Update long term crypto market analysis (#total2 ) $alts #Altseason #Cryptos
Update long term crypto market analysis (#total2 )
*Double top 1: Wave 3 of main cycle, end of 4 years repetitive cycle (Novembre 1-15).
*Double top 2: Wave 5, end of lengthening cycle (June 2022-June 2023).
*Final target: between 0,382 and 0,5 of last cycle.
Cryptomarketcap
So where is crypto at? EthereumJust a look at the crypto market through one of the large caps ethusdt.
Minor sell off after a major bounce we have come to an area (and blazed through) of a previous liquidity zone here in ethereum bitcoin. They tend to lead the way for the other majors like xrp ada xlm.
I expect a retest towards our recent swing high. What can happen from there is all on the chart. Keep eyes peeled for key support below. It may determine where we are in the crypto market, bull or bear, over the next few months.
These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own money into the markets.
My Bag
- i just posted one of my old chart of Altcoins Markets. This post is not an analyse but too many peoples DMs me asking me wich coins are bests to invest? how do i choose them and why ?
- so i made this post to answer to everyone globally
- firstly sorry for my english as many of you know that is not my native language
- in 1990s when internet came around, many of peoples believed that it will fail, all peoples were going out almost all the time.., going to mountains and rivers, travel, meet friends at the restaurant, at bar, enjoy at the club, the old generation was rich ! also if u were poor u could still have a decent life.
- The situation changed when Governments started to print more papers money, it created a super inflated system, most of the peoples had to find way in this hard world focused on creating more riches peoples,
destroying on the other side normals peoples and creating more poverty, and Cherry on the Cake "Covid19", trapping peoples home like rats. i won't go to far and not explain my point of view about Covid, i would be banned for that and my vision is not the vision of everyone.
- The Exit for some of us was internet and technologies, when you invest in Cryptos, you are investing in the future of the financial system, recreates something for the better, Bitcoin was created to create "Desinflation", not really to make bitcoiners more rich, many projects came around in 2017 and years before, some are very good, some will fail, some are scams, some will disappear. some will M00n. All your invests now are pure gambles, but you are taking the risk, and this is the most important parts.
- The biggest risk in life is not taking any risk.
So for make a choice i just look by using those steps
1- Where the coin is listed
2. Marketcap
3. Number of total supplies
4. Supplies in Circulation and important parts : Supplies the Team Kept for them and the reason they kept those coins.
5. ROI (Return on investment), if i missed the starts, i want to know if the project did well or failed after launch.
6. Check their website and read White paper, check real and virtual utility and see if basic idea is good, bad or copied.
7. Who is behind the project ? Who are Advisors (very important), do they have some Ventures and famous Capitals invested in their project already ?.
8. Speak with some friends and peoples around me to see if we have the same vision on the project.
9. Check TA ( This is my work ), find the good time to invest in and decide if invest for long or short term.
My bag is capitalized with strict management, i classify my invests with Risks, more i believe in a project, more i invest in, more the project is risky, less i invest, some projects won't go far but returns could be exponentially fast and high, so again, have to take the risk, some projects will take time but reach the moon, those ones are based on patience.
- Here the projects i invested by potential risks order, and basic simple reason of invest.
- i wont speak about money i invest, but if you want an order of idea : Top 5 could be 100k$+, top 5 to 10 - 50k$+, Top 10 to 20 - 10k$, last projets are like 1000$-100$ max.
