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Altcoinsvsbtc

BTC dominance Analyzehello friends. BTC Dominance is in an important zone. and its near 200 day MA and maybe we touch this MA at 42.7 and then pullback. if this section happen we could rally up to 45% and 47% that shows a massive correction for altcoins. if we lose this 200 day MA we could go down to 41.55% and then 40%. if this happen we will see massive rally from altcoins. but according to the market conditions i think we touch 200MA and then go up. so maybe we will see altcoin crash these days and altcoins will see their downside supports. thank you for reading my idea. please comment your opinion and teach me something new! (!!!NOTE!!! : my ideas are not trading or investing advice. so follow your own strategy and your own opinion.)
CRYPTOCAP:BTC.D
by TraderAmin-KZ
The ETHBTC uptrend continuation on the shorttermThe ETHBTC chart has been on an uptrend since mid March, when we traded around 0.065 (BTC). To add to this, at the start of this month it started making some bigger impulses and retraces, movements on which I’m focusing on in this article. I want to mention that we’ve been holding pretty well on these retraces, and that the market structure is still bullish. You see I’ve marked two FVGs: one of them got respected and the current one is not tested yet. Two equal lows are marked as well: they give more strength to the uptrend. I’m personally waiting for a reaction at the second FVG and then a new high. With all that said, there still is one last impulse before we reverse the trend (at least on the 4h). After this bigger retrace, we may slowly make our way up to a new all-time high. Anyway, for a higher timeframe analysis you can check the last Altcoin Wednesdays post. Last but not least, ETHBTC is printing a strong divergence with Bitcoin, which has been downtrending from $47k. This means that whales are accumulating ETH and selling BTC, which is another sign of strength on a higher timeframe. As I always say, have a good trading!
Long
by config_json
BITCOIN | Heading Towards 29KThese days all eyes are on crypo premier BITCOIN. The coin has been in pressure since making double top on (68K). The bearish divergence was prominent at that time and bears took aways the game from there on. Earlier this month, on 4th Feb, Bitcoin finally manages to break above the falling trendline and price reached to 45K. The area was very important for bulls to take out as it was fib 0.618 level. The area was also of importance because of EMA100 lies. The coin took the beating from there and confirming lower high on daily cycle (Bearish Trend). The current price suggest a sell on strength till 29K and stoploss just above 40K. Not to mention all trades with closely monitoring price action. Is bitcoin heading towards 29K? The majority expert don't agree to the idea rather thinks to remain buy on dip till 33K. The selling option now is too late for them and the gains for lower side are limited as compare to risk. Technically speaking BITCOIN has all the potential to cross 100K this year. So remain buy on dip as the risk of losing is low. Buy only when bulls are giving sign on price action with mangaged risk. Do let us know what do you think of the idea?
Long
by TradeTrio
16
Altcoin Dominance at bottom of Daily ChannelIf we're going to see alts continue to gain in dominance, it needs to turn around here. That's not to say that it couldn't ride the bottom for longer before it turns up, but we shouldn't see it drop much lower. Lose the channel and expect it to move down more before up. Bitcoin dominance looks like it's very close to moving down, having created a wedge here (inverted chart below). - That said, if BTC.D moves above ~46-47% and doesn't see a strong reaction turning back down, then we're likely to see more correction across the market or at least a sharp rise in Bitcoin that eats up alts. - Or, instead we see others.d move up from channel bottom and btc.d move down to new lows, we may see an alts run prior to btc moving back towards ATHs or even a new ATH.
CRYPTOCAP:OTHERS.DLong
by dudebruhwhoa
2
Altcoins can fall pretty hardThere is exactly a year now since Btc.D is trading in a downtrend. However, after reaching 40% back in May we have in fact a clear range between 40% and 50%. In mid-September, again, we touch 40% and we got back to 50% pretty quickly. The last drop takes a lot of time and is printing a falling wedge on our chart. At this moment we are hovering around 40% for almost 2 months and Btc.D looks ready to turn. Getting back above 40 and 41 furthermore would confirm strong support and also a double bottom (more clear on smaller TFs). If this is the case, ALTs can fall hard
CRYPTOCAP:BTC.DLong
by Mihai_Iacob
13
Celo 8 hour bear trap confirmed!CHART OVERVIEW - Celo / BTC (8 hour chat on binance) ANALYSIS - Celo travelled through a long falling wedge after breaking out and currently moving sideways within an ascending triangle. After a fakeout to the downside, spring off of support at 0.000094; Celo is now on track for more upside. CONCLUSSION - The chart shows key resistance levels, first challenge is 0.00011456, clearing that Celo is clear to reach 0.00015; After that the price could easily double based on previous price levels. What do you guys think, Bullish or Bearish? DISCLAIMER - NOT PROFESSIONAL ADVICE
Long
by cmpkpersonal
bitcoin dominance analysis to understand BTC vs ALTs behaviorthe dominance of bitcoin is testing its critical support line for the third time, with a bearish hidden divergence in the peaks of the price action and indicator, I expect a break this time. what does it mean? 1. whole market crashes (high probability) the whole market crashes, but Bitcoin crashes harder and sharper than alt coins in this scenario, I prefer to buy ONLY BTC in the deepest dips! 2. bitcoin continues sideway for a while (medium to low probability) this will result in ALT SEASON! 3. bitcoin rises right from here (low probability) Alt coins rise sharper! ALT SEASON again this is not financial advise! these are just my thoughts on "probabilities" based on divergence strategy :)
