🧑‍💻 Lesson: What is TOTAL3 and why is it important for the altcoin market?

📊 TOTAL3 is the chart that shows the total market capitalization of all altcoins, except Bitcoin and Ethereum.

💼 In other words, TOTAL3 represents the pure market capitalization of all other altcoins. It is the main indicator of the strength of the low and mid-cap coin market.

Why should a trader observe TOTAL3?

🟠 1. It shows the real strength of altcoins without including Ethereum.

If TOTAL3 rises, it means that capital is entering the broader altcoin market.

🟠 2. It helps to identify the start of the altcoin season.

The increase in TOTAL3 usually begins before the growth of individual coins.

🟠 3. It serves as a filter for trading in small altcoins.

If TOTAL3 falls, the risk in altcoins increases even if the setups seem good.

🟠 4. It is a marker for liquidity entry or exit.

TOTAL3 is the best indicator to know if participants are willing to take risks.

🔍 Conclusion

TOTAL3 is the thermometer of the entire altcoin market. Without it, it is impossible to know the real phase of the market: whether there is early growth, a shift towards altcoins, or the beginning of a deep correction.

#TOTAL3 #Altcoins #CryptoMarket #Indicadores

Ethereum, BNB, Cardano, Dash, Monero, Zcash, Dogecoin, Faircoin, Namecoin, Nano, XRP, Steem, Litecoin, Tether, and Bitcoin