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Cryptorphic

#BTC Dominance more down ? Alts will rally again!Welcome to this quick update. BTC dominance got the support on 50D MA and retested the mid line of the channel. With strong resistance the mid line didn't break yet. I am expecting THE CURRENT DAILY CANDLE to close negatively within the daily close. If it does alts will be green within tomorrow as it will confirm the rejection. I have posted some alts in my telegram channel like BEAM DREP ALGO WABI STX BAND GRS ZIL and many more which will be a very good hold for the month of JUNE. My previous 20 altcoin setups have played amazingly, like DREP 15 sats to 57 sats : 280% THETA: 1100 sats to 6400 sats : 480% RVN, MATIC, CELR OVER 100%.. and many more. Trading all of these signals perfectly. Reason is following DOMINANCE for which I always keep you updated and getting into the right alts at the right time. Stay tuned I'll keep this idea updated as always. Thanks for reading, please hit the like button if you like this update. #Stay safe #PEACE
CRYPTOCAP:BTC.DShort
by Cryptorphic
11
#DREP/BTC Mid term 100%+ Potential ProfitHello guys welcome to another altcoin update. You should've noticed that this is the fourth newly listed altcoin on binance which I am posting for you all after CELR, SOL and CTSI. These are new projects with potential for a long term gains. In this chart You can simply see price broke out of the trendline resistance and trading above it. The green region is a good accumulation range so far. Traders are buying within this range. I expect it to go sideways within this range for a while and breakout to the upside targets. So here's the trade setup for you all: ENTRY: 15, 16 and 17 sats TARGETS: 21 25 30 34 Stop Loss: 14 sats. This is a safe trade but I would recommend if you intend to take these trades, do your own research and invest only a little amount for the trades because these are new charts with no historical data. Please hit the like button if you like my work. It motivates me to work more for you all. THANK YOU SO MUCH FOR THE LOVE AND SUPPORT IA AM GETTING FROM ALL OF YOU ON Tradingview twitter and Telegram. Thank you #PEACE
DLong
by Cryptorphic
#BTC didn't break the Channel. Bulls aren't giving up yet.It’s Subscribers like you that make my IDEAS awesome. Thank you very much for your unwavering attention and support so far. Cheers! and welcome to this new update. Let's GET BACK TO THE CHART and keep it short and simple. BULL SCENARIO: 1. As you can see in the chart itself that BTC didn't break the channel yet. 2. The violet area is the one which is important and as long as this area holds and the channel doesn't break bull trend is still intact and we can call it a correction. 3. I think we can retest the green box area: $9300 to 9480 level for the short term. 4. $8600 is the 200D MA support which is always a strong support to count on. 5. 50D MA is at $9500, we broke below this resistance but the retest is still due. 6. The retest to the blue line which was the ascending triangle channel lower support line is still due for a retest. These indicate that BULLs are still strong and haven't given up yet. BEARISH SCENARIO This is very important to be kept in mind you need to be very vigilant about this Any break below this channel will be brutal for BTC. If it breaks, important support Levels to watch: $8500 $7800 $7400 $6800 If this break happens the bull trend will get extended for a significant amount of time. I know you don't want this move, this is exactly what the charts says right now. CONCLUSION: As in the last update 9200 was an important level for us and BTC broke below this support right now I am buying back with 50% of my USDT if it goes down to the mid 8ks. In the current chart it's certain that bulls are still trying to keep the price up. ANY BREAK BELOW THIS CHANNEL AND THE PRCIE OF BTC WILL PLUMMET SIGNIFICANTLY. If you like this idea please hit the like button and share your views and ideas in the comment section. #PEACE
BITFINEX:BTCUSD
by Cryptorphic
211
