BTC Dominance is consolidating inside a falling wedge and is currently at the range low and also, BTC.D reverses during every septembers across the years. Also, Alts are overvalued against Bitcoin and i am pretty confident about the upcoming Dominance move.
Yes, it's early to predict but we have left shoulder, head only right shoulder is missing but in future we get the rights shoulder as well then we saw the downtrend rally and in the other hand BTC rally will hopefully in uptrend so, keep on eye on Dominance and trade safely If you like my thoughts Don't forget to press like button
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC.D UPDATE:- BTC dominance breakdown horizontal resistance retested successfully and currently moving towards its demand zone. As BTC.D is bearish and BTC is showing...
BTCDOMINANCE is testing KEY support, that are rekting altcoins since november 2021, if it will break we will see strong move in altcoins, if it will bounce we could see the bearish movement on market.
The break was a good sign to open short position , but after re-reaction the support zone so here is the signal detail buy : 1418.1 sell in T1 :1389.1 T2 : 1393 T3 : 1374.11 www.binance.com
BTCDOM/USDT looking bullish we have a STRONG Support Trendline on Dominance and we have Demand Zone on 15min timeframe im waiting for this move on BTCDOM Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
BTCDOM/USDT just watch Bitcoin dominance starting to push down this plays a big role on Bitcoin where you can see a big Resistance zone on this chart if that resistance cant broke we are Bullish with BITCOIN for my opinion we can Take 22000$-23000$ if Dominance start to drop more down But if that resistance Broke We are Bearish and we comming first...
Bitcoin Dominance just printed a reversal pattern with a shooting star on top, seems ready for a correction. www.binance.com
Bitcoin Dominance Index looks locally topped and about to reverse mid-term, let's give it another try! Current Price= 1517.1 Sell Entry= 1517.1 - 1572.5 Take Profit= 1411.7 | 1311.6 | 1211.1 Stop Loss= 1656.1 Risk/Reward= 1:1.2 | 1:2.1 | 1:3 Expected Profit= +17.24% | +30.20% | +43.20% Possible Loss= -14.40% Fib. Retracement= 0.236 | 0.382 | 0.559 Margin...
BTC.D Retracement Completing 1st Wave - Rally for Alts - While Completing 2nd Wave
#UPDATED #BTC.D Analysis still moving in ascending channel and rejected two times after hit nearly major resistance. but if we see from indicator BTC.D showing in overbought area which shoudly down first to retest indicator center trendline be strong resistance any 4 times trying to breakout always rejected and back to support trendline i this situation can't...
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends. I have tried my best to get the best possible results in this chart. Hello, dear traders welcome to this BTC.DOMINANCE 1Hr chart analysis. Now Rejected from...
#BTC.D ANALYSIS we can see BTC.D now make a rising wedge pattern And also any bearish divergence in RSI . Rising wedge valid if BTC.D breakdown . if this can happen, good for ALTS coin
First BTCDOM target hit, and is halfway through the second TP. Refer to linked post for reference =)
btc dom long trade - clear invalidation below .50 fib
BTC.D consolidation and make a bullish flag pattern . has breakout and also retest and now still consolidation in lower timeframe , we see have double doji pinbar candle on support and confirmation close with green candle , potential continue upward movement minimum 46.82% so this is bad for ALTS if BTC.D up and BTC down ALTS will dump
BTCDOM ANALYSIS BTC succeed breakout and has retest potential continue upward movement. Nearly resistance at 47.69% Area If BTC breakdown until $26k area potential BTCDOM hit 48.92% this is key resistance level for BTCDOM RSI showing overbought on daily so potential rejection and make a correction at 46,7% Area before back to try breakout again
💎"The BTCDOM Index provides insights into the market and can be used as a tool to speculate on Bitcoin’s relative strength against altcoins. Essentially, the index measures the demand for Bitcoin relative to altcoins. When altcoins gain market share relative to Bitcoin, the BTCDOM index loses value. Conversely, when Bitcoin gains market share relative to altcoins,...