BTC Dominance Analysis - 57% Key LevelSome light analysis on BTC Dominance chart. 57% is a key level as it is an established support line. If BTC Dominance breaks below this support line, we should expect to see a rise in altcoin prices as the profits from selling BTC are used to buy altcoins. If BTC Dominance bounces off the support line, we should expect a continued rise in BTC prices and possible pullbacks from altcoin prices.
Altseason2021
Will the Crypto Craze continue? Check yourself!Note: I am short here for DXY, which means LONG for the whole crypto space!
The DXY stays 2 days in a row under the 51EMA - just look at those wigs ;) That is a good indicator that DXY is on a downward path. Which means, the crypto party is going to continue. This has to be viewed together with the entire alt-coin market cap (which is continuing riding up 4 days in a row). As well as the Bitcoin dominance chart, which looks very promising for alts too!
In a nutshell: We are all going to make it. Pick up good projects, check my chart and load your bags with alts!
Abeamus!
BTC.D Bitcoin Dominance Head and ShoulderceptionI have shared with you the H&S Pattern on 4h frame, but it has also been formed in the one hour chart, if you look at it closer I've drawn it with purple brush. So there is something which I call " Head and Shoulderception " Head and Shoulder within a Head and Shoulder :), both of them will be activated when dominance levels crosses down 60 psychological support level to trigger sharp altcoin season. BTC has been outperforming alts and actually it has been overbought by now, a bit of correction would lead to massive altseason. Keep watching with your stop losses :)
BTC.D Bitcoin Dominance Possible H&S FormationBTC.D Bitcoin Dominance level is drawing a Head and Shoulders Pattern on daily chart, which could lead to a massive altseason with new ath levels, the trigger might be when the %60 psychological level is breaked out towards levels of 59-58 levels, which in return will make dominance fall sharply, based on my technical analysis, the altseason bullrun will be around 1-2 months from now on. In the bull run, every correction is a possible buying chance, at least this is what I am going to do. And few words for people who are panic selling on every correction, I do not have any license or right to give financial advice but based on my experiences I can say that, panic selling is not good..
ROSE Is About To Go PARABOLIC MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
DO NOT BE LEFT BEHIND Crypto Bull Market Is here right now
Crypto Is Very Bullish right now should move a lot higher
This market has potential parabolic structure
ALTs can Explode A lot HIGHER and ROSE should go parabolic like the other coins
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
DIA/USDT Possible Cup PatternIf you look at the hourly chart you will also see that there is a pennant formation forming, after it's breakout DIA will break the 3 dollars resistance level, after that, if nothing bad happens (like sharp fall in total market cap) I am expecting the cup formation to be active and boost the price to the level of 5 dollars. 2 Possible scenarios are drawn on the chart with purple brush. possible buy locations are - trend line or recent support level, stop loss at 1.5 ATR level. With the help of BTC.D Dominance levels to fall, DIA will reach 5 dollars in my opinion.
BAT: BTC, nice Cup & handle setup +48%Nice to see these patterns playing out lately, wait for the re-test for an entry.
Target: 1616 sat (+48%)
Heaps more setup on the radar, don't miss them ----> Like & Sub
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
Last chance to climb aboard... HBAR:BTCMoonshot...
Broke out and retesting the channel. This seems to be a common pattern at the moment, just before they moon. Lets see if this follows the trend.
Like & Sub for more of these... I'll publish my watch-list with similar plays if there's enough interest?
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
How to make the most from Altseason! explaining the logic Hi guys, here I decided to make a quick short video of my logic on the targets.
Sell on resistance levels, but not all of them!
And re-buy on support level. (There will be always 30-40% drop as mentioned in our spreadsheet)
Remember it is risky to zigzag on alt-season. If you are beginner, it is better for you to just Hold.
We exit altseason: 1st of April 2021. Then hold it into BTC or ETH all the way until July/August 2021.
Minimum hit for altcoins 10x. If you do not get 10x in altseason, never trade crypto.
CHAINLINK JOINS UNITED NATIONSYes LINK is not a scam anymore. I always thought LINK was hyped and troll altcoin which will dump on their moonboyz it had no value but dear god i was wrong. Tell me which crypto that is backed by UNITED NATIONS??? not even daddy bitcoin and mom ethereum. Link can possible be the top 3 altcoin for good. First there was bitcoin the first cryptocurrency then came Ethereum the first dapps/defi...then the first oracle next gen Chainlink.
BUY LINK NOW SUB 100$
DEJAVU BITCOIN 2017 PRICESETHEREUM WILL BREAK FROM BITCOIN AND GO PARABOLIC AND TAKE ALL THE ALTS WITH HER.
although them gains are nothing compared to other major alts like tezos and dot bcash etc. If you ever wanted to hold bitcoin now you can hold eth before 10k and even 40k one day... when they fix those 200 dollars gas prices. KEKW
Ethereum is everything and i daresay everything is build on ethereum it is the china of the crypto. without ETH you never heard of dapps defi and even altcoins.
ONT breakout confirmed on the Daily! ONT just broke out of its accumulation range and could provide bulls with an opportunity to chase from a position of strength in the coming days.
S/R confluence at the Pump Chaser Zone is a high probability area for long entries given the current market state.
Big volume on the breakout today to add strength to the setup.
BTC.D - Bitcoin Dominance returning to previous bottomBitcoin dominance is nearly at a free-fall. Meanwhile TOTAL 2 Marketcap (the total altcoin marketcap without btc) is at its previous all-time high. We may see a very nice rise in altcoins here for some time, especially should BTC Dominance confirm the expected head and shoulders pattern. I think this is likely having exited its channel strongly with a poor attempt at re-testing a re-entry near the bottom of that channel. Though a 2nd re-test is possible.
On the other hand, this may also mean we that are nearing the end of our bull run (within months).
Altseason - 2nd parabolic move coming Just like my first chars stated we have arrived at the predicted cap for alt coins and the BTC dominance is dropping.
What do I expect the next 6 weeks: (this is my thought, not advice)
Alt coin market cap will reach 800+b IMO in a 6-week parabolic move.
The dominance got rejected yesterday against the MA200 on the daily and i still stand by my previous prediction
First total2 cap prediction:
Weekly dominance chart:
This is not financial advice, if you like my charts, click a thumb up
OCEAN breaking out of HTF accumulation range! Simple chart here. HTF accumulation range breakout + retest on rising buy volume.
In this market state this is a very strong opportunity for a long!
BTC road to 52k - phase 1YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Another Altcoin widnow?I imagine if BTC ranges around this daily S/R for an hour or more, we would see another altcoin window. It might last long or short so be catious if you are willing to take a position on such an occasion. Do not get into a trade unless you get several confirmations using candlestick patterns, indicators, price action, support/resistanc etc. before entering a trade.