29b$ since my idea!
(the reason i shared BTCUSD chart is that people look at these idea rather than TOTAL2 or BTC.D, sorry for that!)
in my idea :
i pointed out a time resistance that may be mark the beginning of trend reversal. these time resistances proofed to be right if you put them in a right way.
ok now alts are booming and it's sitting at 87b$ and up almost 29b$ (Wow!!) from where i pointed out a reversal.
people just dont pay attention i called the bottom on bitcoin in this analysis:
i predicted the bottom with 100$ tolerance. i said it would be in 3320$ but it bottomed at 3215$. so far so good, people should see these things. i'm helping you people with nothing in return!
ok go back to analysis:
as you can see here in this picture :
we are almost above 38.2% fib level since last top to last bottom it is a positive sign. is think it means we are headed to test 61.8% which is a psychological and even number, 100B $ it would be the first stop for altcoins(i think).
looking at BTC.D :
it seems we are breaking down at bitcoin dominance.
so what now?
in a simple word if bitcoin dominance continues to dump and if TOTAL2 continues to rise i think buying altcoin even at this point would be a good idea to look at alt market i would like to look at majors and take a look at bitcoin comparative charts.
here we have ETHBTC chart:
ETHBTC still bearish as it is below 0.02309902 so above that level it is reasonable to change bitcoin to ethereum. but i thing the bottom is in for ETH and we will see price appretiation.
in this chart :
XRP need to break 3770 satoshi level to be bullish on so wait for that to happen even if you trade USD pair. i think btc pair is important to be bullish.
Litecoin:
in my idea :
i pointed out a time resistance that may be mark the beginning of trend reversal. these time resistances proofed to be right if you put them in a right way.
ok now alts are booming and it's sitting at 87b$ and up almost 29b$ (Wow!!) from where i pointed out a reversal.
people just dont pay attention i called the bottom on bitcoin in this analysis:
i predicted the bottom with 100$ tolerance. i said it would be in 3320$ but it bottomed at 3215$. so far so good, people should see these things. i'm helping you people with nothing in return!
ok go back to analysis:
as you can see here in this picture :
we are almost above 38.2% fib level since last top to last bottom it is a positive sign. is think it means we are headed to test 61.8% which is a psychological and even number, 100B $ it would be the first stop for altcoins(i think).
looking at BTC.D :
it seems we are breaking down at bitcoin dominance.
so what now?
in a simple word if bitcoin dominance continues to dump and if TOTAL2 continues to rise i think buying altcoin even at this point would be a good idea to look at alt market i would like to look at majors and take a look at bitcoin comparative charts.
here we have ETHBTC chart:
ETHBTC still bearish as it is below 0.02309902 so above that level it is reasonable to change bitcoin to ethereum. but i thing the bottom is in for ETH and we will see price appretiation.
in this chart :
XRP need to break 3770 satoshi level to be bullish on so wait for that to happen even if you trade USD pair. i think btc pair is important to be bullish.
Litecoin:
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