Is Altseason Approaching? TOTAL3 Chart Indicates Significant Movement
TOTAL3 Breakout Potential: TOTAL3, the market cap of all cryptocurrencies excluding Bitcoin and Ethereum, is showing signs of a potential breakout, reminiscent of conditions before the 2020 Altseason.
Historical Liquidation Candle: A significant 20% liquidation candle similar to one in 2020 has occurred, raising speculation that this could signal the start of a new Altseason, as such events often lead to bullish movements in altcoins.
Market Sentiment and Indicators: Key indicators like volume spikes and shifts in market sentiment are aligning, suggesting that traders should closely monitor TOTAL3 for potential rapid breakouts.
Trader Preparedness: Traders are advised to stay alert and prepared, as breakouts can happen quickly, and those ready to act may benefit significantly if this marks the beginning of a new Altseason.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 35997.598 | 47998.799 | 60267.618 | 72268.819 | 84537.638 | 96538.839 | 108807.658 |
| Fibonacci | 47998.799 | 57269.947 | 62997.671 | 72268.819 | 81539.967 | 87267.691 | 96538.839 |
About BTC
About the author






