Note the correlation between BTC dominance and ALT total market cap over the past 45 days or so look awfully similar to the period between October and November of 2017. Could this be a signal that the alt coin market is about to breakout?
Hi Everyone, Look at this big triangle. I think the big triangle is very strong. Right now btc dominance: 61.55 According to this tecnique, Btc dominans wont cross up 62.50 ratio level. Btc Dominance must fall in 1-2 week for balance. What must be happen for falling and How Altcoin Time Come? Btc must fall with big amount, provided that btc is above the Week...
This chart explains the possible scenarios for BTC and ALTs. When dominance increases this mean it will better to stay in BTC as ALTs will bleed. while dominance decreases it will better for ALTs or stay in TUSD. Bullish shark or ABCD. Targets are on charts. i expect shark pattern is in place. Strong move for the ALTs is very near.
Still watching this very important chart. It has now hit the 62 level I previously mentioned. Could have a breather here. Next potential resistance area above is 66. A break below 57-58 would be a more significant sign of a trend change and could be the signal that alt season is upon us. Until this chart reverses trend, playing in alts and trying to catch the...
We have all watched Bitcoin rocket and Alts deteriorate. Alts have been dropping not just against BTC but USD also. Many have hit new All Time Lows, with very little bounce. We all know that there are way too many "me-too" coins. Sure some of them are great Concepts with good Teams. But are there really 1000's of ways to use the Blockchain? We also know the...
BTC has over 60% of the market cap of all crypto currenicies combined. That's a huge predictor of the incoming alt season. Since positions on coinmaketcap are still being established, it's hard to predict in which currenices the flow btc will go. There are numerous interesting projects. Probably this time as well, the projects with the best marketing will get...
I am seeing a fractal repeating. The time frame may not be as what I indicated. I wonder ....
i got liquidated from my last call but dont worry followers. this one will be right!! i pro mice
#Bitcoin dominance at a major resistance ,we might see some corrections for #Altcoins at these days unless we break the top
I expect altcoins to grow in the coming weeks, because if the total market cap keeps the same, more money will flow into altcoins. The bitcoin dominance has no pattern to fulfill anymore, so it is very likely it goes into an correction.
So far in weekly chart it's looking very bullish.. price action above Parabolic Sar dot indicate a bullish trend is in progress if it's break 62% expect a 68% become a next resistance. On Daily Chart it's looking bullish though the parabolic sar dot is closing in the candle in a tight range + it's in a resistance area 62 %. a huge risk to trend shifting...
AS you it is is btc dominance and it is not have any resistance till 68% so we will see more upside in btc and more downside in alts. but as soon as it touch fib. levels then the alts starting to move and this time alts going crazy. guys fill your beg with alts and set a bid of -10% of current price for buying
$ALT Season in the making? - Just watch Bitcoin dominance Bitcoin dominance dropped 10% to 14% during the monster altcoin runs in 2018 My strategy for buying altcoins is to watch the charts for BTC dominance % to pullback An alt rally could push BTC % back down near 50%+/-