When #AltSeason begins?Altcoin marketcap has reached 708T USD for the first time since May 2022.
If the marketcap went up to 720-750 T , Bitcoin sideways and the BTC Dom been weakens, so the Altcoins will prepare to take off.
TOTAL2 trade ideas
🔥 Altcoins Most Bullish Since Summer 2022The total altcoin marketcap (which is the total marketcap minus BTC's marketcap) has reached a new high since the August 2022 top. With a BTC trading around 42k, it was a matter of time before rest of the market started moving upwards as well.
In my view, this is one of the most bullish things in the market since it has been overall just a Bitcoin party (check out the Bitcoin dominance for example). Let's see if we can convincingly break out of the ~1.5 years of accumulation.
For now, I'm looking at a near-term target of 860B and a 1.25T long-term target, which is essentially a 2x on the entire market. We will get there somewhere next year.
Things are looking great for crypto.
Total 2 Range IdeaUSDT.D is gaining dominance. If BTC dominance weakens then the market will move down. We have confluence at the VAL and imbalance level below us. There is a closer golden pocket above but doesn't look promising at the moment. Just some levels to be aware of.
alt seasons/UP onlyits been down only/choppy for many, fear not once this massive resistance is cleared it will be a mega Alt season for all aka UP ONLY season.
total2And in the case of Total 2, there is a heavy resistance range in this price, which can touch higher numbers if it is crossed. It should be noted that we have already identified this area where the price is located and we have updated it now.
ALT COINS - IS IT TIME???Hey Gang!
Been a while - But it may be time for the crypto space to be coming back to life again!
This is the market cap of all altcoins as we can see here we had what seems to be a successful breakout and current retest of money flowing into altcoins
Grabbing a bag of any top 20 altcoins - cant go wrong imo
Altcoin Market Poised for 40% IncreaseTime to start charting the new bull run.
After painful lessons learned in the past 2 bull runs... this cycle is the one of all ones.
Trading system refined. Trading psychology constantly being worked on. Knowing when to buy is the easy bit. Being able to sell at the right time is where the magic happens.
As we can see on this monthly TOTAL2 chart (alts minus bitcoin), the collective altcoin market is poised for a 40% increase. MACD momentum is pushing into green. Price action is hovering at resistance, peaking above many months of conslidation. The Wyckoff accumulation pattern is evident.
Only another blackswan event could dampen the market at this moment.
NFA
6 Altcoins that could POP as soon as this weekend!Traders,
Just wanted to cover my current trades/trade strategy as well as some potential winners. I have picked out a short list of coins that could pop as soon as this weekend or into next week.
If you don't want to watch the whole video the coins are: DOT, GODS, Powr, APE, Storj, and JASMY.
Best,
Stew
total 2Total two important indicators for alt coins.According to total 2, the rise in alt coins is starting
double bottomed.It's too early to say anything but the bulls may be starting for the bottoms
ALTS Exciting time to be invested in the crypto market.The altcoin market is one of the markets that deserves our attention as we close 2023 and start the new year. We have been mentioning that on numerous analyses but the current idea couldn't display it in a simpler, yet more informative way.
As you see this is the total market cap excluding Bitcoin (TOTAL2) on the 1M time-frame. The 1M MA5 (blue trend-line) is about to cross above the 1M MA20 (green trend-line) and form the first such Bullish Cross pattern since April 2020. The only time besides this one that we had such pattern formed was on February 2016. What followed after both sequences was insane parabolic rallies, what is known in the market as 'altseason'. The 1M RSI patterns of the current and the previous Cycle are identical, starting with Lower Highs and now pointing to the exact symmetrical level of April 2020 as the RSI is taking off.
Insane alt season just starting?
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Looks Like ALTSEASON Is About To Start!By the looks of it Altcoins are going to have a mega partytime starting right about now!
Not financial advice but I would surely would like to have altcoin exposure now.
Alts overview After a bullish january , i do not think that we will have another moon february imo .
For chart perspective , we broke the pannant , but we do have strong double ressitance , the trenline and the ichimoku weekly cloud. That act as a strong resistance for prices .
I think that we will make a fake out and we come back to the pannant eventually , unless we will have a very good news that will make the prices soar in the other direction.
This is not a financial advice , only Ta and Fa opinion.
