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BTC.D | Altcoin Season Anyday NowJust like 2017, the altcoin season won't come slowly, it'll be a sudden rush and inflow of money. We all know that we've topped out at 73% in the fall last year, and now we're just coasting below the big resistance level at 70% dominance. There is no more support until we get an alt season, please take a look at how crazy those candles look in the past week, it's almost as if they're trying to hold this coasting for as long as possible. Every single altcoin has bottomed out or has started going up in price of Bitcoin, as we've seen multiple multiple coins doing 30%+ in the span of 24 hours. Please let me know your thoughts and if you'd like to chat with me, check out the telegram links below. As always please do your own research, I am not a financial advisor.
CRYPTOCAP:BTC.D
by kyer
5
The Market Cap BTC Dominance has hit the strong resistanceThe Market Cap BTC Dominance has hit the resistance at 72.83 which is not broken since July 2017 and likely to fail in breaking out. Volume profile since july 2017 upto now is showing less interest of traders at resistance level. The RSI is overbought. Stochastic has given bear cross from overbought zone. MACD turned strong bearish. Lagging span of ichimoku cloud is also moving down and we have a cloud support almost at 61.35. And we have a strong price level support at 53.17 which is not broken since Sep 2018. Volume profile since july 2017 upto now is showing less interest of traders below this support level. If the price action may fails to breakdown the cloud support then we might have a sideways trend and during this we may enjoy the altcoins season but the real altcoin season depends on breaking down this ichimoku bullish could support and then 53.17 level support. So Now the fear factor in trading altcoins should be decreased if you are trading altcoins with right strategy then Bitcoin cannot ruin your party it does't matter BTC price moves up or down unless the BTC.D does not take bounce form the support or the indicators again turn bullish. This is the right time to trade the alts without fear. Regards, Atif Akbar (moon333)
CRYPTOCAP:BTC.DShort
by moon333
6
BTC Dominance (June 19) #BTC $BTCBTC Dominance is on a downtrend to 57.34%, down nearly 4%, expected to hit the bottom on 27 JUne, which is almost 10 days from now With this reduction, this is a great opportunity for Altcoin to increase strongly to 30-50%. Quickly buy Altcoins according to my signals so as not to miss this opportunity However, everything is possible, if BTC Dom returns to its recent peak at 60.19%, this will again be a new Dom increase for BTC. And of course, this will be a nightmare for Altcoins
CRYPTOCAP:BTC.DShort
by CryptoStation