Return of the King v3Updated dominance idea. Perhaps bitcoin is going to survive this bear market at these levels while the alts capitulate. Else bitcoin moons and alts stagnate.
Dominancebtc
#bitcoin dominance Chart with notes1/ Bitcoin Dominance ⬆️ - Altcoins in Sats ⬇️
2/ Bitcoin Dominance ⬇️ - Altcoins in Sats ⬆️
3/ The slope seems less vertical this bear cycle suggesting dominance won't go as high as last time
BTC.D - Market Update 29.06Hello Traders!
Since last May, bitcoin dominance has been moving within a wide range of sideways movement between 39.30-48.00%.
In the May-June sell-off wave, the dominance value tested the 48.00% level, followed by an impulse correction. Most of the altcoins showed growth from their local minimums within 40-50%.
If the selling pressure on the market continues, we can expect another wave of growth on the dominance chart to the 50-52% zone, which will allow buying altcoins with a significant discount.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Altcoins One More Blood Bath Coming ( Bitcoin Dominance Chart )#Bitcoin Dominance Chart Update:-
BTC Dominance currently trading at 44.33%
And this area is Perfect Retest Area.
So Now I am expecting Upward move toward 50% Dominance Level.
So If Bounce and Go toward 50% then Altcoins will be bearish and One More Bloodbath can expect.
So If Dominance Above 43.50% then Not good For Altcoins.
But One more thing I am tracking at this Time.
If Dominance will increase then Bitcoin Price move Down Side.
Mean Currently Dominance = Inverse Proportional to Bitcoin Price.
Red Area = Blood Bath in Altcoins.
Below Red Zone= Good For Altcoins.
Resistance:- 48%/56%/62%
Support:- 43.50%
Keep watch before open any tradez
BTC dominance - the reason behind Altcoin outperformance !I drew this chart 1st of May 2022 and suggested that it was signaling an Altcoinseason.
After the dominance had broken out of the bearish triangle to the upside I thought I WAS WRONG.
However, after a strong reversal the Bitcoin Dominance has fallen back inside the triangle today and is FALLING LIKE A STONE !!!
Will be really interesting to see how this further develops ....
Altcoins Seasons Still Not so Ready for More Altcoins Dump#Altseason Coming?
Dominance Chart:
Currently Dominance is not favour on #ALtcoins
44% is strong support/Retest.
Red Zone is Red for #Alts
still Stay Away from #Altcoins still Waiting for #Altcoins Bottom.
Will Update Best Entries.
Small Altcoins Session will Coming ( Bitcoin Dominance Update )#Bitcoin Dominance Update:-
$BTC dominance currently trading at 47% and went upto 48% as I predicted.
White Line Support is 46.50% which is support level.
Above this Support level Altcoins More Blood Bath but if Break down this support for 44% Retest level then we can see small Altcoins sessions.
This Red Zone area is Dangerous for Altcoins.
Mean This Breakout is in High time frame so Next Resistance is 50%
We can see more 20-30% altcoins drop from Current price if Dominance continues Rise.
When Relief from Blood bath..?
If Dominance Go toward Retest level 44% then we can see small Altcoins sessions.
Above 46.50% bearish for altcoins.
Trade with proper stop loss.
Support:- 46.50%
Resistance:- 50.26%
#USDT.DOMINANCE 4Hr UPDATE !!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.
Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
Welcome friend I think you guys are doing good business. The dominance is broken and the 21MA rejection and altcoin pump the USDT pair! good profit.
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.
Thank you
Bitcoin Dominance Perfect hit our Target#Bitcoin Dominance:-
#Dominance Perfect hit our Target.
Now Rejected from resistance and Holding 47% support.
We can see more Blood bath in #Altcoins
#USDT.DOMINANCE 2Hr UPDATE !!Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
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.
READY DOMINANCE is break and pumps altcoin usdt pair!
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.
