Dominancebtc
Ready for Small Altcoins Sessions ? Dominance Update#Bitcoin Dominance TA Update:-
#BTC dominance currently trading at 43.44%
This is Critical level.
Resistance level = 45%
If Dominance break 45% level then best strategy will be exit from Altcoins.
Because we can see Altcoins REKT.
But IMO now we can see small Altcoins sessions from here.
If 42.50% break down then Ready for small Altcoins sessions.
Keep an eye on below levels:-
Above 45% = Altcoins REKT
Below 45% = Small Altcoins Sessions
Support:- 39%
Resistance:- 45%
USDT Dominance Lower time frame Update.Welcome to this short update on USDT Dominance.
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USDT Dominance is looking weak atm, trading inside a symmetrical triangle.
Break and close below this triangle will trigger a rally across the market.
For now, this initial rejection will result in the bounce in many altcoins and even BTC.
The chart shows the possibility of a retracement towards the 4.47% level which also happens to be the lower support trendlline.
Taking some positions into alts could be a good idea as the risk is low here and rewards better.
DYOR before taking any trades.
If you like this useful info, do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTC Dominance ALT SEASON POSSIBILITY EXPLAINED!!
Welcome to this extensive analysis of BTC Dominance.
If you are reading my updates for the first time, make sure you follow me to read the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
BTC Dominance bounced right from the bottom of the channel around 39.15.
Currently moving around 42.27 level and broke above the blue MA.
The chart is pointing towards a possible rally towards 45.49 in the next 2 to 4 weeks.
This will eventually give some momentum to BTC against altcoins.
ALTS in BTC pairs are likely to continue some decline for the next few weeks unless it hits the legacy trend line resistance which is almost
300 days old. So once the index reaches that resistance level a rejection would lead to a 3 months rally in Altcoins in BTC pairs. So we need to wait for a few weeks to see
whether it breaks the resistance or gets a strong rejection.
CONCLUSION:- Alts will continue to bleed till dominance reaches 45.49 level. Once that level is reached I will update the next chart.
We will have to see whether it gets rejected or breaks the trend line.
Invalidation:- Close below the Blue MA.
What do you think of this chart?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
Bitcoin Dominance BTC.d three scenariosI am posting three possible scenarios for the Bitcoin Dominance ( BTC.d ) wave structure forming this entire bull run.
Scenario 1 shown above is the most bullish (12345 impulsive wave down)
Scenario 2 shown below is bullish (wave B corrective structure)
Scenario 3 shown below is the least bullish (ABC Flat corrective wave) - invalidates below 35%.
Video: I made a video on these three scenarios. Posted below.
I think BTC.d is going to top in the 0.5 to 0.618 fibonacci of the previous wave. I show this in my charts.
All three scenarios will have an altcoin pump, so don't worry. I'm thinking it starts within a week. As for which structure is the correct one, well the market has to start ruling them out one by one. I definitely hope BTC.d will plummet below 35% to invalidate scenario 3, as it is the least bullish.
For BTC people, keep in mind, BTC topped 4 weeks before many altcoins finished their bull run in 2017.
I made a video explaining my three BTC.d (Bitcoin Dominance) scenarios. Highly recommend watching it.
Scenario 2:
Scenario 3:
Video I made on the three possible scenarios
Are we close to an alt rally/dead cat bounce ?Just a quick view of what gave the MA/EMA 200 resistance on the BTC.D the last 2 times
Major alt coins are on a weekly/monthly support levels
Are we going to see the start of an alt rally during February ?
If so, I will be extremely cautious with my take profits levels with 40/50% at TP1
just ideas here, crypto ideas
Alts Season: yes or not??Hello everyone,
I present my idea regarding BTC dominance and what could happen to alts.
As we can see in the weekly chart I compared what happen in the final stage of the last cycle of 2017 with what are happening right now.
In both cases after a big fall of the dominance, which led the alts to disengaged from btc, there was a moment of consolidation, let's dive into that:
- 2017 cycle.
The dominance was bouncing between a level of resistance and support, the RSI was rising with bullish divergence, the MACD was rising but remaining under the histogram.
Then the dominance broke the support and set new lows. That was the final stage of the bull run: btc retracing and altcoins went to a blow off top (alts season).
- 2022 cycle.
The dominance is bouncing between a level of resistance and support, the RSI is rising with bullish divergence, the MACD was rising but still under the histogram.
By comparing 2017-2022: we can see a lot of similarities between this two moments.
The question is what will happen now? The dominance is gonna breaks the support or the resistance?
We can't predict the future but we can make our best guess about it and a good way to do it is analysing what happen in the past:
- If the market is gonna follow what happened the last time we can expect that the dominance will break the support and set new lows (comparing fractals, around 25%) led to an alts season, while btc is gonna make the last retracement before entering in a bear market.
- If the dominance will break resistance there will be no alts season.
Comments and opinions are welcome.
Enjoy your day!
