TOTAL3 UPDATEKey resistance lies between $590-620 billion. A weekly close above $590 billion could mark the end of the current downtrend.
TOTAL3 trade ideas
Altcoins Leading the charge while BTC plays catch-up!Is everything we’ve learned about BTC leading the way while altcoins lag behind a lie?
Could altcoins be the secret service agent, sent from the future to show us the direction BTC will take?
And did the moon landing really ever happen?
On a more serious note, I noticed an interesting pattern when comparing the altcoin market cap to BTC’s market cap. Recently, it seems like altcoins have been leading the way, particularly when we observe how they’ve retraced to the moving average (MA) lines.
On a weekly timeframe, altcoins hit the 20MA line, with BTC following suit three weeks later. Altcoins then proceeded to reach the 50MA line, and BTC followed five weeks later.
Now, altcoins have hit the 200MA line and seem to be finding support there. At the same time, the BTC Dominance chart is facing significant resistance, suggesting a potential trend shift in dominance between alts and btc soon. This could align well with the observed pattern. While the next move for altcoins is uncertain, BTC may still need to drop and hit the 200MA line to continue following this trend.
The $44k area is also a critical zone where multiple former trend lines converge, potentially providing strong support and an opportunity for BTC to gather the liquidity it needs to resume its path toward $100k. Take a look at some of my previous BTC analysis charts to see what i'm talking about here and why the 44k area might be a good short term target.
Thanks for reading, good luck trading and make sure to follow for more!
X: @PuppyNakamoto
TOTAL 3 Update - Aug 15 2024in the previous analysis it was stated that 565B is an important level and losing this level can lead to touching much lower levels, something that actually took place and #TOTAL3 touched 470B as well !
The recent choppy upward move in #BTC and the rest of the market was most probably a retest of the broken key levels and we can see that just like BTC's case, TOTAL3 has failed to push above the supply zone.
Since BTC is probably heading for 50,000 low again, TOTAL3 will also dump. 4H close below 546B level shall be a further confirmation for the downward move.
ALT marketcap can reached upto $3 Trillion Dollar! TOTAL3 (Market Cap of Altcoins excluding Btc & Eth)
2017 Altseason top was around $300Billion
2021 top was at $1 trillion (3x of 2017)
Considering 2025 March, the peak of the bull market, total3 can be at $3 trillion (3x of 2021)
altcoin season comming?looks not bad
we need to watch on oct ~ dec bull run
but it's not will be rocket
WORLD WAR 3Fasten your seat belts...
Everyone analyzes and predicts the chart from the news
But this time I want to tell you some news from the chart
Soon Russia will launch a missile attack on Europe and the total bullish channel will be broken and the crypto market will crash on daily and weekly time frames for the first time!
It may be a bit harsh, but with the events that happened in Kursk, Russia and Iran, everything is ready for a big war! In fact, World War III
Yemen, Lebanon, Azerbaijan, Armenia, Israel, Palestine, Iran, Russia, Iraq, Ukraine, China, Taiwan, NATO,
Maybe it's been a long time since the world war started...
Fasten your seat belts...
Altcoins Market Dynamics, Basics, Leverage & Money Management➖ Higher Low vs Lower Low Difference
This is a very important dynamic to consider because much of the buying and selling is done based on "higher lows" and "lower lows."
The altcoins market is huge. What one does, the rest follows; but, there are tens of thousands of altcoins right now. Many follow their own cycles and many variations across the market occurs. "What one does, the rest follows," applies only to the broader market cycle and direction. When the market is bullish, everything grows; when the market is bearish, everything declines. Price action can only be calculated by looking at each chart, each pair, each project individually.
Now ... With this intro I can get to my point.
Many altcoins already hit bottom and will only produce a higher low on the next leg down, compared to the last major low. While another portion of the market will produce a lower low on the next leg down compared to its previous/last major low. Those producing lower lows should not be sold, as in a "stop-loss" because they are still set to grow based on the broader market cycle when the bull-market comes in 2025. So the accumulation phase will have strong fluctuations, for a while, but massive growth will still be the result in 2025.
