Hi traders! Today we will look at the cryptocurrencies capitalization chart to complement the previous analysis . If we want to know what the market is like, it is not enough to do just a bitcoin analysis. The world's leading traders are doing the following analyzes - bitcoin, BTC dominance, cryptocurrency capitalization and long / short ratio . After such a...
Hi traders! Today, we are explaining a special chart - bitcoin dominance . Let's deep dive! Bitcoin dominance is in percentage. It represents the number of percentage of total capital currently allocated in bitcoin . Depending on its growing or falling trend, we can determine the correlation of altcoins. Let's examine possible cases. If both bitcoin dominance...
Hi traders! We are going to analyse ENJ/BTC today. It's the first time we are going to look at low cap altcoins against bitcoin. Why just now? It's not any secret, bitcoin dominance has been falling . Despite this trend, many altcoins look very good on charts. Crypto cycle has remained the same. Growth - fall - connsolidation and again. As bitcoin was...
Hi traders! Let'shave a look at NEO/USD analysistoday. If you are going to readcarefully and compare charts, youwillfindtheanalysisapplicablefornearly all big altcoinsagainstdollar. We are currently 99% done withthecorrection and wave B/2.There's a fallingwedge at the end of thewholedowntrend, whichwasbrokenupwards. Fallingwedgeistypicalforwave 5. At thesametime,...
EOS - The biggest loser of the last days Hello traders! We have been experiencing huge downturns in the last 2 weeks. Today we look at the coin, which probably got the most out of the TOP 20. We will speak about the EOS coin. At the beginning of June, this coin traded at $ 8.67 and is currently at $ 3.70 . This is more than a 60% decrease per month and...
Hi traders! Today we are going to look at ETH/USD analysis on Bitfinex . ETH is now undertaking soft correction as well as all the other altcoins. However, where could the correction come to an end? Trading is a game of probability and statistics and therefore we are going to introduce you to 2 possible scenarios and going to assign them a % chance to achieve...
Hello traders! Today we look at XRP / USD analysis. XRP is the 3 largest cryptocurrency by capitalization. This coin is typical in that it has an absolutely different graph and structure than the remaining coins. Most people still remember it from 2017 when they made an extreme increase in 1 month. However, since then it has been very weak from XRP. Current...