THESE ARE THE SHORTER TERM 4 HOUR CHARTS
Top line - TOTAL Crypto Market Cap - TOTAL 2 (Excluding BTC )
Bottom Line - TOTAL 3 ( Excluding BTC & ETH ) - OTHERS ( Top 125 coins minus Top 50 by market cap )
TOTAL 3 is ALL ALT coins
OTHERS is Mid to Lower Cap ALT coins
These 4 Charts use the VRVP
the Volume Profile Visible Range (VPVR), is a technical analysis indicator on TradingView that displays the distribution of trading volume at different price levels within the currently visible range of a chart.
The Colour Key is below
Value Area High ( VAH ) - Yellow Dashed Line
Value Area Low ( VAL ) - Red Dashed line
Point of Control ( POC ) - Red Dotted line
Developing POC - Blue Dashed line
Developing Value Area - Purple Dotted line
The first thing to see is simply that OTHERS has a higher gain than any..
ALT SEASON is here but be VERY Cautious about how long this may last...
IT MAY NOT LAST long.....we MUST watch daily to see what is happening.
Because BTC is poised and ready able to move at any time and when it happens, usually Stops ALTS in their tracks.
Watch the Bitcoin Dominance chart
As you can see, we are in the Zone for a Bitcoin ATH in the next few months.
Be Cautious
So, currently, we have the TOTAL chart just coming up to the VAH. This may prove to be resistance in which Case ALTS may run longer. However, the POC just below could prove to be enough support to push PA above that VAH on a 2nd attempt, IF that is required.
TOTAL 2 is below but rising and the same may apply to the POC just below.
However, the TOTAL 3 and OTHERS are already above the VAH line and so have a clear road ahead but when this fails, the POC sipport is a LONG way below.
This is early days of reaction to the FED 25 point Drp[ and so we need to remain cautious as to the Trend that has yet to prove itself..
But things do look good.....
Top line - TOTAL Crypto Market Cap - TOTAL 2 (Excluding BTC )
Bottom Line - TOTAL 3 ( Excluding BTC & ETH ) - OTHERS ( Top 125 coins minus Top 50 by market cap )
TOTAL 3 is ALL ALT coins
OTHERS is Mid to Lower Cap ALT coins
These 4 Charts use the VRVP
the Volume Profile Visible Range (VPVR), is a technical analysis indicator on TradingView that displays the distribution of trading volume at different price levels within the currently visible range of a chart.
The Colour Key is below
Value Area High ( VAH ) - Yellow Dashed Line
Value Area Low ( VAL ) - Red Dashed line
Point of Control ( POC ) - Red Dotted line
Developing POC - Blue Dashed line
Developing Value Area - Purple Dotted line
The first thing to see is simply that OTHERS has a higher gain than any..
ALT SEASON is here but be VERY Cautious about how long this may last...
IT MAY NOT LAST long.....we MUST watch daily to see what is happening.
Because BTC is poised and ready able to move at any time and when it happens, usually Stops ALTS in their tracks.
Watch the Bitcoin Dominance chart
As you can see, we are in the Zone for a Bitcoin ATH in the next few months.
Be Cautious
So, currently, we have the TOTAL chart just coming up to the VAH. This may prove to be resistance in which Case ALTS may run longer. However, the POC just below could prove to be enough support to push PA above that VAH on a 2nd attempt, IF that is required.
TOTAL 2 is below but rising and the same may apply to the POC just below.
However, the TOTAL 3 and OTHERS are already above the VAH line and so have a clear road ahead but when this fails, the POC sipport is a LONG way below.
This is early days of reaction to the FED 25 point Drp[ and so we need to remain cautious as to the Trend that has yet to prove itself..
But things do look good.....
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.