Just an idea on (BTC.D - some stable coins) I modified the price data on BTC.D to exclude influence from USDT.D and USDC.D, just b/c those make up a sizable proportion of crypto's market cap that isn't of interest when comparing what type of risk (non USD) traders and investors are preferring.
I'm an ALTCOIN holder so I'm biased towards an ALT season. Unfortunately, it does look like the BTC dominance will be breaking out of that downtrend starting early 2021. How high could it go? Yes, usually BTC goes up first, follow by ETH, Big caps and then smaller alts. Let's see if it happens like that again.
If you just look at BTC.D, it includes stablecoins. Obviously when BTC sells off, the stablecoins marketcap increase which impacts BTC.D. In my chart I exclude stablecoins + all the big caps. So it's small altcoins dominance
We've created a double/triple bottom on the small ALTS dominance. In my opinion, small ALTS will start outperforming Bitcoin in the coming weeks, months. WARNING. I am a altcoin bull! I am biased!
Right I just got some time to get around looking into Tether after recent events, and I have to say I have never seen such an uneducated community get fooled by a "Merkle Tree" proof of reserves? ---Problem one--- The Binance CEO states a Merkle Tree is the best way to prove user funds, why does this not work? There is ZERO way's to check if multiple users are...
This is the most reliable and important alts chart you will find in the internet , after altperp ftx alts goes down because of the ftx collapse , in this chart you can see the bear flag pattern , i think that this small alts rally will end and we will reach the bottom of the channel and then , i expect bearking down to the indicated lelel 120-110B for alts market...
Ticker $X.USDT Pros/Cons for a good friend. 1. USDT avoids volatility. See comparison chart below showing the relationship between the S&P500 and USDT. Note that there is not any existent co-efficient between the two. 2. USDT is prone to inflation. USDT is tethered to the US Dollar meaning it will be impacted by inflation. Example, 8.9% YoY. 3. Relationship...
Look at this beautiful chart! Double bottom on small ALTS dominance. Small Altcoins will rocket from here!
For alts , i see the indicated cup and handle pattern , that has a target toward the green zone , but first we need to form that flag (i guess it will be an expanded flat ) you will heard of this as a rally in the media , this would complete the formation of the handle for the whole pattern , if the target would not be reached which is the worst case scenario, i...
i think that this chart is very important , total market cap exclude the stable coins because we can consider them as cash ! , we divide it by the money supply to give as a better look . i think that , if this current level do not hold , (50% retracement ) , the next zone would be the next obviously , the red zone has the 61.8fib level , hosoda target and 2...
after FTX collapsed , altperp ( ftx alts index ) is no longer valid . i made this alts index myself excluding btc and stable coins the chart includes levels and zones to watch for alts/ btc . this chart is very important to observe alts behavior against btc and chase the best opportunities to long/short or invest in ALTS . thank you
after FTX collapsed , altperp ( ftx alts index ) is no longer valid . i made this alts index myself excluding btc ,eth and stable coins ( it will be the same if we add eth ) . the chart includes levels to watch for alts/btc , also a trend and a resistance trend . this chart is very important to observe alts behavior against btc . thank you
in this chat , i included most important zones to DCA ( dollar cost average ) into ALTCOINS . you can split you investment into these 3 zones , the final zone is the maximum where the alts could go ( its not guaranteed that prices would fall into this zone ) . the zones has a big confluence , ( fib levels , pattern targets , hosoda N wave targets , support zones...
as you can see in the chart , a cup and handle pattern is present , and it can lead as to a target of 37-40% correction from todays value 163B) this chart is for alts excluding eth ( its the same thing if we include eth ) . the target is indicated in the green box please remember that TA is not something absolute , its only scenarios this is not a FA . thank you
as you can see in the chart , a cup and handle pattern is present , and it can lead as to a target of 96-98% correction from the ATH . this chart is for alts excluding eth ( its the same thing if we include eth ) . the target is indicated in the green box (80-86% down from todays value 163B) for me this is the worst scenario that can happen for alts , what...
alts has been consolidating for a long period of time now , the market is boring , i think its time for some volatility , BVOL in support , FOMC this week , and we are in December . i have indicated the zone that the alts would probably target if the decide to go to down/up side , this is not a FA . thank you
accumulation, and anticipating a breakout in USDT... Also the RSI is in a Descending Triangle Pattern w/ the AD pending upward movement through it, which will confirm New Money (smart money) buying...
ℹ️ This is the total market capitalization of cryptocurrencies, excluding major stable coins (USDT, USDC, BUSD, DAI, GUSD, PAX, SUSD, USDK, EURS). 🟢The chart indicates a possible bear trap. However, to be confirmed, the index needs to break through the resistance shown in the blue region above to have an upward confirmation. If that happens, the LS Volatility...