Ethereum Dominance Weekly TF 30/01/2021as we can see due to BTC dominance increase the Ethereum has fallen back and trying to recapture the market as it is now in the accumulation zone and getting back to its Distribution zones
as we had analyzed the BTC dominance and that was more on the Fall side so we can conclude that the ETH.D is in a good Up Rise and
i.e.
as BTC.D falls so Does the other Cryptos Rise
they have the negative correlation with each other as they show the Market Dominance percentage
so once one concur the market others will fall out of it
we have used Fibonacci projection and Price Action analysis for specifying the Redistribution zones post it Dominance Upraise
i have linked the Bitcoin Dominance analysis too
you can refer to them for better comprehension of its correlation with Ethereum dominance
please comment your ideas and opinions
ETH.D trade ideas
ETH.DHello to all dear traders, I hope you always hunt for big profits.
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
They all tak'n profits, esp defi alts_ ie run & wait 4 ur dip's eth.d rises as eth catches a small boost as every other dominance falls off. next look for some type of stable coin or and btc / wbtc move. i market poised to dump or pump n in this case it looks to be a pull back to 41k-ish btc with a low for eth at 3300 if lucky.
Buying alt dips r sketchy at the moment but if the price is rite im definitely looking to take some seriuse positions there some time over this year. :// not in order_ ETH BTC (BTC lighting network will be the cross chain super charger esp for eth liquidity bank or place holder to help cross chain issues and costs). DOT ADA ALGO AVAX COSMOS BSC AAVE YFI SUSHI UNI MANA ENJ SAND HARMONY ZKS some SOL MATIC/POLYGON CRO SNX (this will be huge esp as uniswap v3 L2 project gains traction and the dex gets more liquidity and pairs. _Layer 2 is the new hot term in crypto rite now. specificly layer 2 dexs _check out vitalik's take on the L2 eco system "End Game" twitter.com more to come on alt positions looking at this year along with buy the dip zones and profit targets. Later all n keep grinding
R3S0uRC3's ://
General crypto Market info_
coinpare.io coinmarketcap.com www.coingecko.com
news aggregator/crypto news feed n more_
cryptopanic.com
Crypto and BlockChain Learning n Info tool/ Free_
ethereum.org
coinmarketcap.com
www.sofi.com
GIF making tools _free ( that first GIF link Is da One...)
toolstud.io
www.videoproc.com
all things crypto market announcements etc calendar_
coinmarketcal.com
wallet tracker_
app.zerion.io
Eth wei_gas tracker_
txstreet.com
dex’s we use:
app.1inch.io
uniswap.org
zks.app
ETH.DHello to all dear traders, I hope you always hunt for big profits.
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
$ETH MARKET CAP ETH DOMINANCEETH dominance, which is important and leading for altcoins, rose to 22.30% and made throwback to 20% level. Now I expect ETH dominance to rise up to 25% and with this rise, ETH and other altcoin prices will react upwards in the coming period.
Altcoinler için önem taşıyan ve liderlik eden ETH hakimiyeti 22,30% lere yükselip yaptığı geri çekilme ile 20% seviyesine geriledi. Bu geri çekilme sonrası ETH hakimiyetinin 25% seviyelerine kadar yükselmesini ve bu yükselme ile önümüzdeki dönemde ETH ve diğer alt coin fiyatlarının yukarı yönlü tepkiler vermesini bekliyorum.
://same idea just 1 week view _ETH.D Chartthis is a short term day to day scale idea. not a heavy buy opp etc. Hope this helps ya all
://when Eth dominance is rejected in-true the alt market will turn green with ETH then BTC leading the way_ again short term idea and true when zoom in... for now
below on the bottom is a fixed ration price chart indicator whatever of _btc _eth _alt market _btc.d _eth.d (go to compare on top left tab of screen and compare away/ to move the panel or compare selection click on the 3 dots tab once indicator info fixed on screen and move around wherever)
C00L STUFFs:
ZKS link and info for V3 n General
Copy of Layer2 NFT Tutorial English - Google Docs
docs.google.com
Networks | ethereum.org intro to ETH life
ethereum.org
Link to ZKS V3 test net and faucet for free test net eth n usdt:
twitter.com
General crypto Market info:
coinpare.io coinmarketcap.com www.coingecko.com
news aggregator/crypto news feed n more
cryptopanic.com
all things crypto market announcements etc calendar
coinmarketcal.com
wallet tracker_
app.zerion.io
txstreet.com
dex’s we use:
app.1inch.io
uniswap.org
zks.app
1inch snx uniswap
for now... when eth dominance turns down eth/btc sm alts pumpthis is a short term day to day scale idea. not a heavy buy opp etc. Hope this helps ya all
://when Eth dominance is rejected in-true the alt market will turn green with ETH then BTC leading the way_ again short term idea and true when zoom in... for now
below on the bottom is a fixed ration price chart indicator whatever of _btc _eth _alt market _btc.d _eth.d (go to compare on top left tab of screen and compare away/ to move the panel or compare selection click on the 3 dots tab once indicator info fixed on screen and move around wherever)
C00L STUFFs:
ZKS link and info for V3 n General
Copy of Layer2 NFT Tutorial English - Google Docs
docs.google.com
Networks | ethereum.org intro to ETH life
ethereum.org
Link to ZKS V3 test net and faucet for free test net eth n usdt:
twitter.com
General crypto Market info:
coinpare.io coinmarketcap.com www.coingecko.com
news aggregator/crypto news feed n more
cryptopanic.com
all things crypto market announcements etc calendar
coinmarketcal.com
wallet tracker_
app.zerion.io
txstreet.com
dex’s we use:
app.1inch.io
uniswap.org
zks.app
1inch snx uniswap
Ethereum Dominance looks ready to moveEthereum looks ready to move just a bit higher. This recent move where BTC dropped in value and traders swapped their BTC for ETH. We just noticed it has gone up and to the right for a while now. People will take profits on it soon and that upward Energy will wane. Or it's about to continue higher into end of the year. After that shake out we just had, its still looking strong in the short term. It's anyones guess in this Choppy December.
