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Dominancebtc

BTC% dominance When is the pump season? The Dragon. ABCD PatternOn the% chart, bitcoin prevails in the cryptocurrency market. I followed a little over a year. All the key movements during this time I predicted. This percentage of bitcoin dominance is very much related to the transfer of altcoins. Each minor correction and decline in dominance is accompanied by a shot on average 30-50% of altcoins. Some overt fraudulent altcoins with little market capitalization will then be pumped up by a larger percentage. But most continue to "die further." Therefore, it is very important to use this period in your trade. You also need to work with those altcoins in which there is a “presence” of a major player. The principle of using BTC% dominance is that the higher the dominance, the greater the “cry of altcoins”. This dominance chart can be used as an indicator for the rise / fall of altcoins. The real long-awaited long-awaited “altcoin pumping season” will begin only when the bitcoin dominance% is below 62-63%, and there is a clear downward movement, the beginning of which we have after the arrival of the rising wedge. An increase in dominance above 72-73% will mean the death of the not yet completely “dead altcoins” (complete surrender of the altcoin market). According to the trading chart of bitcoin dominance. There was an upward wedge (bearish formation) that was broken. Now the Dragon figure is formed, or rather, the target tail of this pattern. The downtrend line (Dragon Ridge) has been broken, now the dominance of% BTC is above it. It is worth noting that after 3 days, BTC is divided in half. If in the future we will see the development of all target zones of the “Dragon tail”, then the high probability of the formation of a harmonious pattern AB = CD (part of the ascending channel). I showed important pivot zones on the chart. My past idea is about this analysis tool. When is the season for altcoin pumps? BTC dominance July 23, 2019. Soon pump season altcoins? Head and shoulders. Inverted Dragon. Nov 16, 2019 Bitcoin dominance Formation of an ascending wedge before halving Jan 8 2020 Comparison of trends. BTC domination - halving + LTC - halving. Jan 8 2020 Breakdown of the support of the rising wedge. February 6, 2020 The situation is now. As we see, after breaking through the support of the rising wedge, the% dominance began to fall and moved from the rising to a pronounced lateral movement. About the figure of the Dragon. Read in this training idea: Dragon figure. Formation. Structure. Target. here is my trading idea with the potential formation of a dragon figure. Coin BLZ BLZ (Bluzelle) Dragon. Potential. Channel work 45% Full take of the target area of the tail of the Dragon + 80% In this tutorial, you can read about the AB = CD pattern. Which could potentially form if all of the target areas of the Dragon's tail are taken. TRAINING + WORK Harmonious drawing ABCD + "Three movements" BAT Notice how the price behaved on this trading idea. The downward movement continued, but the support was not confirmed, but made its way. Therefore, there was no entry point. It is desirable that this occur in% of BTC dominance. I think the desire is clear. Remember, here the opposite situation is an expression of a downtrend, the better for us. How it will revitalize the altcoin market. Trading is not an easy path to easy money. It is open to all, but not all of it will pass ..
CRYPTOCAP:BTC.DEducation
by SpartaBTC
4
#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
Altcoins performed better after the last Halving than BTC/USDDuring the next days after the last halving the Alts market cap more than doubled and BItcoin's dominance dropped quite a bit. It will be interesting to see what happens this year though it seems that the interaction has changed with altcoins and Bitcoin been more correlated perhaps due to the larger FIAT pools with stable coins. In 2016 most altcoins had to be adquired via Bitcoin (ETH/BTC, XRP/BTC, LTC/BTC, etc) and this year this is not the case anymore since there are many altcoins paired with stablecoins.
CRYPTOCAP:BTC.D
by EclipseBitcoin
BITCOIN Dominance Chart And I expect Altcoins Pumping SoonBITCOIN Dominance Chart: Now Bitcoin Dominance is 69%. Last post on Trading view I told you when BTC dominance crossed 67% then you can exit from altcoins. Who followed me now saved huge Fund. who not followed now holding Altcoins in loss. so What Next: Now BTC Dominance Struggle at Resistance level of 68%-69%. so if this Resistance breakout upward then Altcoins blood bath coming soon. so guy Very important level is 69% ( Tradingview Dominance ). if This Resistance Rejected then 65% is very Strong support for hold at this level. but keep an eye if 65% dominance also breakdown then Altcoins will pump very hard. soon keep an eye on two level: 69% Resistance and 65% Support level . What can we do now..? Now I will accumulate Good potential coins. And waiting for more dip. I will buy more every dip. but but guys If BTC Dominance level is Breakout upward 69% Resistance Level then I will Exit from all Altcoins. and wait for next Confirmations. because 69% breakout then Altcoins Bloodbath coming soon. So dont trade Blindly and Like Gambling. Trade after good Confirmations. Resistance Level: Now BTC Dominance at 69% so this is very Good Resistance Level of 85 Day Moving Average. and if breakout this Then Very long term Resistance trend line Resistance is 69%. so both is very important level. now I take risk and buying altcoins. if breakout upward I can expect minor loss but if breakdown then I will book huge profit. Support: Now 65% is very good support in 3 day or as well as 1 Day chart. But if this breakdown then you can enjoy with your altcoins holding. so next Support is 55%. Support: 65% / 60% / 55% Resistance: 68% / 69% Guys Please Click The #LIKE button and Appreciate me for my Hard work. Hearty Thank you so much for your Love like a Family. So guys Dont Forget to Click Like Button.
