Crypto MarketCap Analysis & Altseason..!!

Oct 19, 2019

Crypto Market Analysis & Altseason..!!


#1 Total MarketCap

- Forming Falling Wedge Pattern in DAILY Chart..(Bullish Pattern)

- Total MCAP Looks Stable Around 200-210B From Many Days..EMA30 (RED) is Acting As a Resistance..(220b)

- But I'm Expecting Another Lower Low Before Wedge Breakout..(For Strong/Healthy Wedge Formation)

- In Next 2-3 Months, I think New/Fresh Money Will Come to Crypto Space..& 2020 will be Amazing Year for BTC & Cryptocurrencies ..(HOPE)


#2 TOTAL2 (Altcoins MarketCap)

- Lets Take a Look on ALTS MarketCap..Also Forming Falling Wedge Pattern in DAILY Chart.

- Expecting Lower Low Before ALTSeason (Little Crash before Altseason)

- EMA30 Acting as a Resistance & 60b is the Support..

- I'm Expecting That Next 2 Quarters Will be Good For ALTS If Follow Chart Pattern.

- Wedge Breakout Expecting in Next Month (Start of Month) & Target will be Around 100B.



#3 Bitcoin Dominance

- BTC Dominance is Continuously Decreasing Since 2 September 2019..(That's why ALTS Are Recovering)

- Still Following/Inside the Rising Channel Pattern in Weekly Chart..& Looking Bearish So Far.

- EMA30 is the Major Support (65%) & If Didn't Hold that Next STOP Will be Around 60%..(Official Altseason Will Start From Here)



#4 ALTS Dominance

- It's Opposite to BTC Dominance..

- Forming Falling Channel & Looking Bullish in Weekly Chart..

Major Resistance Levels Are 6.2 - 7 - 9.4 ..




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The information given is never financial advice. Always do your own research.