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Othersdominance

Others.D v USDT.d --- Shitcoinz v Stablecoin ratio inv H&SPretty simple ratio to keep an eye. Others is the crypto index minus the top 10 So our blessed Shitcoins Pulled up this ratio today and what do you know we have a inverse Head & shoulders that will help us for profit taking levels. Best of Luck ALTs to run hard into April / May is what I have been calling for. So maybe we get to the linear target .... Pause.... And then finish the job end of the year. best of luck.
CRYPTOCAP:OTHERS.DLong
by BallaJi
1
Repeating Patterns May Lead to a New ATH for Alt DominanceAlt dominance formed something that looks a lot like an HSi with a very small right shoulder, which broke above its neckline and successfully re-tested, confirming the pattern and targeting 16.6%. See the white drawn pattern and its white dashed neckline on the chart. The same area of breakout and re-test from the smaller white pattern is forming another similar small right shoulder on a larger HSi as drawn in blue, with its neckline as the blue dashed line. Should the blue pattern be a repeat of the smaller white one, and breakout of its neckline as well (note that it should as long as the white pattern continues up towards its initial target), it will target 21.8% upon confirmation and any successful re-tests of its neckline. More related ideas for BTC.D and OTHERS.D in the Related Ideas section below. This would suggest the possibility for a new ATH for alt dominance. For confluence, note that the halfway point towards 21.8% nearly equals the initial target of the smaller white pattern at 16.6%. And, rising green volume into the move.
CRYPTOCAP:OTHERS.DLong
by dudebruhwhoa
3
Others Dominance v Bitcoin dominance --- may not give a new ATH ... for the cycle Bitcoin could be so strong That even though the others index ( aka shitcoins ) still do well from here. Maybe they don't make a new high for this ratio. As this chart shows -- last cycle all the coins outside the top 10 peaked at 1 : 2 bitcoin.d essentially the others.d was around 20% of the entire total market bitcoin was around 40% Eth was around 22% (stables and the remainder of the top 10. made up the rest) These targets are definitely worth keeping an eye on!
CRYPTOCAP:OTHERS.DLong
by BallaJi
3
Alt Dominance about to BreakoutThere's a falling wedge with a failed breakdown on the 3 day chart. That failed breakdown highly increases the likelihood of a successful breakout. RSI has been diverging from price, and that divergence recently strengthened. Bitcoin dominance recently bounced from the top of an expanding wedge and looks like it wants to head down, finally making its new ATL: Could this be the time for alts to make strong gains against Bitcoin before the next halving run begins?
CRYPTOCAP:OTHERS.DLong
by dudebruhwhoa
The same view as beforeDominance currencies will face a sharp and rapid decline in the coming period, and it will be the last to build a bottom on which to base the rise that follows for a long period. Clarification: Currency Dominance is an indicator that shows the percentage of currencies’ acquisition of liquidity in the crypto market and indicates the rise or fall of currencies as a general indicator. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look Good luck
CRYPTOCAP:OTHERS.DShort
by KhaldHegazy
3
Alt Dominance with Stablecoins Dom RemovedHere's a look at CRYPTOCAP:OTHERS.D or Altcoin Dominance vs. itself, but without CRYPTOCAP:USDT.D and CRYPTOCAP:USDC.D When removing the calculation of stablecoins dominance from the picture, the pattern looks less like a downtrend and more like a potential bottom that may soon reverse. Most are not expecting this with the present rise of CRYPTOCAP:BTC.D , but this could occur should a metric ton of cash move out of stables and into Bitcoin and Alts. Just a thought, please let me know what you think or how you might see things differently, and thank you for taking a moment to read through my own! Note - the picture may look even more accurate if there was a way to track BUSD Dominance in relation to OTHERS.D Just another, -dudebruh
CRYPTOCAP:OTHERS.D
by dudebruhwhoa
2
Alt Season Incoming There is more than 3 parameters that we're getting into the Alt Season. But we only need 3 OTHERS.D as you see made a positive divergence exactly on 0.618 level of long-term fibo and, Touched the up trend-line for first time and showed pump reaction .The only thing we need is to break the down trend-line . ETH.D had made a rising wedge and its going to dump or getting into trading range . BTC.D raised for a couple weeks and its getting to the 0.5 level of retracement fibo and it has potential to make negative divergence .
