Hello Traders 🐺
In this idea, I want to talk about TOTAL2, which represents the Altcoins Market Cap (including ETH) — but why is it so important?
In every bull run or crash, TOTAL2 helps you visualize the bigger picture. It lets you estimate potential tops or bottoms for the altcoin market and gives you perspective on when an Altseason might begin. Because let's face it—when the market is euphoric, people tend to exaggerate price targets... but having a chart-based framework keeps you grounded and helps you make better decisions.
🕵️♂️ Let’s start with the Daily Timeframe:
📊
We’ve been in a 200-day bear trend—but in my opinion, that’s about to change.
The price is currently trying to break above the red resistance box, and if it can hold above this level, that would be one of the clearest signs of a trend reversal.
This structure also shows signs of a bullish continuation, and I believe a solid ETH pump could be the catalyst to push TOTAL2 past this critical resistance.
📌 Price target?
Roughly 1.65T, near last year's high — which would be a +40% move from here 🚀
🔍 Now let’s zoom out to the Weekly Chart:
📈
On the weekly timeframe, price is moving within a strong ascending channel, consistently respecting support and resistance.
But the real magic happens when you zoom out:
There’s a gigantic triangle formation, and a breakout from the upper resistance could signal the official start of Altseason 🔥
I hope you found this idea helpful!
Keep your eyes on the chart, stay smart, and most importantly—stick to the golden rule:
🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺
🐺 KIU_COIN 🐺
In this idea, I want to talk about TOTAL2, which represents the Altcoins Market Cap (including ETH) — but why is it so important?
In every bull run or crash, TOTAL2 helps you visualize the bigger picture. It lets you estimate potential tops or bottoms for the altcoin market and gives you perspective on when an Altseason might begin. Because let's face it—when the market is euphoric, people tend to exaggerate price targets... but having a chart-based framework keeps you grounded and helps you make better decisions.
🕵️♂️ Let’s start with the Daily Timeframe:
📊
We’ve been in a 200-day bear trend—but in my opinion, that’s about to change.
The price is currently trying to break above the red resistance box, and if it can hold above this level, that would be one of the clearest signs of a trend reversal.
This structure also shows signs of a bullish continuation, and I believe a solid ETH pump could be the catalyst to push TOTAL2 past this critical resistance.
📌 Price target?
Roughly 1.65T, near last year's high — which would be a +40% move from here 🚀
🔍 Now let’s zoom out to the Weekly Chart:
📈
On the weekly timeframe, price is moving within a strong ascending channel, consistently respecting support and resistance.
But the real magic happens when you zoom out:
There’s a gigantic triangle formation, and a breakout from the upper resistance could signal the official start of Altseason 🔥
I hope you found this idea helpful!
Keep your eyes on the chart, stay smart, and most importantly—stick to the golden rule:
🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺
🐺 KIU_COIN 🐺
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.