OTHERS.DA decline is expected for the shaded area, and thus the decline in the acquisition of alternative currencies is complete and a bottom is formed for it, and in return it strengthens the percentage of Bitcoin acquisition
OTHERS.D trade ideas
ALTS DOMINANCE - RSI wayyyy OVERSOLDSince 2014, what happened each time the ALTCOIN dominance RSI was so low?
It marked a bottom in ALTS every time!
The risk / reward ratio of holding ALTS vs BTC is absolutely incredible right now!
My money is on ALTS outperforming BTC in the next couple weeks / months.
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.
altcoin dominance others 1 weekaltcoin dominance others
1 week line
altmarketcap dom. btc others
bull run
Could this be the BEST time to buy ALTCOINS?Keeping an eye on the OTHERS DOMINANCE is critical to know when ALTS will start mooning again.
It's no surprise ALTCOINS have been doing very poorly vs BTC and ETH in the last months.
Eventually ALTS will find a bottom and the dominance will start rising again.
You see we currently on support and we have a weekly bullish divergence.
Two BIG clues about the future of ALTS for the next couple months!
Others.D vs ETH.D & BTC.DOTHERS.D rose from a solid 1% in 2016 to 12% in 2022, while ETH.D only rose from 8% to 19% and BTC.D declined from 96% to 41%. Therefore, we can clearly see the imminent growth potential of OTHERS.D vs ETH.D & BTC.D.
Others.D OutlookIt is a possible long-term scenario for Altcoins. As we know, Crypto is made to enhance decentralization. Concerning the fact that when Bitcoin retraces, almost 99% of Altcoins follow it does not confirm its goals. Many of the Cryptos had completely different plans when Bitcoin started its winter. Unfortunately, some of them went bankrupt, some struggling, some unclear and some resilient still.
Others dominance NostradamusAs the crypto hype ramps up in the rest of the decade the market share of newer projects increases.
Here is Why Some Altcoins Will Go ParabolicFREE MARKET UPDATE
- Yello, ladies and gents
One of the charts very few traders know about is OTHERS.D.
This chart shows the dominance of coins, excluding Bitcoin and major altcoins with a high market cap.
If you properly analyse the chart, you can clearly see that some fundamentally and technically powerful ALTCOINS will have some decent recovery in the upcoming weeks.
If you are managing your portfolio with care, you will soon start experiencing gains like in a full bull market again!
🔻BTC.D ,🔻USDT.D & 💹OTHERS.D (UPDATE)❓❕HEY crypto community, what's going on today ❓❕‼️😉
since Jul 21 ,that I posted last update for BITCOIN dominance , OTHERS dominance and TETHER dominance , as I expected ,these indices has been slightly continuing previous trends !
Also as I told you guys , while the dominance of both BTC and tether decreased But others.d increased and at same time we an wait for more growth for altcoin , and we've seen that bitcoin and altcoins prices has slightly raised recently .
So in my opinion it means that at least a short-time Altcoin-party is still expected , .
when the bitcoin dominance is still significantly bigger than others . ( Usdt.d - Others.d - Eth.d..) BTC.D AND Bitcoin price is determinant for the next possible movement of crypto market !
technical point of view:
-bitcoin dominance(BTC.D) has recently lost a major Pivot zone and treding under POC lines(Power of Control) . so in this case if it not be able to return back soon above this pivot zone immediately . it can easily drop on the lower support line .
- also as I expected for Tether dominance(USDT.D) it has been declining til now, recently ceased at a dynamic support line , so may it has a rejection and can form a H&S pattern that can fall again in this case , but anyway if loses the current support it will easily fall on the lower support zone .
- Also for Others Dominance: as we see its already trading above a major pivot zone , and meanwhile BTC.D and UST.D is decreasing it can continue its uptrend and tests the higher resistance zone just if it be able to maintain the current pivot zone.
conclusion:
According to above chart , if the current scenarios for dominances continue , Whether bitcoin price goes more up or even goes sideway its a good situation to long altcoins. btw in this situation if bitcoin even goes down ,then altcoins can go sideway!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
ALTS Dominance is Bullish Long Term! Next Level = 28%Long term, ALT dominance is going up, there's no question about that.
The hard part is knowing which ALT will outpeform BTC.
ETHBTC for sure but apart from that, other ALTS take turns.
So it's a trading game. The safest bets are the top 10 ALTS but those change too. Top 10 ALTS 3-4 years ago are completely different than today!
Ethereum will do well vs BTC, there's no question about that.
Which other crypto will outperform BTC in the long term?
ALTCOINS BIG PUMPSwith this scenerio, altcoins may go to moon.
important note: it is not investment advice.
full respect,
🔻BTC.D DOWN,🔻USDT.D DOWN & 💹OTHERS.D UP ,What will happen❓❕HEY traders, what's going on today ❓❕‼️😉
since previous analysis that I posted for OTHERS dominance ,some interesting events have happened in the crypto market .
🔻📉BTC.D has declined ~ -10% ( from 49%-43%)
🔻📉USDT.D has declined ~ -30% ( from 9.5%-6.5%)
💹📈OTHERS.D has raised ~ +20% ( from 11%-13.5% )
while the dominance of both BTC and tether decreased But others.d increased and at same time we saw that bitcoin and altcoins prices has raised recently , so What it means ?!
in my opinion it means that in the recent weeks while majority of trader expected a green market and increase for bitcoin and altcoins but they mostly put their liquidity to the altcoins market because might expected more growth for altcoins rather than btc when btc.d is down .
