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Ethereumdominance

BTC Rebound But More Chance for ALTSBTC is touching the SMA 50. RSI is oversold, MACD is still crossing down, and Money Flow struggling around the zero mark. Lots of USD stablecoin mints and transfers to exchanges today. My instinct is that we'll see a slight rise to BTC while Bitcoin dominance drops below 50 and most of the money will flow into ETH and other high cap ALTS creating the real altseason many are waiting for. I realize I'm posting a BTC chart and will get hate for this, but that's how I see it. Make sure to check the related idea below of btc/eth comparison to see further where I'm coming from.
COINBASE:BTCUSD
by Eldal
Ethereum Dominance (ETH.D) - September 23Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- (1D full period chart) Breaking above the 9.30 point formed an upward trend. And, by breaking through the 10.99 point, we reached a bullish market. We think we are ready to create a new wave by breaking through the 9.30 and 10.99 points, which are important points on the ETH dominance chart. In addition, by touching the important section 13.27-14.26, I confirmed my will to create a new wave. It remains to be seen whether it will gain support and create a new wave at the uptrend line (2) and at 11.70. Also, I think it is important not to fall below the 10.99 point. -------------------------------------------------- ------------- (ETHUSD 1D chart) The ETH dominance chart and the ETH price chart look very similar. It remains to be seen if it can rise above the uptrend line (5). If it falls, you need to see if you can get support at the uptrend line (4). It is struggling as it declines from the 390.0 point. We need to see if we can climb above the 350.63 point. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
CRYPTOCAP:ETH.D
by readCrypto
3