dominance
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#btc#dominance tp hit all
enjoy your profit
enjoy your profit
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#BTC.D
• Bitcoin #dominance is behaving as anticipated. It encountered resistance at the 60.6% level and is currently retracing.
• If the current trend persists, we may observe a decline to the 58.5% range.
• In the interim, we might witness some momentum in alts and the emergence of certain catalyst altcoins among the top gainers.
Trade Accordingly !!!
• Bitcoin #dominance is behaving as anticipated. It encountered resistance at the 60.6% level and is currently retracing.
• If the current trend persists, we may observe a decline to the 58.5% range.
• In the interim, we might witness some momentum in alts and the emergence of certain catalyst altcoins among the top gainers.
Trade Accordingly !!!
#BTC.D
• #Bitcoin #dominance appears to be facing challenges at a significant resistance level of 60.6%, resulting in a retracement.
• Should the current momentum persist, there is a possibility of further retracement towards 58.5% or even lower levels.
• Such a scenario could potentially lead to a gradual rise in the performance of alternative cryptocurrencies, with some potentially emerging as top gainers.
Get Ready !!!
• #Bitcoin #dominance appears to be facing challenges at a significant resistance level of 60.6%, resulting in a retracement.
• Should the current momentum persist, there is a possibility of further retracement towards 58.5% or even lower levels.
• Such a scenario could potentially lead to a gradual rise in the performance of alternative cryptocurrencies, with some potentially emerging as top gainers.
Get Ready !!!
#btc #dominance #altsesaon #ETHETFS
This sunday popcorn ready and lets see if we finally have our breakdown in rsi and price from the trendline, best would be a W close under 53.80% as we would fall under our previous supply and fresh demand.
Doubble top loading......
This sunday popcorn ready and lets see if we finally have our breakdown in rsi and price from the trendline, best would be a W close under 53.80% as we would fall under our previous supply and fresh demand.
Doubble top loading......
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#usdt #dominance #altcoins
Finally yesterday we had our w close under 4.80% and we started allready droping currently 4.66%, but because btc.d is still rising alts arent bouncing strong, but pattience soon theyre time will come aswell.
Finally yesterday we had our w close under 4.80% and we started allready droping currently 4.66%, but because btc.d is still rising alts arent bouncing strong, but pattience soon theyre time will come aswell.
Guys Please React .. According to the #BTC #dominance chart, do you think the next 24 hours will be good for the ALTS, or it will breakout and the entire market will fu@#d up ?
🥴 The next 24 hours will be Good for altcoins
😁 The next 24 hours will be Bad for altcoins
#altcoins #MicroStrategy #BlackRock
🥴 The next 24 hours will be Good for altcoins
😁 The next 24 hours will be Bad for altcoins
#altcoins #MicroStrategy #BlackRock
USDT DOMINANCE is facing this upper teandline as a resistance expecting some good rejection then we will see some good bounce on ATS.The chert will be invalid if any candle closes above the upper resistance.#Crypto #dominance
#btc #dominance #alts #altseason
One thing most dont understand is that the parabolic move in alts happens when we have a parabolic drop in btc dominance, thats when we get the rotation from btc into alts, while usdt.d stays flat.
One thing most dont understand is that the parabolic move in alts happens when we have a parabolic drop in btc dominance, thats when we get the rotation from btc into alts, while usdt.d stays flat.
It appears that #dominance is currently trading within a symmetrical triangle pattern.
As we all know, we need a breakout or breakdown to confirm the next move. At present, it is facing resistance levels between 5.88% to 5.90%. In case dominance gets rejected, we may see a good bounce or relief on BTC and ALTS.
#crypto
As we all know, we need a breakout or breakdown to confirm the next move. At present, it is facing resistance levels between 5.88% to 5.90%. In case dominance gets rejected, we may see a good bounce or relief on BTC and ALTS.
#crypto
Is Ether’s Strength at $2,500 a Sign of Bullish Momentum? 🔥
#Ether remains resilient at the $2,500 support level, defying bearish trends in the crypto market.
Despite a rise in futures liquidations, ETH broke through resistance at $2,500, reaching highs of $2,614.
On-chain analytics reveal Ether's increasing share of open interest, climbing from 21.8% to 26.5%. The dominance of ETH against Bitcoin has surged to a three-month high, marking a +22.4% increase in the past week.
Ethereum's price #dominance , coupled with the creation of 89,400 new addresses daily, highlights its growing traction. Notably, 96,300 wallets were created on Jan. 16 alone. On-chain metrics further indicate ETH's supply on exchanges nearing its all-time low, suggesting a shift towards self-custody and staking, reducing the risk of an imminent sell-off.
In parallel, Ethereum's latest upgrade, "Dencun," has gone live on the Goerli testnet. #EIP-4844 implementation is expected to lower transaction costs on layer 2s and introduce new features. The upgrade's testing schedule includes milestones on Jan. 30 and Feb. 7, with no mainnet implementation date announced yet.
