OTHERS.D: Inverted head and shouldersOTHERS.D: Inverted Head and Shoulders
The market capitalization of other cryptocurrencies in%
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OTHERS.D trade ideas
OTHERS.D - Sh*tcoins dominatingRisk-on sh*tcoins leading crypto as the Btc halving nears. OTHERS looking strong. This chart looks like a pivot breakout. Or is it overbought and at the top of a range? Place your bets.
several technical reasons for growth 📈I forgot to mention altcoins in my Bitcoin forecast.
1.First og all, it’s worth to note that the monthly Bitcoin chart indicates a rapid growth, which means that in general the market segment will grow
2. altcoin dominance chart looks bullish too and technically we have:
1. confident rebound from a strong support zone ✔
2. H&S pattern ✔
3. possible pennant pattern ✔
4. expanding formation ✔
5. crossing MACD.
so everything looks pretty bullish for low cap altcoins. 🚀
thanks for reading it, drop a like or comments and check my monthly forecast for bitcoin
DEATH CROSS SOON ON ALTCOINS DOMINANCEthe top 10 alts excluding btc seem to experience a death cross soon. Death cross is always LAGGING, meaning that when it happens, the movement most likely already occurred (otherwise that would not be a death cross). Note that this is not a real death cross as the 200MA is positively sloped. Anyway the 50 one will likely go below it, after it breaks below the 100 as it is doing now.
What does it mean? The dominance decreases, meaning that they lose market share compared to btc: if it goes down, alts go down more. Can they go up less if btc increases? No, mrkt dominance for alts decreases only in bearish times, as when btc goes up it remains steady or increases due to euphoria on the crypto world. This reinforces the previous idea (linked below) of an imminent retracement.
Altcoins after JulyAltcoins may rise or fall tremendously after July end. Behaviour of DASH will help us in identifying the trend.
Altcoin Dominance ahead??This is my 1st idea. Not sure how to use Tradingview tools; I guess Altcoins have a lot of potential than Bitcoins. Breakout of DASH will help us in understanding the market.
ALTCOIN DOMINANCE BOUNCE!I believe Altcoins dominance may hold support at where these 3 weekly moving averages the 21, 50 and the 200 are converging at the same time, pretty amazing that its wicked up from them. Altcoins may rally soon so buy some good ones that are trending up, #POWR #AION $POWR $AION, HODL my friends, HODL!!!!!
The dominance of Altcoins is Long nowOur indicators are referring to long signal for the altcoins so most coins should retreat its loss last night
How market could not boom in adoption phase? You see that parabolic and straight development of market.
First boom was before adoption with excitement, second will be with enjoyable usage.
Adoption done but not told us.
Halving will be priced in cyrptos.
Not an advice.
Market Cap Others Dominance TA Update (Short-term Altseason?)Market Cap Others Dominance manages to break this key trend-line resistance after battling for many months and now, we are seeing Altcoins putting up gains over 100% in a short period.
We can expect the Altcoin Dominance to rise to 10 levels before we can see another major downward action for months of consolidation again.
UPDATE: 08/01/2020 "#AltcoinDominance almost ready for launch!"UPDATE: 08/01/2020 #AltcoinDominance "Altcoin Dominance almost ready for launch!"
UPDATE:23/11/2019 #AltcoinDominance regular flat wave correctionUPDATE:23/11/2019 #AltcoinDominance regular flat wave correction
It Is The Altcoins Turn | Boom Alts, Bust BTCWe looked at the Bitcoin Dominance Chart (BTC.D) as well as XBTUSD, both charts are showing signals of a peak being reached, which means that a retrace/correction should be taking place now.
In a bullish cycle, when Bitcoin takes a pause to breathe, retrace, and correct, the altcoins do not follow, they simply build up and start to pay.
IT IS THE ALTCOINS TURN!
Bitcoin is just an extra for us, we trade altcoins but why?
Why do we trade mainly altcoins?
Bitcoin is really big and big means more money to move, harder to make the big swings that we so much love, so we focus our energy, attention, and money on the altcoins, as they can produce bigger gains more profits than any other instrument available for trading all across the world.
Looking at the chart for OTHERS.D, it is pretty easy to see what I mean.
We have increasing volume for the bulls and a reversal signal as soon as EMA100 (in purple) hit.
There can be another small drop to test MA200 and then the altcoins will grow just as we predict...
I am not saying what will happen, just sharing what I see by looking at my screen.
It is the altcoins turn, there are hundreds of charts telling us this... Will you take advantage of this opportunity or will you continue to believe that the cryptocurrency markets will continue dropping forever and there won't be any more profits for those of us who trade and win.
Just writing... You just wait and see.
Regardless of what happens... BITCOIN & CRYPTOCURRENCY, IN THE END, WILL DEFINITELY WIN .
Namaste.
Dominance exclude bitcoinPlease first give it a like.
We could see brake above resistance in coming weeks and that would mean a trend reversal, buth if we fail to close candle abbove resistance, that would mean a long bear market on alts.
It Is The Altcoins Turn | Boom Alts, Bust BTCWe looked at the Bitcoin Dominance Chart (BTC.D) as well as XBTUSD, both charts are showing signals of a peak being reached, which means that a retrace/correction should be taking place now.
In a bullish cycle, when Bitcoin takes a pause to breathe, retrace, and correct, the altcoins do not follow, they simply build up and start to pay.
IT IS THE ALTCOINS TURN!
Bitcoin is just an extra for us, we trade altcoins but why?
Why do we trade mainly altcoins?
Bitcoin is really big and big means more money to move, harder to make the big swings that we so much love, so we focus our energy, attention, and money on the altcoins, as they can produce bigger gains more profits than any other instrument available for trading all across the world.
Looking at the chart for OTHERS.D, it is pretty easy to see what I mean.
We have increasing volume for the bulls and a reversal signal as soon as EMA100 (in purple) hit.
There can be another small drop to test MA200 and then the altcoins will grow just as we predict...
I am not saying what will happen, just sharing what I see by looking at my screen.
It is the altcoins turn, there are hundreds of charts telling us this... Will you take advantage of this opportunity or will you continue to believe that the cryptocurrency markets will continue dropping forever and there won't be any more profits for those of us who trade and win.
Just writing... You just wait and see.
Regardless of what happens... BITCOIN & CRYPTOCURRENCY, IN THE END, WILL DEFINITELY WIN .
Namaste.
----
BTC.D | Bitcoin Peaked? Prices Are Likely To Move Lower
XBTUSD | Bitcoin Will Now Move Down To $7638 At The Least... READ FIRST
Altcoins About To Experience A Bullish ExplosionHere we have the Market Cap Others Dominance (OTHERS.D) chart which is almost ready for The Year of Change, 2020.
Right now we have EMA50 and EMA100 working as resistance, but when these levels are broken, we will see OTHERS.D gain great momentum while moving up.
If EMA50 cannot be conquered this week, we are likely to see EMA10 (6.35) and MA200 (6.29) tested and from there another attempt at breaking EMA50/100 for the strong bullish jump.
We are likely to see astonishing growth for the Altcoins Market within 1-3 months.
Thanks a lot for reading.
Namaste.
