I don't see a great deal of strong support for BTC.D at its current level, some stronger refuge to be found around the 60% region. My analysis indicates a touch of trend line 'A' is likely. It may well try to correct here and give us more of an indication as to what's next. But, I am mindful that we may be heading for confirmation of a falling wedge If 'A' is...
Mystery pattern, could this be a clue for the bull run? Some say that Tight Consolidations like this are clueing a potential major breakout. I will be entering long here!!
Bitcoin dominance chart by market capitalization. You probably noticed that over the past month, many violas went to growth by a large percentage. This can be seen in my trading ideas for some altcoins. Maybe it's not casual?
At the moment, we see that the dominance of bitcoin over other assets is still in an uptrend. % BTC dominance came very close to the...
Hello, Traders!
Monfex is at your service and today we overview Bitcoin Dominance.
Bitcoin's dominance has grown slightly over the past couple of days by bullish div on RSI, but we see that Altcoins on its support levels and on the domination chart BTC has come close to the resistance:
the resistance line of the descending channel
MA100
the...
Hello, Traders!
Monfex is at your service and today we overview BTC Dominance with ETH/USD LTCUSD EOSUSD XRPUSD.
We see how altcoins grow stronger on the chart of BTC domination, but what really happens ?
Short Coin's review:
XRPUSD
A more bullish scenario, but Ripple is approaching to the line of resistance on the daily chart ~ $ 0,28 .
ETHUSD
Bear...
The Bitcoin dominance compared to the Altcoins is looking weak right now.
It tried three times to break through the trend channel the last couple days, but
could not manage to clearly stay outside of it (H4 timeframe). The last 4h candle closed inside
the channel. If the daily candle closes inside the channel today, we can expect a downside
of the BTC ...