CRYPTOCAP:OTHERS.DLong
by MrPro7
Bitcoin at critical support bandThe support band consists of two indicators: the 20-week simple moving average (SMA) and the 21-week exponential moving average (EMA). While Bitcoin recently experienced a weekly close below the 20-week SMA, it has yet to breach the 21-week EMA. Bitcoin's rally may fade as the year progresses, but the timing of a potential fall below the support band remains uncertain. The lack of sufficient liquidity in the altcoin market further complicates matters; the issue with the liquidity of alts is that we see alts bleeding on their BTC pairs, this is an issue because a rally in BTC would actually wreck alts more in the mid-term because of the low amount of liquidity, the alts would underperform and when BTC will break down on the support band, we are likely to see a crushing dump in alts before the next halving The mid-term TPI is currently bearish, so I expect bias to the downside in the coming weeks! The dominance of alts is likely to keep falling, indicating alts will underperform BTC for a while The Universal TPI is available below;)
Short
by IkkeOmar
1
Don't touch altcoins until you see this!Over the past few months, we have seen an increase in the dominance of altcoins in the cryptocurrency market. This dominance has risen from 9% to 12%, indicating a growing interest in altcoins among investors. During this period, the Trend Probability Indicator (TPI) was bullish, suggesting that this trend was likely to continue. However, since March 7th, the TPI has been bearish on the dominance of altcoins. Three days ago, it briefly went neutral, but it is currently at a TPI value of -0.257, which is considered bearish for the dominance of alts for now: For the long-term TPI we see the trend being much more weak for the dominance of alt-coins. The long-term TPI has a value of -0.7142. It's quite likely that BTC and ETH will continue to outperform alts until we see more conviction and certainty in the market. This means you are currently taking on more risk for less returns by holding ALTS, wait for a proper signal from the performance of alts! You can even compare a strong altcoin like SOL to ETH and see that SOL is heavily underperforming ETH: When the TPI is red on for example the SOL/ETH chart we see that SOL is underperforming ETH in terms of risk adjusted returns and losses.
CRYPTOCAP:OTHERS.D
by IkkeOmar
Down to 5.5 and Lower or Back to ATH at 19.4Scenario A: - Confirmed Head/Shoulders top, successful re-test and then down to 5.5% - Likely headed much lower after losing the lower trendline of a long-term rising wedge, which has also been successfully re-tested and has continued down - Possible because of two confirmed patterns and re-tests. Scenario B: - Unconfirmed Falling Wedge, which if it breaks up from will target ATH at 19.4% and bring us back into the rising wedge on pending a 2nd re-test. - Double-top and then true exit of the rising wedge before heading much lower - Possible because this behavior would be similar to the behavior following its previous set of peaks in 2017-18.
CRYPTOCAP:OTHERS.D
by dudebruhwhoa
1
Exploring Bitcoin and Altcoin DominanceIntroduction The dynamic landscape of cryptocurrency trading is filled with a multitude of variables that traders need to comprehend to navigate the financial waters successfully. One such vital aspect of understanding is the relationship between Bitcoin Dominance (BTC.D) and Other Cryptocurrencies Dominance (OTHERS.D). This article aims to provide an in-depth insight into this relationship and its long-term trends. Bitcoin Dominance: What is it? Firstly, to understand the relationship between these two, we must grasp what Bitcoin dominance implies. Essentially, Bitcoin dominance illustrates the ratio of Bitcoin's total market capitalization relative to the aggregate market capitalization of the entire cryptocurrency market. Expressed as a percentage on a scale from 0 to 100, it signifies the proportion of Bitcoin's capitalization compared to the total market capitalization. Other Cryptocurrencies Dominance (OTHERS.D) Similarly, Other Cryptocurrencies Dominance (OTHERS.D) represents the total market capitalization of the top 125 altcoins, excluding Bitcoin and some other leading cryptocurrencies. It reflects how the altcoins are faring against the total market cap in the crypto market. Correlation Between BTC.D and OTHERS.D Now, the crucial question is, why should we care about these percentages? The significance of this relationship is revealed through the Correlation Coefficient indicator, which quantifies the degree to which these two indices move in relation to each other. A Correlation Coefficient value of +1 indicates a strong positive correlation, signifying that both instruments tend to rise or fall simultaneously. Conversely, a correlation coefficient of -1 represents an inverse relationship, meaning when one instrument rises, the other falls. A coefficient of 0 suggests no apparent correlation, implying that the two instruments move independently of each other. Historical data reveals that the