Bitcoin Dominance DropCRYPTOCAP:BTC.D
Bitcoin Dominance has just completed a bearish gartley.
Expecting dominance to start dropping over the next couple of weeks and to start seeing some bullish moves from alt coins very soon.
Dominancebtc
#BTC DOMINANCE ALT Season incoming? Don't miss this!Hello guys, welcome to this update.
This chart is very simple to understand.
Please HIT THAT LIKE BUTTON for the simplicity of this chart!
In the chart we can see Dominance got rejected from the Resistance trendline of the expanding channel.
If it follows the speculated direction, It is highly likely that we can see a 15%+ Decrease in Dominance.
You know what it means? Alts will be pumping crazily!! The alts with strong fundamentals in the coming 2 months will provide as high as 100 to 300% + profits. I will update the charts of those altcoins one by one. Follow me for those updates.
We need to watch the red zone+70 level, which is a strong resistance. Unless Dominance breaks above this major resistance I think holding alts will be Very Profitable. Besides most of the alts are showing Bullish signals in Daily Time frames.
For more such updates follow me and share this idea with your friends.
Your views are welcomed in the comment section.
#PEACE
Altcoins performed better after the last Halving than BTC/USDDuring the next days after the last halving the Alts market cap more than doubled and BItcoin's dominance dropped quite a bit. It will be interesting to see what happens this year though it seems that the interaction has changed with altcoins and Bitcoin been more correlated perhaps due to the larger FIAT pools with stable coins. In 2016 most altcoins had to be adquired via Bitcoin (ETH/BTC, XRP/BTC, LTC/BTC, etc) and this year this is not the case anymore since there are many altcoins paired with stablecoins.
BITCOIN Dominance Chart And I expect Altcoins Pumping SoonBITCOIN Dominance Chart:
Now Bitcoin Dominance is 69%.
Last post on Trading view I told you when BTC dominance crossed 67% then you can exit from altcoins.
Who followed me now saved huge Fund.
who not followed now holding Altcoins in loss.
so
What Next: Now BTC Dominance Struggle at Resistance level of 68%-69%.
so if this Resistance breakout upward then Altcoins blood bath coming soon.
so guy Very important level is 69% ( Tradingview Dominance ).
if This Resistance Rejected then 65% is very Strong support for hold at this level.
but keep an eye if 65% dominance also breakdown then Altcoins will pump very hard.
soon keep an eye on two level:
69% Resistance and 65% Support level .
What can we do now..?
Now I will accumulate Good potential coins.
And waiting for more dip.
I will buy more every dip.
but but guys
If BTC Dominance level is Breakout upward 69% Resistance Level then I will Exit from all Altcoins.
and wait for next Confirmations.
because 69% breakout then Altcoins Bloodbath coming soon.
So dont trade Blindly and Like Gambling.
Trade after good Confirmations.
Resistance Level: Now BTC Dominance at 69% so this is very Good Resistance Level of 85 Day Moving Average.
and if breakout this Then Very long term Resistance trend line Resistance is 69%.
so both is very important level.
now I take risk and buying altcoins.
if breakout upward I can expect minor loss but if breakdown then I will book huge profit.
Support: Now 65% is very good support in 3 day or as well as 1 Day chart.
But if this breakdown then you can enjoy with your altcoins holding.
so next Support is 55%.
Support: 65% / 60% / 55%
Resistance: 68% / 69%
Guys Please Click The #LIKE button and Appreciate me for my Hard work.
Hearty Thank you so much for your Love like a Family.
So guys Dont Forget to Click Like Button.
BTC.D - Dominance dropping after the halveningHistorically, after the halving, we saw an important drop of $BTC.D. We might have a similar scenario this time as well.
TD9 sell on the daily looking sharp. Is it time to buy alts?
Timing is everything. Will update on a weekly basis.
Bitcoin Dominance Chart Altcoin Pumping Time or More REKT ALT..?BITCOIN Dominance Chart:
Now Bitcoin Dominance is 68%.
Last post on Trading view I told you when BTC dominance crossed 67% then you can exit from altcoins.
