ETH DOMINANCE ETH Dominance is at weekly & daily support following the descending trendline.
If it breaks the trendline and sustain above it we might se a BULL RUN in ETH soon.
ETH.D trade ideas
ETH.D👉 Long#ETH.D
Due to the bullish conditions of this index, an uptrend can be considered for Ethereum
we are definitely open to the idea of a 14% or even lower ETH.dof this wave which has not cleared a high - we are looking at it's golden ratio. evidence suggests this level could be reached, but would not presumably decrease past 0.5 level.
The beginning of the end for $eth or will it rise?CRYPTOCAP:ETH is at an important juncture visible through this dominance chart. You can see its dominance has broken through to the downside at a weak spot in the ichimoku cloud. It is also currently below the 77 Vwma with a mere 18 hours to go until this candle closes. The significance of this is that there hasn't been a close below it since July of 2020, right before its run to all time highs. So is this going to cause more downward pressure after the close or is it now the time to buy in anticipation of another bull run. Seemingly as alts rise or fall based on CRYPTOCAP:ETH price in the past, I believe the direction of the market, other than bitcoin, will be determined by price action of ether in the coming weeks.
ETH.D 1W chart is Bullish!In this chart, we can see that the ETH started a good renounce from the previous week and the indicators look bullish and solid to move upward in the upcoming weeks
We have
1. ABCD Pattern
2. Rebounced from the bottom of the current channel
3. In the upper section of the blue flag
4. Important Dates to keep an eye on 4th Dec 2023 and 22 Jan 2024
5. All indicators on the 3d and 1 chart are bullish
All the best insha Allah!
ETH dominance broke down. Bad for Ethereum?ETH dominance is going the wrong way!
It is breaking the trendline that started in 2020.
Does this mean BTC will FAR outperform ETH in the coming months? With the BTC ETF, that could be the trigger.
My favorite situation would be that ALTS become stronger and take dominance from ETH. Likely?
ETH Dominance vs eth target Assuming only without any evidence but it is an alert that Eth.d is targeting 12% .
The question is what if ETH targets $135 ?!
Yes, for Ethereum fans, it is a stupid and illogical scenario, but it is an existing scenario. Please be careful in the long run
Ethereum Dominance AnalysisWithin this dynamic landscape, Ethereum Dominance takes center stage on the weekly timeframe, captivating our attention with its ongoing struggle to conquer the previous resistance. In a striking parallel to historical events that transpired in February 2020, this current breakthrough may serve as a harbinger of a momentous mega bullish trend for Ethereum.
BTC.D / ETH.DAs we can see in the lower chart, the Bitcoin Dominance (BTC.D) recently broke its resistance & is now testing the weekly 200EMA and is not far from reaching the 200MA which is right at the next resistance at roughly 52%!
We will need to wait & see if it will break and hold or reject the 200MA before we expect a retest back to the resistance at the 48% level which is now new support.
On the flip side, whilst the BTC.D has broken out, the ETH.D chart looks to be breaking the long-term green trend-line which has held since 2020. If a candle does close outside of this trend-line, we could expect to see a pullback to retest the 200EMA at roughly 17% which was also support for a period or the 200MA at 15% level which of course will mean BTC is continuing to lead the market.
However, if it closes within the green trend-line, then the likeliness is that the BTC.D rejected the 200MA and is heading back to retest the breakout area and the ETH.D will have its golden chance at too breaking its resistance at the 21% level.
ETH Dominance one to look at. 25% coming?As mentioned in the related idea:
BTC Dominance broke out and this is the main reason your alts are bleeding.
Buy alts when dominance is high and sell them when dominance is low.
BTC and ETH dominance both might be breaking out to test 52-57% and 22-25% respectively. Personally i dont think BTC dominance will rise much higher than 52% unlike ETH that might reach 25% considering the BTC/ETH pair chart is looking good and the hype around ETH and layer 2 solutions still unfolding.
