ETH.D trade ideas
#ETHUSD #ETHUSDT #ETHBTC #ETH _ETH.D 1day ://eth dominance chartH3RE We G0 YA ALl...
all in all it does look like the market wants to pull back a bit esp with options etc contracts expiring this week. This is when we see over leveraged traders get the BTC that holds their leverage position get wiped out. This is what we called REKT or liquidated when 10x etc and see 5% or more quick dips in markets _the whole account will get closed. Or when u have lots of option contracts all expiring at the same time we will see people trying to get out, sway the market, u name it _ so they can make more, loose less or not get rekt on whatever leverage they into.
In short, look for some volatility n buy ops. all in all unless day trading i would more look to buy any dips while not spreading to thin ( scalping is great and easy until its not_ with layer 2 n swaps getn cheaper this will become more n more tempting. Lol for uss smaller kats when we got a few hun position in some alt , its not easy to swap out when it will cost like 30 plus in eth gas fees but with swaps under 1usd on zkswap etc this is now possible again… just be careful _ if u don’t have the time to dedicate I strongly suggest with going with more the investor approach _ ie buying dips n cost averaging in etc with a semi clear plan to take profits down the road_ srry a bit of a ramble there). for us that means bring'n are 30 alt positions down to 20 then 10 then 5 while moving into mostly eth n some btc.
the other thing to note is that the BTC dominance chart or BTC.D chart is dropping lower and lower even tho the market as a whole is going up. this means more money is flowing into alts n esp eth then btc at the m0oment. ETH.D chart just re tested a major resistance around 15 to 17% total market dominance while btc is in the lower 40% range. I believe it is time for eth... i just finished going back n forth with this DEV from the ecofi project and they keep changing their mind ie they wanted to start project on binance smart chain or BSC n migrate additional liquidity to eth side n do both or switch back to eth side completely then eco holders wanted to stay on BSC but the dev said there has been some issues. Binance smart chain now makes up 30 plus percent of crypto market cap keep in mind all the wrapped btc n eth etc etc combined with chinese government subsidizing this effort on many fronts mostly stable coins n we have some artaficial or non organic growth but in the end that is still money in crypto market cap.
I want to touch on some of my favorite projects and why.
ALGOrand is number one for us and should be one of the first alts u buy after u have ur btc n eth bags. This is a non custodial wallet _u control the keys n money and still get to earn crypto apy in algos just for keeping ur algos in the algo wallet. This will help verify network transactions so the apy changes depending on use but look for 15 to 20 plus percent. I WANT TO POINT OUT HOW RARE IT IS TO EARN APY ON TOKENS AND KEEP THEM SELF CUSTODIED _UNDER UR CONTROL N NO ONE ELSES…. BUY ALGO ON EXCHANGE OR WHEREVER SET UP ALGO WALLET THEN SEND ALGOS TO WALLET N UR DONE.
Next is ADA or cardano. This guy is a serius ETH n in general if not on the ADA team just pretty much a hater. He looks like wozniake and helped launch n design OG etherum network with Vatilik._ For whatever reasons he left and started cardano. This reminds me of the whole apple Microsoft rivalry. In the end this man n team r well-funded plugged in and wicked smart. There has been more dev or programmer activity via get hub then any other blockchain besides the slave labor lol BSC done in last few months n eth but nonindependent and organic like this. Eth is the king here but we r seeing something long term n possibly special play out with ADA. You can buy ada and send to a Yoroi wallet and stake for 5 plus percent.
Next is Celsius. This guy is richer then gods first cousin and hold patents for the swift credit card payment systems the world uses till this day. His moto is “un bank ur self” and is building a very special mentality and ecosystem on his platform. This is where we keep the majority of our eth n btc even usdc earns 10 to 15 percent. If I cant hold it in ur own wallet u control or self custody wallet _ this for us is the next best and safest option.
