Ethereum Dominance ETH.D - Explosive move! + Ascending Triangle- The chart is printing a bullish consolidation pattern (rectangle, triangle).
- The Ethereum dominance should reach 27% in next weeks.
- Be sure to hold some ethereum as we are still very early!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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- You really do not want to miss this opportunity!
ETH.D trade ideas
When ALT Session Came's ?Hi
we must see what going to happen
i think its can to be
first up to 25 and than going down to 13 and its came's from the As session scenario
first BTC going up and make BTC.D Bluish
second BTC going slow and become rang
third ETH gong up and make ETH.D Bluish
fourth ETH going slow and become rang
fifth alt gong up crazy
sixth other alts going up crazier
$ETH Dominance ATMAs you can see, this is going in opposite direction to that of BTC
Currently resting on top of that old resistance that is looking like a support if it doesn't break further down. The RSI is tilting towards oversold so i think it will dip a little before bounce. Dip will prolly coincide with btc breakout...
ETH.D cooling off, ready for another rip soon?Oscillators are hopefully just re-setting ready for another rip up. Weekly candles have extended into upper channel and slowed, break out to the up side would reinforce ETH flippening for me... For future bull runs that is! - Historically, BTC.D continues to drop, wile ETH.D gains POWER.
Not sure how much more juice this bull run has got?
What will it take to send it all to new ATH's?
Are big 'no-coiner' players waiting for regulations to be set, before APEing in?
Thoughts...
Opposites Attract (BTC.D, ETH.D)Using this indicator we can view the "alligator" eating bearishly, heavily, on BTC.D which is a sign that more people are moving to ETH
We can also see the direct effect on ETH.D with the alligator indicator eating bullishly
These are monthly timeframes
In short, it looks bright for Ethereum and altcoins, while dominance for BTC is struggling
I am long ETH
any and all thoughts welcome here regarding ETH.D chartWhat ya all think... Is there a correlation with the eth.d and btc.d _ WEI or eth network traffic_ all tied into the how leveraged or lopsided is the long and short positions. fear n greed indicators when lopsided is the "scene setting" or the narrative to manipulate or trade from ie we need a starting point. so follow me here. markets dropped rite and eth.d put up a bull flag or in btc case last few months btc.d hits 40.% we might see the markets stabilize_ dump_ whatever =_____but once that btc .d breaks from that 40% we see a btc rally then alts while the money pumps thro etherium network into n out of alts. eth goes sideways up as alts go nuts wei spikes retail piles on and boom that was the run to 39k then 44k now here. That btc pump liquidated or REKT almost 900 billion in over leveraged traders (interesting that glassnode data shoed A LOT of newer wallets.) fear n greed was in full fear. wei was flat like 20wei n some days 10wei (ME n many small fish used this op to get smaller positions out of older pools etc _smart contracts that use lots of gas to get in n out) when the pump started we saw eth network spike harder n faster then ive ever scene b4. 400 like nothing then 600 then retail got in n we went to 700 plus. since then we see sudden wei spikes into the 900s plus then a cool off or steady stream of 100 plus wei traffic (funds taking profits as quite as possible n the spike is the open butt naked pump)
what this ramble is about comes down to 2 things.
BIG MONEY is playing around on uniswap sushiswap 1inch L2 dexs u name it n super deep into defi esp lending etc. that is a fact. whatever there game whatever the theory just keep this in mind. this is a new type of very smart very organized group of killer wales out for blood.
2nd is there is crazy correlation in this market. many many data points. its overwhelming try n tune out the bs the noise and pick patterns that make sense to you n build your style and strategy from there.
there is manipulation but weather shake out or not same place in the end. the race is on the games r just getn started so just be ready to move fast and never be skeeerd to take dem profits.... trade on ya all n be safe-ish out there
PS when in doubt just zoom out... that or just buy da dip ETHHHHHH n then BTC and take a 10 year nap _HGMout YA all love ya humans and all life forms out there that even give a bit of a d@m
timeforcrypto.com
bitcoinik.com
General crypto Market info_
coinpare.io coinmarketcap.com www.coingecko.com
news aggregator/crypto news feed n more_
cryptopanic.com
all things crypto market announcements etc calendar_
coinmarketcal.com
wallet tracker_
app.zerion.io
Eth wei_gas tracker_
txstreet.com
dex’s we use:
app.1inch.io
uniswap.org
zks.app
You see the lie?While btc.d is going down eth.d is going high
If eth.d is going high like a bit fast to break a resistance not to touch a support then that's what i expect else btc falls hard and other harder so btc.d might go up and eth.d touching support unless eth can naturally rise its eth.d or btc going high without alts going much high then starting to go down ... , the key is to know the distance of my two scenario on this chart and the other one (btc.d) otherwise it doesn't matter so much, see all as one in a measured way
this is a relative analysis and a volatile move might be on the way as i expect a pennant on btc since ta is mixed on 45500_46500, both are obvious probable and i loose my nerves in such a prices like calling people pieces of S**, i kinda noticed there is a bearish trend on my kvo ...
Yet i tend to remain bullish
Stop is on this chart as it's deciding about characteristics of our market, unfortunately ethbtc was inside a bearish pattern wherein decided to touch 78 fib level (bad start point for me to join on time) and to F people and that's why i ignored bullish potential on eth.d, this is a reversed pattern 🤦.. Damn this was a bad tricky move against me, keep calm and let it accomplish the fighting pattern on btc
Bitcoin potentially range boundETC.D is barely ever mentioned. Its interesting where we currently are in comparison to the last time before ETC.D capitulated and finally allowed Bitcoin to move on albeit slowly away from 45k BTC . That is not to say the same thing will happen but copying the fractal of that time period and watching how close it behaves in comparison is interesting - not least because many have called for a slow crawl of Bitcoin over a period of many months rather than an explosive candle to 100k. Lets see how it works out.