THETA - Wheres The Liquidity?Analysis:
Support & Resistance
Supply & Demand
Liquidity Points
Trend Line
T1: Target 1 (Bears)
T2: Target 2 (Bulls)
L: Liquidity Points
Opinion:
First Theta will grab the money beneath $0.86
Then Theta will grab the money above $1.33
Bears focus on shorts and take profit beneath T1
Bulls have cash ready to buy the dip and take profit above T2
Will update as price moves along
Btcdoinance
That is a wrap on this round of Alt Season....Remember the feeling of late August when summer was coming to an end and the idea of going back to school started creeping in? I hate to be the one that comes out and talks about school but we have more vacations coming up. Alt seasons come in rounds and they simply don't last forever. That was an awesome summer alt season we had. What does this mean? BTC dominance along with ETH will start absorbing more of the market cap over the next 4-6 weeks in my opinion. Nothing in trading is certain. I have marked out the next two targets for BTC dominance that I see happening this month and into next. Do I believe in many of the ALTS? YES...but you have to play the spots right. In other words Ill be adding and buying alts when BTC dominance starts to peak again. You don't want to be buying alts right here...these assets are up and need some correction. Leave comments you can disagree with me but you can't disagree with my record of being right on this website. What is the Shark telling you to do? Sell your alts and roll them to BTC and ETH for the next 4-6 weeks. When BTC Dominance hits the second target start buying your alts back. Once again I don't get paid for this I'm just here to help someone along the way to making money and taking control of their life. Swim with the Shark and make money.
Bronson-TheSHARK
BTC.D - dominance analytics. Ready for an uptrend?Greetings to all cryptomaniacs!
Let's analyze the movement of BTC dominance and analyze further expectations from the cryptocurrency market!
We saw a downward movement in the dominance of BTC with reaching the level of 57, 35, after which the dominance showed a local upward movement.
What can be expected in the future?
Now a pattern has been formed on the chart - an inverted "Head and Shoulders" and upon breakdown and consolidation above the level of 60, 31, the dominance will continue its upward movement to the levels of 61.66 and 63.07. It is necessary to observe how dominance will pass level 61, 66. Since this level coincides with the middle border of the channel, and also the moving average approaches it, which will act as additional resistance in the upward movement of dominance.
What does this mean for the cryptocurrency market?
An upward movement of dominance can mean the same as a downward movement in the cryptocurrency market: BTC and altcoins. The fall of altcoins is faster as a percentage of BTC. So dominance can grow.
Or an upward movement in the cryptocurrency market. The upward movement of BTC in a certain period of time will be faster as a percentage of altcoins. Thus, the upward movement will show dominance.
My expectations from the cryptocurrency market according to the BTC timeframe, which I will talk about in my next upward movement idea!!!
All successful trades and investments!
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Disclaimer!
I do not give entry and exit points.
I share with you my opinions and ideas, which may differ from yours.