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Btcdominancechart

Watch BTC dominance close tomorrow!!!!BTC dominance continuing to fall now we are a decent bit under our long term support and if we see a close this low or below this support we could see a bigger drop resulting in an explosive altcoin run. If BTC dumps which it doesn’t seem like it will, but if it does we will see the market get dragged down with it momentarily then alts will fly and really start to shine! Our ichimoku cloud still pushing down with bearish clouds. The RSI is pointing down and our stoch looks a little bullish but could still reverse back. Just something to keep in mind for tomorrow, not financial advice just my opinion!
CRYPTOCAP:BTC.D
by JacobR905
WATCH BTC DOMINANCE!Bitcoins dominance is getting very close to our long term support once again weakening every time we bounce off of it. Last time we broke through this long term support we dove straight down to the 57% support but did rebound, keep in mind the distance between the long term uptrend support and 57% support was much much shorter. Now we are looking at a bigger drop and recovery, also if we did fall below to those levels we possibly could get rejected on the way back up. we do have the bottom FIB level as support too so i think we wouldnt fall too hard. The MACD is still bearish and the coppock curve is pointing down still. If BTCs dominance does start falling thats when altcoins will really start to shine outperforming btc in most cases. if we recover and start going up atcoins will still perform well and follow BTC. NFA just my opinion, definitely watch the daily close to get a better idea of whats next.
CRYPTOCAP:BTC.D
by JacobR905
The situation BTC.DAlthough some Altcoins have grown well, it is still too early to start the season. The dominance should test the channel ceiling again. It is almost at MA 50 that this growth can be accompanied by a slight decline for the currencies that have been growing for this period. To start the Alt Season, Bitcoin must remain in the side range (range) and lose the daily support 57.10% support, then it can be said that the Alt Season has started. And remember, even with a drop in dominance and a drop in bitcoin, there is no tool
CRYPTOCAP:BTC.DShort
by DarkAnalyzer
1
Bitcoins Dominance (BTC.D) CHEATSHEET (wen altszn ?) part 2ndHello everyone, This is extended update for previous idea made approx. year ago in Jan 11 2020 I think that wave A-B as well as smaller x-w-y-x as previous expected by E-W rules has played out and we are sitting on 61.8% of BTC.D at time of writing This is very important zone to watch (White line+arrow aims to our current place) BTC should bounce or keep dumping towards wave C and z also I realized that if this Head & Shoulder formation (Blue lines and triangles) plays out there is possibility that BTC.D might revisit psychological 50% or even go lower What supports this idea deep further is exactly the opposite pattern formation from the % side of others cryptocurrencies dominance MAs as well as increasing volume also shows huge altcoins interes and TOTAL2 (Total cryptomarket cap exclude BTC) is on huge grow Hope you like this Bitcoins dominance (BTC.D) mid-long term deep analysis. If YES feel free to leave the feedback below the chart in the comments. and if NO still feel free to give me a kick so I can make next chart more pleasable to understand and read for everyone from newbie to more skilled traders and still bring usefull info to multiple people of different skill levels ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
CRYPTOCAP:BTC.D
by Anoinvest
6
BTC.D - Bitcoin Dominance returning to previous bottomBitcoin dominance is nearly at a free-fall. Meanwhile TOTAL 2 Marketcap (the total altcoin marketcap without btc) is at its previous all-time high. We may see a very nice rise in altcoins here for some time, especially should BTC Dominance confirm the expected head and shoulders pattern. I think this is likely having exited its channel strongly with a poor attempt at re-testing a re-entry near the bottom of that channel. Though a 2nd re-test is possible. On the other hand, this may also mean we that are nearing the end of our bull run (within months).
CRYPTOCAP:BTC.DShort
by dudebruhwhoa
2
#DOMINANCE Should Fall! But for how long? On demand Chart!Dominance bounced around the 57 level in September second week. That was the time when I posted a chart and warned everyone to hold more BTC and minimise your exposure in altcoins. Since then we have seen correction in altcoins for almost 76 days. Now it got rejected from the upper trendline resistance of the channel. What can we expect now? I am expecting Dominance to fall from here. 64 Level was crucial and it already broke below it and currently retesting this level. Alts. must perform well for at least next 3 to 4 weeks. Alts are taking a hit right now while BTC is under a short term correction. The next crucial levels to watch are 61.20 and 58. If Dominance breaks below the 61 level the alt season may get extended to almost 56 days. History says Nov to Jan are good for altcoins. I am holding the few altcoins that I posted like BLZ CTSI DUSK PPT and will add more on confirmations. I will be posting altcoin setups soon, stay tuned. Do hit the like button if you like my simple updates and share your views in the comment section. #PEACE
CRYPTOCAP:BTC.DShort
by Cryptorphic
27