🔅The Bitcoin Dominance chart is presenting signals of a potential trend reversal or, at the very least, a substantial pullback. The repeated failure to breach the supply zone on two consecutive occasions highlights the resilience of altcoins against Bitcoin. 🔅The current hold within the supply zone indicates a pivotal moment where the long-anticipated altcoin...
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...
Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. As we gradually make our way up towards a new ATH over the next few months, technical indicator tools will be crucial to help catch those perfect swing-trades. Today's analysis is an absolute MUST watch for beginners- to...
#crypto market is greedy nowadays. But when everyone is greedy, take extra caution. Money flowed into #altcoins , while #btc price is moving sideways and naturally #btcdom indice is slightly corrected. But BTC.D is about reach the support region and it' s probable that it may bounce there. If bounces hard, that will surely take money from altcoins if there' s no...
As I said before, I will say again that the market will always give you another chance to buy and there seem to be signs for this second chance. Possible scenario for me: Pullback to the broken levels of dominance by Tether and Bitcoin in the coming days and try to collect liquidity from the market and stop hunting small traders like me! Then the return of...
Dominance is performing nearly perfectly with only a few surprises along the way. I wasn't quite sure dominance wanted to test the underside of that channel you see in red. That channel started in November of last year. We broke to the downside in August of this year and never really retested. Well, here we are today. We have retested the underside of the channel...
Expecting altseason after completing 55-60% pump 📌 then dump in CRYPTOCAP:BTC.D Sign alts season started 📌 55-60% is accumulation of ALTS Meanwhile white 🤍 line rejection 50.5% below 📍 lead to complete 40-45% Then upside 🚀 move 😉 BITSTAMP:BTCUSD + $BTCD both ALTS dump and consideration If any chance of weekend candle close above white 🤍 line 😂 no mid...
#btcd has been pumping for al long time. Expecting impulsive move will reach #btcdom to %58 the ATH of the channel , then dump. Not financial advice.
Alt coins are bloody, the market moves based on Demand and Supply If we go back to our chart, we can see here that there is not much demand in that area, between 600B to 680B. In our previous data, in that area there was a good upward impulse movement, but now the sellers are more aware. We can go back to the 400B range of the Alts marketcap, and we can...
Touched that 48% level that was predicted, in order to retest previous resistance. Personally hoping for a double top and BTC D consolidating between 54 48 levels until bullrun arrives. But I also see 54% and even 57% as a possible final level (black swan). Alt bags are ready for bullrun. Could definitely wait more for lower levels but many alts are at an...
#BTC taking the lead as in past #crypto recoveries Measured move to tag previous resistance. #ALTS will lag but still give smaller gains.
Last month I made an analysis on the BTC dominance (BTC.D) where I discussed an incredibly bullish pattern. The falling wedge played out as expected and the previous resistance is now retested as support. In my view, the BTC.D will continue to rise for the next months. I'm looking at a value somewhere between 55%-60%, potentially higher if we get a big...
Already we are seeing present CRYPTOCAP:BTC.D is dumping with BITSTAMP:BTCUSD Sign they money 💰 is going out 😬 Is really big player going out 😬 ??? Or manipulation before big players in 🟡📌 To get know only metric index we have CRYPTOCAP:USDT.D above red ♥️ box day close 📌 whole market dump comfirm 👍 BINANCE:BTCUSDT won't go new low 🔅 instead test ...
Are we going to get a halvening before the Halvening. Ethereum priced in Bitcoin is giving us the headsup that things are not right in #crypto world After being so strong for so long we have broken down through our stop loss for a Bullish #HVF and now appear to be spilling towards legacy ratio's if #Ethereum does go on a tumble expect your #altcoins to...
BTC is now retesting the bullish breakout and if succeed, btc dominance will continue moving upwards. If same time , btc pumps, this is a good sign for bulls. If same time, btc price plunges, this will be doom for bulls. And both cases, altcoins' prices will suffer if BTC dominance goes up. Due to increasing volatility, be careful hold on guard and use stops. NOT...
Looks like btc is ready to make a big move. RSI is at a common turning point in the lot to mid 30s. BTC.D falling onto major rising support. If this trend holds, BTC could make a big move and take a larger share of the crypto market. NFA Do your own DD. Keep an eye on this crucial level.
In the future, with the growth of Bitcoin dominance, we will witness further declines in altcoins; we are still in a BEAR MARKET.
I've been tracking btcdominance' weekly data and it looks like a major shift is starting to transpire. Shorters seems to have found their peaks -- and altcoin bulls may take over anytime now. Double top has been created -- and a strong order block resistance is being met with rejection. Expect reversal to the downside from here on for BTCDOM (expect...