#CHRISTMAS RALLY INCOMING OR JUST A TRAP?CRYPTOCAP:BTC Dominance is Finally Seeing a Rejection!
The upcoming weekly close will be critical for ALTCOINS.
The rejection looks good and it's important for BTC to stay stable for the altcoins to pump.
The weekend is here and you don't decide on a trend on the weekend, you must wait for a weekly close and how traditional markets open.
So more clarity will be seen on Monday.
Is this the start of the altcoin rally you've been waiting for?
Or is there more pain ahead?
The answers will reveal themselves soon.
So make sure you follow me on all socials.
More updates will be posted on confirmation!
I’ve shared 13 altcoins on request in my TG, and they’re already up 10%-25% in the last 4 hours.
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#PEACE
Btcdominanceshort
Alt Season Incoming There is more than 3 parameters that we're getting into the Alt Season. But we only need 3
OTHERS.D as you see made a positive divergence exactly on 0.618 level of long-term fibo and, Touched the up trend-line for first time and showed pump reaction .The only thing we need is to break the down trend-line .
ETH.D had made a rising wedge and its going to dump or getting into trading range .
BTC.D raised for a couple weeks and its getting to the 0.5 level of retracement fibo and it has potential to make negative divergence .
BTC.Dominance Elliott Waves Analysis (LONGTERM)Hello friends.
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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%
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BTC.Dominance Elliott Waves (LONGTERM)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.
Target zone: 35-30%
cancellation of fall - consolidation fix price above 48%.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
#BTC Dominance Rejection in progress.. ALTSEASON??#BTC Dominance getting rejection from the resistance. Reason we are seeing some green in many Alts across the market.
ALT/BTC Pairs are likely to continue the rally unless broken upside.
The trend for alts look 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.
Make sure you keep enough cash to buy the Dips and always DCA your entires and use SLs.
Cheers
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#PEACE
Let's not catch a falling knife .CRYPTOCAP:BTC.D
We are being rejected of the monthly supply and might head downwards in sometime which may let the alts to rise. We have made a triangle in which price tried to brekout upwards but seems to a fake-out now to trap late longs. Bitcoin bottoming and Dominance going down can give provide us with at least 15-20% for now.
PS = Still holding 50% USDT for future use i want to catch a dip not a falling knife.
ALTS CAN RISE AGAIN !BTC.D I'm seeing a reversal at this point , next weekly open can be good for alts in my opinion 44.62% and 44.17% acting as a strong resistance here . But on the other side if we close a few daily above 44.62% we may see another blood bath in this month , else a drop till 42.63 level is quite possible . BTC might range till 20Th of may and Dominance going lower . What might be a best to to load a few dips ? Though save some USDT for future use .
#BTC Dominance is Bearish! Massive ALT SEASON will trigger soon.Although I have been calling for an Alt season for the last 4 weeks.
A massive rally looks imminent in Altcoins.
Below are the reasons we can see an Altseason trigger:-
1. Close below 21 MA confirmed
2. close below 50 MA confirmed
3. Possible bearish Crossover below 21 MA below the 50 MA.
4. BTC Dominance got rejected from the red resistance zone.
5. Multiple indicators show signs of bearishness in this chart.
Invalidation:- Dominance staying above the 200 MA is a problem. Dominance must break below it to confirm the trend.
The lower target for Dominance is around
Let me know your thoughts.
Thank you
#PEACE
BTC.D - time to fallHello friends.
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Everything on the chart.
Target zone: 35-30%
cancellation of fall - consolidation above 48%.
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 Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BIG BIG OPPORTUNITY! ALTSEASON?Altseason might be starting right now!
Btc.d broke under a support i drew on the daily. But why would that mean altseason is coming? Because there is a big bearish divergance in the rsi on the weekly chart which is shown through the yellow lines. This means btc.d can make a low lower than the previous lows at 39%. Btc.d could also break the channel's support line which would result into a biggest altseason with all altcoins surging!! Accumulate your favourite altcoins now so you don't miss out!! If you want some altcoins suggested, scroll through my ADA, CAKE, JASMY and FTM ideas to see if they're worth your money!
#BTC Dominance following the path! Part IIWelcome to this extensive analysis BTC Dominance.
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Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
BTC Dominance is following the previous chart so far.
Although there's some initial rejection at the red zone. A break above that red zone is likely which will take us to 45.5% range.
A rejection at that point could result in fireworks across the btc pair altcoins.
For now expect some more bloodbath in Altcoins till dominance reaches the legacy trendline resistance which will eventually give us some good buying opportunities.
We will asses our strategy to enter altcoins when we reach there.
It's better to wait for now.
Invalidation:- Daily close below the blue MA.
What do you think of this chart?
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#PEACE
Will bitcoin dominate 2022!?Guys, before i start this analysis I believe BTC.D is a LONG in the short term till it hits about 45% as that is the resistance of the downtrend channel that is visible. I'm guessing it will happen in about a month. Anyways, this chart shows that a bearish divergance is getting created on the weekly timeframe. Right now it kinda got created but its very small and not visible yet. Once BTC.D reached 45%, the bearish divergance will be huge and visible and that will cause it to dip and A BIG ALTSEASON IS WILL BE TRIGGERED TO START!!! Look at my ADA/USDT and ADA/BTC analysis to see why I am accumilating ADA for the altseason and DYOR. I am not giving financial advise this is just my ideas of ADA being ready to prove all the haters wrong of it having become "trash". DYOR DYOR DYOR!
#BTC Dominance ALT SEASON in Q2 Possible? Here's Why!Welcome to this extensive analysis of Bitcoin Dominance
If you are reading my updates for the first time, make sure you follow me if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
BTC Dominance bounced and pumped almost 4% since the last chart.
Expected this growth and asked you not to go long on BTC pairs.
Hope you listened.
The charts show potential for more growth in BTC Dominance.
Once we hit the legacy trendline resistance, a rejection will cause rallies across the market in BTC pair altcoins.
This is why I expect a nice second quarter, especially for Altcoins.
CONCLUSION:- Bitcoin Dominance should rise to almost 45.50% We will see later whether it breaks the long-term resistance or gets rejected from there. It's early to come to a solid conclusion. Close above that level means BTC will hit new ATH and Alts go cheaper.
Invalidation:- A close below 50D MA will invalidate this chart.
What do you think of this chart?
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Thank you
#PEACE
BTC.D - ALTSEASON IS COMING! PAY ATTENTION!Hello friends.
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Everything is according to plan.
I don’t know if wave (e) has already been set or we will only start to form it now, in any case, I’m waiting for the fall of bitcoin domination, we will confirm the fall by breaking through 40%.
Target zone 35-33% and possibly 30%.
There I will sell altcoins and go to fiat.
cancellation of fall, consolidation above 46%
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTC.D - SAY "HELLO" TO ALTSEASON :)Hello friends.
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Everything is according to plan.
Nothing has changed from my last idea.
Target zone 35-33% and possibly 30%.
There I will sell altcoins and go to fiat.
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 Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.