OTHERS is having a trend reversal.The crypto total market, excluding the top 10 cryptocurrencies, has been consolidating since the end of November 2024. Now, it seems this consolidation phase is over on the daily timeframe.
The bearish divergence has played out, and CRYPTOCAP:OTHERS is breaking out of its downtrend.
A potential surge of +70% is on the horizon, with resistance and support levels indicated by the green lines.
Based on this analysis, I expect the altseason to start soon.
DYOR!
OTHERS trade ideas
ALTSEASON to $3 Trillion with BITCOIN at $200k??This is not the first time we make the comparison of the current Altcoin (Crypto Total Market Cap excluding top 10) Cycle with the 2014 - 2017 one. But it is the first time that we make this comparison, including Bitcoin's (BTCUSD) Cycles.
As you can see, there are striking similarities between the Alt Cycles:
a) Both bottom formations were in the form of a Cup pattern
b) A Pivot trend-line that turned from Resistance to Support
c) The MA50 (blue trend-line) was supporting once broken until the next Bear Cycle
d) A Bull Flag after the MA50 break-out found support on the MA50 and 0.382 Fib and started the Altseason (green Channel Up)
e) That Bull Flag started with a MACD Bearish Cross and ended on a Bullish Cross
It appears that we are now on the stage where Alts have the 1st consolidation of the Parabolic Rally. What's remarkable and the key difference between the two Cycles, is that this time BTC has diverged massively and made a new All Time High (ATH), while alts haven't.
Of course this is directly attributed to the Bitcoin ETF, which attracted enormous amounts of capital that pumped the asset beyond the technical restrictions of this model. This may be an indication however, that part of this capital may be diverted to Alts, once partial BTC profit taking takes place, as it has happened during every Altseason.
In any event, if the Cycle continues to replicate the 2017 rally, it should reach the -1.5 Fibonacci extension, which would translate to at least a $3 Trillion Altcoin Market Cap, while Bitcoin would be close to the $200k level! That may seem unrealistic in terms of market cap, but so did the levels during the 2020/21 and 2017 rallies. It all depends on whether Bitcoin can continues to attract outside capital with this pace, which will in turn grow interest on the rest of the crypto market and also on the rate of adoption (companies, consumer use of crypto).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Calling ALL Traders: Time To Go LONG (Spot: Accumulate)To all those bullish traders following the Altcoins market and using leverage, I would like to remind you that we are on!
The market is ready now and we are ready for a new higher high, a new leg-up and the extension and continuation of the 2025 bull-market.
Some examples of trading pairs that are ready to move forward are: POLUSDT, ETCUSDT, ETHUSDT, LINKUSDT and many others.
As usual, there can be strong variations between certain pairs and projects so make sure to choose wisely; but, as a whole, we are ready.
I am talking mainly about the medium-sized and smaller Altcoins. Mainly those that produced a small wave in late 2024 and are trading within their long-term consolidation range. The same range that was active throughout 2022 and 2023 with sideways action. These are ready to move strong.
The hidden gems are super bullish right now.
In a matter of days, it will be pretty obvious what I mean.
Spot traders should maximize their accumulation efforts. Time is running out.
Looking at the OTHERS index chart, support is found at 330B. This index is set to move upwards toward 500B first followed by 600B and finally 754B. There is potential for the OTHERS to reach as high as 1.18T if we have an awesome bull-market. 754B is the main target.
➖ Positive Market Talk
If you are reading this now you are in the know.
If you are reading this now you have great timing.
If you are reading this now you are early in relation to the 2025 bull-market bullish phase and final bull-run.
If you are reading this now, you must be pretty smart. Think about it.
I am not saying on this a whim, think about it... There are billions of people on this world, billions with access to the Internet, browsing the web. Only a few millions are aware of the Cryptocurrency market. Only a very few of the total world population are preparing themselves to trade.
There will be many millions more rushing in, fighting, screaming and kicking to buy Bitcoin and the Altcoins market when everything is up.
If you are reading this now, you are better positioned, you are doing something right and this right-action will pay off.
The market is growing and continues to grow.
The market is young but getting older and moving at light speed. So much innovation, so much goodness, so much greatness... And the best of all, fights are being fought in the USA courts and Crypto is winning everything over and over. We are in the right place at the right time. We made the right choice.
We chose Crypto and the world is choosing Crypto.
Crypto is supported by the rule of law.
The law is in favor of Crypto, think about it, and all the tyrants and control freaks that wanted to shutdown the market were instead shut down by the populace and the courts.
If you are reading this now, know that the market is young and everything that seems unsettled, disorganized is part of the growth process.
Think of yourself. How was your life when you were young, really young?
