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Dominancebtc

BITCOIN DOMINANCE: FACING SOME RESISTANCEHello traders, it's me Dexter with yet another update on BTC dominance. This is going to be important so make sure you read it till the very end. The timeframe used: 3 days. So, BTC.D is basically Bitcoin’s share out of the total market capitalization of all cryptocurrencies. Bitcoin Dominance tells you whether the altcoins are performing better, worse, or similar to Bitcoin. Recently, we saw altcoins make some good gains along with BTC, and also we saw BTC dominance increasing close to 9%. Technically, these three don't go along together. If BTC.D increase along with BTC then Altcoins decreases but this time it didn't happen that way. This proves that the trend is changing and the market doesn't necessarily follow the same old rules. So, what's next? Both BTC and BTC.D are at the resistance and the total2 broke out above the resistance. If BTC.D breaks above the 44.5% resistance level then it will possibly move toward the next initial target which is the 48%-50% resistance level. A rejection on the other hand may drop the dominance back to a 42.4% support level. Things are crucial at the current resistance level. If BTC.D gets rejected then BTC must continue to rally in order to keep up with the altcoin's rally. What's your thought on the BTC dominance? If you have a better explanation then I would be happy to know to get some ideas from you guys. Thank you for reading. Trade safely.
CRYPTOCAP:BTC.D
by Dexter_The_Trader
2
USDT.DOMINANCE LINE CHART UPDATE !!Hello and welcome to this USDT.DOMINANCE LINE chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:-Dominance is lowering inside the parallel channel We expect the dominance line chart to touch the upper train line and break down back to the bottom of the parallel channel as pumps can be seen in the altcoin. And dominance in RSI is showing bullish divergence. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
CRYPTOCAP:USDT.D
by CryptoSanders9563
Head and Shoulder and Inverse Head and Shoulder differencehello dear traders, Here are some educational chart patterns that you must know in 2022 and 2025. I hope you find this information educational and informative. We are new here so we ask you to support our views with your likes and comments, Feel free to ask any questions in the comments, and we'll try to answer them all, folks. What is the head and shoulders pattern:- The head and shoulders pattern is used in technical analysis. This is a typical chart formation that predicts a bullish-to-bearish trend reversal. The pattern appears as a baseline with three peaks, where the outer two are close in height, and the middle is the highest. The head and shoulders pattern is formed when the price of a stock rises to a peak and then retraces to the base of the previous up-move. Then, the price rises above the previous peak to form a "head" and then back to the original base. Finally, the stock price reaches the level of the formation's first peak before turning down again. The Head and Shoulders pattern is considered to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal with varying degrees of accuracy that an uptrend is nearing its end. Formation of the pattern:- Left shoulder: Price rise followed by a price peak, followed by a decline. Head: Price rise again forming a higher peak. Right shoulder: A decline occurs once again, followed by a rise to form the right peak, which is lower than the head. What Is the Inverse Head and Shoulders Pattern:- inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of security meets the following characteristics: the price falls into a trough and then rises again; the price falls below the former trough and rises again; Finally, the price falls again but not to the second trough. Once the final trough is formed, the price moves upwards towards the resistance found near the top of the previous trough. Formation of the pattern:- Left shoulder: Price declines followed by a price bottom, followed by an increase. Head: Price declines again forming a lower bottom. Right shoulder: Price increases once again, then declines to form the right bottom. Advantages and Disadvantages of the Head and Shoulders Pattern:- Advantages:- Experienced traders identify it easily Defined profit and risk Big market movements can be profited from Can be used in all markets Disadvantages:- Novice traders may miss it Large stop loss distances possible Unfavorable risk-to-reward possible Advantages Explained:- Experienced traders identify it easily: The pattern is very recognizable to an experienced trader. Defined profit and risk: Short and long entry levels and stop distance can be clearly defined with confirmation openings and closings. Big market movements can be profited from: The timeframe for a head and shoulders pattern is fairly long, so a market can move significantly from entry to close price. Can be used in all markets: The pattern can be used in forex and stock trading. Disadvantages Explained:- Novice traders might miss it: The head and shoulders pattern may not present with a flat neckline; it may be skewed, which can throw off new traders. Large stop loss distances possible: Large downward movement over long timeframes can result in a large stop distance. The neckline can appear to move: If the price pulls back, the neckline might be retested, confusing some traders. Trade with care. If you like our content, please feel free to support our page with a like, comment Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:BTCUSDEducation
by CryptoSanders9563
Compression of dangerous spring on BTC dominance. Hi people! The ones I love the most out of you are the ones who send me curses in private messages. That's a real declaration of love. When you don't care so much what a person thinks, You rush to tell him exactly how much you don't care about him... lol. It is actually, of course, a phenomenon long known to anthropologists, namely the symbolic murder of a sorcerer. You have to kill the sorcerer's power so that he doesn't affect the change in reality. A sorcerer can be killed with a word. In case you are interested in anthropology? So, Bitcoin domination. 1W. I wouldn't rush to wait for the alt-season, and here's why. If you haven't yet discerned signs of a hidden gait to the upside, it just means you are using a weak methodology for h analysis. All that is happening now is a very high quality bull trap.
