Where the whole crypto will really take offI am anticipating bitcoin to break new highs with a declining dominance so alts start taking off and beating bitcoin in dominance. BTC Dominance may drop up to around 20%. Thats where the real pick might take place. I ll tell you later where my target for 2022 pick is.
Btc-dominance
Will BTCUSDT reach the range of 200,000 ???Hello friends
BTCUSDT analysis in weekly timeframe:
BTCUSDT is in a long-term uptrend, and according to the resistance chart has broken its RSI indicator. The new date will be in the range of 190,000 to 200,000. The $ 50,000 range is the best BTCUSDT support area for the long term.
Also use the RSI divergence strategy in daily and 4-hour timeframes to analyze BTCUSDT.
If you have any questions, I am at your service .
Thankful
As we said, Altcoins are recovering and then growingTo the past analysis i told you BTC .D are making head and shoulders and go down and this happen is good for Altcoins , Now Altcoins are recovering and then grow up and we see good pump in the Altcoins .
To the new chart of TOTAL2 you can see this ascending pattern too (Conversely head and shoulders means pump ) .
Really in the past of BTC .D analysis i told about head and shoulders pattern in TOTAL2 and going up ,So you can see !!
Have a good time :)
Daily BTC Dominance UpdateBTC continues to lose dominance over the altcoins. This is mostly driven by the layer 1 projects currently having a bit of a party on their own. This is likely to change rapidly if BTC loses it's current support and falls to the next level of demand. The booze will have run out and the party will be over for the layer 1s ... anyone still holding will likely wake up with a bit of a hangover.
BTC Dominance Updated Idea: This Might Work OutRight now we are seeing a new ATH in Bitcoin. BTC might have some fuel left in its engines before a healthy retest of breakout. This would mean our chart makes the anticipated lower high and soon alts can see some relief and more increase in interest once a support has been safely hit for BTC. Stay updated in group for more. Thanks
BTC.D❗❗Bloody tears of altcoins possible!❗Bitcoin dominance is approaching serious resistance in the 48% -49% region. We can see a test of this resistance and then a slight downward movement. Let's see how dominance reacts after testing the resistance area. If bitcoin dominance exceeds 50%, we will see massive altcoin carnage.
Have a nice trade!
Your Solldy.
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!
Luna testing 0.5 Fib. Would wait for BTC to make a move!The double Top forming on Luna was a pretty good sign for it to drop.
I closed my longs at @45 and waiting patiently for a new entry.
As you can see I love trading with Fib levels and Luna is going to test the 0.5 Fib (golden pocket) OR the 0.38 Fib if BTC shows new signals.
Those 2 points are marked for further decision making.
If that holds and we get a nice volume, this would be my entry.
Long bullish on Luna.
Would wait for BTC to make a move AND starting losing dominance after that.
Sometimes not trading might be the best trade.
Good luck!
❤🧡💛💚💙💜🤎🖤
WHY 100% bull market? Let me show you EGLD, BTC.D & more (PT.2)In this first video, I'm going to show you why we are 100% in a bull market and why we could go for a multi-year bull market with multiple bearish months in the middle.
It's easy:
- look at the overall structure of the dollar index chart
- look at the monthly indicators
A weaker dollar = a stronger crypto right?
Well, what if...
📈BTC SHORT OR LONG, USDT DOMINANACE!!!Hi guys
Given that the market is currently in a very ambiguous situation, it is good to take a look at the USDT dominance chart.
Given the rising USDT dominance, it indicates that traders are withdrawing their capital from crypto, and this will lead to further declines in bitcoin and cryptocurrency.
But since the crypto transfers that took place in these few days, and I will give a few examples below this post, it shows that some whales think that the price has stabilized on these points and is likely to grow. They give the crypto market, which in my opinion if the USDT dominance breaks the support of 3.58, our next support is at 3.48 and we will see good growth in crypto during this period.
🔴Some important whale transfers:
🚨2,500 #BTC (103,259,821 USD) transferred from #Coinbase to unknown wallet
Details
🚨 1,000 #BTC (42,234,102 USD) transferred from #Coinbase to unknown wallet
BTC DOMINANCE is bouncing, Bad news for Altcoins!Hi there,
Bitcoin Dominance is bouncing and this is not good for Altcoins at all.
BTC.D was moving in a downtrend channel for about 50 days and I expect to see a breakout of that.
What will happen?
In the best case when BTC.D is going up if Bitcoin goes up too, Altcoins will fall with a low slope.
In the worst case when BTC.D is going up if Bitcoin goes down, Altcoins will fall rapidly.
So In my idea this is a bad time to be with Altcoins, Also Altcoins growth a lot in the past 50 days and these prices are not proper to buy for next leg up.
Be carful with your trading and investing.
Your Likes and comments are the best Thank you.
🔥 Bitcoin Dominance Rising: The King Is Back?This week, Bitcoin Dominance (the percentage of total market cap in BTC) saw a sharp bounce from the same area which indicated the 2021 top last May, around 40%.
40% is a key area because this is the same area where Dominance bottomed during the 2018 bull-run top.
Since my long-term outlook is still bullish on crypto, I think that Dominance rising from this area might be a good thing. The same thing happened in September 2020 where Bitcoin saw several months of huge gains, followed up by crazy altcoin gains during the fall of Dominance in Q1'21.
On the other hand, Dominance rising is also an indication of investors becoming more risk averse and searching the safe haven of Bitcoin, see the 2018-2029 bear market.
In case Dominance will continue rising, you can expect overall less returns on alts, no matter which direction the market goes.
Happy trading!