Thank you
dominance predictionThe BTC .D is important because it tells investors which part of the market is stronger. In an uptrend, Bitcoin is stronger. In a downtrend, alts are stronger.However in our preditions BTC will gain main inflow of the market mid future,If you look back on the chart you can see that during the heights of the crypto bull-cycles in 2017 and 2021, the BTC .D was in a free-fall. Everyone was selling their Bitcoins and putting their gains into alts, leading to the classic alt-seasons.reversal patterns show we wiil not gonna sea any bull run in the alts until dominance gets 54% of the market cash ,in the end DYOR
#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.
Bitcoin Dominance Chart ( Another Alts REKT ? )#Altcoins Update ( #Bitcoin Dominance Chart )
#Dominance Still Above Support Level so #Alts still Not Bullish.
If #BTC Dominance Hold 46% Support then #altcoins will be Bearish
Below 46% we can see small #ALTSEASON
As Per chart Dominance Next move toward 48%
BTC.D bullish, careful with altsBTC Dominance is looking very bullish meaning that entering alts at this point is extremely dangerous
Altcoins More Rest Coming So Ready with your Tight Positions#Bitcoin Dominance Update:-
$BTC dominance currently trading at 46%
Which is Above resistance level.
Mean to say that this area is not good for Altcoins.
This Red Zone area is Dangerous for Altcoins.
Mean This Breakout is in High time frame so Next Resistance is 50%
We can see more 20-30% altcoins drop from Current price if Dominance continues Rise.
When Relief from Blood bath..?
When Dominance hit 50% then we can see some Altcoins sessions.
Above 44.80% bearish for altcoins.
Trade with proper stop loss.
I am Bearish Side above 45% Dominance level.
Support:- 44.60%
Resistance:- 50%
Dominance Pumping and Altcoins Dumping Hope you followed #Bitcoin Dominance ( #AltCoins Update )
Dominance Now Pumping so this is Bearish for Altcoins.
I already told You exit Above 45% Dominance Level.
Hope you followed.
Now Expecting to test 47.50% Level.
So More Dump Possible if Dominance Rise
Bitcoin Dominance ( Ready for Mini Altsession )#Altseason ..?
#Dominance BreakDown + Retest = ✅
So I am Expecting #Bitcoin Dominance hit 43% Support Level.
which is Good For #Altcoins Pump.
Danger zone= Above 45% is Dangerous for Altcoins.
Trade with the Chart.
I recommended Trade in altcoins if below 45% zone.
Above is very risky for Altcoins.
Stay safe.
Like and share.
Thank you
Bitcoin and Bitcoin Dominance UpdatedBitcoin struggling to break over and head towards the 34,000 Resistance:
30900 would be the level we could dare to increase our Long positions whereas 28,600 looks like a more probable scenario.
At the same time, BTC Dominance is finally under resistance again and this calls to switch focus very fast to Altcoins:
In any case, this will be very interesting to see when the US markets open.
Volatility could be on today, be prepared.
one Love,
the FXPROFESSOR
Altcoins is now in Danger , What will do now?#Bitcoin Dominance Chart:
Don't hold #Altcoins above 45% Level.
- If Dominnace Hold above 45% Then Best to Exit form #Alts
- No Doube Below 45% is good for #Altseason
- Next Level To enter in Altcoin is 50% Level
So First Watch And after Enter in Any Trade.
#USDT Dominance bearish!!USDT Dominance :- Looks bad , we could see some breakdown here which will eventually be good for ALTS and BTC.
Trading around 5.93% my level was around 5.90%.
Let's see if we could get a daily close below that.
This is good for the entire market.
Let me know your thoughts in the comment section and do not forget to hit the like button.
Thank you
#PEACE
BTC DOMINANCE - The Decisive ChartBitcoin Dominance is the key chart and it can be as tricky as it gets...
We see MAJOR Resistance right now at 45% and this is the second time it is put to the test.
If it breaks higher then BAD news for Altcoins (not necessarily for Bitcoin).
If again it gets rejected and eases lower towards 42% or lower then Great news for Altcoins.
On the chart you can see how we had a Bull Run in 2021 (orange level) when tis level dropped from 70% to 40%
So, if you want a 'Bull Run' and a major recovery on our ALTs then this is the chart you want to see lower.
I am also in this category but Bitcoin is my main asset, my preferred trade and Alts are secondary. That is just my opinion.
One Love,
the FXPROFESSOR
