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You need to make sure you get support in the 48199.13-50736.52 section.
If it falls in the 48199.13-50736.52 section, a short Stop Loss is...
Hello?
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"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You need to make sure you are supported in the 48214.0-50752.0 section.
If it falls in the 48214.0-50752.0 section, a short Stop Loss is...
Bitcoin dominance almost formed a head and shoulders pattern. In case it breaks down below %59 the neckline and an important support would be broken and a massive alt-season will happen. On the other hand, if it bounces at the support it can go back above %70 which is absolutely not good for altcoins
Bitcoin Dominance is at the resistance line and if breaks upwards not good for alts. Dominance is in an uptrend on the lower time frames and looks like the altseason about to end. Don't take big positions in alts at current prices. We will wait till the weekend for confirmation and only give signals that are at support or breakout. Keep Learning, Keep Earning 😊
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We have to see if we can ascend to the 48199.13-50736.52 section.
We need to see if we can get support and move sideways between...
Btc dominance is looking bearish to me. So good news for alts.
But its not a clear picture, we have a rejection so far of the smaller red trendline, but we hovering around the big weekly ascending support (?) line
Time will tell.
The Bitcoin Dominance hit the weekly support from the rising uptrend.
For the 1st scenario a reversal is going on right now. (higher probability)
For the 2nd scenario , a break to the downside will led to a massive Alt-season. (Lower probability)
P.S. I would like to hear your toughs in the comments below, Thanks.
Bitcoin Dominance has been stuck between 60% and 65% for some time now. We do not seem to want to leave this area so we are likely to consolidate further in this zone until we have a clear reaction in price from BTC (below my BTC/USD idea).
What I would expect is a sharp reaction in price once we move beyond this range.
This may also be a no-trade zone as there...
BTC.D is now testing a level of interest for the 4th time - a break of this level could be huge, with lots of room for growth.
If it does break, level level of interest will be 52.
Bitcoin broke its previous downtrend line. It seems to be on an uptrend, but there is a green resistance against it, which allows the re-downtrend to move up to $ 47,000.
If Bitcoin breaks the upward resistance, we can expect it to climb to the $ 55,000 range.
whats happening now is similar to aug2020 , btc dominance reacting to same trendline , that time bitcoin lost 20% of its value but altcoins lost more , for example ethereum was 490$ and lost37% to 300$ , ltc was 70$ and lost 40%, dot was 7 $ and lost 50% !!!! red region in chart bove is altseason zone . theres 2 touch that gaves us altseason ( check related ideas...
Hi guys..its the latest analyze chart of BTC.D #dominance in 1H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Looking for continuation of the 3.618 (bear wave)
This 'waves' idea is just theory at this point and I want to see how it plays out
I will attach my original Fib waves idea below
If continuation down occurs then alt coins will thrive.
See comparison on the chart - practically a mirror image of each other.
Both have a Head and Shoulders pattern long-term, Ethereum's is the inverse of BTC Dominance. BTC Dominance may drop below 50% to the thick yellow line, Ethereum's BTC value may rise sharply to its thick yellow line. Potential for movement beyond those lines is possible.
Remember that...
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You should check the movement before and after the time indicated on the chart after sideways in the 48199.13-50736.52 section.
If it...
Hello?
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Thank you for always supporting me.
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You need to make sure you are supported in the 48214.0-50752.0 section.
If it falls in the 48214.0-50752.0 section, a short stop loss is...
The recent sell-off wasn’t unexpected. A correction was due after months of strong growth.
But it’s far from clear if it’s over. Our regular questions to Hybrid Intelligence might help.
“Bitcoin crypto market share settled at 61.88% at 01:20 PM UTC on Wednesday, February 24. Will Bitcoin's market share climb above 63.12% (+2%) earlier than drop below 60.64%...
