I see on the chart soon we will have the intersection of MA50 and MA200 and this is called - Death cross
The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock's short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used...
#BTC Dominance 100% correct Update:
#bitcoin Dominance Finally same as I told you and also told you sucure profit form #Altcoins
Hope you earn and earn.
Nobody told you about this Correction.
1)- If Dominance Break upward 65% then #Altcoins Bloodbath More so be careful
2)- If Dominance same like our Chart then Once #altcoinseason also Posible.
So be prepare...
BTC Dominance Chart Now Bullish
so now current Bitcoin Dominance is 63.30%.
Whats Charts Says?
According to Chart in Daily Time Frame Bullish Engulfing Pattern Working.
So if This pattern success then Altcoin Bloodbath posible.
Because if Bitcoin dominance will increase then altcoin dominance do down.
and Then altcoin dump posible.
so always secure profit with...
Currently we have a lot of green charts on bitcoin and altcoins. Yet we should be careful as I am expecting one more retrace of the total market cap before we will break out of this symmetrical triangle pattern, retest and then making higher highs.
Looks like at season is here.
Unless you stacked up on alts when I posted this analysis back in December:
Most likely in the next few days there will be a small retracement (most likely BTC will dump 5-10% to help with this) and this would be your best...
I believe this space (cryptoland) is becoming very interesting as dominance slowly is shifting away from Bitcoin into some major alts whose projects have excellent execution and increasing/promising use cases as time progresses. Bitcoin continues to be a great store of value yet some alts are beginning to steal the show. It is my conviction that...
Bitcoin dominance chart by market capitalization. Perhaps an upward wedge will form before halving. Then a strong drop in the dominance of bitcoin and pumping altcoins. I showed the zone for a more likely reversal on the chart, although the entire zone for observation is the line of the uptrend.
You also need to understand that the situation can change quickly if...
The cryptocurrency market is witnessing a correction for the last 48 hours, Bitcoin price had dropped from 10500$ to 9700$, and Major cap altcoins like XRP,ETH, LTC and EOS saw an average drop of over 15% in last 48 hours. Cryptocurrency market cap lost 30B$ value in past 48 hours, while Bitcoin dominance saw an increase of 5%.
Now the question is?
Is it a...
Still learning and a long way to go. Mostly have followed FA, but this looks interesting to me...seems we are at a tipping point. Would love to hear input of others on where we are headed. Will a surge in alts occur before the halving, after the halving, or not at all until the lucky few surviving projects show true network effect and actual value. My thinking...
#BTC Dominance Chart Update:
I told You if 67% break then big altszn I hope you got it.
now Dominance at support 65%. we can expect now dominance one spike.
#Altcoins can go down little.
secure your profit.
if break upward 67% then we can see blood bath in altcoin.
But if not break 67% upward then ready for one more big altsession.
keep an eye on every...
In our previous update we outlined how Dominance chart is taking a beating and is now consolidating around previous support levels. But is this consolidation to be considered re-accumulation or distribution?
The fact that this is the 4th time that support level is being touched, leads us to believe any bounce in the dominance will be short lived and more...
As we have outlined earlier price broke support which has started acted as a resistance.
There has been a relief in most of the alts as we had our setups on ADA's Twitter (more than 40% profit in 10days on alts).
However, price is at support now and also at 150 DMA, thus the "small alt window can be at an end". If Price will not hold above 150 DMA, then I am...