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Btc-dominance

Touble top incoming !!!Things are starting to align, January is approaching and Alt season will be explosive! The BTC Dominance chart is showing the foramtion of a possible double top. Hopefully this will fulfill once the indicated horizontal level is reached. Once BTC D reaches that level the domino effect will start, and more money will stream in alts, it seems like 25 k MIGHT be the top for now. Ideally we see a consolidation in the current are 24.5k to 25k and the BTC D go down swiftly I would not be suprised if the dominance chart fully ignores the double top and breaks out further to 73ish %. Fingers crossed for ALT season yall. Happy holidays. Leave alike if you agree or hope for the same playout. Cheers
CRYPTOCAP:BTC.DShort
by Suneater69
2
💎BTC Dominance Must get Rejected Frm here, Fr Altseason!Hello Dear Traders, In last 2 days alts dumped heavily , One reason for this dump was rapidly increasing BTC dominance and News of XRP , this 2 things dragged down every other alts except ZIL and theta. BTC dominance is at supply zone, previously many times it rejected frm same zone. i m expecting same frm here again. if dominance starts declining then we will see massive alt-season. also one more thing to notice is most of the altcoins touched its daily and weekly demand zone, and giving very nice spike. in next post i will post ideas of btc and some good looking alts. keep in mind btc dominance is at supply zone and if it starts declining then start buying alts.
CRYPTOCAP:BTC.DShort
by mbn_global
Le BTC sera le seul à surperformer le BTCLe BTC va surperformer les ALT: Sur graphe en Weekly, BTC dominance: Point 1/ Gros W weekly en 2018, Des W dans des W weekly; On casse la neckline de ces W ( en jaune) en Juin 2019 que l'on vient retagguer en 2021 pour prendre appui avant résomption à la hausse (en cours) Point 2: Depuis Juillet 2019, dans un canal descendant avec 4 touches sur bornes hautes. La 5ieme actuelle sera la bonne; Point 3: En avril 2019, on casse le biseau descendant à la hausse en prenant appui sur la trendline (bleue) Actuellement, meme scenario: on est venu s'appuyer sur cette meme trendline ascendante pour repartir à la hausse; Point 4: Lorsque l'on a cassé ce biseau d'avril 2019, et que l'on reporte la figure qui s'est formée après et qu'on la copie-colle au niveau du point 3 sur le graph, tout est parfaitement symétrique; Point 5: Canal ascendant; On viendrait tagguer la borne haute du canal Point 6: Cup and handle en cours de formation! Point 7: Ishimoku : La LS casse à la hausse la trendline descendante qui faisait office de resistance depuis mars 2019 Le secteur des ALT perdra de la valeur fasse au BTC. Ceraines ALT surperformeront le BTC mais l'ensemble fera moins bien.
CRYPTOCAP:BTC.D
by thibault_crypto
2
How are we swinging BTC?Swell, thank you. Upswing took place just as wished for earlier. Now the intension is to gradually calm down with the volatility and continue sideways. The present price action is more or less identical with a similar situation in early May. Then, during the 50 days BTC was trading sideways, BTC.D dropped by 9 points. That was reflected in the altcoins marketcap that rose by more than 40%. I am hoping to see a similar altseason now. Trade safe and take care. Cheers Whoop
by WhooperSwan
BTC.d Breaking into key levelRejection at this level will spell relief for Alts otherwise the next resistance is that of the falling wedge and Alts will bleed further. It is expected that BTC.d will respect the wedge and reverse course. But nothing is for certain. There are gaps in the index and if gaps play out in the index then BTC.d must rise to 74% to fill the gap. However these gaps can be artifacts from change in method of calculating the index or missing data.
CRYPTOCAP:BTC.DLong
by nagihatoum
5
Litecoin: The Sleeping Giant Has AwokenSince the start of November there's a noticeable amount of bullish sentiment surrounding Litecoin. Instead of moving back to the lower trend line of the wedge, it made an unexpected bullish move. This bullish move broke the 4-year wedge, without any signs of stopping soon. On the chart there are four major areas of interest: * Support 1 - $40: If the price goes below $40, chances are that Litecoin will retrace towards the lower trend-line of the wedge. * Resistance 1 - $85: The 2020 high serves as a first target. With sufficient volume and investor's confidence $85 should be a reachable target this year. Beware of a possible (short-term) reversal. * Resistance 2 - $145: The 2019 high occurred during the early altcoin boom. High confidence and a major influx of USDT coins into the market propelled Litecoin's price to $145. This area could be reached within a few months if Crypto rotates back into investor portfolios. * Resistance 3 - $365: The all-time-high of Litecoin is naturally the biggest resistance to date. A major boom in crypto-world has to occur if the price wants to reach this target. We're talking about a 500% increase from the current price. This target could only be reached after a major surge of Bitcoin's price. Bitcoin generally rises first (with btc dominance rising), with the large caps following. Expect major selling pressure here, with a likely reversal or crash.
Long
by FieryTrading
1
Bitcoin Dominance on a descending broadening wedge! Bitcoin is currently on a descending broadening wedge signifying that there's a huge ALT coin season coming soon over the horizon, possibly early December. Although currently Bitcoin's dominance is rising to the top of the descending wedge (because of investors selling the altcoin positions into bitcoin) we expect that it will be rejected at the top of the wedge, coming down to retest the support at the bottom of the edge. The month of NOVEMBER WILL BE A BITCOIN MONTH but DECEMBRE WILL BE A ALT-COIN MONTH FOR SURE.
CRYPTOCAP:BTC.D
by Daimonik