If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). XRP has been making lower lows for an extended period of time. It tried to break the cloud on the 4H a couple of times before ( purple squares ) but got rejected. Third time is a charm I guess since now it did manage to break through the cloud and R1 on the...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). TOMO has been consolidating since the last move up, yesterday some bullish continuation signs popped up and with volatility going down it could make a bigger move soon. In the two red circles, you can see the Lagging span (Purple line) bounced of the Kijun...
Using a Heiken Ashi chart type we can see a typical topping out pattern for BTC dominance. This suggests a decline in dominance ready to begin, although playing devil's advocate perhaps it's just a consolidation pattern against the downtrend waiting to be broken to the upside. SparksterSignals team is betting on the altcoin market continuing to perform admirably...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). BTC Dominance has broken down out the channel it played for the last couple of months as discussed in the previous two linked ideas I published on the subject. On the Daily chart it is still holding on S1 as support but in yesterday's weekend volatility it...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). BAT has just completed a full Elliot Wave pattern on the 4H, this in general means the end of a move (5 point wave), and as it's very far from the cloud it does seem quite overbought, this is confirmed by the RSI. Usually, this means it's time for a...
💰 LET'S GET INTO SOME BITCOIN DOMINANCE ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🤷♂️ Neutral - 3day Chart - Red Candle - 3/3 EMA DOTS Red We are red across the board on bitcoin dominance but I will tell you why I'm in a neutral standpoint as of now. Currently we reside on a...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). Vechain has been on a wild ride in recent times and completed the first 4 parts of the Elliot wave. It's now-retracted and consolidating in a bullish flag/symmetrical triangle pattern. The Tenkan (Yellow Line) is above the Kijun (Dark Blue line) and the...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). BCH has been on a bearish trend lately. Now after testing S1 4 times ( circles ) it does seem like it found a bottom. And during those 4 bounces of the S1 the RSI has shown a stronger divergence on each test ( Purple rectangle ). It's still under the...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). As I said in my previous linked analysis of BTC Dominance it was trading at the bottom of the channel for an extended period and could go either way, but now it broke through the bottom of the channel and retested it as resistance once. If it can't break...
1. Bitcoin Highlander scenario 2. Blockstream Master scenario 3. Blockchain Industry scenario What would Tone say? What would Hoskinson say? What do you think?
I believe this inverse H&S will play out bullishly, as per the symmetry and fractal formed between the two head and shoulder patterns observed. For anyone interested big scallops like this often pullback before they blow up bullishly We will see if it blows up
Bitcoin Dominance has failed to find support above the long-term downtrend resistance, and the current weekly candle is also below long-term upwards trendline support, which can only mean one thing. A weekly candle close at about current levels or lower indicates a 4.5% drop on bitcoin dominance coming soon.
The scenario which i personally wanna see, we're seeing lots of alts are popping in recent times and if BTC dominance fall to 62 we'll definitely have alt-season.
My guess is the move coming is going to be massive compared to the low volatility we have seen recently Personally i am bullish on BTC dominance I don't think Alt coins are ready to flourish in their current state and will see some 'coin killing' based on the maturity in comparison to the dot com bubble. This is a very interesting intersection for TA.
Welcome to this quick update guys. Like my previous Dominance update I shared both the bull and the bear scenario. In this chart I would like to share with you some reasons why I think Alt season may continue for more 7 weeks. Please observe the chart with me: The Fractals, you cn see the black poly line waves have been moving like a rhyme . 50D MA: Whenever...
Its easiest to describe this in text I call this a quasi alt season due to it simply being the formation of a bullish wedge that is forming on BTC.D Hence BTC.D is not dumping it is just positioning itself for its next move. Here are my thoughts on when it is an altseason!
Guys first of all please hit that like button to support my work. It takes time keep you all updated with the market. Follow me for more future updates. Let's get back. to this quick update: BTC Dominance followed our previous charts correctly with a 100% accuracy, you can check it by. yourself (I'll post the links in this update). You can observe in the chart...
Dear readers I would like to point out that Bitcoin Dominance (BTC.D) has made both complete wave-count on relative price as on the normal price and with this long sideways distribution we should see a big move in near future. This move could send the momentum for a further trend as the dominance went sideways for a really long time and is now finally able to find...