OTHERS.DIt's a perfect retest on the level and its good for altcoins if this happened alts are going like 1x 2x from current prices.
OTHERS trade ideas
What is going on?The increase in total market capitalization volume, excluding the top ten cryptocurrencies, from an average of $27.59 billion over the past 30 days to $86.77 billion within just this week suggests a significant surge in trading activity and liquidity across the broader cryptocurrency market, beyond the largest cryptocurrencies by market capitalization. Overall, the surge in total market capitalization volume, excluding the top ten cryptocurrencies, reflects a period of increased activity and interest in the broader cryptocurrency market, driven by a combination of factors such as altcoin enthusiasm, new project launches, and positive market sentiment. It's essential for investors to stay informed and exercise caution when navigating these dynamic market conditions.
📈 Altcoins Update | Marketwide Action Speculative OpinionHello my dear Cryptocurrency trader, I am up to sharing some current thoughts with you today.
The information I am about to share is based on some deductive reasoning, intuitive conclusions and ideas that appear in my minds eye as I go through many different charts.
It is an idea that I am getting as I browse on a daily basis through the market, going through chart after chart, after chart.
The topic is related to the Altcoins market bullish cycle and Bitcoin's potential correction.
Many Altcoins still need to complete their final bullish move before this wave is over but there aren't than many left. A very large portion of the market is already many times above its market low.
The main take away is a time period of two (2) weeks.
Based on what I am seeing, the Altcoins need at least two more weeks to complete their bullish phase. For the Altcoins to be able to continue to produce massive growth without interruption, Bitcoin needs to stay strong and by "strong" I mean above 40K.
Say we have two-three weeks of massive growth on the OTHERs Altcoins and whatever correction Bitcoin is poised to perform will be mild, being just a retrace until this portion of the market breathes some air. Once the Altcoins are all up to the same price they were trading around March/April 2022 or higher then Bitcoin can go ahead and crash below 40K.
This is not written in any book.
This cannot be seen anywhere.
This is just speculation on my part that forms from all the information that I gather consciously and subconsciously. As I meditate and go through my day, this information becomes organized and varied conclusions come to the front.
Bitcoin isn't likely to crash but just retrace/correct for weeks until the Altcoins finish their run.
Of course, the last 100 meters they will be a sort of euphoria, excitement and greed as we saw with Bitcoin hitting almost 70K. This is great but remember to secure your trades and secure profits along the way.
Things are looking good but there will be soon a period of rest.
Did you notice how surprising and fast was the move Bitcoin made from 69,000 to 59,000? Only hours; was there any time to act or react?
The only way to be successful is to plan before-hand.
Just as this bullish phase is just a preview of what is coming in 2025/2024, the surprise drop we saw is just a preview of how fast and strong the correction will be when it comes.
I can't say with 100% certainty that we are looking at the top, that "The TOP Is In!"
But I am 1,000,000% certain that we are not looking at the bottom. If this is not the TOP, we are very close.
Consider all potential scenarios and not only for Bitcoin, secure also your Altcoins.
If the Altcoins were to drop 30% in a single day, like Solana for example, taking profits would be already too late.
One sells small portions on the way up, when the sudden moves happen it doesn't matter, because we already won.
➖ Secure profits on the winning trades.
➖ Secure profits on those HIGH UP!
Feel free to buy and hold the ones red/low.
Thanks a lot for your continued support.
Namaste.
HypothesisLet's imagine that this time the percentage
move up is only 50% of the previous one.
Percentage-wise.
That could still yield 2.5 trillion at the peak.
Top 10 Altcoins That Can Move Fast & Strong This Week (26-Feb.)Good Sunday my fellow Cryptocurrency trader, I hope you are having a nice weekend.
While market conditions can always change, suddenly, we are still witnessing a bullish Altcoins market.
➖ When Bitcoin moves sideways, the Altcoins grow.
➖ When Bitcoin moves sideways after major growth, the Altcoins go on a bull-run and today this is so.
It is important to plan ahead because the market is unpredictable and conditions can always change. With that said, there are still many Altcoins that right now are looking great.
Let's consider a TOP 10 list for next week (26-February 2024)
➖ DigiByte
DigiByte is the #1 because of the a high level of certainty coming from this pair. A high level of certainty that it will move fast and that it will move strong.
Both pairs look good: DGBUSDT and DGBBTC.
We are focusing on the DGBBTC pair because it is bottomed out and has higher potential for growth.
The choice is yours though.
DGBUSDT
➖ Harmony
Harmony has a mixture of very high growth potential as well as the potential to grow now (fast). Weekly, it is trading above EMA50 which means that the bullish action is already on. ONEUSDT.
The tether pair is for beginners; the Bitcoin pair is for high potential and experienced traders.
ONEBTC
Both are looking great.
➖ Golem
Golem made it into the list not due to high potential but fast potential. It might be one of the pairs to open strong really soon. GLMUSDT.
As well as GLMBTC; both look good.
➖ Alien Words
With a long-term rounded bottom (or simply "accumulation phase") Alien Worlds potential based on technical analysis is above-average. TLMUSDT.
