why crypto will be making new millionaires in 2021 ?!! when I just entered the field of trading crypto since 4 years ago and I was just a silly beginner , I was asking myself how these people are making such massive money 2,4,20 and 100X, are they scammers or hackers, what's going on with them?
I found that the main reason that make alts move is the BTC. As a beginner u can think that when BTC goes high it will be good for alts and when it goes down it will bad for alts, and by the way that's not wrong, however it is not the full scenario, you are just trying to get conclusion when alts go bloody and as beginner that's not bad at all.
let me tell u the full situation, once the BTC.D goes down on short term market is bearish, however it is completely good indicator as bullish signal for midterm reference, so what we are facing right now is completely correct and indicates that we all gonna be reach within 2021 !
what I would like to say, That it makes sense to open Binance coins list and see most of alts +50% , why?? cuz BTC.D is sinking and will still be sinking which is definitely amazing indicator.
we are still bullish and I'm buying more, don't ever be frightened on the wrong time,
support levels as per the chart indicates that BTC.D is going down and down maybe this year we gonna see 35% - 40% BTC.D which will make $1000 LTC - $200 NEO - $100 link - $250 polka and $6000 eth.
I'm just giving examples that it is not impossible at all to see these numbers within 2021 and make sure to be patient , hodl until we can see reverse
YOU WONT STOP MAKING MONEY UNLESS U SELL WITHOUT REASON !! ( FEAR)
Btcd
BTC.D : Good news for ALTS CRYPTOCAP:BTC.D
Hello everyone 😃
BTC.D is at pressure zone.
This zone will holds BTC.D for couple of days !
This will make space for ALTS to fly...
BTC.D will being uncertainty in this zone.
📌 Also ACC is slightly bearish ( Kinda neutral ).
It's a good time to buy ALTS such as :
TOMO , BAND , LINK , XTZ , SXP , AVAX , DOT , ETC , EOS and SRM.
🔴 Or it could be a pullback zone for BTC.D :)*
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BTC.D Bitcoin Dominance - The Biggest ALT-SEASON in the History!- I hope you are ready for the upcoming historical move for altcoins in the crypto space!
- We have a double top reversal pattern between weekly swing highs (September 2019 and December 2020).
- On the weekly timeframe, we can spot an Head and Shoulders pattern that is currently preparing for the greatest move in the history.
- See my related ideas about the most promising coins in the related section (BTT, LSK, ICX, BTS, BRD)!
- You can trade this upcoming breakout simply by buying right altcoins. Or by exchanging bitcoin (sell) for altcoins (buy).
- A question is where is the target. We can target 0.618 FIB retracement as our first target, then we can short again after a retracement - down to the 1:1 FIB double bottom level!
- The most impotant things is to pick the right altcoins in the upcoming alt season and if you are not sure, which one to choose, please check my signature below ↓
- As per a general Elliott wave rule, wave 3 is offten the strongest, but never the shortest. (99% of the time).
- In this case a major 3rd Impulse wave just started on the weekly / moonthly scale!
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- 200 weekly moving average can serve as a resistance in the near future, but the price is currently above the moving average.
- Unfortunately or rather lucklily, the 200 index is curving down, which can provides us a lot of fake signals as a support! I would rather use the 200 MA as a resistance rather than a support!
- If you want to see more of these ideas, hit "Like" & "Follow"!
BTC.d, Defi and the future.Posting it here just in case so if that happens I can say "I told you so".
Don't get deceived by Defi, it's making its first experimental growth, there will be blood when everything gets unlocked.
Defi is a tool for a bubble creation, MONEY MAKES MONEY OUT OF THIN AIR ==== CRYPTO MAKES CRYPTO via DEFI PASSIVE REWARDS.
Timing can be wrong of course, but you get the idea of what's coming. Enjoy.
ETH / BTC Long: BTC Dominance Weekly Flipped = ETH / BTC WeeklyWhatever Bitcoin Dominance does, Ethereum will do the exact opposite, proven over time. At the top is Bitcoin Dominance weekly chart, flipped upside down. Below is ETH / BTC weekly chart, normal.
Should BTC Dominance break down here and complete its head and shoulders pattern, Ethereum / Bitcoin pair will complete its HSi and move up dramatically in the same way BTC.D moves down.
I'm bullish on ETH vs BTC, I think we'll reach at least a ratio of 0.05-0.06 BTC per ETH, with a possibility to re-visit our previous all-time high and potentially break through to 0.2.
Bitcoin dominance 1W analysisThe Bitcoin dominance is at a crucial point.
Looking at the channel construction it could break out to the downside in the upcoming weeks, which would result in an alt season.
But, there is also a chance that the dominance will create first a lower high compared to the run in December.
This would require a short upwards movement of the dominance, which would be bad for altcoins.
If we disregard the outlier in December last year, we can see a clear lower high construction since September 2019.
I think that the channel will be broken which would lead to the fall of the Bitcoin dominance. The only question is when this would happen.
Looking at other points in history, such as the time between high & low of the channel and last years alt season, a new season could occur somewhere in May.
Curious what you guys think!