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Btcdominnace

BTC.D - dominance analytics. Ready for an uptrend?Greetings to all cryptomaniacs! Let's analyze the movement of BTC dominance and analyze further expectations from the cryptocurrency market! We saw a downward movement in the dominance of BTC with reaching the level of 57, 35, after which the dominance showed a local upward movement. What can be expected in the future? Now a pattern has been formed on the chart - an inverted "Head and Shoulders" and upon breakdown and consolidation above the level of 60, 31, the dominance will continue its upward movement to the levels of 61.66 and 63.07. It is necessary to observe how dominance will pass level 61, 66. Since this level coincides with the middle border of the channel, and also the moving average approaches it, which will act as additional resistance in the upward movement of dominance. What does this mean for the cryptocurrency market? An upward movement of dominance can mean the same as a downward movement in the cryptocurrency market: BTC and altcoins. The fall of altcoins is faster as a percentage of BTC. So dominance can grow. Or an upward movement in the cryptocurrency market. The upward movement of BTC in a certain period of time will be faster as a percentage of altcoins. Thus, the upward movement will show dominance. My expectations from the cryptocurrency market according to the BTC timeframe, which I will talk about in my next upward movement idea!!! All successful trades and investments! Thanks to all subscribers and readers for your attention! Subscribe to the channel and you will definitely not miss anything. Good luck and profit! Don't leave without alike, and if you liked my analytics, subscribe, and you definitely won't miss anything! Disclaimer! I do not give entry and exit points. I share with you my opinions and ideas, which may differ from yours.
CRYPTOCAP:BTC.D
by aiBAY
1
Altcoin season should restart soon if THIS pattern plays outThe current situation: 1. A head and shoulders pattern is apparent on the 12HR chart, while the price action is right underneath the 12HR 200MA. The neckline is at about 59.4% with a measured target of about 57.7% The bullish case for altcoin: if BTC.D gets rejected at the 12HR 200MA and breaks below the neckline. This will signal lower BTC.D and it will look good for most altcoins. The bearish case for altcoins: if BTC.D gets a SOLID close above the 200MA, which may a signal for lower price action for most altcoins. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
CRYPTOCAP:BTC.DShort
by CryptoRush_
1
BTC dominance (Y20.P4.E01.v2).Micro.Bullish DivHi All, Many of the ALTs are dropping because we have a bullish div. playing out as per the chart. Its a bit puzzling as to why they nearly all do it but here are my thoughts. > 1) BTC decent from 11400 to 11300 range makes the ALTs decend more rapidly as BTC is king; > 2) The ALTS like LINK, KAVA, ADA, etc and many more have not completed their ABC correction; > 3) We have a key level of resistance level on the chart, which could mean that 11200 is a strong support; Either way, there is not much you can do at this point, if you haven't planned your strategy out. Where from here? That is the question. Cheers, S.Sari
CRYPTOCAP:BTC.DLong
by ssari
5