Previously, I shared a Cup and Handle formation on BTCDOM. The target for the Cup and Handle was 500 billion.
Yesterday, following the favorable ruling about XRP’s legal standing this pattern broke below the 340 billion support level.
It is still a bit early to call an altseason because there was no retest of the 340 billion level as resistance. Regardless, the...
Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Target zone: 47-45%
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own...
Here we are now, 52% was resistance as predicted.
Now dropping below 51%...
Its not too late to load some alts anon, dont be left underexposed. The risk reward is great at the moment.
I been saying this all year.
BTC D high BUY ALTS
Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
(1D chart)
The possibility of major changes on the USDT chart is increasing.
When the Bollinger Bands (bollinger bands), which have seen the flow of the historical USDT chart,...
I think it is important to show this chart.
A LOT of people keep pointing towards the BTC Dominance chart as a signal for the Next ALT season.
The Green Boxes show us where the 2 Major seasons occurred ( Green Boxes ) and how BTC.D rose and then has entered into a Descending channel , Fell below lower trendline and has since re-entered it and, since Dec 2022, ...
Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
As USDT fell below the HA-High indicator on the 1D chart, the likelihood of further declines is increasing.
Therefore, the key is whether the gap can rise above the HA-High...
Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
A long lower tail was created and then gapped up.
I think the fact that the formation of candlesticks like this occurs is evidence that many transactions have been...
Hi traders,
This is my POV about BITSTAMP:BTCUSD
On weekly TF, BTC's trading around 30150 now.
You can see BTCDOM's over ATH 2021 and 2022, now it's nearly 52%.
I see some good signals
- RSI Overbought, not divergence
- MACD > 0, going up
- ADX > 40, strong strength.
- Price's a big green candle, it shows buyer pressure.
BTC on 4H TF
It's in...
TLDR:
• BTCDOM is in the final stages of a Cup and Handle Formation.
• Max target for BTCDOM is 500 billion.
• I estimate that BTCDOM still has two or three months of upside. During this time Bitcoin will perform better than most alts. However, BTCDOM is close to toping. Once BTCDOM realizes its full potential I expect the alt valuation in BTC terms will...
Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
It shows an uptrend due to trading after a gap down.
An uptrend with a candlestick movement without gapping indicates that USDT is increasing due to selling.
I think the rise of...
Hello everyone, I invite you to review the situation of BTC Dominance over the rest of the cryptocurrency market. At the beginning, we will use the blue lines to mark the downtrend channel, which after several attempts was able to exit upwards.
Now, using the trend based fib extension tool, we can determine the places where dominance should encounter resistance....
- Bitcoin is sitting at a good buying opportunity on different perspectives
(long-term investing DCA, mid-term bounce- short term craze) ;
in the midst of TVC:DXY plunging today
Currently trading at Strong Zone of Support :
- S/R area
- Its Support of Golden Zone of 15K low to 31K High (CHoCH uptrend)
-Demand Zone
Looking for CRYPTOCAP:TOTAL2 as well to...
Bitcoin Dominance is about to go through the roof. The weekly RSI is at its highest level since September 2019.
The setup we are seeing now is something we haven't seen since early 2018.
We are also about to experience the "mirror image" of the phase that took place in Q1-Q2 2022. Mirror image as in reverse.
We should see massive growth across the...
BTC /Bitcoin Dominance 1w Longterm
Similar green pattern / similar RSI levels in here
It should look with Others Dominance
Im bearish on the dominance ( %39)
hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
After June 3rd, it is showing a decline as it creates a gap for the second time.
If this decline continues, there is a possibility that the coin market will plunge.
(USDC...
In this chart I analized BTC.d with BTC/USDT and compare same potential pettern to be repeat again.
by looking at the time period between two vertical dashed lines as the BTC.d rised up; BTC price almost doubled. why a valid breaking from the trading range do not turn into a 10 to 15 thousands US $ increase again?
tonight we have important news that could work as...
BTC dominance broke 50% and there is minimal resistance until 52%.
If 52% breaks we could scam wick to 54% and down or continue to 57% and rekt the altcoinmarket.
most likely scenario seems to be 54% currently, but with big financial players entering BTC etf we might see higher.
As you can see in the chart BTC Dominance above the important Resistance Zone that we have been talking about.
This is why your precious Altcoins are bleeding. BTC and ETH are still doing relatively well in the grand scheme of things.
Remember, when BTC dominance is high you buy alts, what comes up must come down. Before every major alt season BTC dominance had...
