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Bitcoin To Continue Higher as Tether Dominance Goes LowerWe continue seeing bearish signals on the Tether Dominance Index (USDT.D) chart. Yesterday we looked at the long-term chart and the RSI (weekly), the signals were clear there. Looking at it closer today, our view remains the same. - We can see prices moving below EMA10 on a full bearish candle. - The RSI is trending down strong. These signals are pointing lower. The blue space on the chart is the main target/support. Namaste.
CRYPTOCAP:USDT.DShort
by AlanSantana
2
BTC DOMINANCE | BITCOIN | ALTCOINS: THE RELATION.Hello guys, this is the BTC dominance update in 2 days timeframe. Things are taking quite an interesting turn in the market. I am not completely sure yet but comparing the BTC dominance with Bitcoin and other altcoins, looks like some big move is about to come. Let's compare the dominance and BTC chart side-by-side. Bitcoin: In my recent BTC update, BTC is holding the $28k support level and it is trying to bounce back. The RSI is at the oversold area and most likely it's gonna rally higher. BTC Dominance: We saw BTC.D making greens for the last couple of weeks breaking out of the upper trendline and also close to hitting the resistance level. The RSI on the other hand has crossed the 70 level which shows a clear sign of rejection. What I am understanding from the current scenario is BTC is trying to make a bullish rally and the BTC dominance is possibly getting rejected. According to the experts, whenever the BTC.D gets down and BTC goes up, the altcoins go up quicker. Is that possible in the current phase? Are we going to see a bullish rally or is it just a trap? Well, I am not sure enough to confirm it. Like I said many traders including me are assuming this to be a bear market but nobody knows exactly and no one can be deadly accurate at this. It is all a probability. As of now, for this chart, my invalidation point will be 47% resistance level. If the BTC.D breaks above this then all these assumptions will go to nothing. What do you think about this? Do share your ideas and correct me if I am wrong. I'll see you in my next update. Thank you.
CRYPTOCAP:BTC.DShort
by Dexter_The_Trader
9
#BTC.DOMINANCE 1DAY UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends. I have tried my best to get the best possible results in this chart. Hello, dear traders welcome to this BTC.DOMINANCE 1DAY chart analysis. Dominance is getting rejection by the resistance. The reason we see some green in many Alts across the market. ALT/ BTC Pairs are likely to continue the rally unless broken upside. The trend for alts looks strong for now but keep in mind this will only stay this way as long as BTC holds the $28k level. That is the key level we need to keep an eye on. Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits. Sorry for my English it is not my native language. Thanks.
CRYPTOCAP:BTC.D
by CryptoSanders9563
#BTC.DOMINANCE UPDATE BY CRYPTOSANDERS !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Hello, dear traders welcome you to this BTC.DOMINANCE 1hr chart analysis. Dominance is getting rejection by the resistance. The reason we see some green in many Alts across the market. ALT/ BTC Pairs are likely to continue the rally unless broken upside. The trend for alts looks strong for now but keep in mind this will only stay this way as long as BTC holds the $28k level. That is the key level we need to keep an eye on. THANK YOU.Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:BTC.D
by CryptoSanders9563
#BTC Dominance Rejection in progress.. ALTSEASON??#BTC Dominance getting rejection from the resistance. Reason we are seeing some green in many Alts across the market. ALT/BTC Pairs are likely to continue the rally unless broken upside. The trend for alts look strong for now but keep in mind this will only stay this way as long as BTC holds the $28k level. That is the key level we need to keep an eye on. Make sure you keep enough cash to buy the Dips and always DCA your entires and use SLs. Cheers Smash that like button if you like it and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:BTC.DShort
by Cryptorphic
1
#BTC.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERS !! Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Hello, dear traders welcome you to this BTC.DOMINANCE 1hr chart analysis. CHART ANALYSIS:-As we can see in the chart above BTC.D was trading inside the parallel channel pattern and broke above the 45% level. Now, BTC.D is retesting the upper trend line, and here BTC.D can put towards the 49% level which is 8.5% from the retesting level. It indicates that BTC can also pump at any time and we can witness short-term bull rallies in upcoming hours. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:BTC.D
by CryptoSanders9563
#BTC.DOMINANCE 2HOUR UPDATE BY CRYPTOSANDRS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Hello, dear traders welcome you to this BTC .DOMINANCE 2hr chart analysis. CHART ANALYSIS:-BTC.DOMINANCE is flag brake out and the retest uper trand line and BTC pair altcoin is bearish. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:BTC.D
