Altseason - It's not Bitcoin Season ... it's AltseasonBitcoin ... The only thing that is really useful is to enter your bitcoins in Altcoins
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OTHERS.D trade ideas
Altcoin Dominance Bullish, INVERSE MONTHLY CHARTTHIS IS AN INVERSE CHART OF ALTCOIN D.
broken neckline of a head and shoulders pattern, on the monthly chart. this is an inverse chart to clearly show the pattern. we are headed up for altcoins.
OTHERS.D WILL BE BULLISH AGAIN ... Due to the positive divergence in the chart and also the golden cross of the stochastic , I expect the dominance of altcoins to grow.
OTHERS.D 1W-TIMEFRAME ANALYSIS✨OTHERS.D 1W-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Altcoin Dominance index OTHERS.D
#ALTSEASON
I expect the price to move higher.
I hope my idea is clear
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Stay Safe💯
Good luck💰
altcoin's dominance !! Are you ready for explosive growth?! As we can see in the chart, the dominance of Altcoins is increasing despite the volume of heavy purchases, and as we approach the Altcoins season, there is a sudden increase in some tokens. Also Fear of losing the growth of prices or FOMO causes the price to explode
Altcoin Season seems to be upon us - but what is it?
What Is 🌟Altcoin Season 🌟?
An altcoin season is one of the different cycles previously seen in cryptocurrency trading. Oftentimes, altcoin seasons will follow an exponential move in price from Bitcoin. As the price of Bitcoin stagnates or takes a bearish turn, funds will begin to flow from Bitcoin to Ethereum, then further down into the rest of the crypto market. and As we get closer to the Altcoins season, there is a sudden increase in some tokens. This is generally what’s referred to as an altcoin season.
As Bitcoin takes a breather, attention is turning to lesser-known cryptocurrencies. Much of the crypto market is still poised, ready to take advantage of a drop in Bitcoin dominance. The cryptocurrency market often revolves around the sentiment towards Bitcoin. However, Altcoin Season, or “Alt Season” as it is commonly referred to, is when investment into cryptocurrency flows more heavily into altcoins than into Bitcoin. Altcoins are often more volatile than Bitcoin, which can be great for the savvy-trader looking to make some tasty gains. However, this volatility can result in a one-way trip to Rekt City for the naive crypto investor. Although navigating the Altcoin Forest can be treacherous at times, it is also one of the most exciting places to be!
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Alt Season Cycles
The cyclical nature of cryptocurrency continues during Altcoin Season too. There are thousands of altcoins in the market, categorized according to various trends and use cases. One of the reasons why going full-time in crypto is so worthwhile, is the exposure to news updates, networking, and being able to keep up with the hottest trends. This kind of consistent stream of crypto exposure is critical to maximizing successful gains during an alt season. If you can keep on top of what kind of projects are about to take off, you can place yourself in an incredibly advantageous position.
below we have listed a selection of popular narratives within the altcoin scene. This list is not ordered, nor is it an exhaustive of altcoin categories, but includes some of the popular narratives discussed among the crypto community. When doing your own research (DYOR) on altcoins, be mindful of the project’s narrative and popularity.
❇️1- Oracles : Chainlink (LINK), Band Protocol (BAND), DOS (DOS), and API3 (API3) are all popular oracle projects.
❇️2- Launchpad Tokens :Some of the most popular launchpad tokens currently include Polkastarter (POLS), TrustSwap (SWAP), and Duck Dao Dime (DDIM).
❇️3- Exchange Tokens :The most popular exchange tokens at the moment are Binance (BNB), Uniswap (UNI), 1inch Exchange (1INCH), and Curve (CRV).According to DeFi Pulse, Synthetix (SNX), Hegic (HEGIC), and Nexus Mutual (NXM) are the top crypto derivatives tokens.
❇️4- Derivatives :ccording to DeFi Pulse, Synthetix (SNX), Hegic (HEGIC), and Nexus Mutual (NXM) are the top crypto derivatives tokens.
❇️5- Interoperability & Layer 2 Scaling Solutions :Polkadot, Matic, and Cosmos.
