The Altcoin Market is about to POP! Cup & Handle Pattern in PlayTopics Covered: Altcoin Market Cap Price Projections and Target Cup and Handle Pattern in Play 25% move up starting now Correlate this chart in conjunction with altcoin investment targets Long03:10by stewdamus337
The Altcoin Total2 Trade: Keeping it SimpleThis is another look at what I am calling "The Total2 trade" for alts. The I believe I see a fractal in Total2 which suggest an alt season could last more than a year. Blow By blow The light orange boxes show a multi-year consolidation on the altcoin market cap That consolidation lead to an initial break out into the blue boxes. In 2016 we consolidated for months between the 1.414 and 1.618 levels of the alt coin bear market retracement Currently Total2 is consolidating with the 1.414 acting as resistance with an apparent cup and handle continuation pattern. As of this writing we are less than 1% away from Total2's all time high with a massive bullish continuation pattern. If we have another couple of days similar to recent price action the cup and handle will perform with a target that sees the market cap go up some 70%, perhaps by the end of the year. My Conclusions Based on the previous price action of Total2 I do not see this move stopping at the cup and handle target. Rather I suspect coins will have vicious corrections when each of the ".618" fib levels are reached on Total2. As this is a trade based on Total2 I don't really know what Bitcoin will be doing at this time. Bitcoin has chopped between 30 and 60k for a very long time at this point, almost 300 days. If BTC does the same after impulsing for a couple of months we could easily see a 3-4 month impulse on bitcoin while it reaches highs at or above $100k and then another 300 days as it tops and decides if it will create a bull or bear trap. Whether BTC resolves itself bearish or bullish in 9-12 months gives the alts time to go on a tear. I am not a financial advisor but I will tell you what I am doing... I am taking coins that look bullish against btc and eth and looking to long those to target. What target? Well for my LTC trade I will be looking to close my margined longs where the fib levels showed relevance on the way down. In order to get a cleaner chart I have to look up LTCUSD/ETHUSD. Misc Musings As a neat thing to consider is the market cap of Gold or the SPX or some other major bench mark. In very short time the altcoin market could have more liquidity than the gold market. And a bit after that is the total market cap of the S&P500. Its almost crazy to consider. Another thing to think about is the almost 70T in wealth US baby boomers are estimated to put in the hands of their inheritors in the next 10 years or so. That wealth has to go somewhere. Also, it technology is suppose to revolutionize everything by being faster and cheaper than those savings have to go somewhere as well. I am kinda excited to see which crazy target we reach over the next year. www.goldeneaglecoin.com ycharts.com www.forbes.com Longby This_Guhy4413
😈😈😈😈If the cup and handle be shape, we can have a wonderful alt season, wait and see what happen 😈😻by crypto_elite_forever2
altscoinsalts are partying just like predicted, no wonder why accumulation hitting all time highs on 90% of the coins, some will rally higher than other that is why is important to diversefy, i think alts marketcap if they take out previos high then we can see easily way morre gains.. by Todopoderoso333
New Altseason - Are You Ready? Hi, this is my new update for Total Market Cap Exclude BTC. We are ready to set a new ATH soon. We have completed a cup and handle and by the definition of cup and handle we are going to repeat bottom to top (127% gains) again when we are going to break ATH. We have already broken one of the must important trendline today, so everything is ready to takeoff, so be patient and don't panic ;) Longby GOAT13755
Alt Season is Real !hey, it just needs to break the zone that I drew and confirm it then Alt Season! get ready people never forget investment principles and do your research before investing. good luck.by HajMmd3
Total 2, Why don't Altcoins move?!Hello my friend. This is the reason why Altcoins do not grow behind Bitcoin movement trend. The Total 2 is crypto market cap exclude BTC and now under major resistance. After break the resistance, they will grow very very well. You can consider it. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for meby ArashBanakar227
Alts vs #BTC Floor ApproachingThe alt market looks to be closing in on wave 4.2 completion against BTC with bullish momentum divergence appearing @ -78.2% on the 8h chart. T/A invalidation @ 100% retracement = ~1.027Longby theansweris42Updated 3
Total Market Capitalization (Excluding BTC) and Volume, $Total Market Capitalization (Excluding BTC) and Volume, $ Like and follow if you liked this idea!Longby Leon3x2
ALTS Soon To Fly? The total marketcap of ALT coins is currently looking really nice. I think we could see one last drop before we take off. All dependent of course on BTC but once BTC corrects and moves sideways look for alts to break out and fly. Longby Nutty_Trader118
ALL SYSTEMS GO FOR MOON MISSION $TOTAL2all systems clear for launch HA Smoothed Cryptojonics indicator in the green A long uptrend is likely to follow based on historic tendencies good luck! Longby GJMRealEstate2222
TOTAL2/ LONGThe greatness of charity is not measured by quantity but by the generosity of the soul!Longby tuananh9x3
Path 1 or 2? Bull run is already started!In total, for this bullish rally, we have two routes ahead, which are drawn in the figure above: 1. The green path that represents a hyperbolic rally and can explode the bitcoin price like last year. 2- Purple route, which is not more suitable for holders and in this way, most future traders in that route will be liquidated. Given the policies of the United States and China and the willingness of more companies and government agencies to buy bitcoins and invest, route number 1 does not seem to be happening. Because everyone is waiting for the sudden rise in the price of bitcoin, and this rarely happens in the ruthless crypto market. It also seems that most altcoins are in a six-month downtrend, which is catastrophic. So we probably won't see a sudden price increase, and this stems from the fact that exchanges want to bore old investors and annoy new investors. However, fundamental factors must also be considered. Good luck.by FireFlow335
Crypto is Ready!Similar patterns which will produce similar moves.The next 2 months are going to be incredible for the people involved in cryptoLongby Toni_G216615
total 2 boom ?" just for fun " Fews similarities with 2016... when total 2 new ath in 2016, it made x3 in few days. we would need much much money today, but maybe we cool expect a nice push up. But we need to cross the ath first... hope history will repeat. by martzouzouUpdated 2
alts marketcapsee the correlation between alts and btc domincace, every time btc dominance rises alts fall hard, we can see that clearly but not this time around, alts are holding while btc.d rises, and its aproaching resistance now, its hard to tell what will happen at that resistance but if it it gets rejected, alts could rally after holding the line , notice your alt is not crashing like the usuall, i think if the 48% resiatcne fails to hold then alts could start to fall but if it doesnt then they could rally big time,Longby TodopoderosoUpdated 445