CRYPTOCAP:TOTAL3   Crypto Total Market Cap Excluding BTC and ETH, $
TOTAL3 looking short-term bearish. Possible Doom narrative to come for final shakeout before ALT season begins. My guess is that we will also see a correction is BTC and crowd sentiment drops but BTC.D rises. Then we get a higher high in BTC.D and BTC explodes higher (just as the crowd gives up on BTC). This BTC explosion will be followed Alt season number one. Just a guess but who know what could happen
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BOOM! Well that was quick. Target reached dead center of box. Now accumulate, let BTC.D and BTC run and then get ready for ALTS!
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My God buy Alts
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MAX FEAR
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Now building a range within the box
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Wild guess but lets see if it plays out. If fractal repeats on BTC and TOTAL3 we can expect TOTAL3 to be between 2.5 - 3.2T by 8/19/2024
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Be very aware that there may be one more liquidation event if the fractal repeats. It should not set a new low but it will be quick and severe. We need to move up a bit more but be ready for one more move down to capture liquidity. In my opinion, if we get it, it will be last the good buying opportunity but it will also shake alot of people out. If you're already in the market, just sit it and forget it. Just know that price action doesn't move up in a straight line
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Beware around 712. Hopefully we blow past it but would be a great area for a severe pullback. 50/50 whether we see a pullback or whether we keep going. Eventually though we will extend well beyond
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May be getting the final pullback, lets see. TOTAL3 should not set a lower low. Should bottom somewhere within the box if the fractal repeats. Good luck
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Looking good
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Do you feel the fear? We are at the bottom of the box
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Higher low intact. BTC.D dropping. Lets send it!
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Last obstacle, get past 690 and close above it
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Here we go boyz. Beware of volatility. Its gonna rip!
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Did 690 just become support?
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