#WRX/BTC 4hour breaking outSince dominance is falling and most of the alts are popping like balloons. WRX seems to be breaking the resistance soon and coming out of its accumulation zone. It needs to break above this 1485 resistance level. Observe the chart and see how many resistances point to the same area. IF WRX IF ABLE TH BREAK THIS LEVEL JUST BYU IN FOR QUICLK 20% (Not financial advise DYOR). If it breaks the first target will be 1580 and second 1780 for short term. SL: 1320 This could also be a good long term hold IMO. Hope you all accumulated below 1400 as per my last analysis. Hit that like button if you like this update and m]more alts setup is coming. Thanks for reading #PEACE
WLong
by Cryptorphic
9
#BTC DOMINANCE Breakout within 7 days. DON'T MISS!!Hello guys welcome to this new update. Thanks a lot fir all your love and support so far. BTC has been doing great and followed almost all my predictions since it hit the brutal fall to 3500 in March. I have received much love and support on twitter tradingview and my telegram channel. Thanks a lot guys. Now let's get back to the chart. The chart seems very simple. A BULL PENNANT IS IN FORMATION. Research says almost 70% pennants break to the upside. Dominance is getting rejected from the upper trendline resistance multiple times. It is trying very hard to break that level. We know very well when a level is tested multiple times it gets weaker and weaker. 68 level is being tested since many days. A breakout is coming within the next 7 days. So what could be my strategy? ALTCOIN STRATEGY: I've been buying and selling some of the alts with strong fundamentals like OMG DGB CTSI STX MATIC and selling them. Not holding fro long. So better to book profits than to just hold them. I WILL EXIT MY ALTS IF DOMINANCE BREAKS AND CLOSES ABOVE 68.75 LEVEL IN DAILY. (Not a Financial Advise) But If It break to the downside I will ADD MORE ALTCOINS IN MY BAGS and I will share the charts here and in my telegram channel. So Follow me for such updates. Thanks for reading. Stay safe
CRYPTOCAP:BTC.D
by Cryptorphic
53
LTO/BTC Trade Setup 78% PROFIT POTENTIAL (RR- 1:12)Welcome to the second altcoin trade setup for this week. LTO/BTC Broke out of the falling wedge channel which is bullish in nature. Currently facing. the 50D ,A resistance Fundamentals: The team has announced they will be coming up with a good news at the end of MAY (HYPE drives the price to the upside) If this 50 MA Resistance is broken we can see it rallying for 68%. Here's the entry and target zone: ENTRY: 376 TO 407 TARGETS: 453 509 545 595 662 STOP LOSS: 352 RR-> 1:12 Please hit the like button and follow me for more altcoin setups, daily BTC ETH Updates. Market entry and Exit strategies and free educational contents. Stay safe #PEACE
Long
by Cryptorphic
18
#XNS/BTC (Insolar) Breakout! Ready for a 102%+ Potential Rally.Welcome to the third alt setup guys , #INS is ready for the next rally.This coin is on Kucoin. It just broke out of the long term falling wedge pattern, BUY THE RETEST. ENTRY: 8400 to 9200 TARGETS: 1. 10801 2. 12186 3. 14887 4. 17616 STOP LOSS: 8030 Highly likely this alt will pump as high as 100% in the mid term. Plus there's is maiinet 2.0 pending at the end of quarter 2 which will certainly drive the price up. Please hit the like button and share your opinion in the comment section. I'll be posting more alts signals a long with regular BTC and ETH Updates. So follow me. Stay safe #PEACE
XLong
by Cryptorphic
10
#ETHUSD Another BEAR TRAP or SELL SIGNAL?I am grateful to all of you for supporting my work recently. OUR COMMUNITY IS GROWING. I am grateful to every tradingview author who are working day and night to make these charts to help the community and the new followers for following me. Let's grow together. NOW COMING TO THIS CHART: There's a lot of information in the chart so please observe. The fractals show that whenever these kind of sell offs occurred we witnessed an upward rally. Take it as a bear Trap. ETH fell into our green support area where long bids were filled. In this chart ETH is holding the channel support so far. The BTC pair chart for ETH also looks bullish (another reason for not being so bearish on USD pair). 