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Btcdom

BTC.D - continuation of the altseason!!!Good afternoon colleagues! I look forward to continuing the altseason and working out my goals with altcoins. The latest corrective movement in the market frightened many coin holders and forced them to sell. Therefore, it will now be easier to go up, as all who believe in the completion of growth will jump along the path so as not to lose profits. According to BTC dominance analytics, the range for altcoins growth is up to the lower border of the channel + - 57% depending on when it arrives. On the diary, the indicators are still overheated, so I do not exclude being in the flat for a while, which will allow them to unload. In general, we stock up on patience and look forward to growth. We will do our time! Thanks to all my subscribers and readers for your attention! 🙏 Success and profit! Do not leave, without like, and if you liked my analytics sign up, and you definitely will not miss anything! And if you want to learn to understand the market, make money without nerves, write me a PM!
CRYPTOCAP:BTC.D
by CryptoYanina
2
ALT Season returning?!My observations on the crypto market over the last almost 12 months: 1. BTC’s increase in PA (price action) and dominance increasing, meaning BTC PA was outpacing alts on pushes and alts were bleeding a little less on BTC pullbacks. 2. BTC dominance increasing even on pull backs, meaning BTC PA was still outpacing alts on pushes but was now bleeding much less than ALTs on pullbacks. 3. Same as phase 1 where BTC pullbacks caused slightly less drops on alts. 4. This is the phase we are currently in where BTC dominance is dropping even when BTC PA is positive, meaning ALTS are outpacing BTC when BTC makes big moves to the upside. I'm predicting that this last phase will continue until the later part of this year. However, I'm not expecting BTC dominance to drop significantly over that time (maybe to around 50-60%. Once BTC gets within a few months of its peak during the next bull cycle (sometime between June-December 2021). I'm expecting BTC dominance to start dropping to around 35-45%.
CRYPTOCAP:BTC.DLong
by sahil24
Dominance Bounce PossibleWe need to wait for a little more market structure to manifest itself before we make a decision from here where to go. Will the RSI cool off long enough to take us lower or will we have a meaningful bounce from here. The daily has broken down to lower lows on the RSI which indicates that was still have a high probability of going lower from here and creating another daily bear flag much like we did last month. I expect alot of congestion at these levels but once we break the 535 on the daily we can enjoy our altseason and bull-market. For now we will watch it bounce on the hourly and see what kind of market structure we have so we can have a bias from here. God Speed, Mr. Lucifer
CRYPTOCAP:BTC.D
by MrLucifer7
3
SHORT DOMIts been lagging for two weeks now but it looks like it finally flagged out as I stated in my previous video on youtube if you'd like to check. I thought this would happen much sooner but the fact that it has taken this long for a flag to show itself on the daily rather than the 4hr makes the RSI cool off even more than I previously thought making the likelihood that its gonna blow the bottom of the weekly channel trend-line. Might be a good idea to add more to my existing speculative trades. God Speed, Mr. Lucifer
CRYPTOCAP:BTC.DShort
by MrLucifer7
BTCDOM LONG Lets try this one more time. Looks like BTCUSD popped out of its bearish situation meaning market structure has been forced into an evolution that suggests it might be time to go dispute the dire warning I gave earlier in the year. Alot of these calls are made off of statistical probabilities which do tend to evolve over time. That being said the DOM strengthening is presenting a very interesting opportunity with ALTBTC SHORTS. Im glad I didnt get greedy and switch to ALTUSD short pairs. I for one am STILL in EOSBTC short. Happy Trading Gents, Mr. Lucifer
CRYPTOCAP:BTC.DLong
by MrLucifer7
BTCDOM LONGLooking like it wants to take off. Is it finally time for ALTBTC pairs to dump and watch BTCUSD pump? IDK about BTCUSD but I am almost certain this is ready to go again since it had the whole week to cool off for the end of the week move to end strong on the weekly. Lets sit back and watch. My only open position is EOSBTC SHORT. Though BCHBTC is looking spectacularly bearish. Who knows.. Apply good RM so you dont mess yourself up if this is a bad call. God Speed Gents, Mr. Lucifer
CRYPTOCAP:BTC.DLong
by MrLucifer7
Dominance StrengtheningDom is looking like there is strength after this initial impulse move that was seen when BTCUSD took its push off the 6300isk level. BTCUSD in my opinion is going to go for another leg up and push the dominance up to 80% as previously speculated by many analysts. If thats the case we will short ALTBTC pairs on the way down and make some money hedging on the way down while BTCUSD pumps. As of now the only trade I have taken is the EOSBTC short position. The longer Dominance stays above certain resistance levels after a impulse wave the better the chances are that it was not a fake out breakout but something that shifts momentum. We will see what happens. God Speed, Mr. Lucifer
CRYPTOCAP:BTC.D
by MrLucifer7
SHORT MATICBTCWe took advantage on the way up. Now lets have fun with this on the short side. If you followed the MATICBTC LONG trade you likely made 35% on your trade. I settled with 25%. Now I think its time for a nice retracement to take place. Its been a great December as far as volatility and swing trading goes. I will be making an update video here pretty soon. Just not sure if Im going to wait until tomorrow for the weekly market wrap up. God Speed Gents, Mr. Lucifer
MShort
by MrLucifer7
6
LONG BTCUSDEverything is looking good on the daily for a bounce from here. Now that being said I think it is important to note that I do not specialize in BTC price action so tread carefully. What does look to be a good trade at the moment are the long altbtc trades that I posted yesterday which should still be in play as I have indicated in the "BTCDOM SHORT" call that I would be moving my stop losses further down to compensate for anything that may happen while I was sleeping which did end up manifesting itself. Not to toot my own horn here but I have been calling this market as a play by play since the dump at 7432 BTCUSD both in BTC and ALT pairs. That being said it might be a good idea to go long ALTUSD pairs if you are looking at some potentially high risk high reward scenarios. I however will just ride some of my long shot long positions and wait for any hedging opportunities to the short side should they present themselves. Also it is a good idea to take a break after a series of winning trades secondary to the excitement brought on by them. They always say your worse week is the one that follows the best so I better take a small break after MATICBTC does its 35% pump in the coming hours/days. Will probably post up an update video since volatility has returned to the markets.... We can finally have fun again... MAYBE.. Also TNT market mapping worked out perfectly as a play by play... you're welcome. God Speed Gents, Mr. Lucifer.
COINBASE:BTCUSDLong
by MrLucifer7
SHORT BTCDOMAs I stated in my weekly market wrap up on Sunday it looks like there was an unnatural pump that was used to trap people in their long positions. If you watched the wrap up you would have anticipated this and gone short altusd pairs and profited BIGGLY as I did with ETCUSD short. Now however it looks like it might be time for ALTBTC pairs to get a little hop in their step. I dont usually go long on margin so Im going to let my physical long positions play themselves out and wait for another hedging opportunity should it present itself. That being said there is a really good but scary opportunity that is still a viable option for MATICBTC pair. Im still in it and will be adjusting my stop loss down a little further thus taking on more risk but I feel like this is one that is set for a massive bounce from the panic dump as indicated in the video below posted this morning. Looks like ZECUSD was a perfect trade as well. I made alot of money today so Im hoping alot of you guys did today as well. TNTBTC is however following the market mapping I plotted almost down to the tee. Everything is looking great!!! Now Im just going to wait for MATICBTC to play out and then Ill take a break so my ego doesnt get the better of me. God Speed Gents, Mr. Lucifer.
CRYPTOCAP:BTC.DShort
by MrLucifer7