Btcd
Bitcoin Dominance Move Above EMA50 Weekly (Strong Signal)The Bitcoin Dominance Index (BTC.D) has gone bullish on the weekly timeframe.
We can see it growing above EMA50, which is a very strong signal.
We can also appreciate an RSI above 60 which is also really strong as this is the weekly timeframe.
Looking at the big trading channel above, it looks like Bitcoin Dominance is preparing from a strong price JUMP!
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#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.
#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.
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#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.
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#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.
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#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.
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#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.
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BTC.D to 50%#BTCD
Bitcoin Dominance broke out weekly descending resistance and confirmed it as support.
last week candle was a bullish master candle and probably it will drip to half of that candle for pullback that make an opportunity for BTC to rise to $34k.
and after that BTC.D can increase to long term support around 50% that will cause more drop in BTC price.
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
BTC DOMINANCE UPDATEHello friends,
Welcome to our BTC.D day chart.
As we are seeing in the chart how the SIMPLE MOVING AVERAGE has a bullish cross over.
And a BULLISH CHANNEL is forming in the chart.
Which is a Bullish sign.
Price is currently at Level 2.
On estimating the chart, we find that the price may increase by 10% in the coming time.
That is, the price can go from Level 2 to Level 5.
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God Bless You All!
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..
$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.
#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.
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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%.
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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 $11,300...
March 26 2022
Bitcoin Monthly | RSI and MACD (Enjoy The Altcoins While We Can)
Thanks for the info, we will make a good use of it.
Namaste.
#BTC.DOMINANCE 8HOUR UPDATE BY SANDERS!Hello, welcome to this BTC.D 8hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that BTC.D was moving inside the channel pattern on a support line and broke the channel and bounced.
In the current scenario, BTC.D got a rejection from the upper trend line resistance.
Now it can move down up to 41.40% which is the lower support zone
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
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$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
BTC.D continue rally#BTC.D
Bitcoin Dominance broke out from weekly descending resistance in daily time frame and reached resistance line.
it is high possible that continue its rally to 45% and even more to long term resistance above 50%.
so this scenario is the end of altseason.
but if current resistance reject the dominance and weekly candle close below support of 41.45% we may see another rally in altcoins.
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ALT/BTC Pairs are likely to have some pullbacks.
Breakout and retest in LTF. But if you zoom out, the index is hitting the 200D MA.
Break above this level could result in more downside in Altcoins.
Less likely but possible.
For those who are trading with margin in BTC Pairs.
Be careful, even a -15% move could kill your position.
It's important to preserve what you have.
So 42.40% is the key level you must watch out for now.
We are witnessing an extended period in these ALT cycles.
A lot of new developments in the charts.
Conclusion:- Break above the 200MA will be bad for BTC Pairs, 2-3 Rejection candles and the index could go down from here.
Let me know your thoughts in the comment section.
Your likes are highly appreciated.
Thank you
#BTC.DOMINANCE 6HOUR 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 :
As we can see in the above-mentioned chart that BTC.D is trading inside the triangle pattern on a support level after a rejection from the red resistance zone, whenever BTC.D rejects from the red resistance zone it moves down towards the lower support zone which is 39.40%.
Here I am expecting that BTC.D will brake the green support and move down to the White ray support area which is 39.40%.
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...