Dominance currencies will face a sharp and rapid decline in the coming period, and it will be the last to build a bottom on which to base the rise that follows for a long period. Clarification: Currency Dominance is an indicator that shows the percentage of currencies’ acquisition of liquidity in the crypto market and indicates the rise or fall of currencies as a...
The Others/Altcoins dominance is showing weekly divergencies.
if this plays out alt should rise in value against BTC.
Altcoins being suffering a lot... With dominance could to have massive drop... Here we go. Be careful.
On this time frame Others.D retraced to an important support level. This forecast is a "long-term" prediction, ALTs accumulation period If this chart starts to reverse this month, according to "plan" We can anticipate the beginning of the big-alts-bull-market >FEB 2024
Here' s the altcoins excluding eth, market cap. It looks very bearish. Not financial advice.
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.
This makes me very happy! It's a good sign for alts vs Bitcoin! They might start outperforming BTC finally!
RSI and MACD have been diverging from price. Expecting a correction to at least ~11%
✅ 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...
Monthly Chart showing Alts season wiil start in 3Q of 2023
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 ...
Altcoin Dominance Bouncing of a perfect touch on the 718 fib. Still a lot of time to load up on Alts. BTC dominance High, BUY ALTS
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...