RTR

Crypto & Market Cycles Analyst | Trader | Engineer

[RTR @CT_RTR]

#TOTAL3ES / BTC - [M]

[LONG TERM ANALYSIS]

This chart is just another main chapter from the altcoins path notebook.

Cycles exhibits similar characteristics:
1 - Late cycle aggressive pump (end of previous cycle)
2 - Correction into key Support
3 - Break of first degree resistance & reject from second degree resistance
4 - Deviation under key Support
5 - Break of second degree resistance
Back to (1).

Cycle repeats. This pattern illustrates that we are late in the cycle where altcoins outperform Bitcoin and by the looks of it, we are at stage (5), meaning we are few months away from the top.

Target is 0.618 retracement of the previous cycle extremes.
This assumption for the target is also backed by the multi-cycle trendline resistance which IMO won't break until the next cycle.

This also match @ChifoiCristian theory that majority of alts won't make new highs this cycle and will reject around their HTF Fibonacci premium levels, so please be reasonable with your targets.

Elliot Wave Theory also points to a massive symmetrical triangle formation over multiple cycles, before another possible altcoin season potentially of the same caliber as 2017's. Also Elliot Wave suggests the upcoming rally is an ABC rally which is known to be corrective in the end.

This could really be the playbook for the future, but will only come true under a massive purge in which majority of shitcoins are deleted from this market.

I will update this chart every 6 months but as for the near future, I believe we will get plenty of hints if this is going to play out this way or not by NYE, where alts will be in the distribution phase or already distributed.🤙

[RTR @CT_RTR]

#TOTAL3 - [W]

Been quiet lately, have other things I am busy with.

Things are looking better anyways.

[RTR @CT_RTR]

Yeah market is crashing and there was no reverse at the lows.

Wow honestly - everything is dumping so agressively - problem is, stock market looks toppy and just about to start -

Imagine we wake up tomorrow and crypto went to 0 🤣🤣

[RTR @CT_RTR]

Mentioned this two months ago.

We finally got the sweep of the lows, it is possible it goes for the April 25 low sweep but no guarantee.

Nevertheless, we now have conditions for a meaningful rally on the horizon.

$BTC

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@wauwda Thanks man 🤝

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Mentioned this two months ago.

We finally got the sweep of the lows, it is possible it goes for the April 25 low sweep but no guarantee.

Nevertheless, we now have conditions for a meaningful rally on the horizon.

$BTC

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$BTC - [D]

Very easy chart to read.

I strongly believe the bottom formation won't be mirrored (three drives pattern excluded).

However, failing to push above the Yearly Open and mid-range levels soon enough suggests with a high probability the lows will be swept before any meaningful rally.

Rarely we have seen V-shape recoveries during the bull-run and I don't think it's the case here - hence I am trusting the white pattern to likely happen.

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@BullMoooN2 I don’t have an answer to this question, need to see the relief bounce first.

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@blocksniperBTC There is a post already from few days ago - still valid, I will update it later tonight

[RTR @CT_RTR]

$BTC - [D]

Very easy chart to read.

I strongly believe the bottom formation won't be mirrored (three drives pattern excluded).

However, failing to push above the Yearly Open and mid-range levels soon enough suggests with a high probability the lows will be swept before any meaningful rally.

Rarely we have seen V-shape recoveries during the bull-run and I don't think it's the case here - hence I am trusting the white pattern to likely happen.

[RTR @CT_RTR]

@ManCalledMogul Nope, there wont be any move in either direction without Bitcoin moving so…you won’t see altcoins move higher while Bitcoin lower or vice versa - but alts will outperform imo when the move happens

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Approaching the target.

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$BTC - [D]

[UPDATE]

Seems like this is the play now...

Swept the mid-line of the range and rejected.

High possibility of going to sweep the lows.

Rough times....

[RTR @CT_RTR]

#TOTAL3 - [W]

As said recently...only bullish above the white line and there was only rejections from there.

