Altcoins Strong Long Just finishing 3-2 correction and about to head off to hit 3-3, 3rd Impulse wave Summer 2024.
TOTAL2 trade ideas
If you're not buying?? Then WTF r u doing? :flushed: PT2Rocket is flying and going higher and higher, Weekly close here above major level tells us the weeks ahead will bring NGU for all.
TOTAL2 hope we go break through to upsideBullish flag is obvious but we saw tons of examples of failure of this pattern. Let's hope the best and break th 1.2 resistance.
ALTcoins May Resume Higher SoonCryptocurrencies slowed down after strong rally into wave 3 of an ongoing five-wave bullish impulse, so current sideways consolidation should be just a correction in wave 4.
BTC dominance is actually still here and Bitcoin can be already progressing wave 5, but that's why ALTcoins are currently slower than BTC.
However, looking at the TOTAL2 Crypto market cap, which excludes Bitcoin, it looks like nice and clean bullish triangle pattern in wave 4 that can be coming to an end with final subwave (E).
So, soon be aware of a bullish resumption within higher degree wave 5 of III, which can push BTC and ALTcoin friends even higher.
alt szn?alt coins have been bullishly consolidating for the past month, this is looking very promising as a lot of indicators got reset and btc is breaking to the upside as well.
will be interesting to see if btc conintues to pump even after halving, (normally likes to dump on or after halving) with buy the rumor sell the news. all in all crypto is looking very bullish and healthy and the dips are for buying.
TOTAL 2 ROADMAPExpect to buy around 855B. Depends BTC and USDT.D. Keep following expect new ATH this year
PREPARE FOR ALTCOIN RUNPREPARE FOR ALTCOIN RUN 2024-2025
The levels to watch for this altcoin bullrun
ALTS are ready to explode after this Golden Cross! DON'T MISS ITThe Crypto Total Market Cap excluding BTC (TOTAL2), which is essentially the altcoin market, just completed a Golden Cross on the 1W time-frame. That is the first such formation since September 14 2020.
As you can see, that was during the middle of the previous Bull Cycle, around the 0.5 Fibonacci retracement level and past the Accumulation Phase (blue Rectangle). The 1W Golden Cross essentially signaled the start of the Parabolic Rally (green Rectangle) 3-4 weeks later, which is the most aggressive part of the Cycle and what is otherwise known as 'Alt Season', the time when alt coins see extraordinary growth.
The similarities between the two Cycles so far are striking. The Accumulation Phase was very long and took place on 1W RSI Higher Lows, a Bullish Divergence that paved the way to the Cycle's Rally. Note that this is only the 2nd 1W Golden Cross of the market, a feat that traders and investors should not miss and take advantage of. As long as the 1W MA50 (blue trend-line) supports, the market will continue to be on the Bull Cycle and enjoy its biggest gains.
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The play of the CenturyInsane to think we are only in the 4th of 32 Bitcoin Halving's. BTC alone will be the hardest asset for the upcoming century's. Altcoins will form a market of their own and constantly appreciate with Bitcoin throughout the Halving cycles. Best savings account in history.
TOTAL2 ready for a big breakouthi Traders,
In September 2023, we have published analysis of TOTAL2:
The target from this idea was reached and we're seeing a successful retest of the previous resistance and confirming it as support. Now it looks like altcoins market is ready for a mark-up.
Bitcoin is still very bullish and we believe that once it continues its parabollic run, TOTAL2 will start its mega pump too.
In this analysis, we would like to show you expected path for TOTAL2. On the chart you will find take profit levels where we're expecting pullbacks or consolidations , and the final target.
Take profit levels and the final target are defined based on the fib extension levels.
Don't sell to early. Altcoins will pump hard in the next months.
Do you agree? Feel free to leave a comment !
Alt coins bull runI highly believe (by analyzing many alt coins in HTF) and by analyzing this TOTAL 2 chart
that the bull run is only warming up
so many alt coins have the potential to do 8x to 10x at least
the potential is insane
on CT we don't even see euphoria yet
the sentiment is mainly people in disbelief or angry shorters
they will have their joy for a few moment maybe, thinking they shorted the top
and then they will get rekt hard by the true rally
bringing FOMO, euphoria and real top
where the angry shorters will give up and start longing when everything already did 10x
I share you my take so that you don't end up being on the side of the frustrated traders/investors
this is the time of the market where spot holders will have a way bigger ROI than most futures traders
ofc, this is only my take, my analysis
don't follow blindly, have your own analysis too
educational purpose only
nfa
All the way up!Looks like indicators showing positive trend, and price is perfectly bouncing from 0.618 fib level from last correction. Next level is 1.618 fib level. Not financial advice.
Crypto is easy. Buy in the Triangles and than enjoy ...the expansionary phases that occur after
LOL
I know it ain't that easy
But everyone else who didn't invest
will say it was.