If you don't know what's OTHERS.D , Before going any further more you should know the OTHERS.D represent the percentage of total market capitalization of the top-125 cryptocurrencies, excluding BTC and some other top cryptocurrencies. You can see the list of excluded coins on the Total Market Capitalization Dominance chart on the cryptocurrency market page . The excluded coins are displayed along with the OTHERS market chart.
Although the relation between the BTC.D , bitcoin price , altcoin dominace and their prices is a little bit confusing for most of us , but these key point can help us to predict the market !
EXPs :
if BTC price increase and BTC .D increase too ====> Altcoins price decreases.
if BTC price decrease and BTC .D increase ====> Altcoins price Dump and decrease heavy. This is dump phase.
if BTC price go sideway(without up or down) and BTC .D increase ====>Altcoins price don't change and this is accumulation phase.
if BTC price increase and BTC .D decreases (or sideway ) ====> Altcoins price jump or may have a altseason.
if BTC price decrease and BTC .D decreases too ====> Altcoins prices go sideways.
if BTC price go sideway and BTC .D decreases ====> Altcoins prices increase
so now what I expect for crypto market and altcoins?!
As always because of more dominance of Bitcoin ,we start with btc and btc.d ( I also assume that USD.T continues its down trend ),
📈_ thus if btc.d maintains the current support zone and be able to increase by breaking of the descending trendline and then can reach the higher VG zone :
if at same time bitcoin price rises >> so in this case others.d loses the current pivot zone and altcoins price will decrease
if at same time bitcoin price decreases >> so in this case others.d loses the current pivot zone fall to lower support zone and altcoins price will dump
if at same time bitcoin price goes in a sideways >> so in this case others.d maintain the current level and altcoins price will continue an accumulation phase
📉_ But if BTC.D the loses current support and goes down to lower support or may ( continues sideway) :
if at the same time bitcoin price goes more up >> so in this case altcoin dominance can reach the higher resistance zone an forms a H&D pattern and altcoins price will jump
if at the same time bitcoin price goes down >> so in this case others.d then altcoins price will go in a sideway
if at the same time bitcoin price goes sideways >> so in this case then altcoins price will go up
but anyway take it mind according to the USDT.D chart and previous analysis for , the tether dominance may increases in the short-term and the the same time btc.d and others' lose more their current dominances again , so in this case we may have a temporary down before any rising (in the mid-term )!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Altcoin Season has startedThis is Others.D which illistrates Altcoins without Ethereum dominance in the market. This is the weekly candle chart.
Let's start from bottom of the chart.
1. The Stochastic RSI has been out of oversold since the 20th June 2022, it looks like it is curling back down which would gain BTC back some dominance.
2. PCT Rank Top Bottom is light coloured green stating that we are bottoming out and momentum turning back up.
3. The Money Flow Index has dropped below 20 tells me that the money coming in should start increasing.
4. I have put in the historical Linear Regression lines (in Green) 6-13th June 2022 price had bounced off the lower line.
All of this above looks to me a great time to start buying Alts. The Stochastic RSI is a concern, but overall we should be right to go.
Others.D OutlookOthers.D is reaching a very strong resistance. Expect to return to the 11% zone for most likely lower.
End of downturn AltcoinsReaching the Dominance Support Area of Altcoins is nearing the end of the market downturn
OTHERS.D_2022-06-15_09-34-28In the weekly time frame, creating a positive divergence will cause temporary growth, and then in the monthly time frame, we will have a return to the long-term uptrend line.
* This analysis is not a buy or sell offer.
Altcoinstoday market is horrible! but let remind that there were green days too.the last chance that altcoins should comeback! otherwise we will go for 2024!
Buy BTC or Altcoins when the market starts recovering?Observe the above 10D chart.
1) Four whole red candles printed outside the lower bollinger band. Never has that once happened in this chart. Remember, the majority of times candles print inside the bands and when they do outside, they sharply correct.
2) Counting wicks, the index has corrected almost 45% from its recent top and is currently testing a previous top (marked by the yellow line).
3) Most altcoins have depreciated 80-90% from their previous market tops.
4) The corresponding 10D BTC.D chart satisfies the exact opposite points (RSI is high, price above upper bollinger band). Also it prints a pattern close to a triple top)
On the 5D chart below, we can see that RSI hasn't been this low since 2016, when a 800% move followed.
In my humble and non-professional, non-investment-advice opinion, altcoins will bounce harder than BTC soon when the crypto markets starts rallying again.
ALTCOINS/OTHERS dominance going to 30% - Sell ALTS January 2023For all the BTC maxis, can you tell me which way the long term trend is going for ALTS dominance?
Yes, the ALTS have had major crashes vs BTC & ETH but since 2014, the trend is pretty damm clear. It's up.
Holding ALTS long term has been a good idea vs BTC.
You just need to pick the RIGHT ALTS.
That's not that easy.
The large caps might be safer bets.
Individual ALTS Moon and crash and disappear quickly, but the OVERALL ALTS dominance has been growing since 2014.
So maybe holding a BASKET of ALTS is the best idea.
Diversify into multiple ALTS.
We are touching the historic trendline.
It's VERY likely we get a bounce from here from 11% to 30%. 3x in dominance. About 150% increase.
That's a pretty incredible BULL RUN if you ask me!
I'm bullish on ALTCOINS if it wasn't clear.
Others.D OutlookOthers.D had 11.30% - 12.00% as a resistance before. Then, it went through it for sometimes and now we expect this to be our final bottom and ready for skyrocketing soon.
