Get started

Moon

Bitcoin Dominance Range: The Key to Unlocking the Alt Season!In the dynamic world of cryptocurrencies, we are constantly monitoring market trends and looking for cues to predict future price movements. One such trend that has caught my attention is the Bitcoin dominance trading range (as I've discussed many times previously), which has been oscillating between 40% and 48% since May 2021 (almost 2 years). As the market anticipates a potential alt season, breaking through the 48% level and tapping 50% could hold the key to unlocking significant gains for alts. Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization attributed to Bitcoin. As Bitcoin's dominance continues to trade within the 40% to 48% range, I am eagerly awaiting a shift that could signal the much-anticipated alt season. The best chance for this to happen is when Bitcoin dominance breaks through the 48% level and reaches 50%. Ideally, we would like to see this shift occur within the next two weeks . A crucial date to watch is April 6th, which coincides with the full moon. If alts have surged by this date, it might be wise to exercise caution and reduce risk . However, if Bitcoin experiences a pullback leading up to the next full moon, this could present a bullish opportunity where I will be looking to capitalize on potential gains. As the crypto market continues to evolve, the Bitcoin dominance trading range remains a key indicator for everyone awaiting the next alt season. With the full moon around April 6th serving as a potential turning point, it is essential to keep a close eye on market trends and be prepared to adjust trading strategies accordingly. FINAL IMPORTANT NOTE If Bitcoin dominance breaks throuh 50% and does not retrace, the alt season mentioned above will be delayed and Bitcoin would be making a significant advance to new highs for this year and would have surpassed the technical barrier of $30,000 - which would be extremely bullish for Bitcoin. This scenario I currently give approximately a 25% chance of occurring. And remember, just like the moon influences the tides, it might influence the crypto market too – but don't be too surprised if it doesn't! After all, we're trading cryptocurrencies, not werewolf futures!
CRYPTOCAP:BTC.D
by bitdoctor
MASSIVE Bullish "Kangaroo Tail" Candlestick playWith last weeks candle closing printing a textbook Bullish Kangaroo Tail, it would seem there could be tremendous buying power entering the market now pushing price up. Also with the news out Binance transferring recovery funds to ETH and BTC, this fundamental factor will most likely confirm this thesis. Let me know your opinions. This is a nice trade setup with stop loss below wick of the tail, however not financial advice, nor have I taken this trade, I have been buying spot ETH this whole time :)
BITSTAMP:ETHUSDLong
by XAUKilla
1
Long term Golds, a cup of moon tea anyone?My idea is given that the Cup and Handle pattern is a classic bullish pattern and is one repeated in golds historical price we appear to be a very bullish long term gold signal in the next coming months.. We can also take into account the convergence of the cups curve and a potential breakout area for the end of a falling wedge and rising upward trend also when we look at the date for when we expect to see the rise in price for Gold there is reported to be planned Military action from Russia against Ukraine, even if war doesn't break out there will be rises in tension especially as Bidden has publicly shown support for the Ukraine and Putin is talking about all out war without Americas capitulation on Ukrainian Sovereignty.
OANDA:XAUUSDLong
by ChimeraBearBull
BTCUSD Potential Forecast | 9th March 2023Fundamental Backdrop 1. Upcoming NFP print can dictate the direction on BTCUSD. 2. Fear and greed index is inclining more towards "fear". Technical Confluences 1. Price is in a bearish trend, forming lower lows and lower highs. 2. Price has rejected off a H4 resistance zone at 22169. 3. Price looks poised to tap into the H4 support zone at 21400. 4. Price is well under the ichimoku cloud, signifying bearish intent. Idea I will be looking for price to continue its bearish momentum in the market and for price to retrace back to 15000 region. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
COINBASE:BTCUSDShort
by OlympusLab
Bitcoin Futures Analysis: Potential for a Bullish MoveHello everyone, I am excited to share my first post and my analysis of Bitcoin futures on a daily chart frame. Based on my analysis, I believe that Bitcoin may be on track to fill the gap at 28,740$, however, there are some important factors to consider. One of the key indicators that supports my analysis is the Relative Strength Index (RSI), which is showing a strong bullish divergence. This suggests that momentum is shifting towards the upside, and that there may be a potential for a bullish move in the near future. Additionally, the 50-day moving average is about to cross over the 200-day moving average, which is another bullish signal. However, it is important to note that if we break below 21,450$, this analysis may no longer be valid. If someone is looking to trade based on this analysis, they should wait for the price to break over 22,700$ before going long. It is also important to keep in mind that the most important resistance level is around 25,000$, as indicated by my white trend line. Overall, based on the technical analysis, I believe that there is a strong potential for a bullish move in Bitcoin, with a target of the unfilled gap at 28,740$. However, traders should always do their own research and make informed decisions based on their risk tolerance and investment goals. I would love to hear your opinions and comments on my analysis. If you found it useful or interesting, feel free to follow my account for future updates and analysis.
CME:BTC1!Long
by IndzheV
IOST - its its turn!IOST crossed EMA50 (green one) receently, and tried the EMA200 (red) 4 days ago then got rejected. That second try should be the good onee, I expect IOST to rallye up pretty soon. Volume should be higher today and for the next few days, 0.50 fib (red box) is the target on my side (around 0.0422). FIRST TARGET = 0.025 - 75% profits will be taken Ill take 100% profits at 0.042 I'lll detail it more in the comments. Dont miss the train, IOST is going up! Cheers!
Long
by Nkrypted