#BTC_DOMINANCE_UPDATE :-
BTC D break down trade line now support is 59.70. Once Cross this support then 59.00 is next Support means Alts good move ahead 😍😍🚀🚀
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We have to see if we can quickly ascend above 10088.5 points.
We have to see if we can get off the downtrend line (6).
If it falls from...
Hello, traders.
BTC dominance keeps slumps after every bull attempt to gain market cap, and the price is inside on what it seems to be a bearish downtrend channel.
But if the price goes above 62 regions we can imagine that this downtrend will be over and the price will make a bear trap on that major support level, and after that, they gain market cap...
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(1D chart-Fibonacci retracement percentage display)
Take a look with this chart.
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Here in this chart I have clearly shown the potential,path of a bullish price movement in the Bitcoin/Pairing price of XRP. This is not a USD/ Pairing of the XRP price. Looking at the bitcoin Dominance still holding below the 60% range, I AM BULLISH ON XRP. In the red highlighted rectangle is my short term price prediction target. The yellow area is the resistance...
Hi All,
It just goes to show you having a sizable BTC component of your wallet is important especially in the panic dump.
We had a bullish divergence coming to a key fib level. So we had the warning for a number of days that a big move was coming... I was leaning more the bullish div. playing out with BTC breaking the 12k, but not so.
If you look at BTC in the...
If the price gets rejected by the 200 moving average, and the 50 becomes resistance. The price of XRP will then drop back down to the lower 0.20 USD range, and my Bitcoin/XRP target is the green dotted line around the 2200 Satoshi price range. Again I must add, the Bitcoin Dominance has dropped below 60%. Still bullish, just waiting on the price to climb back...
This is what the charts seem to suggest, might coincide with a period of sideways action in $BTCUSD, perhaps awakening once again by the end of 2020. I'm not keen on trading $BTCUSD or large cap alts while they are sideways and choppy but many smaller coins have good setups. Please be careful with sizing and liquidity when trading altcoins. I'd suggest small...
the relentless drop of BTC dominance is unstoppable. index hit the 4H 200 ema and is in a rising wedge. Previously when the index touched the 4H 200 ema it dropped dramatically.
Currently Both LINK and Polka DOT are rising parabolically in dominance. Both overtook LTC and today DOT surpassed LINK in dominance.
Hi All,
Many of the ALTs are dropping because we have a bullish div. playing out as per the chart.
Its a bit puzzling as to why they nearly all do it but here are my thoughts.
> 1) BTC decent from 11400 to 11300 range makes the ALTs decend more rapidly as BTC is king;
> 2) The ALTS like LINK, KAVA, ADA, etc and many more have not completed their ABC...
1H chart looks like double top for me with small bearish divirgence on 1H stoch, MACD looks the same direction
Considering my plan for BTC, I'm looking dominance to go back down this time, giving breath to alts.
Hi All,
By observing the trend and the indicators, for the next day or 2, I have BTC dominance dropping.
This could only mean one thing in my opinion and that is BTC will slowly go up while the alts go up quicker.
I can't see BTC dropping and the alts dropping slower. Hence why I am viewing the 1st statement.
Explanation: BTC looks like for now, holding the...
We are in an altseason for sure, however please note that it could not last too long and some dominance strength could possibly be seen in near future. Hidden bullish divergence played out, however falling wedge pattern forming from strong diagonal resistance could lead BTC.D to increase. This case plays with my BTCUSDT idea which you can see in next post.
