When is the best time to buy Altcoins?
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The short answer is... Now, this year into early next year.
Although I would expect a lot of similarities this market cycle, I would also expect some differences.
So let's start with the yellow diagonal line with the up trend. This line was originally drawn through the BTC price action. Look at how it actually works perfectly with the TOTAL3, PERFECT!! So, according this chart the alt cycle big moves won't come until 2024 around the September time frame.
If we pay attention we will notice a separation From the the BTC market cap to the TOATL3 market cap that opens up during the bear market. We can also see it also mimics the bitcoin market cap until it finally closes the gap in the final stage. Solid yellow line is the BTC market cap & the candles are the TOTAL3.
The bars between moves
88 BARS is from top to top
57 BARS is from top to the start of the final wave (double bottom)
36 Bars is from when it breaks the up trend to
Not market on chart.
62 bars from the breakdown of the trend line to breakthrough back above it would but it in early February of 2025, pretty much right on schedule.
This chart is on the 2 time frame so each bar equals 2 weeks..
The indicators below are TDI and RCI 3LINES.
Here is where some of the differences might come in to play.
we'll look at the TDI first. I want you to keep in mind that I have zoomed in this indicator to show the moves more clearly. In 2019 the RED line (fast moving line) made a fairly big move up and broke through the top of the channel. It then dropped below the middle line (Yellow) and went sideways until it's next move again piercing the top of the channel although not as high into the inevitable
COVID Crash. Comparing to this bear market the TOTAL3 has made a move off the assumed bottom but it wasn't as strong as the move in 2019 as shown by RED line. Also this time the RED line seems to have found support on top of the Yellow line showing more strength in the correction phase. If it does n=hold I would expect the next move to be higher than the initial one which would be different from the last bear market. I also think this will continue all the way up.
RCI 3LINES RED FAST / BLUE 2ND FASTEST / GREEN SLOW
The all important Blue line has crossed up on the green line. Once the red line turns back up, the move will follow.
All in all it is good time to start to accumulating your altcoins of choice. Keep in mind although they do move together for the most part, they all have they own cycles as well.
Thank for looking. Let me know what you think down below.
WeAreSat0shi
Although I would expect a lot of similarities this market cycle, I would also expect some differences.
So let's start with the yellow diagonal line with the up trend. This line was originally drawn through the BTC price action. Look at how it actually works perfectly with the TOTAL3, PERFECT!! So, according this chart the alt cycle big moves won't come until 2024 around the September time frame.
If we pay attention we will notice a separation From the the BTC market cap to the TOATL3 market cap that opens up during the bear market. We can also see it also mimics the bitcoin market cap until it finally closes the gap in the final stage. Solid yellow line is the BTC market cap & the candles are the TOTAL3.
The bars between moves
88 BARS is from top to top
57 BARS is from top to the start of the final wave (double bottom)
36 Bars is from when it breaks the up trend to
Not market on chart.
62 bars from the breakdown of the trend line to breakthrough back above it would but it in early February of 2025, pretty much right on schedule.
This chart is on the 2 time frame so each bar equals 2 weeks..
The indicators below are TDI and RCI 3LINES.
Here is where some of the differences might come in to play.
we'll look at the TDI first. I want you to keep in mind that I have zoomed in this indicator to show the moves more clearly. In 2019 the RED line (fast moving line) made a fairly big move up and broke through the top of the channel. It then dropped below the middle line (Yellow) and went sideways until it's next move again piercing the top of the channel although not as high into the inevitable
COVID Crash. Comparing to this bear market the TOTAL3 has made a move off the assumed bottom but it wasn't as strong as the move in 2019 as shown by RED line. Also this time the RED line seems to have found support on top of the Yellow line showing more strength in the correction phase. If it does n=hold I would expect the next move to be higher than the initial one which would be different from the last bear market. I also think this will continue all the way up.
RCI 3LINES RED FAST / BLUE 2ND FASTEST / GREEN SLOW
The all important Blue line has crossed up on the green line. Once the red line turns back up, the move will follow.
