We have two main set of Altcoins:
1) Altcoins vs Tether (ALTSUSDT)
2) Altcoins vs Bitcoin (ALTSBTC)
These two sets can be further divided based on size/market capitalization.
✔️ ALTSUSDT
1) Within the ALTSUSDT we have the TOP20 Altcoins which move together with Bitcoin and some have their own cycle.
2) We have the medium sized Altcoins that move together...
💎Technical Analysis Summary💎
BTC.Dominance
-The BTC Dominance chart level has reached my previous target
-The Dominance 41 level is the support last June 7 before a run-up
-The price is reacting to this area but not enough data to back up for a reversal
-If the BTC Dominance level holds this area for a few days
-Then expect a potential bounce up to 42-43...
💎Technical Analysis Summary💎
BTC/USD
-Bitcoin respected the EMA19 as the price is bouncing up
-We can see a descending bullish pattern
-The only confirmation for this is an upside breakout
-Many altcoins are now recovering from their recent pullbacks
-If BTC will remain stable until the weekend
-Things will be looking good for the crypto space
-Good luck...
Good morning high risk traders :)
Some more evidence to suggest alts peak still on horizon. Not financial advice. High risk.
BTC holders could potentially look for final gains by buying cheap alts compared to the value of their BTC. There is more opportunity for them than to cash out BTC to fiat.
Hello Dear Traders,
In last Post i disscussd about btc trading in falling channel.
Now we will discuss what's cooking in ALTS MARKETCAP, In chart u can see when alts mcap tested 880B Mark immediately we seen sell off in alts.
on daily timeframe big red candle formed and after tht quickly alts regained bullish momentum.
BTC dominance Tested 55%, Dominance below...
