Btc Dom UPDATE (refer to linked post)First BTCDOM target hit, and is halfway through the second TP. Refer to linked post for reference =)
Btcdom
BTC.DOMINATION ANALYSIS BTC.D consolidation and make a bullish flag pattern . has breakout and also retest and now still consolidation in lower timeframe , we see have double doji pinbar candle on support and confirmation close with green candle , potential continue upward movement minimum 46.82%
so this is bad for ALTS if BTC.D up and BTC down ALTS will dump
BTCDOM ANALYSISBTCDOM ANALYSIS
BTC succeed breakout and has retest potential continue upward movement. Nearly resistance at 47.69% Area
If BTC breakdown until $26k area potential BTCDOM hit 48.92% this is key resistance level for BTCDOM
RSI showing overbought on daily so potential rejection and make a correction at 46,7% Area before back to try breakout again
Will the Bitcoin continue to gain market share❓💎"The BTCDOM Index provides insights into the market and can be used as a tool to speculate on Bitcoin’s relative strength against altcoins. Essentially, the index measures the demand for Bitcoin relative to altcoins. When altcoins gain market share relative to Bitcoin, the BTCDOM index loses value. Conversely, when Bitcoin gains market share relative to altcoins, the BTCDOM index will gain value."
💎The BTCDOM Index broke above the resistance trendline, followed by the break ..........
#BTC.DOMINANCE UPDATE BY CRYPTOSANDERS !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Hello, dear traders welcome you to this BTC.DOMINANCE 1hr chart analysis.
Dominance is getting rejection by the resistance. The reason we see some green in many Alts across the market.
ALT/ BTC Pairs are likely to continue the rally unless broken upside.
The trend for alts looks strong for now but keep in mind this will only stay this way as long as BTC holds the $28k level. That is the key level we need to keep an eye on.
THANK YOU.Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#BTC.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERS !! Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Hello, dear traders welcome you to this BTC.DOMINANCE 1hr chart analysis.
CHART ANALYSIS:-As we can see in the chart above BTC.D was trading inside the parallel channel pattern and broke above the 45% level.
Now, BTC.D is retesting the upper trend line, and here BTC.D can put towards the 49% level which is 8.5% from the retesting level.
It indicates that BTC can also pump at any time and we can witness short-term bull rallies in upcoming hours.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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Let's not catch a falling knife .CRYPTOCAP:BTC.D
We are being rejected of the monthly supply and might head downwards in sometime which may let the alts to rise. We have made a triangle in which price tried to brekout upwards but seems to a fake-out now to trap late longs. Bitcoin bottoming and Dominance going down can give provide us with at least 15-20% for now.
PS = Still holding 50% USDT for future use i want to catch a dip not a falling knife.
Bitcoin: BTC.D Suggests Bear Market This break-out is quite significant and realistically potentially indicates a real turning point in the market.
Up until recently, it was still questionable whether BTC would find a bottom and may continue the Bull Run.
But after the carnage this week and the Luna catastrophe, the market has lost all momentum.
Alts are bleeding to nothing and BTC has become king again.
If we simply use this chart to gauge where we are at on the Macroscale, this highly suggests we are well underway into the 2022 Bear market.
Now it is important to understand the targets for the BTC Domanence as it will prove to be potential turning points.
The first target being 50% and the second target being 60%.
If we compare the last Bear Market in 2018, it wasn't until after BTC Dom reached 60% before it found a bottom.
Now I'm not saying it has to hit 60% again this time, but I am definitely targeting 50% from here. That is the next point of interest.
My Bearish sentiment doesn't just stem from Crypto, it reaches far out toward the broader stock market and enormous macro headwinds.
I can't possibly explain it all in this post to keep everyone's attention but if you check back through my previous posts, there are soo many Gems to learn from to navigate this environment.
Now is the time to LEARN and grow your knowledge so you can benefit from all this chaos later on.
Now is when success is made, not at the top of the Bull Run.
Let me know if you have any questions!
Bitcoin Dominance Suggests Bear MarketThis break-out is quite significant and realistically potentially indicates a real turning point in the market.
Up until recently, it was still questionable whether BTC would find a bottom and may continue the Bull Run.
But after the carnage this week and the Luna catastrophe, the market has lost all momentum.
Alts are bleeding to nothing and BTC has become king again.
If we simply use this chart to gauge where we are at on the Macroscale, this highly suggests we are well underway into the 2022 Bear market.
Now it is important to understand the targets for the BTC Domanence as it will prove to be potential turning points.
The first target being 50% and the second target being 60%.
If we compare the last Bear Market in 2018, it wasn't until after BTC Dom reached 60% before it found a bottom.
Now I'm not saying it has to hit 60% again this time, but I am definitely targeting 50% from here. That is the next point of interest.
My Bearish sentiment doesn't just stem from Crypto, it reaches far out toward the broader stock market and enormous macro headwinds.
I can't possibly explain it all in this post to keep everyone's attention but if you check back through my previous posts, there are soo many Gems to learn from to navigate this environment.
Now is the time to LEARN and grow your knowledge so you can benefit from all this chaos later on.
Now is when success is made, not at the top of the Bull Run.
Let me know if you have any questions!
