The day not yet over but, the BTC .D is printing a very strong bearish candle today... Bitcoin Dominance is about to go lower. What does this mean? When BTC .D goes low, Altcoins go high! What it means is that Bitcoin is likely to start retracing while the altcoins market starts to grow. This is great news, as Bitcoin has been hugging all the energy, all the...
The day not yet over but, the BTC.D is printing a very strong bearish candle today... Bitcoin Dominance is about to go lower. What does this mean? When BTC.D goes low, Altcoins go high! What it means is that Bitcoin is likely to start retracing while the altcoins market starts to grow. This is great news, as Bitcoin has been hugging all the energy, all the...
There seem to be two scenarios possible within the ascending channel for altcoins marketcap. One scenario (the easy way) suggests an immediate movement towards the top of the ascending channel. The other scenario (the hard way) suggests that more blood will be spilt across the board of altcoins until the bottom of the ascending channel is touched, after which...
Hi, today we are going to talk about Altcoins and its current landscape. We had a strong impact on the price after he was squeezed by the Downtrend and Uptrend Lines. However, the Bears won this journey, making an expressive Breakout of the Uptrend Line with massive volume, creating then a toxic environment for the Altcoins, pushing away the dream of the...
After BTC's recent slip to $58k we have seen altcoins massively hold support in comparison. Across the board we have seen altcoins create double bottoms and bullish divergences (will be posting more charts on this later. Right now, We are seeing a breakout on "OTHERS". Crypto market cap excluding top 10. It recently broke out of a falling wedge, retested it, and...
Good day Traders-investors, Today im looking at the others chart. This only altcoins lower than top ten and it excludes stable coins. I have provided three different time lines, The one week (Top left) the one month (top right) and the 2 week on the bottom. All of them are looking very bullish and are building to fairly substantial move over the next two...
The trick with altcoins is trying to buy as low as possible and sell high without being greedy. You can either do this by getting in early, or wait for the price to return to accumulation levels. The only problem with this - is that the market is still bullish . In other words, you may have to wait months for your ideal buying price. Why not check out these...
After 294 Days of freefalling to a crash landing and 378 Days of sideways PA .... The ALTCoins may still be looking for a bottom. Failure to find acceptance into and to break out of Range 3 could potentially lead to a move down to Range 2, with a downward target between the .382/POC Levels (-33% from current PA) and the .618/.66/VAL (-59% from current...
The Bitcoin Dominance Was always a good indicator for the ratio between BTC market Cap and the Altcoins In market cap dominance ,per se. This Sell Indicator on this time frame may be bullish for altcoins to recover some strength in relation to bitcoin That means a short rally may occur for the majority of ALTs that are bellow support levels vs BTC This...
Altcoins currently taking a hit relative to BTC. Ethereum almost at its previous cycle's ATH around 1400, nearly testing it before Bitcoin has come this close to its 20k previous ATH. As usual altcoins take the brunt of the beating, and we clearly see that with ETH vs BTC here. This is a good indication alts have more bleeding to go, at this point it isn't a...
Most of the altcoins are on all time lows, the huge volume is going into those coins and I think, they are forming bottoms right now. We have very solid divergence on daily RSI on BTC Dominance -> this chart should find top and retest nice support at 1350 (at least). IMHO very good opportunity to buy altcoins at the moment, though this could be just mid-term...
#Altcoins Update ( #Bitcoin Dominance Chart ) #Dominance Still Above Support Level so #Alts still Not Bullish. If #BTC Dominance Hold 46% Support then #altcoins will be Bearish Below 46% we can see small #ALTSEASON As Per chart Dominance Next move toward 48%
This is another renko charts. This time it's btc.d (dominance of btc) with 0.5% block size on the 1d. We can observe something similar to a falling wedge pattern with clear bullish divergence on RSI. Since start of 2022 we saw a decent correction in btc pairs but still a lot altcoins looks alive. ETH/BTC pair for exemlpe. For now the dominance is slowly rising...
Altcoin next stop is 400B. Then 200B. We may get back to COVID low like Netflix did. From the COVID low 20B dollar for Altcoin, It has done 80x to reach ATH of 1.7Trillion dollars for nothing, no real usages, some Jpeg, Metaverse hype, P2E hype, Web3.0, Dao, Memes,... A lot of shits in the Altcoin market. Now we will pay the price for FOMO in the market after it...
This is the index of the market cap of all altcoins (ETH included). With BTC going down it appears clear that altcoins will suffer and possibly breakdown this ascending channel. Going below the 1T dollars market cap means many alts will be rekt and won't survive as most of the alts dumped already in the past months and are close to the point of no return. BE...
Based on Weekly timeframe double bottom. History repeats itself. BTC Dominance is pumping which indicates that altcoins will get crushed. When the BTC Dominance is pumping it makes alts dump. When BTC Dominance dumps altcoins szn happens and than you make huge gains.
BTC Dominance is one of the major signs of ALT Season return or arrival. The lower the Score on the BTC.D card, the better for rally of Altcoins . On the other hand the higher the Score , the bad for altcoins . Technically, we are in a descending channel , setting up nicely along with it. See where I marked Flat Top sent it downwards previously, which...
altcoins will increase if bitcoin doesn't break 32200 and after 6 jul because btc.d can decrease altcoins will fly SL:if btc.d breaks the blue line this analysis will fail π₯π¨π