BTC/USD weekly time frame UPDATE !!Hello, welcome to this BTC /USD weekly time frame chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- BTC bounced off the historical trendline and declined below support on the weekly time frame with a solid bullish volume. The bulls also recaptured the powerful horizontal support, which shows the strength of the bulls.
Currently, the bulls are facing the previous lower high resistance at $21.5K. We need to look for an effective breakout of the falling wedge, which would confirm a solid rally in the market.
This is not a piece of financial advice.
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Btcdominancechart
BITCOIN DOMINANCE: A RALLY EXPECTED!Shalom traders! I hope your weekend went well. Another week we ended up with some good profits and BTC still holds the support level. Today, we will analyze the BTC dominance chart and what this could mean for the market.
Timeframe: 3 days.
Update: BTC dominance has been a helping hand for the traders to analyze the upcoming move on BTC. As we can see in the chart that the BTC.D is under a trendline and it has been beautifully following it. According to the chart, we can expect a rally on BTC.D in the upcoming days which means BTC and altcoins in the BTC pair may possibly rally. The invalidation point will be the lower supporting trendline at 38.8%.
That's it from my end.
Thank you.
BTC Dom UpdateEven though we are going through bear season we haven't seen money flowing into bitcoin.
Looks like it bounced from yellow area which means if we see candle closing above green area we will see some bearish movement on altcoins.
Even if it's fake i am expecting it to go up to 43.17 % level at least.
BITCOIN.DOMINANCE 2DAY UPDATE!!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.
BTC .D UPDATE:-BTC.D bounced from the horizontal support, currently facing local resistance and trying to break it.
An upward direction is expected if it successfully breaks out the local resistance. If it happens then we've to be cautious with ALTS.
Another possible scenario is a continuous rejection that would lead to the formation of a double top pattern, which would give a relief rally in ALTS.
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.
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.
BTC dominance headed towards 50%!!Here's a quick look at the bitcoin dominance chart. As we can see, the dominance has retested the 39% region and is currently bouncing from that region. The last three times the dominance touched the 39% region, the dominance jumped hard!
The current bounce in the dominance could mean that Altcoins are falling at a higher rate than BTC, which means that Altcoins are getting rekt (Which they are!). Therefore one should stay away from trading Altcoins due to the increased risk and high volatility.
Stay safe!
#BTC/USDT 4Hr UPDATE. !!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.
BITCOIN UPDATE:-
In the short term, the apparent bullish divergence between the price and the RSI indicator indicates a possible rebound for Bitcoin in the upcoming days. The price must first penetrate the descending trend line (marked yellow).
Considering the mentioned divergence and the strength of the $19K support level, there is an opportunity for a rebound in the short term. A correction towards the $22K level could take place before the next significant drop to attack the $18K threshold again.
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.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC Dominance heads and shoulders patternYes, it's early to predict but we have left shoulder, head only right shoulder is missing but in future we get the rights shoulder as well then we saw the downtrend rally and in the other hand BTC rally will hopefully in uptrend so, keep on eye on Dominance and trade safely
If you like my thoughts
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#BITCOIN DOMINANCE 2DAY UPFDATE !!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.
BTC.D UPDATE:-
BTC dominance breakdown horizontal resistance retested successfully and currently moving towards its demand zone. As BTC.D is bearish and BTC is showing sideways behavior, that would be a bullish sign for ALTS, if BTC moves sideways or move upward.
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.
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.
#BTC/USDT 4HR CHART UPDATE !!Hello, traders welcome you all to this BTC 4hr 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 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.
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.
#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.
Thank you...