Further down the list and harder to get _ need gate.io or whatever whoever lets u swap n thos of us in usa etc they try n make it tricky_tuff for us to play wit the fun stuff like FTX binnace the list goes on n on
trustSWAP_ this guy n team just don’t stop. They love to adapt and build around the ecosystem and community _ ie filling and changing with the needs of the consumer. In crypto as we frantically build out I believe this is a touch that is being forgotten and will come back to hurt many many projects that refuse to adapt or brand or whatever to help with mainstream adoption. (It can be tuff telling my serious finance Wells Fargo Uncle to check out something called “sushi swap” lol srry another tangent smilez)
this team revolutionized this space with a project incubator launch platform that aloud early swap suppoters who staked min amount to get into early quality properly veted projects and realize 1000 plus percent gains usually reserved for insiders and the strait up lucky. Before this you had to partner with some exchange to help you launch ur new token and project. Uniswap began and -planted the seeds for this to be possible as people supplied their own liquidity to earn swap fees. (the peoples tokens_money r the exchange_wall street bets get u some_cant wait till u all can wrap ur heads around that uniswap DAO mentality)
they then streanghened the idea and platform for their peer to peer swaps (P2P) buy building an eco system and partnering with top ten exchange GATE.io
they also just bought an app with 1.5 million current users, they r integrating this to their eceo system this week.
Other mainstream n not so main stream projects we watching n hold some r
VET ZKS DMST RAMP BLANK MATIC n others like AAVE MKR UNISWAP 1INCH SNX SUSHI BADGER STMX ECOfi (not ECOchain _both have ECO symbols) n others
_HGM T3Am
Ethereum Dominance - Flipped Monthly Log ChartSuper simple, we're headed to ~18% market dominance for Ethereum.
I'm bullish on ETH vs. BTC pair (also on USD pair, but especially vs BTC).
Related ideas linked below.
ETH dominance looking bullish than any other altcoinsif this trend keep going Ethereum's gnna be not Altcoin
Bitcoin: the king is dead, long live the king!We are at a historical moment in the lifetime of the crypto markets. The BTC dominance fell below 50% to never return above it ever again. I already spoke about it in my last ETH/BTC post (linked below); ETH is here to become the second hedge for the crypto market next to BTC.
BITCOIN AS AN INTRODUCTION TO CRYPTO
The time that people only knew Bitcoin and would only buy / trust BTC as an introduction to crypto is as good as over. With alts flourishing in gains, price, use case and performance; the popularity and adoption will only further increase. You could compare it with the internet where the at the start you just had a few dominant and well known websites to evolve into a diverse landscape of numerous websites for an almost infinite amount of use cases and communities backing them.
ALT COINS ARE DEAD
With Bitcoin falling below the 50% mark we have now entered a new era of crypto (like I said in my ETH/BTC post); the era of the "alt coin" is over. Alts are no longer alternative if Bitcoin does not make up most of the crypto market share - and with the projection of the BTC dominance only declining and never getting above 50% ever again; the word "altcoin" is dead. Instead its time for a new era: the era of cryptocoins; where each coin represents a use case and no longer is associated with its dominance in the cryptocap. In the end its simple; I project the BTC dominance to fall below 10% of the total cryptocap within the next 10 years; so how is holding any coin other than BTC seen as "alternative" if these coins make up 90% of the cryptocap? You get my point; its not. So lets get rid of the word "altcoin" right here and right now and lets evolve to an inclusice cryptospace without maxi's or "exclusionalists" and turn them into "inlcusionalists".
THE END FOR BITCOIN?
So you might think this is all doomsday for Bitcoin and I no longer support BTC or its use case, but believe me; I'm still a fan (look at my username) and a hodler. The future of BTC is very bright and we will see a BTC cap at the levels of gold (around 8tr) and possibly beyond. So yes, I project BTC will hit 1 million USD within the next 4 to 6 years. So that doesn't make BTC such a bad investment, does it? What this projection does tell you; is what crypto as a whole will do in the next decade: defi, insurance, decentralized consumer / retail solutions and trustworthy data storage being my first markets of interest concerning adoption. This means that lots of fundamentally strong "smaller cap" coins find their adoption markets and will increase their market caps immensely. Bitcoin will be Bitcoin and will fulfill its use case of digital gold; a hedge against fiat with diminishing risk and returns.
