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Die Gaming-Welt war früher übersichtlich: Bei Mario ging es ums Springen, bei Zelda ums Erkunden und bei Tetris ums Puzzlen. Heute verschwimmen die Grenzen zwischen den Genres – und das ist gut so. Ein Plädoyer für mehr Offenheit in der Gaming-Community.
Topics: -Parabolic price movement is next -Detailed explanation of Elliott Wave Count -Path to the top of the smaller MOASS box at 2400 -JANUARY -The cat and the emoji timeline
Nearly Everyone looks to BTC.D to judge when ALT season starts, and while it is obviously Not wrong to do so, I have Looked at OTHERS.D for a while. alongside BTC.D And this is what I find. But first, a little History lesson. Bitcoin began in 2008 and was obviously The only one. The First ALT coins were mined in 2011 and included LITECOIN and NAMECOIN. ETHERIUM was not created until July 2015 - ETH is NOT the original ALT by a long way but it was marketed better. So, What is OTHERS.D The symbol "OTHERS.D" refers to the "Crypto Total Market Cap Excluding Top 10 Dominance, %" index. This metric is used to track the performance of the cryptocurrency market, excluding the dominance of the top 10 cryptocurrencies by market capitalization. Or the Mid to Low Cap ALTS Previous altcoin seasons have witnessed remarkable surges in various altcoin prices, with some experiencing exponential growth within relatively short periods. Examples of notable altseasons include the bull runs of 2017-2018 and 2020-2021. To the Chart https://www.tradingview.com/x/rvn6n8u3/ Vertical bold gashed lines are Bitcoin Halving dates Vertical Green dashed lines are Bitcoin ATH dates Green Boxes are ALT seasons that lasted more than a week. We have had only 2 real ALT seasons previously and, if I am honest, it may remain that way. Bitcoin has attained Mass adoption now and Corporate ownership. But Time will tell and the ALT market is still seen as THE money maker. But Bitcoin Dominance has to drop for ALT season to begin - OR DOES IT ? YES - But we can also see how the Lower Caps rise, outside of the ETH based ALTS The REAL ALTS, like LTC Run with this chart And I wan to show you something I have noticed. See the Day count from BTC ATH in Jan 2018 to the Low in August 2019 ( A ) of 608 days From there to the beginning of the next ALT season was 519 days ( B ) From the ATH in Nov 2021 to the Low in Jan 2023 was 577 days ( Aa ) If we project a similar day count for Bb as we had for B, it takes us to --Drum Roll----- NOW ( this is a monthly chart so we need an allowance of error of at least 15 days either way ) Also note how ALT season begins BEFORE BTC ATH And with predictions of ATH in March to Dec Next year, this works out well. BUT I WILL SAY - this is based of only 2 previous occasions and you will also note how much SMALLER the 2nd ALT season was. As I said at the start, Bitcoin is THE Crypro. It will always be number 1 The Multitude of ALTS entering the market have not changed that. But BTC.D just took a fall in the last 24 hours, ALTS Are running Hot right now. ALT SEASON MAY HAVE JUST BEGUN
Alt coin that would blast - Inverted H&S This is another coin that is going to blast, formed bullish pattern at the bottom Enjoy, keep learnign and keep earning GK Trade Manthan
Alt coin that would blast - Inverted H&S This is another coin that is going to blast, formed bullish pattern at the bottom Enjoy, keep learnign and keep earning GK Trade Manthan
Alt coin that would blast - Inverted H&S This is another coin that is going to blast, formed bullish pattern at the bottom Enjoy, keep learnign and keep earning GK Trade Manthan
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Alt coin that would blast This is another coin that is going to blast, formed bullish pattern at the bottom Enjoy, keep learnign and keep earning GK Trade Manthan
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.