Discover and read the best of Twitter Threads about #TOTAL2

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When #Altseason ?? 1/8🧵

$TOTAL.2 is testing the previous high, expecting down-trend to end once we test the upwards sloping trendline.

Price might stay sideways inside the blue box for a little longer until $BTC is forming its bottom.

#alts #total2 #btc
$BTC vs $ETH/BTC

If you pay attention to the 2019 bottom,

As soon as #Bitcoin bottomed out we saw an inverse co-relation ~ where ETH/BTC continued to dump & $BTC outperformed ALT/BTC during its first leg up.

2/8🧵
$ETH /BTC

$ETH got rejected near 0.085100 sats , Looks like a possible rounded top, if we see something similar to 2019 we can expect a re-test of 0.05000 !!

( ETH/USDT might go up & ETH/BTC might bleed slowly at the same time)

3/8🧵
Read 8 tweets
So 2022 has been a turbulent year for the #Crypto markets including some of the largest scams in history, a record number of rug pulls and thefts, along with 80% downward sell pressure on #Bitcoin alone

So here are my thoughts on how I see the markets unfolding in 2023 .. A 🧵
1 - #Bitcoin

So in 2023 I am expecting BTC to begin to form a bottoming pattern at the lower boundaries of the range we currently sit in, along with the volume support around $11,000 - $9,000.

Whether we capitulate or a slow grind down is to be seen
2. $TOTAL / Total MC

In 2022 we have seen over 2 trillion removed from the #Crypto space. Now this is a good thing to help cleanse the space from bad projects and cash grabs

Now in terms of levels I am keen to look at are

- 590 Billion MC
- 350 Billion MC

20% drop minimum ‼️
Read 12 tweets
TA vs FA

Technical Analysis vs Fundamental Analysis

TA works 90% of the times, FA works many times but when FA works, TA takes a backseat

Don’t blindly use TA during times of major economic events & catalysts from other co-related markets

Thread 🧵
It’s wise not to use TA during the black swan events or during uncertain emotional events

Wait for that event to pass & TA will eventually takeover price action

Global stocks are dumping hard with Nasdaq $NQ leading the pack. For now $BTC is closely correlated with #Nasdaq

..3
#Bitcoin gave up all the gains and is back below original breakout levels. I won’t apply TA for the day until I see Nasdaq finishing a floor. The dump is brutal and hard.

Next support for NASDAQ is 5% away from current levels. Let’s wait and see if that holds

….4
Read 12 tweets
Diyagonaller ve Üçgenler | #Bitcoin #Ethereum #Elrond #FTM #WRX #NEO Elliott Dalga Analizi
#mith #flm

Image
Yassı -> A, B yayvan, yavaş / C hızlı, ani, sert (Beyaz)
Zikzak -> A hızlı, ani, sert / B, C yayvan, yavaş (Kahve)
#kriptopara ImageImage
#total2 ve #btcdominance da durum buysa ki öyle görünüyor, bak sen #ALTSEASON a. Bu ay hızlı geçecek. #kriptopara #Bitcoin ImageImage
Read 20 tweets
-- Educational - When is the next “Alt Season”? --

[An 11 Part thread, bear with it.]

1. What is Alt Season?
2. What is #Bitcoin Dominance?
3. How to interpret BTC.D
4. How to trade based on BTC.D pt.1
5. How to trade based on BTC.D pt.2
6. What is TOTAL2?

cont...
#Crypto #BTC Image
-- Educational - When is the next “Alt Season”? --

7. How to interpret #TOTAL2
8. How BTC.D and TOTAL2 can be used in conjunction Pt.1
9. How BTC.D and TOTAL2 can be used in conjunction Pt.2
10. What is the current state of play Pt.1?
11. What is the current state of play Pt.2? Image
-- What is “Alt Season”? --

🔹 A.k.a Altszn, is a part of the #cryptocurrency market cycle when many alt coins “moon”
🔹 "Mooning" is when a coin go up quickly in price
🔹 Basically an Altszn is when the Alts are out performing #BTC against the $

#altszn #bitcoin #crypto Image
Read 14 tweets

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