Btcdominanceanalysis
#BTCDOMINANCE 2Hr UPDATE BY CRYPTOSANDERS !!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 2Hr chart analysis.
As we can see from the above-mentioned chart that BTC.D is trading inside the bear flag pattern.
BTC.D rejected from the upper trend line resistance and will move downside towards the lower trend line at the level of 46.80%.
Break below the lower trend line retest will trigger the BTC pair altcoins to rally upside hard.
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.DOMINATION ANALYSIS BTC.D consolidation and make a bullish flag pattern . has breakout and also retest and now still consolidation in lower timeframe , we see have double doji pinbar candle on support and confirmation close with green candle , potential continue upward movement minimum 46.82%
so this is bad for ALTS if BTC.D up and BTC down ALTS will dump
BTC DOMINANCE | BITCOIN | ALTCOINS: THE RELATION.Hello guys, this is the BTC dominance update in 2 days timeframe.
Things are taking quite an interesting turn in the market. I am not completely sure yet but comparing the BTC dominance with Bitcoin and other altcoins, looks like some big move is about to come.
Let's compare the dominance and BTC chart side-by-side.
Bitcoin: In my recent BTC update, BTC is holding the $28k support level and it is trying to bounce back. The RSI is at the oversold area and most likely it's gonna rally higher.
BTC Dominance: We saw BTC.D making greens for the last couple of weeks breaking out of the upper trendline and also close to hitting the resistance level. The RSI on the other hand has crossed the 70 level which shows a clear sign of rejection.
What I am understanding from the current scenario is BTC is trying to make a bullish rally and the BTC dominance is possibly getting rejected. According to the experts, whenever the BTC.D gets down and BTC goes up, the altcoins go up quicker.
Is that possible in the current phase? Are we going to see a bullish rally or is it just a trap? Well, I am not sure enough to confirm it. Like I said many traders including me are assuming this to be a bear market but nobody knows exactly and no one can be deadly accurate at this. It is all a probability. As of now, for this chart, my invalidation point will be 47% resistance level. If the BTC.D breaks above this then all these assumptions will go to nothing.
What do you think about this? Do share your ideas and correct me if I am wrong.
I'll see you in my next update.
Thank you.
BTCDOM ANALYSISBTCDOM ANALYSIS
BTC succeed breakout and has retest potential continue upward movement. Nearly resistance at 47.69% Area
If BTC breakdown until $26k area potential BTCDOM hit 48.92% this is key resistance level for BTCDOM
RSI showing overbought on daily so potential rejection and make a correction at 46,7% Area before back to try breakout again
#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.
Cheers
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#PEACE
#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.
THANK YOU.
#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.
THANK YOU.
Let's not catch a falling knife .CRYPTOCAP:BTC.D
We are being rejected of the monthly supply and might head downwards in sometime which may let the alts to rise. We have made a triangle in which price tried to brekout upwards but seems to a fake-out now to trap late longs. Bitcoin bottoming and Dominance going down can give provide us with at least 15-20% for now.
PS = Still holding 50% USDT for future use i want to catch a dip not a falling knife.
ALTS CAN RISE AGAIN !BTC.D I'm seeing a reversal at this point , next weekly open can be good for alts in my opinion 44.62% and 44.17% acting as a strong resistance here . But on the other side if we close a few daily above 44.62% we may see another blood bath in this month , else a drop till 42.63 level is quite possible . BTC might range till 20Th of may and Dominance going lower . What might be a best to to load a few dips ? Though save some USDT for future use .
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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and
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 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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#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.
thank you.
#BTC Dominance entering resistance cluster. Decisive time ahead.Bitcoin Dominance is again above 200MA while hitting the resistance area.
We might see some relief in Alts for the short term.
However, the trend for Altcoins will be confirmed when it hits the upper resistance trendline.
Breakout will result in more blood in altcoins.
This will be the fourth time dominance will be hitting this 1 year + resistance trendline.
What do you think? Let me know in the comment section.
Thank you for your consistent support.
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Thank you
#PEACE
BTC DOMINANCE UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC DOMINANCE short and simple UPDATE
USDTDOMINANCE is forming this bearish flag pattern currently it is at the upper resistance of this accusation channel we expect a rejection from there up to lower support or then if it breaks the lower support with confirmation then we can expect a drop up to 3.62.
Here we may Bounce from here up to the upper resistance of this rising which pattern then we can accept rejection from there.
Let's see how the daily candle closes
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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#BTC Dominance Understand this level if you are holding ALTS!Reasons to Follow me?
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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 SHORTER TF UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
BTC DOMINANCE UPDATE
CURRENTLY, BTC DOMINANCE IS MAKING THIS BEARISH FLAG PATTERN BUT IT IS NOT CONFIRMED YET IF IT BREAK THIS LOWER SUPPORT WITH CONFIRMATION THEN WE CAN EXPECT A DROP UP TO4035% LEVEL.
Let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
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#BTC Dominance is Bearish! Massive ALT SEASON will trigger soon.Although I have been calling for an Alt season for the last 4 weeks.
A massive rally looks imminent in Altcoins.
Below are the reasons we can see an Altseason trigger:-
1. Close below 21 MA confirmed
2. close below 50 MA confirmed
3. Possible bearish Crossover below 21 MA below the 50 MA.
4. BTC Dominance got rejected from the red resistance zone.
5. Multiple indicators show signs of bearishness in this chart.
Invalidation:- Dominance staying above the 200 MA is a problem. Dominance must break below it to confirm the trend.
The lower target for Dominance is around
Let me know your thoughts.
Thank you
#PEACE
BTC.D - time to fallHello friends.
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Everything on the chart.
Target zone: 35-30%
cancellation of fall - consolidation above 48%.
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.
#BTCDOMINANCE 3DAY UPDATE BY CRYPTOSANDERS Welcome to this quick BTCDOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our BTC.D 3-day update
As we can see here that BTC.D is on a support of yellow MA, inside a falling wedge pattern.
If BTC.D rejects from yellow MA then that will be the confirmation that BTC.D can come down to 39% mark.
If it moves as we expect then we will see an uptrend in ALTCOINS until BTC.D changes its movement direction.
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...
BTC DOMINANCE 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
Bitcoin dominance is breaking down from the ascending triangle in the 4 hours frame and looks bearish . Also, it breaks below the 21D ma which is also a good sign for Altcoins.
The Green dotted line shown in the charts indicates the support level . I'm expecting the Bitcoin dominance to reach the 40 levels again and we might see a good Altcoin season in the 2nd quarter of 2022.
IMO it's best to accumulate some good Altcoins, especially in BTC pair on spot. Soon I'll share some good Altcoins in BTC pair.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#BTC.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERS Hello members, welcome to the BTCDOMINANC Quick update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
In the current scenario, BTC.D broke the Chanel downside and retested the lower trend line.
We are expecting here that we will see some downfall which means that BTC will form some green candle because as we know that BTC and BTC.D both work inversely proportional.
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...