Everything becomes more stable, more reliable, understandable and easier to navigate as you grow. It is the same for the market.
It is the same for the internet.
It is the same for finance.
It is the same for the whole world.
We are young in many ways but we are maturing.
Our consciousness is expanding, we are ready to experience abundance and Crypto is here to fulfill this need.
Cryptocurrency is the future of finance.
Crypto is the only money that you will ever need to be, breathe, live and succeed.
Let's trade together long-term.
The Cryptocurrency market has gone mainstream and is here to stay.
There are many ways to approach the market. You can buy and hold, keeping it simple, or you can make a plan and choose to trade.
You can use leverage just as you can trade spot.
You can do whatever you want.
Opportunities are endless. More and more innovation is happening everyday. This is only the start.
Let's make the most of the fact we are in early.
If we are reading this now, it means we have the potential to enjoy the entire bullish phase.
What actions will you take now to ensure you will make the most of what is about to happen?
How will you profit from this 2025 bull-run?
I'll see you at the top.
Maybe this time we can get together at the end of this bullish phase.
Thank you for reading.
Your support is appreciated.
Namaste.
Hints of a Possible 3rd major wave down. In a recent OTHERS publish I made, I explained that there is a possibility that a 3rd major wave down has not formed yet. Clues are starting to appear that demonstrate that this could be the case.
Potential Clue: Newly formed candle developed underneath the SUPPLY LINE.
I do expect to see a small time frame 5 minor waves down until we see the bottom of this potential large time frame 3 wave correction.
I have suggested 2 areas of possible support, but this is only a suggestion, as MM's are really having a ball this cycle.
DIPS are showing up everywhere, I feel like a kid at the candy store. But always remember to trade with caution, not off emotion. Good luck traders!
-Not Financial Advice-
Previous Publish
Altcoins markets is breaking out hi traders,
Let's have a look at altcoins market (exculding 10 top coins).
It looks mega bullish and most likely the next 1-2 months will be pumpy for altcoins.
Some time ago we published the analysis of the Bitcoin dominance which match with this prediction for altcoins market. Check it out:
Don't miss it out.
The cup and handle patter is confirmed and the price is breaking out as we're preparing this trading idea.
Technical target is shown on the chart.
Dips are for buying.
This is what you were waiting for! Many alts still very cheap .
Buy low , sell high.
Good luck
$OTHERS - Confirmation of ALT Season with Breakout
Following on from the idea last week, we can see the follow-through on OTHERS with a breakout from the bull flag and indicators like MACD, and RSI in bullish alignment
Time to head Higher and front run the inauguration of the most crypto friendly President and Government appointments.
Alt Season: The Calm Before the Storm?Hi fellow traders, Crypto21Official here! 🚀
After a strong impulse in the crypto market, we’ve had a teaser of what could be an alt season. The crypto market cap chart (excluding the top 10) showed a beautiful surge to $450 billion, a key level that marked the recent high.
Since then, we’ve retraced around 27%, and the downtrend appears to be losing momentum. Right now, we’re dipping into a key buy zone, where I’ve marked a potential double-bottom pattern. If confirmed, this could signal a bullish reversal and set the stage for further growth.
On the Bitcoin Dominance (BTC.D) chart, we still see room for dominance to rise slightly before a healthy decline could pave the way for a full-blown alt season. Historically, such patterns have preceded explosive altcoin growth.
Why Could January Be a Game-Changer?
Tax-Loss Harvesting Rebound: As the year ends, investors often sell assets to optimize for tax benefits. By January, these funds tend to flow back into the market, sparking renewed interest.
U.S. Election Cycle Momentum: Political developments surrounding the U.S. election cycle could act as a macro catalyst, influencing risk-on markets like crypto.
Historical Patterns: As we’ve seen before:
Bitcoin typically leads the market with a strong rally.
Altcoins dip or consolidate.
Then, altcoins blast off, following Bitcoin’s momentum. 🚀
My Take
I remain bullish, expecting January to be a pivotal month for Bitcoin, which could open the floodgates for altcoins to follow. History doesn’t repeat itself, but it often rhymes. Let’s see if the market plays along. 🌕
What are your thoughts? Are we on the brink of something big? Let me know below! 👇
OTHERS May be Due for a POPCRYPTOCAP:OTHERS - Looks like a possibility that a 3 wave correction may be completed. Price action is showing signs of a potential pop, breaking out of the demand line. If we can close above the demand line, this is a bullish clue.
We did hit retracement down to the 0.5 on the 20th of December, touching the 1:1.272 window. The 0.5 is considered a bullish ratio.