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altcoin Season Summary
Altcoin Season can be a very exciting time, but remember, it is impossible to be involved in all the altcoins - no matter how much you may want to be. Altcoin Season can bring about a lot of emotion; which is not ideal for an investor or trader. If you are trading altcoins, it would be foolish to not have an investment plan and exit strategy in place.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
We're nowhere near 2017 levels yet. Possible 5th RuleCapital rotation from bitcoin should be flowing into alts soon. We're hardly at 2017 levels. The 5th test of resistance should break it to really see euphoric levels that we should then be wary of.
Dominance on altcoinsHello, looking at monthly candels, ascendin triangle is forming, so the target is obvious, because it can be measured.
Please comment on your opinion on this chart.
Cuándo veremos el comienzo de la ALTSEASON 2021 🍀Desde principios de setiembre de 2020, hemos visto como los pares de criptomonedas han sufrido frente a BTC, independientemente de que su precio frente a fiat en algunos casos ha subido.
Pero actualmente, sobre todo desde principios de 2021, los principales influencers del ecosistema cripto están hablando de que la ALT SEASON puede estar cerca de comenzar.
Cómo vemos en el chart, la dominancia de las criptomonedas ha caído por más de 130 días y el RSI está llegando a la zona de sobreventa, desde donde anteriormente ha rebotado.
Por lo tanto, para que se dé la ALT SEASON, deberíamos comenzar a ver que la dominancia del resto de las criptomonedas, sin contar Bitcoin y Ethereum, comienza a subir a partir de esta zona.
Siempre DYOR.
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* El contenido de este análisis es meramente informativo y el escenario puede cambiar en cualquier momento sin previo aviso. Se proporciona con el único propósito de ayudar a la comunidad cripto a encontrar las mejores decisiones.
Bear Trap Leading into A Sh*tcoin Buffet?'Others.d' indicates the dominance of altcoins outside the high caps. If this is currently a bear trap and the bottom trend line is re-taken then expect a bounce towards the top trend line. Irregardless of what happens after that top trend line is hit; this would mean that short/medium term the smaller market cap coins are in for a bullish few months!
Remember - look for this bottom line to be re-captured in the next few weeks!
ALT Coin MarketCap DominanceAt the bottom of the Pitchfork it gaps to the Fib Retracement level of 0.786
0.786 Can be the Bottom and fill the gap back up, Retest Correction Point B.
Bitcoin looks like to be making a top just like Ethereum and some other ALTs that have followed Bitcoin.
Beware not all ALTs will go up.
Move BITCOIN To ALTS! ASAP!!! 😯I am seeing signs of a very long term entry to microcap alt coins in the cryptocurrency space going on right now!
This is a chart of the market dominance of the alt coins and we can use this to correlate with btc.d which is bitcoins dominance. Bitcoin likes to get flown into alts when alts are low to earn more bitcoin. Bitcoin has ran parabolic past 20k to now 40k and this is an accumulation play that we saw similar to the 2017 setup.
I believe btc price will continue to rise in the long term, but I do think with btc dominance sitting at currently a double top on the high side and alts sitting on a triple bottom major multi year support, we will see alts run during 2021.
I personally think that we will make that shift towards creating a lot of value in privacy coins. I do like the principle of what bitcoin stands for but at the same time I'd rather shop for a coin that does what bitcoin can't do..
Personally I think MASARi is going to be a strong HODL!
It only will have 18.5 mill coins in circulation (roughly 3 million less than bitcoin)
It is private by default, which means it hides the origin, payment details and any amounts automatically. Unlike bitcoin. The best part is that this coin currently is under 2 cents per coin!! If you ever dreamed of maybe getting the chance to re live the early days of bitcoin, this could be an option. It is also PoW.
*Please don't take this as financial advice, I'm just building awareness for a project that I personally like.
Anyways, I do think getting into alts now for the long hold is a solid idea.
Best of luck,
See you at the top! 🚀
Major altcoin season track idea (inv. Head&Shoulders pattern)Hello everyone,
This idea is made for easier tracking of possible upcoming major altcoin season.
Some of the altcoins are allready witnessing 50-300% pumps past weeks/months after a 2-3 years of decidline downtrend
This could change in 2021 !
In my opinion Others.D Monthly is painting a huge inverted HEAD & SHOULDERS pattern
Mooving average 200 dominance analysis
Bitcoin dominance possible projection based on wedge patterns
There is also possibility of a different inverted head and shoulders pattern formation as seen below
So I´ve made even the second version chart for your easier tracking guys
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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