OTHER.D reached the weekly FVG which was mentioned before..if Weekly FVG acted as support then upside targets are mentioned in previous analysis but if rejection took place then Altcoins will bleed from here
Altcoin dominance reaches the target of a monthly head and shoulders, bounces off a years trendline, and breaks out of a falling wedge.
Might be a massive pump.
Amateur opinion and not financial advice
Other.D
For now we have FVG at 11.18% and if weekly candles closes above 11.30% then next target will be 12.26% which means Altcoins will have a huge pump.
*10.38% level should act as support to make this analysis valid.
✅ Dominance of other altcoins is suffering in an important range and is located exactly below its medium-term downward trend line and 10% resistance.
Breaking the downward trend line and 10% resistance will lead to growth up to the levels of 11.6 and 12.3, which will lead to significant growth of altcoins.
The upcoming support of Dominance Altcoins is 9.55 and 9.2.
This might be the most important TA I did for this year.
I firmly believe that altcoins have been consistently undervalued in comparison to BINANCE:BTCUSDT and $BINANCE:ETHUSDT. As evidenced by the recent data from early June, altcoin dominance plummeted to ~8%, finding support at the bottom of a falling wedge pattern. At that time, I identified it as an...
Here's a look at CRYPTOCAP:OTHERS.D or Altcoin Dominance vs. itself, but without CRYPTOCAP:USDT.D and CRYPTOCAP:USDC.D
When removing the calculation of stablecoins dominance from the picture, the pattern looks less like a downtrend and more like a potential bottom that may soon reverse.
Most are not expecting this with the present rise of ...
Hello TradingView Family / Fellow Traders. This is Tony, also known as Cryptony
others dominance = altscoins dominance
start buying alts their time are coming
ETH , LINK , QNT , MATIC .
This monthly dominance chart shows that we're at a historical support line that has held since the inception of alts beginning to take over the market back in 2014. This shows a clear sign the market is beginning to develop an appetite for risk moving into the end of the year, and will likely dramatically increase in 2024.
I don't belive this will happen...
Others Dominance 1w
Exclude top10 coin in the market.
Now Btc dom. is %50. In my opinion its on the top and it will downfall
Others dom will be in a up-trend ↗↗↗
Also you should check major altcoin's dominances and alt/btc
The altcoin market cap dominance with its designated OTHERS.D ticker is rebounding after reaching the bottom of the Channel Up pattern that began on the December 2015 market bottom. A Falling Wedge was the pattern that drove it to the Channel's bottom as it did in August 2019. Following the rise at that time, a 1W Death Cross was formed over the Falling Wedge and...
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...
Updated altcoin.dominance chart.
Exponetial uptrend for altcoins!
This chart is indicating by July, we should see a alt season of Somesort based off previous performance. this is going off monthly candle's but i would expect some kind of recovery before then, as it seems we have reached a potential bottoming point!
exciting times for altcoins, a long awaited...
altta 0.70 .080 aralığı önemli alım yeri olarak karşımıza çıkacaktır haftalık görünümde herzaman bir trend desteğinde boğa başlamış bakalım yine olacakmı
