Mini Altseason2023 has started)). Hi dear community and my loyal followers.
Are you waiting for your altcoins to burst and explode?
Do you want to know when mini altseason2023 starts?
Let me update some ideas. As you see BTCD reached to the key weekly resistance zone 48.5-49% and rejected strongly with potential weekly shooting start or bearish pinbar.
At the same time daily BTCD broke down rising wedge with bearish divergence and more likely will retest 44-45K support zone giving room altcoins to explode after long term accumulation phase.
At the same time Total 2 broke weekly descending triangle, retested it successfully, and broke also main diagonal and horizontal resistance.
Weekly candle close above 620 billion is super bullish for altcoins with target 1 and target 2 mentioned on the charts. But Target 2 will be reached only if price clears target 1 and holds it as a support.
If you like my ideas and analyses, don't forget to like and follow. I will appreciate a lot.
Btcdominance
It doesn't go away that easily.First monthly green bar on SQZMOM since oct. 2020.
I'm not looking forward to the alt-season.
There is a transfer of expensive coins into impatient hands.
Don't follow my ideas don't believe me if I disrupt your plans.
Trust yourself at all times.
Be anarcho-individualists, and despise pack.
Do you think I'm wrong?
Do it your own way.
Responsibility for decisions must be respected.
I do, even if I don't agree with you.
The volume profile section being created on the 1M chartHello?
Traders, welcome.
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
It is showing sideways after USDT volatility.
USDC has been showing signs of stopping its decline and moving sideways since around April 3rd.
If USDT maintains its upward trend, the coin market is expected to continue its upward trend.
However, I think that the increase can be increased only when USDC turns into an upward trend.
If you look at the USDT chart, you can see that it will rise to around the previous high.
Therefore, it can be said that the coin market's funds are almost recovered.
However, due to the decline of USDC, I don't think the coin market has entered a full-fledged uptrend yet.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
On the USDT dominance chart, you need to see if it can fall below the downtrend line (2) and uptrend line (1).
If not, USDT dominance is expected to show an uptrend.
Therefore, we need to keep a close eye on movements that deviate from the 6.85-7.27 range.
---------------------------------------
(BTCUSDT chart)
(1W chart)
If the price holds around 26574.53, I would expect a move above 32259.90.
However, as the HA-High indicator rises, the possibility of being created is increasing.
Therefore, if the HA-High indicator moves and is created, it is necessary to check whether it is supported or resisted near that point.
Looking at the 1M chart, a volume profile is formed around 28923.63.
As it rises around 28923.63 this time, a volume profile section is being formed again at the 28465.36 point.
So, the question is whether the price can sustain it by rising above 28465.36-28923.63.
(1D chart)
The volume profile section mentioned in the description of the 1W chart is displayed on the chart.
We need to check if we can break through the volume profile section that is being created over the 28465.36-28923.63 section.
The remaining volatility period is until April 11th.
It can be seen that the current trading volume of this chart, the BTCUSDT chart, has sharply decreased.
Therefore, if this sideways sideways is prolonged, it is expected that fear will build up in the market.
The MS-Signal indicator is rising to around 27662.82.
So, if it fails to rise above 28465.36-28923.63 and sees frequent dips around 27662.82, I would expect a decline around 26574.53.
(BTCUSD chart)
Binance charts are showing sharp volume declines, so let's take a look at TradingView's index charts to see the overall volume distribution.
It can be seen that the trading volume is gradually decreasing.
So, it will be a matter of whether there is a move out of the 26565.12-29234.0 zone during this sideways period.
------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
if it goes down,
1st: 35539000
2nd : 31024000-32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BTC Dominance, Get ready for Altcoin party 🥳🎉. BTC.DHello guys, Consider Bitcoin market cap to help identify market movement and the Altcoin season. To altcoin party we need money flow from bitcoin to other coins which we can see this on the chart now. So we have to wait for it to break 47% and complate the reversal pattern, and on the condition that the price of Bitcoin does not fall too much and stuck in trading range.
Good luck.
If its useful please like it as a support and follow me for next analysis :)
.
Salam doostan aziz, chart arzesh bazar bitcoin hast ke be zire moghavemat khod reside. in chart ro baraye tashkhise harkat bazar va alt season dar nazar begirid. baraye altcoin party ma niyaz darim ke pool az bitcoin be coin haaye diger montaghel shavad ke hala in ro daram rooye chart mibinim, pas bayad sabr konim baraye shekaste shodan 47% va kamel shodan olgo bargashti, va hamchenin be sharte inke gheymat bitcoin ham rizeshe ziyaadi nadashte bashad va renj shavad.
moafagh bashid.
like va follow faramoosh nashe :)
Mini ''ALTs Season'' Possible ?Most significant 'Pumps' has 2 pre-requisites:
Bitcoin and it's Dominance both rose in the previous period, whereas Alts were rising slower than Btc Dominance.
