OTHERS.D trade ideas
The SufferingAltcoins being suffering a lot...
With dominance could to have massive drop...
Here we go. Be careful.
Market Cap Others Dominance (Bullish scenario)On this time frame Others.D retraced to an important support level.
This forecast is a "long-term" prediction, ALTs accumulation period
If this chart starts to reverse this month, according to "plan"
We can anticipate the beginning of the big-alts-bull-market >FEB 2024
Altcoins will plunge hard?Here' s the altcoins excluding eth, market cap. It looks very bearish.
Not financial advice.
What Other.D is up to?OTHER.D reached the weekly FVG which was mentioned before..if Weekly FVG acted as support then upside targets are mentioned in previous analysis but if rejection took place then Altcoins will bleed from here
Altcoin Dominance might pump massivelyAltcoin dominance reaches the target of a monthly head and shoulders, bounces off a years trendline, and breaks out of a falling wedge.
Might be a massive pump.
Amateur opinion and not financial advice
Altcoin season coming?Other.D
For now we have FVG at 11.18% and if weekly candles closes above 11.30% then next target will be 12.26% which means Altcoins will have a huge pump.
*10.38% level should act as support to make this analysis valid.
OTHERS dominance has broke out! Good news for ALTS!This makes me very happy!
It's a good sign for alts vs Bitcoin!
They might start outperforming BTC finally!
Correction to at least 11-12%RSI and MACD have been diverging from price. Expecting a correction to at least ~11%
Analysis of the general status of the OTHERS.D✅ Dominance of other altcoins is suffering in an important range and is located exactly below its medium-term downward trend line and 10% resistance.
Breaking the downward trend line and 10% resistance will lead to growth up to the levels of 11.6 and 12.3, which will lead to significant growth of altcoins.
The upcoming support of Dominance Altcoins is 9.55 and 9.2.
Time To Buy Your Favorite AltcoinsThis might be the most important TA I did for this year.
I firmly believe that altcoins have been consistently undervalued in comparison to BINANCE:BTCUSDT and $BINANCE:ETHUSDT. As evidenced by the recent data from early June, altcoin dominance plummeted to ~8%, finding support at the bottom of a falling wedge pattern. At that time, I identified it as an excellent opportunity for accumulating altcoins, a phase which I believe we are currently concluding.
Looking ahead to the next two weeks, I am optimistic about witnessing a breakout from the wedge pattern, initiating a new upward trend for altcoins. It's worth noting that the apex of this wedge occurred approximately 550 days ago, back in January 2022. With the assumption that Bitcoin has already reached its bottom and a new cycle has commenced, we still have considerable time until a new all-time high is established, which I anticipate to be roughly two years, leading from 30k to 60k.
At the same time, altcoins have yet to make significant gains. Achieving a 2x increase for a normal altcoin is not an extraordinary feat at this stage. What adds further intrigue is when we consider the previous cycle's duration (~1460 days, the length of a typical 4-year cycle). About 1400 days ago, during the summer of 2019, altcoin dominance began to rise. Just like then, Bitcoin took the lead as the first mover. And if history repeats itself, we will get the second and best entry point into altcoins when Bitcoin tries to update the price high near 69k, akin to what we observed in December 2020. Meanwhile, in between these periods, engaging in speculative activities with altcoins seems wise to accumulate additional sats before Bitcoin embarks on its wild post-halving rally.
Personally, I find achieving a 2x increase in sats to be a reasonable and achievable goal, but I remain open to surpassing that outcome if possible. Even if Bitcoin experiences a temporary dip, potentially dropping to 25k or lower (20k hehe), altcoins are likely to hold their value, and some may even outperform Bitcoin.
I must acknowledge the inherent uncertainty in timing, as each market cycle possesses its unique characteristics. Nevertheless, purchasing altcoins in the summer of 2023 remains an excellent strategy for long-term investors. My bags are nearly full, and I am happy with my execution. In the event that Bitcoin does dip to 25k or below, I am prepared with free funds to take advantage of buying opportunities. I wish you good luck and profitable results in your endeavors.
