Ethereum dominance has a potential golden cross of its 50/200 day EMAs and MAs in progress as it tests the top of both along the neckline of a W pattern. The question is how high it'll actually go. For Ethereum to become really bullish again vs. BTC, BINANCE:ETHBTC needs to reclaim the 7.2 year uptrend it lost back in March:
Are we going to get a halvening before the Halvening. Ethereum priced in Bitcoin is giving us the headsup that things are not right in #crypto world After being so strong for so long we have broken down through our stop loss for a Bullish #HVF and now appear to be spilling towards legacy ratio's if #Ethereum does go on a tumble expect your #altcoins to...
Touched that 48% level that was predicted, in order to retest previous resistance. Personally hoping for a double top and BTC D consolidating between 54 48 levels until bullrun arrives. But I also see 54% and even 57% as a possible final level (black swan). Alt bags are ready for bullrun. Could definitely wait more for lower levels but many alts are at an...
Doesn't look fun for the alt-season. BTC D hovers above the indicator lines, ETH D has them as resistance over itself.
Since the beginning of May a large support which could be considered a bullflag on a higher timeframe has been forming This will likely hodl and break out to the upside I'm excited to see how much ETH will increase in relation to BTC dominance wise
I expect a good bull run to the previous summit after breaking that dynamic resistance. ----------------------
0.618 can be seen as a pivot point, prior rejection at this level, even though a bounce was seen at the 50MA Now price is at the 50MA and above this pivot point level, the dominance is likely going to bounce again (as seen previously) off the 50MA and push Ethereum's dominance higher. This aligns with my current stance on ETHUSD
BTC, crypto and global markets give a good bounce in the last 24 hours after Biden's conference last night, as well as no more negative news from the Russia/Ukraine crisis. Must watch the crisis very closes as any news will affect BTC price. FED interest rate is another factor that can create speculation in the market. On chart we can see BTC broke the downtrend...
- The chart is printing a bullish consolidation pattern (rectangle, triangle). - The Ethereum dominance should reach 27% in next weeks. - Be sure to hold some ethereum as we are still very early! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you...
AS we are seeing, very careful double top and reducing in momentum, can forward the index into the lower level which is showing in the chart by price ticket..... in 4 h scale downtrend is more obvious than the other prediction
We have few scenarios here, BTC is currently trading below its Support level as per Volume Profile, and same goes for ETH. BTC.D is also about to fall, indicating slight rise in either Dollar Index or OTHERS.D. If the charts are right, and everything is following its Fibonacci range, we at ChainAssets.Capital are expecting BTC to fall even more and see a new...
Broke horizontal resistance on the Weekly chart. Lost it again. Hit horizontal resistance now again. Ready to move lower. Let's target somewhere around 220$. Happy Trading!
Either now or on the pull back, one way or other.. Long. Caveat if BTC rips through major 10.5K resistance. Seems likely BTC either stays supressed or is just able to follow alts. Halving narrative over. Staking narrative has been taking over, and will probably continue.
Aside from BTC, looks like ETH is back as the benchmark for alts. Especially for "smart" chains. Daresay also for permissioned blockchains. Blockchains still infant. There is a lot of competition out there. Looking ]for those killer apps. Wild west. Show me the use cases !
UPDATE: 05/11/2019: #ETHDominance (#EthereumDominance) traject 2019/2020?
That's the signal I was waiting for forever! The falling wedge finally hit it's bottom, and I missed the proper entry because I was away :D Anyway, if this wedge completes, we have a lot of room to regain Dominance on Ether. Don't miss the train! Happy trading!