BTC.D trade ideas
BTC Dominance Double Top formation | Pump in ALT soonas we can see BTC Dominance have formed Double top. We have seen good rally in bitcoin since starting of this month but Alt;s are under performing. But now, big pump for Alt is coming. This week we'll defiantly see a good rally in Alt Coins.
This is time to long. As per my last analysis on SUSHI, i am 100% sure Sushi will touch $15 by end of this month.
btc.dbtc.d is bullish means btc is bullish , btc .d can hit upto 55 zone as well is straight btc up rally.
BTC USDTReversal from 44k resistance or from 45(Lower high)
Then next target will be August low 37.5
Double vottom in Btc DominanceThese chart is very bearish for alts.
These may cause atleast 20% dump in Alts if the double bottom plays.
what do you think my fellow hodlers, is Bit Fink right??The chart should be self-explanatory.
We are watching if the 2017/18 btc dominance pattern will repeat and again signal that this is the alt-relief rally, after the conclusion of the BTC bull run.
I am completely new at chart drawing, and analysis, and have been learning from the ''good' folks here at tradingview since mid-2016.
Gl to all of you.
Price action candlestick OHLCPrice action secret
I have Mention bullish and bearish candlestick chart pattern.
Note: This is only for Educational content
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Anish kumar
BTC dominance AnalysisBTC dominance after breaking down the rising wedge tested and broke the important support zone of 42.25.
Now 42.25 is acting as a resistance,
Scenario #1- If not broken BTC.D will move for 35.85 {life time low (2018) } with a minor resistance at 39.99.
Scenario #2- If 42.25 is penetrated, we will head over to 43.96 and 44.87. Alts will suffer a bit while BTC price going up.
BTC Dominance Speculation. Probable Trajectory.BTC Dominance. Macro Chart, signifying Alts Rally.
There could be a small short term correction in Alts from Mid-September, correction could last for not more that one month.
BTC DOMINANCE CHART BTC Dominance chart looks like Head and Shoulders patreen , In this leg Altcoins migh move up fast.
BTC Dominance updateDominance previously breakout nicely and now looking for jump from trendline support.
imo we will see $BTC to 100K+ in next couple of weeks.
From here if anyone interested to long they can open.
obvious No Financial advice.
BTC Dominance IdeaNotice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts rally as BTC dominance could be falling like in previous cycle.
BTC Dominance IdeaNotice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts rally as BTC dominance could be falling like in previous cycle.
Bitcoin Dominance (BTC.D) Looking Bullish, Set To Move Higher! Today we are looking at the Bitcoin Dominance (BTC.D) index chart and multiple signals are pointing to it going higher.
Let's have a look at those.
First, we can see that there wasn't much strength on the retrace from June to July.
Its price moved below EMA10/21/50 and managed to close back above these levels by July 10.
Prices are now safely trading above EMA10/EMA21 and EMA50. This is a strong positive for the bulls.
Second, we have a solid RSI above 50.
The MACD is showing a young bullish cross while already above the zero line...
This can turn into a huge positive but we are still lacking momentum.
Bitcoin Dominance Chart Analysis Conclusion
We have some good potential here but the signals are not really strong.
The bulls have the upper hand, based on the chart technicals, but there is no momentum.
Breaking and closing below EMA50/10 would invalidate basically all of the signals pointed out above.
Bitcoin has been consolidating for a long while...
Maybe is time to go UP!
What do you think will happen next?
Leave us a comment.
Namaste.
BTC Dominance update#BTC Dominance/ Ascending Triangle.
#Bitcoin 100K atleast is inevitable till 2022. Final target between 300-600K before 2025.
Altseason2021 will commence soon