From left to right you can see the history starting September 202 with Dominance rising at 49 degrees and ALTs rising at 14 degrees (yellow letters and trend angle lines).
In the period after that and after BTC Dominance hit resistance, ALTs explode at 59 degrees (pink letters and trend angle lines).
What we have today is:
1. BTC Dominance at Resistance
2. Bitcoin Dominance coming with a rise of 30 degrees whereas ALTs at only 16 degrees
The 2 together show probabilities for an increased pace in the rise of ALTs. My projection is both optimistic and 'brave, and it shows a possible increase at 49 degrees from now till end of summer (could it be possible that ALTs see a 900 billion cap? not impossible according to the chart!) or a milder pace at 35 degrees to 463 Billion (the most likely scenario).
ALL RHESE GIVEN THAT BTC DOMINANCE FAILS TO BREAK HIGHER!
One Love,
The FXPROFESSOR
BTC.D MOMENT In analyzing the market dynamics, the value of BTCUSD plays a significant role. Nonetheless, in addition to BTCUSD, I am keeping a close eye on the BTC dominance percentage, which measures the dominance of Bitcoin in the cryptocurrency market relative to other cryptocurrencies like Ethereum (ETH).
If the BTC dominance percentage breaks out, it means that Bitcoin is gaining dominance in the market, and it would be advisable to hold Bitcoin instead of ETH (altcoins). On the other hand, if the BTC dominance percentage reverses down, it suggests that the dominance of Bitcoin is decreasing, and holding ETH (with altcoins) would be a better investment choice. Therefore, by monitoring the BTC dominance percentage, I can determine whether it is favorable to invest in Bitcoin or Ethereum and altcoins.
Current BTC.D percentage: 49%
BTC.D breakout target: 67%
BTC.D breakdown target: 41%
Pay attention to the future impact of USDT volatilityHello?
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
The Market Cap charts (USDT, USDC, BTC.D, USDT.D) introduced above are charts that give you a rough idea of the flow of funds in the coin market.
The most important of these is the movement on the USDT chart.
USDT is one of the stablecoins supported by all exchanges around the world.
That means that there are quite a few exchanges supporting the USDT market.
Funds flow in and out of the coin market through USDT and USDC.
In particular, the rise and fall of USDT has a great influence on the flow of funds in the coin market.
The volatility of USDT is likely to have a large impact on the coin market, so it is necessary to look carefully.
Thus, by analogy with roads,
USDT and USDC mean road width.
The larger the road width, the more cars can pass at the same time.
Therefore, USDT and USDC should keep rising while creating a gap.
If you look at the USDT 1M chart, you can see that it has risen to the previous high.
So, you can see that the funds have mostly been recovered.
The BTC.D, USDT.D chart is like the speed of a car.
No matter how fast the cars are, if the road width is narrow, the cars will inevitably slow down due to congestion.
Therefore, in the big picture, it can be seen that USDT and USDC are ahead of BTC.D and USDT.D.
We are sensitive to all kinds of articles and announcements and use them to predict the coin market.
However, nothing can be done with just these articles and announcements.
Therefore, rather than that, you should check how your funds are moving and proceed with transactions in the direction in which your funds are moving.
Since the flow of funds may show different movements such as articles or announcements, it will be of great help in actual trading.
Therefore, it is more important to check the movement of funds than the announcement of economic indicators.
As mentioned above, USDT has almost recovered its previous fund size.
In other words, you have the money you need to rise.
This should not be overlooked.
---------------------------------------
(BTCUSDTPERP chart)
(1D chart)
It is necessary to check whether there is movement outside the maximum range of 25882.9-30000.5.
To do so, it is important to be supported and able to rise around 27656.1.
The MS-Signal indicator is designed to see trends.
Therefore, if the price is above the MS-Signal indicator, it is likely to continue its uptrend.
As the price moves sideways, we expect it to cross over with the MS-Signal indicator before long.
At this time, the trend may change depending on whether it is supported or resisted, so you need to keep an eye on the movement.
If it falls below 27102.7-27656.1, you should touch the uptrend line (1), near the M-Signal on the 1M chart and see if it can rise.
As I said in the Market Cap chart description above, USDT is almost back in its fundraising state.
Therefore, if the price is maintained in the current section, it is expected to rise above 30000.5.
The important thing in chart analysis is the trend.
However, it is the points of support and resistance that are important to any trading strategy.
