DominanceFast update.
- Rejected on EMA200 D1.
- Follow BTCDOM is important to detect and understand next altcoins pump.
Happy Tr4Ding!
Btcdom
BTC DOMINANCE Weekly chart
Looks like if BTC.D break the descending triangle down side. Then we'll see the new ALL TIME LOW level at 30. And this'll be a chance for Alts to boom.
Bitcoin Dominance: 1W Chart ReviewHello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Bitcoin Dominance.
The chart is self-explanatory. The Bitcoin Dominance recently broke out of the S/R 1 line and headed for a re-test. If the re-test is successful and the price moves upwards, the Bitcoin Dominance will start moving up. I noted multiple Support and Resistance Lines to keep an eye on. The RSI also broke out of a resistance line headed up. Lastly, a Triple Bottom was recently formed which is bullish. This is a weekly chart so please be patient.
Included in the chart: Trend line, Support and Resistance Lines, RSI, Triple Bottom Formation.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BTC.D SHORT to 34.5%• No real change from my original post on BTC.D SHORT.
• Just some minor adjustments to update the chart.
• Furthermore, I’ve put in Elliott waves to further highlight the similarities between this bullrun and the previous.
• Wave C will become more apparent when the 20W SMA crosses over the 21W EMA.
• By the way, as per my original post on BTC.D SHORT, NFTs are booming.
Bitcoin Dominance 29/01/2021we have a trough analysis of bitcoin dominance over the cryptocurrencies world
as we can see bitcoin may lose its dominance and let other alt coins pomp
so it is a good time to invest and trade altcoins
TheKing past to present Quick & Simple :
- in 2014-15-16, BTC was mostly alone and his supremacy was Total, you can see in the graph his Dominance was around 95%-100% of the Total Market.
- in 2017-18, when alts popped around the corner, BTC Dominance went down to 35%. Alts started to moon than BearMarket came around.
- in 2018 , you can notice that when BTC dominance grown more than 50%, we came back in a full Bearmarket, the top BTC Dominance reached 70%, then a New Cycle Started.
- in 2020-21-22, with this new BullMarket, it could be really possible with DEFI/SWAPS and lot of new projects that "TheKing Dom" will fall between 27%-25%.
. After that zone reached, we could consider that Bearmarket will come very fast.
- Follow closely Dominance and try to understand it, this is the way to understand in wich parts of the cycle you are.
- Check in comments my older analysis about Dominance to get the moves.
Happy Tr4Ding !
BTC.D: massive daily bullish divergence! 2th post.We can clearly see a bullish divergence on the daily. This is going to pump btc price up and drain alts a bit. I anyway hold my alts and dont sell them cause after btc will pick we’ll have a January2020-like alt season!
This is a continuation of my last post which i will relate under here(BTC.D:massive weekly bullish divergence). We have bullishes divergences on almost every timeframe. Also notice the stochastic rsi oversold and ready to pump (both on btc and btc.d)
Its clear how btc is showing enormous strength these days. Don’t misunderstand me: i know btc is not pumping to the moon like most of you wanted.
When i say strength i intend making you understand that there was a lot of selling pressure (due to china trading ban). This has given the possibility to many whales to accumulate huge quantities of btc. Its clear we will have a rally and btc will hold the line. Its just about time! Have faith!!
Here for you, as always, CryptoSoap!
Follow me on twitter, i post btc and alts analysis!
BTC.D:massive weekly bullish divergence!A huge bullish divergence has been forming in the last months. We could have very soon a btc rally or crash which will take the altcoin cap down. It will probably go down more from here and it will form a clear bullish divergence!
here for you, as always, CryptoSoap!
btc.d rollercoaster triple bottomBitcoin dominance rollercoaster ride into..
just a triple bottom pattern in the making.. lets see where this is taking bitcoin to...
oh and on this time frame there is also an smaller W pattern which could be the start of a new leg up.
Lets goooo
BTC.D bearish aWe are going to see little Bearish run before the December Bull run all the way of 41.2 and then we will start a bull run again as before.
BTC DOM ; update ; macro repeat ideaBTC DOM ; update ; macro repeat idea
this is an update of the squiggle fest of an idea last time. which seems to be playing out well so far.
we had a big dom dump recently where CERTAIN alts pumped like crazy ie. ftm, avax, sol etc
IF this idea is sound AND ive got the positioning right, and we are indeed straight up repeating (pretty big ifs) THEN you should be all in BTC and it should continue running up for another week or two. At which point you will want to swap to stable coin, let BTC do a decent dump which will take the rest of the market down with it for 2-3 weeks...
THEN buy your fav ALTCOIN. sit back and let the final blow off happen where everything sky rockets. that should be about 3 weeks or so ending later DEC. obviously that is the point to abandon all ships and just turn it all off. maybe put a low lev large size short with stops on. :) THIS last bit, really is the hard part.