One later group will continue to produce lower lows and more lower lows because of the weakness of the project relative to trading action and the rest of the market. This also happens and will happen.
There is a portion of the market called, "the market leaders." As the name implies, these will lead the market. If you can catch some of these your portfolio is secured.
One needs some stable pairs/projects, some highly volatile ones and some of the leaders to balance things out.
➖ No Leverage, No Margin: No Risk
The capital used for leveraged trading should be separate to the capital used for spot trading or long-term buying; these things can't be mixed. There is a tendency to gambling in this type of venture, in this speculation game; so it is very wise to have a solid portfolio of altcoins that is based on long-term growth and then gambling, or "high risk high potential trading opportunities" are taken with funds that you know can be easily lost.
"Don't use money that you cannot afford to lose," is a true adage.
If you can't bear the weight of losing money, then you are not ready for the cryptocurrency market, you are not ready to trade. If you have spare money, or you planned your unique individual situation, then go ahead.
If you have a stable emotional and financial life, then you can do anything and you will be successful.
If you have financial needs and feel the need to make money fast, then you can't trade. Money is not earned fast in this business, but can be lost in the blink of an eye.
It takes time. It takes years for a position to mature and grow.
Patience is key.
Thanks a lot for your continued support.
Namaste.
Crypto Altcoin market cap - daily chart viewTOTAL3, which measures the market cap of all cryptocurrencies except Bitcoin and Ethereum, is currently sitting at a crucial support level. This is the third time it has tested this zone, making the next few weeks critical for the future of altcoins.
For any chance of an altcoin recovery or the start of an alt season, a strong reversal is needed. If TOTAL3 can bounce back from this level, it could spark new interest and momentum in the altcoin market. However, if it breaks down further, we could see more weakness across the board.
I'm hopeful that we'll see a reversal in the coming weeks, which could reignite the altcoin market.
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Cheers
GreenCrypto
Altcoins will make you rich in '25 and '26.A recent bottoming formation leads crypto past it's initial rise and retracement. This seems to imply a continuation, that would set cryptos all time highs and consecutive price discoveries.
TOTAL3 Outlook Turns Bearish! Are We Repeating June 2021?In my previous analysis, I thought we would see a continuation to the upside after the retest, but we took a big L! Not every idea is a winner, and it’s part of trading. Now we move on to the next idea.
The price action last week created a huge rejection from the neckline of the M pattern. This is exactly what happened in June 2021. History often rhymes, so I'm expecting a similar bottoming scenario and plan to fish for the wicking bottom. At this moment, I'm looking at a $440B-$500B valuation on TOTAL3 as a possible bottoming zone. We'll see how the price action develops further and aim for our entry.
TOTAL3 - Bulls taking a napTOTAL3 began forming a descending parallel channel (Bull Flag) on March 31 and has been trading within it.
We recently had the third touch at the top of the channel, but it failed to break, showing signs of exhaustion indicating a greater probability of decline in the short term.
I will continue to monitor, but I only believe in all-time highs for altcoins when this channel is broken, but I wouldn't be surprised if we visit 450-480B before that happens.
TOTAL3 - Total Altcoin marketcap | Headed in the right direction
Altcoin marketcap is currently trading inside the channel and it's been inside the channel since 2024 with market cap reaching the peak in first quarter of 2024
Currently the marketcap is around the resistance line and expected to break out from the resistance zone.
we can expect a clear bullish confirmation after the price breaks the $750B barrier.
By the end of 2024 i'm expecting the altcoin marketcap to reach 1T
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Cheers
GreenCrypto
TOTAL CRYPTO CAPBit of shenanigans going on, but tbh this is a generous buying opportunity for anyone who missed out on entries last time we were at these levels.
Finally Crypto Market Testing Crucial Area Finally Alts Are Testing Crucial Area Its Still Uncertain But It Might Be Possible Bottom Accumulating Some Alts Adding In Spot
Altcoin Market Can Bounce From Here However Real Crypto Rally Will Start After Upside Breakout
Total 3: Alts about to see fresh lows, then real bull run startsI sold out of all of my crypto yesterday because when I looked at the chart, I realized that we've started the final selloff before the real bull run begins.
