Hi, On the Daily and larger time frame, BTC dominance still has downward pressure, based on the Phoeix\RSI\WT indicators, as well as the structure that I have outline in this chart. There seems to be a bullish div. trying take place but its not that evident on the larger time frames (TF), only on the lower TF. Here is the 2 Day chart, Note RSI is very low and...
Hi All, As we have seen lately with the ALTs making moves, one should also be ready for opportunities when BTC has its turn. Looking in the long term, I see BTC dominance dropping however I don't envision it going in the straight line. So be cautious as to when you flip from Alts to BTC to Alts. At this point, I'm looking for a few daily candles to hold up BTC...
price at support and trying to breakdown here two important things to notice RSI and MFI RSI works on volume so here we see drop in volume and not looking good MFI works on current price action and we see divergence in mfi Conclusion : the first priority is volume and we are lacking right now so with price is flowing above surface we will soon dump hard...
Just dump bitcoin dominance we want big alt season
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...
There are the falling level of BTC Dominance respectively. I think that rising of BTC Dominance is about to finish finally (: In Jun2020, the dominance is going to fall week by week.
When the dominance of BTC drops. The Altcoins are very good. Especially well show the altocoins growth in pairs to the BTC. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
BTC Dom is following a Descending Broadening Wedge pattern and it has big chance to pump to 76% Dom if breaks this pattern at 69% And after hit 76%, it also can pump and break this level and move fast to 80% or even 90% So be careful!
Hello everyone welcome to this new update. I would like to keep this update very simply and short. The level is 200D MA which is acting as a support now. On my last update I said Dominance could break below the 68 level and seems like it did but eventually holding the 67 level strongly. If it breaks we can see it reaching to the 65 level. Once we break this 67...
As per my chart, I see BTC dominance still to climb a little more before ALT season kicks in. Regards, S.Sari PREVIOUS POST
Hi All, With recent ALT performance, one should see what's happening in GENERAL TERMS. Observation: Based on massive wedge, and what other Alts have been doing, it supports the thesis the the coming weeks and months, BTC will rise slower than the alts. The exception to this will be a massive quick drop that can happen any time. In the coming week, I don't see...
Im not 100% sure why altbtc pairs are looking so good right now. Its not all of them but it is certainly enough of them to make you think something weird is going on. I could be wrong about this however because BTCUSD looks like its going to take a horrible shit but dominance is and has been counter singaling what we have been seeing.. Only time will tell. God...
YES I already laid out justifications in previous videos that are posted on my twitter. God Speed...
Looking like the dominance is going to collapse which means that it may actually be time.... Also the DOW is going to bounce. I think that will be to create a false sense of correlation between legacy and crypto thus causing fear. Im pretty sure that legacy is going to be a dead cat bounce while crypto goes insane. Watch out everyone. God Speed
It doesnt look like the 535 is going to be retested and we will be avoiding the 7800 level stated before. Its time.
Its now or never for BTC. I think there is a strong chance we are going to bounce from here. Also Dominance market structure looks wonderfully bearish. God Speed, Mr. Lucifer
Looks like we are going to be flagging out for the next couple days so we can dump even harder later one after the flag has formed. Will hurt alts a little bit more before the pump but thats okay. God Speed