Ethereum dominance has a potential golden cross of its 50/200 day EMAs and MAs in progress as it tests the top of both along the neckline of a W pattern. The question is how high it'll actually go. For Ethereum to become really bullish again vs. BTC, BINANCE:ETHBTC needs to reclaim the 7.2 year uptrend it lost back in March:
This would really upset the #Bitcoin maxis's wouldn't it? :) The number's in terms of dollar's per coin start to get ginormous. Assuming a $6 trillion Total Market cap and a peak dominance of 38% by ETH = 2.28 Trillion market cap for Ethereum Divided by the current supply of 120M coins We get a usd value of $19k per coin Is this my prediction ? IDK...
USDT DOMINANCE ANALYSIS USDT.D is descending following a retest below the rising wedge. It's also breaking through the MA 50, with a candle close below it confirming a bearish sentiment. Notably, a bearish USDTD trend often indicates bullish momentum for the broader crypto market due to their inverse relationship. I have tried to bring the best possible results...
USDT DOMINANCE ANALYSIS USDT.D is forming a rising wedge pattern, nearing the support trendline. MACD crossover suggests a potential bearish turn. A sustained wedge breakdown confirms a bearish trend; a bounce suggests consolidation within the pattern. USDTD typically moves inversely to the crypto market. I have tried to bring the best possible results in this...
📣 Hello everyone! I believe that in the next 2-3 years, Ethereum will overtake Bitcoin in market capitalization. This will be a real crypto revolution - Bitcoin will no longer be the dominant cryptocurrency on the market. I expect the long-term correction of WXY to end in the fall of 2024 in the 12.59 - 15.27% zone, after which a long-term uptrend will begin in...
When markets rotate the money has to come from somewhere. Money can move in and out of one sector of the economy into the other, like money moving from industrials into technology or from fiat into precious metals. Money can also move around within a macro system from its constituent sub-systems. In the case of crypto, think we will see the Ethereum ecosystem...
There are signs of the end of the bullish trend in the Bitcoin Dominance Index We convert a lot of bitcoins to some altcoins We bought Ethereum ETHUSDT on the low - but the possibility of Ethereum becoming more bullish than Bitcoin is increasing What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI,...
A comparison of the position of the chart when Bitcoin rises in 2021 and the extent of the impact of the acquisition on the market when it falls after the rise to the same current price areas of 43k. While thinking, I received an alert notification from Trading View with news that intersects with the current thinking News About at tradingview and it is...
I am of the bias USDT.D will nuke all the way till EOY 2024. This means stablecoins leaving the market and in theory going into BTC & Altcoins
HBAR's market dominance looks like it wants to move towards 0.9 -> 1%. This would be a pretty massive increase in its position in the crypto total market. Weekly dominance has held around the same levels for quite some time now, with a previous breakout that moved back down to support. It has since broken out a 2nd time. RSI and MACD indicated this...
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...
As you can see in the chart BTC Dominance above the important Resistance Zone that we have been talking about. This is why your precious Altcoins are bleeding. BTC and ETH are still doing relatively well in the grand scheme of things. Remember, when BTC dominance is high you buy alts, what comes up must come down. Before every major alt season BTC dominance had...
This chart shows the total Crypto Market Cap, includes every coin on the market. The Fib levels are drawn from the Covid Crash to the ultimate November Top. Upon the bearmarket retrace we bounced of teh 0.786 support zone to reach current resistance at 0.618. There is a clear uptrend forming, now this is nothing to trade with imo, just important to note that...
As mentioned in the related idea: BTC Dominance broke out and this is the main reason your alts are bleeding. Buy alts when dominance is high and sell them when dominance is low. BTC and ETH dominance both might be breaking out to test 52-57% and 22-25% respectively. Personally i dont think BTC dominance will rise much higher than 52% unlike ETH that might...
Hello, welcome to this usdt.dominance update by CRYPTO SANDERS. CHART ANALYSIS;-USDT.DOMINANCE It got rejected by the horizontal resistance of the rectangular channel. Currently, it is forming above the mid-range, where the MA 100 is also acting as a support. Now it will break the mid-range from here or after retesting the Ichimoku cloud, and this will be a...
I warned you to be careful for all alts. I told you dump is coming for all alts around %20 and it happened. Check my profile. Then I told u there is a coin I will share it with you. :) But not now. There is a coin which is going to make between 5x-7x on 40 days :) I will announce it. Very soon... Keep waiting. Movement is gonna start it is very very soon.
You should be careful for all alts!!! There should be huge dump for all alts. LİKE 20%-25%. I have an idea which coin is gonna be number 1 after dump. But I will not announce it for now :) Just be careful for all alts!! The reaason of I am announcing the graphic of ETH.D is money should go to bitcoin therefore I am explaining it on that graph. The money that is...
As BTC is ripping , altcoins are getting destroyed. This is mainly because people are switching their altcoins into bitcoins in order to preserve their bitcoins. Bitcoin just went 70%+ in 1 week and destroyed altcoins there leaving them behind . Above, i have provided possible targets to where altcoins can start bouncing.