It is basically the flipped BTC.D chart, but I hardly see anyone use it. Wanted to share.
As much as i don’t like to analyze this chart, I acknowledge is pretty important. Bitcoin dominance broke the trend line, retested it on lower time frames and is currently heading down again. Conclusion: i’d say is pretty safe to sit on altcoins for the next few days.
in 4h timeframe we have a strong bearish divergence for coming days in to this week but if you change timeframe to 1D this strong bearish divergence may become a normal uptrend towards new ATH , why? cuz we still have a 70 RSI in 1D timeframe , it may push towards 85 rsi in coming days.. rly think we should wait for daily 72 rsi to confirm bullish uptrend towards...
Still waiting for support to be broken and flip to resistance before anything could start.
I have not seen anyone post a chart that shows BTC, ALTS, and BTC Dominance all against each other on the same time frame. I think you will find it interesting if you pay attention and really look at the details. BTC's ATH in 2017 corresponds with BTC dominance, whereas ALTS only had a slight run up. You can the red arrow is the ATH around 20k. It dropped to...
For those who paid attention yesterday we had signified that the ALTs rally was weakening and that Bitcoin would rise faster than alts (or drop slower than alts). This chart worked perfectly well for us again and helped us identify the trends nicely.
BTC dominance break out from the support zone. One more resistance(descending trendline) to break before the real BTC season starts. The BTC.D will keep moving until 80% (The colored rectangel) have been reached, after that comes the ALT season.
Hey guys, I am waiting for 300+% for the next 2-3 months. Entry zone: under 7650 I will set up 5 TP 20% - 0.001151 20% - 0.0015446 20% - 0.0020391 20% - 0.0028845 20% - 0.0036662
I had a position at 2018 and got around 400% for this coin. I think right now we can try to take around 100-120% Entry 130-160 TP1 194 TP2 260 TP3 311 Stop: 120 -- This is not Financial Advice. I am posted just my idea where I am making orders too. For BTC/Altcoins pairs I am recommending Binance. www.binance.com For BTC/USDT/USD only Futures on ByBit. www.bybit.com
$DRGN I would consider this a good place to throw some BTC on Bittrex exchange as I dont trade there regularly. It makes a god RRR, with a stop loss of 8%, It targets more than 100% to First strong Resistance level after breakout.
Hi there! PrimeXBT is on the air and we are going to analyze Bitcoin’s dominance over the crypto markets. BTC’s dominance broke through its eight-month-long Wave C support line of the Elliott ABC corrective waves. Currently, it’s hitting strong resistance that’s coming from the downward trend-line. The projected downwards phase will last until February of...
Hey. Crypto Investors:) We see great opportunities to buy TRON coins. As a result, the price can grow 5 times or more. We recommend buying a TRON coin now! XXX growth for altcoins coming soon ^_^
Expecting volatility from BTC people have their eyes on it. Proof: BTC dominance up Expecting alts to dump to support in these volatility. Buy the dips Possible mini alt season coming as BTC is undecided and people will start to expose themselves to alts Will watch divergences to decide whether to long or short BTC Leaning bullish
Altcoins continue to suffer! Fundamentally: Why did Apple recover and boom? iTunes was launched back in the days, listening to music on the internet? WTF! Something innovative and inconceivable at that time! As long as ALTS don't deliver real world products, and that probably doesn't happen for most of the companies, ALTS will just die out. Utility Tokens are...