Altcoins may see continued favor for a short period. I'm looking for a double-bottom where the 2nd circle is drawn. After we hit 62% again, I think we'll see a massive rise in BTC dominance and bitcoin value. Many will exit altcoins until bitcoin reaches near its new peak value, and then a real altcoin season will start, before everything starts correcting...
Welcome Hyperspace Travelers.. Hope everyone is doing well. Technical Stuffs from the last idea.. Please see the first Model failure on BTC.D. Double Nestled Cup and Handle Formation with Orthogonal Phase States. Timeframe 2015-2021 Linear Root w/ Wave Satisfies 0-A-B-C -IN- Linear Root w/ Wave Satisfies C-B-A-0 -OUT- w/Junction at Dominance Low. Nestled...
There is a big divergence between prices and Btc dominance. I think these prices will be withdrawn (maybe after eating some more pump). There may be 9700 to 9500 resistors. Dominance is around 62.7. It doesn't look like a steady rise. There is a down trend line for BTC.D and it does not give a clue that this rise will be permanent. If we come to price analysis...
Crossed over channel midline, crossed over resistance and tested it. I see BTC pumping while Alts falter.
retest of these levels is how much juice your alts have left to grow. If it doesn't go into bitcoin it needs to flow somewhere else. Hope people understood the concept of market cycles by now... it looked boring to you , did not move at all and you only bought when it was mooning. Well there is your explanation. buy when it's absolutely doing nothing at all.
BTC D will retrace a little from here before further drop till maximum 64% according to Reveres cup & Handle it will be Great Opportunity for accumulate more #ALTS in dip For upcoming Bull Run. 62% Is Strong Support for Dominance (Nack Line Become Strong Support ) According to me Incoming Day's It will broken & Alts Rally Will be Start aging.. 😊
BTC.D. Daily. Descending channel variation. Picked out in green
I don't see a great deal of strong support for BTC.D at its current level, some stronger refuge to be found around the 60% region. My analysis indicates a touch of trend line 'A' is likely. It may well try to correct here and give us more of an indication as to what's next. But, I am mindful that we may be heading for confirmation of a falling wedge If 'A' is...
Hi, On the Daily and larger time frame, BTC dominance still has downward pressure, based on the Phoeix\RSI\WT indicators, as well as the structure that I have outline in this chart. There seems to be a bullish div. trying take place but its not that evident on the larger time frames (TF), only on the lower TF. Here is the 2 Day chart, Note RSI is very low and...
$BTC Dominance reached 60% (historically a strong level) & only crossed down once during the 2017 bull run... Willing to see how this evolves, red trendline on the daily chart should be a warning for Alts party...
Analysis based on trendline , EMA , SNR , LMACD, RSI ,Volume, SMS indicator -Based on daily analysis candle almost breakout resistance line -Currently candle above EMA 20 trying to catch EMA 50,100,200 and we might see bull start -Strong support at 87 Satoshi -LMACD giving signal bull signal + Volume keep increasing -SMS indicator giving bull signal with 5...
Alts season? probably not.. But one day yes. When you ask? Well 2022 maybe
Hello, traders. The question is simple, is BTC ready to recover some market cap? The answer is not so simple. The altcoins are rising sharply in the past few days causing bitcoin to lose dominance. Due to factors such as bitcoin are linked to American markets that are quite susceptible to bad news, this stability has made altcoins gain strength to gain...
BTC domination is going to 60-62%, while bitcoin grow up to 9550. Further update will be posted in my tradingview personal page. Like, share and subcribe me for more profitable chart! Feel free to share with me your ideas in the box below! FTT is one of the predicted most profitable pair in this season, see the chart below for the short term target with 50%
Trading Analysis: -Nexus break that 2250 Satoshi SNR line and straight to 2300 Satoshi -This area was previous line after halving and can go up to 300% within 10 days. -Currently on 2250 Satoshi SNR which is turn to support line and key signal to look at for daily candle -LMACD , RSI , SMS indicator still above par value price which is above 50% key...
Trading Analysis: -Nexus break that 2250 Satoshi SNR line and straight to 2300 Satoshi -Currently on 2250 Satoshi SNR which is turn to support line and key signal to look at for daily candle -LMACD , RSI , SMS indicator still above par value price which is above 50% key level -Strong candle will confirm for bull/ Accumulation phase