BITCOIN DOMINANCE PROBABLY BACK TO 85%, 2016 levelsLooking at BTC dominance, there is a HUGE upside down Head and Shoulders that in case of break up it will bring BITCOIN dominance back to 2016 levels or about 85%-90%.
In a way it makes sense since every time BTC drops a little ALTS drops a lot, and it seems that at the moment BTC is due to a correction.
Only for entertaining purposes
Let me know what you think, don't forget to LIKE this post
Btcd
Bitcoin i think bull run is done, we need correction to5800-6000I think bitcoin bull run is done.
We need correction to $5800-$6100.
Will there be another update of the maximum price. I do not know. But growth was very strong and a correction to the support zone is needed.
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We have big gap on the Bitcoin Futures (CME)
BTC Dominance is down (Big correction) GOOD time for ALT Coins!There is the first powerful signal for the return of Bitcoin dominance to the launch site.
Bitcoin is losing its growth power!
Now the best time for buy Alt coins!
My Favorite Alt coins for Buy:
What Alt coins i want buy now?
1) NEO (Neo)
- NEOUSD
- NEOBTC
2) ONT (Ontology)
- ONTUSD
- ONTBTC
3) ETH (Ethereum)
- ETHUSD
- ETHBTC
4) TRX (Tron)
- TRXUSD
- TRXBTC
5) EOS (EOS)
- EOSUSD
- EOSBTC
6) XLM (Stellar)
- XLMUSD
- XLMBTC
7) ADA (Cardano)
- ADAUSD
- ADABTC
I am now doing an analysis on these coins and am already entering them.
You can see tomorrow on my channel in Telegram.
Now I produce technical analysis and look at fundamental analysis.
Altcoin Going 5x Cummings Soon You can see the Chart of Btc Dominance on Daily Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
A trading opportunity to buy in BTCDBTCTechnical analysis:
. BITCOINDARK/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00736080 to 0.00559310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00736080)
Ending of entry zone (0.00559310)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01109300
TP2= @ 0.01310700
TP3= @ 0.01473000
TP4= @ 0.01662300
TP5= @ 0.02108900
TP6= @ 0.02556000
TP7= @ 0.03191500
TP8= @ 0.04001800
TP9= Free
A trading opportunity to buy in BTCDBTCTechnical analysis:
. BITCOINDARK/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00736080 to 0.00559310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00736080)
Ending of entry zone (0.00559310)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01109300
TP2= @ 0.01310700
TP3= @ 0.01473000
TP4= @ 0.01662300
TP5= @ 0.02108900
TP6= @ 0.02556000
TP7= @ 0.03191500
TP8= @ 0.04001800
TP9= Free
bitcoindark, nice breakoutsaw this breakout, today in the morning hours, looks interesting
i am locking forward for long positions, goals are up to 0.01 BTC - Circulating Supply is just about 1.288.862 BTCD -so really not much and really not far to go
BTCDUSD BitcoinDark Trend AnalysisI believe that BTCD will see a huge increase, it is almost undersold and it's not at the end of the channel.
In my opinion, i expect btcd to stay in the current trading channel and break out later on.
I feel this is still a work in progress and will not break the trading channel until a lot of ups and downs!
Only time will tell, this is looking like a good buy and sell trading channel.
Long trend BitcoinDark BTCDBTCThe price is at lowest point of the trend. The MA 7 and MA 200 are at bulish trend which affirms the long trend. BITTREX:BTCDBTC The price is at lowest point of the trend. The MA 7 and MA 200 are at bulish trend which affirms the long trend. BITTREX:BTCDBTC
Potential strong upwards trend for BTCDUSDStrong indicators of reversal above trend line. Including the morning star, which indicates a potential bottom, the hammer, which indicates and end to a significant downtrend, and followed by a bullish line at the time of this post.
BTCD - BitcoinDark AccumulationI see BTCD has been accumulated for more than 5 months. Time to breakout and reach prices over 0.01