85D EMA acting as a resistance so far. CAUTION for longs: AS LONG AS THE ETH holds the $200 Level I firmly believe It will reach $228or even $240 and the start some correction. $200 ALSO HAPPENS TO BE A PSYCHOLOGICAL SUPPORT LEVEL. The whole chart shows a RISING WEDGE Channel which is bearish in nature so need to be cautious. CONCLUSION: We are LONG with two Stop losses at $198 and $191. SUPPORT LEVELS: 200D MA : 203.50 Green horizontal support lines: $180 and $192. If you like this idea please hit the like button and share your views in the comment section. A request to my new followers please follow me on twitter and you'll find the link to my telegram channel go and join for quick updates on BTC overall market, educational contents altcoin setups all for free. On twitter and telegram channel I share quick updates while markets fluctuates. Stay safe #PEACE
BITSTAMP:ETHUSD
by Cryptorphic
33
#ETH/USD Golden Cross: Long Entry +Targets BULLISHHello guys thanks for coming by to this update on ETH. In my last update I said we can break the $200 level soon if the resistance trendline is broken. ETH broke the resistance yesterday. ETH also seems to be having a Golden cross in this 2 hours chart. It did broke above the resistance trendline and waiting for a retest. BTC pair seems bullish too which will drive the ETH price higher. We can enter for a long entry on the retest of the rising wedge. #ENTRY: $197 TO $205.60 TARGETS: 1. $214 2. $219 3. $226 Stop Loss: $192. This is setup could be highly profitable if we look at the mid term targets and resistance levels. Mid term: Resistance: $227 $238 $261 Look at the chart and observe how I plot my moves as per the chart. If you like this idea please hit the like button and share your views in the comment section. Also share my latest BTC update.
BITSTAMP:ETHUSDLong
by Cryptorphic
59
#BTC/USD BULL and BEAR Scenario+ SAFE EXIT PLAN.It’s Subscribers like you that make my IDEAS awesome. Thank you very much for your unwavering attention and support so far. Cheers! and welcome to this new update. 6 hours back I updated my last idea that we will touch 9900 soon AND WE DID EXACTLY HIT 9900. WHAT NEXT? FIRSTLY UNDERSTAND THE CURRENT MARKET SENTIMENT: A week back people were bearish and no one wanted to long when BTC hit the 8100 area and BTC pumped and started trading under the rising channel. That move ended up being a wick in HTF. Now people are bullish and I must say very bullish. This is the concern. SO WE MAY SEE AN IMPULSIVE MOVE TO THE UPSIDE AND THEN A BIG CORRECTION. Currently BTC is trading under an ascending triangle which is due for a breakout. As per chart the breakout should happen within the next two days and 8 hours. If it breaks to the downside $9185 is the SL for longs or getting our of the market. And If it breaks to the upside we will follow the following strategy: MY STRATEGY FOR BITCOIN: I will try to lower my exposure from BTC within the area $9900 to $11680. THE SAFEST EXIT IN MY OPINION WOULD BE within $10400. (Not a financial advise) IMPORTANT LEVELS HAVE BEEN PLOTTED IN THE CHART ITSELF PLEASE OBSERVE AND LEAVE YOUR FEEDBACK. ALTCOIN STRATEGY : Because of this MOVE in BTC many altcoins will have negative rallies which will eventually result in producing new buying opportunities. That's is the time when we must consider entering alts by following proper TA FA and Keeping an eye on Dominance charts/alt mcap I will be posting all the charts here on tradingview. So please LIKE THIS POST AND FOLLOW ME FOR MORE DAILY UPDATES and FREE EDUCATIONAL CONTENTS. I will end this update with. this note - Never be too greedy, take profits when they show up. BTC is due for a correction its just about finding the top which now one knows so we try to exit safely and buy back lower by being patient. THANKS for your unmatchable support. Stay Safe #PEACE
BITSTAMP:BTCUSD
by Cryptorphic
236
