TOTAL3 trade ideas
Altseason Indicator Total 3 - capitalization without BTC and ETHLogarithm. Time frame 1 month. The chart shows two major and one minor cycle of pumping alts and the market as a whole. This chart emphasizes the time of alts pumping without taking into account the heavyweights BTC and ETH , which occupy a huge share of the crypto market.
That is, directly makes it clear when the long-awaited alt season begins. All major previous and future alt season on the chart. Note that these are the maximum prices for most altcoins in a certain phase of the market. Be sure to clean out your pockets alts during these times.
The capitalization of these assets has long been in a squeeze - consolidation, there is a direct correlation with the accumulation zones. We are in the final accumulation phase.
Note that there has been no real capitulation (perhaps there won't be, and if there is, it will be V figuratively , but that's not the point).
That is, as soon as the reversal levels (marked in yellow) are broken through - the prices of these groups of assets begin to rise. The "participation" phase is launched on the market. That is the price movement to the distribution zones.
As a rule, by this phase of the market ( distribution ) capitalization grows 10 times , prices accordingly. This is the time - "the hamster is not scared", i.e. the time when one should get rid of (lock in super profits) from "promising crypto garbage".
Below provided is a basic variation of asset group grading on tradingview that makes sense to monitor and use as true market indicators. This gives insight into potential asset group pumps/dumps or market phase changes. These types of "ideas" are done once and for many years. Because relevance is never lost if you understand the point
1) Market capitalization of different assets:
Crypto total cap - total market capitalization of the market in $
Crypto total cap 2 - market capitalization excluding BTC in $
Crypto total cap 3 - market capitalization excluding BTC and ETH in $
2) DeFI projects:
Crypto total cap DeFI - DeFI cryptocurrency capitalization in $
Crypto total cap DeFI.D - capitalization in % terms of DeFi dominance to the market
3) Major Stablecoins:
Market cap USDT - USDT capitalization in $
Market cap USDT % - capitalization in % terms of dominance to the whole market
Market cap USDC - USDC capitalization in $
Market cap USDC % - capitalization in % dominance expression to the whole market.
4) Bit cocaine
Market cap BTC $ - capitalization of BTC in $
Market cap BTC dominannce % - capitalization in % dominance expression to the whole market.
5) Ethereum
Market cap ETH $ - capitalization of ETH in $
Market cap ETH dominannce % - capitalization in % expression of dominance to the whole market.
6) USD index (DXY)
The US Dollar cyrrency index is the most important indicator of the pamp/dump markets as a whole (more globally, not just crypto).
Market cycles are humans behavior, what is displayed on the price chart and which lends itself to cyclical thinking/actions, which shapes the market direction. .
Below I will publish similar ideas — indicators that I have published previously for several years and that for obvious reasons remain relevant. I will also make analysis of new groups of assets by capitalization from the list, which have not been analyzed before. But, I will do all the analysis of instruments only when I have free time.
I smell Altseason.Currently the Overal Crypto Market Cap is at 1.4 Tril. I see first resistance at 1.6 Tril.
More importantly Altcoin Crypto Market Cap is at 420 Bil and nearing the 450 Bil zone. If it breaks above that i think altcoins will go nuts.
Most liekly the altcoin market bottom is in. My altcoin portfolio has been pumping nicely. Main holdings NASDAQ:ROSE $AZERO AMEX:NEAR and $DOT.
Still would like to accumulate some AI exposure, looking at JSE:GRT and also some MOEX:ASTR GPW:QNT but not a priority
TOTAL 3: One possible bullish scenario
For a true Alt season (excluding ETH) we need to break and sustain above 440 billion in Total3.
440 billion is the last top that led to the lowest low of 290 billion.
For a bullish reversal in T3, we need to break (and sustain above) that top (i.e., 440 billion) and then retrace and then continuation.
#TOTAL3 ALT SEASON WYCOFF ALIGNMENTI see there is 2 models overlaying each other. The Black text states we are in the sos stage where as the red text states we have more to go before the ALT season bull run.