Thank you
Time for ALTS to decide ? alts has been consolidating for a long period of time now , the market is boring , i think its time for some volatility , BVOL in support , FOMC this week , and we are in December .
i have indicated the zone that the alts would probably target if the decide to go to down/up side ,
this is not a FA .
thank you
Next leg down for ALTSI see that the next leg down for alts would be in the indicated green zone ( this would give us -20% from june lows to -29% ) .
the zone have confluence with HOSODA target for N wave , fib clusters , support zones .
the chart excludes stable coins , btc and eth , just to be precise and to really represent alts .
this is not a financial advice .
thank you
Total 2 potential bottomi think that the bottom of the total 2 would be at 150B , based on HOSODA wave theory and fib levels .
that would give us another 75% fall for ALTS .
not a financial advice .
thank you
ALTS potential bottom the green zone is a potential alts bottom based on HOSODA wave theory and fib levels .
not a financial advice
thank you
ALT Season Is Starting - Total Market Cap 2MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This video and chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
CryptoCheck Team
Altcoin Market Cap: Destined to reach 6 TrillionAlt coin market cap reaching 6T is no longer a dream, its just a matter of time.
In the previous run altcoin marketcap increased from 40B to 1.8T, which is a very significant increase of 45x.
If we see similar run this time, then 45x of 430B will be 19T, even if it reached half of this (9T) then its gonna be a huge win for altcoins. we can expect some coins to hit 100x or even 1000x.
If we look at the MACD, in the last cycle (2020) after the MACD cross market cap increase exponentially, and we are currently seeing MACD getting ready to cross and market is getting ready for bitcoin halving with positive sentiment. Overall we are very confident on MACD cross and altcoin reaching the market cap of 6-9T easily.
Let's wait and watch, give a boost and share your thoughts in the comments.
Cheers
GreenCrypto
TOTAL2The Total 2 chart hit the resistance and on the other hand, it has a pullback to the neckline from the head and shoulders pattern. For now, there is nothing to worry about unless it breaks the neck line down.
As long as it does not go below 600, there is no danger, it is also good ;)
585 -> 770Looking for a pullback to 585. this will satisfy the wick from 7/10 retest, the VPOC is about 572 so that's another target in that range we could see. Once we make that Continuation to 770+ from the ISH seems likely.
Altcoin Market Cap FoundationRecent trends in Altcoin Market Cap indicate a setup for a powerful movement, with a remarkable 90% of altcoins showcasing significant strides since October. This surge is not just numerical; it's embedded in the daily price structure, adorned with robust bullish patterns, notably the Falling Wedge, Triangle, and Triple Bottom.
Since the beginning of October, altcoins have been on substantial movement that haven't gone unnoticed by traders. The market dynamics suggest a palpable shift in sentiment, with a majority of altcoins contributing to the sector's collective momentum.
The daily price structure reveals bullish patterns. Among them, the Falling Wedge is a classic signal of a potential bullish reversal, indicating that despite downward momentum, the market is gearing up for an upward shift. Additionally, Triangles and Triple Bottom formations, known for their bullish implications, further underscore the optimistic sentiment among altcoins.
Key Support Levels:
While the surge is exciting, seasoned traders know the importance of identifying key support levels. In this altcoin rally, the crucial supports to watch are at the $600 billion and $585 billion marks. These levels are pivotal for maintaining the upward trajectory and avoiding significant pullbacks.
Big Target on the Horizon: $1 Trillion Market Cap
As the altcoin market charts an impressive course, the big target on the horizon is the coveted $1 trillion market cap. This ambitious goal represents not just a numerical milestone but a testament to the growing influence and hype of altcoins.
In conclusion, the altcoin market is currently in a position of strength, with momentum building since October. The prevalence of bullish patterns in the daily price structure, coupled with identified support levels and a bold target of $1 trillion, paints a picture of optimism for altcoin enthusiasts and traders alike.
#TOTAL2 is currently testing a crucial S/R level (680b).#TOTAL2 is currently testing a crucial S/R level (680b) on the Weekly TimeFrame.
If you recall , BTC was testing the 31k S/R level a few weeks ago, and once it broke, we witnessed a significant pump.
Now, if there Breakout here as well, We minght see #Altcoins rally.
