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Total3marketcap

The Altcoin Market is About to Ignite: Here's What You Need to KAs we enter the final stretch of 2024 and head into 2025, the altcoin market is poised for a massive surge. Despite recent market fluctuations, whales have been quietly accumulating Bitcoin, while retail traders have been selling off for no reason. But the tide is about to turn. Whales Are Holding, Retail Is Selling On-chain data from CryptoQuant confirms that whales have accumulated $1.6 billion worth of Bitcoin in the last 3-5 weeks, while retail traders have been panic selling. Meanwhile, the ETH MVRV chart shows that Ethereum is currently undervalued, but is starting to shift upwards, signaling strong momentum on the horizon. Institutional Interest in ETH Longs Is Growing Strong institutional interest in ETH longs has been growing massively since November 5th, with 245,000 ETH in ETF inflows just this month. In fact, ETH ETF inflows have surpassed those of BTC for the first time, marking a major shift in the market. The Altcoin Market is Undervalued The altcoin market is currently undervalued compared to Bitcoin, with a ratio of 95% - meaning Bitcoin is heavily overvaluing the altcoin market. But this is a good sign for both. Based on calculations that factor in the ratio, stablecoin supply, and Bitcoin dominance, the altcoin market cap is predicted to reach $1.4 trillion by Q1 2025. The Rise of Altcoin ETFs The market is pricing in a massive altcoin ETF in 2025, something that has been predicted for over a year. Rumors are circulating that BlackRock and JPMorgan are planning to launch an XRP ETF, which would be a game-changer for the altcoin market. The Numbers Don't Lie In April/May 2021, the altcoin market cap was $984 billion, and by November 2021, it had dropped to 18% of Bitcoin's market cap. But now, the ratio is sitting at an extreme 95%, indicating that altcoins are seriously undervalued. Get Ready for Altseason The boring altcoin movements are over, and the altcoin market is on fire. The XRP ETF is coming, and it's going to be huge. Anyone who isn't paying attention is going to get left behind. With Bitcoin predicted to reach $130k and the altcoin market cap predicted to reach $1.4 trillion by Q1 2025, the time to invest is now. Summary As we approach the end of 2024 and enter 2025, the altcoin market is gearing up for a significant surge. Recent data shows that while retail traders have been panic selling, whales have accumulated $1.6 billion in Bitcoin, indicating a strong hold on their assets. Ethereum is currently undervalued, with rising momentum reflected in recent ETF inflows surpassing those of Bitcoin for the first time. The altcoin market is on the verge of a major breakout, with rumors of upcoming ETFs for XRP from major firms like BlackRock and JPMorgan. Currently, the altcoin market is heavily undervalued compared to Bitcoin, sitting at a 95% ratio, suggesting potential growth. Predictions estimate the altcoin market cap could reach $1.4 trillion by Q1 2025, with Bitcoin projected to hit $130k. Overall, the altcoin season is beginning, and it presents a prime opportunity for investors to capitalize on potential gains.
CRYPTOCAP:TOTAL3Long
by TheCryptoCity
Total 3 The chart illustrates the total cryptocurrency market cap, excluding Bitcoin and Ethereum, currently consolidating within a descending channel, often recognized as a bullish flag pattern. This pattern emerges after a strong upward movement, suggesting the potential for further gains once the consolidation phase concludes. The market is fluctuating between two red trend lines, which represent the upper and lower boundaries of this flag. Key levels of support and resistance are highlighted on the chart. The resistance level, around 783 billion USD, has been tested previously but remains unbroken, causing the market to pull back. On the downside, the chart identifies a strong support zone near the 550 billion USD marked in blue. This area has consistently served as a critical support level, making it a pivotal point to monitor for any potential bounce. The overall sentiment expressed is one of optimism, a massive bull run for altcoins. The ongoing consolidation within the bullish flag is viewed as a temporary phase before a likely breakout to the upside. After a confirmed breakout from the bull flag which could confirm the continuation of the upward trend and potentially signal the beginning of a new altseason. This indicates that the market may be on the verge of a significant move, and traders are advised to monitor these key levels for possible trading opportunities.