➖ Keep3r
This one has been chosen for the simple reason of high potential for growth. The chart is showing a long-term inverse Head & Shoulders pattern, a strong reversal signal. KP3RUSDT.
➖ AirDAO
A quintuple lower low, long-term matched by a very strong RSI divergence. The potential here is also above the pack if all goes well. AMBBTC.
➖ Flamingo
Flamingo might look dead but in reality, it is moving within an 8 months old higher low. Can breakout anytime. FLMBTC.
➖ AdEx
Many pairs have a 400%-500% growth potential. Others can go to 1,200% or more. This is one of those. It tends to grow strong when it moves. We are looking at a new All-Time Low. ADXBTC.
➖ Zcash
Privacy tokens took a beating but this doesn't mean that they are dead. In fact, the harder they fall, the stronger they grow once they are done with the challenging phase.
After a 6.5 years long downtrend, reversal signals are starting to show up. ZECBTC.
➖ Tezos
Tezos is in the process of ending a four years long downtrend. The bottom signals are already in. We are looking at XTZBTC on this one.
Bonus mention
ICON: Five years long RSI bullish divergence.
Syscoin: Four year longs support activated. Early bullish action spotted.
Ankr Network: Trading at multi-year lows.
EOS Token: One of the worst hit projects, yet the recovery can be really strong.
If you have anything to share, use the comments section below.
If you enjoy this type of trade idea, make sure to boost and I will share more.
Your boosts and comments are the feedback. If the feedback is good, we can do more.
Thanks a lot for your continued support.
Namaste.
BEST DEGEN CHART TO FALLOWThough TA I am giving my best estiments for the fallow through of the upward trend.
OTHERS potential upside as bitcoin rally to its new athMy hold strategy for OTHERS compared to previos cycle, in this analysist i predict that OTHERS topped at September 2024, thus atleast i'm gonna hold my bag until then.
Buying MidCap/SmallCap Alts for 2024: Navigating HalvingPlease see related links to get an idea of how this fits in my plan for the cycle.
Short Version = 2024 is Altcoins
More closely to 2017 cycle than 2020 =
short dynamic burst of up movements
long periods sideways action
Lower volatility than 2017 (for btc and eth)
Altcoins move sooner than ppl think but still on schedule
2023 was year to accumlate BTC and cheap large cap alts
2024 is year to accumulate Alts
2025 year to be reducing risk
-Chart on left
Eth and BTC market cap
Chart on right
Others - coins outside of top 10
Theory
2024 sees opportunity to position for end of cycle in cheap midcap and lowcap gems.
altcoin runnup into ethereum etf approval or decline could provide opportunity to rotate profits to slower moving coins
BEHOLD ! Prepare for the ALTSEASON !BEHOLD ! Prepare for the ALTSEASON !
Its OTHERS MARKETCAP/BTCUSD
Others (excluding top19 altcoins)
(excluding stable coins)
chechk the dates and notes.
In my opinion its better than btc dom and others dominance
It shows altcoinbs power
Bear Harm - tgt $155BBearish Harm seems to be heading down to $155B-ish. $131B is also a possible support level.
Big MOVE on the cards for the S coins. TOTAL 3 : Inv. H&SInverted Head and Shoulders
has a great Bear to Bull cycle formation that projects to the neckline of the previous cycle H&S
Love seeing this type of confluence to give conviction of this big pattern.
Others Vs XRP.... We are here... lets see if my second adjustment plays out... if you want XRP to run we want this to break down...
Volume breakout for ALTSI pay close attention to the eth/btc chart and if it goes as planned, alt season is here.
Huge volume breakout on this chart.
Looking very positive
Others Vs XRPI made adjustments, as my previous retracement level was smashed through. After a re-assessment it would make sense my new target will most likely become a stronger resistance area for rejection
Altcoin Dominance Excluding Bitcoin & EtherWickoff Accumulation followed by short consolidation which shows signs of strenght.
Potential Altcoin explosion loading.
ALTS ARE IN FOR A -38%??Respect the fibs, because the price respects them. Double resistance at ~190 level. After or before we go there its possible a retest of the triangle - giving a -38% drop.
It's still just a channel...alts are in an upchannel on the H4 and breakout could go either direction. For me, no new positions until breakout & retest of a TL. Scaling back long positions is prudent.
Alt Rally..?The IHS tgt suggests an alt rally could happen next week. The current weekly candle has a LUS, so we may not rally.
Either way, the outlook through the end of the year is bearish based on the orange harmonic, and we will likely return near to the VPOC by Q1.
Potential drop for Altcoins Q4 2023Altcoins could drop 70-80% on average from current prices. Especially BNB is the one that looks the worst, and that Binance has been having problems during all this year (the ''FUD'' list goes on and on, and it's going to get worse).
Update OTHERSThere is an Indigo Diagonal pattern forming and about to be executed on the next downside
All data is on the chart
Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look
Good luck
#altcoin MCAP could break#altcoin perform since weeks ... we coudl assist to weekly breakout here, leading to the moon after
do not subestimate many X-es that could come