ETH VS BTC
There's one key element missing in the cryptocap puzzle: Ethereum. ETH will fullfill a crucial role for the adoption of crypto amongst the masses by providing safe and robust base layer solutions that will take up more than 50% of the total-cap of the emerging markets mentioned above. This doesnt mean that DOT, KSM, LINK, BNB (and many others) won't have any adoption or wont do well. It simply means that ETH is the Microsoft of the blockchain space - whereas most computers ran (and still run) on Windows, you will see that most blockchains will run on ETH protocols, base layers or smart contracts. Ok, great but what does this mean?
Well, this means something HUGE is about to happen and I have not heard any trader on this website about it (yet). ETH will, in the mid term; flip BTC in terms of marketcap. So this means in the future; the main hedge of crypto against crypto (not fiat) will be ETH and the ETH dominance. I project; depending on the adoption of other protocols that the ETH dominance will fluctuate between 40 and 60% in the coming decade. Obviously this means for traders that you compare your cryptocoin (not altcoin) with ETH; when you outperform ETH; you do well - when you don't; you're underperforming. An important note that I do want to add is that - also ETH in the long term - will have diminishing returns and risk - and will have the same faith as BTC - with eventually becoming less dominant in the total cryptocap and space. For now, however; its starting its way up to become the new king of crypto.
TECHNICAL ANALYSIS
So if we look at the BTC and ETH dominance, you can clearly see that the charts and market support my theory. BTC fell below king levels of 50% and I do not expect it to ever return above it for a long period of time. It might retest 50% going into the bear market but I expect a rejection - to never return there again. So when people are chatting about "alt season", just please stop with it. It has been alt season since January and it will be alt season forever. That is a given, however with a important note that the next bear market will be painful for the alt cap in the short/mid-term. The long term is only bullish. I project the ETH dominance to keep holding a bull trend with again some possible pullbacks during the next bear market in order to just keep surging from there on after.
So to conclude, the BTC dominance will be in a permanent bear trend all the way towards 10% levels in the next decade. ETH will do the exact opposite and can (not will) surge above 50% dominance. I do not want to state my ETH price projection for the coming decade because I believe it might be too much to handle for most traders and we have to see how the deflationary model will work, but (if you like) you can 5x the craziest ETH predictions on Youtube and you could get close. For the short term; you can check my chart of where I think both are heading and I projected a nice cup and handle for the ETH dominance with a 36% surge against a -28% fall for BTC! The cup and handle being totally my own imagination but that doesn't matter too much; what matters is what the macro trend tells us: a new chapter for crypto has begun.
The king is dead, long live the king!
Correlation between ETH.D and ETH pricebreak the neck line, can cause ETHs price to fall to 2151 usdt
but if ETH.D have a reaction to neck line to, price could rise to 2420
ETH.d, Ethereum will dominate 1/4 of Crypto's market capETH.d is in a long term rising channel. currently it reached the midpoint which happens to be a strong horizontal resistance as well. If there is any pullback, it is normal. ETH.d will never breakdown from the channel, the fundamentals are too strong. Eventually it will breakout of the channel which has a measured move around 25% of crypto's market cap.
ETH Dominance About to Surge? Ascending TriangleFairly self explanatory. With every touch of resistance, it becomes weaker. Wait for a daily close above the tri-point resistance (or 4 or 8 hour close if you're aggressive).
Could also buy off the lower ascending support line if we get a good touch.
ETH.D To IncreaseEthereum dominance is looking to increase after hitting the bottom of the expanding wedge formation
We are looking for a right shoulder to form from this upward move, confirming the larger head and shoulders pattern within this wedge
Personally I think this will be the move to break this wedge formation, but if not the right shoulder will occur.
Included other chart patterns within this larger wedge, (falling wedge, symmetrical triangle)
I am long Ethereum
Ethereum dominance , expectations and historical data.As we march forward in this extraordinary altcoin season a tremendous season has been started which is possibly never seen before.
now we need to back our prediction of altcoin season by relevant data. as we can see a two year old support broken in the bitcoin dominance which is declining day by day as we approach in this ALTCOIN SEASON.
