Trust the altsAlt season has not yet started and MUST start.
As happenned the previous alt seasons, btc dominance will fall to new lows.
Dominancebtc
Btc dominance will top at 52 percentWe have a divergence in monthly Rsi
Which will end if btc dominance reaches 52 percent.
If history repeats itself in fractals, dominance pullback will be to fibo level 0.38 and almost 0.5
Which approves the monthly divergence
So a possible fractal and a monthly divergence
dominance reviewI was wrong about dominance before. looks like its going to do a pullback to the broken trend line. my final target is 47 for now, although there's not gonna be straight to the target and I'm expecting retraces along the way. will update the idea there.
Bitcoin Dominance is bullish So Altcoins will Red more#Bitcoin Dominance Chart:
#BTC Dominance bullish above 43.60% and this will be very bearish for #Altcoins
I am expecting Some relief in Altcoins so we can see some retracement in Altcoins.
if 2D candle close above 43.60% then #Alts will be bearish.
BTC domianance is on the riseThe first quarter of the cycle we always see a surge on bitcoin dominance but should see it drops with the next mini correction that will happen any moment.
In the second quarter of the cycle I think we ll see a drop in BTC D. and alts start
We are tired of waiting for you. Well, thank you.Domination ends its fiddling in place and begins to gobble up a share of altcoins.
LAST WAVE FOR ALTCOIN??We can see BTC.D in wave 4 it's mean altcoin sideways/correction.
After finished, of course altcoin continue to rally again.
Good luck for us.
BTC D. A long harnessing of a horse.Don't be fooled by still-robust altcoins.
In fact, the rise in prices is just
a pullback after fall.
And fall will continue.
bitcoin dominance path for upcoming daysthere's a divergence and this is what I expect for dominance in the upcoming days. as you know it's a bullish signal for altcoins
BITCOIN DOMINANCE 4HOUR UPDATEBTD.D QUICK UPDATE :- We can see in chart we have to wait for the 4h close if btc.d will closed below the 200ma then we can trade or if it will broke the 200ma then the second resistance level is 42.47.
*Not a financial advice trade on confirmation
Bitcoin Dominance is again moving higherDominance is again moving higher, the market tried to shift its market structure.
Now #BTC is dumping and #Bitcoin Dominance is also moving higher
A high of 42.13% should be a sign of a fall in #BTC.D.
Best Regards, Reda Souhail™
Bitcoin domanince update 2hourDominance 2 hour update.the dominance is the same pattern falling wedge current open the btc pairs altcoins update
Altcoins Now Entered In Bearish zone because Dominance Broke out#BTC Dominance Chart Update:-
#Bitcoin Dominance broke the resistance.
And trading above 42% which is Bad sign for Altcoins.
Now..?
Above 42% is not good for Altcoins.
We can see Altcoins drop.
And next resistance is 44.55%
Again if Dominance go below 42% then good otherwise Altcoins will be bearish.
Good entry in Altcoins will be when Dominance hit 44.50%
Support:- 42%
Resistance:- 44.50%
BTC DOMINANCE is bouncing, Bad news for Altcoins!Hi there,
Bitcoin Dominance is bouncing and this is not good for Altcoins at all.
BTC.D was moving in a downtrend channel for about 50 days and I expect to see a breakout of that.
What will happen?
In the best case when BTC.D is going up if Bitcoin goes up too, Altcoins will fall with a low slope.
In the worst case when BTC.D is going up if Bitcoin goes down, Altcoins will fall rapidly.
So In my idea this is a bad time to be with Altcoins, Also Altcoins growth a lot in the past 50 days and these prices are not proper to buy for next leg up.
Be carful with your trading and investing.
Your Likes and comments are the best Thank you.
ALTSEASON CONTINUE OR NOT? BITCOIN DOMINANCE UPDATECurrently, Bitcoin dominance is at the decisive point. It is trading in a falling wedge pattern and hovering above 41%. The strong support for dominance is 40% level. If bitcoin dominance breaks the 40% level then we will see a great alt season of all time. There is resistance around 42 levels if it breaks the 42% level then Alts bleed in BTC pair and show the big correction. IMO we should break this 40% level and witness a great alt season in Q4.
Support:- 40%
Resistance:- 42%, 45% and 49%
Let's see dominance breaks the 40% level or not. Keep an eye on 40% and 42% levels.
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Dominance crawling up and want to take a jump to break supportRaw sketch of what I think will happen. It wants to break support.
BTC dominance critical levelBTC DOMINANCE UPDATE
as always we react and trade according to chart
The whole altseason was expected and dominance now reached major support
On chart we can see bitcoin dominance is inside descending channel and face upper resistance line (42% level)
If rejected from the upper line of channel then we see a retest of 40-39% support again and a small rally in altcoins
If Dominance break the resistance line then we see a 44% and even higher levels and altcoins can drop hard in short term
Keep your stoplose tight !
Dominance is basing - Bitcoin Leads Next Rally?Double bottoms, support, and MACD divergence.
Not confirmed bullish yet but it is def basing at support.
Unpopular opinion - Bitcoin will lead the next rally.
Altcoins Session is Over or One more Last Altsession is ready..?#BTC Dominance Chart Update:-
Altcoins Sessions over or Not…?
Currently Dominance is trading at 41.45% Level.
What Chart say..?
As per chart if Dominance Break upward 42% level then Altcoins will be bearish in BTC Pairs.
But If Not break 42% level and Trading below 42% then This will cery good for Altcoins sessions.
40% Is strong support for Dominance chart.
If break down 40% level then we cam see next and Last support will be 35%
And This will be end of Altcoin sessions.
So be careful about this Scenarios.
Support:- 40% / 35%
Resistance:- 42% / 45% /50%
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