All in all it is good time to start to accumulating your altcoins of choice. Keep in mind although they do move together for the most part, they all have they own cycles as well.
Thank for looking. Let me know what you think down below.
WeAreSat0shi
Nota
Altcoins have dropped, most have made new lows some are what seems to be double bottoming. All Altcoins follow the broader trend and some have their own cycles. This is nothing to be concerned about. what ever Altcoin you buy just know this is the time to be buying, as a long term outlook into 2025. The short term analysis was "NOW, INTO NEXT YEAR. Altcoin big cycles aren't until September of next year 2024, although later this year after September we could see another cycle up. STAY CALM AND STACK ON!!
Nota
I assure you, Bitcoin is in the beginning stage of a bull run, the altcoins always lag behind, They will follow late this year into next year.Nota
It's a good time to look at your favorite altcoin and buy into it. Results will vary and will take time.Nota
Nothing is changed, we are right on course.Nota
I'm not going to shill any specific coins here. Now is the time buy your favorite altcoin!!!Nota
THE DXY DROPS AND THE ALTS EXPLODE!! THIS WAS YESTERDAY^^^^^^^^^^Nota
The charts point to September 15th for the beginning of something big.Nota
We are in a BUYING alt-season now. The SELLING alt-season comes later.Nota
There are Two ALt Seasons, One where you buy, one where you sell. Guess which one you are in now!Nota
Altcoins looking good!! Extended sale won't last.Nota
Substantial altcoin move expected soon!Nota
The news might be negative but the signals are strong buys!!
Nota
Lets have another look at the OTHERS chart on the monthly. Firstly, regardless of what happens over the next few weeks this chart is a screaming buy!!! Lets see why.THE FACTS...
Double bottom circled Bullish engulfing candle in January, then a retest with a dragonfly doji candle in June.
It is now Pushing up against the CM ULTIMATE MA with a couple very important crosses lingering. Of course, this all depends on Bitcoin and what direction it goes in the near future.
Could OTHRERS retest once again the support zone? Yes of course. That doesn't negate the fact that your favorite altcoin is in a blowout sale ATM!!
Nota
Altcoins have now entering the bull run. The big gains have yet to come. come May big, big moves are to come.Nota
840 billion is the max target for this move. There is no guarantee that it will top there but it is within the realm of possibilities. There is more to go for the alts for another month or so.Nota
Big bounce is coming the alts. It could start as early as this weekend but no later than next week.Nota
Congratulations to anyone who bought altcoins. This year has amazing times coming for altcoins. Im not going to give trade advice or alt picks, thats up to you. Although some dips might come the big moves are yet to come.Nota
ORION Altcoin set up. Not financial advice.Nota
SNX altcoin Setup. Not Financial Advice.Nota
Polkadot altcoin setup. Not financial advice.Nota
Metis altcoin setup short and long term. Not Financial advice.Nota
Tsuka Altcoin setup. Not financial advice.Nota
The others market. Altcoins excluding the top tenNota
Total 3 is following Wykoff accumulation as well. Altcoins look prime!Nota
Polkatod meets WyckoffNota
Orion one of the coins I posted here a couple weeks back ran 120% !!I am now looking at Tsuka to do bake a nice move. Here is the chart
Nota
TSUKA another coin on this list just exploded!! congrates to the holders!
Nota
Energy web (EWC) is looking very good to move soon!!Nota
Bitcoin is in a correctional phase until the 24th of March. What will exactly happen I'm not sure of. It could just go sideways and consolidate or correct then bounce back up Immediately and continue on in April and May to new highs.I would not trade this market now, it's very hot and you could get caught out of position. Just hold, higher prices will come.
