THERE WILL BE NO ALTSEASON. ITS WILL COME BACKK!!!!hehe we are now in the stage where people are derisking for whatever reason.
They need to ape back in to become invaluable exit liquidity.
How you might ask?
Alt season
TOTAL2 trade ideas
Alt-coin market preparing for a 10x moveAmazingly everyone is still bearish. The ideas on Tradingview talk for a 30-40% correction as does much of social media. Popular cypto Youtube channels share a similar narrative. Terrific stuff.
As a contrarian my opinion is very different from the crowd. Whether that be stocks or crypto. Am certainly walking in the opposite direction from everyone else.
The above 4-day is chart is the Crypto market total without Bitcoin. Some highlights:
1) Price action has broken out of a 2-year resistance trend line.
2) The resistance has now confirmed as support.
3) The green line. This is the GRM. The Golden Ratio Multiplier. When price action closes candle bodies above here, big moves will follow. Just as candle bodies first closed under the GRM back in April 2022. Look left. Big moves come next.
5) The 10x comes from the the wedge breakout. The flag pole is used to measure the market top following a break of past resistance when the 2021 bull market began.
A word of warning. The uptrend will not be equal across all alt-tokens, I'm quite certain of that. Throwing a wide net out across the market will not work as in 2017, you've got to be selective. Chose wisely!
Is it possible the market corrects further? Sure.
Is it probable? No.
Don’t you just love recessions?
Ww
Still Fading Alts?Many people are becoming overly bearish at what I think is the worst time - I'm of the view we're going to continue pumping the majority of this year and many will be left side-lined through fear.
TOTAL2 Altcoins Market Cap 1D chartWhich direction?
If ALTS market cap keeps the middle line of the flag, it may break the Ichimoku cloud which is confirmation of bullish momentum.
If it loses the middle line, it can retest the support1 ~ support2 area. Then it will go up.
Total 2- 2020 - 2021 Bull RunDid you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: @frmnCapital
Total 2- Ready To Upcoming Bull Run 2024 - 2025Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: @frmnCapital
My personal tp levels on Alts #Nfa #DyorPersonal Altcoins tp strategy , looking forward to a long term trading and not short term
TOTAL2 - IdeaA long term idea for the market cap of alts
Aiming for 10T and the green line
I like MATIC the most right now.
TOTAL2 APR 2024 SAME RANGE AS Q1/Q2 2022 ON DAILYFive months for Jan - May 2022 range on the Daily. Will current range (at the same level) go for 5 months before alt season starts?...If so, that puts alt season starting late July.
#TOTAL2 Altcoin market capitalization is approaching a strong s#TOTAL2
Altcoin market capitalization is approaching a strong s/r zone👀
This zone is seen as a healthy retest point and expects a bounce from this level📈
It is recommended to wait for the weekly close, as there may be an additional 5-10% decline in altcoin prices☝️
Still have chance for altcoinThere's still a chance for altcoins until mid-2024.
Market makers likely leveraged the Grayscale GBTC sale (to cover debts) to spook new entrants. Meanwhile, some whales are still actively buying large amounts between 41k and 43k.
Now is not the time to sell anything; it's a buying opportunity. Expect a selling wave when BTC reaches 53k again.
Please note that this is not financial advice.
ALTS withstanding the final Resistance before ATH rally.It couldn't be any more simple than that. The altcoin market is having the last short-term correction before an surge past the All Time Highs (ATH). The Pressure Zone 2, which is the Resistance Zone coming off the Bear Cycle's first Lower High, is the last volatility variance and effectively last opportunity to enter before alts start the most aggressive part of the Bull Cycle.
As you can see, they traditional lag behind Bitcoin (BTCUSD), which has already broken past (even marginally) its previous ATH. The pattern is identical to the last Cycle and based on historical behavior, there is no reason to expect something different this time too.
Get ready for a very aggressive Altseason.
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TOTAL2 update; ends sooner than you thinkTOTAL2 update; ends sooner than you think
now some months have passed we can see reasonably clearly where we are at since the last analysis right at the start of the macro move up.
obviously black swan etc can ruin this or it just does it differently this time. prob not though tbh and if there is a black swan id bet its around those dates. the events tend to fit the chart for some odd reason not the other way around.
leaning towards the early version. im seeing mid april on a lot of other fractals. basically double tops or just slightly higher last highs then splat.
or it just keeps marching up and up and we all get raris and citadels.
im good with either.
lfg
gl
Total 2 market highs @ fib 0.236Total 2 market highs @ fib 0.236 would be a great profit Sheds interested area
#Hodl #long term views #DYOR
Total 2 market highs @ fib 0.236Total 2 market highs @ fib 0.236 would be a great profit shedding interested area , Altcoins this cycle must go greatly well
Pls #DYOR
Total 2 - daily time frame 2 entries scenarios on daily time frame after ALTs correction based on previous analysis
1 based on FVG and .38 fibb
2 according strong supports area and fibb .61
TOTAL 2 DAILY TIME FRAMETotal to seems to start forming down trend after fail to break big resistance.
High potentials to continue falling down until drops to first major support area (green line)
Altcoins Strong Long Just finishing 3-2 correction and about to head off to hit 3-3, 3rd Impulse wave Summer 2024.
If you're not buying?? Then WTF r u doing? :flushed: PT2Rocket is flying and going higher and higher, Weekly close here above major level tells us the weeks ahead will bring NGU for all.
TOTAL2 hope we go break through to upsideBullish flag is obvious but we saw tons of examples of failure of this pattern. Let's hope the best and break th 1.2 resistance.
ALTcoins May Resume Higher SoonCryptocurrencies slowed down after strong rally into wave 3 of an ongoing five-wave bullish impulse, so current sideways consolidation should be just a correction in wave 4.
BTC dominance is actually still here and Bitcoin can be already progressing wave 5, but that's why ALTcoins are currently slower than BTC.
However, looking at the TOTAL2 Crypto market cap, which excludes Bitcoin, it looks like nice and clean bullish triangle pattern in wave 4 that can be coming to an end with final subwave (E).
So, soon be aware of a bullish resumption within higher degree wave 5 of III, which can push BTC and ALTcoin friends even higher.
alt szn?alt coins have been bullishly consolidating for the past month, this is looking very promising as a lot of indicators got reset and btc is breaking to the upside as well.
will be interesting to see if btc conintues to pump even after halving, (normally likes to dump on or after halving) with buy the rumor sell the news. all in all crypto is looking very bullish and healthy and the dips are for buying.