CRYPTOCAP:TOTAL3Long
by TheCryptoCity
The Cup and Handle Pattern: A Trader’s Blueprint for SuccessThe Cup and Handle pattern is one of the most reliable and visually recognizable chart patterns in technical analysis. A favorite among both beginner and seasoned traders, it signals a potential continuation or breakout and offers an opportunity for significant profits when traded correctly. But what makes this pattern so special? Let’s dive into its structure, Bulkowski’s research, and how you can leverage this powerhouse pattern in your trading. What is the Cup and Handle Pattern? The Cup and Handle pattern resembles the shape of a tea or coffee cup—complete with a rounded bottom and a slight dip forming the "handle." It typically forms in bullish markets and is considered a continuation pattern, suggesting that the trend is likely to continue after the breakout. Key Features: Cup Formation: A rounded, U-shaped curve that signifies a gradual correction followed by an equally steady recovery. A V-shaped bottom is less ideal but can still be effective in some cases. Handle Formation: A small consolidation phase or pullback, typically sloping downwards, that signifies hesitation before the breakout. Breakout Point: When the price moves above the resistance level (the lip of the cup), confirming the pattern and signaling a bullish breakout. Bulkowski’s Research: The Numbers Behind the Pattern Thomas Bulkowski, a renowned technical analyst and chart pattern expert, conducted extensive research on the Cup and Handle. His findings provide valuable insights into the pattern’s reliability and performance. Key Statistics: Success Rate: The Cup and Handle pattern has an average success rate of 65% for upward breakouts, making it one of the more reliable patterns. Average Rise Post-Breakout: Bulkowski’s research shows that the price typically rises by 34% after a breakout. Handle Depth: The handle should retrace no more than 12-15% of the cup’s height. Deeper handles tend to be less reliable. Volume Analysis: Breakouts with increasing volume tend to perform better. About 50-60% of successful breakouts occur with higher-than-average volume. How to Trade the Cup and Handle Step 1: Identify the Pattern Look for a rounded bottom (the cup) and a smaller pullback or consolidation (the handle) that does not exceed 50% of the cup’s height. Ensure the pattern forms over a reasonable timeframe—weeks to months for higher timeframes, or days for intraday trading. Step 2: Confirm the Breakout Wait for the price to break above the resistance level (the lip of the cup). Volume spikes during the breakout provide additional confirmation. Step 3: Set Targets Target Price: Measure the height of the cup and add it to the breakout point to estimate the target price. Stop Loss: Place a stop-loss slightly below the handle or the bottom of the cup to minimize risk. Step 4: Manage Risk Use a reward-to-risk ratio of at least 2:1 or 3:1, and avoid over-leveraging. Bulkowski’s research suggests the pattern’s success improves when traders maintain disciplined risk management. Tips for Spotting High-Quality Patterns Timeframe Matters: The longer it takes for the cup to form, the stronger the pattern. Bulkowski’s research highlights that patterns forming over 3–6 months tend to yield better results. Handle Characteristics: A tight, orderly handle is more effective than a volatile, erratic one. This suggests controlled consolidation rather than panic selling. Volume Trends: Look for declining volume during the cup formation and handle, followed by a sharp increase during the breakout. The Pitfalls to Avoid While the Cup and Handle is a high-potential pattern, not all instances are created equal. Here are common mistakes to avoid: Forcing the Pattern: Sometimes, price movements may appear similar but don’t meet the full criteria. Stick to well-defined patterns. Ignoring Volume: A breakout without significant volume may lead to a false signal. Trading in Weak Markets: This pattern works best in bullish environments where upward momentum can sustain breakouts. The Cup and Handle pattern combines simplicity with effectiveness. Bulkowski’s statistical research underscores its reliability, and its visual nature makes it easy to spot. Whether you’re trading stocks, forex, or cryptocurrencies, this pattern is a powerful addition to your technical analysis toolkit.
CRYPTOCAP:TOTAL3Long
by Alpha-Capital
very lil TA skills Altcoin 3 optimistic guess from here As of now I still have very little TA skills, and on this optimistic version of my guess/prediction from here, I just used the same few revelations I came across when I did my first ever btc chart (finding a parallel channel that fits previous price action, and then just duplicating the the parallel channel and stacking it, to get a basic blueprint of an overlay of potential resistance and support lines), combined with TA techniques from free Crypto Crew University youtube videos and an aggregate of other youtubers here and there, and I'm probably using some wrong but yea, this is my 'bullish' and optimistic guess/prediction as a first full cycle 'retail' hodler. If i'm not going on what I want to happen, my bearish feeling and guess/prediction would be, a 25%-35% sell off before or after thanksgiving, and either going back up shortly after and keep running through 2025 or worst and what it feels like, toping out around the 10th-14th of December. Feel free to tell me what will likely happen if you are an experienced TA chartist.
