BTC.Domination Analysis 9 June 2022#UPDATED
#BTC.D Analysis
still moving in ascending channel and rejected two times after hit nearly major resistance. but if we see from indicator BTC.D showing in overbought area which shoudly down first to retest indicator
center trendline be strong resistance any 4 times trying to breakout always rejected and back to support trendline
i this situation can't expect much . Alt season will happen if BTC.D breakdown And BTC sideways or up and instead if BTC.D up or pumping we will see ALT dominant dump
Cryptosignalspro
THETA/USDT BUYING SETUP (SWING)Buying #THETA/USDT (SWING)
$THETA rejected after hit resistance IHNS trendline and back retest to fresh demand 1H timeframe . we can see any big buy volume after hit fresh demand , so very potential breakout the IHNS trendline and continue upward movement
IHNS still valid if THETA not breakdown support left or right shoulders
Buy zone : 1.365 - 1.25 - 1.2
Target : 1.43 - 1.5 - 1.597 - 1.710 - 1.9
Stop : 1.1
FTT/USDT BUYING SETUP (SWING)Buying #FTT/USDT (SWING)
$FTT breakout falling wedge pattern with big buy volume , RSI bullish divergence Valid and then MACD showing have golden cross, Price action and indicator support for bullish movement
we can entry now or wait for retest first
Buy zone : 27.50 - 26.5 - 25.3
Target : 30 - 32.35 - 35.27 - 39.27
Stop : 24
ENS/USDT BUYING SETUP (SWING)Buying #ENS/USDT (SWING)
$ENS rejected on resistance trendline symmetrical triangle and back to retest on demand , and in demand zone showing rejection and make a pullback. in 1H time frame closing with strong bullish enqulfing candle so potential back to try breakout the resistance
we can close if can't breakout
Buy zone : 11.75 - 11 - 10.5
Target : 12.55 - 13.8 - 15.42 - 17.29 - 18.84
Stop : 10
ATOM/USDT BUYING SETUP (SWING)Buying #ATOM/USDT (SWING)
$ATOM in daily demand zone , we can see before after hit this zone and will pullback . at crash a years ago ATOM sustain in here and make new all time high . potential pullback minimum just retest the supply, and support RSI showing some bullish divergence
we can close if daily closing below daily demand zone
Buy zone : 8.88 - 8 - 7.3
Target : 9.71 - 10.96 - 13.8 - 15.25 - 16.97
Stop : 6.9
OCEAN/USDT BUYING SETUP (SWING)Buying #OCEAN/USDT (SWING)
$OCEAN Big massive news , potential rejection at fresh demand and continue upward movement
Buy zone : 0.234 - 0.216 - 0.196
Target : 0.2484 - 0.2614 - 0.2763 - 0.2992- 0.3338
Stop : 0.18
AVAX/USDT BUYING SETUP (SWING)Buying #AVAX/USDT (SWING)
$AVAX showing make a double bottom pattern, we can see avax not make a lower low this a good movement and if we see on weekly chart avax now in key support or demand zone . potential can sustain and breakout the neckline
Buy zone : 23.3 - 22 - 21
Target : 24.57 - 26.37 - 28.53 - 32- 36
Stop : 20.8
BTC/USDT ANALYSIS 4 JUNE 2022#UPDATED
#BTC/USDT ANALYSIS
$BTC breakdown $30.8k area and close below. rejection on support trendline and up just for retest at 30.7k area and down again , and today BTC still can sustain on support trendline and BTC need breakout $30.8k area and close above or back to $28k area key support before
if we know weekend market boring movement for BTC, we can swing or scalp if BTC sideways and BTC.D down it's good for ALTS
SFP/USDT BUYING SETUP (SWING)SFP potential retesting on demand area before continue upward movement. first try breakout consolidation and make HNS pattern and breakdown . after target reached we can see SFP do reversal and back to breakout for second times. now potential rejection on demand area and can continue upward movement
Buy zone : 0.4 - 0.365
Target : 0.4354 - 0.48 - 0.5316 - 0.5831
Stop : 0.35
NEAR/USDT BUYING SETUP (SWING)Buying #NEAR/USDT (SWING)
$NEAR Breakout descending channel and rejection after hit strong resistance and potential down retest first before try to back breakout resistance . close if can't breakout supply zone
Buy zone : 5.4 - 5.1
Target : 6.126 - 6.481 - 6.931 - 7.574 - 8.731 - 9.957
Stop : 4.9