HOWEVER: On a larger time frame; this could be a trip towards the second wave, with another dump down to a 3rd wave, too early to tell.
Historically, 30-ish % pull backs are common during this phase of the cycle. Being that income tax season is upon us here in the great U.S., this could have a positive effect on the market.
Good luck traders, it is the year of the Bull Run! Apply all of your strategies learned in 2024 and lets make this our most prosperous year yet!
-Not financial advice-
CAUTION - 35% drop coming to AltcoinsThere are 2 options it could play out,
1) Go high 17% and grab liquidity at 410B and nuke by 44% to Order Flow at 225B
2) Nuke by 35% in few days and accumulate at 225B
This will invalidate if closes above 451B market cap.
Don't FOMO in small rallies, it could be trap. Wait for confirmation.
$Others setting the Scene for 100% + MoveA few reason for continuation for the next move up.
Bull Flag on CRYPTOCAP:OTHERS
Momentum indicators, MACD and RSI have reset and ready for another leg higher
CRYPTOCAP:BTC.D Backtested highs and ready for drop
Fear and Greed Index reset, from extreme Greed to Neutral
This is looking great for Tier 1 Alts, Alt L1 and L2 Ecosystems
Most bullish on:
BINANCE:JASMYUSDT
BINANCE:CRVUSDT
BINANCE:FETUSDT
BINANCE:TAOUSDT
BINANCE:FTMUSDT
BINANCE:EGLDUSDT
$BINANCE:XRDUSDT
BINANCE:INJUSDT
BINANCE:ARBUSDT
BINANCE:ENJUSDT
Probabilities of the Altcoins?Please observe the recent candles on the outer boundaries of the Bollinger Band, also notice how when we started to see the recent long wick candles on this time frame combined with the RSI and CCI in the overbought zones we then had a correction. Now, notice we currently have a bearish long wick candle touch a FVG and a support, hopefully that will theoretically be enough buying pressure to give us another bullish candle, if not we may fall to the basis of the Bollinger Band where there is also another FVG, and if that fails we may test the Demand below. But this is crypto maybe the correction is a result of tax harvesting or people buying presents for the holidays, or just crypto being extremely volatile. Let's observe the candles and their reactions to areas of interest and key levels and also other timeframes and consider news and fundamentals.
ALTSEASON Merry Christmas with the biggest Buy Signal out there!First let's start this post by wishing Merry Christmas to the whole community!
It's yet again the total crypto market cap (excluding the top 10 tokens) that we are looking at as this time we have the strongest possible buy signal on the 1M chart! The 1M MA20 (blue trend-line) has completed a cross above the 1M MA50 (orange trend-line). The last time this happened was during the previous Bull Cycle on the most symmetric time possible, December 2020. In the meantime, the 1M CCI was almost at the same level (around 180.00).
This sense of highly cyclical repetition, indicates that the following months could be as aggressive as January - May 2021 for the market, when it topped on the 1.618 Fibonacci extension from the Cycle bottom. If that feat is repeated, we look towards a 1.65 Trillion market cap in 2025. We can't be more bullish for an upcoming Altseason than that!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
ALTCOINS Relentless alt season started after Christmas.This is the crypto total market cap excluding the top 10 of crypto and the 3 charts show the price action around the Christmas day of the last three Cycles. This is best to be kept simple. The months leading to Christmas are normally either correction or accumulation phases. What followed straight after Christmas in 2020 and 2016 was a relentless rally. Given that the altcoin market just tested the 1D MA50 and is rebounding, historically we can see a similarly aggressive rally as soon as January 1st 2025. Especially considering that the 1D RSI got bearish at 40.000 and rebounded immediately. The market can technically reach as high as 2 Trillion in capitalization during this run.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Wave4 is complete, here setup for wave5CRYPTOCAP:OTHERS setup very much same to CRYPTOCAP:TOTAL3 only difference is level of wave4 retracement - 0.62 compare to regular 0.5 on TOTAL3 that is more common for wave4. But consider that OTHERS consist more meme coins its no surprise it have deeper retrace. Both wave2 and wave4 completed same sized wave correction.
But even with such deep retrace its not overlapping with wave1, thus regular targets as 420B(1.272) or 515B(1.618) are what can be expected based on closed price projection. 1.272 provide reasonable projection and stay within monthly range, but consider fact this index of everything but top10 it can skew on extremes easily.
And there more conservative/alternative way to calculate projection that give us zone of 400B-455B of interest.
Timing wise, last 3 times crypto peaked around December plus minus month. But all previous bulls markets have 24-28 month cycle from lowest monthly bar of bear market. Thus making this December - 24 bar peak on low end and early spring on high end to reach it.