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ALT

Crucial pivot point : Altcoins are in trouble if no higher highComparison of a same bubble structure between the Silver bubble and the total market cap of crypto (exl. Btc) If alts don't produce a higher high around here, then new lows are to be expected, with a slow and long decling of several years. Of course maybe a few alt coins will probably survive this pattern and will show a more bullish pattern than shitcoins and other alt coins, but this is a very important warning, as this bubble structure is so far 100% identical. Humans reproduce the same patterns on charts as our behaviour and nature does not change, and will never change. I am absolutely not against Alts beeing destroyed, as a large majority of them is a cancer to this space, and the crash of the majority of alts would educate the market in the way of driving dumb speculators into bitcoin maximalists, which is not worse. A little zoom in shows the Smma totally blocked the upmove of the altcoins market cap : Daily shows a golden cross, but the moving averages are already pointing to the downside, so i don't exclude a bearish cross to happen. Last note about the Silver chart that produced the exact same bottoming pattern as the Bitcoin chart of 2015:
CRYPTOCAP:TOTAL2
by Giovi6969
6
Alts Last line of support Total alts cap broke out the ascending channel and looking for discovery below the channel. If we count the wave, then we should be nearing a bottom any time soon. We are sure everyone is surprised why the alts seems to still be in a bear market. Some alts devs can , we can count a number of projects whose devs don't have money to run the project anymore , some devs have dissapeared and left the project to the community without enough funds to continue. So what we might be witnessing in the next couple of months might be real capitulation. Though Ethereum is responsible for more than 90% of the alt coin sphere,which means some the alt dev exit plan might be to sell as much eth n alts as possible into bitcoin , then into fiat , which in some other theory might be the actual reason for the bitcoin pump, but then we never know . as seen previously alts with good fundamentals should really pump hard when bitcoin starts reaccumulating at its 0.618 fib level. Watching the support and bitcoin at 0.618 fib level to see how alts react. Now fewer newbies to trick with buzz words, it is projected some alts might not survive this season.
CRYPTOCAP:TOTAL2
by ekeneobi
BTC Dominance streak ending soon? Is Alt season coming?Hi guys its Brian here. We may potentially see BTC dominating streak come to an end soon which can be a good thing for alt coins. As you can see from the BTC dominance chart, it has been on a steady rise leading to alt coins bleeding as BTC gain dominance over them. However it is now reaching the resistance level and if it doesn't break through, then BTC dominance could go back down and let the money flow into the alt coins instead. Looking at the way alt coin market is currently, I would say it is about time so I would keep a look out for the incoming alt season as it can be a big one seeing how low most alts have gone down. www.brianchai.com Free Trading Group (signals, news, price alerts & more!)
CRYPTOCAP:BTC.D
by BrianChai
Alt coins Market Cap (With example bitcoin) from current to HighAlt coins Market Cap (With example bitcoin) Bitcoin have same structur (Bitcoin correction or flat) Altcoins go UP in 2016. Maybe same scenario in 2019? Maybe we will repeat the scenario of rapid growth of altcoins. Many have already lost faith in the Altcoins. Similarly, it was with the bitcon on the price of 3000-4000. Altcoins as you know, are about 300% behind Bitcoin. I remain optimistic about the growth of altcoins.
CRYPTOCAP:TOTAL2Long
by UnknownUnicorn285026
5
TRON - Support - Bullish EngulfingTRON - Support - High Engolfo. TRX / BTC just touched your biggest support. We have a high, very powerful ENGOLFO candlestick Pattern. Every time we touched this support, we had a shot in PAR TRON / BTC. The risk is worth it. Engolfo is a standard BULLISH. Observing the DOMINANCE of the BTC, we have a possible DOUBLE TOP. We are very close to an "Alt SEASON" This time whales multiply their BTCs. Welcome back to 2017. Are you ready? It will be the biggest BULL RUN of ALL! HERE WE GO! CAME OUR TIME! ALT SEASON 2019!
Long
by ferGOD
1
BTC to $8200 or lowerAfter a highly exceptional run bitcoin reached it's 3.618 target, with percussion. BTC saw it's value reach, in perfect fashion, the 3.618 advancement line. Also consider Bitcoin's Dominance found strong resistance at a perfectly measured Gann Fann Please see related idea: From here, I see two possible scenarios playing out for Bitcoin. Either, the bear market is truly over and this 5-impulse wave up was just wave 1 of the larger move to come, in which case look to the blue up arrows and green & orange boxes. This could see the price achieve a new all time high for 2019. $22,528 OR It was all the US/China trade war and a trade deal announcement and deescalation of tensions between the US and China. Such an event would happen over the summer. Between potentially next week and say labor day or end of September if you wish. I think we will have a better picture of things to come by the end of June and again by the middle of July But in any case, I am quite confident the price of bitcoin will do some type of correction trend lower over the next 1-3 weeks. (Probably 3 - until the middle of July). short targets - just follow the Fibonacci road! Green boxes are pretty safe bets, IMO. 1) $9316 (green zone - high prob) 2) $8136 (green zone high prob) 3) $7183 (Yellow zone - med-high prob) 4) $6229 (Orange zone medium prob) Long targets for Wave 3 (Bitcoin will eventually achieve ALL of these targets, and beyond.) 1) 11,280 2) 13,530 3) 15,779 4) $18,029 5) $22,528
COINBASE:BTCUSD
by jdharward