**NOT financial advice, everyone do their own research**
BTC.D inside weekly resistance#BTCD
#Bitcoin #Dominance
it is inside weekly descending resistance zone.
break it out will increase dominance to green resistance zone, and we better to have no altcoin in our bag.
rejection from descending resistance will drop it to support zone and 31% and maybe another great time for Alts and #BTC.
BTC dominance - bottom at 40%? (M)The Bitcoin dominance is reversing with a strong move to the upside. Before, three consecutives lows were formed, each just a little lower while RSI is rising indicating a bullish divergence. This could potentially have a high impact and we would not see this level for a while, if we continue moving up from here.
For more details and an analysis on Bitcoin, go to the most recent post on BTC/USDT.
Good luck with your trades! Do not consider this as financial advice.
BTC.D at resistance zone#BTCD
#Bitcoin #Dominance is at resistance zone.
if weekly candle close above resistance zone, it will head up to break out from descending resistance zone. so then altcoins can drop a lot but BTC may have increase with its dominance.
and if it would be another test of resistance and weekly candle close lower that previous candle, then I think we can take profit from altcoins and bitcoin more and more.
2.3T BTC MCap and 7.7T Alts MarketcapMarket dominance is sitting on support if it breaks, and the market rallies we may see the biggest alt run in history. at 10T total mCAP
BTC price at 109K
Alts will divide the 7.7T marketcap
if it bounces BTC may see a 63 percent Mcapdominance probably this in a crypto bear market scenario.
at its lowest target of 10K.
Altcoin Session Big Update... Waiting for Big Alts Relly..?#Bitcoin Dominance Update:-
$Bitcoin Dominance Trying to break Strong resistance.
Don’t try to make decisions in Panic zone.
Now..?
If Dominance Break above 41% and closed above resistance level that’s mean Altcoins = Bearish
So Now Wait and Watch market.
Support:- 40.20% / 37%
Resistance:- 41% / 42.30%
Altcoins Session is coming soon .?#BITCOIN Dominance update:-
#Dominance currently trading 39.77%
As per chart dominance already broke down the support level.
Still trading below support 40.30%
Guys below $40.30% we can see big Altcoins sessions.
But if Break 41% Resistance that’s mean Exit time from Altcoin.
First 37% support level then 35%
But Above 42.50% Strictly Exit from Altcoins because after 42.50% Altcoins blood bath.
In Simple Language:-
Below 40.40% = Altcoins Bullish
Above $40.40% = Altcoins Bearish
#BITCOIN DOMINANCE Breaking Down! ALT SEASON has already begun!Welcome to this quick update, everyone.
I know you've been waiting for this chart!
Bitcoin Dominance has broken down the important level of 40.
As per the pattern the index is likely to hit the 30% level.
It's also moving below all important EMAs. Showing signs of weakness.
Meanwhile traders will shift to Altcoins against BTC.
This could be a very good opportunity to make some profits in the next few weeks while BTC moves sideways (which means accumulation as per my last BTC chart).
Many Altcoins are already showing some strong moves.
So Here's my trading plan:-
1. Keep BTC mostly.
2. Trade more on Spot and low leverage Margins on ALT/BTC Pairs.
3. Trade less on Futures (Only at the support levels rather than between a range).
4. Make more BTC.
I'll be sharing 15 to 20 Altcoins this week.
Invalidation:- Only a weekly break and close above 40.88% will invalidate this Chart.
So far this scenario is unlikely.
Do hit the like button and share your views in the comment section. Follow me to know the next Altcoins I'll consider adding to my bags.
Thank you
#PEACE
BTC dominance first time at this level since April 2018Alts are not mooning, at least for now, BTC is at the same price range for several weeks. Something is cooking up here.
Not sure how to interpret this. For now just observing.
If dominance close under 39% I will probable make some moves (BTC to alts trades).
Maybe it is a fakeout, don't know yet, just pay attention to it.
Check my two previous analysis on BTC.D in comment section. Thanks!
Bitcoin Dominance (BTC.D) AnalysisBitcoin Dominance (BTC.D) Analysis
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BIAS
On daily time frame Bitcoin Dominance have formed out the Bearish flag where the price is currently at the Support trend-line and below the resistance level.
It no visible short term momentum for either the bulls of the bears means that we're probably in the calm before the storm, and this move will probably be bigger than anything we've seen in months.
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TheKing past to present Quick & Simple :
- in 2014-15-16, BTC was mostly alone and his supremacy was Total, you can see in the graph his Dominance was around 95%-100% of the Total Market.
- in 2017-18, when alts popped around the corner, BTC Dominance went down to 35%. Alts started to moon than BearMarket came around.
- in 2018 , you can notice that when BTC dominance grown more than 50%, we came back in a full Bearmarket, the top BTC Dominance reached 70%, then a New Cycle Started.
- in 2020-21-22, with this new BullMarket, it could be really possible with DEFI/SWAPS and lot of new projects that "TheKing Dom" will fall between 27%-25%.
. After that zone reached, we could consider that Bearmarket will come very fast.
- Follow closely Dominance and try to understand it, this is the way to understand in wich parts of the cycle you are.
- Check in comments my older analysis about Dominance to get the moves.
Happy Tr4Ding !