That would put BITCOIN at around the same price point as the 10th of OCT 2017 nowish on 12th OCT 2021 lol
to note;
- i see a lot of people saying wait till btc top tops then buy alts. historically that was incorrect, it was the drop at the launch pad of the final pump that you wanted to swap to alts. the major returns were found for those 3 weeks or so after that drop towards final top on btc.
- shit is gonna go down fast when it does so have a plan of some kind. if the bull is still here and this happens potential returns can be life changing with some alts. dont forget to pay yourself with something other than magic beans.
glhf
BTC Dominance - A Nasty Retest? A retest of this level, previously seen as a strong resistance, provides a nice support if BTCDOM were to turn in favor of altcoins
I have tried to demonstrate this with 1-2-3-4 pattern
BTCDOMINANCE is slowly turning around, very slowly
The above chart contradicts this chart, suggesting the recovery will occur sooner
$BTCDOM/USDT 3h (Binance Futures) Falling wedge break and retestBitcoin Dominance index seems to be reversing while Bitcoin is trying to make new All Time High.
Current Price= 1072.4
Buy Entry = 1066.0 - 1049.2
Take Profit= 1111.9 | 1170.6 | 1240.1
Stop Loss= 1012.2
Risk/Reward= 1:1.2 | 1:2.49 | 1:4.02
Expected Profit= +20.52% | +42.72% | +69.04%
Possible Loss= -17.16%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 4x
Estimated Gain-time= 3 weeks
What's next for BTC.DBTC.D is showing signs of weakness, it followed my prediction perfectly until now.
What's next for BTC.D?
I see it bouncing from the 0.384 level to the golden pocket (0.618) and then making its way down.
BTC.D , Classic Analyze , D1Hello everybody, I think after a break out we can choose the best, so before a break out it's better if we just keep watching that
Alt season or bit season ? that's the point !!!
Altcoins SEASON INCOMING 🚀🚀BTC Dominance is one of the major signs of ALT Season return or arrival.
The lower the Score on the BTC.D card, the better for rally of Altcoins . On the other hand the higher the Score , the bad for altcoins .
Technically, we are in a descending channel , setting up nicely along with it. See where I marked Flat Top sent it downwards previously, which is responsible for current Alts moves, but that's just tip of the iceberg.
It failed to make Higher High but did Lower High instead ( Red Flag )
At the moment, it is moving within GP ( golden pocket ), though it already punched through it once . If it cannot make it out of GP, that means drop is imminent
Various levels of Resistance on the chart where I expect near rejections . To take it down towards mid-channel, then bottom of channel.
With all these on the charts it is obvious ALT SEASON may just be around the corner . Where all tokens will go parabolic, even meme coins will follow. 🤑🤑
Keep watch and fingers crossed on this one.
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BTC DominanceDescent pull back with the dominance over the last few days with Bitcoin falling just short of 48% dominance.
Surprised to see ALT's hold there value on that last push which tells me the money isnt ready to flow yet or maybe its about position more money into a liquidity pool to shake them out.
Either way I see BTC making a big come back very shortly after this consolidation and seeing the sat price rip once again until we get over 50%
BTC DOMINANCE INDEX AREAS, S&R LEVELSBitcoin dominance is the measure of Bitcoin's market cap relative to the market cap of the rest of the crypto industry. When BTC Dominance increases, alts, on the whole, lose value against BTC. When BTC Dominance decreases, alts on the whole, gain value against BTC. Therefore, the Bitcoin dominance is described as the ratio between the market cap of Bitcoin to the rest of the cryptocurrency markets. It is just a measurement based on the circulating supply and current market price.
Binance BTC.D Index is a cryptocurrency price index reflecting the market dominance performance of Bitcoin. The BTC.D Index is a metric that traders can use to quickly get a sense of Bitcoin's value relative to that of the broader cryptocurrency market.
- Resistance & Supports Levels are given in this idea. (Short term)
Good Luck!
Trade Accordingly.
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Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
Get ready for ALT SEASON 🛸🛸Hi guys
Given the growth we have seen in bitcoin, we see that altcoins have not grown much, and this is because bitcoin's dominance is increasing, which means that the money that enters the market is spent on purchases. They become bitcoins and not altcoins, but in the next few days we will see a drop in bitcoin dominance and a severe pumping of altcoins, be prepared.
BTC.D Approaching Key LevelsBitcoin Dominance approaching key resistance area, let's see the reaction and I am hoping it to get rejected on this area and ALT might get some bounce!
USDT.D Chart update#USDT.D 4H Chart update
USDT.D has been moving in a downtrend on both HTF and LTF.
However, it currently broke out from the descending channel on LTF where it could be reaching 3.01% before moving down again. However, if it breaks through that level, we would be expecting a rejection from the 4h breaker else it would be breaking previous highs on HTF that could result in bullish moves which is not expected.
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Best Regards, Reda Souhail™
Bitcoin Dominance about to get sent.Take care if you trade BTC pairs, this seems like a double bottom just like 2018.
