We're closely observing the current Fibonacci resistance level for BTC.D. The significance of holding at 55.25% could signal the inception of a potential altcoin season.
Exciting times might be ahead!
On crypto market, a coin dominance is a ratio of its market cap to cumulative market cap of cryptocurrencies. It's a great way to see how big a coin is relative to the whole crypto market — the value of everything is in comparison. It's calculated by dividing a coin market cap by the overall market cap of the top 125 coins and then multiplying it by 100. The...
Loopring FWB:LRC makes a golden cross today @ 1D Chart and the price is 0.242 as i made this idea.
Still early for the altseason and hopefully the big announcements and good news comes as soon as possible
Hi to all TV people, today I charted Chilliz .
This is NOT a major cap coin, but who cares... we want moon right?
Here we have a few data:
Market Cap: 561 Million
All Time High: 0.8915$
Today's price: 0.07364 (-91.83% from ATH)
Low market cap means more room to grow, on the other side more volatility.
Chilliz broke out from descending wedge ...
Starting of the potential upward swing on daily timeframe because of the precise touchdown of the pivot which gives good risk to reward ratio (4:1) for long position .
What causes alt season?
When Bitcoin dominance (the amount of the total crypto market share held in Bitcoin) declines rapidly, it leads to an increase of investments in Altcoins, which causes an Altseason.
supercycle near the corner.
Altcoin marketcap has reached 708T USD for the first time since May 2022.
If the marketcap went up to 720-750 T , Bitcoin sideways and the BTC Dom been weakens, so the Altcoins will prepare to take off.
One usually refers to altcoins and mems flying high when talking about big profits and pumps. So, when the next alt season could happen? To answer this question, analysts usually examine ETH and the Crypto Total Market Cap (excluding BTC and ETH) charts to make a prediction. Moreover, I think it is worth analyzing the Dominance of altcoins (excluding BTC and ETH)...
The short answer is... Now, this year into early next year.
Although I would expect a lot of similarities this market cycle, I would also expect some differences.
So let's start with the yellow diagonal line with the up trend. This line was originally drawn through the BTC price action. Look at how it actually works perfectly with the TOTAL3, PERFECT!! So,...
Good day Traders-investors,
Today im looking at the others chart. This only altcoins lower than top ten and it excludes stable coins. I have provided three different time lines, The one week (Top left) the one month (top right) and the 2 week on the bottom. All of them are looking very bullish and are building to fairly substantial move over the next two...
While BTC.D continues to rise towards 65%, microcap tokens maintain their dominance, marking the beginning of the pre-bull run, which means you can invest in almost any microcap and make money. Those of us who have been in this for more than 4 years know it. But look at this token: OTSEA, which, even in its beta state and with only 5000 holders and OTSEA IS ONLY...
Thank you for reading this update.
Depending on our study we see that AGLD has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
CRYPTOCAP:ETH has formed the flag pattern. After the breakout of the flag's upper boundary to the upside, bullish movement to the next target at $2352 is expected to happen.
