Btc-dominance
BTC Dominance Main TargetYükselen trendi kırıp aşağı düştükten sonra 57 desteğinden aldığı güçle tekrar yükselen trende tutunma çabası gösterse de başarısız oldu.
Ondan sonra 57 seviyesinde ki desteğin cevap vermemesi sonucunda sonraki durağın 39 olması kaçınılmaz gibi görünüyor.
FRONT/USDT Descending flagHi guys
this time i came with front/usdt binance chart on 4h time frame on a descending flag
which has low market cap also this means that its the risk is a little bit more than other trades
but it also could give us good profits so becareful cause High profit also carries a lot of risk
also becareful about bitcoins effect
as always support and ressistance lines are visible in the chart
and i will be happy to read your opinion and if you enjoyed mine like it please
hope you save your money then go for the highest profits
bb
Dominance: Uptrend can start from hereI think the alt season period we saw lately is over, it was a massive run since Dominance had peaked when Bitcoin was 1 week from peaking at 42k.
The wealth generated in altcoins could be diverted towards Bitcoin here and help it recover from these levels. Certainly if I was an altcoin whale holding massive amounts of Ethereum in profit, I would rotate it into Bitcoin for a low risk play here, downside risk is dramatically different in both assets. The EIP1559 front run rally could be over here.
Keep an eye on this trade!
Cheers,
Ivan Labrie.
Btc dominance drop cenarioAs mentioned before, Btc might print a double bottom.
Check previous TA.
Coinmarketcap shows 49.9% btc dominance at the moment.
Its happening really fast!
Faster than what i draw before in those pink lines.
Will BTC hold the ground at 50% dominance, or continue droping?
A 50% drop from last top will create a double bottom at 37% btc dominance.
If we continue droping. I guess we can say that the alt season actually started in early January this year.
Anyhow, still bullish on BTC .
Bull run is still intact imo.
Euro dominance? EUR vs Dollar & btc, is apparently dominating the market sinds April? Btc dominance wil go under 50?
BTC.D Altcoins ....At this level around BTC.D 50 , We will have a huge bounce and altcoins would bleed badly, BTC would bounce to around 60-61K to cover the CME gap
BTC dominance analysisBTC Dominance
the dominance is setting at strong Support since 2017
Be careful because there is high probability it can rise from here to re-test resistance zone first (between 58-60) before further drop ...the result will be correction in altcoins
The 2nd scenario :
which is a drop from here directly toward 40% area if that happens we can expect potenial altcoins to do more x10 - x20
This week is very important for BTC and whole market
Risk management is the key to survive in trading
Good luck
BTC.D : Bullish or Bearish?! My Idea About Bitcoin Dominance...
What Do you Think? Alt Season is Coming or Not?!
better to take profit on altcoinsDear traders
I believe it is better to take profit or exit on altcoins because BTC.D is reaching critical levels (52_50) which have been strong support zones for it.
it is highly probable that we see a strong movement to upside from (50_52) zone to (59_62) zone which definitely will result in altcoins pullback season.
there is also a minimal chance of break below 50 level which can be bullish for alts and can result in a great altseason continuation, this move can target (40_38) zone.
I won't take risk. I have started taking profit and exiting from altcoins for now and I believe the next movement for dominance would be to upside but if any downside movement happens I will enter to altcoin market again.(if such a thing happen I will definitely post a new idea for it).
please follow me and LIKE my ideas.
Bitcoin dominance update Big cap coins are pumping and pulling the bitcoin dominance index down. We are closer and closer to the white line(support) if ur are heavy in low cap coin watch out when we get there.
we might get short-term bounce back to 59% area.
secure profit when we get there or update ur stop loss.
if we do break it however the party continues ofc.
Old update:
Weekly BTC Dominanceevery BTC move means retest after breaking the big resistance. I expected this breakdown will resume till touching the last resistance.
BTC.D Diagonal support brokenThe dominance chart for BTC indicates that the alt season is on and imminent on many coins, this in conjunction with the ETH Berlin Fork and BTC correcting to 54k, means that alts can see a huge surge.
The diagonal line is the support for 2018 which means that alts are likely to go above and beyond their value in satoshis. support lines are where we should see the inversion of the general trend if it keeps pushing downwards.
Although many coins haven't started pumping yet, an inversion of the trend is already visible on the daily timeframe for the RSI and MACD throughout the altcoin spectrum, However this is crypto, and a sudden pull from BTC can also cause a significant amount of loss in value and a strong correction throughout the spectrum.
Trade safely.
#BTC #ALTSEASON #NOTYET #whenthemusicsoverturnoffthelights
BTC.DBitcoin volume decline = the rise of altcoins
Three components in analyzing the volume of investment in Bitcoin relative to the market as a whole
1- Breaking the big triangle downwards, which gives us the news of a sharp
drop in bitcoin volume compared to the market in the coming days.
2- Following the downward channel shown in Jarrett, which also indicates
the downward trend of the whole trend in the future
3- Expanding the market and making more use of the currency of the world
in the world, not only in terms of investment, but also the component that
will prevent Bitcoin from reaching over 70% of the total market capital.
With the decline in investment in Bitcoin and the downward trend, we can expect the market to pay more attention to Altcoins in the future.
btc dominancethe chart on a 1w TF shows a breakout from a key level of support for bitcoin against altcoin, if this breakout confirmation validated this the altcoin season is just getting started
BTC Dominance Idea (Alt Season Start with new Month!)Finally, BTC Dominance Breaks the support line ( since 2018 Jan ) and retest it!
Also, it's performing this H&S Pattern for a long time and now break the neckline the target of this fall will be 40 -30 and this is the time that alts will explode make sure you have good alts in your portfolio
time to decideAlts are under pressure, indecisive and unpredictable right now, even though I still think that the strong alts will follow BTC even if the dominance increases in the next days.
