Long

Preparation for Crypto Winter

Updated

All time highs across the board. Shattered dreams inbound. This is a weekly chart of BTC.D It appears dominance may be finding a potential bottom near the .786 region. I will be monitoring this over the coming months on the weekly and daily time frames.

Note

Monthly

Note

Sizeable drops in the markets. Reaction for BTC. Will update upon any further retraces or drops. Careful with Alt positions.

Note

I hope everyone is staying safe in their positions. These things take time to play out. Some are calling for only a temporary bottom here for BTC dominance and further drop; while others are calling for a much longer term shift in dominance. In either case, this will most likely play out over the next few months so better to react to price and not play Nostradamus.

Note

Targeting 50th percentile for BTC

Note

Quick BTC.D update. ETH looks strong relative to BTC. Not sure where we go as many Alts held well relative to BTC during the dump. Last area I'd expect a reversal dump is 887 of the internal retracement.

Note

Further note. 707 Algo to the tick for the dump :-)

Note

Update

Note

Quick Cleaned Update. Daily TF. Starting to get a little bit chilly, no?

Note

Update on Daily Dom for the person who commented

Note

3 Day BTC.D Update

Trade closed: target reached

Note

Jun 6
Comment: Quick BTC.D update. ETH looks strong relative to BTC. Not sure where we go as many Alts held well relative to BTC during the dump. Last area I'd expect a reversal dump is 887 of the internal retracement.

Note

Will need to revisit this soon...

Note

I'll make some new posts soon. Final thoughts on dominance.

Note

Reassessing my "alternate."

AvenueWork

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.