Who followed me now saved huge Fund.
who not followed now holding Altcoins in loss.
so
What Next: Now BTC Dominance Struggle at Resistance level of 68%-69%.
so if this Resistance breakout upward then Altcoins blood bath coming soon.
so guy Very important level is 69% ( Tradingview Dominance ).
if This Resistance Rejected then 65% is very Strong support for hold at this level.
but keep an eye if 65% dominance also breakdown then Altcoins will pump very hard.
soon keep an eye on two level:
69% Resistance and 65% Support level.
What can we do now..?
Now I will accumulate Good potential coins.
And waiting for more dip.
I will buy more every dip.
but but guys
If BTC Dominance level is Breakout upward 69% Resistance Level then I will Exit from all Altcoins.
and wait for next Confirmations.
because 69% breakout then Altcoins Bloodbath coming soon.
So dont trade Blindly and Like Gambling.
Trade after good Confirmations.
Resistance Level: Now BTC Dominance at 68% so this is very Good Resistance Level of 85 Day Moving Average.
and if breakout this Then Very long term Resistance trend line Resistance is 69%.
so both is very important level.
now I take risk and buying altcoins.
if breakout upward I can expect minor loss but if breakdown then I will book huge profit.
Support: Now 65% is very good support in 3 day or as well as 1 Day chart.
But if this breakdown then you can enjoy with your altcoins holding.
so next Support is 55%.
Support: 65% / 60% / 55%
Resistance: 68% / 69%
Guys Please Click The #LIKE button and Appreciate me for my Hard work.
Hearty Thank you so much for your Love like a Family.
So guys Dont Forget to Click Like Button.
BTC.D Possible Drop From Here I expect Altcoins to breathe some fresh air after seeing ATLs in sats today.
BTC Dominance (Y20.P1.E3).Micro.Bullish turnHi All,
In to the lead up to the recent breakout, I had a bag of Alts but mostly BTC.
Lucky for me, I made the right decision.
Looking back now, its confirmed with these 2 charts, 2 day and the daily.
I have BTC dominance still going up as per chart, supported by the indicators.
Note: There will be some ALTs that are doing well like the ridiculous DATA coin chart.
I did have BAND so I'm happy there. ADA I missed out, etc
Otherwise the majority of the ALTs did less against BTC but still performed.
DASH this time didn't and so on.
What this tells you? review your strategy for now as BTC is dominating in the short term.
What can this mean?
Maybe many of the ALTs have peaked in this run.
I had more than 1/2 of my profile on Link and Tezos and flipped the majority to BTC, especially LINK.
It peaked early.
Anyway, I thought I put this out there for people to think about their strategy and tweak it for that's what good traders do.
Please give me a like or tick for this posting.
Cheers,
S. Sari
#BTC Dominance weak! More gains for alts?Hello everyone welcome to this quick update.
BTC had an amazing day yesterday. People who followed my 9k strategy when btc was hovering around 7200 must be in big gains.
I sold 40% of my BTC around $9300 and bought back around $8500. Good scalp and increased by BTC stack.
COMING BACK TO THIS CHART:
Dominance is retracing so far and IMO it will either get a bounce from .382 level or .50 level which will eventually allow traders to make some more profits from Altcoins. I believe BTC COULD MOVE SIDEWAYS for few days which will provide room for alts to grow.
I would suggest holding maximum percentage of your Portfolio in BTC.
MACD -> Approaching bearish crossover
MA 200 -> COINCIDES WITH THE O.5 FIB LEVEL SO THIS POINT SEEMS LIKELY to me to be retraced soon.
I'll update more charts stay tuned and hit the like button if my work helps you in any way.
Thanks again
#PEACE
BTC Dominance Chart: AltSession Is Very Near#BTC dominance ( when #ALTSEASON ):
#dominance Now at pick of Resistance Level so keep in Mind if Break 67% then Don't enter in #altcoins or only Short Altcoins.
bellow 67% we can see #altcoinseason
So keep an eye on this level.
above 67% dominance I will hit from all altcoins.
but if bellow 67% I will accumulate big Potential Altcoins.
Support: 63.70%
Resistance: 67%
Please like and follow me fo latest crypto updates.
