Btcdominancechart
#BTC/USDT 4HR CHART UPDATE !!Hello, traders welcome you all to this BTC 4hr chart update.
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Let’s look into the chart,
As expected BTC was unable to hold the $24.4k level and got rejected from the upper trend resistance and a meltdown by already 5%.
In the current scenario, BTC is moving downside towards the lower green support at the $22.6k level.
As bulls are holding long above $23k so until BTC is able to hold above this range nothing to worry about here.
IMO, we should wait for the weekly close and need a close above the $23k level.
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This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#ETH/USDT 4HR CHART UPDATE !!Hello everyone welcome you all to this exclusive ETH4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As ETH is currently trading at the price level of $1700 after a sharp regain of 305 from the price level of $1360.
In the current frame, ETH got rejected from the upper trend line resistance of this channel pattern and currently trading on a green support zone.
From the current level, a bounce is likely above the upper trend line resistance to break above to rally towards its upper higher levels.
ETH needs to sustain this level to rally above the candle close below the green support zone will again lead ETH towards lower trend line support at the price level of $1500.
Let’s see how it goes in upcoming hours and whether ETH be able to break above this trend or not.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
As we can see in the above-mentioned chart that BTC was rejected from the $20400 price level after a quick bounce of 8% from the lower green support.
In the current scenario, BTC is trading above the local support line at $19888.
Bounce above this level is likely in upcoming hours towards the resistance level again.
BTC needs to break above the current resistance to rally above $22k.
BTC is still uncertain so keep your SL tight on your holding positions and use low leverage to save your valuable funds.
Candle close below will lead BTC towards the lower price levels.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask relating to this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
BITCOIN DOMINANCEBTCDOM/USDT looking bullish we have a STRONG Support Trendline on Dominance and we have Demand Zone on 15min timeframe im waiting for this move on BTCDOM
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
#BTC/USDT 4HR CHART UPDATE !!BTC was unable to hold the lower trend line support and broke below here
Hello members as we can see BTC does not played as we have expected here, it was unable to sustain the lower trend line support and broke below.
IMO, it can also be a fake-out don’t know but, a candle close below the current candle will change things.
Here we should wait for the weekly close which will be the direction point for BTC’s upcoming PA.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
BITCOIN DOMINANCEBTCDOM/USDT just watch Bitcoin dominance starting to push down this plays a big role on Bitcoin where you can see a big Resistance zone on this chart if that resistance cant broke we are Bullish with BITCOIN for my opinion we can Take 22000$-23000$ if Dominance start to drop more down But if that resistance Broke We are Bearish and we comming first 19000$--16000$----14000$
ENJOY
#TETHER/DOMINANCE DAILY CHART UPDATE !!Hello, community members welcome to another USDT DOMINANCE chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see from the above-mentioned chart that USDT DOMINANCE is currently facing the resistance level in the daily time frame.
Rejection will bring relief to bulls and it can drop down to the level of 5.50%.
Break above will lead ALT COIN to bleed more and it will end up things horrible.
Let’s see how USDT DOMINANCE performs in the upcoming days.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Must read BTC IMPORTANT WEEKLY UPDATE !!As we can see in the chart mentioned above that BTC is currently trading one support of green MA.
If we consider the past and do some backtesting then it is clearly evident that BTC holds the green MA very well but it always moves downside to touch the lower trend line support, so here I am expecting a wick off from the lower trend line support and rally to print a new ATH.
Whenever BTC bounced from the lower trend line support it printed new ATH.
At the top of this chart, BTC also printed a double top pattern and a triple top is likely in the upcoming days.
In another scenario, if BTC breaks below the lower trend line, this chart will be invalidated.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thank you
BTC DOMINANCE WEEKLY UPDATEHello guys, here's a weekly update on the BTC Dominance chart.
