Btc-dominance
BTC dominance is at resistance now on Daily.On daily Time Frame BTC dominance is at resistance either it can breakout or drop. if Breakout then it is bad for alts. already break the on 4 hour trend line.
DOMIE DUMP TIMEI called the bounce to the tee. And now we are gonna watch this wick out. I feel like the oversold pressure has finally released and now we can continue our wonderful alt season.
God Speed,
2 Scenarios For BTC Dominance Alt Season Over?
Or just a short-term pullback coming?
Or maybe none of those and it just keeps on dropping?
BTC.D looks weak. Thinking ALTSZN is about to come forthThis chart looks a bit on the weaker side. RSI trending down. 200w EMA didn't break out, and 50w EMA may also show some resistance. Too much excitement around other alts pumping (DASH, ETC, and a few others). Currently testing a year+ long bullish trend now, if that breaks (which I think it will), alts will start flexing. BTCUSD may too, but not as much.
Then there is also the halving this year. I don't know how alts will react to this, being the first BTC halving I've ever witnessed.
This is not investment advice. DYOR. Invest with caution.
Bitcoin Dominance Update#BTC Dominance Update:
Our All Update exactly Hit our Targets.
now Support 1 is good so we can see spike form here and if this posible then can dump.
but
if this support not hold then ready for 60% and altcoin more pump.
Support: 62.90% & 60%
Resistance :65%
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Bitcoin Dominance Update #BTC Dominance Chart Update:
I told You if 67% break then big altszn I hope you got it.
now Dominance at support 65%. we can expect now dominance one spike.
#Altcoins can go down little.
secure your profit.
if break upward 67% then we can see blood bath in altcoin.
But if not break 67% upward then ready for one more big altsession.
keep an eye on every updates.
Support: 65%
Resistance : 67%
both level is very important for us.
bellow 65% big altsession and above 67% is blood bath in altcoin so good to exit from altcoins.
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BTC Dominance Update 4HRFinally got that bounce. Inv head and shoulders inside broadening wedge. 200SMA overhead resistance. Bullish MACD Cross.
Bullish divergence playing out (HIST, RSI)
HOT/USDT Adam and Eve Potential? Potential setting up here on HOT with adam and even maybe. It is current right on the 50 day MA and will need to see strong support there or could potentially go lower first to form more divergence which isnt the greatest ATM.
Interesting setup because it has a different pattern than most alts right now. #BTC Dominance also just lost the 200 Day MA so lets keep an eye on dominance as well to help out with alt setups.
Just for my own commentary not to be taken as financial advice thx
Bitcon Dominance ChartBitcoin Dominance now at Strong Support Area.
If this breakdown then We can see 60% next drop.
if Breakdown this Support area then we can see big Altsession.
but if this Support area work strong then we can see 70% soon and more if breakout upward side above 70%.
so keep an eye on both scenario.
breakdown 67% I long Altcoins.
Breakout above side I short Altcoins.
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BTC DOMINANCE BEARISH SCENARIO IDEA 1DAY CHARTMy thoughts are BTC Dom might cool off and give ALTS their time to shine.
Bitcoin Dominance Chart....Alt Session..?Bitcoin Dominance Chart:
Current Bitcoin dominance is 67.90%.
What TA Says:
Technical Analysis says that Now holding at Strong Support At 67%.
And we exactly bounce from here.
This is strong support keep in mind.
now very risky for enter in altcoins.
If BTC dominance countinues Increase then Very bad for Altocoins.
but if break down this support 67% then next major Support is 60%.
If this possible then very good for altcoins.
if break down then you can enter in good TA base Altcoin for huge progit.
upper side resistance is 72%
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BTC Dominance (Y20.P1.E3).Alts have momentumLooking at the chart, we see BTC dominance droping while many ALTs are doing a bounce from what looks like they have reached the bottom.
Other coins that have been recently released will follow a different path.
Thoughts:
> BTC dom. to continue dropping until BTC stops moving slowly and indecisively
> Drop target mid 68%
> I would think another 2 to 3 weeks of BTC sideways ranging movement will be sufficient before it makes its break upwards.
BTC DominanceBTC Dominance
Can see turned bullish & broke out trendline
Followed by pump
Careful while it's pumping with alts vs BTC
Good for alts when it pulls back & still needs to turn bearish though
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BTC dominance is droppingBTC is king and will remain the king of crypto currencies until proven otherwise.
Alts will have some room to develop a higher high and a high low while BTC dominance is dropping.
Normally the major caps (BCH ETH LTC) will first benefit from this and then the high caps.
BTC dominance is droppingBTC is king and will remain the king of crypto currencies.
Alts will have some room to develop a higher high while BTC dominance is dropping.
Normally the major caps (BCH ETH LTC) will first benefit from this and then the high caps.
just for ekrem dominancejust for ekrem.
btc dominance will be %71
after that, it will be between %50-%60 soon
Btc dom could go either way Btc dominance could go both ways at this very moment +4.50% or -6.9%. Weekly closed right on the line it could make it support or resistance. I’m thinking there is a 70% chance it’ll fall 6.9%
BTC D Btc dominance need to break below 67.5 firstFor the altcoin season we have short term 67.50 barrier and later on the main trendline 63.xx level standing. On the weekly chart its clearly showing. According to the current way we are slowly dropping and altcoin season is becoming closer.
$BTC.D Still expecting 66% Dominance To HappenYep, still hoping for this to drop with a little bit more interest to come from the alt-coins in the industry. Seems to be holding well and it is a very slow drop.
66% is just one target area but that is a support. From that point? Who knows. 40% would be nice... ;)
20191018 BTC Dominance - Possible Uptrend till NovemberHi again,
I've been following btc dominace lately to determine where the market is going the next months and i believe is not quite done yet.
i base most of my analysis on fractals as you may have seen, even more when an inverse have take place to predict the roads on downtrends to take more profits.
here you may see the fibonacci retracements according to fractal in place on this period. Some candles like the one in circle as indicators of stage and right now it seems we are getting at the end of a small falling wedge .
We have a bullish butterfly too that indicates they still under control and this is just a correction before going up once again.
Ill upload another image that could help you out too.
Cheers!
Charter X
Bitcoin Dominance Falling WedgeOverall Bitcoin BTC.D Chart Showing possible signs of reversal with bullish divergence on the RSI and MACD. Keep an eye on this one.