No matter how well you match the trend, you should spend more time creating a trading strategy because if you don't create a good trading strategy, you will most likely fail the trade.
trading strategy
1. Investment period
2. Investment scale
3. Transaction method and profit realization method
Must be made according to #1-3 above.
(1h chart)
The explanation of the 1h chart is about trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
You are currently walking sideways in 'L2', 27656.1-27347.5.
However, since the full-fledged position entry range is 26907.0-28951.7, it is expected that a trend will be formed only when it is out of this range.
Therefore, the 26907.0-28951.7 section is a box section with high leverage.
If you touch the M-Signal indicator on the 1D chart, volatility is expected to occur, so be careful when trading.
- Full-fledged 'LONG' position (black letters)
- Full-fledged 'SHORT' position (black letters)
-------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
The next volatility period is around April 17th.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Significance of the 28923.63-26574.53 sectionHello?
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If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D 1W chart)
(USDT.D 1D chart)
Still, USDT and USDC are moving in opposite directions.
When USDT rises, the coin market is likely to rise.
However, caution should be exercised as USDC's continued decline may limit its rise or lead to a sharp decline.
You have to look at the market thinking that BTC dominance will rise.
An increase in BTC dominance means that funds will be concentrated towards BTC.
Therefore, regardless of whether BTC price rises or falls, altcoins will gradually move sideways or decline.
We need to see if the USDT dominance can break away from the uptrend line (1) and the downtrend line (2).
In particular, it is necessary to check whether it is out of the 6.85-7.27 range.
Since USDT dominance is currently moving sideways, it can be seen that the overall movement of the coin market is moving sideways.
---------------------------------------
(BTCUSDT chart)
(1W chart)
The question is whether it can hold the price around 26574.53 and rise above 32259.90.
If it falls below 26574.53, you should check for support around 20862.47, i.e. near the HA-High indicator.
Keeping the price above the M-Signal indicator on the 1M chart means that there is a high probability of continuing the uptrend from a long-term trend perspective.
(1D chart)
It is important to keep the price above 26574.53 (26013.28-27079.41) and rise above 28923.63.
To do that, we need to make sure it has support around 27662.82.
Since it is sideways, I expect it to move similarly until it breaks out of the 26013.28-28923.63 zone.
The next volatility period is on or around April 7th, so you need to check beforehand to see if there is any movement away from the 26013.28-28923.63 area.
As BTC dominance rises, the difference between the BTC price and the price movement, or slope, of altcoins will increase.
Therefore, it is BTC or ETH that we should pay attention to right now because the purchase of altcoins is possible until the BTC price is around 43K.
This is because these two coins are the time to focus on buying in preparation for the BTC halving next year.
------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
if it goes down,
1st: 35539000
2nd : 31024000-32042000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
The volatility period runs through April 3rd.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BTC DOMINANCE Massive alt season about to start?According to the BTC Market Cap Dominance (BTC.D), a huge alt season may be upon us if the Rectangle that has been ranging in since May 2021, breaks to the downside. The pattern is quite similar to April 2014 - June 2016. That was when Bitcoin (orange trend-line) was in a Bear Cycle and on September 2015 it was coming off of it. It appears that we might be where that fractal was around December 2015.
Is investing in alts a good idea here?
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Start of new monthHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
The reason why I explain the USDT, USDC, BTC.D, USDT.D chart first is that it is judged that the price change of coins (tokens) can be predicted to some extent if the overall money flow of the coin market is known.
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
USDT is trending higher, while USDC is trending lower.
When USDT rises, the coin market is likely to rise.
However, caution should be exercised as USDC's continued decline may limit its rise or lead to a sharp decline.
We need to see if USDT dominance can fall below the uptrend line (1).
---------------------------------------
(BTCUSDTPERP chart)
(1M chart)
As new candles are created, we will update you again.
The question is whether the price can sustain its rise above 28951.7.
If that happens, the chances of the MS-Signal indicator turning into a bullish sign will increase.
Then, from a trend perspective, it is expected to continue its long-term uptrend.
When a new candlestick is created, it is necessary to check the value of the RSI indicator.
This is because it is related to the HA-High indicator.
This is because if the price maintains by rising above the HA-High indicator, it is more likely to renew the recent high from a trading perspective.
The StochRSI indicator is moving up into the overbought zone, so you should check to see if it is showing signs of exiting the overbought zone.
(1W chart)
Compared to the movement of the 1M chart, both the trend and trading perspectives are showing an upward trend.
Therefore, the possibility of continuing the upward trend has increased from a mid- to long-term perspective.
