Alts are going to get more time to recovery.
Possible dip due to overextended RSI and TSI (could make one more move upward), remains bullish above the cloud.
UPDATE: 04/11/2019: #BitcoinDominance (#BTC) traject 2019/2020?
An update from my last Bitcoin dominance idea, where I called out the dominance would top out in September then start to gradually fall before alt season. I say this with confidence, I don't see bitcoin going any higher than 74% dominance. In September it topped a little over 73% and has failed over and over again to break that. A lot of people are calling 90%...
Bouncing from 0.382 fib retracement, altcoin dominance has broken above the 200 Week MA (29.65%), RSI now left oversold conditions and MACD about to bull cross. "ALT.D" (1-BTC.D+99) needs to close the weekly above the 200 MA to remain bullish, but otherwise the risk/reward is there for a trade to the 0.5 fib retracement (49.95%) and resistance level. This would be...
Hello, Traders! Monfex is at your service and today we overview Bitcoin Dominance . The domination is near the strong resistance line and MA100 and most likely this week we will see a rebound down to the zone of intersection the middle line of the large ascending channel with the bottom line of the falling wedge from which this percents can go up. Summarize ...
BTC dominance (BTC.D) is expecting to be dropped, a chance for altcoins? Bearish signs for BTC.D as shown in the daily chart: - BTC.D violented key support at around 69%, as mentioned in the previous analysis. - BTC.D can't break the downtrend resistance, established since the earlier of September 2019. - At the time, TRIX fails to break its downtrend resistance...
Market dominance is a figure that represents how much money is held in bitcoin compared to other altcoins
The Market Cap BTC Dominance has hit the resistance at 72.83 which is not broken since July 2017 and likely to fail in breaking out. Volume profile since july 2017 upto now is showing less interest of traders at resistance level. The RSI is overbought. Stochastic has given bear cross from overbought zone. MACD turned strong bearish. Lagging span of ichimoku cloud...
i uploaded chart on my channel on sep 18 and now bitcoin is following the chart perfect let's fuck this support and go down we need alts party
Might be time to short alts temporarily for a bounce. I dont know how hard its going to bounce or for how long but if we look at the weekly chart it is spectacularly bearish. God Speed Gents, Mr. Manbearpig
Hello, Traders! Monfex is at your service and today we overview Bitcoin Dominance. Bitcoin's dominance has grown slightly over the past couple of days by bullish div on RSI, but we see that Altcoins on its support levels and on the domination chart BTC has come close to the resistance: the resistance line of the descending channel MA100 the...
One of the most common questions I get when it comes to altcoins is, "should I trade or should i just buy and hold?" For most people, buying and holding (or hodling) is often times the best answer. It's less time intensive and you don't have to think about it too much. The problem (and often asked question) is, "when should I start buying?" For that, I would...
Lately we have seen $alts holding value in USD, Dropping at a lower rate than $btc or in some cases such as $link this weekend even go up in value when $btc dropped. Should we take that as a sign of them bottoming it out? #alt season is a Lot closer than many traders anticipates. The chart shows us how Fast can $btc dominance collapse in a very short time period....
Attempted to spot something like supply/demandzones for the BTC.D Chart There does appear to be some sort of correlation in the trend Same gradient lines match points all over the chart in new range 90%-45%ish apex points from various significant(?) trend lines match significant moves or turning points in dominance Sitting in low 70%s old sup/dem(?) zone just...
If we break lower, alts will pump hard. Good times are coming.