Bitcoin has been dominated recently by a huge influx of alt price increases while the price of BTC has steadied. However, it looks like a pushback is right around the corner in the next few days based on the current trends. On the one hand, there is a horizontal parallel channel that has continued since the beginning of 2019 (blue dashed lines)! On the other...
I think this is a very strong signal that I can see, It has many patterns that show it gonna go more down. After that, we gonna meet Altcoins on the mars. But everything has not to follow patterns or technical analysis, if some good funda comes for it, so has a chance for a pullback. It's all about time. "Like and share if you see it important"
From my research (twitter) and from my own due diligence in analysis, I've found BTC.D to be a good indicator of possible opportunities in terms of when to add or be weary of allocating to Alt coins. Looking back form 2017, we can see that there are a few zones which have been respected over the years, most notably 38-61%. Currently price (and the alts) have had...
In the perspective of a lengthening cycle theory, with the end of the cycle around end of 2022, we would have a much longer time to develop the alt season, with a double top cycle in BTC like in 2013, and the coming correction in BTC would coincide with a surge in BTC.D. If this perspective is confirmed, it will be better to go out of crypto and stay in FIAT the...
I allocate almost 20% of my bags for RIF Ascending triangle pattern brake out for the second time, good follow up candle after the bounce from 20MA (yellow) thus, confirmation for this breakout is a must before I go for a long position. Another reason why I'm bullish for this coin is the MACD cross on 1 day time frame. I'm still looking for a good follow up...
Good day! Vite is currently on 50% retracement as of the moment. I'm expecting for a retest to the trend line, if the price action respects it's support and bounce from their we may see another leg for VITE. History repeats itself BUT it may invalid at any moment when volume spikes downward and BTC.D spikes upward. You can use ADX indicator in order for you to...
It looks like that Alt Season is started.. Every single parameter on BTC.D, TOTAL, TOTAL2, OTHERS.D and ETH/BTC shows this to us.. For example you could see a lot of Alt Coins were pumped yesterday as Bitcoin just was ranging.. But to make sure of this fantastic party in ALT Coins we should wait and see if the BTC.D weekly candle will be closed below 60% or not....
#BTC.D #Bitcoin Dominance shaped a head and shoulders pattern and broke down the neckline. it is about to close the second week below long term support line. if it extend the fall, we can expect more bull run for Alts.
BTC.D is now dropped lower than the levels seen in DeFi summer 2020, expecting April to be extremely bullish for a wide range of Altcoins.
when I just entered the field of trading crypto since 4 years ago and I was just a silly beginner , I was asking myself how these people are making such massive money 2,4,20 and 100X, are they scammers or hackers, what's going on with them? I found that the main reason that make alts move is the BTC. As a beginner u can think that when BTC goes high it will be...
Possible scenario for an altcoin season until the end of August. With a possible BTC top in September.