Forwarded from Premium Universal Crypto Signals
#LEARNING
✅ BTC dominance and MarketCap Relation✅
1. Increasing BTC dominance & Decreasing Marketcap -- Alts heavy dump, BTC down
2. Increasing BTC dominance & Increasing marketcap -- BTC faster growth, Alts 5-10% changes..
3. Decreasing BTC dominance and Decreasing Market cap -- BTC dump & Alts 5-10% change
4. Decreasing BTC dominance and increasing Marketcap -- BTC uptrend and Alts pumps (Alts Party 🚀)
You should hold BTC and USDT (or Fiat) for buying Alts and BTC in dip respectively..
Regards,
Saviour
Contact @team_ucs1 and @cryptosaviour
✅ BTC dominance and MarketCap Relation✅
1. Increasing BTC dominance & Decreasing Marketcap -- Alts heavy dump, BTC down
2. Increasing BTC dominance & Increasing marketcap -- BTC faster growth, Alts 5-10% changes..
3. Decreasing BTC dominance and Decreasing Market cap -- BTC dump & Alts 5-10% change
4. Decreasing BTC dominance and increasing Marketcap -- BTC uptrend and Alts pumps (Alts Party 🚀)
You should hold BTC and USDT (or Fiat) for buying Alts and BTC in dip respectively..
Regards,
Saviour
Contact @team_ucs1 and @cryptosaviour
Forwarded from $
Double Bottom :
The Double Bottom technical analysis charting pattern is a common and highly effective price reversal pattern.
To create a double bottom pattern, price begins in a downtrend, stops, and then reverses trend. However, the reversal to the upside is short-term. Price breaks again to the downside only to stop again and reverse direction upwards. With the second bottom of the double bottom pattern, it is usually more bullish if the second low is higher than the first low.
Double Bottom Potential Buy Signal :
A potential buy signal is given when the confirmation line is penetrated to the upside. The confirmation line is drawn across the top of the double bottom pattern (see chart above). Often, after price penetrates the confirmation line, price will retrace for a short time, sometimes back to the confirmation line. This retracement offers a second chance to get into the market long.
(1/2)
#LEARNING
@bitmexsaviours
The Double Bottom technical analysis charting pattern is a common and highly effective price reversal pattern.
To create a double bottom pattern, price begins in a downtrend, stops, and then reverses trend. However, the reversal to the upside is short-term. Price breaks again to the downside only to stop again and reverse direction upwards. With the second bottom of the double bottom pattern, it is usually more bullish if the second low is higher than the first low.
Double Bottom Potential Buy Signal :
A potential buy signal is given when the confirmation line is penetrated to the upside. The confirmation line is drawn across the top of the double bottom pattern (see chart above). Often, after price penetrates the confirmation line, price will retrace for a short time, sometimes back to the confirmation line. This retracement offers a second chance to get into the market long.
(1/2)
#LEARNING
@bitmexsaviours
Forwarded from $
Double Bottom :
(2/2)
Volume also plays an important part of interpreting the Double Bottom pattern.
Generally, volume should explode when the confirmation line is penetrated as it did in the chart..
The Double Bottom reversal pattern is a heavily used charting reversal pattern. Another similar and popular bottom reversal pattern is the Reverse Head & Shoulders Pattern..
(2/2)
#LEARNING
@bitmexsaviours
(2/2)
Volume also plays an important part of interpreting the Double Bottom pattern.
Generally, volume should explode when the confirmation line is penetrated as it did in the chart..
The Double Bottom reversal pattern is a heavily used charting reversal pattern. Another similar and popular bottom reversal pattern is the Reverse Head & Shoulders Pattern..
(2/2)
#LEARNING
@bitmexsaviours
Forwarded from Premium Universal Crypto Signals
#LEARNING
Ichimoku Clouds Explained
https://www.binance.vision/amp/economics/ichimoku-clouds-explained?__twitter_impression=true
Ichimoku Clouds Explained
https://www.binance.vision/amp/economics/ichimoku-clouds-explained?__twitter_impression=true