BTC dominance critical levelBTC DOMINANCE UPDATE
as always we react and trade according to chart
The whole altseason was expected and dominance now reached major support
On chart we can see bitcoin dominance is inside descending channel and face upper resistance line (42% level)
If rejected from the upper line of channel then we see a retest of 40-39% support again and a small rally in altcoins
If Dominance break the resistance line then we see a 44% and even higher levels and altcoins can drop hard in short term
Keep your stoplose tight !
Dominancetrends
Altcoins Session is Over or One more Last Altsession is ready..?#BTC Dominance Chart Update:-
Altcoins Sessions over or Not…?
Currently Dominance is trading at 41.45% Level.
What Chart say..?
As per chart if Dominance Break upward 42% level then Altcoins will be bearish in BTC Pairs.
But If Not break 42% level and Trading below 42% then This will cery good for Altcoins sessions.
40% Is strong support for Dominance chart.
If break down 40% level then we cam see next and Last support will be 35%
And This will be end of Altcoin sessions.
So be careful about this Scenarios.
Support:- 40% / 35%
Resistance:- 42% / 45% /50%
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Is the moment to invest in Ethereum now?According with the Ethereum Dominance, it's look strengthen and that put altcoins in bearish in front of Ethereum. For that, in the USD correlated, Ethereum it's xtremely optimistic and so bullish. For that, the Ethereum dominance it's a track that we get information about the dominance and how Etherum will take power o altcoins now!!!
Now, in based in this forecast ,we formed a bullish rising wedge and into this pattern a simetric triangle. But now, I believe that Ethereum will leading to a extremely bull market
This it's the weekly timeframe. and we look that Ethereum could to reach a dominance of 30% very soon.
Ethereum it's make a powerful trend that will shock you
I will check out the Ethereum ratios to know the situation against Cardano, XRP and Bitcoin too. It's very important to look this secret information that investor doesn't know, at least for amateurs.
XRP/BTC: Overview!!!XRP forming a big shoulder head shoulder in weekly timeframe and big news are incoming in the next weeks to months.
Don't missing XRP in your big radar. XRP will make a big explosion soon!!! As I'm more enfocous in Cardano. I will take XRP in my eyes in my radar.
I don't hold XRP, but one thing that I thinking it's bought XRP or just use part of my Cardano to build XRP portfolio now. For example: Change 2,000 ADA coins to get approximately 5,000 XRP coins. This could be a good plan chang 2,000 ADA. And also, I thinking to build a portolio of another altcoins like ICON, Enjin Coin adn much more others cryptocurrency in my radar.
These are my top cryptocurrencies in my radar:
1. XRP
2. Tezos
3. ICON
4. Enjin Coin
5. Polkadot
6. SushiSwap
7. MATIC
8. NEO
9. Synthetix
10. Chainlink
These are my top 10 altcoins to watch in my big radar and interesting good fundamental analysis that you must to know. In part that Bitcoin, Ethereum and Cardano are the top 3 best and hot cryptocurrencies. So, I thinking to choose some of these altcoins to accumulate now!!!
XRP Dominance could be bullish soon!!!XRP Dominance it's look with some signal that could to change the trend as it's touch the EMA 200 in 2 occasion and that could be the beginning of the bull rally.
I love this cryptocurrency and it's one of the top best cryptocurrency that I consider. So, As XRP Dominance it's look with bullish perspective. We can to have 2 options to hold XRP to long term or make a trading opportunity in based in this indicator.
In the monthly, XRP it's look any of bullish signal. But I don't thinking that XRP will overpass Cardano as Cardano it's more stronger than XRP. But yes, XRP it's bullish and more stronger of any cryptocurrencies like Tether or Binance Coin.
Now, I look this perspective that XRP could to reach the 4th largest cryptocurrency by coin market cap soon and being into the top best 5 cryptocurrencies. I'm bullish in XRP dominance, but we could to hope a little more if we thinking to change for XRP!!!
Cardano Dominance will reach 5% soonIn the Daily chart, Cardano Dominance continue climbing. That mean that you will need to know that Cardano price it's exploding. For that, I do not going to change, just I hold and continue accumulating Cardano coins.
In the monthly timeframe, I look that their dominance could to make a new higher, but Cardano have all chances to keep the place as the 3rd largest cryptocurrency by coin market cap. For that, if that support, Cardano could to becoming the best cryptocurrency during this year and 2022. And I have 2 targets that Cardano could to reach 10% in their dominance.
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#BTC Dominance Broke down, Alt Season? Part IIWelcome to this quick Sunday update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
Dominance broke down and followed our speculated move exactly as shown in my last chart!
I expect the dominance to break to the downside, Reasons:-
1. Ascending Wedge Formation.
2. Broke below the Triangle with perfect retest and continuation.
3. Broke and closed below 100D MA which basically shows us the sentiment of the market is shifting towards altcoins
4. I am expecting a bearish crossover of 50D MA and 100D MA in the next week which will eventually fuel the alt season!
Many indicators are also revealing signs of weakness in this index.
