Will there be an alt season. I think it will happen. When? No idea. But it seems the BTC.D has reached serious resistance at this point. Let's see how this develops and what this will mean for the alts..
USDT dominance is currently trading within a symmetrical triangle formation. The price has been recently rejected at the Ichimoku Cloud resistance level, leading to a slight pullback. However, the 200-day moving average (200MA) remains a key support level beneath the current price, suggesting the potential for a bounce if the price reaches this area. If USDTD...
USDT Dominance Chart Update USDT dominance has broken above the descending trendline. The current level of 5.84% shows a slight pullback after reaching around 6.70%. Immediate support is around 5.50%. Long-term support is significantly lower at 4.56%. The immediate resistance level is at 6.70%, which was recently tested. Higher resistance is around 8.50%, which...
After a long triangle in wave 4 Domination Bitcoin went for a breakout to possible 61.8% Fibonacci targets
#Bitcoin Dominance 1D chart; The white trendline starts from January 2015 and continues to the present day with a peak in January 2021. It managed to rise above the trendline with strong momentum. A decline will surely come, but it is too early for that. So why not now? In order for the decline to begin, the necessary infrastructures must first be formed. One...
The 21-day moving average acts as resistance indicating that the price needs to move above this level to regain bullish momentum. If USDTD breaks below the support trendline of the rising wedge and drops below the Ichimoku Cloud, it would confirm the bearish trend. This scenario would likely correspond to a bullish move in the broader crypto market, as USDT.D...
- Yearly range provided a reversal point with a clean market strcuture shift to the uspide, which price bounced off from to the 50% of the range. In range trading we call this take profit nr 1. - Price now usually bounces off a bit from the 50% (which price is currently at) into a FVG (marked in blue) / support level targetting the high of the range. With the...
if you look at my page, I already made my prediction where the dominance will go up, but we deviated from this and now broke the channel. Dominance is also starting to fall, which is a sign of capital outflow to altcoins
Bitcoin Dominance has broken down from wedge on CRYPTOCAP:BTC.D and it is retesting the ceiling resistance for 10 days streak now Next important levels are the 52% multimonth support and 47% multiyear support, this last the first target of this wedge On the bellow pannel, we have the Detonator C (c) indicator that keep sinalling this exaustion on the dominance...
USDT dominance is currently hitting three major resistance levels: 1. 100 EMA (blue) 2. 50 SMA (red) 3. 8-month-old trendline resistance (blue) This confluence of resistance makes this level crucial. Taking into account the channel breakdown and retest, a rejection seems more likely at the moment, suggesting a potential market relief rally. Invalidation:- Close...
This is great news for the Altcoins you are holding. When the dominance drops, the altcoins start to thrive. We can utilize this moment to take good profits on BTC because the price might also drop. it's a good time to start investing your bags into some of the top 100 or 200 Altcoins, so fasten your seatbelt, grab some popcorn, and watch the show revealing...
Someone just requested a litecoin chart and this is all that matters. I wouldn't buy any alts until 2027. Most are trending down vs. BTC. Still no breakout here on log, so it's not a terrible idea to buy some alts, but uh.... I do not recommend it personally.
Bitcoin (BTC) dominance is a metric that expresses the percentage of the total market capitalization of cryptocurrencies represented by Bitcoin. This value has a significant impact on the development and value of altcoins - alternative cryptocurrencies that stand in the shadow of Bitcoin. In this article, we will focus on the relationship between BTC dominance and...
The uncertainty lies in how the price will respond, as historical halving have seen varied reactions. Often, the price has dropped, but sometimes this decline occurred several months prior to the event. Currently, the price is testing monthly support levels. Technically, there is limited potential for downward movement, given the heightened demand due to ETF...
#Analysis of Dominance Bitcoin Time 1W In the weekly time, this index has reached its most important resistance range, and we can expect that this index will enter the corrective and falling trend in the medium term and witness the beginning of the upward trend of altcoins in the long term.
rising wedge pattern is consolidated in 3d chart need a breakout of the lower side of the pattern in HTF as 3d chart then btc dominance must decline 20% from here so we could tell welcome to Altseason2024. thanks and for more ideas hit "follow" and "like"🎯 tell me in comment section when u think Altseason2024 will start
does not include financial advice. the graph is back to its 2019 appearance let's see if he can spread his wings this time
- for me it has always been very complicate to explain BTC.D to peoples, because it's complicate ! lol - it's weird to understand the moves and many factors have to be compared together an alchemy have to happen to see something happening. - So basically to explain it, i will tell you what "we want to see" or "what we don't want to see" in the future. if the...