Ethdominance
#ETH/USDT 8HOUR UPDATE BY CRYPTOSANDRES Hello, members welcome to ETH/USDT 8hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
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CHART ANALYSIS:
As I mentioned in my previous chart that ETH/USDT was trading on the upper trend line or the green zone and will bounce, till now ETH moved well as I said.
Now, IMO we can see ETH touch the upper trend line one more time and bounce which will be the confirmation of a good green rally.
STAY TUNED WITH US MORE LARGE-CAP CHART ANALYSIS IS UPCOMING.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
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#ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERSHello, members welcome to ETH/USDT 4hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
First, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
As we can see in the above mentioned chart that ETH retested the upper trend line or the support zone and bounced.
Here now I am expecting according to the current scenario that ETH can put hard from this level.
If it breakdown the upper trend line then this chat will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
Alt season is coming in the coming weeksHey everyone,
Here, there are three charts in the weekly time frame. 1) BTC 2)BTC.D 3) ETH.D +BTC.D
As we know ETH and BTC already reached a full Fib on their market cap and so many altcoins (mainly new ones) had a massive gain.
As we are starting a new macro upward trend and alongside that in Stoch RSI we can clearly observe that we are expecting the going up. On the other side, with the BTC and BTC+ETH dominance we are experiencing maximum Stoch RSI, and in the coming weeks I will expect less excitement/cool off from them.
What does it mean ? - It means we will see the Alts will outperform the top cryptos that are reached their max potential and market rotation will happen once the market starts to move with BTC. Currently, Total 2 and Total 3 are still trying to catch the momentum.
ETH/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
ETH/USDT is also conformed to a falling wedge pattern as I have seen in the 1-hour update
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
ETH/USDT 4 HOUR UPDATEWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
ETH/USDT analysis is 21MA bounce and bullish signal and 21MA break after ETH/USDT is bearish
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
Ethereum Dominance Weekly TF 30/01/2021as we can see due to BTC dominance increase the Ethereum has fallen back and trying to recapture the market as it is now in the accumulation zone and getting back to its Distribution zones
as we had analyzed the BTC dominance and that was more on the Fall side so we can conclude that the ETH.D is in a good Up Rise and
i.e.
as BTC.D falls so Does the other Cryptos Rise
they have the negative correlation with each other as they show the Market Dominance percentage
so once one concur the market others will fall out of it
we have used Fibonacci projection and Price Action analysis for specifying the Redistribution zones post it Dominance Upraise
i have linked the Bitcoin Dominance analysis too
you can refer to them for better comprehension of its correlation with Ethereum dominance
please comment your ideas and opinions
$ETH MARKET CAP ETH DOMINANCEETH dominance, which is important and leading for altcoins, rose to 22.30% and made throwback to 20% level. Now I expect ETH dominance to rise up to 25% and with this rise, ETH and other altcoin prices will react upwards in the coming period.
Altcoinler için önem taşıyan ve liderlik eden ETH hakimiyeti 22,30% lere yükselip yaptığı geri çekilme ile 20% seviyesine geriledi. Bu geri çekilme sonrası ETH hakimiyetinin 25% seviyelerine kadar yükselmesini ve bu yükselme ile önümüzdeki dönemde ETH ve diğer alt coin fiyatlarının yukarı yönlü tepkiler vermesini bekliyorum.
BTC 4 wave completed? It looks like we may have completed the btc 4 wave based on size of drop by Fib and fib time cycles. Still potentially trending down. Need to turn up within a few days. Can't drop 52k or would invalidate elliot wave. Might hit 48 but can still be bullish from there based on channel bounce.
TOTAL Cryptocurrency Market Cap (With BTC) Outlook 17/02/2021as we can see currently we have 1.515 Trillion Dollars invested in the entire ecosystem of the Cryptocurrencies which is quite a bit huge amount of FIAT and yet we may have more Fiat to get invested in to this world as FOMO of retailers may pressurize it in higher but the question is how far?
now days we can see many regulatory and governments bodies are working on their Crypto currency as the system became aware of that they can not resist this movement so they want to get themselves involved in this new area and they are introducing their own coins or tokens.
from the other side we can see that the Online payment system and companies are also incorporating the crypto currencies in to their payment moods such as PayPal, Google Pay, Samsung Pay and so on...
so all of these factors can show that we might be having more Buy pressure and this Bullish trend Shall continue its rallies,
we have specified some zones based on Fibonacci expansion and we could see that soon we may face 2 Trillion dollars level and post that we may have some distribution as some corporate and big investors may want to capitalize and convert their Cryptos to Fiat in order to pay their investors or bills, so we can still be optimistic about this bull run,
keep in mind that this chart includes BTC and Bitcoin itself holds 61% of this market cap dominance and the related chart of that and Ethereum dominance is linked for your reference
we will link the TOTAL chart without BTC also soon to the same analysis.
please comment your opinion about this analysis and description
ETH.D Analysis Using GannA Gann Fan analysis
Using the downtrend we can plot two points of Gann (2/1) and (8/1) both can be seen to be support points for the price
The uptrend Gann fan shows continually hitting of the top (1/2) seeing this we can assume that pressure is building up at this resistance point, and the bullflag that has formed above the (8/1) Gann line will smash this resistance
The indicator (MavilimW) I have tried to show a comparison to the (2/1) Gann level, possible repeating pattern on the indicator (green, yellow and red ovals)
Basically I expect ETH dominance to increase dramatically
ETH/USDT 1DAY UPDATEWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
ETH/USDT analysis 1day update is support $3696 after this bounce
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you..
Eth hit 5 wave target, Corrections next. Ethereum hit elliot 5 wave target. Total Cap hit close to 3T target. Monday too bullish for setting healthy bullish trend for the week. More like a fakeout Monday pop. Eth.d Skipped a green on 4 hr. BTC.D can rise with Total cap drop in a bearish fashion. Watching for LPT dip. 10% cash.