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BTC.D:
#Bitcoin dominance on the monthly timeframe clearly shows the current scenarios and potential movements. Currently, it is hovering at a strong monthly resistance zone. If the resistance holds strong, then we might see a rejection now and witness it retracing down to lower levels. This would indeed be favorable for altcoin movements and possibly signal the start of a bull run.
In case it breaks out, we might see choppy market conditions persist despite BTC movements.
We will endeavor to keep you updated accordingly.#btcd #dominance #crypto
#Bitcoin dominance on the monthly timeframe clearly shows the current scenarios and potential movements. Currently, it is hovering at a strong monthly resistance zone. If the resistance holds strong, then we might see a rejection now and witness it retracing down to lower levels. This would indeed be favorable for altcoin movements and possibly signal the start of a bull run.
In case it breaks out, we might see choppy market conditions persist despite BTC movements.
We will endeavor to keep you updated accordingly.#btcd #dominance #crypto
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LIVEUlvan
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#btc #dominance #altcoins
People wonder why alts lack behind sometimes when btc is up, its because the move in the market is main focused on btc and we can see that by monitoring btc dominance, we have sayed in the past and we say now there wont be a parabolic move up in alts if we dont get a parabolic drop down in Btc Dominance and all this to happen while USDT dominance stays flat.
People wonder why alts lack behind sometimes when btc is up, its because the move in the market is main focused on btc and we can see that by monitoring btc dominance, we have sayed in the past and we say now there wont be a parabolic move up in alts if we dont get a parabolic drop down in Btc Dominance and all this to happen while USDT dominance stays flat.
Hey traders, I hope you all are doing great. Here's a quick update on the USDT Dominance in a 2-day timeframe.
The USDT.D is still above the support 1 level showing the possibility of a bounce back anytime soon. With the RSI at the oversold zone, the chances are higher. The crypto market movement has been good and needs a correction to balance the chart. With the weekly close below $36K on BTC, rejection is most likely to follow.
If the USDT.D breaks down below the support 1 level, then we will see some great green boost on BTC and other altcoins and support 2 will become the new support level for the dominance.
That's it from my end. I hope you find this post information. DYOR before making any decision.
Thank you and trade safely.
The USDT.D is still above the support 1 level showing the possibility of a bounce back anytime soon. With the RSI at the oversold zone, the chances are higher. The crypto market movement has been good and needs a correction to balance the chart. With the weekly close below $36K on BTC, rejection is most likely to follow.
If the USDT.D breaks down below the support 1 level, then we will see some great green boost on BTC and other altcoins and support 2 will become the new support level for the dominance.
That's it from my end. I hope you find this post information. DYOR before making any decision.
Thank you and trade safely.
$XRP #dominance It was time. But the market always corrects after xrp rises. It is better to be careful.
%30 xrp, %30 usdt %30 hold
%10 futures with stop
%30 xrp, %30 usdt %30 hold
%10 futures with stop
USDT Dominance Update:We have been analyzing the USDT.D in a bigger timeframe. Today, let's bring it down to the hourly timeframe.In this one-hour TF, the USDT.D is currently trying its best to push the dominance in an upward direction. With the support at 6.74%, it is most likely to see the USDT.D bouncing back but maybe not up to the resistance trendline. At present, BTC and other altcoins are making green rallies, and soon a correction is required to balance off the market.On the bullish side, in order to continue the green rally, the USDT.D must break down below the supporting trendline.I hope this information was helpful. Thank you for reading and trade safely.
#USDT #dominance #BTC
#USDT #dominance #BTC
Crypto Market Stats đ
Market Cap: $970,010,072,696
BTC Dominance: 39.84%
24h Volume: $154,009,074,446
#Binance #marketcap #BTC #dominance #crypto2023
Market Cap: $970,010,072,696
BTC Dominance: 39.84%
24h Volume: $154,009,074,446
#Binance #marketcap #BTC #dominance #crypto2023
#BTC DOMINANCE UPDATE
Bitcoin Dominance is approaching the 46% resistance which correlated with the level 1 by Fibo. Strong resistance from where we can expect a rejection
#BTC #dominance #dyor
Bitcoin Dominance is approaching the 46% resistance which correlated with the level 1 by Fibo. Strong resistance from where we can expect a rejection
#BTC #dominance #dyor
Crypto Market Stats đ
Market Cap: $1,034,957,661,056
BTC Dominance: 40.42%
24h Volume: $98,079,116,899
#Binance #BTC #marketcap #volume #dominance
Market Cap: $1,034,957,661,056
BTC Dominance: 40.42%
24h Volume: $98,079,116,899
#Binance #BTC #marketcap #volume #dominance
We hope so for Bitcoin but of course Bitcoin dominance can slowly come down#Binance #crypto2023 #BTC #BNB #dominance
#BTC dominance might form a C&H pattern so in this case we would see a pullback of BTC.D before bouncing and growing again. In that timeframe I expect to see #Altcoin pumping and making a run #dominance #Binance #bitcoin
Around 35% of projects in the crypto sector are headquartered in the United States, suggesting the country's dominance in the digital asset sector.
#crypto2023 #dominance #crypto
#crypto2023 #dominance #crypto
Crypto Market Stats Live đ
Market Cap: $1,043,999,556,070
BTC Dominance: 40.20%
24h Volume: $101,950,664,725
Source Telegram Channel
t.me/binance7btc
#BTC #dominance #volume #marketcap #crypto2023
Market Cap: $1,043,999,556,070
BTC Dominance: 40.20%
24h Volume: $101,950,664,725
Source Telegram Channel
t.me/binance7btc
#BTC #dominance #volume #marketcap #crypto2023
LIVEUlvan
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#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.
LIVEUlvan
--
#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.
Hello Traders,
Quick update on USDT Dominance over 2 day period.
USDT Dominance broke below the previous support (6.45%), now acting as resistance. This breakdown spurred the crypto market to rally higher. There's a possibility it could dip further to 5.8%, a strong support level. However, before that, I anticipate USDT.D might attempt to break the resistance at 6.45%. If unsuccessful, a rejection is likely.
Note: The crypto market hasn't signaled a correction yet, so trade cautiously. The trend is bullish, offering profit potential. To safeguard your earnings, always use a Stop Loss. NEVER TRADE WITHOUT IT.
Hope this update proves helpful. Please like, share, and follow for more.
Best regards,
Team Dexter.
#CryptoMarkets #USDT #dominance
Quick update on USDT Dominance over 2 day period.
USDT Dominance broke below the previous support (6.45%), now acting as resistance. This breakdown spurred the crypto market to rally higher. There's a possibility it could dip further to 5.8%, a strong support level. However, before that, I anticipate USDT.D might attempt to break the resistance at 6.45%. If unsuccessful, a rejection is likely.
Note: The crypto market hasn't signaled a correction yet, so trade cautiously. The trend is bullish, offering profit potential. To safeguard your earnings, always use a Stop Loss. NEVER TRADE WITHOUT IT.
Hope this update proves helpful. Please like, share, and follow for more.
Best regards,
Team Dexter.
#CryptoMarkets #USDT #dominance
