Btcdown
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!!!
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Disclaimer!
I do not give entry and exit points.
I share with you my opinions and ideas, which may differ from yours.
BTCDOWNUSDT ANALYSISBuy this coin at the support line( $ 4,667) or
Try to catch EngineeringRobo' s buy signal after buying this coin watch carefully EngineeringRobo ' s sell signal
I don' t recommend to hold this coin at the moment It seems to goes down
Have a good trade . If you want to use EngineeringRobo please dm me.
BTC Down on its way upSupport on the red 1x1 needs to hold - Resistance/Support on the Arcs and fibs
No one is talking about this BTCUSDT long-term scenario. 🤯🤯first of all if you are new here then go and check out my telegram channel @harshgpcryptocalls
If you don’t like my advices and ideas don’t follow me just ignore. For me, your profit matters. not wasting time let’s start the description.
So, currently there are two scenarios present at this time.
1.One is Bitcoin can pump to new high of 14500. (which is highly impossible, but can’t trust the volatility)
2.Second is it can take correction to the 880l level and then enters into a downtrend which can take the price tothe lower level of 4700.(having higher chances)
the reason i’ll post in a new 4h chart analysis (i’ll link to this so, don’t worry about detailed analysis)
the simple and short conclusion is we’re expecting BTC to cross the levels from breaking resistance or support for new trend of the season.
Don’t get trapped in any wrong decision. i advise you to wait and watch for a week.
stay tuned happy trading, take care.
Alt Season just started! Enjoy it :)We are doing Analysis of BTC .D on 1 Day 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
Next moves of almighty BTC As given idea in my first ever my published chart in tradingview (was not best looking chart or professional) but with the best possible prediction and same happened as told. Now it is risky to hold BTC as per me i believe by looking risk return management and also the scenario which has more probability to happen or next move most probably going to happen is downside.
The scenario is only invalidated when btc closes two daily candles and one weekly candle above 6300 then i can say we are really in bullmarket and rebuying btc could be good.But i dont think this is going to happen.
The risk to hold is bigger and loss is 10% but the return is 30-40% and risk is less to hold.
last thing is when tether fud happened there were all different types of chart in different exchange. somewhere it was looking like we brokedown and we are directly going down and somewhere it was like my chart is playing out. so i was totally confused therefore gave those bearish charts but with tight stop loss and we gained nice profit with almost very little loss and now be ready for downside move.
BTCUSDT Pullback AnalysisBTCUSDT - Binance
Most likely the peak will breakout to around 5220-5200. The Fibonacci level from Breakout Point II to Peak C (0.236) with Fibonacci level from Breakout Point I to Peak C (0.618) at 5200. So it confirms the probable foot of the Peak C will be around 5200. Further testing the Breakout Points with Peaks A and B, I observed a pattern/series with coinciding with Fibonacci levels which allows me to confirm the next foot of the Peak C.
As BTC has shown golden cross, Btc is in uptrend flag rally so 5500 might be a new resistence level.
I believe before a uptrend or a downtrend it will touch around 5200 and then to 4950 if downtrend or 6000 mark if uptrend.
Targets
T1 - 5373
T2 - 5200
T3 - 4950
T - 6000 (If continue to uptrend due to 1. Golden Cross 2. Uptrend Flag)
Contact me - t.me GTCGoodTradeCalls
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
BTCUSD H&S was finished on a larger timeframe scaleAlthough we expected finishing of patter in the Short term at the 1-hour timeframe scale, it took much longer to complete it. At the 3 days time frame we see a clear H&S is formed. This is the update to the previous trading idea. The price dramatically went down to the mentioned level.
To drastically change the direction of movement, bears was need to push the price below the level of $6 895 and this have happened
Today in the social media appeared post of Ripple CEO Brad Garlinghouse. He claims that he believes that Fiat in the short term will still be relevant. He considers "senseless" a probable replacement of the usual money with crypto-currencies. This also adds negative background to the situation
In the short term we expect u subsequent drop to the $6 100 area. Then there is a great probability of going breaking through the support line and consolidating around $5 745 where there can be a rebound and new uptrend will start
Traditionally Bitcoin price drop pulled down the vast majority of alt coins. At the CoinMarketCap we can see red market for all alts except for USDT
Stay tuned!