We can see BTC is trying its best to maintain and stay above the $28k support level and on the other hand, the BTC Dominance is breaking all the ceilings. In the hourly and daily chart, the dominance is increasing and the picture isn't clear enough to understand where the resistance is. But in this weekly chart, we can actually see resistance 1 at 49.9% and resistance 2 at 52.9%. It is interesting to see that resistance 1 (49.9%) is the same resistance level from where the BTC.D got bounced and rejected multiple times in the past and once when the BTC.D broke above the R1 level, it made support at 52.9% which is now a resistance 2 level.
If we are expecting a bounce in the market then these are two resistance levels from where the BTC dominance should get rejected. Also, if BTC is completely bearish with a possibility of getting rejected below then our expectation then the BTC dominance can aim towards the 69% range which will be a 76% rally from the lower support trendline.
So, let's be vigilant cause the next move in the market will surprise us.
Thank you.
BTC.Domination Analysis 9 June 2022#UPDATED
#BTC.D Analysis
still moving in ascending channel and rejected two times after hit nearly major resistance. but if we see from indicator BTC.D showing in overbought area which shoudly down first to retest indicator
center trendline be strong resistance any 4 times trying to breakout always rejected and back to support trendline
i this situation can't expect much . Alt season will happen if BTC.D breakdown And BTC sideways or up and instead if BTC.D up or pumping we will see ALT dominant dump
#BTC.DOMINANCE 1Hour CHART UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this BTC.DOMINANCE 1Hr chart analysis.
Now Rejected from resistance and Holding 47.11% support.
We can see more Blood baths in #Altcoins
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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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#BTCDOMINANCE 2Hr UPDATE BY CRYPTOSANDERS !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this BTC.DOMINANCE 2Hr chart analysis.
As we can see from the above-mentioned chart that BTC.D is trading inside the bear flag pattern.
BTC.D rejected from the upper trend line resistance and will move downside towards the lower trend line at the level of 46.80%.
Break below the lower trend line retest will trigger the BTC pair altcoins to rally upside hard.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Sorry for my English it is not my native language.
Thanks.
USDT dominance: tool to anticipate rotation back into BTC+altsUSDT dominance, like in my last BTCSHORT post, is also a useful tool to approximate when BTC may bottom & when USDT coins will rotate back into BTC+Altcoins.
This monthly chart suggests that BTC still have some room to fall (still a small space to reach the top of wedge) before a real rally.
Not trading advice
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
BTC DOMINANCE | BITCOIN | ALTCOINS: THE RELATION.Hello guys, this is the BTC dominance update in 2 days timeframe.
Things are taking quite an interesting turn in the market. I am not completely sure yet but comparing the BTC dominance with Bitcoin and other altcoins, looks like some big move is about to come.
Let's compare the dominance and BTC chart side-by-side.
Bitcoin: In my recent BTC update, BTC is holding the $28k support level and it is trying to bounce back. The RSI is at the oversold area and most likely it's gonna rally higher.
BTC Dominance: We saw BTC.D making greens for the last couple of weeks breaking out of the upper trendline and also close to hitting the resistance level. The RSI on the other hand has crossed the 70 level which shows a clear sign of rejection.
What I am understanding from the current scenario is BTC is trying to make a bullish rally and the BTC dominance is possibly getting rejected. According to the experts, whenever the BTC.D gets down and BTC goes up, the altcoins go up quicker.
Is that possible in the current phase? Are we going to see a bullish rally or is it just a trap? Well, I am not sure enough to confirm it. Like I said many traders including me are assuming this to be a bear market but nobody knows exactly and no one can be deadly accurate at this. It is all a probability. As of now, for this chart, my invalidation point will be 47% resistance level. If the BTC.D breaks above this then all these assumptions will go to nothing.
What do you think about this? Do share your ideas and correct me if I am wrong.
I'll see you in my next update.
Thank you.
#BTC.DOMINANCE 1DAY UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this BTC.DOMINANCE 1DAY 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 for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Sorry for my English it is not my native language.
Thanks.
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
#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.
THANK YOU.