They will never understand!!!
LOL
best of luck still wildly bullish
But I will become a stablecoin maxi one day not too far away.
And you will probably hate me ;)
TOTAL2 - Similar Upward Moves Comparing a previous bull run on TOTAL2 with the current one we are experiencing
Similar rounded structures formed before the breakout on each one
Imagine if it continued up !
I am Bullish
TOTAL2Break of mid (of the whole move) in TOTAL2 last cycle led to three consecutive weeks chop about the mid, testing demand, before reclaiming mid as support and closing at highs by end of third week...
What if, just as was the case last cycle, we are now in third week of chop about the mid
Simply reclaim and sned highs by end of week
A non log version of total2 c&h & bullflag on the 1month chartBecause the log chart target for the entire bull flag on total2 was so astronomically high I though it ma be wise to also post a linear vhart version as I knew it would have much smaller measured move targets. So here it is.The targets on the linear version of the flag seem far more attainable for the alt market this bull run than the log chart bullflag breakout target does. I do think the log charts flag target can initially be hit but very unlikely this current bull market. *not financial advice*
Altmarket Total2 weekly log chart about to have a golden crossShown here is the channel/bullflag and the cup and handle the weekly total2 log chart’s price action has ben forming. It is now forming the handle portion of the cup and handle ad we can see we are about to experience a golden cross of the weekly 50(orange) and 200(blue) MAs in the next couple weeks or so. If the weekly 50ma can hold support then odds are good this thing can break up from its cup and handle and flag maybe by august or september. Possibly sooner possibly later but for now the breakout point of this handle and flag must remain speculative until we see a validation of a breakout. I roughly estimated a width for the handle by factoring in the weekly 50ma being able to hold support. If the weekly 50ma lost support I would then look for the monthly 50ma(not shown here ) to be the ultimate support. Some exciting targets here for the total2 alt coin market once these patterns validate their breakout. The cup and handle certainly seems like an attainable breakout target for the current bull cycle. The entire flag target seems like it could maybe potentially take 2 bull racket cycles to reach, however, If the 17 trillion target on the regular total cryptocap chart can be reached this current bull market. It’s possible that the high target on this chart could be reached this cycle too…this would likely only be if a currency like XRP, solana,link or possibly a mixture of them all suddenly took a lions share of the total market cap away from bitcoin..which seems unlikely…but if for some reason xrp was given for regulatory clarity once the sec ripple case was resolved, there is a chance all the financial institutions could start piling into it with as much ferocity as they currently have been doing with bitcoin….if so, the upper breakout target on this total2 chart could then be completely attainable in the current bull run. For now though I’m only setting my sights on the c&h target for total2. Will update the c&h target more precisely once a breakout point is established. *not financial advice*
TOTAL 2After encountering resistance from previous highs, the price is now retracing towards the horizontal support level.
Total 2 Total 2 will increase 10%, to reach out previous major (2) resistances, then rebound to previous major support which also confirmed by Fib: .05 on weekly time frame.
just read the historyYou should just read the history, it's good for your life, opinion and also making money in this market, new ATH and huge alt season is comming, seat your belts.
ALTCOINS recovery is around the cornerHi traders
Altcoins are dimping way more than Bitcoin therefore let's have a look at TOTAL2.
TOTAL2 is in a downtrend but when we zoom out , we can see that in fact , it's just a consolidation inside the channel and long process of building the market structure.
It looks like we can see another crash (20 -25 %) in the altcoins market overall. Some altcoins will dump 20 % from current levels and some altcoins will go down probably even more, but it doesn't look like a market cycle phase when you want to short crypto s coins forever .
Chart shows opposity. We are in an accumulation phase on altcoins and dips are for buying.
In my opinion the problem is with increasing number of altcoins that exist .
As we analyze the Total2 (all altcoins' market cap) , but there are continually new coins coming to the market, it will be impossible for some altcoins to recover fully (and history shows that only few altcoins recover fully and make new all time highs), therefore it's recommended to choose altcoins wisely.
Anyway, once the accumulation phase is finished, we will see a mark-up phase where we would target 0.618 fib level (1,20T).
When it's gonna happen? Probably not in 2023. Patience is a key.
Long story short:
* If you wanna short, do so. But keep in mind that downside is limited
* DCAing into altcoins once (and if) we get the next altcoins crash may be a profitable strategy if you play it with a long-term horizon.
* Choose your altcoins wisely
* Be patient. Buy low, hold and sell high (0.618 fib leve)
What do you think?
Share your opinion!
Good luck
TOTAL2 - 10T MCAP IdeaAn idea showing a large bull phase coming for the altcoin market boosting the cap to 10T
This can be shown within a large channel placed
RSI also supports breakout theory
