There is more than 3 parameters that we're getting into the Alt Season. But we only need 3
OTHERS.D as you see made a positive divergence exactly on 0.618 level of long-term fibo and, Touched the up trend-line for first time and showed pump reaction .The only thing we need is to break the down trend-line .
ETH.D had made a rising wedge and its going to dump or...
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Everything on the chart.
Like for me, we are finishing the correction in wave (ii), after which I expect a global decrease in dominance.
Target zone: 33-30%
cancellation of scenario - consolidation above 48.5%
Good luck...
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Everything on the chart.
Target zone: 35-30%
cancellation of fall - consolidation fix price above 48%.
Good luck everyone!
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It's not financial...
#BTC Dominance getting rejection from the resistance. Reason we are seeing some green in many Alts across the market.
ALT/BTC Pairs are likely to continue the rally unless broken upside.
The trend for alts look strong for now but keep in mind this will only stay this way as long as BTC holds the $28k level. That is the key level we need to keep an eye on.
Make...
CRYPTOCAP:BTC.D
We are being rejected of the monthly supply and might head downwards in sometime which may let the alts to rise. We have made a triangle in which price tried to brekout upwards but seems to a fake-out now to trap late longs. Bitcoin bottoming and Dominance going down can give provide us with at least 15-20% for now.
PS = Still holding 50% USDT...
BTC.D I'm seeing a reversal at this point , next weekly open can be good for alts in my opinion 44.62% and 44.17% acting as a strong resistance here . But on the other side if we close a few daily above 44.62% we may see another blood bath in this month , else a drop till 42.63 level is quite possible . BTC might range till 20Th of may and Dominance going lower ....
Although I have been calling for an Alt season for the last 4 weeks.
A massive rally looks imminent in Altcoins.
Below are the reasons we can see an Altseason trigger:-
1. Close below 21 MA confirmed
2. close below 50 MA confirmed
3. Possible bearish Crossover below 21 MA below the 50 MA.
4. BTC Dominance got rejected from the red resistance zone.
5. Multiple...
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Everything on the chart.
Target zone: 35-30%
cancellation of fall - consolidation above 48%.
Good luck everyone!
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It's not financial advice.
Dont...
Altseason might be starting right now!
Btc.d broke under a support i drew on the daily. But why would that mean altseason is coming? Because there is a big bearish divergance in the rsi on the weekly chart which is shown through the yellow lines. This means btc.d can make a low lower than the previous lows at 39%. Btc.d could also break the channel's support line...
Welcome to this extensive analysis BTC Dominance.
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Explained in the most simplified manner.
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Now, let’s get to the chart.
BTC Dominance is following the previous chart so far.
Although there's some initial...
Guys, before i start this analysis I believe BTC.D is a LONG in the short term till it hits about 45% as that is the resistance of the downtrend channel that is visible. I'm guessing it will happen in about a month. Anyways, this chart shows that a bearish divergance is getting created on the weekly timeframe. Right now it kinda got created but its very small...
Welcome to this extensive analysis of Bitcoin Dominance
If you are reading my updates for the first time, make sure you follow me if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
BTC Dominance bounced and pumped almost 4% since the last chart.
Expected this...
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Everything is according to plan.
I don’t know if wave (e) has already been set or we will only start to form it now, in any case, I’m waiting for the fall of bitcoin domination, we will confirm the fall by breaking through 40%.
Target zone 35-33% and possibly 30%.
There I...
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Everything is according to plan.
Nothing has changed from my last idea.
Target zone 35-33% and possibly 30%.
There I will sell altcoins and go to fiat.
Good luck everyone!
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It's not...