by CryptoSanders9563
#BTC.DOMINANCE BART PATTERN CREATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Hello, dear traders welcome you to this BTC.DOMINANCE 2hr chart analysis. CHART ANALYSIS:-This Bart pattern is forming so we can expect BTC dominance from here to be a power buying opportunity for 41.60% BTC pair, we will give you a slack BTC pair coin update soon. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:BTC.D
by CryptoSanders9563
1
BTC Dominance - Market Update - 17.05.22Hello Traders! If Bitcoin price goes below the current support in the $29500 - $31000 range, we should expect a continued decline in altcoins, which will lead to an increase in Bitcoin dominance. On the chart, we see that the price value has found support near the 39.25% level and is currently approaching a breakout of the nearest resistance level of 44.50% and the local downtrend. With significant selling pressure, we can expect an upward movement on the chart to the resistance level of 50.00% near which the MA100 on the weekly timeframe is located at the moment. Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
CRYPTOCAP:BTC.DShort
by UnknownUnicorn10064030
BITCOIN.DOMINANCE DAILY UPDATE BY CRYPTOSANDERS Hello, community members welcome you all to this market cap BTC.D 1D chart analysis. As we can see from the above-mentioned chart that BTC.D war trading inside the parallel Chanel pattern. Currently, BTC.D faces the upper trend line which is also a resistance level that BTC.D following for the last 355days. Now here I am expecting a rejection from the resistance level and it will dump towards the middle trend line. Which will be the green signal for BTC in the upcoming days This is not a piece of financial advice. Sorry for my English it is not my native language. If you like it, hit the like button and share your charts in the comments section. thank you..
CRYPTOCAP:BTC.D
by CryptoSanders9563
2
$BTC.D Triangle still valid and playing out. So here we have 2 paths I think this might follow... Green path illustrates the main count with E already finished and assuming we will go up soon to make wave (2) and retrace quite a bit to create a bit of havoc on the market. This has the potential to play out within the next few weeks at the most, followed by an ALT season. The red path on the other hand assumes that E is actually A (leading diagonal) of E, and that the current retrace is B of E and that we will go higher and above the triangle diagonal. This would cause the market to to go below expectations and would cause some real FOMO selling. I'm about 60/40 in favor of E being finished. Safe Trades, avoid shitcoins, and remember, wave 4 never retraces into wave 1. *wink wink.
CRYPTOCAP:BTC.D
by FlokiCrypto
1
#BTC DOMINANCE WEEKLY UPDATE BY CRYPTOSANDERS!!Hello, welcome to this BTC.D chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : BTC .D still respecting the bear flag. If confirmed over the next few weeks we could see bitcoin dominance reach the very low 30 maybe even into the high 20%. Altcoins will explode if BTC .D loses 39%. Do hit the like button if you like it and share your charts in the comments section. THANK YOU...
CRYPTOCAP:BTC.D
by CryptoSanders9563
Bitcoin Dominance To Go Lower Based On TA!BTC.D likely to continue lower... We have a break below EMA50 today (yet to be confirmed). The MACD has gone below zero (bearish). The MACD has gone below 50 (bearish). When Bitcoin Dominance drops, the Altcoins grow. This is also a confirmation that this Bitcoin bullish wave is only a bounce before the resumption of the bearish trend that started in November 2021. March 16 2022 Before $300,000 - $500,000 Bitcoin Hits $20,000 to $11,300... March 26 2022 Bitcoin Monthly | RSI and MACD (Enjoy The Altcoins While We Can) Thanks for the info, we will make a good use of it. Namaste.
CRYPTOCAP:BTC.D
by AlanSantana
6
#BTC.DOMINANCE 8HOUR UPDATE BY SANDERS!Hello, welcome to this BTC.D 8hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS:- In the above-mentioned chart, it is evident that BTC.D was moving inside the channel pattern on a support line and broke the channel and bounced. In the current scenario, BTC.D got a rejection from the upper trend line resistance. Now it can move down up to 41.40% which is the lower support zone This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
CRYPTOCAP:BTC.D
by CryptoSanders9563
$BTCDOM/USDT 2D (#BinanceFutures) Ascending trendline retestBitcoin Dominance Index has been rejected with a Hanging man pattern and could resume the downtrend. Current Price= 1275.5 Sell Entry= 1275.0 - 1305.0 Take Profit= 1196.9 | 1129.7 | 1063.1 Stop Loss= 1364.5 Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05 Expected Profit= +21.66% | +37.29% | +52.77% Possible Loss= -17.34% Fib. Retracement= 0.382 | 0.559 | 0.786 Margin Leverage= 3x Estimated Gain-time= 3-4 months Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance www.binance.com
Short
by TradingOn