Nota
Orion, One of the coins posted here is still running strong!!Nota
ORION
Nota
The OTHERS market might be hitting some resistance. The OTHERS market has been on tear and is now hitting the YELLOW trend line. We could see a correction for a few weeks or sideways consolidation. Any dips are buy opportunities. Getting above this YELLOW line and closing for a few candles would be considered very bullish!! don't be surprised if there is a cool down for some if not all the alts and market for a few more weeks before the next leg up. The dips won't last and the bull market will continue. Tsuka one of the coins I have covered in here is now over 50% off DCA is key when re entering or entering the market.
Nota
NWC has had a very nice run from 5 cents to 23 cents. It's now at 16 cents. It is another good coin to DCA in. If it gives it, 13 cents would be the next great buy!!
Nota
TSUKA next great buy would be at 0.041 cents if the market gives it.Nota
IS XRP about to start a massive trend reversal?Nota
SNX is poised for a strong second half 2024. Take a lookToday I'm looking at the SNX VS BTC chart on the 2 week (left) and monthly (right). I have drawn in the support ban that has been holding so far. As long as SNX holds above these levels i do believe a break out will come.
The Indicators are,
STOCHASTIC RSI,
On the 2 week it seems to have a slight bullish divergence with a very small uptrend. More importantly it could be having a cross very soon. The monthly.. well, it just looks confused and what looks like some more momentum loss is in order. A fairly big cross on the 2 week could help put and to that.
ASO Average sentiment oscillator,
On the 2 week we have a very interesting wedge has formed with what looks to be a cross very soon. On the monthly.. well, it still kind of messy. Once again a strong cross on the 2 week could change this as well.
RCI3LINES,
On the2 week SNX has had a few red line crosses that really amounted to some small pumps but nothing major. Very recently the BLUE line crossed the GREEN which is positive, also the RED looks like it has bottomed and could be coiling up for another cross up. The monthly to me looks more interesting as the blue has bottomed for 11 months now and the GREEN line looks like it could be turning the corner. The RED line staying above the GREEN and turning back up is the key here.
The CM WILLIAMS VIX WE are going to focus on the monthly as it is more accurate than the 2 week. The Vix printed out 10 buys from April 22 to January 23. Basically, the bear market. it hasn't printed one in 14 months now! So, is SNX due? I believe so.
EWO Elliot Wave Oscillator,
WOW!! What a beautiful V Shaped bottom on both time frames!!
All in all, I do believe SNX is poised for a very wonderful second half of 2024.
We Are Withing Abundance,
WeareSat0shi
Nota
Synthetix could make the highest weekly close in almost 2 years. Closing this week above $4.50 level , which is.382 Fibonacci level would be considered very bullish! A move 8 over bucks should soon follow.Nota
SNX UPDATE! Looking good for a close above resistance. 2 days left to confirm.Nota
The Tsukas correction might be over!! Before the correction Tsuka had a very strong move up. It was one of our coins that we were observing. If it's weekly close in 3 days is around the 4 cent level it will print a dragonfly doji, which is a very bullish candle.Nota
Energy web token is looking to break out. Green volume and momentum is coming into this crypto.Nota
Metis, Building another leg up? I believe so. Metis need the stochastic RSI to cross up and momentum will be on it's side.Nota
alt season is approaching!!Nota
BE PATIENT! DIPS ARE FOR BUYING!!Nota
ORION, One of our ALTCOINS is showing STRENGTH. Check out the chart.Nota
What is XRP up to?Nota
Providing the market doesn't roll over down turn, Alts are good buys now!Trade attivo
Alts are now ready for a very powerful spike up and their final move up for this cycle. If you didn't in last year or over the summer this is your last chance for few years.
WeAreSat0sh1
Trade chiuso: obiettivo raggiunto
Great setup vs BITCOIN Check it out.
Nota
The bitcoin dominance has likely topped for this cycle
Nota
Metis is a another good potential altcoin with a possible 2400usd over the next few months.
Nota
DOT has broken above resistance. Target are 17, 23 , 31
Nota
NWC is ready to explode. It could 6x to 10x in a month!!
tiktok.com/@wearesat0sh1
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