Hi Traders, Investors and Speculators of Charts📈📉 A bull trap is "false" signal that shows a bearish trend (such as the lower highs in XRP) has reversed and is now heading upwards, when in fact, it will continue to decline. Often a large wick towards the upside is observed, shaking out traders favoring the obvious move (shorting). It's important to note that...
The fact that the recent pump on BTC is just only sucking liquidity from the altcoins market and there isn't any fresh fund entering the market somehow is worrying me. Also look at the correlation between bitcoin dominance and the bitcoin moement.
previos idea If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your friends.
Finally some good news from this chart as Bitcoin dominance is at resistance and ALT coins are rising. We said it yesterday that the market has good chances to recover now and it is happening: Buy when there is 'blood on the streets' but remember to Buy with a plan. We told you : ' CRASH CREATES OPPORTUNITY''' and it did create opportunity. Here you go for...
Bitcoin Dominance had been going sideways in what we called 'slow death April 2022'. Well, early in May the price is attempting (right now) to exit from the descending wedge and it appears to be doing that going North (Up). When Btc dominance rises it's bad news for Altcoins so let's be careful and see how the price behaves at resistance. Keep you posted and...
Traders, The charts are showing me that Bitcoin price action might now be ready to move up. Get ready! - Stew
This is a 20 minute video showing everything I know about this Bitcoin Dominance (BTC.d) chart. In the beginning, I show basic things about BTC.d for those who do not understand the importance of it to altcoin holders. So if you are experienced, be patient. In the latter half, I go into more technical detail. The three scenarios I go over is that this wave form...
This week Bitcoin BITFINEX:BTCUSD is at a key RESISTANCE LEVEL and you need to watch it! We take a look at the Bitcoin Market Dominance to see if Alt Season is underway. The S&P500 and Nasdaq Stock indexes and the VIX Volatility Index are all giving us signals that this recent correction is over! Oil continues its rise to 100. Now is the time of year for...
In this video: * A rundown of market conditions in the crypto space * What is looking strong and what is looking weak * Ethereum looking strong * Some clues to good entry areas on various altcoins are given
Hi Everyone We're seeing alts bleeding, but I am not worried. From analyzing the BTC.D Chart, it is clear that liquidity is going into Bitcoin. I am expecting another leg up for BTC. Then, Alts will make their move as always, when BTC is done. Best Regards, Ev
Quick and dirty BTC ta straight forward update on Bitcoin and btc dominace in general.
In this first video, I'm going to show you why we are 100% in a bull market and why altcoins are going parabolic in October and maybe early november. It's easy: - look at the overall structure of the charts - look at the moving and exponential moving averages daily crossing - look at the weekly charts Also, I'm speaking about a new scenario when it comes to the...
Hello Everyone An important video today on Bitcoin Dominance. What it is, what it means, and how to interpret it to predict bull/bear markets for Bitcoin and Altcoins. Understanding the BTC.D chart will help you make lower-risk investment decisions and also show you what is trending in the market (trade with the trend). If you don't already do so, feel free to...
In this video, I'm analyzing the altcoin market by dividing the market cap by the M2 money supply. I also focus on the type of growth we had, the RSI and the timeframe of the cycle. As you can see: - M2 shows that we had a great re-test of the previous 2018 all-time high - More sustainable growth and not a blow-off top vertical log growth like in 2018 - 2021 RSI...
Right here is my idea on Bitcoin. As we all know we have an head and shoulder pattern on this chart which predicts a fall and an inverse head and shoulder pattern on this same chart which predicts a bullish trend. So for the head and shoulder pattern to work, price will hit the yellow resistance line at $41,400-$42,00 and if it rejects, it will fall back to the...
On BTC Dominance we are located on strong support area between 59.7 and 61 approx. on 4H TF we can see that this support is quite strong, but LL and LH show us that we have down trend and its a matter of time when we will break this support through and go below on the way to altseason! From the last BTC update the price perfectly worked our and we could see break...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you...