guess at where btc.dom goes over the next week. I think we see another wave of alt resurgence 20/07/2020 mostly for the meme But also because it is current trending direction and apex decision point.
TOTAL2 as an apex from current alt market resurgence trend line and last years overall bearish trend line. Could see breakthrough or rejection depending on world market conditons, mostly euro/asia tho imo lately. My bias is still long, if these tech assets are going to keep loosing value despite their position in the market being cemented/ use cases skyroceting,...
does appear that for now the total2 market cap is holding bullish trend. saw some pretty legit FUD about floods in China, but china is a massive area, much of which is highlands to my knowledge. Unsure how weather events could impact such a robust and dynamic economy at least for a couple more years till the weather events really take charge. imo still bullish...
sorry for the lazy chart, confluence with btc.d macd bearish cross or bounce the trend is for alts to continue rally
Attempted to spot something like supply/demandzones for the BTC.D Chart There does appear to be some sort of correlation in the trend Same gradient lines match points all over the chart in new range 90%-45%ish apex points from various significant(?) trend lines match significant moves or turning points in dominance Sitting in low 70%s old sup/dem(?) zone just...
The alt marketcap appears to be nearing the end of correction and looks to be heading for a small recovery in mid/early october Bullish Divergence printing near old trendline Some apex descision points in confluence with PA and older trendlines
LTC reversal targests stop loss is neckline of IHS easy 30% on offer if s/r flip holds
Lightcoin reversal pattern printed on btc chart at the bottom of a steep drop potential for post halvening pump?
Ethereum 2.0 coming out at the end of the year Altscap primed for bounce off supplyzone and bitcoin dominance looking toppy Looks like it may outperform BTC for the coming weeks/ months have a solid position stoploss is IHS formation area apprx .0175btc
update on supply zone trade idea for Enjin Coin rejoined an old trendline looks like its heading back to retest historical supplyzone id expect it to regain old trendline (bullish) in potential altcap bounce (latesept?) still in original position
TRXBTC longterm falling wedge moved back into supply zone stop loss 110sats targes 450 sats (3x) buyzone 150sats or lower maybe some catalysts coming up, or just alt relief for confluence
DASH broke out of 2yr long falling wedge folling its coinbase listing announcement Sitting at old supply zone with adam eve double bottom and V bottom printed on the lower timeframes during breakout period Coinbase listing plus alt relief coming.. 100% btc gains 1st 2 major tiers looks promising
Pretty firm rejection of supply zone (bullish) no real signs of reversal yet
Box token recently retraced most of its pump earlier this year, lost old trend line before bouncing solidly off supply region Now ranging between old trendline and supply zone, if can reclaim old trendline expect fireworks coming into mid september bullish divergence forming from the end of the retrace until this capitulation zone
Looks like an Ascending triangle to reclaim old trendline heaps of potential upside on BTC chart Looks to have bottomed out at old support ~700sats (oct `18) Still associated with samsung if that means anything Expecting fireworks by mid october at the latest. sorry for the rough trend analysis, mostly to remember position