Greetings, Bitcoin Dominance is a crucial chart to consider when trading cryptocurrency. BTC.D can help you determine if trading altcoins is a stronger trend than trading Bitcoin. The chart above shows that BTC.D is currently on the rise heading towards 48.75%, the bottom area i've drawn with in the chart shows 39.70% as the lowest point of BTC.D. These lines...
Greetings, EOSUSDT is looking like a great value purchase, it's consolidating like everything other altcoin at present. Whilst BTC is acting indecisively by bouncing between 28-32k range we are not expecting much from any altcoin. However if this changes and BTC break above 32k, we will expect to see a 70-100% spike in EOSUSDT price action. If you are leverage...
Greetings, USDT Dominance currently sitting at 6.10%, reaching levels it has not seen before which is further bad news for Cryptocurrencies. I spoke yesterday about 5.40% being its high point and we may be able to see some relief here and a potential reversal, well I was wrong, it smashed through yesterdays levels and does NOT look like stopping any time soon....
Greetings, For now it looks as though the party is over and Crypto may be looking into the eyes of it's winter. Every 4 years Bitcoins halving tends to create excitement and kicks off crypto's "bull run". What is a Bitcoin Halving? Simply put, a Bitcoin halving is the process of halving the rewards of mining Bitcoin after each set of 210,000 blocks is mined. By...
Greetings, We're looking at BTC on a 4HR time frame, for now it's showing more signs of a bearish future. Significant daily closes below the yellow trend line is my main indicator for this. Right now we've had a few days in the red so we can expect to find some support between 38/39 K. BTC 1D Chart This is showing...
Greetings, It's been an interesting 10-14 day period for world markets and cryptocurrencies . BTC will be changing price range very soon (5-15 days), we don't have enough information to be able to confidently predict the future, just yet ;). Bitcoin was rejected around $48,250 and has found support at $42,000, still finding the $45,000 area a resistance zone....
Greetings, Today we're looking at Bitcoin price action and it's 1D candle close. The past 2 days both daily closes have been in the red, that may show a sign of things to come. Yesterday we can see a Bearish Inverted Hammer & Today's candle, which has just closed is a bearish candle. I'm looking for tomorrow's daily candle to close above $44,400 to stay in...
Greetings, USDT.D is an extremely important ticker on TradingView. Tether plays an important role in the cryptocurrency markets and shows whether the market is in a stable position. USDT Dominance is the ratio between the market capitalization of USDT to the total market cap of the entire cryptocurrency market. The majority of traders focus on BTC.D , both...
Greetings, Today we're looking FTM. Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. During May 2021 whilst all alts were booming, FTM went from 15c to 94c, then went back to 15c. In the short term i'm keeping a close eye on the upwards parallel channel that it is...
Greetings, Congratulations if you followed Waves. I first posted about Waves around $17 and thought there was potential on 100%, it reached well over 200%, as it's gone on to new All Time Highs! I also mention that Waves typically reacts first when an alt cycle is about to happen. Looking back at the article, I find myself reflecting and thinking on this...
Greetings, Today we're looking at SIA coin (SC) - Instead of looking at SCUSDT , We're looking at the SCBTC pair. “Trading pairs” or “cryptocurrency pairs” are assets that can be traded for each other on an exchange. I especially like trading against BTC, a few examples; ETHBTC, SCBTC, EOSBTC. Using both BTC & USDT pairs against what ever your trading is...
Greetings, What is total2? TOTAL2 shows total market capitalization of the top-125 cryptocurrencies, excluding Bitcoin. Both total & total2 are extremely important tickers on TradingView to use as analysis tools and general understanding supply and demand within the markets. Another chart I like to use it when assessing TOTAL & TOTAL2 is the 1YR HODL chart....
Greetings, As we said last week, bitcoin would track sideways and then move up finding its new range. Which is exactly what has happened. BTC found its new range between $44,000 & $49,000. Right now Bitcoin is on a complete roll and looks like it can higher in the short term. When BTC becomes parabolic, there is really nothing that can stop it (there is always...
Greetings, Today we're looking at ALGO/USD - Algorand is a decentralized blockchain-based network that supports a wide range of applications. Algorand purpose is to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blocks. It's design focus is lower transaction fees, as well as no mining...
Greetings, Today, we're focusing on the correlation between the NASDAQ:NDX & the cryptocurrency markets in particular BTC & ETH . Although I predominantly invest and trade cryptocurrencies, we also use other markets & indices to do analysis. BTC and ETH tend to move in tandem with the NASDAQ. Although we like to look at long term trends, we're looking at a...
Greetings, Today we're looking at XRP aka Ripple a blockchain-based digital payment network and protocol that acts as both a cryptocurrency for a network of financial transactions. SIMILAR to the SWIFT system for international money transfers, which is used by banks and financial middlemen dealing across currencies. With the above being said - XRP would have to...
Greetings, Congratulations 🌈🌈 if you followed WAVES from 14 days ago. You would have made 100% profit We're looking at Waves to potentially reach our next Target of $41.62 - if this target is reached we will be well within the 150% profit range. We're using the RSI, MACD, EMAs & MAs to do our analytics - but we're also keeping a very close eye on TOTAL,...
Greetings, 🚀 BTC JETS ARE WARMING 🚀 , we are primed to move UP to next price range! As we spoke about last week, bitcoin tracked sideways, and now is preparing to bounce up to next price range, expect it to find support around $45,600. On the 4H time frame we can see some potential bearish action in the MACD lined crossing over each other, however on the 1H...