Bitcoin dominance is an extremely important parameter for traders and investors.
It marks the beginning or end of altcoins season!
CRYPTOCAP:BTC.D
Bitcoin dominance is an important metric for understanding the overall health of the cryptocurrency market. As the most dominant cryptocurrency, it's an indication of the strength and popularity of the asset, and...
• basically the opposite of my YEN BASKET analysis it has formed a downward trendline which is respected for the 4th time last week and tanked down after doing so
• as it reached a significant support level it lost momentum and formed hammers/dojis by that level
• and also formed a downward corrective move which signals a change in direction which is up
• once...
as we can see there is a bullish divergence and its trying to break out and close above fib level, it can fly up to 123 if it does that.
SHORTING is better to be honest since it can dump to 118 and then start to slowly go back up, but the bullish div is showing me smth else...im currently waiting to see what it chooses to do and make an entry :)
I do have a long...
I tried to find a quality “currency strength index” indicator on this platform. The indicators were not what I expected. So I decided to make one (without any programming skills in Pine Script). I added to the DXY (U.S. Dollar Index) the other indexes and all together became a “currency strength index”. What do you think guys?
For this you need another monitor or...
Hey fellas!
Firstly I want to introduce this project. Digitex Futures is a zero-fee, non-custodial futures exchange with its own base currency, the DGTX token. For details you better do some research on internet. But! Don't get late, because the exchange will be opened next week!
Before going into my analysis, I'm following this project from the beginnig(ICO)....
Hey hey hey. Here is my new idea. I think BTC chart is drawing another BOWL pattern as you can see.
BTC price is $7400 these days. But the volume not enough for directly rising. So i'm expecting a lil' retracement to $7000 level. It's could be buying opportunity for short term trade.
And then BTC price will finish drawing bowl pattern at $8000-8800. I think...
