Altcoin Charts Flash 2021 Style rupture configuration

The cryptographic analyst Kevin (Kev Capital TA) argues that Altcoins is reproducing the same structural script that preceded the “high season” of 2021, this time in the relationship of the Altcoin market cover, excluding Ethereum and Stablcoins versus Bitcoin (often tested as “Total3/BTC”). In a video published at the end of September 2, he argues that the confluence in weekly and monthly deadlines, both in linear and logarithmic scales, shows a Wyckoff -style background process that culminated in a claim of “spring” and range, with impulse and width indicators that are aligned as they did before the increase of 2021.

Altcoins prepares for an important career

Kevin frames the current moment as a direct analogue to the transition of the last cycle of the despair of acceleration, emphasizing that the structure, not the headlines, was first as now. “We are seeing a weekly time frame, monthly historical configurations of time frame,” he said, adding that the weekly linear graph of Total3/BTC has turned on a range of accumulation, the perforated support in a discharge in the style of the capitulation and then claimed the range, which he calls a “spring phase” that “led to the 2021 Alt season.” The sequence, he argues, is surprisingly similar to the 2018-2020 base that finally exploded higher in 2021 after the market “renounced” the Altcoins.

The analyst is explicit that this configuration is conditioned to the macro “ingredients” that allow the risk to be reproduced. “We will need to see lower inflation or flat inflation, a labor market that softens but not a labor market that crashes and softening growth but not growth,” he said. This combination, in its opinion, would allow the Federal Reserve to change the balance of risk towards employment, reduce the performance of two years, the expectations of cutting rate of elevation and perhaps reduce the “last little” of quantitative adjustment, “perhaps even having a neutral balance for expansion.” With “many macro data in the next three weeks” and the FOMC established for September 17, it argues that the fourth place is the critical window. “Everything is aligning right now … we just need that last impulse.”

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In the weekly linear term, Kevin indicates the symmetry of the indicator with the takeoff 2021. He quotes a new weekly purchase purchase in the market and says that his “flow of money” profile is tracking the same contour as the spring of the previous cycle. He adds that “the Whale money flow played with the same level as in 2021,” the MacD “crossed up the same level,” and the stochastic RSI has already increased to 96. In 2021, he points out: “Once we broke the level of 80 and stayed above it … You obtained your most aggressive price.” The involvement is that an impulse towards “level 100” could coincide with the maximum upward impulse period, as it did during the early thrust of the last cycle.

Then it approaches the monthly registration table of Total3/BTC, where it locates what it describes as an eight -year support band around “the 0.27 to 0.24” area, a long line of downward resistance that is now encountered with “a higher low structure”, and an impulse retropot that is characterized as classically divergent.

In the monthly impulse waves of the Cipher market, “higher, higher, higher, higher, while the price action made lower minimums … That is a bull divergence,” he said, and emphasized that this signal is more powerful in the main historical support. The monthly RSI, he adds, seems to be “appearing our heads” of a two -year bearish trend channel for the first time since the top of 2021. Meanwhile, the monthly stochastic RSI has carved a “full V -shaped turn” from the form 80 “.

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Kevin places a particular weight in a double bottom in its monthly reading of L-Macd, qualifying it as “the same exact background” that formed between June and December 2020. “When you double the back In July, the two positions of two were not printed on July. Combine that marked the change of previous regime.

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The line through the line is that the amplitude is beginning to turn to a structural level, while impulse meters pass negatively to positive depth through the deadlines. It emphasizes that the signal is appearing together through monthly and linear monthly registration, which describes as unprecedented in its alignment. “There has never been a time when these two graphics have been seen how they look together in Log and linear by weekly, in the monthly,” he said. If this symmetry is maintained, he hopes that “Altcoin’s market capitalization begins to steal Bitcoin’s domain at a faster pace faster than we have seen since the previous season of Altcoin.”

Although his thesis focuses on total3/BTC, Kevin frames it within his previous Ethereum calls and good telegraphs of May/June, arguing that “Eth … has reached a new historical maximum” and that “the background is in Eth versus bitcoin, the eth domain and obviously the Ethusd picture.” It presents Altcoin’s rotation as a sequel: “Very similar to how the ETH versus Bitcoin and Eth and even Ethusd domain were being configured before it made its great career against Bitcoin”, with total3 that now shows “two months in a row of higher performance” of an important support band, a combination that had stood out in Ethereum before its progress.

Even with aligned technicians, Kevin is careful to notice deadlines and seasonality. He characterizes September as “generally weak”, with the most forceful phase of any probably contingent rotation in macro confirmation in the fourth quarter. “The graphics can precede the news,” he said, “however, that is never guaranteed.” For now, it sees a mature base, a rank recovered after a capitulative spring, and impulse structures that, in previous cycles, marked the limit between grinding funds and impulsive advances. “If there were ever a moment when it was going to happen … now is the time,” he concluded, while reiterating the dependence of the incoming data: “I do not know how the macro data will look, but I know how this graph looks … Be careful with total3”.

At the time of the publication, Total3 stood at $ 1.04 billion.

Outstanding image created with Dall.E, Record of TrainingView.com