#BTC/USD Cup & Handle to 10680 or 8400? Mixed signals ExplainedThanks for coming by to this update. BTC followed our last 3 charts perfectly. In the current scenario it's important to know the possible outcomes and be ready for the upcoming moves. BTC has been trading under a rising wedge since march 12 which is bearish in nature but since then we have seen an unstoppable growth with halving FOMO and mainstream media showing it everywhere. Now what do we see in this chart? BTC is currently forming a CUP and HANDLE pattern not at the bottom but at the top which somewhere keeps in doubt in the authenticity of this pattern. These are generally bullish patterns. So what do we expect in the coming days? IF we can break above the Orange dotted line which is the global resistance trendline since 20k I expect 10680 to be broken soon and we can see a very bullish rally for the next few months with some healthy retracements because WE HAVE NOT SEEN A HEALTHY RETRACEMENT YET SINCE THE 3.5 k mark on March 12. So you need to be vigilant on that. I expect the price to hit 10.2k and then 10.6 k soon if 9200 holds. THE ONLY LEVELE TO WATCH IS 9200ish. Other support Levels: 50D MA: 9218 85D EMA: 9179 Violet colour support line: $8514 200D MA: 8352. Violet colour support line 2: $7890 The green rectangular are is a good support zone. RESISTANCE: $9900 $10200 $10680 Caution : IF BTC BREAKS BELOW THE 9200 LEVEL THE FIRST LEVEL IT WILL RETEST WILL VBE $8500. My plan is to buy bitcoin lower of the 9200 level is broken to the downside. WEEKLY DIDN'T CLEAR MUCH DATA. BTC is still struggling to break the global resistance both in weekly and Daily TF. I will keep this post updated just like the previous ones. FOLLOW ME for: Daily BTC / ETH /Alt updates Free Educational contents Exponentially growing community. Also please hit the thumbs up if you like this update. Stay safe #PEACE
BITFINEX:BTCUSDLong
by Cryptorphic
166
#BTC/USD Heading for $8800 or making a higher high?Welcome to this quick update guys. Hope you all have been following my short term BTC updates that I'll be posting everyday. It can help you to make decisions on scalping, spot trading as well as Buying the local bottom and selling the local tops. FOLLOW ME FOR THESE IMPORTANT UPDATES. Coming back to this chart, BTC made a low at $9112 as per my last update. Currently it is making higher highs which is bullish in nature. Currently Trading above 25D EMA ($9454) and 200D MA which is acting as a strong support at $9255. Lower Trendline is also acting as a strong support so far. I have shown the two scenarios that seems likely to play out. Resistance for the short term remains the 50D MA at $9552 and the red cluster zone. If the price follows the white trendline which will lead to the formation of an inverse H&S will eventually break to the upside (unlikely but possible). If not and we break and close below the 200D MA , be ready to buy BTC at $8800 and lower. IMPORTANT NOTE (WARNING): As of now most of the traders are posting bullish charts besides weekly candle got rejected from the global trendline Resistance. Guys I think a brutal breakdown is likely if we don't break the 10700 level soon. So what should we do? I will be tethering the 9680 to 10200 level I I get the chance. In case the price breaks above the 10700 mark I'll buy back in but IF the price goes to lower levels like $7800 $7400 or even $6800 I will have the opportunity to buy lower. What do. you think? Is it a good idea? Please share your views and comments. Follow me for more future updates and give it a thumbs up if you like this. #PEACE
BITSTAMP:BTCUSDShort
by Cryptorphic
145
WRX/BTC 20% Proft Incoming!!Welcome to his quick update guys. WRX/BTC looks like facing the 0.236 fib level extension. fORMED A w PATTERN AT THE BOTTOM along with a double bottom pattern which is highly busllish in nature, I recommended you guys to buy within 1350 to 1450 and it came down to 1332. Hope yo got in. If you didn't you can buy within the range: 1450 TO 1510 Target is the green box for short term. and for mid term targets are: 1655 1788 1860 2035 SL: 1325 Please hit the like button if you like this update and follow me for more upcoming altcoin setups. I'VE ALSO ATTACHED THE LINK OF SOME ONGOING ALTCOIN TRADE SETUPS WHICH COULD BE HIGHLY PROFITABLE, DO HAVE A LOOK . Thank you #PEACE
