Bitcoin-dominance
$Btc.d $alts Descending Broadening Wedge Are alts due for a big run to the upside?
What are your thoughts?
This chart prediction is an opinion and not financial advice and I am not a financial advisor. Do I even have to say this?
BTC.D - When BTC Dominance falls. Alts will run!Always keep an eye on BTC Dominance for playing alts!
Looks like we might get another week of alt play before everyone loads back into BTC to secure profits and stack more satoshis.
Play the market.
Become a hero of your story.
Not financial advise.
Bitcoin Dominance Chart Rejection.... Alt Season?Major Trend currently showing a rejection of the Bitcoin Dominance. If 1D candles close below this trend line I will assume a rejection is underway and prepare for a major Alt Season! Indicators look soft as well.
XRP UFT MATIC on my radar. Check out the coins on PayPal ETH, LTC and BCHabc could do really well, not financial advice.
#BTCD #BITCOINDOMINANCE #BTC.D #BITCOIN #DOMINANCEIn daily TF that RSI indicator is showing much more downside. For alts the best is if we can close Bearish Candle in this week below the Resistance Trendline.
A short look on Bitcoin Dominance Hello Traders
As you can see in the chart above. BTC Dominance has rejected on 0.618 Fibonacci level. On the other hand, there is a huge bearish RSI divergence on the weekly timeframe. So as I said in a previous analysis on BITCOIN, I expect both Dominance and bitcoin to fall.
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BTC dominance TA: Altseason is closeThe sentiment in the crypto market is that many altcoins are dying and liquidity is flowing into bitcoin. Now is a great time to switch from bitcoin to altcoins. The bitcoin dominance chart is facing great resistance. At 5 moments in the graph, this level was held as support or resistance. The trend line of a rising bitcoin dominance is common in a bear market. However, we are now in a bull market and have broken this rising trend line. I do not expect a retest of the trendline but a rejection of approximately 63.5 dominance and heading down towards the 0.618 Feb retracement in the macro trend. The rising wedge on the rsi also indicates a reversal and has also encountered resistance. The bitcoin dominance also forms a head and shoulders pattern which is a reversal pattern to the downside. Bitcoin takes time to consolidate after a time of fierce price action before it has the strength to break 13880.
Bitcoin Dominance: Bearish Confluence @coinselorThere is a strong confluence of a yearly trend line and a yearly support level that will most likely behave as resistance now.
I expect an aggressive BTC Dominance push that might reach >= 66% with alts bleeding hard and shaking out weak hands, followed by an extreme rejection and reversal in BTD.D.
BTC Dominace Boost!Bottom line of the long term channel!
With a high probability it will boost BTC to approx 66% dominance, to the upper channel.
I hope you are in BTC again ;)
No financial advice!
Altcoin market on crossroads — Bitcoin Dominance chart analysisHi watcher, on this chart i see Expanding wedge pattern near resistance of 62% of dominance.
Depends on power of Swap/DeFi hype around we will face different action on the market.
Deadalts looks quite realistic, but I am prepared for alternative — if dominance fall on the 60-53% zone we will see another fast wave of pumps in tokens and coins.
Are we going to see a trend reversal with Bitcoin dominance?Waiting to see a crossover with EMA8 and EMA50
This is the #Bitcoin dominance chart.$BTC.D: This is the #Bitcoin dominance chart if you trade #Altcoins.
Dominance Dump ! Btc ? #Bitcoin #crypto #btcEven on the 1 day dominance chart for Bitcoin we have now hit a TDSeq9 in red - are whales playing here ? Are the whales coming out of their alt positions soon ? Will Dominance finally rise ? I believe we will see significant rise here by the end of July . See my previous idea below . It's still true - we've just now moved to the higher timeframes.
EW Analysis: BTC Is Losing Dominance, But Only TemporarilyHello traders and investors!
Today we will talk about Bitcoin Dominance and its wave structure from Elliott Wave perspective. We will also show you how it can be useful in analyzing XXX/BTC cross pairs with the help of EW.
If we take a look on BTC.D daily chart, we can see a sideways consolidation for almost a year which usually suggests a corrective movement, especially if we see a three-wave w-x-y drop in the first leg »a«. Well, we believe that BTC.D is unfolding a bigger bullish triangle pattern and current decline can be just as part of wave (c)/«c« that can find support very soon, ideally in the projected support zone around 64-63 area.
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Dominance at support - possible bounce within descending channelDominance moves within descending channel and now near 65.45 support (comes from April). Be careful as alts might dump upon dominance reaching that level. Probably that will be a temporary retracement, but equally can last for week or two. Better fix profits and set dip buys.
Been waiting for this "#altseason" since months 😂 $BTC.DWe have been waiting this famous "altseason" since months (years in fact).
Does the $BTC.D chart will help us know when it is about to come? 👀
BTC.D - I think it's time for the altocoins.When the dominance of BTC drops.
The Altcoins are very good.
Especially well show the altocoins growth in pairs to the BTC.
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#BTC DOMINANCE ALT Season incoming? Don't miss this!Hello guys, welcome to this update.
This chart is very simple to understand.
Please HIT THAT LIKE BUTTON for the simplicity of this chart!
In the chart we can see Dominance got rejected from the Resistance trendline of the expanding channel.
If it follows the speculated direction, It is highly likely that we can see a 15%+ Decrease in Dominance.
You know what it means? Alts will be pumping crazily!! The alts with strong fundamentals in the coming 2 months will provide as high as 100 to 300% + profits. I will update the charts of those altcoins one by one. Follow me for those updates.
We need to watch the red zone+70 level, which is a strong resistance. Unless Dominance breaks above this major resistance I think holding alts will be Very Profitable. Besides most of the alts are showing Bullish signals in Daily Time frames.
For more such updates follow me and share this idea with your friends.
Your views are welcomed in the comment section.
#PEACE