when eth dominance stabilizes n eventually turns backUp=GreenDay4 hour look at the ETH.D Chart_
ZKSwap Version (V3) Test Net is up and running/cheep in this case free Minting NFT's , Swaps, Etc_
this eth dominance or ETH.D chart is a strong tell when the market will turn up or down _ esp at the end of a good up trend cycle like we have scene this last month or so (compare the ETH.D with the BTC.D is the best way to look and start to understand this concept of "Alien Planet, Multi-Moon, Tides flow of Crypto That and respect the pump _ ie pay attention to the trends and Hype_ fear and greed index is helpful here) like this_ cryptotracker.cc _dont know this one just a random google fyi
ZKSwap Version or V3 Test Net is LIVE N FR33! MINT NFT's SWAP whatevers cleaver_ got to say user friendly as h3ll but the re brand has me nervous. cross chain L2 DEX_ just like uniswap etc but better and A LOT cheaper one 2oth or more cheaper per swap_ just say that _ easy rite, smilez/later all
faucet.rinkeby.io you can grab additional eth here and then upload to layer 2 zkswap version 3. zkswap will give you a few coins via this test net faucet link as well every 24 hours
Links to ZKSwap V3 test net and faucet_ twitter.com
links to Rinkeby Faucet to get additional test net ETH_ faucet.rinkeby.io
How to use the test net Rinkeby Faucet_ help.twitter.com
twitter.com
twitter.com
Fear and Greed Index_ Random google search found_ cryptotracker.cc
General crypto Market info_
coinpare.io coinmarketcap.com www.coingecko.com
news aggregator/crypto news feed n more_
cryptopanic.com
all things crypto market announcements etc calendar_
coinmarketcal.com
wallet tracker_
app.zerion.io
Eth wei_gas tracker_
txstreet.com
dex’s we use:
app.1inch.io
uniswap.org
zks.app
_HGM out
big indicator for me that heavy alt profits getten loggedRamble of the night"
....big indicator for me that heavy alt profits getten logged
when we see this flat ish slightly to overextended market and eth dominance spikes like this while btc falls off on dominance with flatter price action _what usually happens next is some type of mini alt pump then dump, or some other choppy price action narrative_ culminating as btc dominance spikes and market bleads. Could be this week or end of month (thats the great part about crypto) but this is usually what we see at this point. start building a narritive and slimming down positions so you can move quick in whatever direction this market suddenly goes once she puts us to sleep
Its time for plan "E"its combination of fundamental and technical analysis on ETH
current condition network is like old fossiled car, it is the best at the design but not efficient now! on the other hand, ETH2 update has already filled half of its road map and all the crypto fans waiting for ethereum immigration on POS algorithm and difficulty bomb. Other alternatives like SOL , ADA , TRX ,... are so happy for this condition and the have took the chance to raise up . afte EIP1559 and full up dated ETH2 , we can see the flow of money bach to ETH , because it would have much better scalability and speed ... after all, in comparing with BTC, "the old king" , i would chose the most useful one, same as others ...
technically it can reach 25% dominance of crypto market(wich has almost 10T) in the end of current bull-run, and much higher afte that, in bear market of next cycle
based on ETH total supply, burning rates and so on, you can calculate the prediction of ETH about 10-15K
Ethereum dominance hitting his head to some serious resistanceif we break this resistance, moon mission because its a key level
bull market support band has been a support too despite over extension if we fall below bull market support band, the chart would look a heck a lot like bitcoins chart before the summer drop....
ETH.D Analysis Using GannA Gann Fan analysis
Using the downtrend we can plot two points of Gann (2/1) and (8/1) both can be seen to be support points for the price
The uptrend Gann fan shows continually hitting of the top (1/2) seeing this we can assume that pressure is building up at this resistance point, and the bullflag that has formed above the (8/1) Gann line will smash this resistance
The indicator (MavilimW) I have tried to show a comparison to the (2/1) Gann level, possible repeating pattern on the indicator (green, yellow and red ovals)
Basically I expect ETH dominance to increase dramatically