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Bitcoindominanceindex

Bitcoin Dominance targetsCRYPTOCAP:BTC.D Possible Targets and explanation idea ➡️Marked 2 main targets for Bitcoin Dominance ➡️Based on Take Profit indicator on weekly we can see test of "Take profit" line ➡️Marked green box zone where you can step by step sell and fix profit in altcoins Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
CRYPTOCAP:BTC.D
by Crypto4light
1
BTC.Dominance Elliott Waves Analysis (Local Expectations)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Nothing has changed from my last (LONGTERM) idea. I am waiting for a slight correction, after which we will get a movement to the ~44% area in wave (ii), then I am waiting for a global decrease to the 30-35% area. Target zone: 35-30% cancellation of fall - consolidation fix price above 48%. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
CRYPTOCAP:BTC.DShort
by trytofeelpositive
7
Will the Bitcoin continue to gain market share❓💎"The BTCDOM Index provides insights into the market and can be used as a tool to speculate on Bitcoin’s relative strength against altcoins. Essentially, the index measures the demand for Bitcoin relative to altcoins. When altcoins gain market share relative to Bitcoin, the BTCDOM index loses value. Conversely, when Bitcoin gains market share relative to altcoins, the BTCDOM index will gain value." 💎The BTCDOM Index broke above the resistance trendline, followed by the break ..........
by CryptoPAMM
#BTC Dominance. ALTSEASON will trigger at this level... Welcome to this extensive analysis of Bitcoin Dominance. If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. BTC Dominance is currently holding the 42.4 level. As long as it holds this level it's highly likely we will see some rally in BTC while it reaches the 45.22% level. This will trigger the rally in BTC too, possibly till $46k only if it maintains $38k support. CONCLUSION:- BTC.D is likely to rise to 45.22% and get a rejection at that point which will eventually trigger the rallies in altcoins against BTC pair. Invalidation:- Daily close below 40.27 What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.D
by Cryptorphic
3
Bitcoin Dominance: 1W Chart ReviewHello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Bitcoin Dominance. The chart is self-explanatory. The Bitcoin Dominance recently broke out of the S/R 1 line and headed for a re-test. If the re-test is successful and the price moves upwards, the Bitcoin Dominance will start moving up. I noted multiple Support and Resistance Lines to keep an eye on. The RSI also broke out of a resistance line headed up. Lastly, a Triple Bottom was recently formed which is bullish. This is a weekly chart so please be patient. Included in the chart: Trend line, Support and Resistance Lines, RSI, Triple Bottom Formation. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTOCAP:BTC.D
by MillionaireEconomics
12
BTC Bitcoin Dominance: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Bitcoin Dominance (BTC.D). The chart is self-explanatory. The Bitcoin Dominance is currently at a key area between a multi-year support line and a multi-month resistance line. The Bitcoin Dominance has formed a multi-month triple bottom pattern (bullish; in magenta color) and a multi-month double bottom pattern (bullish ; in blue color). The RSI (relative strength index) bounced off of a multi-month support line and potentially headed back upwards. There is still room for growth. If Bitcoin Dominance breaks up, it could be a great sign for the Bitcoin price. If it breaks the support line, a potential altcoin season may be coming very soon! Shown: Support and Resistance Line, Trendline, Double Bottom Pattern, Triple Bottom Pattern, RSI (relative strength index), Triangle Pattern If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTOCAP:BTC.D
by MillionaireEconomics
11
BTC Dominance: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Bitcoin Dominance (BTC.D). The chart is self-explanatory. The Bitcoin Dominance is currently at a key area between a multi-year support line and a multi-month resistance line. The Bitcoin Dominance has formed a multi-month triple bottom pattern (bullish; in magenta color) and a multi-month double bottom pattern (bullish; in yellow color). The RSI (relative strength index) is also moving up a multi-month support line. There is still room for growth. If Bitcoin Dominance breaks up, it could be a great sign for the Bitcoin price. If it breaks the support line, a potential altcoin season may be coming soon. Shown: Support and Resistance Line, Trendline, Double Bottom Pattern, Triple Bottom Pattern, RSI (relative strength index), Triangle Pattern If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTOCAP:BTC.D
by MillionaireEconomics
7