In the first ever post coming from BitOwned, I'm going to drop some knowledge. This is something I kept secret for me and some select people that have been chasing with me the next altcoins bull market. All this until today, when I decided to share the knowledge with you and everyone who would like to join our community and be part of this group. If you're...
EW analsysis of BTC dominance shows that we should be in wave 4 of the last wave 5 of 5. It s synonym of mini alt season, it will be followed by a wave 5 where BTC will pump again against alts, then it will be the crash and a big one. The targets for the wave 4 are in red on the chart. I tend to think the first red line at the 23.6 retracement is the most...
keep it simple, confluence at 0.618 and area of resistance on daily time frame
I guess Ethereum have atleast one shot against Bitcoin in next cycle. best scenario if ETH/BTC reach my target ETH/USD 4.000 USD other scenario is ETH/BTC reaches lower high and ETH/USD top at 1.000USD wrost scenario is ETH goes all time low on ETH/BTC chart slowly.. and sideways around 300-400USD Good Luck.
We may be in the middle of wave 5 in BTC dominance, at the moment probably at the beginning of wave 4 with 3-4% correction still to go. Wave 5 will be followed by a major correction, it s when alts will moon. Good luck to all and happy trading!
Those are the levels I would look when it comes to bitcoin dominance. If we break above the first I'm killing all alts and moving into BTC
After reaching $11,200 -- BTC needs to correct and alt coins need a chance to catch up. I think the next 1 to 3 weeks will be a rapid bloom time for the alt market but it could all be over by the middle of July! Let's review. Regarding BTC, $11,100 represented the 3.618 Fibonacci advancement line, when measured from the bottom to the tip of the first wave....
Bitcoin's market dominance appears to be at a the precipice of reversal, which would trigger the next wave of Altcoin season. BTC breaking out, above the triangle invalidates this idea. I think we will see an immediate drop in BTC dominance down to at least 59. Some alts will pump in this period while speculating traders take their bet. Upon reaching 59,...
ALT season ou pas ALT season telle est la question ?
A few options for the end of the bear market. The white path appears to be most whale friendly and will be watching here. Additionally, the green path would be most Alt Season friendly.
BTCUSD is falling from $20.000 / coin mark to $5.000 - $6.000 / coin since December 2017. Will Bitcoin price rise on winter season this year? BTCUSD has resistance at $7.420 and $8.460 price mark, If that level broke before the end of this year It's possible to rally again early next year. But, if it doesn't happen BTCUSD will retest its support at $5.800 and $4.970.
Hi, Today I found some bad stuff on the weekly log chart. I hope they are not signs for the future. But I am going to show you anyway. Look at the dates and the pattern, and the price percentage decline........... Lets hope its not a 2014 year, fingers crossed and lets hope this is completely wrong.
$ETHBTC has been a leading indicator to buy/sell your $ALT positions over the last 2 years & been very effective in doing so. We've been ranging in a trend on $ETHBTC which identifies selling $ALT positions at the top of the range (TL RESISTANCE) and buying at the bottom of the range (TREND LINE SUPPORT) I've indentified the correlation using the $LBC chart on...
Daily time frame showing falling wedge + a close MACD cross. (This is not financial advice, this is a volatile market where anything can happen)
Looking at the Daily time frame we see a falling wedge pattern + MACD cross. (This is not financial advice, this is a volatile market where anything can happen)
We will be breaking out of this curve within the next 2 weeks. Likely sooner. I have my targets listed.