OFFICIALLY WE ARE IN AN ALTSEASON RIGHT NOW!
WHAT MATTERS IS IF WE CAN GET SOME SIDEWAYS ACTION FROM BTC THINGS WILL BE MUCH BETTER!!
What's your thought on this?
Do share your ideas and charts with the community in the comments section.
If you have any questions or requests do not hesitate to write them down in the comment section.
Do hit the like button if you think this analysis deserves a little appreciation!
Thank you
#PEACE
Big Alert in Chanlink Dominance!!! Soon this will happenI fount out that Chainlink it's showing us a bullish risign wedge in their dominance. Chainlink Dominane it's bullish, and I see that it's around of 0.61%. Chainlink could be the next altcoin to explode soon!!! And based the left chart, Chainlink could to go back to 2% of Dominance, that it's bullish, and looking the right chart, we see that Chainlink/Ethereum ratio it's bearish and I have these 3 possible targets that Chainlink could to reach down. This could be another plan that it's out of my plan A and B, but now I will put Chainlink in my under radar, because the next movement what Chainlink will do in this dominance could to influence bullish in their price and ratios in Bitcoin and Ethereum. And also, it's very possible that Chainlink go back into the top 10 best cryptocurrency. As Chainlink it's in the top #13 after of Bitcoin (top #1), Ethereum (top #2), Tether (top #3), Binance Coin (top #4), Cardano (top #5), XRP (top #6), Dogecoin (top #7), USD Coin (top #8), Polkadot (top #9), Uniswap (top #10), Binance USD (top #11) and Bitcoin Cash (top #12)
Now, I will going to be in alert of Chainlink news, Dominance and ratios and price to get this analytical data if Chainlink could to influence soon the bullish movement to be prepare to invest in this cryptocurrency.
Dominance and market analysis Bitcoin comes into perfectly large downtrend channel. I think $btc will go until 43k-46k and then, plunge. But when btc goes up, all alt will explode crazily. In case of the shit coin, it will shine brightly more than ever. But, That’s the end of Summer vibe of btc. I’ll grab Btc around 20k in september. In case of the eth, it will goes up 3200-3700 between that range. Sell at that moment. Downtrend already made it. Be careful and see you later guys.
BTC DOMINANCE IS RESISTANCEHey as you remember I did shared btc dominance chart and I just signal about to alt rally is coming soon.
here is the my analysis about to dominance
Right now btc dominance give us very bullish signal ! so what we expect right now. But I see Correlation is distorted on bitcoin for a long time.
If the dominance is in an upward trend, we can say that the rally is over on both bitcoin and altcoin sides, hopefully this will not happen. but we have to take this into consideration.
#btc.d #daily #bitcoindominance #btcdominanceHi guys..its the latest analyze chart of #btc.d in daily time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
BTC.DBitcoin investment has plummeted
The volume of bitcoin is one of the most influential factors in the digital currency market.
Now the trend of investment volume on bitcoin has broken the border of the greatest investment pressure and triangles and even the line of its previous trend.
Now we expect Altcoins to be affected by this and experience a growing trend.
#btc.d #weekly #bitcoindominance #btcdominanceHi guys..its the latest analyze chart of #BTCDOMINANCE in weekly time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Bitcoin Dominance Update, Put Stop loss in all tradesBitcoin Dominance Update
Bitcoin Dominance is bouncing from the long horizontal support line and also tests the psychological support of 50%. There are two possible scenarios now.
The first one is that Dominance bounced from here and test the 58% resistance area and if breaks above it we see a retest of 64% resistance area. In that case, alts will bleed in the BTC pair.
The second case is that Dominance breaks and closes below the 50% area. That will trigger the targets of 45% area and after that 40% area. This is bullish for alts and we see a good altseason in BTC pair. However, there is a low probability that Dominance goes to the 40% level sooner.
Alts market is going parabolic since January 2021 and we see huge gains in the alts market already. Check any altcoin chart and you see a parabolic move without any correction. We expecting a correction in the alt market before the next rally start. We will continue to find TA + FA gems that will give good returns in every situation. For now, open every new trade with a stop loss. Keep Earning
#BTC.D #dominance #4HHi guys..its the latest analyze chart of #BTC.D #Dominance in #4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
BTC Dominance projection based on the lengthening cycle theoryIn the perspective of a lengthening cycle theory, with the end of the cycle around end of 2022, we would have a much longer time to develop the alt season, with a double top cycle in BTC like in 2013, and the coming correction in BTC would coincide with a surge in BTC.D. If this perspective is confirmed, it will be better to go out of crypto and stay in FIAT the time that BTC finishes correcting.... To be followed closely
Blue line = halving
Green line = start of alt season
Red line end of altseason 2017 + end of 2021 if we follow the same time pattern as in 2017.
Cfr my long term analysis on BTC trend in the perspective of a lengthening cycle theory for more information :
#BTC.D #4H #dominance #bitcoindominanceHi guys..its the latest analyze chart of #BTC.D #dominance in #4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx