Btc-dominance
BTC.DJust thinking out loud for an idea I've repeated before,
Dominus complex corrective model model requesting D3
As per the form remaining for receipt
1) slight descent
2) Strong Rise
3) Finally, a last strong drop before going up
If we combine this view with the positivity of Ethereum #ETH
We extract the following ..
BTC.D DAILY DIVERGANCE!!!according to chart and RSI we can see a divergance has been forming.
Due to the support areas and this divergence, we can expect an increase in dominance in the next few days. Which can be accompanied by an increase or decrease in the price of BTC.I think it's with increase in BTC price!!!
In my opinion, the Altcoins should stay away from Bitcoin in this move and then make good moves in the next Altseason.
Based on this, you can save your profit from the altcoins that are in profit and go to the safe assets of the market.
Until the dominance reaches around 50, and there, prepare yourself for a great altseason.
have a great journey in crypto.
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Ser wennn Altseason ?!We are at the support :) as I mentioned if it breaks down and also BTC need to be stable - then ALTSEASON party will start!
BUT Bitcoin Dominance - at the same level from where we bounced in 17th May and 6th September!
Bouncing at this level (40’s) will make a bloody hell for ALTs!
Imo (In my opinion) we will bounce from here to 50’s and dump from there to 30’s - voila ALTSEASON!!!
A weekly candle will confirm! NFA…
bitcoin dominance lower than 40% may be another crush following?#bitcoin dominance below 40%.
Last times it happen a crush of #cryptomarket followed, most possibly due to panic selling of bitcoin from people fearing that #bitcoin is becoming useless and trying to same capital before entering altenative market.
weekly analysis ( BTCUSD ---BTC.D ---- USDT.D)📈📉🎄🎄🎄🎄😍💐❄️❄️☃️⛄️🎊🛍🎉🎉🎉🎄🎄🎄
Hello everyone !
Hello crypto community !
Merry christmas to all
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final weekly analysis for BTCUSD, BTC.D & USDT.D
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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BITCOIN DOMINACIA vs WYCKOFFSC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests.
AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR.
ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC.
Test—Large operators always test the market for supply throughout a TR (e.g., STs and springs) and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume
Phase B: The function of Phase B is to build a cause in preparation for a new downtrend. During this time, institutions and large professional interests are disposing of their long inventory and initiating short positions in anticipation of the next markdown. The points about Phase B in distribution are similar to those made for Phase B in accumulation, except that the large interests are net sellers of shares as the TR evolves, with the goal of exhausting as much of the remaining demand as possible. This process leaves clues that the supply/demand balance has tilted toward supply instead of demand. For instance, SOWs are usually accompanied by significantly increased spread and volume to the downside
Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring.
BTC.D - New Updat after 30 Nov. $BTCDear Friends
this is a new update after the last analysis on 30Nov.
In the Daily Timeframe, If you look closely, you will see a Range at this zone.
An important Support zone keeps it but we must remain for a complete broke.
In this time frame, you can see the movements more accurately than weekly.
Break the support may be good for ALTcoins if the BTC price goes up or stay in this area.
in the next analysis, I'll publish in the daily time frame.
BTC.D - New update after 30Nov. $BTCDear Friends
this is a new update after the last analysis on 30Nov.
In the weekly Timeframe, we have a Range and consolidation at this zone.
An important Support zone keeps it but we must remain for a complete broke.
Break the support may be good for ALTcoins if the BTC price goes up or stay in this area.
in the next analysis, I'll publish in the daily time frame.