Expecting bitcoin to move back down to support following a daily candle closing below local support. Along with this BTC.D chart, clear bearish divergence suggests BTC will be weak in the coming days/weeks.
You're too late to #Bitcoin and #Ethereum As a vehicle upon which to make retirement money No matter how much we like or love them - that is the hard uncomfortable truth When Boomers and stonk market copers believe they are legit as they do all over CNBC you must not put these at the foundation of your core portfolio going forward. But as profit taking...
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. Like for me, we're completed our upward movement in form of ending diagonal Time to decrease, minimal target zone 45.5 - 44.5% cancellation of scenario - 48.5% Good luck everyone! Follow me on...
Bitcoin dominance is at the top of this range that it's been stuck in since May '21 and seemingly turning back down. A bunch of the alts just printed weekly trigger waves or bullish divergences as well. I smell an altcoin season incoming!
Weekly results show no signs of the trend continuing. At two weeks, there are still 48% in the rejection area. When the volume is viewed, there are no clear indications, but it is clear that the 48% area is still quite powerful, and there is a chance that he will move back to the 47% area.
According to the previous analysis, Dominance Bitcoin has moved up to its weekly time frame resistance and as long as the previous log, and it is resting and suffering, and with the failure or rejection of this resistance, various states may be formed in the market: 🔰Dominance and Bitcoin both break the resistance »Bitcoin will grow better than...
Usdt.d based on machine learning and Elliott wave Let’s see what will happen in the next months
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the...
Bulish on Alt Coins Why: - MACD Bullish divergence - Increasing Volume - Retracement of the previous Bull Run at Peak - Bullish Monthly Candle - BTC Dominance (BTC.D) at Resistance, expecting a retest on the previous regional High Secondary Reasons: - Overall Bullish Monthly Close of Macromarkets (NASDAQ & S&P500) - BTC bullish Feel free to comment on my Idea...
BTC Dominance is currently sitting on the strong support and seems to be ready for a strong bounce. RSI currently oversold on daily timeframe. It would make a lot of sense as we still expect alts to drop 50 % which most likely will happen if BTC dominance bounce from this key support. From another hand, if BTC.D breaks down, we may see an alt season and some...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the...
It is worth noting the action of BTC.D at the times leading up to Bitcoin ATH. It is NOT as one would expect, where the Dominance would be Topping out as an ATH is reached. It is the opposite. The PA of BTC.D Drops sharply And as more "Alts" coins come into the space, the dominance of Bitcoin WILL drop, as can be seen on the chart also. The Green box Bitcoin has...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the...
No worries for alts just keep holding the positions. Huge rally is started :)
Hello guys, Consider Bitcoin market cap to help identify market movement and the Altcoin season. You can monitor these two points which will cause the market to turn towards altcoins as dominance declines. Good luck. If its useful please like it as a support and follow me for next analysis :) . Salam doostan aziz, chart arzesh bazar bitcoin hast ke be zire...
Previously I shared dominance analysis for u. Now we are seeing that is, dominance is started to go down. It means that, winter is coming :). Check my profile that I shared before. :)
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📌 BTC.D has been stuck inside a weekly range for for almost two years. After rejecting the lower bound of the range, BTC.D has been overall bullish trading inside the rising broadening wedge pattern in green. 📉 However, BTC.D is currently approaching the upper bound of the...