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Altcoinsvsbtc

BTC DOMINANCE is bouncing, Bad news for Altcoins!Hi there, Bitcoin Dominance is bouncing and this is not good for Altcoins at all. BTC.D was moving in a downtrend channel for about 50 days and I expect to see a breakout of that. What will happen? In the best case when BTC.D is going up if Bitcoin goes up too, Altcoins will fall with a low slope. In the worst case when BTC.D is going up if Bitcoin goes down, Altcoins will fall rapidly. So In my idea this is a bad time to be with Altcoins, Also Altcoins growth a lot in the past 50 days and these prices are not proper to buy for next leg up. Be carful with your trading and investing. Your Likes and comments are the best Thank you.
CRYPTOCAP:BTC.DLong
by TahaZargar
5
Bitcoin Dominance (Potential Altcoin Season?)💎Technical Analysis Summary💎 Bitcoin Dominance -We can see the BTC Dominance level is respecting the EMA19 -The Dominance level 45 is previously supported now acting as resistance -This consolidation below support is potentially a bearish pattern -If the last support at level 43.50 breaks and closed lower -The bear flag pattern will be confirmed -I'll be expecting another run for the altcoins space -The month of September would be interesting -The next potential support level is somewhere 42-41 -Be ready and when the oppurtunity presents itself -Make sure you have a trading plan to trigger the buy button -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
CRYPTOCAP:BTC.D
by PolarHusk
9
Potential breakout soonThere are 3-4 indicators currently pointing towards a potential breakout very soon. - RSI touched the oversold area. - RSI decline has been broken out of - Sell pressure is declining - A falling wedge breakout that appears imminent I'm not trading NANO however my suggestion for a stop loss would be best below the wedge at around 0.0000940. The falling wedge breakout target would be at 0.0001665 (52%) the next resistance above that are 0.0002370 and 0.0003600. This is not financial advice.
NLong
by apolloriver
BTCDThe smaller H&S pattern did originally start to break down as I expected but the bulls were hiding on the 4h and now we are still inside of this larger H&S pattern that I have outlined with a target of about 41% . The LTF on most crypto currencies look weak here especially with the 4h chart still showing another push to BTCD. We have SL in place on all trade ideas I shared here and with my group. Let's see if the initial push off the 4h BTCD chart caused most of the damage as I suspect. 1 thing to note is the daily charts have bottomed so I feel that it is very likely bottoms are in on most of the coins.
CRYPTOCAP:BTC.D
by Big_Mike716
TVK continuation trade is in play! TVK is an NFT play that has shown incredible volume off the recent lows and is now consolidating after a strong first leg. The "Bot" long setup fired on TVK overnight. Harmonic AB=CD continuation trade. The entry on this setup is technically 614 Sats. Any dips below that are above the 499 invalidation level are fair game. Will look to lower trendline pennant to add. The rules for this setup, looking at the fib on the right - If price reaches .5 (blue) = Move SL to break even - If price reaches .66 (aqua) move SL to trailing - Final TP objective 1 (Green) = Close entire position (~945 sats) There is another objective above that is beyond the scope of this setup, but may provide traders with an extended target if they wish to only close 50% at 945 sats and use trailing TP up to the 1241 sat Chaos PRZ/.5 HTF retrace The decision will rest on what the broader market/volume indicate if and when the 945 sat target is reached If price trades below 500 sats at any time.. This setup is invalidated!
TLong
by HxroLabs
#ALTCOIN SEASON only if it happens!!!Welcome to this quick update, everyone. I got many requests for analyzing the Altcoin Marketcap BTC has been acting strangely these days and I am more of a TA guy rather than the fundamentals. TBH Fundamentals play a very major role in Crypto. But charts always give us a hint ahead of the news, doesn't matter Bearish or Bullish . Let's get straight to the chart:- The TOTAL2 represents the Total Altcoin market cap. According to this chart, the Alt mcap must rally towards $800 billion in the next few weeks keeping in mind the $733 Billion mark holds. Currently, we are at an important level of support. Observe the channel support as well as the Yellow trendline. Trying to breakout positively. Breakout and a bullish retest confirm the uptrend in altcoins which will eventually give us a green altcoin week. What's your thought on this? Do you think Alts will rally? Share your views if you have any in the comment section and do not forget to hit the like button if you like my updates. Thank you #PEACE
CRYPTOCAP:TOTAL2
by Cryptorphic
9
I sold my Cardano coins to Bitcoin right now!!! Why?We see that the ratio Cardano/Bitcoin or ADA/BTC it's bearish as Bitcoin take strenghten in the trend. That it's a clear signal that we would need to sell our Cardano coins to get Bitcoin and conserve our Bitcoin power. I sold today 10,566 Cardano coins and get 0.45 BTC (Bitcoin). This it's a bearsih signal if you look ADA/BTC. If you have any doubts, that it's a comparison to know what asset have more power if you look how Bitcoin and Cardano up, this chart ADA/BTC it's used to know what cryptocurrency it's more powerful. That you can to look with ETH/BTC (Ethereum/Bitcoin), LINK/BTC (Chainlink/Bitcoin) and much more to know this secret strategy that nobody talk about how the alcoins work. s3.tradingview.com And this it's the weekly timeframe, this it's sound bearsih for ADA/BTC. Now, if I have 0.45 BTC, if Cardano down to 0.000032 BTC, then, I use the following. a calculator and I divided the 0.45 BTC with the price what Cardano could to reach, in that case it's 0.000032 BTC. That mean that if this happen, I can to get 14,000 Cardano coins or little more when I hold 0.45 BTC and hope that ADA/BTC down to 0.000032 BTC. That you can to apply with ADA/ETH, that it's a different ratio, but if you using ETH/BTC you can to understand more. Good luck!!!
Short
by harisonhbn9718
6