Cap Excluding BTC, $

Crypto Total Market Cap Excluding BTC, $

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TOTAL2 trade ideas

Altseason 2023 is going to start in coming days. Be ready. Hi dear community and my lovely followers. I will be in short. I want you to inform that be ready for Altseason 2023 which is going to start in coming days. It will be wild. As you see Total 2 on weekly log chart has broken the main diagonal resistance/ weekly falling wedge/ and it is going to break pink zone which is one of the strongest horizontal resistance. As soon as it will be flipped, All altcoins will explode in a crazy way making x5-x10. Bellow you can see also Total 2 weekly regular chart, where Descending triangle was broken and retested successfully. The only thing we need is "flip the main horizontal resistance and the party will start. Also pay attention to Weekly RSI which has also broken the main diagonal resistance with retest and it is above 50 level, so huge momentum is coming to altcoins market))) BTW BTCD hit 48% main resistance which is again sign that it will be rejected because of altcoins hard pump. Pay attention to updates bellow this analysis I'm going to post other charts as well. Don't forget to like, comment and follow please. I'll appreciate your support.
CRYPTOCAP:TOTAL2Long
by ergal91
1
When should you trade ALTs? Here's the level to watch:The market cap of Altcoins is currently facing a significant challenge in surpassing the HKEX:630 billion benchmark. However, a notable surge in Altcoin activity is expected once this level is breached. Notably, the current BTC dominance of 48% can be attributed to the fact that most ALTs have broken their BTC-pair support. Consequently, if BTC experiences a downturn, the ALTs will likely be adversely affected since they have limited support! Therefore, it would be prudent to closely monitor the $630B mark if you are considering trading ALTs. A breach of this level could signal a favorable opportunity to enter the market. Still, it is crucial to stay vigilant and manage your risk accordingly, given the current market dynamics. ------------------------------------------- Recent Altcoin trades: ARB / USDT: 5% profit DOGE / USDT: 20% profit XRP / USDT: 9% profit ------------------------------------------- Ongoing trades to keep an eye on: DOGE / USDT: TP1 met and still going XRP / USDT: TP2 met and still going ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
CRYPTOCAP:TOTAL2
by MBM_Crypto
1
Total 2 showing weaknessHere is the possible scenario for Total 2 in upcoming weeks…Inability to break out of the range high and increased sell pressure at this region with hunting wicks to take out short positions, I think this scenario is likely to happen…Considering the fact that TOTAL1 itself hasn’t been able to break out of the top of the range (in related ideas) and showing weakness in that area gives me more clues on where the crypto market is heading in mid-term. Lets see if its gonna play out…always a student.
CRYPTOCAP:TOTAL2Short
by Keihan95
#TOTAL2 | Alts and Bitcoin dominance update!- as long as we are under 620 B, we are going to 550B level - most likely, bitcoin dominance is going to test 47.65% level and that mean the money will flow from alts to bitcoin to hold the price a bit and prevent Bitcoin from going down hard. - that mean Alts is going to have a correction (-5 to -10%) but that doesn't mean you should sell your alts. - in my opinion, this correction is healthy and not dangerous as long as bitcoin doesn't show any negative price action or reversal pattern. - I advice to just rebalance your short term trading wallet and prepare to buy more alts as there is still a pulish momentum in alts in general. Take care everyone and thank you 🌹
CRYPTOCAP:TOTAL2Short
by Khaledzu
TOTAL2 Elliott Waves Analysis (altcoins)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Looks like we got upward impulse and correction in form of flat (3-3-5) Waiting for continuation of growth with main target zone 700-750B. Cancellation of scenario - 500B Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
CRYPTOCAP:TOTAL2Long
by trytofeelpositive
6
When should you trade ALTs? Here's the level to watch:The market cap of Altcoins is currently facing a significant challenge in surpassing the $620 billion benchmark. However, once this level is breached, a notable surge in Altcoin activity is expected. It is worth noting that the current BTC dominance of 47% can be attributed to the fact that the majority of ALTs have broken their BTC-pair support. Consequently, if BTC experiences a downturn, the ALTs will likely be adversely affected since they have limited support! Therefore, it would be prudent to closely monitor the $620B mark if you are considering trading ALTs. A breach of this level could signal a favorable opportunity to enter the market. Still, it is crucial to stay vigilant and manage your risk accordingly, given the current market dynamics. ------------------------------------------- With regards to BTC: the zone between 29k to 30k is a critically important price range that requires close attention. It has played a pivotal role in differentiating between the bull and bear market. As soon as the price broke below this zone, the market was deemed to have entered a bear market, while staying above it signaled a continuation of the bullish trend . Currently, the price is once again testing this critical zone, and its behavior here will be a determining factor for the market's future trajectory. A hard rejection from this level could result in a sharp decline in price, while a breakthrough could propel the price upwards to the range of 40k to 47k . Thus, investors and traders alike should closely monitor the price action around this zone to make informed decisions regarding their investments. But the weakening trend and Fair Value Gap on multiple time frames point towards a downward move! ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