As you can see from the chart, after the run in 2021-2022 we've been in the process of correcting.
It's my view that this year's run was corrective, not impulsive like many are thinking-- and that altcoins will hit new lows by the end of 2022.
I've shared a lot of bullish altcoin charts recently, but I've changed my view and am not bullish anymore. I don't think we'll see large bounces, I think it's going to be a rather quick path to new lows. Lows that you didn't even think were possible. This will be the greatest buying opp to exist in crypto and because most people are about to hold alts all the way down, they won't have any cash left to buy the bottom.
It's going to make people never want to invest in crypto again because this last move will be one of the biggest fakeouts in crypto and people will lose a lot of money.
However, after we hit the support levels on the chart, it'll present the greatest buying opp of any cycle. I think we go from ~200B to $2.5-4B when this next run starts.
I think we'll bottom before 2024 ends. The next cycle will go until the end of 2026.
Get prepared...
TOTAL3 update - Aug 02 2024Nearly two weeks after analysis and #TOTAL3 has perfectly followed the predicted path: a sequence of 4 moves was predicted with an outstanding precision!
Total3 has reached the predicted zone of 570B - 580B and an upward reaction isn't unlikely. Also, 565B zone is very crucial as dumping below this zone can lead to touching much lower levels.
Also, in the caption of the TOTAL3 analysis from 2 week ago it was stated that 660B is the resistance level and as you can see the highest point TOTAL3 could reach was in fact 659.951B .
ALT COIN MARKET BREAKOUT !
alt coin market etting ready for a breakout .
price above all averages 50,100,200 .
rsi in uptrend
macd crossd to upside and is gaining momentum
market bounce off 38.2 fib showing continuation
i believe market will hit -0.272 fib @ $700b and retest broken trendline in order to continue the bullish uptrend
target is $800b
when price hits prepare for volitility and we will break to upside.
alt coin market will sky rocket as bitcoin dominance will drop .
Total 3 Analysis & name your altSimilar to Bitcoin, altcoins also began a correction in March.
Although this correction has been steeper, it remains a correction. After breaking below the 600B support, the total altcoin market found support around 500B and is now trading back above 600B, suggesting a false break.
The confluence of falling line resistance and horizontal resistance around 650B indicates that a break above this level should accelerate gains for the total altcoin market and potentially lead to a retest of the previous high.
In a more optimistic scenario, if Bitcoin heads towards 100k, we could even see a 1T market cap for altcoins.
P.S. I see a lot of altcoins with great potential. Would you like me to look into any specific ones for you?
Regards!
Mihai Iacob
TOTAL3 update - July 29 2024#TOTAL3 update
has perfectly followed previous analysis so far and it seems further drop towards 570B - 580B area is still valid. possible QM pattern can be seen on the chart
TOTAL3 TARGETSfor total 3 after reaching first target published last year , i think grey boxes are the predicted targets and one of them will mark the ATH for this cycle .
we will update in q1-q2 of 2025 to predict which one will mark the ath
this is not a financial advice
thank you
total3/btc outlookI think this has bottomed and altseason is around the corner.
Also notice the bullish divergence on the chart.
TOTAL3 Looking Good!In my previous analysis, I mentioned that a $600-615B valuation on TOTAL3 is a good entry to scale into strong altcoins.
Here's my updated multi-timeframe analysis on TOTAL3:
On the daily timeframe, we can see the price action is printing a Head and Shoulders pattern. However, the directional view from the longer timeframe candle is more respected than short-term fluctuations.
On the weekly timeframe, the price action is showing strong movement for 2 weeks, followed by a retest (last weekly candle) also showing significant rejection from the $600B valuation. We can expect this weekly candle to create a higher high and possibly break above the current resistance at the $660B valuation. With the incoming monthly close, we can also expect some fluctuation.
BOOST THIS IDEA IF YOU LIKE MY ANALYSIS.
