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Daily BTC Dominance UpdateThings aren't looking great for the king, well they are, but they look better for the peasants. BTC continues to lose strength against the rest of the market. This long term downtrend is not only persistent but also increasing. RSI continues to fall and we are approaching the area of support at around the 40 level. If this level fails to hold then there is nothing left to hold it up....it's altseason baby! You can expect altcoins to go crazy and this is likely to take us up to the market peak and blow-off top.
CRYPTOCAP:BTC.D
by marcusdw1
Broader market direction with actions I see 2 courses of action from here. So I am majority stable for now, these are my orders for each action. 1. ETH and BTC rally from here making a new substantial ATH. From this COA I will be buying major alt pairs when they inevitably bleed out during the run. 2. ETH and BTC correct here and we see a major dip in the market. I will then look to accumulate ETH 3.6-4.1k, then filter back into alts. If COA 1 is put into play, we will miss the first move yes. But imo this could go either way here. One to note, funding rates are very low right now. Making me lean towards ETH and BTC potentially moving upwards first.
by JonnyTCrypto
DOGE breakout to test .33+Doge has been in consolidation since late august with the last .35 test. Once it failed the .35 test it dipped to its support level of .20 to regather momentum for this Q4 rally. While all other ALTS are somewhat pumping DOGE has seemed to stall out as of recent. we are not out of consolidation until we successfully close ABOVE .31 (looking to shoot thru my liquidity box @.30) I anticapte this move as soon as 11.4.21 or can stall to 11.24-early DEC 2021. **A Tweet from ELON can send this baby to the moon once again**
BITTREX:DOGEUSDLong
by chestephens1
WTF. I'm so shocked I've never seen such a crazy corrective wavehello everyone im zootopia I can't help but be astonished. I've seen a lot of Elliot waves so far, I'm so shocked. I've never seen such a crazy corrective wave. Please refer to the detailed screenshot below. movement of the forces is getting more and more deceitful. We were all deceived by the forces. My perspective remains the same. It is analyzed that btc will rise to 120-140k But btc's movement is a scam... And as days go by, this trick will get worse. We must take a good look at the movements of the forces. Now, the era of making profits as easily as before has passed. We must accept reality and respond to the deceit of the forces. GOOD LUCK
Long
by zootopiabtc
22
After that, ALTCOINS will skyrocket 😲🚀Yesterday we analyzed bitcoin dominance and noted a good area for altcoin buying. Today we will analyze another very important index - Total Altcoin Capitalisation Index excluding bitcoin. From a technical analysis point of view, we see a positive cup-and-hand pattern, if this pattern materializes and the price consolidates above the green line, altcoin capitalization could reach two trillion dollars. The bad scenario is if altcoin capitalization goes below the low of $1 trillion. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
CRYPTOCAP:TOTAL2Long
by Yuriy_Bishko
4