• April 17, 2025, 7:30 am
• April 17, 2025, 7:11 am
• April 17, 2025, 7:10 am
• April 17, 2025, 7:07 am
Thursday, April 17, 2025
Wednesday, April 16, 2025
Worries about BTC Dominance for your Alts?
Worries about BTC Dominance for your Alts?
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
Bitcoin Dominance Is Very Close to a Downtrend – Altcoin Season Is Near
Bitcoin dominance is likely to enter a downtrend soon—because no uptrend lasts forever. This shift may occur within just a few weeks. As you can see in our current Scenario1
, Bitcoin dominance might sweep its previous high and reverse from there. However, if a daily candle closes above the previous high, then we move into Scenario 2.
In Scenario 2, we look toward the 0.786 Fibonacci level, which is known as a strong retracement zone. Whenever price reaches this level, it typically experiences a significant pullback or even starts a new downtrend. This gives us two strong confluences already.
The third major confluence is that on the weekly timeframe, the RSI (Relative Strength Index) is consistently showing bearish divergence—which is often a clear signal that a reversal is near.
Fourth confluence 21 EMA is getting close on 1W Time frame breaking 21 Ema can trigger a downtrend for BTC dominance.
Don't lose hope.
In short, Bitcoin dominance is close to reversing, and you just need to be a little more patient. The altcoin season you’ve been waiting for is coming soon.
If you’ve made it this far—after so much pain, so many difficulties, and countless moments of doubt—then hold on just a little longer. Success is near, and your patience will soon be rewarded.
Comment if you like my work and free premium updates like this and follow me to save yourself from losses and being on the wrong side.
Your comment motivates me
source https://www.tradingview.com/chart/BTC.D/IRQLwk3s-Worries-about-BTC-Dominance-for-your-Alts/
The Future of Web3 Starts Here: Protocol AI's New Crypto Vision, Presale Ongoing
• April 16, 2025, 9:31 am
• April 16, 2025, 9:30 am
• April 16, 2025, 8:30 am
• April 16, 2025, 7:43 am
• April 16, 2025, 7:32 am
Tuesday, April 15, 2025
NEO/USDT
NEO/USDT
NEO / TetherUS PERPETUAL CONTRACT BINANCE:NEOUSDT.P
Key Level Zone: 5.430 - 5.460
HMT v8 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
Important Note :
Role of Key Levels:
- These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns.
- Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa).
My Trading Rules
Risk Management
- Maximum risk per trade: 2.5%.
- Leverage: 5x.
Exit Strategy
Profit-Taking:
- Sell at least 70% on the 3rd wave up (LTF Wave 5).
- Typically, sell 50% during a high-volume spike.
- Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio.
- If the market shows signs of losing momentum or divergence, ill will exit at breakeven.
The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
HMT v3.1:
- Enhanced entry confirmation for improved reward-to-risk ratios
HMT v4.0:
- Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling
HMT v4.1:
- Enhanced take-profit (TP) target by incorporating market structure analysis
HMT v5 :
Date: 23/01/2025
- Refined wave analysis for trending conditions
- Incorporated lower timeframe (LTF) momentum to strengthen trend reliability
- Re-aligned and re-balanced entry conditions for improved accuracy
HMT v6 :
Date : 15/02/2025
- Integrated strong accumulation activity into in-depth wave analysis
HMT v7 :
Date : 20/03/2025
- Refined wave analysis along with accumulation and market sentiment
HMT v8 :
Date : 16/04/2025
- Fully restructured strategy logic
source https://www.tradingview.com/chart/NEOUSDT.P/mR5o9KMY-NEO-USDT/
Subscribe to:
Comments (Atom)