CRYPTOCAP:BTC.DShort
by CryptoPatel
9
Bitcoin Dominance Chart Altcoin Pumping Time or More REKT ALT..?BITCOIN Dominance Chart: Now Bitcoin Dominance is 68%. Last post on Trading view I told you when BTC dominance crossed 67% then you can exit from altcoins. Who followed me now saved huge Fund. who not followed now holding Altcoins in loss. so What Next: Now BTC Dominance Struggle at Resistance level of 68%-69%. so if this Resistance breakout upward then Altcoins blood bath coming soon. so guy Very important level is 69% ( Tradingview Dominance ). if This Resistance Rejected then 65% is very Strong support for hold at this level. but keep an eye if 65% dominance also breakdown then Altcoins will pump very hard. soon keep an eye on two level: 69% Resistance and 65% Support level. What can we do now..? Now I will accumulate Good potential coins. And waiting for more dip. I will buy more every dip. but but guys If BTC Dominance level is Breakout upward 69% Resistance Level then I will Exit from all Altcoins. and wait for next Confirmations. because 69% breakout then Altcoins Bloodbath coming soon. So dont trade Blindly and Like Gambling. Trade after good Confirmations. Resistance Level: Now BTC Dominance at 68% so this is very Good Resistance Level of 85 Day Moving Average. and if breakout this Then Very long term Resistance trend line Resistance is 69%. so both is very important level. now I take risk and buying altcoins. if breakout upward I can expect minor loss but if breakdown then I will book huge profit. Support: Now 65% is very good support in 3 day or as well as 1 Day chart. But if this breakdown then you can enjoy with your altcoins holding. so next Support is 55%. Support: 65% / 60% / 55% Resistance: 68% / 69% Guys Please Click The #LIKE button and Appreciate me for my Hard work. Hearty Thank you so much for your Love like a Family. So guys Dont Forget to Click Like Button.
CRYPTOCAP:BTC.DShort
by CryptoPatel
13
BTC Dominance (Y20.P1.E3).Micro.Bullish turnHi All, In to the lead up to the recent breakout, I had a bag of Alts but mostly BTC. Lucky for me, I made the right decision. Looking back now, its confirmed with these 2 charts, 2 day and the daily. I have BTC dominance still going up as per chart, supported by the indicators. Note: There will be some ALTs that are doing well like the ridiculous DATA coin chart. I did have BAND so I'm happy there. ADA I missed out, etc Otherwise the majority of the ALTs did less against BTC but still performed. DASH this time didn't and so on. What this tells you? review your strategy for now as BTC is dominating in the short term. What can this mean? Maybe many of the ALTs have peaked in this run. I had more than 1/2 of my profile on Link and Tezos and flipped the majority to BTC, especially LINK. It peaked early. Anyway, I thought I put this out there for people to think about their strategy and tweak it for that's what good traders do. Please give me a like or tick for this posting. Cheers, S. Sari
CRYPTOCAP:BTC.D
by ssari
4
#BTC Dominance weak! More gains for alts?Hello everyone welcome to this quick update. BTC had an amazing day yesterday. People who followed my 9k strategy when btc was hovering around 7200 must be in big gains. I sold 40% of my BTC around $9300 and bought back around $8500. Good scalp and increased by BTC stack. COMING BACK TO THIS CHART: Dominance is retracing so far and IMO it will either get a bounce from .382 level or .50 level which will eventually allow traders to make some more profits from Altcoins. I believe BTC COULD MOVE SIDEWAYS for few days which will provide room for alts to grow. I would suggest holding maximum percentage of your Portfolio in BTC. MACD -> Approaching bearish crossover MA 200 -> COINCIDES WITH THE O.5 FIB LEVEL SO THIS POINT SEEMS LIKELY to me to be retraced soon. I'll update more charts stay tuned and hit the like button if my work helps you in any way. Thanks again #PEACE
CRYPTOCAP:BTC.DShort
by Cryptorphic
The Bitcoin Dominance Rate Keeps FallingPlease leave a LIKE in order to support my work. The weekly chart reveals that the price has broken down from a long-term ascending support line and validated it as resistance afterwards. This view is also strengthened by the fact that the rate was rejected by the 200-week MA thrice prior to the price breaking down. The final time, it created a shooting star weekly candlestick, which often indicates a trend reversal. So far, it has created three consecutive lower highs. The most important support level is at 62.5%, which mark the wick low of Feb 10-17. If the rate decreases below it, it could fall all the way to 52.5%, levels not seen since April 2019. Previously, the rate traded inside this range from September 2018 to April 2019, a period which was very profitable for altcoins. If the price falls within this range once more, it is possible that it would have a similar effect.
CRYPTOCAP:BTC.D
by BitcoinMaximus1