Big Alert in Chanlink Dominance!!! Soon this will happenI fount out that Chainlink it's showing us a bullish risign wedge in their dominance. Chainlink Dominane it's bullish, and I see that it's around of 0.61%. Chainlink could be the next altcoin to explode soon!!! And based the left chart, Chainlink could to go back to 2% of Dominance, that it's bullish, and looking the right chart, we see that Chainlink/Ethereum ratio it's bearish and I have these 3 possible targets that Chainlink could to reach down. This could be another plan that it's out of my plan A and B, but now I will put Chainlink in my under radar, because the next movement what Chainlink will do in this dominance could to influence bullish in their price and ratios in Bitcoin and Ethereum. And also, it's very possible that Chainlink go back into the top 10 best cryptocurrency. As Chainlink it's in the top #13 after of Bitcoin (top #1), Ethereum (top #2), Tether (top #3), Binance Coin (top #4), Cardano (top #5), XRP (top #6), Dogecoin (top #7), USD Coin (top #8), Polkadot (top #9), Uniswap (top #10), Binance USD (top #11) and Bitcoin Cash (top #12)
Now, I will going to be in alert of Chainlink news, Dominance and ratios and price to get this analytical data if Chainlink could to influence soon the bullish movement to be prepare to invest in this cryptocurrency.
Dominancetrends
Dominance and market analysis Bitcoin comes into perfectly large downtrend channel. I think $btc will go until 43k-46k and then, plunge. But when btc goes up, all alt will explode crazily. In case of the shit coin, it will shine brightly more than ever. But, That’s the end of Summer vibe of btc. I’ll grab Btc around 20k in september. In case of the eth, it will goes up 3200-3700 between that range. Sell at that moment. Downtrend already made it. Be careful and see you later guys.
BTC DOMINANCE IS RESISTANCEHey as you remember I did shared btc dominance chart and I just signal about to alt rally is coming soon.
here is the my analysis about to dominance
Right now btc dominance give us very bullish signal ! so what we expect right now. But I see Correlation is distorted on bitcoin for a long time.
If the dominance is in an upward trend, we can say that the rally is over on both bitcoin and altcoin sides, hopefully this will not happen. but we have to take this into consideration.
#btc.d #daily #bitcoindominance #btcdominanceHi guys..its the latest analyze chart of #btc.d in daily time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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BTC.DBitcoin investment has plummeted
The volume of bitcoin is one of the most influential factors in the digital currency market.
Now the trend of investment volume on bitcoin has broken the border of the greatest investment pressure and triangles and even the line of its previous trend.
Now we expect Altcoins to be affected by this and experience a growing trend.
#btc.d #weekly #bitcoindominance #btcdominanceHi guys..its the latest analyze chart of #BTCDOMINANCE in weekly time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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Bitcoin Dominance Update, Put Stop loss in all tradesBitcoin Dominance Update
Bitcoin Dominance is bouncing from the long horizontal support line and also tests the psychological support of 50%. There are two possible scenarios now.
The first one is that Dominance bounced from here and test the 58% resistance area and if breaks above it we see a retest of 64% resistance area. In that case, alts will bleed in the BTC pair.
The second case is that Dominance breaks and closes below the 50% area. That will trigger the targets of 45% area and after that 40% area. This is bullish for alts and we see a good altseason in BTC pair. However, there is a low probability that Dominance goes to the 40% level sooner.
Alts market is going parabolic since January 2021 and we see huge gains in the alts market already. Check any altcoin chart and you see a parabolic move without any correction. We expecting a correction in the alt market before the next rally start. We will continue to find TA + FA gems that will give good returns in every situation. For now, open every new trade with a stop loss. Keep Earning
#BTC.D #dominance #4HHi guys..its the latest analyze chart of #BTC.D #Dominance in #4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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BTC Dominance projection based on the lengthening cycle theoryIn the perspective of a lengthening cycle theory, with the end of the cycle around end of 2022, we would have a much longer time to develop the alt season, with a double top cycle in BTC like in 2013, and the coming correction in BTC would coincide with a surge in BTC.D. If this perspective is confirmed, it will be better to go out of crypto and stay in FIAT the time that BTC finishes correcting.... To be followed closely
Blue line = halving
Green line = start of alt season
Red line end of altseason 2017 + end of 2021 if we follow the same time pattern as in 2017.
Cfr my long term analysis on BTC trend in the perspective of a lengthening cycle theory for more information :
#BTC.D #4H #dominance #bitcoindominanceHi guys..its the latest analyze chart of #BTC.D #dominance in #4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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Bitcoin Dominance and Are you ready for Altcoins Session 2.0 #BITCOIN Dominance chart Update:-
#Bitcoin dominance currently at 57%
Which is below of strong support level.
58% support level broke down so this is very good for Altcoins.
We can expect some more uptrend in altcoins.
Now..?
Now next support level is 50%
If dominance will go towards 50% then Ready to another altcoin sessions.
But keep an eye 58% level.
If break upward 58% then Altcoins Retracement posible.
Major level:-
Support:- 50% / 39%
Resistance:- 58-60%
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#BTC.D #dominance #BITCOINDOMINANCEHi guys..its the latest analyze chart of BTCDOMINANCE #BTC.D in #weekly time frame .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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Ethereum Dominance (Overview): It's strenghten!!!It's the first time that I analyze the Ethereum dominance. But I consider that this indicator it's hide information very important that people don't know as data analytics. I'm enfocous more in weekly timeframe and we see that Ethereum Dominance it's bullish. That mean that the Ethereum trend it's bullish in the price. For that, as Ethereum strenghten, we can to see in the next months a grow up of the Bitcoin ratio too. For that, the importance to know this hide information it's very relevant to understand what Ethereum do and maybe others crytpocurrency.
Now, the dominance historic was around of 30%, the Ethereum dominance it's around of 12.40%, and it's grow up!!! And that it's my prediction for the Ethereum dominance throughout of the time.
Guys, if you find up that this idea it's sound interesting, you can to share this analysis with others crytpocurrency traders to have a perspective in Ethereum!!!
BTC Dominance - on the waythe overhang over the level continues.
Waiting for the altseason!
the feast will begin after the breakdown!
on many of the coins is already a feast.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Large Cap Coins Excluding BTC Dominance Index. (Top 9 Alts)Since there isn't an index that specifically breaks out the top nine alt coins in regards to dominance I made this one up. TOTAL2 and OTHERS both look at large cap alts while excluding BTC but OTHERS excludes large cap alts and neither specifically looks at the top 10 excluding BTC. I chose baseline plot as candles had too much noise. I'll update this idea with weekly and monthly charts...