Trying out a few geometric techniques on different markets. Seasonal trade.
Hi Traders! In the last two analyzes, we have focused on bitcoin and so far have been wonderful! Today is the time for a smaller altcoin. As a potential profitable candidate, we choose Enigma today. On the chart, we can see 3 basic cycles on the market. The bull market, bear market and sideway movement. At the moment, ENG creates bigger highs and bigger lows...
Bitcoin dominance is clearly laid out in elliot waves. Alt season is here?! Who knows? Good luck!
Hey everyone! I wanted to update you on two option for the BTC DOMINANCE on the 3-Day. With BTC dominance struggling to get above 71% & 73% it is possible that ALT SEASON is upon us. However, be ready. BTC can blast off at a moments notice leaving ALTS in the dust. So, these are the two options I see for BTC dominance over 2020. Be ready. Who knows? Good...
Like that weird lobster General said in Star Wars: "It's a TWAP!" Good returns on EOS and other markets lately, looking healthy but some cooling off needed for a few days to a week at least. Bearish divergences showing up on some of the best indicators. If you're day-trading, take your profits and wait for pullback. Happy Hunting :) :)
Capitulation is basically when Miners stop mining and sell some of their bitcoins to keep operations going. However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes. It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak. Power consumption costs are higher...
ALTs sell off will come soon. BTC is ready to break out channel throught support line. It is great thing cause it will lead to huge panic! Have fun bitcoin maximalists^)^
Here we can see a potential abc correction on Bitcoin, I think it is a very reasonable scenario expecially after the death cross. Many alts are likely to be whiped out. BTC dominance above 80%. Only then.... The Moon.
April and July are key months in price action for lean hogs. This past year it seems people got smart and tried to pre-trade the historical trend, as evidenced from the earlier upswing to the earlier downswing.
Bitcoin dominance is falling rapidly, which shows growing interest in Altcoins, especially top Altcoins which have enabled Margin Trading. From what it seems, the alt season has already started, but it might not last that long. According to my analisis BTC.D will continue to move down, towards 60% dominance till the end of this year. Then BTC might take the lead...
BTC Dominance fell off the bearish wedge. RSI is showing a triple divergence. Looks like alt season is around the corner. Good luck everyone!
I'm a noob so looking for feed back. A lot of Alts have macro falling wedge set ups.. you think this could mean BTC is in consolidation for some months to come and Alt season kicks off?
In the first ever post coming from BitOwned, I'm going to drop some knowledge. This is something I kept secret for me and some select people that have been chasing with me the next altcoins bull market. All this until today, when I decided to share the knowledge with you and everyone who would like to join our community and be part of this group. If you're...
EW analsysis of BTC dominance shows that we should be in wave 4 of the last wave 5 of 5. It s synonym of mini alt season, it will be followed by a wave 5 where BTC will pump again against alts, then it will be the crash and a big one. The targets for the wave 4 are in red on the chart. I tend to think the first red line at the 23.6 retracement is the most...
keep it simple, confluence at 0.618 and area of resistance on daily time frame
I guess Ethereum have atleast one shot against Bitcoin in next cycle. best scenario if ETH/BTC reach my target ETH/USD 4.000 USD other scenario is ETH/BTC reaches lower high and ETH/USD top at 1.000USD wrost scenario is ETH goes all time low on ETH/BTC chart slowly.. and sideways around 300-400USD Good Luck.