Crypto nearing accumulation

16 Apr

Intro:
I have previously spoken about the price of BTC correcting into and right after the halving.
I've set an accumulation zone based on the following:

Adaptive MCVF indicator gave a buy signal the 23rd of March:

As you can see, the last time that happened, we could draw a retracement while pricing in lower prices. This gave us an optimal entry

Analysis:
I believe we are seeing the final run up in BTC.D as the market bleeds during this correction. This is a good opportunity to stack up on good projects in my opinion.

As you can see above, the upwards channel has been respected in BTC.D (dominance of BTC), if it continues, it is projected to hit 60%, but if it goes into the upper part of the channel, we could see 64%
This means that BTC is optimal if you want exposure to crypto, without taking any more significant risk.

Below is the chart for some of the biggest memes total market dominance:
$(CRYPTOCAP:DOGE+CRYPTOCAP:SHIB+CRYPTOCAP:PEPE)/(CRYPTOCAP:TOTAL3-(CRYPTOCAP:DOGE+CRYPTOCAP:SHIB+CRYPTOCAP:PEPE))


As you can see, the memes seem to be holding support well, but we could still see a 12% market dominance fall of these in the next period, this would bring them to the lows of mid march 2024


Discussion:
I understand that there is a lot more potential upside in lower cap coins; I'll personally be adding to my own positions in my accumulation zone, but I still think it's important for most people to invest in larger cap coins, with better fundamentals, I don't think it's wise to just buy up a bunch of random alts that you have no idea about.



I want to add that I expect TOTAL3 ( TOTAL ) to fall atleast 11%-18% between the 0.236-0.382 fib levels. These are the levels where I would think that the market asymmetric upside potential; which I would deem worthy of taking on extra risk.



Indicators used are linked below

Please let me know what your thoughts are, do you think I'm right? Do you think I'm wrong?
Discussions make us all better, so don't hesitate to comment your thoughts

Stay safe!

25 Apr

Nota

Bounced off VWAP


Kernel signals we go lower

5 Mei

Nota

Accumulation zone was hit the 1st of may. When we look at the others cap we see a small bounce, but I don't think we break to the upside yet. I still allocated a bit to smaller cap projects that I believe in the long-term will outperform.


I still think the trend is neutral-slightly negative for now (mid-term)

Stay safe. I hope this post saved you some money. Updates will come as we go lower into the accumulation zone.

I want to give a small warning to dog-meme holders (floki, shib and doge)

I don't think these coins will see long-term outperformance of smaller caps in the long run, look at the chart below:

We are still accumulating, and we could still go lower (this is on their BTC pair)

Stay safe <33

30 Mei

Nota

I told you guys about accumulation FLOKI on this post (it was litterally charted on it's BTC pair).
It has done very well.. for now.

60% returns since 1st of may where BTC hit the accumulation-zone.

I hope it helped some of you to get an entry<3

11 Jul

Nota

The entire zone has now been filled.

5 Ogo

Nota

Crypto is currently bleeding, but it is still standing higher than the zone I had drawn out!