CRYPTOCAP:BTC.DShort
by honarparvar
4
BTC/USD (Daily Fib 0.5 Good Support?)💎Technical Analysis Summary💎 BTC/USD -Despite the recent -10% move of BTC last Friday -Today, the bulls have managed to regain back above 58k dollars -This is good news because the key area is being respected -We have the previous resistance last September 7, Fib 0.5 and 100D Moving Average -These multiple key factors drive the price back up the previous trading range -Also, the descending channel is still following the price action -If we can see a strong bullish breakout plus a good retest -Bitcoin short term correction might be over and a potential upside move is likely -I only took 1 trade recently but got stopped out which is part of the game -Due to bad market conditions, I'm not going heavy on any swing trade yet -But once the market shows a clear path, I'll start scaling in more position -I hope most is are following proper risk management recently -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
15
#BZRX Long term Chart.I'll keep it short. BZRX/BTC Long-term Chart. This one looks good. I don't know if it can pump 2000% as per this chart but holding this coin when for the long term could be a good bet. They also have some good fundamentals. The price has been under this pattern for almost 454 days and it's breaking out of the pattern as we speak. The best buying level would be between 400 to 550 sats. Target is open and it's completely up to you. Wait for the dip to enter this trade. Also, Do your own research. Hit the like button if you like it and share your views in the comment section. Thank you #PEACE
BLong
by Cryptorphic
5
BTC/USDT (55k Area Potential Support?)💎Technical Analysis Summary💎 BTC/USDT -Bitcoin may have reacted bullishly just above the Fib 0.5 level -This zone is a confluence of mini S/R flip last October 13 trading -I have plotted a potential descending channel coming from the swing top -If BTC forms any bullish reversal pattern within this bullish Fib area -In the coming days or weeks, we can expect the uptrend is not yet over -And the altcoins will also rally up again considering the BTC Dominance value is decreasing -For now, I have not opened any swing position as I'm waiting for a better market condition -Any bullish setups for Altcoins will reduce its accuracy if the overall space is bad -I hope you guys are also taking this oppurtunity to study and relax a bit -The market always moves in circles so there is unlimited opportunity -So we just have to sit back and enjoy the process ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
by PolarHusk
12
The time is right for Gulden $NLG to fly!As a follow up on my previous idea (see link below), the Gulden sat price has failed to retest the 200 sats region and felt back to below support of around 50 sats. The lower price in the 20 sats regions has been retested again after which the price soared +100%. I believe it is time we see a price breakthrough with the following sat levels to be tested/breached: Red line, 22 sats: support level Blue line, 70 sats: first resistance level Green line, 173 sats: second resistance level Purple line: 415 sats: third resistance level If the 70 and 170 sats regions can be breached, the price of around 400 sats is the nest resistance level as there are not much Gulden available in the price range of 200 to 400 sats. Visit Gulden.com to read more about this unique blockchain.
NLong
by UnknownUnicorn4621824
BTC/USD (58K Potential Support?)💎Technical Analysis Summary💎 BTC/USD -Bitcoin failed to hold the immediate support area at 63k dollars -After a sharp drop down to 58k dollar, the next potential support range -This fast move by Bitcoin suffered most of Altcoins and I got stopped of my trade -The market is not good recently so I didn't put heavy on this position -BTC is technically bearish in the short-term with this type of price action -I will be careful and only trade a small amount during this type of condition -Again, this is not the good time to go heavy on Alts when there is no sign of strength -I'd better not trade or reduce my position size if the market is not in our favor -Everyone, risk management, and strict self-discipline is very important right now -If you want to stay in this game for the long term, please control emotion and follow your stop loss -Good luck and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
14
#USDT Dominance Bearish! ALTCOIN Pump Incoming?First of all this is the first time I am sharing a chart on USDT.D I finally decided to share this strategy with you all:- USDT Dominance is a good index to keep track of Altcoin trades. It's inversely proportional to the growth in ALTCOINS and BTC in general. If USDT.D Pumps it literally means all the money from BTC and ALTCOINS are moving into USDT which eventually leads to corrections in the market. IMHO you must always use this indicator for trading altcoins for the short-mid or long-term trades. Let's get to this Chart:- In this chart, you can see USDT.D is broken down and had a pump to retest the bearish flag. Which leads to some bleed in the market. I am sharing this secret with you because you are a member of this beautiful Cryptorphic Family! I want you to become a better trader and save yourself next time from getting rekt!! Hope you liked it, if you did do hit that like button and share your views in the comment section! Thank you #PEACE
CRYPTOCAP:USDT.DShort
by Cryptorphic
24