Get started

Altcoinseason

BTC DOMINANCE is bouncing, Bad news for Altcoins!Hi there, Bitcoin Dominance is bouncing and this is not good for Altcoins at all. BTC.D was moving in a downtrend channel for about 50 days and I expect to see a breakout of that. What will happen? In the best case when BTC.D is going up if Bitcoin goes up too, Altcoins will fall with a low slope. In the worst case when BTC.D is going up if Bitcoin goes down, Altcoins will fall rapidly. So In my idea this is a bad time to be with Altcoins, Also Altcoins growth a lot in the past 50 days and these prices are not proper to buy for next leg up. Be carful with your trading and investing. Your Likes and comments are the best Thank you.
CRYPTOCAP:BTC.DLong
by TahaZargar
5
BTC/USD (Daily Fib .382 Acting Support)💎Technical Analysis Summary💎 BTC/USD -Bitcoin today's price action is still respecting the Fib .382 support area -The 50D Moving Average again acting as a dynamic support range -The bulls need to act fast and regain above 46k level to bring back momentum -If we want to see any signs of strength, the faster the 46k is regained the better -At least 2-3 daily candles above 46k level is a good sign for the short term -Regarding the Altcoin space, some are recovering fast but most are stagnant -There is no clear path for Bitcoin as of the moment -Please be cautious and use a proper stop loss if you are in a trade -Because if things go against you, you will only encounter a small loss -Good luck traders and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
8
BTC Dominance (Another Mini Altseason?)💎Technical Analysis Summary💎 BTC.Dominance -The BTC Dominance chart level has reached my previous target -The Dominance 41 level is the support last June 7 before a run-up -The price is reacting to this area but not enough data to back up for a reversal -If the BTC Dominance level holds this area for a few days -Then expect a potential bounce up to 42-43 levels -And on the other side, a fail below this support will lead to testing the 40 level -Definitely, I want to see BTC Dominance drop to a lower low -Because the Altcoins will perform stronger in the coming days or weeks -But still, be cautious and only trade those coins have strong momentums -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
CRYPTOCAP:BTC.D
by PolarHusk
37
Bitcoin Dominance (Potential Altcoin Season?)💎Technical Analysis Summary💎 Bitcoin Dominance -We can see the BTC Dominance level is respecting the EMA19 -The Dominance level 45 is previously supported now acting as resistance -This consolidation below support is potentially a bearish pattern -If the last support at level 43.50 breaks and closed lower -The bear flag pattern will be confirmed -I'll be expecting another run for the altcoins space -The month of September would be interesting -The next potential support level is somewhere 42-41 -Be ready and when the oppurtunity presents itself -Make sure you have a trading plan to trigger the buy button -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
CRYPTOCAP:BTC.D
by PolarHusk
9
BTC/USD (EMA19 Acted Support Again?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMA19 as the price is bouncing up -We can see a descending bullish pattern -The only confirmation for this is an upside breakout -Many altcoins are now recovering from their recent pullbacks -If BTC will remain stable until the weekend -Things will be looking good for the crypto space -Good luck everyone and make sure to trade those strong coins ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
8
BTC/USD (Consolidation Before New Move?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin is respecting these two EMAs for the 3rd time -That is good because it is acting as a short term support -But the bad side is this support gets weaker over time -And a new resistance is confirmed around 48k dollars -This can be a potential double top if support 45.5k is broken -Take note BTC has moved up to 64% since July 20 -If BTC can hold above 48k, chances to go higher increases -But if 45k dollar support failed, expect the next key area at 42k dollars -For the altcoin side, the BTC Dominance keep declining -This results in the strong performance of the altcoin overall -But be careful because once the Dominance level bounces up -Altcoins will be affected especially if BTC corrects lower -Good luck everyone and stay safe ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
9
BTC Dominance Level 📉👇 (Good for the Altcoins?)💎Technical Analysis Summary💎 BTC.D -The Bitcoin Dominance started moving lower after a bearish retest -The mid-term trendline support is finally broken downwards -The price is now creating a lower low followed by a lower high -If this decrease in value for BTC Dominance continues -The next possible support for a bounce is at 44 level -For now, we can see strong altcoins performing pretty well -I'm expecting at least 5 days good green days for the altcoins -But that all depends if Bitcoin can hold above 44k dollars -Please only trade those coins with a good risk:reward ratio -Do not blindly buy any coins without looking at the risk potentials -Good luck everyone and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
CRYPTOCAP:BTC.D
by PolarHusk
10
LINK 5X INCOMING!Elliot waves; 1. 5 impulse waves done. 2. 3 Corrective wave, making wave B a bulltrap and creating a new ATH (2021May). 3. For trading strategy, I expect there will be a small correction in October to create a higher low(smart money entrance) before straight to the moon. Fib extension: 1. Third impulse wave ATH 2020 = Fib 4.6 2. Bull trap wave B touching upper channel creating ATH 2021 = Fib 2.6 3. Next impulse wave Fib 2.6 intersect with upper channel will be a good TP at ($130) early 2022?. MACD shows momentum strongly increased waiting for the ignition of fuel in a rocket propulsion to smashing the atmospheres. LINK BULL RUN $130 IS BEARISH? I wanna see what do you think in a comment below. Happy trading!
by vanperso
6