Hey Traders! We're approaching a crucial moment for BTC dominance as it hovers around a key resistance zone. I'm anticipating a potential breakdown, with the possibility of it revisiting the low of February. Stay sharp and make the most of the market opportunities ahead! Happy Trading!
The BTCDOM/USDT chart shows Bitcoin's dominance in the market, with current trading levels around 2,782.5. The price action has seen significant movements, including sharp rises and corrections, indicating a highly volatile market. Key Points: Support and Resistance Levels: The price recently tested a high (HH) near 3,005.8 but faced strong resistance, leading...
Here's the current dominance chart. Notice the breakdown? This move appears to be more of a retest and it's nearly complete. That's why I'm accumulating some altcoins during dips. Futures trades are risky right now, so I'm holding off on sharing much in that regard. We need to wait for a strong rejection, which seems likely to happen soon. Patience is key,...
CRYPTOCAP:BTC.D BTC.D i am watching it on weekly time frame. Graph is showing me bearish movement. firstly RSI bearish divergence. And its a rising wedge it can fall to 50% to 48%. its my thought. That can lead Altcoin market to the moon. NOT A FINANCIAL ADVISE DYOR.
BTC.D is in rising wedge since Nov 2022. It's getting closer to the apex area. 82% rising wedges break towards downside. It seems that BTC will chop around in this after halving period, takes liquidity from both sides, and then will have a parabolic move by Aug-Sept 2024. Once BTC.D reaches the reversal zone range of 56-58%, it should break this rising wedge if...
#BTC Dominance: The Moment We've Been Waiting For. The true alt season begins when ALT/BTC pairs start displaying strength, and I believe we're already seeing signs in several altcoins. I'll be sharing more details soon. The liquidity exiting the market is poised to flow into solid altcoins. You have to be patient, No FOMO! Follow me if you don't yet, and hit the...
Hello everyone, welcome to the article! I'm Cryptorphic, and since 2018, I've been accurately predicting BTC Bottoms and Altseasons. I'm eager to see if we can do it again this time! Those who've been with me for a while know this isn't about boasting, but rather about getting your attention on the right track. By the time you finish reading this article, you'll...
BTC.D is in rising wedge since Nov 2022. It's getting closer to the apex area. 82% rising wedges break towards downside. It seems that BTC will chop around in this after halving period, takes liquidity from both sides, and then will have a parabolic move by Aug-Sept 2024. Once BTC.D reaches the reversal zone range of 56-58%, it should break this rising wedge if...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Everything on the chart. The minimum requirements for the formation of an impulse in wave (C) have been completed. Confirmation of fall - 54%. Alternative: one more upward movement in 58-60% zone, then trend reversal. Longterm target zone: 35...
✍️Altseason refers to a period in the cryptocurrency market when alternative coins (altcoins) significantly outperform Bitcoin. This phenomenon typically follows Bitcoin’s halving events, as capital begins to flow from Bitcoin into altcoins. The most notable Altseasons occur when ALT/BTC pairs gain strong market traction. ✍️The duration and intensity of Altcoin...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Waiting for trend reversal, target zone: 49 - 50% risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Like for me, we're completed our upward movement in form of ending diagonal Time to decrease, minimal target zone 45.5 - 44.5% cancellation of scenario - 48.5% Good luck everyone! Follow me on...
I believe the rally will continue with altcoins therefore causing BTC to lose its power in short-term. Invest at your own risk.
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Like for me, we are finishing the correction in wave (ii), after which I expect a global decrease in dominance. Target zone: 33-30% cancellation of scenario - consolidation above 48.5% Good luck...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. we completed the correction in wave of (ii), now I expect a decreasing dominance in 33-30% zone, cancellation of scenario - consolidation above 48% Good luck everyone! Follow me on TRADINGView, if you...
Bitcoin fails the Howey Test, because it is the only (crypto)currency without an issuer (government, corporation or "foundation"). Therefore, it is considered a commodity by US law. Every other altcoins passes the Howey Test. That means that other cryptos are actually securities in the eyes of the US law. But these securities aren't registered to the SEC, so...
Here we can see that "BTCDOMUSDT" in 1 day time frame has a trendline resistance at "1432" and a support zone at "1341". If the price takes rejection from the resistance zone we can look for a good SHORT TRADE here. Entry zone at "1432" with a Tight Stoploss at 1455" ans a Target of "1340". ENJOY!!!!!
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Nothing has changed from my last (LONGTERM) idea. Earlier, I assumed a decrease in the dominance of bitcoin to the level of 40% in wave (b), which, as you can see, we got. Now I expect a wave (c) somewhere...