CRYPTOCAP:TOTAL3Long
by BigDreem192
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
CRYPTOCAP:TOTAL3Long
by Mihai_Iacob
30
Why ALTSEASON 2.0 is HEREIf you've been following for a wile, you'll know I've been speaking of Elliot Wave theory and cycles - and how, from a macro perspective, we are currently in a multi-month correction before another impulse wave up. By looking at the TOTAL3 chart, as discussed in the video, it seems likely that this may only be the BEGINNING for altcoins... and you'll see why. Even though multi-month corrections can be demotivating, patience rewards the faithful! Check out yesterday's analysis on Altcoins that are strong right now despite the recent dip: _____________________________ CRYPTOCAP:TOTAL3
CRYPTOCAP:TOTAL3Long
by Crypto-Check-
4
TOTAL 3 is bearishThe main structure of TOTAL 3 is bearish. A trendline is break down. It is now below the resistance (flip) By maintaining the supply, it can move towards the targets. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
CRYPTOCAP:TOTAL3Short
by iMoneyTeam
3
Correction for alts is probably overFor the past two months, CRYPTOCAP:TOTAL3 has been undergoing a correction. This correction was anticipated for many altcoins and, importantly, is very healthy for the market. Upon closer analysis of the chart, it becomes evident that this correction does not signify a trend reversal. Total3 halted its descent around the 600T zone, which does not represent very robust support. I anticipate a fresh upward movement from many altcoins, potentially propelling Total3 to reach the 850T mark.
CRYPTOCAP:TOTAL3Long
by Mihai_Iacob
3
WER we AR now, Toto? "Bark bark" - Toto answered and Elly pulled on the leash - "Look for blood, look for it!" And Toto starts sniffin' gutten Tag mein kline Freunde! its time to look at the big picture and here iz my opinion: we are the witnesses of the final (and most strong) wave before regulation and stuff. it shoud end BEFORE 2025, I mean that after 2025 correction of all previous growth will start. think, analyze and buy the dip. when it comes ofcourse, not now:) THEN. ps: the structure - I dunno, it seems like a ZigZag, will see - I will update this chart. Maybe ;)
CRYPTOCAP:TOTAL3Long
by zikkuratt
CONSERVATIVE TOTAL3 ALTCOIN MARKET CAP PREDICTIONThis is my conservative Total3 (no BTC or ETH included) altcoin market cap prediction for a minimum all-time high. Following the past trend, we can expect a high around ~$1.85 trillion . This is +178% from our current price and only a +70% increase from the prior all-time high in 2021. The expected date is an estimate taken from the number of days from the 2nd last ATH to the last ATH. The data is only a single set and should not be taken as fact in the slightest. However, if we use it as an estimate, we will reach a new ATH on September 15, 2025 , which is 558 calendar days from today. This is a strictly TA breakdown of the Total2 market cap. With full transparency, I think it is realistic that we will see a greater move than this. We may see this trend line only as resistance before breaking even further above $1.85. I have no time estimate for this. Everyone knows we now have Bitcoin institutionally adopted. ETFs have exceeded inflow expectations and could lead to greater ATH's than predicted, which could be an indicator for the same moves for altcoins.
CRYPTOCAP:TOTAL3Long
by altsandislands
4
Alikze → TOTAL3 | Completing wave 3 upIn time D1 and H8, it is moving in an ascending channel, which has now entered an ascending rally after an ascending cycle and a correction in the form of three waves, which is now in the ascending wave 3, which has the ability to reach certain areas. will have the This moving wave has so far returned 100% of wave 1, which has the ability to reach 1.272 and 1.618, and then, if corrected, it will enter corrective wave 4, and finally wave 5 can extend to at least the specified supply area. The current wave can have two behavioral scenarios according to the supply area of the previous ceiling. First scenario: pull back internally and continue the route The second scenario: the failure of the supply and pullback area and the continuation of the path, which if this scenario is realized, should extend to the indicated Fibo areas. ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
CRYPTOCAP:TOTAL3Long
by UnknownUnicorn7266498
9
TOTAL3 free to runI never had the time or I forgot to post something about this over the last month, however TOTAL3 turned pretty bullish after breaking out two different resistances. As you can see the second one was retested and since then we're in up only mode. I expect some reaction once we get to next resistance. I personally don't see any real resistance until that daily one I indicated on the chart. This bull season is going to be fun unless you messed up every single coin/token in your bag! In that case it will be very sad!
CRYPTOCAP:TOTAL3Long
by Shotokhan