Bitcoin dominance : More blood for Alts?Bitcoin dominance Update / D1
BTC.D index is at its red downtrend Year long resistance zone. A breakout above the red resistance line will bring more Blood to the Altcoin market🩸
$BTCDOM/USDT 2D (#BinanceFutures) Ascending trendline retestBitcoin Dominance Index has been rejected with a Hanging man pattern and could resume the downtrend.
Current Price= 1275.5
Sell Entry= 1275.0 - 1305.0
Take Profit= 1196.9 | 1129.7 | 1063.1
Stop Loss= 1364.5
Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05
Expected Profit= +21.66% | +37.29% | +52.77%
Possible Loss= -17.34%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 3-4 months
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
www.binance.com
BTC.DIf the chart goes out of the black box, the situation will be worse for the Altcoins, and given the pattern it has formed, it is likely that this will happen.
#BTC.DOMINANCE 6HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this BTC.D chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can see in the above-mentioned chart that BTC.D is trading inside the triangle pattern on a support level after a rejection from the red resistance zone, whenever BTC.D rejects from the red resistance zone it moves down towards the lower support zone which is 39.40%.
Here I am expecting that BTC.D will brake the green support and move down to the White ray support area which is 39.40%.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
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#BTC.DOMINAMNCE DAILY UPDATE BY CRYPTOSANDRES Welcome to this BTC .DOMINANCE analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to BTC.D 1DAY update by CRYPTOSANDERS
In the above mentioned chart we can see that BTC.D dominance is trading inside the Chanel pattern and rejected from the yellow MA In daily chart.
So just line the previous two moves inside the channel so here we are expecting that BTC DOMINANCE can fall all the way to the lower trend line. Which will be the bull trend for btc.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BTC.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERS Welcome to this BTC.DOMINANCE analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to BTC.D 4 hour update by CRYPTOSANDERS.
If you have gone through with our yesterday's BTC.D 3 day chart then you will remember, in that chart we mentioned that BTC.D is looking bearish in long term.
In the current scenario, in 4hr chart, BTC.D is currently trading inside the falling channel pattern.
As we told in our last update that we can take a position in ALTCOINS in btc pair this chart is confirming in the shorter time frame that we will be able to earn some good profit in long run.
If BTC.D broke the upper trend line then this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BTCDOMINANCE 3DAY UPDATE BY CRYPTOSANDERS Welcome to this quick BTCDOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our BTC.D 3-day update
As we can see here that BTC.D is on a support of yellow MA, inside a falling wedge pattern.
If BTC.D rejects from yellow MA then that will be the confirmation that BTC.D can come down to 39% mark.
If it moves as we expect then we will see an uptrend in ALTCOINS until BTC.D changes its movement direction.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
#BTC.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERS Hello members, welcome to the BTCDOMINANC Quick update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
In the current scenario, BTC.D broke the Chanel downside and retested the lower trend line.
We are expecting here that we will see some downfall which means that BTC will form some green candle because as we know that BTC and BTC.D both work inversely proportional.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
Long BTCDOMUSDTPERP Binance 4HLong BTCDOMUSDTPERP Binance 4H
Long on BTCDOM look like we can have cup and handle pattern ;) and TSI is on the bottom with bullish divergence.
$BTCDOM/USDT 2h (#BinanceFutures)Ascending triangle break retestBitcoin Dominance Index broke-out bullish on Low Time-Frame (LTF), let's catch next pull-back to 50MA support for continuation scenario.
Current Price= 1273.5
Buy Entry= 1260.1 - 1248.7
Take Profit= 1285.0 | 1311.5 | 1330.9
Stop Loss= 1228.8
Risk/Reward= 1:1.2 | 1:2.23 | 1:2.99
Expected Profit= +19.52% | +36.40% | +48.80%
Possible Loss= -16.32%
Fib. Retracement= 0.618 | 1.117 | 1.414
Margin Leverage= 8x
Estimated Gain-time= 10 days
www.binance.com
www.binance.com
www.tradingview.com
BTCDOM Short Position? 22.3.1Im say nothing. Just write me your perception about this chart and altcoin conditions ;)
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 1.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better❤️
#BTC Dominance ALT SEASON POSSIBILITY EXPLAINED!!
Welcome to this extensive analysis of BTC Dominance.
If you are reading my updates for the first time, make sure you follow me to read the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
BTC Dominance bounced right from the bottom of the channel around 39.15.
Currently moving around 42.27 level and broke above the blue MA.
The chart is pointing towards a possible rally towards 45.49 in the next 2 to 4 weeks.
This will eventually give some momentum to BTC against altcoins.
ALTS in BTC pairs are likely to continue some decline for the next few weeks unless it hits the legacy trend line resistance which is almost
300 days old. So once the index reaches that resistance level a rejection would lead to a 3 months rally in Altcoins in BTC pairs. So we need to wait for a few weeks to see
whether it breaks the resistance or gets a strong rejection.
CONCLUSION:- Alts will continue to bleed till dominance reaches 45.49 level. Once that level is reached I will update the next chart.
We will have to see whether it gets rejected or breaks the trend line.
Invalidation:- Close below the Blue MA.
What do you think of this chart?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
