Altcoin Dominance, Others.DHello
Continuing to answer the question of where Altcoin capitalization will go by the end of 2020, I would like to use the H4 and D framework charts
Currently, After a capitalization growth from 1% in 2016 to a peak of 12%, Altcoin has gone through 3 phases of growth and decrease, as follows:
Running 3 corrected waves from 12% to 4.7% in December 2017, wave A, span 2, frame D4, uptrend of capitalization, correction span to Fibo area 68.4%, hard fibo mark of wave II and difficult to overcome. this
Continuing 2 beats of wave B (Wave B complex running Flat), with a beat from 4.7 to 12 then down to 4.7
Currently, the last 5 up waves in wave B are corrected from 4.7 to 12 again. The period at the time of writing is that wave 4 has just been calibrated, now at rhythm 1 wave 5 this cycle lasts from now to the end of 2020.
Predict the future:
Short-term
Altcoin will rise continuously to the fibo mark above the top of the last rally, hit the target and go down. Refer to the article on the Channel
Mid-term
The market in early 2021 will have a very fast and strong corrective wave to 4.7 again, expected in February - March 2021, then very quickly regain growth and skyrocket to 22% and even high. more.
Long-term
Altcoin is in the longest bull wave ever in terms of capitalization, the market becomes more active and interested in Altcoin more, the market cap may peak at 40-50% of total capitalization. market
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All transactions need to place Stop loss, this article reviews about the trend, and for which trading codes you need to consider each chart.
Sincerely thank you
Others
OTHERS.D - Macro FuelBiased of course, but a lot of bullish potential here. Possible inverted H+S, breaking trendlines and resistance, momentum, RSI not been oversold, volume rising. Possibly new bull started back last fall, if this gets a little more confirmation to be sure. Obvs this chart is an abstract mess and should be broken down into isolated parts, but this is a rough view of a few items to watch. Closest way to trade this is probably Sh*tperp , unless you know how to either trade or diversify small caps, which is NOT easy to do. Overall, think this is also bullish for BTC and majors in terms of TOTAL USD capital influx. More fuel. High Octane.
XAUUSD. Gold will rise to the level of resistance.Hi traders!
In the previous chart, our analysis gave a positive result!
The price has reached its target.
Now the price will resume its growth and reach the level of resistance.
Good luck to you!
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This idea does not provide the financial advice.
XAUUSD. The price of gold will rise!Hi subscribers!
The price of gold has recently changed its value,
however, now the price is on the rise and in the near future will grow!
The price will reach a key level at around 1,630,000.
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This idea does not provide the financial advice.
Altcoins About To Experience A Bullish ExplosionHere we have the Market Cap Others Dominance (OTHERS.D) chart which is almost ready for The Year of Change, 2020.
Right now we have EMA50 and EMA100 working as resistance, but when these levels are broken, we will see OTHERS.D gain great momentum while moving up.
If EMA50 cannot be conquered this week, we are likely to see EMA10 (6.35) and MA200 (6.29) tested and from there another attempt at breaking EMA50/100 for the strong bullish jump.
We are likely to see astonishing growth for the Altcoins Market within 1-3 months.
Thanks a lot for reading.
Namaste.
Altcoins Looking Very Bullish, According to This ChartThe OTHERS.D chart is showing massive bullishness for the altcoins. This setup can lead to a very strong jump or to a small retrace followed by more sustained growth.
Right now I am seeing that this trend will continue but this can easily change. We remain open to market changes and adapt as soon as they come.
Thanks a lot for reading...
Here, a few more charts:
Why Will Bitcoin Grow Now? Why The Bulls Will Win!
Polymath Ascending Triangle | Can Grow 100%+ In One Swing
Steem Starting To Roll | Easy 55%+ On The Next Impulse
Tezos Is Getting Stronger | Now Above EMA200 | Next Target!
Verge Looks Really Good | Strong Chart | 50%+ Easy
Aave Has Grown by 630%+ And Wants To Go Higher | Is It Possible?
GXChain Imminent Explosion Ahead | How Far Up Can It Go?
Namaste.
EBST has a good chance to make 4X and moreHi. I think soon we sill see a new up trend on EBST coin
I have a few arguments for you:
1) 9 red weekly bars
2) 9 red monthly bars
3) Strong convergence on weekly chart (price lower, MACD higher)
4) Price standing at the bottom
5) Indicators look like a inverted head and shoulders on daily chart
6) Price compression
So, I bought now without stop loss (hold)
P. S. This is not a call to action, this is only my vision of the situation. Good luck!