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Dominancebtc

BTC.D Bitcoin Dominance Possible H&S FormationBTC.D Bitcoin Dominance level is drawing a Head and Shoulders Pattern on daily chart, which could lead to a massive altseason with new ath levels, the trigger might be when the %60 psychological level is breaked out towards levels of 59-58 levels, which in return will make dominance fall sharply, based on my technical analysis, the altseason bullrun will be around 1-2 months from now on. In the bull run, every correction is a possible buying chance, at least this is what I am going to do. And few words for people who are panic selling on every correction, I do not have any license or right to give financial advice but based on my experiences I can say that, panic selling is not good..
CRYPTOCAP:BTC.D
by Kriptoteles
DIA/USDT Possible Cup PatternIf you look at the hourly chart you will also see that there is a pennant formation forming, after it's breakout DIA will break the 3 dollars resistance level, after that, if nothing bad happens (like sharp fall in total market cap) I am expecting the cup formation to be active and boost the price to the level of 5 dollars. 2 Possible scenarios are drawn on the chart with purple brush. possible buy locations are - trend line or recent support level, stop loss at 1.5 ATR level. With the help of BTC.D Dominance levels to fall, DIA will reach 5 dollars in my opinion.
by Kriptoteles
SXP Double Cup Pattern PredictionWith the ongoing situation of altseason, I have managed to catch that pennant and cup formations are the most succesful ones in the mid-term investment, right now we have BTC.D Dominance at %61 levels which can be considered as relatively high compared to the bull run in 2017. In case of BTC Dominance to hit 59 levels, Head and Shoulders will be activated with the minimum of 10 points of decrease. So in that case, I am expecting SXP to pump between 5-9$ channel. Well, this case is optimistic one with the rule of ceteris paribus, not a financial advice just for the means of education.
by Kriptoteles
4
Bitcoin Dominance's chart technical analysis The Bitcoin dominance chart - i.e., the share of Bitcoin's market capitalization in the total crypto market - indicates the importance of the technical momentum that lies ahead in the coming days. In recent hours, Bitcoin's strong upward movement was driven by the arrival at the support level (A) of the bullish channel that currently governs the movement.  After that bullish reaction, the apex formed by the crossing with a narrow bearish channel (B) was quickly reached and is now moving downwards, compressed by the confluence between both technical figures (C). If it pierces the figure to the downside, it will signal future weakness of Bitcoin against Altcoins, which could push the Altcoin segment higher. If, on the other hand, the price movement is bullish and breaks the technical hurdle, Bitcoin can literally fly higher and shatter Bitcoin valuations in the rest of the market. The daily range MACD shows a profile that supports future developments to either side of the price, although it would be terminal and short-lived if it is a bearish move.
CRYPTOCAP:BTC.D
by TomasCrypt
Bitcoin Dominance it's bullish!!! Altcoins drop!!!At the moment, analyzing this indaictor, as Bitcoin break out the $42,000 USD, the Bitcoin domiance it's around of 64.35%, that mean that now Bitcoin it's more setrnghten against the altcoins in multitimeframe analyse. Now, looking in H8 timeframe, we see that BItcoin it's break out this bearish trend line, and we have the possibilitieies to continue up the Dominance to recover it. In 3 Daily chart, we see that BItcoin Dominance it's formed and closed the bullish candlestick today, that it's another bullish signal for BItcoin and my own forecast it's the 72% using this strategy of supply and demand. And finally, as Bitcoin it's more strenghten, we confirm this support following this trend support line, and in four occasion we confirmed it. that mean that bulls are preparing to leae a Bitcoin more higher price in the next days.
CRYPTOCAP:BTC.DLong
by harisonhbn9718
1
Altseason - 2nd parabolic move coming Just like my first chars stated we have arrived at the predicted cap for alt coins and the BTC dominance is dropping. What do I expect the next 6 weeks: (this is my thought, not advice) Alt coin market cap will reach 800+b IMO in a 6-week parabolic move. The dominance got rejected yesterday against the MA200 on the daily and i still stand by my previous prediction First total2 cap prediction: Weekly dominance chart: This is not financial advice, if you like my charts, click a thumb up
CRYPTOCAP:TOTAL2
by Dmoootje
1
Update BTC.D VS TOTAL2Update BTC.D VS TOTAL2 You can view my first charts at the bottom. I see a lot of BTC.D charts passing by here, but this is my opinion. First things first, what are the indicators telling me: TOTAL2: We saw a beautiful rise and resistance on the 1 fib extension, eventually broke it and even broke the 1.618 a few days later. Already tested back and this is now a good support zone. MACD here is high and momentum still growing BTC.D In the Bitcoin dominance you can see a nice break to the downside and i think this is not the end of a falling BTC.D trend Why: The SMA's on the daily chart show a lot of downwards pressure, the MA20 has crossed the MA's 50 and 100 to the downside. Also, these last 2 are turning to the downside. The last three days BTC.D went below the daily MA200 and this is a really important level. With the spike back up today as BTC rises to +40k we are touching (retesting) this level. All round conclusion (2 options): 1 - If the BTC.D does not break back up the MA200 today we get a important construction named the kiss of death and the momentum of the dominance drop will increase hard. Altcoins will go up hard and the TOTAL2 will meet the 2.618 fib extension at 514B $ or even overshoot it to the 3.618 at 618b $. 2 - If the BTC.D does break overhead MA resistance (MA200 and MA20) we could see an altcoin bloodbath and see a retrace of the TOTAL2 cap to 340b $ at the 1 fib extension level. This is not financial advice, just a way to spot early what will happen if you are invested in alts a lot. Thx for reading Here are the first charts: TOTAL2: BTC.D:
CRYPTOCAP:TOTAL2
by Dmoootje
2