May try to form a heads and shoulder, may drop from here. Clearer picture than the BTC chart.
If BTC falls and BTC dominance continues to increase, it will kill the Alts. Maybe the 90% culling of Alts is this year.
This is not a drill, repeat not a drill altcoin season is about to start, when this monthly resistance is broken be prepared for insane gains. This aligns perfectly with the BTC.D chart 2020 your wildest dreams will come true.
Beyond the 67.6148 point, it confirms the transfer of funds.
This week's flow may indicate whether the price will stay above the 67.6148 point and rise above the downtrend line.
Since the funds did not increase exponentially, they can fall below the 67.6148 point at any time.
I expect funds to go well and rise above the downtrend line.
TOTAL2's own inflection...
XRP's dominance is again challenging the 5.99 point, which is considered a sign of the uptrend.
It is expected to touch 200MA soon.
XRP's dominance would have to rise above 8.04 to get to the Alt bull market.
As of October 6th, MACD has been reversed, showing a declining moisturizing effect.
Touching Ichimoku's baseline and rising, touching 20MA again and falling.
This is expected to continue and eventually fall below Ichimoku's baseline.
USDT should maintain its dominance by dropping 1.7 points, and if the price falls below 1.43, then it is expected to gain momentum.
This is a chart of funds of the entire coin market after minus BTC.
Touch the light blue uptrend line and it is rising.
The day when the downtrend line and the uptrend line meet is around December 4, 2019.
I think it's a chart that tells if the movement of funds is moving from BTC to Alt.
We hope to climb beyond 67.614B to form the basis for the Alt bull...
The dominance of BTC is slowly falling.
A decrease in BTC's dominance does not necessarily mean that BTC's price falls.
When the dominance of BTC falls, we need to see where the money goes.
Funds should not move to stablecoins, but should move to altcoins to start the bull market everyone wanted.
BTC's dominance should fall and Alt's dominance will rise until...
The funds of the whole coin market touched the light blue upward trend line.
In addition, the 20MA diagram was touched.
We may see if we will cross the uptrend line around October 15, the first inflection day.
There is a lot of funds in USDT at present.
The direction of the coin market will change depending on where this fund moves.
As USDT dominance falls below 1.7, the coin market is expected to move.
I just hope USDT will not update the maximum price.
Like XRP chart, XRP Dominance chart is rising.
It is hard to say that XRP's dominance has temporarily increased due to BTC price drops.
After touching the light blue upward trend line, it shows the upward trend and is expected to reach 5.99, the first transition point.
I think the upward trend is from 8.04 and above.
This is just a quick reference to where the alt market may be heading after Bitcoin's latest sell off.
To me it is impressive how the market managed to follow a downtrend that symmetrical to the uptrend of January - June.
Do you think it can go all the way down to fill the pattern? Personally I see the next symmetrical Support levels as strong candidates for the...
Let's take a look at the TOTAL (Crypto Total Market Cap.) chart, which measures the total cryptocurrency market capitalization (Bitcoin + Altcoins).
Today I want to keep it simple, knowing that simple is best.
We are going to direct our attention to the major support and resistance this index is facing... Let's get started:
1) We have the Major trendline...