CRYPTOCAP:TOTAL2
by MBM_Crypto
4
TOTAL2 - Crypto m. cap excluding BTCThe Altcoin market cap is struggling to break the $620B mark. If breached, expect a surge in Altcoin activity. But remember, Altcoin performance is closely tied to BTC, so a dip in BTC price will hurt Altcoins too. Keep an eye on the $620B mark if you're looking to trade some ALTs ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
CRYPTOCAP:TOTAL2
by MBM_Crypto
TOTAL2The Total 1 index, which indicates the total value of the crypto market, has reached its weekly resistance, as shown in the picture, while the Total 2 index, which indicates the value of the crypto market minus the market value of Bitcoin (i.e. Ethereum and others), has not yet reached its weekly resistance. This is an indication of the survival of altcoins compared to Bitcoin. In the previous analysis, possible scenarios were presented with regard to the dominance of Bitcoin, which should be seen if this survival will be compensated or if the reason for this is simply that the market is less favorable to altcoins compared to Bitcoin. It is also logical
CRYPTOCAP:TOTAL2
by MrHunterTradeInsight
1
Altcoins channel cross⭐️Altcoins channel cross⭐️occurred in November We are now in the gray accumulation phase When we see a close above the channel we will be in the pre-bull run phase until the next cross⭐️leads us into the main bull run phase RT & Follow appreciated dear Crypto Nation🤗 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
CRYPTOCAP:TOTAL2
by Crypto4Everybody
3
Alt Market on the VergeThe alt coin market is on the verge of a potentially volatile move, with several interesting factors at play. The recent candle close above the 0.5 Fib fan, which has acted as resistance, now appears to be holding as support, signaling that something significant may be stirring However, the most critical chart to watch right now is the Bitcoin market cap dominance. In the past, whenever the RSI poked outside the 70 zone, it signaled a bottom for the alt coin market. Last week's close put us just past that 70 zone, and it took 91 days for the dominance to come back down to the range. During that time, the alt coin market moved $285 billion and $255 billion dollars. Therefore, a move of $250-300 billion from where we are now could put the market cap at around the 0.382 Fib and under the 0.75 Fib fan. This is one of many reasons why I believe the top for the market will be in late June 2023. I use Fib time sequences frequently with great success, as we caught the big move down in the market months before it happened last year. We plan to do the same this year. So, when will this move happen? For me, it's straightforward. Once we break the support on the USDT dominance, we will see the next and possibly final leg of this relief rally. The entire year, we have failed to break this level, which shows very strong support. However, I am confident that a break of this level will signal the start of the next significant wave up for the market. There is alot of money to be made in the next 90days its going to be a easy x2-5 on most alt coins the move is going to be volatile , greed will come into the market heavily but come late June 2023 it will be over so there is very limited time to take advantage before the next big crash.
CRYPTOCAP:TOTAL2Long
by Sporia
2
The alt-token market is about to boom - wave 5On the above 3-day chart alt-token market dominance is testing resistance for the 3rd time (although technically speaking it is the 5th test if the two tests in January 2018 are counted). We all remember what happened to our alt positions in May and September is probably still fresh in our minds, a strong sell off. The 60% dominance level (blue line) represents almost 4 years of resistance. Once broken, it will result in a huge amount of capital flowing into alt-token projects, excluding those already overbought. Wave 5? To understand what I mean you’ll have to look up an older idea published last December: tinyurl.com Suffice to say the alt-token market dominance in this bull market cycle has comprised of several moves in accordance with Elliot wave theory. This 5th and final wave should bring alt-token market dominance to approximately 90%, as per this idea: When will it get there? No idea, however I’m leaning towards the 2nd quarter of 2022. The 5th and final wave will be explosive and euphoric. A hideous bear market will follow. Make the most of it. Good luck. WW
CRYPTOCAP:TOTAL2Long
by without_worries
94