WLong
by Cryptorphic
11
#BTC/USD Sideways action Is it Bullish or Bearish? Breakdown IncWelcome to this quick update guys. BTC/USD seems like it is forming a Bullish Flag in smaller TF. Last update has been very accurate and I hope you made some profits if you followed. In this chart you can see the Price retested the 200D MA as per my last update and bounced from there.Important Support levels: 1. 50D MA: $9428 2. 85D EMA : 9278 3. 200D MA : 9258 The dotted line shows the potential expanding CHANNEL in formation. I am expecting the price to follow the arrow as shown in the chart. $9980 to $10185 is important Resistance area. Any break above these levels will take price to 10700 level which seems unlikely at the moment. Until then I am bearish. IMPORTANT NOTE (WARNING): As of now most of the traders are posting bullish charts besides weekly candle got rejected from the global trendline Resistance. Guys I think a brutal breakdown is likely if we don't break the 10700 level soon. So what should we do? I will be tethering the 9980 to 10200 level I I get the chance. In case the price breaks above the 10700 mark I'll buy back in but IF the price goes to lower levels like $7800 $7400 or even $6800 I will have the opportunity to buy lower. What do. you think? Is it a good idea? Please share your views and comments. Follow me for more future updates and give it a thumbs up if you like this.
BITSTAMP:BTCUSDShort
by Cryptorphic
61
#BTC/USD SHRT OPPORTUNITY. Perfect Setup with HIGH R:R!Welcome to this quick update guys. When everyone was yelling at 7800 when BTC went to 83xx.. I told you don't panic sell. This is the time to long we made some good profits on this move. I speculated a move upto 9400, see my previous analysis. The link is given with this update, Let's get to this chart. If the current hourly candle closes above the white resistance trendline we can retest the previous local high 10180, If not we will retest the 200 D MA within the next 48 hours. We can consider opening short around: ENTRY: 9685 T0 9970 TARGETS: $9562 $9480 $9355 $9150 STOP LOSS (Must): $10044 Please hit the like button If you like this update. Thanks again. #PEACE
BITSTAMP:BTCUSDShort
by Cryptorphic
73
ETH/USD Long or Short? $168 OR $235? Don't miss these details!!Hey guys, welcome to this update. Firstly I want to thank you all for your support so far. I post only updates with high possibility. Let's get to the chart and try to keep it informative for both bulls and bears yet simple to understand. As people tend to like simple updates with clarity. ETH has been trading under a RISING WEDGE PATTERN (which is bearish in nature and certainly ends up breaking to the downside) since the last 58 days or so. It broke down 4 days back on MAY 10. IT JUST RETESTED THE lower trendline of the channel. BULLISH SCENARIO: (S2 - SCENARIO 2) In my opinion ETH seems more bullish at the moment because of the following reasons: ETH is holding the 50D MA at $197 ETH is holding the 200D MA at $191 Most importantly it is also trading above the 85D EMA which is my best strategy since I found it 2 months back. (Hope you've read my 85D EMA strategy that I posted on April 15 for ETH and April 25 for BTC, if not I'll leave the link below) MACD : Seems bullish crossover could happen anytime soon. RSI : Bullish, Trying to break above the 50 level, not too oversold or overbought. Trying to reach the optimum level of oversold zone which can certainly take ETH to some positive rally. Many traders didn't notice this purple trendline support, If you consider this as a valid support line we can say that we're still trading under this extended channel. Every detail is important, you'RE TRYING TO OUTSMART the 98% traders here. If this trendline works we may be bullish and see the upper targets soon. Conclusion: If BTC breaks above $215 which is around 7%+ from the current market price, a rally to the upside is highly likely with targets: 1. $235 2. $252 SO WHAT CAN WE DO? IF YOU'RE A BEAR AND SHORTED, You can put an SL at $216 or you can add short positions at that price. If it breaks to the down side