Sincerely,
SkyRock Signals Team
A lot of indicators pointing downFirst, RSI 4 hours has a monster divergence.
Them, RSI on 5 and 15 min. on short time chart, diverging too right now.
Elliot correction abc.
So what we do? Sell and put an stop loss.
The target first target are made by 3 crossing lines, Fibo 38%, long term trend line, and mid-term trend line.
Between 7450 and 7550.
I believe in that stop, because the market are really hot and we formed a high pivot.
Thats my guess, and yours?
BTC still probably going down...Hello everyone, I previously posted a chart on BTC and posited that BTC was probably going down. I theorised on the apparition of a possible double top formation. It looks like something like this has happened and BTC was actually stopped right on my line of resistance.
I've been telling y'all that's the black line of death right there. It is composed by various indicators all converging there - the 200 EMA on the daily chart, the 0,5 Fib level and human psychology, that level is extremely close to 9k. It's actually from the 8,8-9k. And you bet people are leaving orders on the book to sell. Who you ask? I theorise a lot of people who were burned buying at 15k-10k levels or even just those who bought in at 9k. We've been below these levels for a few weeks now, what may feel like an eternity to these retail investors.
MACD still going to bounce on my trend line, which direction is this? DOWN. It's rolling over as we speak. The RSI? Looking down! This whole thing is going down.
Let's try to analyse the pattern. No matter which way you cut it, double top (red), small head and shoulders (green) or even any other name you want or formation. My previous chart had a hypothetical double top formation which I left and I now added the green overlay of a small head and shoulders. Kind of messy but it just shows that one can interpret charts in different ways but when different patterns point in the same direction, it's most likely going that way.
This thing is going down! We have to correct one more time. The longer we correct, and stay in this 5 maybe 6 to 8k levels the further towards the right side of the downwards channel we get. What channel? Zoom out, I have not highlighted it, but just draw a line across the tops and another across the bottoms, this downward trend was clear from the beginning and BTC has been struggling to get out of it.
It doesn't matter we're getting closer to the right side of the chart. Even if it's 5-8k WE ARE TRADING SIDEWAYS! THIS IS GOOD! Be patient. Find an entry level. Don't lose your head.
This is of course not financial advice, do not take this as such I am not a financial advisor.
Best of luck,
X
BTC without the right to appeal.Big volatility not let build trend line older than 1 year. Most useful for next 6 month can made is 'Green" and red "red'.
Yellow trend channel is normal bearish movement. Red appendix, is critical, as can see price will move vertically down, just like did move up before end of 2017.
Triangle 1- is Gann 1/1 on last 'lowest' touch. Triangle 2 - is 2/1. Purple curve line, its price resistance.
Zone 3 is dangerous area, as its old trend line, the most revealing of the past. Cross green support trend line, will bring Bitcoin to long long term of "The Great Depression". Black MA-100 cross will confirm it, and next 2-3 days closing price will show mood of market. Here not need to use difficults indicators free of payed, just marks from history and Moving Average. It enough. #BTCdown #BTCUSD #$BTC #BTCtrend #BTCSHORT
Bitcoin ABC correction from 16.000 to "stable" 12.000 We were witnessing overextended BTC flash prices, few all time highs.
Now its time to correct it and "bring back on tracks".
Bitcoin will drop to 14.000$, when it will drop againa and try to maintain 12.000$ stable.
My personal opinion is that Bitcoin will continue to drop further slightly, so it should be around 10.000 with eventual dips to 8.400$.
I think that 10k btc price will be a decent one.
BTC artifical price pumpin', 9350 LIMIT and few drops POLONIEXBtc upcoming price flow would be something like this:
This would be a price range in 2 days time (counting from now)
* 9350 PEAK VALUE
* Downtrend no.1 9250
* -II- no.2 9150
* Uptrend no. 1 9200
* Uptrend no.2 9275
Downtrend no. 1 9150
Downtrend no. 2 9050
Downtrend no.3 8950
My personal opininon is that after this pump is completed (probably fresh cash just jumped into the pool), prices are getting overextended, so we might see future btc prices when this " madness" finished around 8600-8800.
I guess 8600-8900 will be actual price at least one day after this up and downtrend and later on 8400 (8200-8400) range, because everything over is overextended