USDT dominance: possible upcoming shortAs y'all know, in general short signal for USDT.d means uptrend of BTC and then, growth of major altcoins.
Time analysis: tomorrow and the day after are time pivots for USDT.d. We have not seen such a compact cluster since Dec 29. Look out for possible trend reversal... as a short-term correction since Jan 9th has formed, we might be approaching another big shake out in one to two days!
Price Analysis: I strongly believe that 3.95 - 4% is a very good resistance. It might be our last barricade against BTC sellers. Weekly timeframe shows price reaction to fibo channel and mid-term down-trend. As per Cypher harmonic pattern, 2.8% might be the next low, if no major high is seen beforehand.
Dominanceupdate
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
USDT DOMINANCE broke out the channel and retested it let see how the 4-hour candle closes if it closes in red or downside the trendline then the market will bullish.
If it breaks the resistance level then the chart will be invalid.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
TheKing is TheKingQuick Update :
- Don't be Scary about your alts, as you noticed yesterday while BTC was pushing, Alts did an inversed movements, it just was caused by TheKing Dominance growing.
- Many times in history when BTC was pushing too fast and too strong, Alts were oppressed by the power of peoples buying BTC.
--------------------------------------------------------------------------------------
- So the Normal ways are :
- BTC up = Dominance Down
- BTC Down = Dominance Up
- BTC Push Hard = Dominance Up
- BTC Reach a Limit Price = Dominance Down ( Peoples convert BTC to Altcoins )
--------------------------------------------------------------------------------------
- Matter of time before Dominance Retrace to 35% ish and Altcoins starts to be bullish.
- Dominance is very important so you always have to keep an eye on it !
Happy Tr4ding !
Light at end of Tunnel- So after this new Chinese FUD about EVERGRAND, you should take your habits after countless "Chinese FUDS" :D
- This a Quick update without "Price Talk", but about the most important indicator in this BullRun, " The King Dominance ".
- So i explained a in an older analyze what happens when BTCDOM up and What happens when BTCDOM Down. so check it again here :
- So the Normal ways are :
- BTC up = Dominance Down
- BTC Down = Dominance Up
- BTC Push Hard = Dominance Up
- BTC Reach a Limit Price = Dominance Down ( Peoples convert BTC to Altcoins )
- i will post in comments my older analysis about BTCDOM.
So right now what happened with this Dip? Before this dip BTC dominance was around 42%, after this 10k+ Dip, BTC dominance is 41%.
What does it mean ?
- BTC Price went down and BTC dominance went down also.
- it could means that Altcoins bag holders didn't turn their bag to BTC.
- it could also leads in a few time to a big altcoins bullrun (Witch not happened yet) when TheKing will start to grow again.
- As Always be confident, HODL, rebuy Lower, eat noodles! This is not the end but the starts.
Happy Tr4Ding !
USDT.D Trends (Uptrend)-USDT.D uptrend to the midline channel & Resistance line.
-Probability of falling due to the resistance area in the RSI indicator.
Therefore the market is more likely to fall in the short term.
+Disclaimer
This is not financial advice.
The content of this analysis is subject to change at any time without notice.
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
USDT DOMININCE broke out the channel and retested it let see how 4 hour candle close if it close in red or down side the trendline then market will bullish.
If its breaks the resistance level then the chart will be invalid.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
DOMININCE reject from the resistance level and now support level is 2.83.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
USDT DOMININCE is in a very critical situation
if DOMININCE will broke the $ 3.07 resistance level and close upside the level then market will be bearish but as we can see in the chart RSI is making lower lo so there is a chance that DOMININCE will reject from the resistance level.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
USDT DOMININCE is making bearish expanding triangle and broke out the support level and currently retesting it .
Let see how 4 hour candle close.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
As I say in previous chart we are going into a bull market if USDT DOMININCE will break the 21 ma support and retest it . as we now it is done and now it is retesting the first support level.
Let see how 4 hour candle close.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
As I say in previous chart USDT DOMININCE will reject from upper resistance level now there are 3 support level that we can see in chart.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
USDT.D will rejecting from upper resistance level In this moment we can trade in altcoins but there are to support level that we can see in chart.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
EW count on BTC DOMINANCE shorttermYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
BTC Dominance appears to found support in 40 zoneMade this graph on July where the blue vertical line is marked, as you can see dominance appear to found support, and we had a small Alt Season Recently.
BTC currently trading in 52500.
Alts are going crazy right now.
At this point a BTC rise with the dominance is logical, if this happens we may have alts bleeding.
Be Carefurl on your alts trading.
Regards.
Eng. Alexa.
#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
#BTC.D #4H #dominance #bitcoindominanceHi guys..its the latest analyze chart of btc.d 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.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.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
3 White soldiers in inverted H&S pattern formationHello everyone,
This is updated review for chart you can see below
The inverted Head and shoulders ( just painted out as I was previously expecting.
But what is good on it is actuall support by three white soldiers candlestick pattern on that Monthly chart whhich is forming
We are far away from monthly closing but if it is about to close like it is or higher then ...
What does it mean ?
1)What Is a Head And Shoulders Pattern?
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
2)What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
3)What Do Three White Soldiers Mean?
Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high. These candlesticks should not have very long shadows and ideally open within the real body of the preceding candle in the pattern.
4) What Do Three White Soldiers Tell You?
The three white soldiers candlestick pattern suggests a strong change in market sentiment in terms of the stock, commodity or pair making up the price action on the chart. When a candle is closing with small or no shadows, it suggests that the bulls have managed to keep the price at the top of the range for the session. Basically, the bulls take over the rally all session and close near the high of the day for three consecutive sessions. In addition, the pattern may be preceded by other candlestick patterns suggestive of a reversal, such as a doji.
Bitcoins dominance is on the other side very likely to drop lower as it paints exactly the opposite pattern the bearish one Head and Shoulders
5) The Difference Between An Inverse Head and Shoulders and a Head and Shoulders
The opposite of an inverse head and shoulders chart is the standard head and shoulders, used to predict reversals in up-trends. This pattern is identified when the price action of a security meets the following characteristics: the price rises to a peak and then falls; the price rises above the former peak and then falls again; finally, the price rises again but not as far as the second peak. Once the final peak is made, the price heads downward, toward the resistance found near the bottom of the previous peaks.
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis