We can see that BTC.D (Bitcoin Dominance) managed to break and close above EMA300 (grey line).
We have higher highs and higher lows since mid-January...
The RSI is strong.
All these 3 are bullish signals.
This is not financial advice.
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Namaste.
Hello, community members welcome to this BTC.D 1hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we see in the above-mentioned chart that BTC.D broke above this parallel Chanel pattern and retested well now...
Bitcoin Dominance
In Daily TF BTC.D is at resistance trendline.
In case it break above, we will see another market dump.
In case resistance is strong, BTC.D will fall and the market will PUMP!
We are in a critical point here, stay away from huge investments.
Always manage your risk!
Bitcoin dominance broke above the high 45.17% after bouncing off the 5h demand at 44.6%. I am now expecting it to retest the 8h breaker zone before moving up again and break through the 4h breaker zone.
#Altseason ..?
#Dominance BreakDown + Retest = ✅
So I am Expecting #Bitcoin Dominance hit 43% Support Level.
which is Good For #Altcoins Pump.
Danger zone= Above 45% is Dangerous for Altcoins.
Trade with the Chart.
I recommended Trade in altcoins if below 45% zone.
Above is very risky for Altcoins.
Stay safe.
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Thank you
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Hello, dear traders welcome you to this BTC.DOMINANCE 1hr chart analysis.
Dominance is getting rejection by the resistance. The reason we see some green in many Alts...
#BTC Dominance getting rejection from the resistance. Reason we are seeing some green in many Alts across the market.
ALT/BTC Pairs are likely to continue the rally unless broken upside.
The trend for alts look strong for now but keep in mind this will only stay this way as long as BTC holds the $28k level. That is the key level we need to keep an eye on.
Make...
On the above 10-day chart Bitcoin dominance is plotted over the last 4 years. Could talk about this chart for hours. Sparing you from that, here’s the highlights:
1) The Elliot impulse wave and following corrective wave from 2018 to present day. BTC.D is now starting a new impulse wave.
2) The falling wedge + breakout. The flagpole extension measures a target...
Massive head and shoulders formation on the 3W chart of TOTAL2 #CRYPTOCAP (orange line):
The candle stick chart represents the Altcoin dominance which is currently breaking through the upward-sloping trendline (red support line).
#Altcoin EXIT opportunity at pullback to the neckline (violet neckline of SHS pattern).
If the TOTAL2 CRYPTOCAP can get above the...
The Bitcoin Dominance has steadily been rising since bottoming out in January earlier this year. Since then, Bitcoin has been trading sideways or bearish, which has strongly diminished investor's appetite for riskier alt-coins. This has, in turn, lead to more money being poured into BTC, resulting in a rising Bitcoin Dominance chart.
A rising BTC dominance is a...
#Bitcoin Dominance Chart:
Don't hold #Altcoins above 45% Level.
- If Dominnace Hold above 45% Then Best to Exit form #Alts
- No Doube Below 45% is good for #Altseason
- Next Level To enter in Altcoin is 50% Level
So First Watch And after Enter in Any Trade.
In this post, I'll be explaining a simple approach to the cryptocurrency market, and how you can refer to the Bitcoin Dominance Chart (BTC.D) to maximize profits.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at...
Hi my friends
It is a Daily time frame chart of BTC dominance and it shows us
a perfect Complete Wave Cycle that has been played precisely.
Trend now is in a leg E of a Triangle, Elliott Wave 4, that probably has been
finished and we are going to start bearish Wave 5. If it predictably happens
we can expect a bullish movement for BTC and then a pump for...
📈Bitcoin's dominance has grown to 45%, while most altcoins have fallen by 75-90% from their ATH. One Luna🌔 lost $18 billion in capitalization. Why do we need this dominance and how it helps to increase the win rate? I'll explain it in this idea.
💼What is dominance? Bitcoin dominance is the ratio of the capitalization of the major cryptocurrency ( BTC ) to the...
Now that we can see BTC is potentially re-entering a bull market, I really want to assess the dominance to understand what its performance could be like compared to the alt space. As you can see, BTC dominance has entered what appears to be a HUGE trading range, with the topside resistance around 74% dominance, and the bottom support around 40% dominance. What we...
