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CHETAN GURJAR
@chetangurjar642
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macro technical analyst | DM for hiring me as a analyst
pipariya india
Joined January 2017
i hope you find out why i always tell you to wait for closing…🙄 btw still have more than 4hrs in daily close… so closely watching….
total3 and others both #ALTCOINS marketcap charts are showing strength…. if total3 closes daily candle above 886.16B and Others closes daily candle above 279.52B then the local bottom will be likely in for #ALTS…. and #ALTS will start pumping hard again…. lets see how it goes…
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total3 and others both #ALTCOINS marketcap charts are showing strength…. if total3 closes daily candle above 886.16B and Others closes daily candle above 279.52B then the local bottom will be likely in for #ALTS…. and #ALTS will start pumping hard again…. lets see how it goes…
other and total3 both are still below their daily resistance levels…. so “others” what usually represents low and mid cap tokens it can drop to 177B minimum where low and mid cap alts continue to bleed for another 40% - 50%…. and total3 what includes every large cap except $ETH and $BTC also showing a minimum revisit to blue box again (788b - 764b range)…. and according to that large caps can retrace like 20% - 25%…. for making things bullish again for #ALTCOINS in short and mid term…. TOTAL3 needs to reclaim 886.16B and OTHERS needs to reclaim 279.52B on daily TF…
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other and total3 both are still below their daily resistance levels…. so “others” what usually represents low and mid cap tokens it can drop to 177B minimum where low and mid cap alts continue to bleed for another 40% - 50%…. and total3 what includes every large cap except $ETH and $BTC also showing a minimum revisit to blue box again (788b - 764b range)…. and according to that large caps can retrace like 20% - 25%…. for making things bullish again for #ALTCOINS in short and mid term…. TOTAL3 needs to reclaim 886.16B and OTHERS needs to reclaim 279.52B on daily TF…
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red days builds character…✍️
looks like i was right about waiting for some days or a week… #alts started breaking down again after their recent bounces… we bought some big positions at TOTAL3 (#ALTCOINS marketcap) 886.16B support retest… but sold most of them for minimum to no losses…. btw i have still some positions in market with decent exposure because alts are already down like 60% - 80% from their highs….and i believe #CRYPTO market is following 2015 - 2027 cycle…. but i also have a big fat bag of USDT like 50% - 60% stables (tbh i dont know how big it is but its bigger than 50% of my overall capital) what i reserved after total3 886.16b daily support lost…. so currently my eyes clearly on weekly close…. almost every #ALTCOIN is breaking below its weekly support,.. if they closes weekly candle below the support then #ALTS can bleed like another 30% - 40% and almost every guy will go in depression…. and i will start buying big again with my remaining funds on ultra low prices because touching selected #alts will be a million dollar trade on those levels….where every 100$ can turn into a 10k… and invalidation will be like 5% - 10% loss max…. or i’ll buy at higher prices with remaining funds if we get positive weekly close…. simple rule… lose small - earn big…. in the end its a totally win win situation for me…
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@dipz112 its my last drink brother… my gym trainer allowed me last time before i starts to workout again,,,
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$AZERO breaks below its macro channel on weekly/monthly TF and closed its weekly/monthly candle below 1.618 fib price 0.2734 too… so next logical target target for now is 2.414 - 2.618 fib (0.10$ - 0.08$ price range) … drop invalidation - if it reclaims 1.618 fib 0.2734$ + its weekly channel … then it can become bullish again… #AZERO
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$RIO breaks down from its weekly uptrend… already more than 70% down since its breakdown… and it can drop another 70% from here to 0.11$…. btw i expected this after a breakdown when i charted this for my client in january and its following the path.. (pic 2) #RIO
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i’ll chart… $SUI $GLMR $AZERO $RIO $FET
chart requests anyone… share your favourite #altcoins name in comments… and i’ll chart it for you,., btw i’ll choose on 5…
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currently there are more than 11 million tokens listed on coinmarketcap…. just wanna say not every coin gonna make it… just 0.1% - 0.01% will make it…. so think twice before investing in any token…. #ALTCOINS
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