you can have a low risk with High Reward Trade (This is exactly what matters, You need to get into the trades with low risk but high reward ratio) IF you prefer long you can wait for it to dump to the downside support levels, given n the chart or LONG with a daily close above $216. BEARISH SCENARIO: (S1 SCENARIO 1) The only thing that is bearish in the chart is the breakdown below the trendline. The target for such breakdown could be the important support levels as shown in the chart. CONCLUSION: Although the chart looks bullish I am bearish until the break and close above $215.I'll categorise this update in LONGS as I will try to get into ETH LONG AS LOW AS POSSIBLE. If ETH goes to the lower levels, $123 $148 $168 I'll add spot longs on ETH for the mid term. Hope this idea have been helpful for both the bulls and the bears. iF YES THEN PLEASE FOLLOW ME and HIT the like button. It will support me and motivate me to make more of such contents for you guys. THANKS AGAIN Stay safe Wishing you and your families good health. #PEACE
COINBASE:ETHUSDShort
by Cryptorphic
132
ENJ/BTC 300% Potential Profit till the EOY!Welcome to this update guys its been a long time that I didn't post the ENJ Chart. On Feb 11 I posted my ENJ Chart at that time it was trading around 1300 sats I said this alt will explode soon. It's approx 40% UP SINCE OUR ENTRY. After few weeks It was under Teeka Tiwari's (who runs his palm beach group with high fees) )long term picks for the year. I don't really like his concepts but the coins do pump hard just like DATA coin. I believe this coin can do very good in this year. The USD chart looks more promising. breaking a long term resistance. HERE'S WHEN YOU CAN BUY if YOU DON'T HAVE IT IN YOUR LONG TERM BAGS: 1. IF IT BREAKS THE ASCENDING TRIANGLE. 2. IF IT FALLS TO THE GREEN BOX: 1570 TO 1800. This setup is for long term. TARGETS: 2733 3430 4127 5110 Currently it is facing the .236 fib level extension which will break sooner or later. Follow me for such updates and hit the like button if you like this post. I WILL BE POSTING MORE ALT SETUPS SOON. SO FOLLOW ME IF YOU DON'T WANNA MISS THOSE CALLS. #PEACE
Long
by Cryptorphic
1
#BTC/USD is not BEARISH as you think. Be ready!!Welcome to this quick update. I am gonna share with you some important factors here. In my last BTC Idea I said BTC will try to retest the 9300 area but due to expansion in time period this figure got lower and we touched $9182 level respectively. Some important things to keep in mind: 1.The green area is a strong demand zone, $8100 to $8430. 2. 200D MA is still holding as a support. When BTC brokeout it didn't retested the 200MA what if it was just a retest and we're ready for another push to the upside? 3. Did you notice that yellow trendline in the chart? When BTC broke out it didn't retest this line and after 10 days It retested this line on May 10. So considering these two factors I still think we're bullish above $8100 level. I do understand that BTC is trading under a giant Rising wedge which is a bearish pattern in classical TA. Break below this will be devastating and we can see BTC to 7800, 7400 and even 6800 level but it's too early to speculate this. Unless we break below this wedge and the 200D MA my perspective will be BULLISH. What do you think? What's your thoughts on this? Please share your views and like this idea if it helps in any way. And do not forget to read my $132,000 per BTC prediction, the link is given below. Hope this helps. #PEACE
BITSTAMP:BTCUSDLong
by Cryptorphic
2
#BTC/USD, Told you it isn't that bearish. Scalp opportunity!Thanks for coming by to this update. I said in the last update BTC is not as bearish as you think. Many people asked me on twitter and tradingview whether to sell or not when btc was trading around 8370. Guys firstly I would like to tell you just be patient with BTC. Do not FOMO BUY or SELL. Wait for the right time and enter/exit according to proper strategy. Halving is complete BTC may come up with good surprises. BTC is trading above the support trendline which was respected. In the current chart I think BTC is ready to hit the upper trendline resistance which is the green box.. It IS TRADING ABOVE 200D MA now. Important support level is 8100 and 8420. Resistance: 9200, 10180. What do you think could happen in the short term? Share your views in the comment section. #PEACE
