OTHERS trade ideas
OTHERS MCAP, Emphasis on June 2022Many of my charts are suggesting a June 2022 end to the bull market
Similar price points can be seen at .618 and 1.618
The curved pattern is pretty cool to observe, I wonder if it will continue further upwards
We are currently in the green circle, a pullback after a bull run, preparing us for the bigger second phase bull run, which is plotted after the green circle
This chart above also suggest June 2022
Total Market Cap Analysis -BTC and ALTS Short for ALTS Total market capitalization is slowly trending down, capital is going out of the market.
Levels to watch for total alt coins market if we break $185B there's a possibility that August will be a red month (Shorting is still majority of my trades spotting on the LH )
But we cannot take away the possibility of market reversal in the short term as the market will always create its LH.
If we break down below $146 B for the alts MC things might get worse there or we see supply build up.
Overall trend we are still into a long downtrend.
Is this the time to bag ? Not yet .
Moving Average Analysis - MCAPFrom these charts we can draw the conclusion that the chart 'OTHERS' is developing the separated three moving averages that can be seen on TOTAL.
A moving average pattern like this can last from months to years.
We can also draw the conclusion that Bitcoin is not completely connected to alt-coins and there is a disconnect between the two. Also we may see OTHERS excel above TOTAL, as it is clear that the chart is at a younger stage of development relative to the moving average structure.
Interested to see how this plays out. Remember, Diamond hands!!
The best indicator for Bear Vs BullThe indicator is called Gaussian Channel
It is great and I thought I would share,
Clearly shows bear runs and bull runs
We are early, in the beginning of a bull run, if history holds any value this could push massively to the upside
Message me if you would like a link to the indicator :D
Alt Coin / Total Crypto Market Cap Growth PotentialThis was based on an idea proposed by Nicholas Merten in a recent tweet. The diagonal line serves as the median point on a sine wave pattern we see emerging in the growth of market cap over the entire crytpo-currency space. The range projected for the next cycle as we approach crossing above the median. If we expect a similar curve, and use even a small fraction of the previous growth cycle, the gains still appear to be quite large.