Crypto markets: capitalization Altcoin and dominants BTCIf we analyze the capitalization of critical projects as a whole.
The idea that the possible collapse of many ICO projects will give an impetus to break through the level of $36680000000.
This is possible especially in anticipation of a recession and a prolonged recovery from the crisis.
altcoin total market cap:
Crypto market capitalization repeats the full movement of Bitcoin and depends directly on the Bitcoin mood.
Bitcoin graph:
Bitcoin dominance seems to have stopped at 68% and is starting to push back from the level of
If you have any additions, I'll listen to them carefully.
thank you for reading
Friends, thanks for your likes and comments!
Good luck with trading!
Altcoinsvsbtc
I think You should swap alts now to new currency like UVU . There is No better decision at that moment than swap Your alts to some new coin like UVU which is close to the premiere of new features like: own exchange cckadeh and new crypto atm device !!!! Read more below!
Please read about my recommendation in new crypto market #UVU
BUY: www.hotbit.io
CHECK:https://coinpaprika.com/coin/uvu-ccuniverse/
SITE: ccuniverse.org
I am suggesting to invest in altcoin like : UVU which is new coin but with great perspective. Why UVU ? Because their unique vision based on crypto atm and recharge stations for electric cars . This european project got first successes behind them like listing on big Hotbit Exchange - You can trade there without K-Y-C so registration is easy and fast - brilliant model for less experienced users.
Look into it:
www.hotbit.io
Moreover the price is still cheap it means BIG space to grow. Team predicted that price for 1 UVU should be a round 0.2 USD in March and now its just 0.0028 USD !
Also the cirrculation supply isnt big so it also work for future profit because many coins could be in Yours hand for less payment .
Think serious about investition like this !
Also You will help to grow whole market because their mission to assimilate devices like Crypto Atm to local society .
coinpaprika.com
Check the chart :
snapshot
Swap Your alt to UVU for example .There is No better decision at that moment than swap Your alts to some new coin like UVU which is close to the premiere of new features like: own exchange cckadeh and new crypto atm device !!!! Read more below!
Please read about my recommendation in new crypto market #UVU
BUY : www.hotbit.io
CHECK :https://coinpaprika.com/coin/uvu-ccuniverse/
SITE : ccuniverse.org
I am suggesting to invest in altcoin like : UVU which is new coin but with great perspective. Why UVU ? Because their unique vision based on crypto atm and recharge stations for electric cars . This european project got first successes behind them like listing on big Hotbit Exchange - You can trade there without K-Y-C so registration is easy and fast - brilliant model for less experienced users.
Look into it:
www.hotbit.io
Moreover the price is still cheap it means BIG space to grow . Team predicted that price for 1 UVU should be a round 0.2 USD in March and now its just 0.0028 USD !
Also the cirrculation supply isnt big so it also work for future profit because many coins could be in Yours hand for less payment .
Think serious about investition like this !
Also You will help to grow whole market because their mission to assimilate devices like Crypto Atm to local society .
coinpaprika.com
Check the chart :
Altcoin Market heating up again !!!The Total 2 chart took a breather in the last few days. Right now it´s breaking out of it´s triangle. After the last dump , it increased 50% in 20 days. I can see that it will repeat beacause the altcoin marked is just warming up and will see a huge run in the next weeks. That would bring the TOTAL2 chart to 150B !
+No financial advise
Feb 21 Crypto Market Update: BTC Auction Confirms Price Failure(FEB 21) Crypto Market Commentary - Bitcoin, Dash, Litecoin, Cardano, Eos, Ethereum, Icon, Lisk, Doge, & More.
Reviewed quite a few topics today! Also covered several portfolio updates and trade management activities.
* We've been talking consistently for the last week about the Feb. 18 Gov't BITSTAMP:BTCUSD auction being an important potential pivot. This is reviewed in detail and as well as the price action preceding the breakdown.
* Reviewed the way I exited either 1/2 or 60% of several of my long Kraken coins against recent highs to establish "risk free positions" - using this chart:
* Generally feeling like the market is going to take a few weeks to retrace and consolidate before signaling bullish continuation.
* I'm looking to reload on names like COINBASE:ETHUSD COINBASE:LTCUSD COINBASE:EOSUSD BINANCE:OMGUSD and anything else I've already sold half of with retraces between 61.8% - 78.6% of their ranges.
* Spend some time reflecting back on the CRYPTOCAP:BTC.D and how I like to use it as a proxy for crypto sentiment.
* For probably a good 5 minutes I talked about BITTREX:DOGEBTC and used it as an example of the "Little Old Lady" strategy I run on the binance (100X challenge account). Buying against lows, selling on doubles, yada yada.
TLDR; Hunt longs @ bottom ends of ranges!
COMMUNITY:
Feel free to DM me on here if you're interested in joining a discord trading group with fun discussions and great trade ideas being shared throughout the day!
--
THANKS!
Altcoin multi-year pattern breakout to 225 billion?Early January I published 2 bullish fractals for the altcoin market. Since I shared this, the altcoin market almost did a 2x.
One monthly chart fractal , containing a bullish engulfing candle after a double bottom, back at 64 billion.
The daily chart fractal displayed a breakout of a descending channel.
Even though we're only halfway through February, current charts show a breakout of a 2,5 year symmetrical triangle that has the potential to propel us back to ATH. At the time of publishing, we are right at strong monthly resistance of 113 billion. If this is decisively broken, get ready for 225 billion. After that, were off to all time highs.