Alt Dominance with Stablecoins Dom RemovedHere's a look at CRYPTOCAP:OTHERS.D or Altcoin Dominance vs. itself, but without CRYPTOCAP:USDT.D and CRYPTOCAP:USDC.D
When removing the calculation of stablecoins dominance from the picture, the pattern looks less like a downtrend and more like a potential bottom that may soon reverse.
Most are not expecting this with the present rise of CRYPTOCAP:BTC.D , but this could occur should a metric ton of cash move out of stables and into Bitcoin and Alts.
Just a thought, please let me know what you think or how you might see things differently, and thank you for taking a moment to read through my own!
Note - the picture may look even more accurate if there was a way to track BUSD Dominance in relation to OTHERS.D
Just another,
-dudebruh
Altcoin Dominance Bouncing Altcoin Dominance Bouncing of a perfect touch on the 718 fib.
Still a lot of time to load up on Alts. BTC dominance High, BUY ALTS
OTHERS DOMINANCE IDEA Hello TradingView Family / Fellow Traders. This is Tony, also known as Cryptony
others dominance = altscoins dominance
start buying alts their time are coming
ETH , LINK , QNT , MATIC .
Altcoins Slowly Gain DominanceThis monthly dominance chart shows that we're at a historical support line that has held since the inception of alts beginning to take over the market back in 2014. This shows a clear sign the market is beginning to develop an appetite for risk moving into the end of the year, and will likely dramatically increase in 2024.
I don't belive this will happen overnight, but it would seem now is a good time to start accumulating Alts for the 2024 run. Bitcoin domiannce has run very hard over the last few months, i expect this will slow down as we get closer to 2024 and traders start to roll their profits into more risky assets to increase their overall returns.
Others Dominance 1w ''Lets Go'' Others Dominance 1w
Exclude top10 coin in the market.
Now Btc dom. is %50. In my opinion its on the top and it will downfall
Others dom will be in a up-trend ↗↗↗
Also you should check major altcoin's dominances and alt/btc
ALTCOINS An immense alt season is starting.The altcoin market cap dominance with its designated OTHERS.D ticker is rebounding after reaching the bottom of the Channel Up pattern that began on the December 2015 market bottom. A Falling Wedge was the pattern that drove it to the Channel's bottom as it did in August 2019. Following the rise at that time, a 1W Death Cross was formed over the Falling Wedge and that confirmed the uptrend with the 1W MA50 becoming the Support.
A new 1W Death Cross is only 2 weeks away from forming and that is an indication of a massive upcoming surge on alt coins, the infamous alt season. Technically there is no better buy entry than now. The next Halving will be on April 2024, less than a year away and the previous bottom was 280 days before the last Halving.
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Alt Season Incoming There is more than 3 parameters that we're getting into the Alt Season. But we only need 3
OTHERS.D as you see made a positive divergence exactly on 0.618 level of long-term fibo and, Touched the up trend-line for first time and showed pump reaction .The only thing we need is to break the down trend-line .
ETH.D had made a rising wedge and its going to dump or getting into trading range .
BTC.D raised for a couple weeks and its getting to the 0.5 level of retracement fibo and it has potential to make negative divergence .
Altcoin dominance. Chart bullish cyclesUpdated altcoin.dominance chart.
Exponetial uptrend for altcoins!
This chart is indicating by July, we should see a alt season of Somesort based off previous performance. this is going off monthly candle's but i would expect some kind of recovery before then, as it seems we have reached a potential bottoming point!
exciting times for altcoins, a long awaited relief is needed especially with the SEC's latest interventions.
altcoin dominansaltta 0.70 .080 aralığı önemli alım yeri olarak karşımıza çıkacaktır haftalık görünümde herzaman bir trend desteğinde boğa başlamış bakalım yine olacakmı
Others.d can strengthen altcoinsIts descending channel has been broken and it will soon go to higher levels, which means we will see altcoins gaining strength in the market.
