watch btc.d for down or up trend ie btc.d dumnps market pumps
the bottom screen is the market cap or spot price of Eth_dark green line btc_orange line and alts _purple line
middle screen u have thicker white line DeFi dominance thiner white line DeFi spot price or market cap
AMONG OTHER FACTORS THAT ORANGE TREND LINE MIDDLE SCREEN IS btc.dOMINANCE. WE NEED IT TO DROP a few other small things to but in short we need btc.d to fall off
that middle screen is a mess but if u see btc.dominance oarange line drops and plays with white line or DeFi market cap (money getting loaded up via eth and weth ie getting ready or entering market) then you see the market up trend as btc .d falls off and the rest of the market takes control. the same will be true for down trend but reversed.
i do like how btc dominance fell off and market went short term green .... u can see earlier the opposite is true. as BTC.D gains strength it leads the way dragging the market down as the indicator rises above the other crypto indicators in the middle screen
ps sorry so messy and ill find a better way to explain this indicator HGM 0Ut_
middle screen u have thicker white line DeFi dominance thiner white line DeFi spot price or market cap
AMONG OTHER FACTORS THAT ORANGE TREND LINE MIDDLE SCREEN IS btc.dOMINANCE. WE NEED IT TO DROP a few other small things to but in short we need btc.d to fall off
that middle screen is a mess but if u see btc.dominance oarange line drops and plays with white line or DeFi market cap (money getting loaded up via eth and weth ie getting ready or entering market) then you see the market up trend as btc .d falls off and the rest of the market takes control. the same will be true for down trend but reversed.
i do like how btc dominance fell off and market went short term green .... u can see earlier the opposite is true. as BTC.D gains strength it leads the way dragging the market down as the indicator rises above the other crypto indicators in the middle screen
ps sorry so messy and ill find a better way to explain this indicator HGM 0Ut_
Comment:
whacha all think mini pump here or what?
Comment:
i gotta say BTC looks like she may mini dump n pump eth looks like she wants to fall down a bit and in general i say market may dip then run then really really dump over the next few days to week ie get out or scalp n b ready to move fast. also set some buy orders ya all
Comment:
now on the other side of that coin if u can watch and hang on if we can stay above the eth n btc outlined support these alts and btc n eth should run to the targets I outlined. all im saying is the market is lining up to put us to sleep and make a semi major with a major move to come after that
Comment:
we see this defi loads up as eth.d spikes and btc.d drops. we then see alts take the lead with eth close behind and defi a close third. then defi catches up eth.d falls off and get volatile as profits are taken but many esp retail dont know how to or dont want to leave the crypto ecosystem so they park profits in DeFi pools and earn stake n earn projects or even LIDO layer 2 eth projects. then we see the DeFi/ETH chart spike and get jumpy as btc.d re establishes it self and drags everything else back down and repeat. ALSO keep in mind trend change as people chase different styles of projects this just happens to be the current "crypto tide trend" to watch for. happy hunting ya all
Comment:
short term out with an eye to rebuy here the 2nd we see up trend established
Comment:
get the f out ya all and set your buy orders n a few stink bids