#Binance
#crypto2024
#Ether remains resilient at the $2,500 support level, defying bearish trends in the crypto market.
Despite a rise in futures liquidations, ETH broke through resistance at $2,500, reaching highs of $2,614.
On-chain analytics reveal Ether's increasing share of open interest, climbing from 21.8% to 26.5%. The dominance of ETH against Bitcoin has surged to a three-month high, marking a +22.4% increase in the past week.
Ethereum's price #dominance , coupled with the creation of 89,400 new addresses daily, highlights its growing traction. Notably, 96,300 wallets were created on Jan. 16 alone. On-chain metrics further indicate ETH's supply on exchanges nearing its all-time low, suggesting a shift towards self-custody and staking, reducing the risk of an imminent sell-off.
In parallel, Ethereum's latest upgrade, "Dencun," has gone live on the Goerli testnet. #EIP-4844 implementation is expected to lower transaction costs on layer 2s and introduce new features. The upgrade's testing schedule includes milestones on Jan. 30 and Feb. 7, with no mainnet implementation date announced yet.
#Binance
#crypto2024
#usdt #dominance #alts
USDT.d 4.80% is the key level for now, what was a strong supply previously is turning now into demand, hopium for alts until we stay under wma200, rally for alts if we fall under 4.80% again in a W close.
USDT.d 4.80% is the key level for now, what was a strong supply previously is turning now into demand, hopium for alts until we stay under wma200, rally for alts if we fall under 4.80% again in a W close.
#btc #dominance #altsesaon #ETHETFS
This sunday popcorn ready and lets see if we finally have our breakdown in rsi and price from the trendline, best would be a W close under 53.80% as we would fall under our previous supply and fresh demand.
Doubble top loading......
This sunday popcorn ready and lets see if we finally have our breakdown in rsi and price from the trendline, best would be a W close under 53.80% as we would fall under our previous supply and fresh demand.
Doubble top loading......
#usdt #dominance #altcoins
Usdt.d is falling hard as btc.d is rising, for alts would be perfect if usdt.d in W closes under previous supply at 4.80% that would give alts the space to move up in upcomming weeks.
Usdt.d is falling hard as btc.d is rising, for alts would be perfect if usdt.d in W closes under previous supply at 4.80% that would give alts the space to move up in upcomming weeks.
#btc #dominance #alts #altseason
Most are not prepared for what is comming in upcomming weeks if we finally start the big breakdown in btc.d , look my previous posts about btc.d then you understand what i am trying to say here.
Most are not prepared for what is comming in upcomming weeks if we finally start the big breakdown in btc.d , look my previous posts about btc.d then you understand what i am trying to say here.
#tether #USDT #dominance
USDT.D update: Today we have W close for usdt.d, we talked about the rejection at 5.85% and losing 5.30% in W, so we are currently under 5.30% it would be positive for alts if we loose 5.30% in W USDT.d, but eyes will be on 5.00% and 4.80% as a psssible support.
USDT.D update: Today we have W close for usdt.d, we talked about the rejection at 5.85% and losing 5.30% in W, so we are currently under 5.30% it would be positive for alts if we loose 5.30% in W USDT.d, but eyes will be on 5.00% and 4.80% as a psssible support.
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USDT Dominance Forms a Descending Triangle: Key Breakout Levels
USDT dominance is currently forming a descending triangle pattern. A breakout or breakdown of this triangle, followed by a successful retest, will confirm the next direction of movement. It is important to note that the movement of USDT dominance is generally inversely proportional to the movement of the cryptocurrency market.
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Bitcoin Dominance Analysis: Breakout Could Signal a Market Shift
Current situation
BTC dominance is currently moving within a symmetrical triangle. The price is trying to break out of the triangle, which can signal a bullish trend if the breakout is successful and then retested. If the breakout is rejected, the price may continue to move inside the triangle.
BTC dominance is currently moving within a symmetrical triangle. The price is trying to break out of the triangle, which can signal a bullish trend if the breakout is successful and then retested. If the breakout is rejected, the price may continue to move inside the triangle.
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MARKET UPDATE: USDT SHARE
The USDT share is currently trading below an important horizontal resistance level. This zone will be key in determining the next major move in the market. Here is a detailed analysis of the current situation and its implications.
Current situation:
The USDT share has encountered an important resistance level and is currently trading just below it. The market is closely monitoring whether this level can be successfully retested, which will confirm the continuation of the bearish trend. On the contrary, if the price regains horizontal support, it will indicate a possible transition to bullish momentum.
Current situation:
The USDT share has encountered an important resistance level and is currently trading just below it. The market is closely monitoring whether this level can be successfully retested, which will confirm the continuation of the bearish trend. On the contrary, if the price regains horizontal support, it will indicate a possible transition to bullish momentum.