A significant resistance is observed in the Ethereum dominance 13.11 which is yet to be broken. and if we go back in time we can see a previous high in 17.21 from january 2021 and if we further go back 30 January 2018 eth dominance was as high as 24.33.
that means this highs are still to be broken . and if this happen we will se big movement in the Ethereum price action. A minimum of 3x/5x gain is yet to be achieved if this resistances is broken by Ethereum. Buckle up and enjoy the season.
ETH.D 1day ://eth dominance chartshes about to smash a major resistance for eth dominace in crypto_LOVE UNI SUSHI 1INCH ZKS N any DAO rite now esp ones adding liquidity and staying up with layer two n other blockchains like binance_ trend
she runing good.....
cream compound n YFI team heatn up_is da word whats his deal called k33per
SHUSHI is looking great SNX is looking strong again as well REN is looking like she wants to pump _3 months of consolidation but who the h3ll knows anymore ZKS is getting really exciting but all that matters rite now is the BTC black whole is in full effect to the power of ETH_HOLD ON YA ALL IT COULD GET A BIT BUMPie eso wit the COINBASE trojan horse for mass adoption _ real world crypto n finance adoption.... we here n not leavn N what up with a NEW ATH CRYPTO MARKET CAP
_HGM
ETH Dominance daily inverted H&SDaily inverted H&S in ETH dominance supported by MACD and RSI bull divergence.
Breakou above 13.15 neckline shall provide target of 15.00 % in total dominance
KNOCK, KNOCK. Who's there? #Altseason...If :
BTC.Dominance ................. BTC.Price ........... Altcoins.Prices
.......Increases= = = => And.......Increase s= = = => Result.......Decreases
.......Increases= = = => And.......Decreases= = = => Result.......Rapid Decrease
.......Increases= = = => And.......Stable= = = = = => Result.......Stable
......Decreases= = = => And.......Increases = = = => Result... Altseason
......Decreases= = = => And.......Decreases= = = => Result.......Stable
......Decreases= = = => And.......Stable = = = = = => Result.......Increases
#Altseason Is Approaching ...
ETH.D IdeaG'day Guys
Here we go some analysis for ETH pair. Which is not my Fav pair. But i would like to try analyst it, just in case anybody out there trade this pair.
Might good for reference. Overall, am expecting this price heading south. After breaking trendline, and forming of pull back before continue to rally
Let's see what happen with this pair... Stay Tuned..
Time for Ethereum to Dominate?BTC Dominance is nearing a critical level, while ETH dominance has been rising. I believe it has been held back presently because of accumulation. If BTC dominance loses 59-60%, ETH dominance will rise and break up and out of this ascending broadening wedge and confirm an inverted head and shoulders pattern, and reach our target on the chart.
Here is BTC Dominance for comparison:
Ethereum Dominance up slowly but steadily.We do not usually see this but it could provide interesting information. Higher lows since December 2019 and a recent bullish divergence in the weekly.
ETH.D 1day ://eth dominance chartETH was at its most dominate around middle to end of last month. Since that time we have watched as OPTIMISM.io try to launch via UNI SNX and a few otheres. ZKS swap firgured out how to run ZKrollups and really jump started this. LOOPring and the rest r not far behind _ IE LAYER 2 is a reality. HOW WILL THIS CHANGE THINGS Binance has grabbed a huge protion of eth market share as well as other side chains _ blockchains etc like avalanch AVAX ALGO N ADA VET DOT r here to stay but always seem to revert to working with eth in some way. FOR US WE ARE ETH ALL THE WAY BUT STILL HEDGE BETS>
me personally, not a big bnb chain fan but do respect it. heavier on zks etc but that is just r opinion.
anywaz mthis is a pure ramble post _ more wanted to get people looking a bit out of the box and that starts with dex charts and learning to view the market from as many diff perspectives as possible
_HGM