Based on the USDT.D post I just made and the stochastic RSI on this chart, market is going for another one leg lower before we are absolute ready for a rally.

[RTR @CT_RTR]

Until it closes above the white line, there is nothing to cheer on yet.

And it hasn’t.

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$USDT.D - [W]

[UPDATE]

This is exactly what we want to see even though it means pain.

A move into the supply with bearish divergence forming is the perfect recipe for a strong reversal.

A break of the arc-line is the confirmation of a bull-trend afterwards.

[RTR @CT_RTR]

$USDT.D - [M]

HTF Look.

Problem here is we could still see a divergence formed before any meaningful breakdown.

RSI also crossed above 50....

Stochastic RSI something to watch..

[RTR @CT_RTR]

A lot of damage has been done on the alt pairs with the 10/10 wicks already...might need some more time to repair. Alts pairs still look pretty bearish, won't even talk about OTHERS/TOTAL2/3s ...

Only hint of a reversal is the ultra bearish timeline....but that is useless without market demand participation...

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$BTC - [D]

[UPDATE]

Seems like this is the play now...

Swept the mid-line of the range and rejected.

High possibility of going to sweep the lows.

Rough times....

[RTR @CT_RTR]

$BTC - [D]

[UPDATE]

This is still on the table as a possible scenario.

There's too many progressive HLs, hence huge liquidity built-up below.

I believe alts will hold their lows though.

[RTR @CT_RTR]

Good read - it’s true….and it’s taking too long aleeady.

[Kevin @Kev_Capital_TA]

BTC continues to provide a simple and straight forward look which you have to appreciate. If BTC cannot get above the 95.7K-106.8K zone then it will likely leg lower to the low 70K-60 K's confirming the bear market. If it can get above that zone and the major resistance points within it then it will have accomplished something it has never accomplished before in a early mid term year and could very well make a new ATH on the tailwind of potentially breaking the 4-year cycle norm.

Most momentum indicators on the 3D-1W-2W TF's are fully reset and say that BTC is ready to move higher however the problem for BTC remains the same as it has been for a while now. Net money flow continues to leave the asset class as a whole. Meaning liquidity on every single TF from the 1HR-1M is showing that it is exiting BTC.

As I always say you can have all the momentum indicators you want look bullish but if you have no willing participation from investors and no broad based interest in the asset which results in outflows of liquidity than those momentum indicators mean nothing and will eventually roll back over. Crypto has a retail interest problem and its been that way the whole cycle. That needs to change if you want any hope of conquering this big range of resistance and breaking all norms.

#BTC
#Crypto
#Altcoins

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$CRV - [W]

[CHART 2 UPDATE]

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$CRV - [W]

Eyez on the prize.

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$CRV - [D]

[CHART 1 - UPDATE]

Closing in....approaching first degree trendline resistance.

Horizontal resistance broken - probably we resolve with a breakout/fake-out soon, but sooner or later there is no other way to go (than up).

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$CRV - [W]

Bounced from the box.

Looking for a break-out of the second degree trendline and then red-line TP1.

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Very possible - time not to scale.

[RTR @CT_RTR]

$ETH - [D]

[UPDATE]

Clean chart.

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$ETH - [3D]

[UPDATE]

No updates lately as the market was boring.

How could I be worried when the target is clear.

Even if we go back down and sweep those lows, I am confident ETH won't break the gray box.

[RTR @CT_RTR]

$USDT.D - [M]

HTF Look.

Problem here is we could still see a divergence formed before any meaningful breakdown.

RSI also crossed above 50....

Stochastic RSI something to watch..

[RTR @CT_RTR]

$OTHERS - [W]

[UPDATE]

No break of structure yet.

As per the blue drawing, we're going for the higher low imo here.

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$OTHERS - [W]

[UPDATE]

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#TOTAL3 - [W]

[UPDATE]

No changes.

[RTR @CT_RTR]

#TOTAL3 - [W]

It is important we close above the white-line in the coming weeks.

Meanwhile, it's probably gonna bounce back and forth between the cloud and the white-line.