correlation between BTC.D and OTHERS.D is often around -0.9. This suggests an inverse relationship where an increase in Bitcoin dominance typically corresponds to a decrease in altcoins dominance, and vice versa. This correlation is significant as it guides traders on whether to shift their focus towards Bitcoin or altcoins. Long Term Trends When we delve deeper into the long-term trend analysis of BTC.D and OTHERS.D, a broader picture begins to emerge. This broader view becomes more apparent when we visualize these trends, with Bitcoin dominance (BTC.D) represented in orange and Others.D in red, which allows for a clear discernment of an inverse correlation trend. Over time, Bitcoin dominance, as depicted by the orange trend, has tended to display a downward trajectory. This indicates that Bitcoin's proportion of the total market cap has been steadily diminishing. In stark contrast, Others.D, represented in red, has shown a long-term upward trend. This indicates that the dominance and capitalization of altcoins are gradually rising relative to the total market cap. Conclusion Understanding the symbiosis between Bitcoin Dominance (BTC.D) and Other Cryptocurrencies Dominance (OTHERS.D) is instrumental for navigating the cryptocurrency trading landscape effectively. A clear trend, observable over the long term, shows a steady decrease in Bitcoin dominance juxtaposed with a corresponding increase in altcoin dominance. This evolution might be attributed to several factors. One of these could be the proliferation of new cryptocurrencies entering the market. Another factor could be the progressive advancement of blockchain technology, which is steadily pushing the envelope of modernization. It is essential, therefore, to regularly analyze and monitor the BTC.D and OTHERS.D charts. Spotting a distinct trend in either direction could offer valuable insights for your investment strategy. Attempting to follow these trends can potentially provide advantageous trading opportunities. The beauty of Bitcoin's design lies in its transparency. Nowhere else is the flow of capital as visible as in Bitcoin. This visibility lends a unique perspective, providing traders a strategic edge. By embracing this, you can bolster your understanding of these market dynamics, facilitating more informed and effective trading decisions in the fluctuating world of cryptocurrency. Thank you for reading this article. I hope it has provided you with a useful insight into the relationship between Bitcoin Dominance and Other Cryptocurrencies Dominance, thereby enhancing your understanding of cryptocurrency trading. Your pursuit of knowledge in this ever-evolving field is commendable. Stay informed, stay ahead! Best Regards, Karim Subhieh
CRYPTOCAP:BTC.DEducation
by KarimSubhieh
3
Others.d - May regain traction in the mid term.Looks like we're nearing the projected target for wave 2 of a bullish wave dating back to feb 2017. Should this come into fruition, we can see a potential alt coin reversal on the cards and therefore should allocate capital into alt coins for mid-longterm gains. In the short term, on bitcoin we see a potential wave B rally and then a wave C correction as wave A has recently completed, bottoming at 25.9k It is possible that when wave C for bitcoin completes, that altcoins start to gain dominance and increase in pricing as a lot of people have been shaken out their holdings and only true believers remain, which is usually the best time to buy.
CRYPTOCAP:OTHERS.DLong
by TheCryptoMvp
Forecast for the Crypto MarketI wanted to give a quick update on the Long-term TPI for BTC, and how I see the altcoin market doing compared to BTC: The TPI has had a relatively high value for a long time I can't foresee the future, but I don't believe that external market factors will allow this to keep going, I do believe we will see a big scare before the next halving of BTC BTC's strength compared to ETH As of right now, ETH is bleeding on it's BTC pair. We have been relatively stable since October last year, but BTC has been the safer asset in terms of returns (both downwards and upwards). How is the altcoin market doing? I've mentioned in a previous video idea that I believe that alts won't be outperfoming BTC in the near future. The dominance of alts are still on the decline, and the TPI value (-0.71) is indicating that dominance of altcoins will go lower than now! I've linked my previous ideas on these subjects, as always... Stay safe
by IkkeOmar
1
A possibility about the final bear movement...Others.DOthers dominance graph has been working very well since 2019. Red declining line has been confirmed 2 times (2021 summer+mid2022). But this time, after the ftx issue, it seems to be broken down. After a possible confirmation, it's likely to go down to the possible return point of 7.66%. Additionally, it seems that we have a HS pattern formed (but not confirmed clearly yet) which has a final target of ~6.5% If the confirmation formed, my game plan will be kind of like this. ps: Just a humble idea of a possible movement.
CRYPTOCAP:OTHERS.D
by kriptolga
1