However, if it rises above 32275.6 and maintains the price, it is expected to start a full-fledged uptrend.
There are so many volume profile sections, so the key is whether it can break through upwards.
(1D chart)
The question is whether it can hold the price above 27656.1 and move higher above 28951.7.
If not,
1st: 25882.9
2nd: 24294.1
3rd: 22421.2
You need to make sure it is supported in the vicinity of the 1st-3rd order.
The 28951.7 point is the stop loss in the 32275.6-37243.4 section.
Therefore, holding the price above the actual 28951.7 indicates that a full-fledged uptrend is likely to begin.
If the price fails to hold above 28951.7, it is expected to turn into a short-term downtrend and you should think about how to respond.
If BTC dominance continues to rise along with BTC's rise, there is a possibility that altcoins may gradually move sideways or decline.
This is a phenomenon that occurs when funds are concentrated in BTC, so we expect it to create an opportunity to proceed with the secondary purchase of altcoins.
This trend is likely to continue until around 43K.
(1h chart)
The description of the 1h chart refers to trading in a short period of time that corresponds to scalping and same-day trading among the above.
In this story, whether BTC goes up or down is not the focus.
Therefore, you should not view and interpret this content with a mid- to long-term perspective.
- 'LONG' position that requires quick response entered near 'L2', 27656.1-28347.5 (marked in red letters)
1st: 28951.7-30000.5
2nd: around 30971.3
Trade close: around 32275.6
- Possible to enter 'SHORT' position, which requires quick response when falling after receiving resistance around 'S2', 26907.0-27102.7
1st: Around 25882.9
End of transaction: Around 24294.1
However, if you touch M-Signal, it is recommended to sell some or close the transaction to confirm profits.
The trading strategy for entering a full-fledged position will be explained again when you touch the M-Signal indicator on the 1D chart.
What is shown in the current chart is the previous one, and it is displayed for those who are holding existing positions.
-------------------------------------------
(BTCKRW chart)
The question is whether the price can sustain its rise above 37585000.
If not, you need to check if the price stays around 36412000.
The next volatility period has been moved to around April 2nd.
------------------------------
- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BTC.D at resistance... time for Alts to shine? BTC.D is clearly at the top of this macro range.
USDT.D is also dropping.
This means we may see a mini alt season as alts follow BTC's recent rally.
One counter-argument is ETH Shanghai update - Lots of staked ETH will be (is?) getting unlocked, which could create a lot of sell pressure.
Some very crypto/finance savvy friends are shorting ETH here.
ETH makes up a huge % of TOTAL2 (altcoin market cap), so if ETH does start selling off, this idea will be invalidated, USDT.D will pump instead, and alts will bleed.
Good luck out there...
Happy trades
CD
#BITCOIN Dominance ; the path to 20%You're too late to #Bitcoin and #Ethereum
As a vehicle upon which to make retirement money
No matter how much we like or love them - that is the hard uncomfortable truth
When Boomers and stonk market copers believe they are legit as they do all over CNBC you must not put these at the foundation of your core portfolio going forward.
But as profit taking vehicles for you Picks that you intend to hold for this coming cycle.
The low IQ and high IQ investor knows this both profoundly.
Don't be stuck in the middle and and endure middling gains going forward.
The biggest casino is ETH and also BNB you must be able to just HODLIN ETH is my benchmark of performance.
BTC.Dominance Analysis (time to fall)Hello friends.
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Everything on the chart.
Like for me, we're completed our upward movement in form of ending diagonal
Time to decrease, minimal target zone 45.5 - 44.5%
cancellation of scenario - 48.5%
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTC.D Weekly resultsWeekly results show no signs of the trend continuing.
At two weeks, there are still 48% in the rejection area.
When the volume is viewed, there are no clear indications,
but it is clear that the 48% area is still quite powerful, and there is a chance that he will move back to the 47% area.
BTC.DAccording to the previous analysis, Dominance Bitcoin has moved up to its weekly time frame resistance and as long as the previous log, and it is resting and suffering, and with the failure or rejection of this resistance, various states may be formed in the market:
🔰Dominance and Bitcoin both break the resistance »Bitcoin will grow better than altcoins
🔰Dominance and Bitcoin will both be rejected from resistance »Bitcoin will have a better fall than altcoins
🔰 Dominance will break the resistance and Bitcoin will be rejected from the resistance » Altcoins will have a better fall than Bitcoin
🔰 Dominance will be rejected from the resistance and Bitcoin will pass through the resistance » Altcoins will have a sharper upward movement than Bitcoin
Any of the above situations may happen, but it seems that a correction in Dominance and, as a result, a further correction of Bitcoin compared to altcoins is more likely.