BITSTAMP:BTCUSDLong
by Cryptorphic
2
#BTC/USD 4 hour. Seems ready to retest 9.4kHello guys, welcome to this quick update. The dump was massive. BTC broke down the support and it seems we can head to the lower levels but before that we need need to see whether it breaks above the orange trendline or again gets rejected from it. In this chart I expect the price to retest the 9400+ level soon. Although I won't consider it as a buy region. I was 30% in USDT and my bids got filled around $9188. Thanks for reading. Please hit the like button if you like this update. #Peace
BITFINEX:BTCUSDLong
by Cryptorphic
3
#DOMINANCE IS AT CRITICAL ZONE. Don't miss this!Hello guys. This is the most important Dominance chart that you need to. understand if you're invested in alts. Halving is just after few days and people are holding BTC max in their portfolio. Coming to this Chart Dominance is at the most critical Zone now, Break above this TRENDLINE would lead to 10 to 20% more dump in BTC and will eventually get rejected from the upper trendline Resistance. Dropping from that resistance which is around 68.10 we could see a mini Alts season i.e., a 100 to 300% Rise in Potential Alts which are trading currently at the bottom with strong fundamentals in the end of second quarter. Yes It's true read it again! Now if it follows S1 (Scenario 1) in which it fails to break above the current critical Red Dot resistance point where two line of Resistances coincide with each other we can see it dropping to the downside to 62 level. Caution for Alts: If dominance follows S2 and breaks through the resistance of the giant falling wedge channel. There will be massacre in the Alt MARKET. If you ask me my personal call would be a drop from here but still need to be vigilant. So we wait for few days to see how the resistance breaks to the upside or downside. I would personally hold maximum portion of my portfolio in BTC. #Thanks again for reading. If you like my ideas and the hard work I put into the charts please hit the LIKE BUTTON and Follow me for the latest Updates. Stay safe I wish good health to your families #Peace
CRYPTOCAP:BTC.DShort
by Cryptorphic
12
#BTC DOMINANCE ALT Season incoming? Don't miss this!Hello guys, welcome to this update. This chart is very simple to understand. Please HIT THAT LIKE BUTTON for the simplicity of this chart! In the chart we can see Dominance got rejected from the Resistance trendline of the expanding channel. If it follows the speculated direction, It is highly likely that we can see a 15%+ Decrease in Dominance. You know what it means? Alts will be pumping crazily!! The alts with strong fundamentals in the coming 2 months will provide as high as 100 to 300% + profits. I will update the charts of those altcoins one by one. Follow me for those updates. We need to watch the red zone+70 level, which is a strong resistance. Unless Dominance breaks above this major resistance I think holding alts will be Very Profitable. Besides most of the alts are showing Bullish signals in Daily Time frames. For more such updates follow me and share this idea with your friends. Your views are welcomed in the comment section. #PEACE
CRYPTOCAP:BTC.DShort
by Cryptorphic
12
#BTC Dominance needs to break this Level for Alt season!Hello everyone welcome to this new update. I would like to keep this update very simply and short. The level is 200D MA which is acting as a support now. On my last update I said Dominance could break below the 68 level and seems like it did but eventually holding the 67 level strongly. If it breaks we can see it reaching to the 65 level. Once we break this 67 level along with the 200D MA I am pretty sure we will reach our target and alts could perform well while btc goes for some retracements. Please hit the like button if you like this idea. Your views are welcome.
CRYPTOCAP:BTC.DShort
by Cryptorphic