Short term bounce before the dump at the end of tomorrow. The tragectory is indicated on the chart. Alts to suffer in the coming hours from this bounce. Im going to try to short the dominance chart with alts sometime tomorrow after this bounce to get in lower. Im not going long but I am going to hold out to get in at roughly the top of this channel with a snall...
Hello my friends. It's Crypto Ranger K. I cannot post until day after tomorrow. So I leave an analysis article at dawn. I don't think BTC dominance will rise for quite a while. The above chart is a 3 week BTC Dominance chart. If you look at the MACD histogram first, you can see that it forms two arches, both falling and rising. Especially during the period when...
Its gonna get ugly for BTC and its Dominance here REALLY soon. Im not certain how far it will go but it will take a fat dump over the next couple hours and day... day and a half perhaps. God Speed Mr. Manbearpig
will be waiting on weekly candle close, however, looking at some of top 10 alts on thee coin market cap it's time for them to bounce again meaning BTC dominance shall start tumbling down soon
The Bitcoin dominance chart is looking very weak. - We had a longterm BIG bearish divergence on the daily building on the recent move up. - Higher timeframes (2D+) looking like a rising wedge. - The divergence is close to playing out in a downward move. - We see a kumo breakdown on the 4H (pssst, my body is ready.) This could be THE spot where crypto markets...
It seems that the BTC dominance just hit a crazy number and in my opinion it's about to go down!
BTC dominance has now reached the descending MA 200. This could act as a strong resistance as according to TA it is likely to bounce - which would cause an altseason. Or we may break through the MA 200 and then we'd likely have an altcoin capitulation. Time will tell.
We can see up trend Last two month we moving in up trend channel, we already touched resistance line of this channel and now forming symmetrical triangle. Altcoins start moving and BTC dominance can go to first support line. After that we will observe whether we break the support line or not. But we must always remember the blue magnetic support line. Even if we...