ETH.dEther historically descended in the form of three waves, and then rose in the form of three waves again to re-test its historical peak, and this is followed by a strong decline again to re-test the bottom, but this is a three-day frame analysis, as it will take time until it is implemented.
DO YOU REMEMBER THAT I TOLD YOU TO BE CAREFUL FOR ETH.DI warned you to be careful for all alts. I told you dump is coming for all alts around %20 and it happened. Check my profile. Then I told u there is a coin I will share it with you. :) But not now. There is a coin which is going to make between 5x-7x on 40 days :) I will announce it. Very soon... Keep waiting. Movement is gonna start it is very very soon.
Ethereum Dominance Prepared to LaunchAfter almost 2 years of consolidation it looks like 20% may be breached soon and then 25-30% likely in the future this year
RED ALARM FOR ALL ALTS FOR 2 DAYSYou should be careful for all alts!!! There should be huge dump for all alts. LİKE 20%-25%. I have an idea which coin is gonna be number 1 after dump. But I will not announce it for now :) Just be careful for all alts!! The reaason of I am announcing the graphic of ETH.D is money should go to bitcoin therefore I am explaining it on that graph. The money that is gonna be out from eth is not gonna go to alts. It is gonna go to BTC. If dump becomes I will announce who is number 1 :)
Flipping closer than everBTC D. on its last breath. We didn't see a bounce in BTC D. like the cycle before, ether showing unusual strength in the bear market, while this should be the time that EtH D. should decline. What's gonna happen when the next real bull run starts? Ether will outperform Bitcoin even more! a flipping is nearby, im gonna bet it all on ether, only for this cycle tho. In the long run I still believe more in Bitcoin, but Ether's gonna blow up first. period.
ETH dominance remains strong during btc bounceIts interesting to observe that the eth dominance has been stable around 20% for so long and now going up together with the btc dominance.
The lows on the weekly chart are showing an attempt of a parabolic advance. I think a major move is imminent for eth and it's likely to the upside.
The eth and btc dominance going up together could mean that this is no a rotation from altcoins into btc but more likely sideline money reentering the crypto market and mainly going into btc and eth.
Only the Truly Decentralized and Trustless Chains Will SurviveCrypto is in a situation right now where it's purging all of the toxic assets in the sector and when looking at the domiance and total charts it all points towards many of the alt coins eventually going to 0 and giving up all of their dominance to a handfull of truly Decentralized and Trustless Chains. Assets like XMR, LTC, and BTC feel like safe picks but Centralized Chains with constant scams such as Ethereum and BSC will all likely soon collapse.
What we can see on the charts is that LTC Dominance Remains at the PCZ of a Bullish Deep Gartley and is Targeting atleast 4% Market Dominance and BTC is at the PCZ of a Bullish Shark and may also be Double Bottoming which could take it towards 70% or even over 90% Dominance.
Meanwhile Ethereum is in a Pattern where it will likely lose more than 70% of it's Marketcap Dominance upon Breaking Down and this would likely take most of the quote-unquote so-called DeFi projects down with it.
Two dominance.Doesn't look fun for the alt-season.
BTC D hovers above the indicator lines,
ETH D has them as resistance over itself.
Obvious Inverse Head And Shoulders - Ethereum Market DominanceThere is an obvious inverse H&S on Ethereum market dominance. If this neckline breaks to the upside it would signal Ethereum is going to outperform the vast majority of Altcoins and maybe even BTC in the coming months.
ARE YOUY READY TO BIG CRASH?There will be a big collapse until about %11. EVERYTHING'S CLEAR AND CLEAR.
Could ETH establish 30% market share?A nice parabola which looks to be giving support to ETH dominance.
Resistance is the dotted line, so if we have a bullish start to 23, then this resistance is key.
Trade fails if parabola is broken.
ETH.DDisclaimer
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Altcoin Market About Dump Hard👉 Rising Wedge About To Breakdown Which Will Make a More Pressure To ETH In a Down Side ,In This Situation Altcoins Will Dump Too
