Ethdominance
ETH.D set for slideI’m very bullish on ETH coin long term. But ETH dominance looks set for a slide here in the near future to a range of 5-7% if this pattern holds true. A lot of bullish news will be incoming for ETH this year but initially it could lag behind smaller alt coins on gaining market share. I believe ETH to be the best coin to own long term but in the shorter time frame it might take a back seat to other coins.
ETH.D - Looks Inevitable LongEither now or on the pull back, one way or other.. Long. Caveat if BTC rips through major 10.5K resistance. Seems likely BTC either stays supressed or is just able to follow alts. Halving narrative over. Staking narrative has been taking over, and will probably continue.
BTC DOMINANCE,BTC price history,ETH\BTC history comparisonHi All,
Looking at the weekly chart, it is evident that BTC dominance is heading south.
With the speculating of how BTC price action will be in the coming months to next year, it makes sense to review the BTC strategy.
Prior to this, I posted what I see ETH doing as I have both ETH and BTC as my major holdings.
Since my strategy is about accumulation of BTC + other coins (mainly what ever is hot at the time) I need to know when to flip.
Looking at the chart, one can conclude:
a) BTC dominance is dropping
b) BTC dominance drops significantly at the rise of the BTC parabolic advance > meaning many of the ALTs have better % gains than BTC, just like now.
c) ETH can buy more BTC prior to the major parabolic advance. Just like now.
b) ETH can buy more BTC after the parabolic event
e) At times when BTC dominance is at KEY FIB levels, or on the rise, flip ALTs to bTC.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari
(for my reference > Mastor.Macro.charts)
EthereumThere is no big change.
The movement may change depending on whether the BTC rises.
-ETH Dominance-
He is trying to get out of the downtrend line and touch 7.99.
If there is a rise in BTC, the dominance of ETH will temporarily fall.
The best place to be missed is at 6.40.
A decline in dominance does not necessarily mean a drop in price.
If you go above 9.30, Altcoins will go up.
-ETHBTC-
It is off the short-term uptrend line.
This will also change as the beat moves.
Located below the upward trend line, if you can move along the upward trend line, you will soon rise to challenge the 0.02375900 point.
It is not too long for the day to rise above the long-term uptrend line.
-ETHUSDT-
Continued support from the short-term uptrend line and Ichimoku's baseline will rise to challenge 157.55.
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Since the direction of the BTC has not been clearly determined, you should be cautious in trading.
The current price is an attractive price to buy, but buying is not recommended unless you want a long-term investment.
UPDATE 19/10/2019: ETH Dominance bottom probably 5.85 - 5.95UPDATE 19/10/2019: ETH Dominance bottom probably 5.85 - 5.95
ETH Dominance 19/10/2019
ETH Dominance Zone by trend
Direction: Short
Reasons:
- Price in Downtrend
- Period of time OCT - NOV -DEC
- Bottom probably 5.85 - 5.95
- Time of placement: 19/10/2019
Dominance (BTC, USDT, ETH, XRP)Publish a major Dominant chart for the new week.
The Dominance of the BTC believes that if 67.44 and 63.38 points fall below these two points and then rise to an important point, it is highly probable that they will lead to a rise.
The Dominance of the USDT thinks that 1.70 and 1.43 are important points, and that it is very likely that the fall below these two points will lead to an increase.
The Dominance of the ETH believes that it is highly likely that the 9.30 and 10.99 points should rise above these two points to lead to the rise.
The XRP's Dominance believes that it is highly likely that 5.99 and 8.04 points should rise to more than these two points to lead to a rise.
I think it is very likely that a tremendous boost will begin at point 63.38 of the BTC, point 1.43 of the USDT, point 10.99 of the ETH and point 8.04 of the XRP.
Let's hope the movement of the funds will come into the Alt Coin and then start a spectacular rise with the strong rise of the beat.
Ethereum (ETHUSDT + Dominance)ETH prices have also fallen along with BTC's downtrend, but ETH's dominance is on the rise.
Touching Ichimoku's baseline will see a flow sooner or later, whether it will fall or rise.
If dominance continues to rise, the price of ETH will rise when BTC moves slow.
If the dominance of ETH rises above 9.30, the price of ETH will turn upward, leading to a significant increase.
If the price of ETH is sustained above 169.80, it is likely to form the basis for the price rise.
Dominance Chart Analysis (BTC, XRP, ETH, USDT)Let's have a second time looking at and analyzing the dominances.
The dominance of the BTC should be below the "On the daily chart".
Dominance of XRP should rise above 5.99.
The dominance of the ETH should touch 8.74 and rise.
The USDT's dominance should be below 1.92 and the alt upside should fall below 1.70.
As noted above, we believe there will be a rise to mark the start of the alt bull market.
The dominance of XRP and ETH is not satisfied at present.
At this point, I can't afford to buy it, so I can see the loss.
Conditions for the Alt Market to commence (Dominance)Conditions for the Alt Market to commence.
Transfer of funds should move from BTC, USDT to Alt.
ETH's dominance fell to 8.74 and then rose, but fell to 8.87 and rose again.
BTC's dominance moves within two downward trend lines of the published BTC.D chart, while USDT's dominance should fall below 1.70.
ETH dominance should rise above 9.30 and XRP dominance above 5.99.
If this happens, the alt bull market is expected to begin.
ETH's dominance should rise above 10.99 and XRP's dominance rise above 8.04 in order to get a very big bull market.
Market Cap ETH Dominiance (ETH.D)The dominance of ETH, the head of Alt, is falling.
Even if dominance falls, prices can go up, and that's a trick.
Conversely, the rise in dominance can cause prices to fall, which is also a trick.
If it falls to the maximum, I would touch the lime green downtrend line.
However, the market is expected to touch 8.74 and rise.
ETH (Prj.2019.P02.E03). MACRO Level TAMany things look bearish but more so undecided at this point, hence I would expect sideways movement for some time even though some things have confluence (favorite word to explain things in common) in the bearish direction.
********** If I was to make a call for ETH, I would say there is more downward pressure for the long term because of the strong rejection. ************************
In short:
a) ALT Dominance chart still in the down trend, at best it can go sideways.
b) BTC holds up better than ALTs in a down trend. Last 2 days, BTC found gains and I would expect this to continue.
c) ADX and DI indicator shows in the 4 hrly chart, more down ward pressure
d) RSI hitting 8%, accepting that its oversold, however this doesn't mean it will bounce up quickly
e) Accumulation index is below 0
f) I have ETH still in the downward channel with a strong rejection at the top of it.
ETH WEEKLY Chart: All EMA\SMA above the price, strong rejection.
ETH 3 Day perspective
Price in the strong support range and hence why I expect more sideways movement in the short term. Hence I would wait and observe some more
ALT Dominance chart
BTC Dominance chart (4 HRLY Chart)
BTC Dom. Daily chart
Interesting to note, GOLD has gone up around the same time? 4 HRLY chart