ALT
BTC Dominance (Y20.P1.E4).Still room for the upsideHi All,
I hope all of you have done well, even the XRP stubborn HODLers.LOL
Looking on the daily BTC dominance chart, we are in an uptrend on the macro level.
We also have a large ascending triangle formation, meaning we are having a continuation pattern to the upside.
Question is when will it break out of this pattern, to the upside?
Soon I would expect a pullback, potentially to the 8k level and maybe even to the inv. H\S neckline.
Now do we hit 8500 resistance or 8700 resistance or do we go down from here, 8450?
Not an easy question to answer if your shorting like me, selling at major resistances and hopefully buying back at major supports.
So be wise and use the BTC dominance charts so one can know when to "NOT go for the ALTs".
With the BTC dom.chart, I'm looking for some wicks on the daily to tell me when its the ALTs turn and hence sticking to my strategy, accumulate more BTC especially now with a strong breakout.
I believe the bottom has been set for BTC and the 6K region won't be EVER revisited, WOW.
But never say never, don't care if it does or not, just trade.
All the best with your trading, for are hopefully going to see some reward with our patience.
Please give a thumbs up or a like if you agree or just appreciate the effort.
Regards,
SSari / CryptoProspa
Close up, 4 HRLY chart
PREVIOUS BTC DOM. POST
CURRENT BTC TA
ALTS (Y20.E1.P3).My.Watch&Target.ListThe following are my short list to keep an eye out for, including LINKBTC
Mostly to go short and some potentially to go long.
ADA\Cardano (USDT) > 4 HRLY Chart
BAT (USDT) > > 4 HRLY Chart
BNB (USDT) > 4 HRLY Chart
Chilliz (USDT) > 4 HRLY Chart
ENIGMA (USDT) > 4 HRLY Chart
LINK (BTC) > 4 HRLY Chart
GoChain (BTC) > 4 HRLY Chart
EOS (USDT) > Daily Chart (going long)
KOMODO (BTC) > 4 HRLY Chart
XMR (USDT) > 4 HRLY Chart
DASH (USDT) > 4 HRLY Chart
ETH already posted
DASH/BTC
The others to watch
ONTBTC - keep an eye on
OMISEGO
XTZBTC
STRATBTC
ALGOBTC day trade opportunity - targeting 3164. #altcoinflipperALGOBTC spoiling us with setups this week.
Will update progress when target or stop is reached.
VET/BTC What nextIf the bullishness here at support continues VET can ride as high as 100-120 areas and if it breaches support it can fall as low as 84-86. Breach of support would be a drop below the current candles low point at 92 Sats. I would use caution stop loss if this were to happen
BTC.D Needs A Retracement, ALTs Will GrowBTC.D is trading at the top of the rising wedge channel and consequently, a retracement is expected. So we expect a small ALT party.
BTC.D Needs Retracement, ALTs PartyBTC.D is trading at the top of the rising wedge channel and consequently, a retracement is expected. So we expect a small ALT party.
BTC heading to break out channelALTs sell off will come soon. BTC is ready to break out channel throught support line. It is great thing cause it will lead to huge panic! Have fun bitcoin maximalists^)^
USDT Dominance Can Show The Bottom of BTC's DowntrendAs I wrote about the USDT dominance before, USDT.D breakout the ascending triangle and absorbed money flow and dumped the whole market. As shown in the figure, it's the third time that USDT.D is poking at all-time high resistance. If breakout, the whole market will continue its downtrend. but the scenario that I expect is USDT.D and Bitcoin sideway for a couple of days. If BTC continues sideways, we would have Altcoins/BTC pairs in an uptrend.
UPDATE:16/11/2019 #AltcoinDominance regular flat wave correctionUPDATE: 16/11/2019: #AltcoinDominance running regular flat corrective wave correction.
BTS - indicator of altseason?Almost 900 days of correction passed. Will the altcoins market start to grow this week?
Today`s ALT!!! POEBTCBINANCE:POEBTC
Exchange : Binance
Coin: POEBTC
Buy Zone: 0.00000026~0.0000024
Target Point: 0.00000028/ 0.00000031/ 0.00000033/ 0.00000035/ 0.00000038
S/L: 0.00000022
Risk: HIGH
Term: Middle - Long
You should be careful in buying POEBTC because of Bitcoin
It kept Up Trending Channel in spite of Bitcoin`s movement then it`s making Symmetrical Triangle
The Down Trending Line of The Chart and RSI are very similiar
The Volume is slowly down, it needs more time to pumping !!
Buy zone and S/L line is very far, so you must be careful to buy POEBTC
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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Altcoins In An UptrendTotal crypto market cap exclude BTC bounced from 0.786 Fibonacci level(59.73B) and passed 72B resistance and Ichimoku cloud and has been poking at 0.618 Fibonacci level resistance(77.13B) for more than 2 weeks. Consider that the double bottom at 0.786 Fib level confirms the beginning of an uptrend. So we expect altcoins to grow.
ALT PartyAs you can see BTC dominance break down the support zone and as a result I expect altcoins to grow.
BTC gonna blast off. Death to Alt coins!200 EMA Support
0.618 Fib Retracement Support
Support/Resistance Flip
With this I believe we have reached the bottom
Bullish Falling wedge
Bullish divergence on the 4 hour time frame
Prepare your anus hole, Bitcoin is cumming
Follow me on twitter
@CryptoCarlos_xD
NKN inside a long term triangleNKN looks to be inside a long term sustained downtrend but has bottomed out potentially. I'd be watching for a break of this structure either way. My opinion is a bullish break is more probable. We see an up trend starting but it's a matter of if the bulls can keep it up.
UPDATE: 04/11/2019: #AltcoinDominance (Other) traject 2019/2020?UPDATE: 04/11/2019: #Altcoin Dominance (Other) traject 2019/2020?
Today`s ALT!!! NXSBTCBINANCE:NXSBTC
Exchange : Binance
Coin: NXSBTC
Buy Zone: 0.0000315 ~ 0.00003
Target Point: 0.000034 / 0.0000372/ 0.0000404/ 0.000043/ 0.00000475
S/L: 0.000029
Risk: HIGH
Term: Middle - Short
If you are Risktaker, you`ll like it
You should be careful in buying NXSBTC because of Bitcoin
It`s going on Bullish Pennant
There isn`t Hard Resistance Line between 0.00003465 and 0.0000431
The Volume is almost down
If it support Blue Line, it`ll be Big Pumping again !!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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