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Btc-dominance

Bitcoin Dominance: 1W Chart ReviewHello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Bitcoin Dominance. The chart is self-explanatory. The Bitcoin Dominance recently broke out of the S/R 1 line and headed for a re-test. If the re-test is successful and the price moves upwards, the Bitcoin Dominance will start moving up. I noted multiple Support and Resistance Lines to keep an eye on. The RSI also broke out of a resistance line headed up. Lastly, a Triple Bottom was recently formed which is bullish. This is a weekly chart so please be patient. Included in the chart: Trend line, Support and Resistance Lines, RSI, Triple Bottom Formation. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTOCAP:BTC.D
by MillionaireEconomics
12
BTC/DOMINANCE 4HOUR UPDATE Welcome to this quick BTC .D analysis. I have tried my best to bring the best possible outcome in this chart. Bitcoin Dominance is currently showing an inverse head and shoulders formation and I expect Dominance to bounce back a bit from here. We can assume that altcoin can pump if dominance stays inside the trade line. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section.
CRYPTOCAP:BTC.D
by CryptoSanders9563
1
#BTC Dominance Breaking Down? Or Just a Trap!Welcome to this quick update folks. BTC dominance is currently retesting the Blue MA on this 2day chart after breaking down. If we consider the wicks the scenario changes completely opposite of what we see here. Considering the current chart, It's highly likely we will see a dump in this index in the next few weeks given the condition it stays below this Blue MA. Close above this MA will invalidate this chart. ALTCOINS in BTC pairs will show some strength in the coming days. Currently, most of my portfolio is in USDT and BTC. I will accumulate the altcoins with some good fundamentals and will hold on spot. What's your trading plan? Do hit the like button and share your views in the comments section. Thank you #PEACE
CRYPTOCAP:BTC.DShort
by Cryptorphic
17
Massive Move Incoming for Altcoins!Hello traders, The Bitcoin Dominance has been on a large downtrend for years and is looking like it will continue. It is currently in a descending pattern (Lower highs and equal lows.) The current dominance comfortably sits at 39.83%, while the target out of this downtrend is 29-30%. This may look bearish for Bitcoin but this may be a sign that Altcoins may surge! 9% loss in Bitcoin Dominance is $180B USD. More currently we have received a weekly close below the important support level, unfortunately, this reveals BTC may go lower possibly dragging down other coins. One last thing, the MACD of the Weekly BTC.D is foreshadowing a divergence to the bearish side. Safe trading, -Pulkanator
CRYPTOCAP:BTC.DShort
by Pulkanatir
BTC Dominance is dropping exactly same as 2021If you copy the pattern of where the last altseason began on 2021 you will be amazed how exactly we are test the critical levels and also how nice we are bouncing to the same level we bounced on BTC.D previousely. I belive this one green candle will be the last BTC.D going up nearly 1% and we will rush to a massive market rotataion and final altseason before the bear market began. Remember if you belive in higher BTC price you need to consider we are having 3 altseason ! and not having altseason is not making sense as we are testing BTC.D at 39.5% for few months
CRYPTOCAP:BTC.D
by MehranVa1992
9