CRYPTOCAP:BTC.DLong
by averkie_skila
5
BTC Dominance Structure Today I leave you with a rather interesting comparative analysis, introducing the much-studied and used concept of market capitalization dominance, in our case of Bitcon versus the rest of the crypto market. The graph structured by TView gives us in this case a percentage of market dominance, that of Bitcoin against altcoins, ideal for establishing migrations from bitcoin to altcoins according to their profitability at certain times or vice versa. In general, it is well known that altcoins take a little longer than bitcoin to raise their prices, but when this happens they skyrocket above their profitability, in the case of falls it is similar but inversely if bitcoin falls the alts tend to have much larger falls. The comparison that we bring today with the graph in red shows us the concept of numerical dominance, without percentages, in this case the amount in the top 80 Cryptos that are in annual profitability above Bitcoin. A very interesting concept that we will develop further in further analysis. ------------------------------------------- Hoy os dejo un análisis comparativo bastante interesante, introduciendo el tan estudiado y usado concepto de dominancia de capitalización de mercado, en nuestro caso de Bitcon frente al resto del criptomercado. El gráfico estructurado por TView nos da en este caso un porcentaje de dominancia de mercado, el de Bitcoin frente a las altcoins, ideal para establecer migraciones de bitcoin a altcoins según su rentabilidad en ciertos momentos o viceversa. Por lo general es bien sabido que las altcoins tardan algo mas que bitcoin en levantar sus precios, pero cuando esto se da se disparan por encima de su rentabilidad, en el caso de las caídas es similar pero a la inversa si bitcoin cae las alts tienden a tener caidas mucho mayores. La comparación que traemos hoy con el gráfico en rojo nos muestra el concepto de dominancia numérica, sin porcentajes, en este caso la cantidad en el top 80 Cryptos que se encuentran en rentabilidad anual por encima de Bitcoin. Un concepto muy interesante que desarrollaremos más a fondo en nuevos análisis.
CRYPTOCAP:BTC.D
by AVNGL01
Altcoins Bloodbath Coming Soon..?#Bitcoin Dominance chart:- #BTC dominance weekly Chart looking Dominance at bear Bottom Level. Which is Not good For Altcoins in BTC Pairs. We can see Strong bounce before one more Down. Support:- 39% Resistance:- 48% / 58% / 71% Imo Altcoins will bearish in Coming Weeks/Months in BTC Pairs. If You are trading Altcoins in BTC Pairs then wait Long for Best Entry. Now Max BTC Pairs Altcoins near about ATH so Keep an eye that will be big Dump in coming days. Please Like and Appreciate.
CRYPTOCAP:BTC.DLong
by CryptoPatel
11
Bitcoin Dominance UpdateIt looks like Dominance has broken all the hearts that believed in a huge alts rally! Bitcoin Dominance (Tradingview) bounced from near the 40% area and it is expected to continue with bullishness, that too with Inflation data release waiting up tomorrow.! Entry : 1326 Target : 1473 (0.5 of Fibo) Stop : 1243 (Current day candle low) Total no. of Analysis : 18 Successful trades : 12 NPNL : 3 Stop Hit : 2 Lost : 0 In Progress : 1 Bonus target is 0.618 of fibo ( 1557 ) in a worst case scenario. Safe trading!! Cheers!!