RSI has already broken out of a multi year downtrend too, with a lot of room to grow.
TRX breaks out - up 13% in past 30 minutesTron has just broken out of a giant pennant it has been moving within for the past six months, including a move above the weekly 21 EMA and any other key moving average you care to name. This will be a crucial time now to see if TRX will continue up to join the alt party which has been gathering momentum over the past few days.
Save crucial space on your Trading View chart by utilising the free RSI and StochRSI indicator which overlays both in a clear and helpful fashion. Add the essential EMA/SMA indicator to your chart too.
Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
(BTC.D) Altcoin Dominance Eyeing Up A Breakout to 40%With altcoin dominance closing back above the rising 200 Week MA last week, confirming Bitcoin's long-term weakness in market dominance, "ALT.D" (1-BTC.D+99) has again held the 30% support a second time and is looking for a breakout above 33.75% with a target to 40%.
This would additionally be a TD Sequential trade on the Weekly chart with a Green 2 going above a Green 1, with oscillators (RSI, CMF and MACD) pointing to further upside. There will likely be some resistance and profit taking around the 50 Week MA around 35%, half way to the target, but I don't expect it to hold for long if volume continues to rise. The momentum would likely be too strong preceeding the confirmed trend change.
Reward/risk: 2.1
Entry: 33.76% - TD buy signal and and new swing high since July 2019
Target: 40.7% - Previous support level as resistance and 100 Week MA confluence
Stop Loss: 30.50% - Breakdown below the open of the 1 candle, 21 Week MA and into support range = bearish
To me, this is a perfect trade.
Previous altcoin dominance TA:
Altcoin Speculation Coming Soon... (October 2019)
Altcoin Dominance Bouncing From 0.382 Fib Retracement (September 2019)
DLTBTC : Uptrend Line break Buy at Double BottomDLTBTC : Uptrend Line break Confirm, Buy at Double Bottom
Altcoinmarket has bottomed out, bullish fractal will play out?The altcoin market seems to have bottomed out.
Looking at basic support and resistance on the monthly, we see that we bounced off the strongest support in the altcoin market of 54 billion USD, which had touches of 8 monthly candles (opens, closes and wicks). In addition to this, January is showing us a monthly bullish engulfing candle so far. The last time the monthly bullishly engulfed at the bottom, the altcoin market grew 233%.
This monthly fractal strengthens the bullish altcoins fractal on the Daily chart I shared on January 12.
Bullish altcoin fractal - Total altcoin marketcap to grow 173%?Bitcoin has seen an exponential rise, and if you ask around in the crypto space, this would mean that altcoins bleed. However, I'm seeing a bullish fractal on the cards.
Bitcoin, depending on how you draw the descending channel lines, may or may not have broken out of the descending channel.
With the altcoins, it's very clear that it's broken out of the descending channel.
Also, near the start of the last altcoin boom, the 9 and 21 daily EMA crossed above the 55 EMA. Right now, the 9 EMA has already crossed and it looks like the 21 will soon follow.
The last altcoin boom lasted about 5 months, so, although past performance is not indicative of future results, could we see an altcoin season until the halving?
BTCUSD Bybit Chart Analysis December 30
Hello,
it’s BitCoinGuide.
Hope you are doing well.
Don’t forget to “Follow” me and press “Likes”.
I will begin BTCUSD Bybit Chart Analysis for December 30th
This is 30m candle chart for last Friday.
It was following route B.
However, quite different from the entry timing, it bounced off from the point where the downtrend came out once more with a delayed time sequence.
To be precise, the rebound came after touching the supporting line of Bollinger band for 1H and 4H candle chart.
I’ve mentioned that you should be focused on the red trend line in our private room.
It was long position trading strategy. After it broke out the final orange trend line, it slowly went up.
Congratulations.
This is 4H candle chart.
The “red cloud” is thinly supporting, and MACD Dead Cross is about to come out.
I hoped it would touch the resistance line of Bollinger band in daily candle chart. But it lacked power.
So I brought a strategy based on this.
This is 30m candle chart.
To be brief,
1. Check out route A & B with A’s long position entry timing / B’s short position entry timing with each price point
2. Route A: Please check the price does not go down below the entry point / If it does, please check route B
If the price touches the final smile face line, we are at the safe zone (We are able to operate altcoins after some correction)
3. Route B: Please check if it goes above short position entry point / If it does please follow route A
Please switch you position to long position at the bottom part of Weekend Gap Difference
This is it.
Please also check out bonus points indicated with finger pointers.
I’ve mentioned the weekend gap difference with sky blue box.
Last time, we saw price retracement until the gap difference. So you should be aware of it based on this situation.
If, the price touches smile face line along with route A, it could just rise up without touching the gap difference. Please be aware of it.
Hope you have a good day.
I will come back to you in the afternoon.
Thank you.
(Translation
Jae Ho Shin)
Hydro Formed Bullish Gartley Pattern And Ready For Bullish MoveWorld's 321th ranked crypto token Hydro with Bitcoin pair has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look at the dimensions of Hydro price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bullish move.
So as per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy at: 0.00000009 sats
Sell at: 0.00000010 sats
As per above targets this trade has potential to produce upto 11% gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic Gartley pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.