1. Bitcoin ( The King )
2. Polkadot ( The Tech )
3. Solana ( The Fastest )
4. Cardano ( scientists behind )
5. Celsius ( A.mashinsky behind / Loan Platform )
6. Cryptocom ( Vision of regulation / Visa Card )
7. Terra ( Protocol / Mirror Stocks )
8. Verge ( my Meme Risky coin :D)
9. Monero ( Best Anon until unprouved )
10. TheGraph ( because of my wife.. )
11. internet computer ( internet in internet )
12. Kava ( cross-chain DeFi lending )
13. Polkadex (Dex IDO)
15. Synthetix ( Dex )
14. Kadena (Mining it)
15. Conflux (Mining it)
16 . Raydium ( Fast Swap on SOL )
17. Chainswap ( Got Hacked lost 90% Money )
18. Doge ( because of STONKS )
19. Shiba Inu ( because why not ?)
20. Bonefire ( because 100$ max)
- This list is not exhaustive, as i always trying to find more gems projects, feel free to comment but please dont flamme this topic, if you are thinking your coin not present or if i classified it at the end of the list.
- This is only my personal view and personal invests and absolutely not an investment advice.
Happy Tr4Ding !
The road to $6T Crypto Market Cap 2022 MayThe road to $6T Crypto Market Cap 2022 forecast; On the 27th July we got further confirmation from the swing call script. We expect this move up to new ATHs to happen in 2 main push phases, the first a break above the 127.20% Fibs towards the 161.80% Fibs @ $3.985T. We can expect to reach the first target by eoy 2021/start of 2022. This may not be a as straight forward push as 2 push phases but several impulsive push phases with periods of accumulation and distribution maintaining bullish sentiment.
Macro analysis of the Crypto market in relation to equities/DXYIn order to go long:
I want to see COINBASE:BTCUSD push through the .5 fib convincingly as well as test that incoming pitchfork after yesterday's doji candle. You can see that I have overlayed BTC shorts on the same chart. They were inching up earlier, but have resumed the floor it's been testing.
The AMEX:SPY seems confused going into the weekend (won't let me tag ES). Holding 4093 which was a major support this week, along with 4085, even though the waters were tested this AM in the futures market. The Overnight Reverse Repurchase Agreements on the bottom show that the Treasury is not done and supporting this market heavily still. If equities can hold off from dumping, we may see the Crypto Total Market Cap test it's Spring highs this upcoming Winter.
Right now that CRYPTOCAP:TOTAL is meeting resistance around 1.5T. The DXY has rallied slightly off COMC news on Wednesday that inflation is still transitory, despite missing projections. If we can see the dollar lose some strength here we would see the S&P rally like we saw from Nov-Feb as well as in April, which would be fantastic. We can see the BTC.D is rising and it is yet to be seen if BTC.D will bounce off of 50%. If BTC.D can rage along with the Total Crypto Market Cap, I expect alts to be okay and BTC fomo to take place. Idiots that are holding too many alts and bought all the alt dips after purchasing the top will probably get burnt and I wouldn't be surprised to see something similar to what we saw around Thanksgiving 2020 when the Crypto market sold off prior to it's massive growth in late 2020 into early 2021.
Lastly, pending the EIP1559 upgrade on Aug 4th, I projected a price of 2500 a week or so ago on COINBASE:ETHUSD (not on here, but I don't really give a damn - that's still my target). I expect volatility that day and for many traders to take this upgrade as a "sell the news" opportunity. However, if BTC breaks through the pitchfork as I alluded to in the first sentence, this 2500 target may be smashed through and CRYPTOCAP:ETH.D might give BTC.D a run for it's money if the news really picks up on it. I would love to see 1559 force ETH to challenge previous ATHs, but we will have to wait on the market to open Sunday, in addition to what Crypto has in store for us over the weekend. For awhile, the only thing certain was a crypto sell-off during the weekend, but last week the market really recovered into what we have at the moment.