Long
by kjrthi
Bitcoin Dominance Update ( Altcoins Blood Bath Coming Soon ? )#Bitcoin Dominance Chart:- $BTC Dominance currently trading at 40% Level. Very Close to Altcoins Top in BTC Pairs. So Guys Ready to Exit Altcoins in BTC pairs. Soon Big Dump coming in Altcoins so Open any trade with Proper risk Management. I am expecting Dominance bounce from 38%-40% Level. And Next Resistance is 50% Level mean if Hit 50% Dominance Level then altcoins Will dump 50% from Current Price. And If you not exit from Altcoins in BTC Pairs then You will get Next Chance in 2025-2026 I am Not Talking about Altcoins in USD Pairs. Still Altcoins may test New Low’s. Happy Trading. Support:- 38% Resistance:- 50% / 58% / 66% Please Like and Share
CRYPTOCAP:BTC.DLong
by CryptoPatel
14
USDT Dominance at decisive point. Here's what to expect Next!!Understanding Dominance:- USDT Dominance is inversely proportional to market movements. If it dumps the market will pump and vice versa. Technical Analysis:- As we speak the dominance is approaching the resistance zone consisting of two trendlines intersecting each other. This happens to be an important point for the market. Remember if you zoom out, a break and close above this channel will result in more dumps in the market. Whereas if we break the lower support, the green zone. BTC can rally towards $22k again. Keep in mind we are stuck in the range of $18.5k to $20k. CONCLUSION:- This last quarter is likely to be bullish IMO so sooner or later, am expecting this range to break to the downside. Do your own research, this is not financial advice. If you find this update helpful, Hit the like button and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:USDT.D
by Cryptorphic
5
Altcoins Blood Bath Coming ..? ( Bitcoin Dominance Bullish )#Bitcoin Dominance Chart Analysis:- #BTC Dominance currently trading at 40.87% Last Post I told You 40% will be Reversal and same Happened. Now I am bearish on Altcoins. We can see Bitcoin Dominance 50% in few weeks. And BTC pairs more down from this level. I personally Expecting 30-50% more down Altcoins from here. BTC Dominance is inverse Proportional to Altcoins. ( BTC pairs ) Resistance:- 50% / 58% / 66% Support:- 39%
CRYPTOCAP:BTC.DLong
by CryptoPatel
6
Total market cap following the planIt's fun to go back to chart I haven't seen in months and see that my TA has played out like I thought. Here you can see the first trendline I drawed on this chart (in yellow) and then at the retest I saw the H&S. By book the retracement should end around 360Bil USDT but I think this will stop around 550Bil USDT (cyan dashed line). Here you can see TOTAL2 (w/o BTC market cap) and TOTAL3 (w/o BTC and ETH market cap) on which I had a channels which broke down. Eventually there'll be a time to buy heavy but I don't think this is the time yet. Keep up and short what you can!
CRYPTOCAP:TOTAL
by Shotokhan
#BITCOIN DOMINANCE 2DAY UPFDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC.D UPDATE:- BTC dominance breakdown horizontal resistance retested successfully and currently moving towards its demand zone. As BTC.D is bearish and BTC is showing sideways behavior, that would be a bullish sign for ALTS, if BTC moves sideways or move upward. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:BTC.D
by CryptoSanders9563
2
Bitcoin Dominance Technical Analysis ( Altcoins Bloodbath )#Bitcoin Dominance Technical Analysis:- As Per Daily Chart Bitcoin Dominance is Bullish IMO. BTC Dominance Bullish = Altcoins Bearish Now I am expecting if Dominance Pump from here then Big Down relly of Altcoins in next couple of days. Next Resistance is 48.50% If Dominance hit 48.50% Level then we can see Altcoins approx -50% drop from here. Keep an eye on 40% Level. This is very strong support. If Dominance Move Upward side then Don’t try to Open any Long Positions guys. Support:- 40% Resistance:- 48% / 58% / 66%
CRYPTOCAP:BTC.DLong
by CryptoPatel
3