Thank you
The Bitcoin Dominance Rate Keeps FallingPlease leave a LIKE in order to support my work.
The weekly chart reveals that the price has broken down from a long-term ascending support line and validated it as resistance afterwards. This view is also strengthened by the fact that the rate was rejected by the 200-week MA thrice prior to the price breaking down. The final time, it created a shooting star weekly candlestick, which often indicates a trend reversal. So far, it has created three consecutive lower highs.
The most important support level is at 62.5%, which mark the wick low of Feb 10-17. If the rate decreases below it, it could fall all the way to 52.5%, levels not seen since April 2019.
Previously, the rate traded inside this range from September 2018 to April 2019, a period which was very profitable for altcoins. If the price falls within this range once more, it is possible that it would have a similar effect.
BTC.D - Exit the distribution zone I noticed that many altokines are ready to grow faster than bitcoin. Dash ZEC WAVES and many others showed excellent growth on this wave.
The dominance of bitcoins continues to decline.
Trend is broken (marked with a blue line)
EMAs indicate a continued downward trend.
you need to look at this indicator.
when the dominance looks weak. the altocoins look strong.
Friends, thanks for your likes and comments!
Good luck with trading!
#BTC Dominance Update [Aprile, 7th]#BTC (Dominance)
As Bitcoin Failed to Clear the Major Resistance (7400) & Now It's ALTS/BTC Turn.
It's Time to Grab Some Strong Alts (Not Shitcoins) because Alts Are Ready to FLY..!!
Dominance is NOT looking good for alts.What do we see on the chart? Equal highs, BTC Dominance with impulsive move to the upside. This is not the time you would like to be trading alts with ease.
Dominance rapidly going up means most alts are on very bearish trends versus bitcoin. And in times like this where traders want to cut their risk, it is natural.
We see more upside for the dominance chart which means it is still not the time to scale into alts.
BTC DOMINANCE (Y20.P1.E1).BullishHi All,
Looking at the daily BTC dominance, we see that its about to break out to the upside.
What can this mean?
a) Bitcoin is going to go up more quicker than the ALTs
b) Crypto is about to go down fast and BTC will retain more value than the ALTs
One observation from historical data is that BTC does better than the ALTS when its below the WEEKLY 21 EMA.
When we go above the 21 EMA, the ALTs tend to do better.
I have 2 samples here with BTC pairing to prove this point.
I am of the thought that BTC has a little more to go up, for now, I'm looking for a pullback.
This is not trading advice, just an observation. If your due-diligent enough to find ALT pairing charts that have a break out formation, then good for you.
If you don't, then stick with BTC as its less risk, especially in the next week or 2.
Refer to my previous post for details.
Please give me a tick or a like for your appreciation.
Maybe some of this will give you ideas on how to look at the bigger picture.
Regards,
S.Sari
BITCOIN Dominencenow this weekly chart of btc dominence enet)red in intresting zone. According to Technical Analysis that Btc.D (Dominence) will traveled to downside. Because Btc.D have been retest or retracement the up trendline and will down to consolidation area that I mentioned. According to SMA 200, BTC.D closed below 200 SMA that shows that market of dominence will fall. But another scenerio that due to COVID market going according fundamental Analysis so Be carefull.
if btc.d fall then altcoin market will boom!
Bitcoin Dominance Update & Altcoins Dump..?Bitcoin Dominance Same work our Last Analysis.
And I told you that time You can Secure Profit if you followed me you earned lot.
noW Dominance At Resistance Level at 65.50%
If we hold this Resistance And break upward side then You can close your Altcoin Position but if Rejected form This Resistance Level then I can Buy more Altcoins.
Resistance : 65-66%
Support : 61%
Keep an eye on both Level.
This is very important Level.
Please like and Follow me for latest crypto updates.
Thank you
BTC.D / Definitely cross3d 50 and 200 ma’s crossing into the halving.
Corrected the halving date.
Choose your alts wisely!
BTC.D / Definitely cross3d 50 and 200 ma’s crossing into the halving.
Corrected the halving date...
Choose your alts wisely!