Crypto marketThe crypto market has been squeezed for 2 months now, with selling pressure coming to an end we should see a run-up soon close to the ATH. The Tot market cap will reach 2.13 trillion ish in the next couple of months. Everybody will shout the resume of the bull market...unfortunately that won't be the case unless the momentum is extraordinary. If we look at the previous corrections, they all follow the Elliott Wave principles, whether they were flat, zigzag etc, they all hit the target perfectly before resume the bull market so we can expect this time to be the same. The market will bounce now to then fall steeply around august to 800 billion (BTC will reach 22K)...here I suggest you shop all your crypto because then we will have a massive pump to reach 6 trillion at least (BTC will reach 180k). Now if you look at the black res and supp lines (horizontal) they all correspond to ultra-high volumes, these are where smart money have sold or bought with aggressiveness. Make sure to assess the market as we move forward and adjust things in real time (be extremely cautious when BTC will hit 58 k as high selling pressure will enter the market) These will all present support and resistance area. For in-depth details please do not hesitate to comment.
TOTAL CRYPTO MARKET CAP So my previous ideas about BTC, ETH, DOGE ETC were correct. And if this is your first #cryptocrash, expect a lot more price drops. The overall trend looks down (as shown in the chart)
Lengths of previous #Crypto bear markets:
2014-15: 633 days
2017-19: 361 days
2019-20: 260 days
#MyTwoCents
Thoughs on $BTC and total crypto marketWhat a run the last couple of month's, who followed me on here knows i've not been sharing any analyses for a long time. that's because I didn't feel the need to do it, we we're in full bull run and I was enjoying my gains.
buy since 3 weeks I was cautious in the market and it was justified.
Bitcoin had been flirting with the daily 50 MA for a while and so in the 55-58k range I sold a large part of my portfolio because I didn't trust it anymore. what turns out I was right on top and a 50% correction happened not even a few weeks after that.
Are we still in a bull market?
I think technical analyses can't say much at the moment, the market is so volatile.
Personally I think we are still in a bull market as the market sentiment is positive and the 'hype' of crypto is still going on.
Market manipulation?
Yes, the markets are heavily manipulated right now. never before have so many leverage traders been shorting causing us to get an unseen dip on multiple altcoins pairs. This is in my opinion very dangerous and can cause violent influence on the market as we see in the last few days. also, this can cause a kind of catapult effect that the market can recover in a few days/weeks as well.
When in doubt, zoom out on the charts and look at the road we've made!
Guys, let me know what you think will happen in the future with crypto,
i'm very curious to know your opinion and maybe have a discussion about it.
AltSeason Final Rally Coming SoonThis drop and fractal looks almost identical to the drop that happened just prior to the 2018 final run up for most Alts. Whale alerts are showing a lot of ETH still being bought on this dip, but not seeing a lot of stablecoin moving to exchanges just yet. I'm trying really hard to sell at the top for alts, and I sure as hell hope I didn't miss it. But the charts are telling me we've got one big wave up (at least) left. I know a lot of people are calling for a bull run all 2021 long, but I think this is highly unrealistic.
I, like everyone else, have had the urge to get shaken out of this crash. Looking at the Totals market cap is providing me some peace of mind, and I hope this idea can do the same for you if you're struggling with a decision.
I am surprised to see just how many whales have bailed so late in the drop, but I guess being loaded doesn't necessarily give you diamond hands.
👇👇👇👇Join the discussion👇👇👇👇
Total Crypto market cap update...update on my last analysis for the whole crypto market cap.
formed double bottom, ran up, some consolidations on the way but finally broke ATH once again heading for the 72% target at around 2.9Trillion area.
the entire market is still healthy & heading higher as of this post.
please like, comment below let's share ideas. thanks all.
ALTCOIN MARKETCAP 🪙Hey hey my friends 👋
If you have some altcoins in profits that you're happy with, we would consider closing most (if not all) once this reaches the top trend line, lock in them profits baby! 🔐
DO NOT worry if this continues higher, we will re-enter positions that are strong on the re-test of the breakout..ALWAYS HAVE A PLAN..this is ours & we win ✅
Crypto market capI see the trend of the market ascendent for now, but as you see it breaks down from the channel so ganna falls forwards to Support lines. IF the market keeps growing up it's good for both BTC and alt traders. Holders have just to hold. bad and good fundas are important on these days.