TOTAL2 This is a personal opinion, in my opinion we should expect altcoins to fall by 40-70%, it depends on the project, so let's act smart, if you invest in altcoins, reduce the risk and save your profits and wait for the fall.Because we have reached a ceiling, the probability of this ceiling breaking is very low.
TOTAL2 trade ideas
BIGGEST ALTCOIN RECAP FOR 2024We give glory to God Almighty for the gift of life and good health. As the year 2024 draws to a close, it's the perfect time to prepare our altcoin recap and reflect on the progress we've made.
A big shoutout to TradingView for providing this incredible platform that empowers traders to learn, share, and grow together. Thank you, TradingView, for all you do!
This post is dedicated to reviewing and revisiting all the altcoin requests submitted throughout the year, from January to December. The goal is to ensure clarity and provide updated insights as we wrap up the year and prepare for BIGGEST ALT SEASON 2025.
Links to the analyses can be found here:
December:
November:
October:
September:
August:
July:
June:
May:
April:
March:
February:
January:
Here’s how it works:
Visit any of my previous posts and locate the analysis of the altcoin you’re interested in. Copy the link to that analysis and paste it here in the comments, along with your specific question or request. Your questions can include:
Requesting an update to the existing analysis.
Asking for a fresh analysis from scratch.
Let’s dive in and collaboratively complete our final recap of 2024 altcoin analyses. This is a chance to refine strategies and prepare for the opportunities ahead.
Share your requests, and let’s get to work!
ALTS Market Cap Chart AnalysisThe ALTS market cap has broken out of a descending broadening wedge, triggering a strong bullish rally. However, it is facing resistance at a key horizontal supply zone.
The Ichimoku Cloud shows strong bullish momentum, indicating the possibility of a continued upward move. A decisive breakout above this resistance level could trigger a significant rally, further strengthening the upward trajectory of the ALTS market.
For updates on other coins or personalized insights, feel free to reach out to DM.
@Peter_CSAdmin
Altcoin 2025 bullrun cycleI think it is no secret to everybody that Bitcoin and Altcoins (including ETH) are very much correlated. But they do have a certain lag in impulses.
On the chart you can see altcoin market cap vs Bitcoin market cap (High values). As you can cee, Bitcoin had a new All time high which is ~53% higher than the previous one, while altcoins didn't manage to break the Total market cap ATH. But percentages are not the only thing interesting to us. We are also interested in the dollar delta between them and which one is higher.
We only have two major bullish cycles to analyze, therefore any conclusions made frome them may not guarantee that next bull run will be similar.
First thing I could notice is that capital flows as follows: new money coming into market first boosts bitcoin and when it goes into its parabolic growth state, Bitcoin market cap is higher than that of Altcoins. And as you can see on the chart, when altoin market cap surpasses bitcoin, it means that most likely that capital inflow into crypto slows down. And most likely it signals near beginning of an overall bear market. I think we should closely monitor this and be ready to start selling when the two lines close once again.
Another point of view is the next ATH for both bitcoin and Atlcoins. As I predict in , for bitcoin the next ATH will be around 115-200k and therefore mcap will reach around 3-4 trln.
This means that ATH for altcoin mcap will be around 4-5 trln and be ready when CRYPTOCAP:BTC.D becomes lower than 50%.
Let's see how this turns out.
And by the way total mcap doesn't define each altcoin growth so each coin needs to be analyzed separately.
Alt coins So on the daily the Macd is bearish right at the 0.61% retrace from the recent lows . I don’t know if it will recover completely but if bulls can keep the momentum it can flip to bullish as of now can go either way a retest of lows or recent highs . Keeping some cash on the sidelines just in case
Is a massive correction for alt tokens about to print?This is a short term forecast affecting anything inside the TOTAL2 market cap. That is the entire crypto market excluding Bitcoin.
The crash is forecast to occur over the next 14-20 days.
In four days from now a “life cross” will print on the above daily chart, it is inevitable.
What is a life cross?
It is when the 50 day simple moving average (blue line) crosses up the 200 day simple moving average (red line)
AND
Price action is above the 200 day simple moving average.
The majority of market participants see this as a positive sign. A green light to enter long positions. However for you lucky what is it now wow 14,000 followers (thank you!), you’ll now know it is not what it seems. Like me you're scientific about all this and look left.
But before we look left, I want you memorise how far TOTAL2 market capital is above the 200 day SMA, about 30%
November 12th, 2023 life cross -10% correction
Price action was 20% above the 200 day SMA
February 18th, 2023 life cross -15% correction
Price action was 15% above the 200 day SMA
February 2020 and May 2020, -70% and -17% corrections
Price action was 57% and 20% above the 200 day sma
April 13th, 2019. Life cross -23% correction
Price action was 34% above the 200 day sma
In summary, the further price action was above the 200 day SMA the harder it dropped.
We can infer that a 15-20% correction should be expected across TOTAL2.
Use this low as an opportunity to collect your favourite token from emotional sellers.
Ww
TOTAL2 - Current Rejection and Following BreakoutRejection is occurring at the red dotted horizontal line which is the prior ATH for TOTAL2.
I think this rejection will be short lived and price will recover at the green circle and continue the bull run into mid Feb
The larger triangle structure shows this breakout
Pullback then bulls take control again
TOTAL2 - Fib and Channel Support0.786 fib shows a strong support point with prices continually being rejected to the bullish side
As price has dumped to this level I ask will this bump back up again as it has in the past?
This dump can also be plotted in with a long channel of the bull run we have been having, showing support at the bottom of the channel.
I'm still bullish over this temporary retrace
Total 2 alt coins So on the weekly timeframe total 2 alt coins resistance is previous all time high . around the 1.60 trillion . rsi on the daily is 83 most of the alt coins rsi is very overbought still , wont be surprised if a pull back happens this weekend . Will keep watching to see it does pulls back as of now it can go either way but am leaning towards a small retrace
#Altcoins super cycle has just begun!#Bitcoin dominance monthly rising wedge breakout and breakdown completed!
#Alts market capitalization OTHER TOTAL3 AND TOTAL2 The breaking and closing of the handle cup formation that formed on a monthly basis has been completed.
We are moving towards #Altseason in an environment of Denial and Disbelief!
Total 2 With Total 2 chart breaking the cup and handle and its first resistance now we are getting close to the major resistance on this chart. I expect a pullback and then continuing the uptrend.
Also check my ideas in my profile about USDT.D and Total charts for better understanding.
DYOR
Goodluck