TOTAL3 (Altcoin Dominance Excluding Ethereum) Analysis

TOTAL3 (Altcoin Dominance Excluding Ethereum) Analysis
📉 Current Outlook:
No clear signs of an Altcoin Season yet.
TOTAL3 chart suggests further potential downside before a reversal (as highlighted with the blue arrow).
Altcoins may drop more before bouncing back.
🎯 Strategy:
Wait for Confirmation: Hold off on altcoin positions until a clear trend reversal is confirmed on the TOTAL3 chart.
Focus on Bitcoin: In the meantime, consider trading Bitcoin in both directions (long/short) for better opportunities.
Risk Management: Always use proper stop-losses and position sizing to manage risk.
💡 Key Takeaway:
Patience is key! Let the market show its hand before committing to altcoins. Bitcoin trades offer a safer playground while we wait for the altcoin market to stabilize.
📉 Current Outlook:
No clear signs of an Altcoin Season yet.
TOTAL3 chart suggests further potential downside before a reversal (as highlighted with the blue arrow).
Altcoins may drop more before bouncing back.
🎯 Strategy:
Wait for Confirmation: Hold off on altcoin positions until a clear trend reversal is confirmed on the TOTAL3 chart.
Focus on Bitcoin: In the meantime, consider trading Bitcoin in both directions (long/short) for better opportunities.
Risk Management: Always use proper stop-losses and position sizing to manage risk.
💡 Key Takeaway:
Patience is key! Let the market show its hand before committing to altcoins. Bitcoin trades offer a safer playground while we wait for the altcoin market to stabilize.
MoonTradingForecast
Market Structure • Trend Mapping • Swing Levels
I share clean technical analysis focused on price behavior and key levels.
If you enjoy my work, feel free to reach out privately for further insights.
Market Structure • Trend Mapping • Swing Levels
I share clean technical analysis focused on price behavior and key levels.
If you enjoy my work, feel free to reach out privately for further insights.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
MoonTradingForecast
Market Structure • Trend Mapping • Swing Levels
I share clean technical analysis focused on price behavior and key levels.
If you enjoy my work, feel free to reach out privately for further insights.
Market Structure • Trend Mapping • Swing Levels
I share clean technical analysis focused on price behavior and key levels.
If you enjoy my work, feel free to reach out privately for further insights.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.