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Dominancetrends

Bitcoin domination - altcoins in danger?Many were waiting for the head and shoulders to be worked out - but this did not happen Altseason is canceled for now, as there is a possibility that dominance will go up. Be careful those who like to trade altcoins. Maybe I'm wrong - but I'm looking forward to a big drop in bitcoin, and better places to buy alcoins in the medium term. We'll see. We're broke the descending resistance and heading upwards. Bearish for altcoins. It is better to just stay away from altcoins and not enter anything this week. Target is 65.5-68%. This Channel is not financial advise, It's My opinion and My observation: @opptrade ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading. For all your actions, only you are responsible. 💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
CRYPTOCAP:BTC.D
by UnknownUnicorn13204076
1
BTC DOMINANCEBTC DOMINANCE Dominance start to bounce again from trend support (from 60% to 64% last week)and now 62.5% With BTC breaking 50k most likely dominance can rise more in short term to 67-70% level again then drop below trendline support and breakdown 60% level (Neckline of H&S pattern) toward 50-40% if that happens this can lead to massive altcoin season in med - long term So high probability altcoins can suffer in short term but med and long term strong bullish if that H&S pattern successed (most likely)
CRYPTOCAP:BTC.D
by Babenski
38
Altseason - 2nd parabolic move coming Just like my first chars stated we have arrived at the predicted cap for alt coins and the BTC dominance is dropping. What do I expect the next 6 weeks: (this is my thought, not advice) Alt coin market cap will reach 800+b IMO in a 6-week parabolic move. The dominance got rejected yesterday against the MA200 on the daily and i still stand by my previous prediction First total2 cap prediction: Weekly dominance chart: This is not financial advice, if you like my charts, click a thumb up
CRYPTOCAP:TOTAL2
by Dmoootje
1
Update BTC.D VS TOTAL2Update BTC.D VS TOTAL2 You can view my first charts at the bottom. I see a lot of BTC.D charts passing by here, but this is my opinion. First things first, what are the indicators telling me: TOTAL2: We saw a beautiful rise and resistance on the 1 fib extension, eventually broke it and even broke the 1.618 a few days later. Already tested back and this is now a good support zone. MACD here is high and momentum still growing BTC.D In the Bitcoin dominance you can see a nice break to the downside and i think this is not the end of a falling BTC.D trend Why: The SMA's on the daily chart show a lot of downwards pressure, the MA20 has crossed the MA's 50 and 100 to the downside. Also, these last 2 are turning to the downside. The last three days BTC.D went below the daily MA200 and this is a really important level. With the spike back up today as BTC rises to +40k we are touching (retesting) this level. All round conclusion (2 options): 1 - If the BTC.D does not break back up the MA200 today we get a important construction named the kiss of death and the momentum of the dominance drop will increase hard. Altcoins will go up hard and the TOTAL2 will meet the 2.618 fib extension at 514B $ or even overshoot it to the 3.618 at 618b $. 2 - If the BTC.D does break overhead MA resistance (MA200 and MA20) we could see an altcoin bloodbath and see a retrace of the TOTAL2 cap to 340b $ at the 1 fib extension level. This is not financial advice, just a way to spot early what will happen if you are invested in alts a lot. Thx for reading Here are the first charts: TOTAL2: BTC.D:
CRYPTOCAP:TOTAL2
by Dmoootje
2
Bitcoin Dominance 100% predicted by CryptoPatel& still More room#BITCOIN Dominance Chart Update :- #BTC dominance now 64.58% As I predicted It will fall so Finnaly target had been achieved. That All Crypto Influencers and channels Told you to exit from Altcoins but I single told you to enter. Hope you understand very well. I told you to enter in Altcoins when Dominance was 71% so now almost 6% dominance down. And all Altcoins almost 100% up. Hope you earned and learned with my TA. Still Waiting for big Altcoins Sessions. Support :- 65% ✅ Now Support because resistance. New Support :- 58% Resistance :- 65% Please Click LIKe button and Appreciate my hard work. Must follow me for latest crypto real time updates.
CRYPTOCAP:BTC.DShort
by CryptoPatel
12
BTC.Dominance - ALT SEASON IS COMING.ALT SEASON IS COMING. Many altcoins are looking to go grown. Bitcoin dominance shows that growth is possible. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
CRYPTOCAP:BTC.D
by Yuriy_Bishko
23
#DOMINANCE IS AT CRITICAL ZONE. Don't miss this!Hello guys. This is the most important Dominance chart that you need to. understand if you're invested in alts. Halving is just after few days and people are holding BTC max in their portfolio. Coming to this Chart Dominance is at the most critical Zone now, Break above this TRENDLINE would lead to 10 to 20% more dump in BTC and will eventually get rejected from the upper trendline Resistance. Dropping from that resistance which is around 68.10 we could see a mini Alts season i.e., a 100 to 300% Rise in Potential Alts which are trading currently at the bottom with strong fundamentals in the end of second quarter. Yes It's true read it again! Now if it follows S1 (Scenario 1) in which it fails to break above the current critical Red Dot resistance point where two line of Resistances coincide with each other we can see it dropping to the downside to 62 level. Caution for Alts: If dominance follows S2 and breaks through the resistance of the giant falling wedge channel. There will be massacre in the Alt MARKET. If you ask me my personal call would be a drop from here but still need to be vigilant. So we wait for few days to see how the resistance breaks to the upside or downside. I would personally hold maximum portion of my portfolio in BTC. #Thanks again for reading. If you like my ideas and the hard work I put into the charts please hit the LIKE BUTTON and Follow me for the latest Updates. Stay safe I wish good health to your families #Peace
CRYPTOCAP:BTC.DShort
by Cryptorphic
12