OTHERS.D rose from a solid 1% in 2016 to 12% in 2022, while ETH.D only rose from 8% to 19% and BTC.D declined from 96% to 41%. Therefore, we can clearly see the imminent growth potential of OTHERS.D vs ETH.D & BTC.D.
It is a possible long-term scenario for Altcoins. As we know, Crypto is made to enhance decentralization. Concerning the fact that when Bitcoin retraces, almost 99% of Altcoins follow it does not confirm its goals. Many of the Cryptos had completely different plans when Bitcoin started its winter. Unfortunately, some of them went bankrupt, some struggling, some...
As the crypto hype ramps up in the rest of the decade the market share of newer projects increases.
OTHERS MCAP is forming a large channel flag formation While it is in its current bear state a lot of small alt coins will suffer This bear state is accompanied by its partner bullish wedge Plotted price action is just assumptions being made
HEY crypto community, what's going on today ❓❕‼️😉 since Jul 21 ,that I posted last update for BITCOIN dominance , OTHERS dominance and TETHER dominance , as I expected ,these indices has been slightly continuing previous trends ! Also as I told you guys , while the dominance of both BTC and tether decreased But others.d increased and at same time we an...
HEY traders, what's going on today ❓❕‼️😉 since previous analysis that I posted for OTHERS dominance ,some interesting events have happened in the crypto market . 🔻📉BTC.D has declined ~ -10% ( from 49%-43%) 🔻📉USDT.D has declined ~ -30% ( from 9.5%-6.5%) 💹📈OTHERS.D has raised ~ +20% ( from 11%-13.5% ) while the dominance of both BTC and tether decreased ...
The Altcoins index (OTHERS) is coming out of low and getting ready to grow... Altcoins season? We see a 100% rise incoming within the next 6-8 weeks. This fact can push the altcoins 2-5x higher... We are talking about the Altcoins vs Bitcoin (ALTSBTC) and Altcoins vs Tether (ALTSUSDT) trading pairs. It will be a nice wave. Think back to March 2022. Namaste.
Similar situations in yellow circles The first yellow circle led to a MASSIVE increase in the altcoin market cap Will we see similar increases with the second yellow circle? which is comparatively in the same spot, above 3.618
Others.D is reaching a very strong resistance. Expect to return to the 11% zone for most likely lower.
A few days ago, I made another analyse saying BTC.D will go down to 40%; but, that was in case if BTC had intended to go up from 30K. Today, BTC is falling and we can clearly see that BTC.D. can rise until 50% or more. The green line is our long time resistance. The blue line is our mid term trendline. The pink line is our short term trendline.
Others.D had 11.30% - 12.00% as a resistance before. Then, it went through it for sometimes and now we expect this to be our final bottom and ready for skyrocketing soon.
I believe Others.D is doing a similar pattern either in low or high timeframes. As we can understand, it goes up soon
Historically the DSO & RSI combo is a great tool for spotting potential trend reversals. I find it to be most accurate on the $OTHERS.D chart when looking at the 1W. I find that: - When ever the RSI and DSO meet above 80 % the trend seems to turn to the downside. Set the limit at 70 % and you would get a lot more tops. - When ever the RSI and DSO meet below 20 %...
others dominance reached the TR lowest level and think its time for a long position in short term for valuable coins and tokens
Crypto twitter fudding to 20K and now moon time 100K. Crab mode? consilidation still going?
The Others index is completing the fifth wave of the Elliott five-wave uptrend, and it looks like Altcoins are set to see significant growth soon.
Using Fibonacci Circles the transition to a bullish state can be demonstrated as a change from 2.618 to the next outer fib circle 3.618 We can see a bottom and bounce off the uptrend channel and a continuation to a state that includes a bullflag (in green rectangle) This is a bullish sign, the middle line of the up channel is the nearest resistance
Great price action. Next month most greenish month in BTC history aswell seems very promising for an even greater breakout longterm to last ATH.