TOTAL 3 short time targets are indicated in green arrows(q4 to q1 2024)
mid/large time frame targets in orange arrows (end of the bull run in my opinion)
notice : i like to be early and nail the moves before any one expect them , but , further update are needed , and we will post them when times come !
this is not a financial advice .
this analysis based on a hypothesis that we will have another bull run in the crypto market .
thank you
TOTAL3 trade ideas
THE ROAD FOR 2,5 TRILLION ALTCOINs MARKET CAPHello traders, i would like to share with you this idea about where we are in the altcoins bull market right now.
In the past cycle, after we broke up from 90 BI key resistance we rallied to about 900 BI. That was about 10X.
In this cycle, being conservative, I expect a 5x from the key resistance and a 3,5x from the point we are right now (blue box). That would give us a total market cap for the allcoins of 2,5 Trillion USD.
I will be selling all my coins when we get to this level. I expect to be the end of this bull market.
What do you guys think?
Cheers
Could Crypto Market Cap Reach $10 Trillion? Examining the ElliotThe cryptocurrency total market cap appears to be following a pattern consistent with wave five of the Elliott Wave Principle. This could lead to a significant price increase exceeding $10,000,000,000,000 as some analysts predict including myself? We are in der.
PI cycle predictive power for ALTsThe Pi Cycle Top has been used to accurately predict (usually to within several days) the cycle top for BTC in every major cycle since its inception. Can it be used to predict the top in the ALT market 'Total 3' (crypto market cap minus BTC and ETH)? As can be seen from the chart this would see the ALTs market cap tapping out at circa 2.7 trillion dollars, especially likely if this is a left-translated cycle (my rudimentary chart drawing should be taken as one possible outcome, if thing continue as they are in a left translated cycle). The scale is logarithmic; this means that the linear upper bound may not be accurate as there isn't enough data to draw a curved line of best fit. It also has to be noted that in the last cycle BTC reached its true peak 7 months after the Pi cycle top so technically the indicator doesn't always get it right, however in the grand scheme of things, the price difference was marginal if you got into BTC during the depths of the bear market. It also has to be noted that, so far, with ETH included in the total ALT market cap ('Total 2'), the Pi cycle has been very unreliable, however that is largely skewed by ETH dominance. In the last cycle, for Total 3, the indicator missed the top by around 300 billion dollars. If you got into ALTs during the bear market and then tapped out when the indicator flashed, you would have made great gains but this further pump of 300 billy would have probably left a sour taste in your mouth.
Since BTC has hit an ATH before the halving, its increasingly difficult to make any serious predictions based off past data. If we see a big dip and consolidation in ALTs around or after the halving, then this could return the cycle timeframe to a more 'normal' course. Will BTC ETF inflows and subsequent holding, reduce capital flow into the ALT market and prevent an 'ALT season'? Will a lack of cheap money due to fiscal policy cause a very different cycle to the last one?
Personally, I'm heavily into ALTs but I will start locking in ALT profits when the Pi cycle flashes on BTC and leave the rest to run for potential parabolic movements, whilst monitoring the Pi cycle indicator on the ALTs.
Altcoins Excluding BTC and ETH Surge: Navigating Key Levels Towa🚀🌟 Altcoins Excluding BTC and ETH Surge: Navigating Key Levels Towards $1.2 Trillion 💹🔝
Time to dive into the dynamic world of altcoins, focusing on the "Total 3" market cap which excludes Bitcoin (BTC) and Ethereum (ETH). This segment of the crypto market has shown remarkable performance, especially after breaking free from a significant yellow descending channel. This breakout was a clear signal of a burgeoning bull run. From a market cap of $352 billion, we've witnessed a climb to $254 billion. But the journey doesn't stop here.
Two pivotal levels stand out in this upward trajectory. Firstly, the $697 billion mark serves as our trend line support. Ascending further, the $938 billion level emerges as the next crucial resistance point. The potential to breach the $1 trillion ceiling is within grasp, aiming for a blue-sky target of $1.2 trillion. This ambitious goal underscores the bullish sentiment permeating the altcoin market.
In the midst of these market movements, one sector deserves our special attention - AI utility within the crypto industry. The synergy between crypto and AI promises to ignite an explosive and intensely captivating sector, poised for significant growth in the forthcoming months and years. Our recent exploration into custom AI solutions and their transformative impact on the crypto universe is something you won't want to miss.
As we continue to chart the course of the Total 3 altcoins market, my analysis remains a steadfast guide on TradingView. The accuracy and foresight demonstrated thus far bolster confidence in the continued relevance and success of these insights.
Stay tuned for more updates and analyses that help navigate these exciting times in the crypto market. Remember, the journey towards understanding and capitalizing on these shifts is ongoing, and I'm here to guide you through each step.
One Love,
The FXPROFESSOR 💙
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Altcoins (Total3) UpdateI think the moment has finally come, we are about to see the formation of the handle, and hopefully alts correct alongside BTC into mid April. A 60% climb to all-time-highs over the coming months. Then we will likely see a few bull market corrections brutal in nature.
-Short-term we tap the golden fib again and possible flush downward 50B or so
-Medium term rocket ship to 1.1 T
-Next Spring/Summer we are baffled by how insane the high momentum alts have gone
Alt Season Reversal soon?Alt Season Reversal soon?
So far bullish season on alts going well. We might see a retrace near 800B. 823B is my point of interest where alt can go for liquidity run.
there is clean bullish divergence on USDT>D with Market Cap indicating a bullish move and a final leg before it retraces
total 3 projection till mid of may 24total 3 projection till mid of may 24 as a continue of previous fractal projected on nov 23
we target approx. 1T before 3rd week of may this will result a nice alt season continuation till ETH. ETF approval before the long bull run starts on July 24 we will update later
ALTCOINS Update ! Resistance hitHere this chart total altcoins with no btc and no eth...clearly show us some resistance
1. Scenario number one - most of the altcoins will break this resistance and PUMP
2. Scenario number two - bitcoin will pullback and altcoins won't pump
Note: this is a short -term scenario -> it happens every cycle.
Take Care ✌️
Altcoin Dominance excluding stables at the critical pointHey all,
Altcoin Dominance excluding the stable coins is about to break the descending channel as same as 2020. However, 4 years ago in a very similar point the channel could not be broken and the all crypto market went down like 20-50% from their tops and then Bitcoin has started real bull run. During this real BTC bull run, many altcoins lost their values against BTC around 50-75%. After the BTC bull run, altcoins made 5-10x as average.
So, I'm holding 50% BTC and 50% alts. If a similar thing happen like in 2020, I will be happy to hold enough BTC and then convert them into altcoins at some point. So, I'll leverage BTC gains with altcoin gains as well. If not it means that descending channel to be broken and altcoins will do a really crazy rally and I'll be happy to hold 50% altcoins.
These are all my opinions and not financial advise.
Please do your own analysis.
Cheers!