Bearish Bitcoin Dominance Chart: Minor Altcoin Season Incoming?

Bullish: 50/15HiRev signal triggered in the AEONDRIFT Band script, with dominance dropped from the "overbought" level 3 band into the level 2 band about 35 hrs ago.

Need to wait till the:

• blue MAJ momentum oscillator to enter into negative, or shows a clearer descending profile to prove conviction.
  
• thick (currently red) FG oscillator to show a clearer descending profile + the green DFG line (momentum) to cross into negative as well.
  

for confirmation.

AEONDRIFT

LIVIDITIUM

FUSIONGAPS

MAJESTIC

Bình luận:

With impending Golden Cross (GX) impending on the BTC chart, while Death Crosses (DX) already registering in many altcoins vs. BTC, the safest bet atm is still BTC, IMO, unless I find specific altcoins with more positive looking (vs. BTC) charts.

Bình luận:

My main untouched investment stash is still BTC regardless, locked in a hardware wallet. ;) And only practice trading (controlling emotions with skin in the game) with an insignificant amount, as training and learning.

Bình luận:

Re-evaluation: On the shorter time-frame, looks like BTC.D is actually ready to go higher too:

Đã hủy lệnh:

See: the later re-evaluations above after the initial analysis.

Bình luận:

Looks like a resumption of my earlier BTC.D chart?