Definitely in the last stages of accumulation and towards breakout.
Refer to my video stream for more indicators supporting this thesis.
regards,
S.SAri
TOTAL 3 Do you bullieve?If you are familiar with Howard Marks market cycle it's very evident this chart is following exactly along. This chart appears to be in the G phase of Howards cycle. This stage can also be categorized as "Disbelief." The tides have turned and those who watch diligently are paying attention. One thing is for sure, it will take time. Better to buy daily and have patience than trade yourself out of life changing money.
ALT Cap & BTC Cap | Happy Together Liquidity is Kinglooks like BTC has a banker of it's own to get liquidity and maintain Fear Greed
as well as ALTs uncompromised from BTCs funding
LONG story short... Alts have body guards to support fresh investors not to panic and reward towards Q4 and Q1 next year
Total 3 is still struggling if this analysis is right, so just be patient we going to see a huge move down in Atls. Don’t forget to take profit as unrealised profit is not your until we book it.
Total 3 is still in zone we may see many alts creats lower low unless it breaks up side. there are some possibilities that it can also break up side however until proven otherwise we are still bearish.
dont listen to noice of influencers, they are just making you exit liquidity. See whats going in real world
Total MC vs Total 3Total MC of crypto vs Total 3 is in completely different situation.
TOTAL MC has already broken trend but still facing resistance from 2017 however, we have been hovering in the same zone from quite a long time now so there is a tiny possibility to break out this zone
BUT
Total 3 is in completely different situation, there hasn’t been break out yet so we know that if Total MC do break we can still see alts making lower low until we break this zone.
alts short/midtermafter my previous analysis on alts , this is an update about where we can go from here in the q4 to q1 2024 .
in my opinion alts are showing strength (take a look on my alts/btc chart ) . btc could go for a parabolic run from here 50-60k . final target depends on btc and alts dominance .
the targets represent where we can go before a major correction/crash or a corrective wave .
we will update later when we have more data of where we can extend with this movement .
this is not a financial advice
thank you
Alts chartYou can build this chart your self using tradingview . Its simple total 3 - xrp - stables . I excluded xrp and eth because i am interested only is mid-small caps .
Alts for now not so negative if they stay within the range indicated. This is a short term analysis . Closing 2-3 day below the range is negative .
This is not finnacial advice.
Alts soar or dump ? This is the most reliable and important alts chart you will find in the internet , after altperp ftx alts goes down because of the ftx collapse , in this chart you can see the bear flag pattern , i think that this small alts rally will end and we will reach the bottom of the channel and then , i expect bearking down to the indicated lelel 120-110B for alts market cap excluding stables and ETH . (SAME THING IF WE INCLUDE ETH ) .
The pattern could not succed and the alts will go to the other direction of course , the pattern do not succeed every time !
There is bearish hidden divergence that would help to increase the possibilty of the rally termination
Another argument i need to point out is the stable coin dominance. :
This is not a financial advice.
Thank you
Altcoins range overviewassuming that btc started its bull run jan-2023 , altcoins still in the range indicated in the chart . the 3 red lines where the prices are in , represent the range and the mid range we are trading in for almost a year and a half . the cyan lines indicating 3 months mother and inside bar which we are trading in for 450days now with the deviations indicated in the red boxes up/below range .
if we assume that we had bottomed , you can dca using the lines/levels inside the range . if you want to be more risky and as a result more profitable ,, you can accumulate alts inside the purple box indicated in the chart . it should be the deviated of the whole range assuming that we have not bottomed yet , the purple box have confluence indicated in my previous charts , (yo) indicated the yearly open that prices tend to revisit often .
the black lines are targets in case we will have altcoins rally .
if you want to accumulate and dcaing into altcoins . this chart is key for you , you keep an eye on the levels one after one ignoring the FOMO/FEAR in the media .
this is not a financial advice .
thank you