Good afternoon, Anon, Seeking a comprehensive breakdown of the Russel2000? Allow me to elucidate for you. --- The Russell 2000 is presently entrenched in a quintessential Wyckoff accumulation phase: Dubbed - The Wyckoff Accumulation Schematic #1. --- Who is Wyckoff, and why is he of significance? Well, Wyckoff reigns as the vanquisher of bears, as...
According to this analysis, the dominance of other digital currencies is decreasing. This means increasing the dominance of Bitcoin on the market. If the future events are based on this scenario, it is expected that the dominance of others will decrease to about 9% and from there the alt party will start and the dominance of others will increase to the range of...
As you can see, after breaking the trend line, the market will become bearish. which may be a fall or a correction but we will have a strong resistance at 11.26
OTHERS chart shows us the Total Crypto Market Cap MINUS the top 10 Crypto and here we can easily See that this is where the majority of the gains have been made , with 87 % gains compared to Bitcoins 53%. As a result, PA is climbing back over the EMA's, which when used correctly, can tell you some important things about Trends. BUT things to watch ere are, Is PA...
As shown in the figure. Altcoins will have a correction if the ceiling of the channel is broken
📌 10 @TradingView Crypto Indices You Should Know! Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. And I want to start by thanking @TradingView for putting these indices together - making our life easier. A couple of days ago, TradingView posted a tweet (attached on the chart) highlighting these 10 Crypto Indices. So I...
Others dominance graph has been working very well since 2019. Red declining line has been confirmed 2 times (2021 summer+mid2022). But this time, after the ftx issue, it seems to be broken down. After a possible confirmation, it's likely to go down to the possible return point of 7.66%. Additionally, it seems that we have a HS pattern formed (but not confirmed...
Check back of down channel break Where do we go? The August high was a major resistance test and understandable point of inflection. going forward overcoming this level , in my mind would signal Crypto Spring. i.e Winter over! But Spring is not summer... pullbacks and tests of key levels will still occur.
There are promising sings of a recovery in Crypto markets. The black line coming from 3T is our main resistance. There are 2 scenarios: #n1 Blue line means BTC = $48K --- #n2 Purple line means BTC $27K. We currently have a good MACD and RSI. The pink line resistance of RSI comes from early 2021. If we succeed in breaking that, scenario #n1 will happen, otherwise...
OTHERS.D rose from a solid 1% in 2016 to 12% in 2022, while ETH.D only rose from 8% to 19% and BTC.D declined from 96% to 41%. Therefore, we can clearly see the imminent growth potential of OTHERS.D vs ETH.D & BTC.D.
It is a possible long-term scenario for Altcoins. As we know, Crypto is made to enhance decentralization. Concerning the fact that when Bitcoin retraces, almost 99% of Altcoins follow it does not confirm its goals. Many of the Cryptos had completely different plans when Bitcoin started its winter. Unfortunately, some of them went bankrupt, some struggling, some...
This is what I could conclude from its chart. It may raise.
As the crypto hype ramps up in the rest of the decade the market share of newer projects increases.
OTHERS MCAP is forming a large channel flag formation While it is in its current bear state a lot of small alt coins will suffer This bear state is accompanied by its partner bullish wedge Plotted price action is just assumptions being made
HEY crypto community, what's going on today ❓❕‼️😉 since Jul 21 ,that I posted last update for BITCOIN dominance , OTHERS dominance and TETHER dominance , as I expected ,these indices has been slightly continuing previous trends ! Also as I told you guys , while the dominance of both BTC and tether decreased But others.d increased and at same time we an...
HEY traders, what's going on today ❓❕‼️😉 since previous analysis that I posted for OTHERS dominance ,some interesting events have happened in the crypto market . 🔻📉BTC.D has declined ~ -10% ( from 49%-43%) 🔻📉USDT.D has declined ~ -30% ( from 9.5%-6.5%) 💹📈OTHERS.D has raised ~ +20% ( from 11%-13.5% ) while the dominance of both BTC and tether decreased ...
The Altcoins index (OTHERS) is coming out of low and getting ready to grow... Altcoins season? We see a 100% rise incoming within the next 6-8 weeks. This fact can push the altcoins 2-5x higher... We are talking about the Altcoins vs Bitcoin (ALTSBTC) and Altcoins vs Tether (ALTSUSDT) trading pairs. It will be a nice wave. Think back to March 2022. Namaste.