What is #Bitcoin Dominance?

#Bitcoin dominance is the share of #bitcoin in the crypto market’s overall value. It is calculated by dividing BTC’s market cap by the total cryptocurrency market cap.

Traders have used #Bitcoin dominance to help understand whether #altcoins are on an up or downtrend against bitcoin. For example, one popular theory is that the crypto market is heading into a bull market if #altcoins are trending up. In 2017, for instance, a significant decline in #Bitcoin dominance signaled altcoin prices skyrocketing (rather than #BTC price declining), coinciding with the entire market entering a #bull phase.

Important things to note that, standalone, these dominance charts will not helpful. Use thus with other confluences like, #Bitcoin major levels, Greed & Fear Index, Market Sentiment etc.

#APT gone as expected, price continues to push higher. Scalp gone good and price made a high of $20.3 which is 11.8% in profits. I hope you book/closed your trade with that

#MDT Pumped higher and achieved the 1st target of $0.02966 and made a high of $0.03100, which is 18.4% in profits. I hope you looked-in some profits right here.

#MDT in #BTC pair did the same and achieved the 1st target of 128 satoshi, and price made a high of 135 satoshis, which is 18.4% in profits.

Here's the analysis of #ALICE :

#ALICE is been making some serious Higher Highs and Higher lows and rejects from the major resistance zone of $1.91 - $2.00. Price still maintaining the market structure as Bullish and might take a bounce for the supporting uptrend line. Potential buys with confirmation at $1.67 with tiny risk.

February will starts with some major Hot 🔥 News.

Keep and eye 👀 on the news and avoid over-leveraging too.

👉🏻 All Timings are in #PST

Binance Will Support the Cardano (ADA) Network Upgrade & Hard Fork

https://www.binance.com/en/support/announcement/24aeb025418749249993ea13a5840c21

#BTC bounced from the bottom of the consolidation support as said. Not really that change in price, as of now. Fundamental news are coming along, so better not to do any over-leveraging trading. Keep an eye on the mentioned support and Resistance, this will indicate the further altcoins movement.

#OCEAN moving smoothly, trade running around 10% in profits with confirmation. Price is about to reach the major support around $0.323. Possible buys may come from there, till now, secure your profits.

What is On-Chain Analysis ?

On-chain analysis is a method of analyzing #cryptocurrency transactions and activities that take place on a blockchain network. Unlike off-chain analysis, which focuses on external factors such as media coverage and market sentiment, on-chain analysis focuses solely on the data that is recorded on the #blockchain. By examining the underlying data on the #blockchain, one can gain valuable insights into the behavior and activity of users on the network.

This type of analysis is commonly used in the #cryptocurrency industry to track various metrics and KPIs such as the number and value of transactions, the number of unique addresses holding a specific token, and the distribution of token holdings among those addresses. This information can be used for #market analysis, investment research, and tracking the adoption and usage of specific #cryptocurrencies.

For example, a significant increase in the number of transactions on a blockchain network can indicate increased usage and adoption of the underlying #cryptocurrency. Similarly, a concentration of token holdings among a few addresses may indicate centralization, which could raise concerns about the #decentralization of the network.

In short, on-chain analysis is an important tool for understanding the underlying health and growth of #cryptocurrency networks. It provides valuable insights into the behavior and activity of users, which can help #investors, #traders, and #researchers make informed decisions.

Here's the analysis of #THETA :

#THETA is been rejected from the strong resistance level of $1.140 - $1.155. Price nearly reached out the major level of $0.956 - $0.978. Expecting a possible buys setup from there, so wait for the entry and confirmation too. A break below will open the room for short

#Bitcoin reversed from the bottom of the consolidation range and currently, price again reached up to the rejection area. Price already made up a large pin bar Candle, showing strong sells. This may take time, but overall anticipation would be the strong resistance around $24,450 - $24,880.

Easy and Sniper Entry on #THETA, price moved around 13% in profits from our entry. We recommend to lock some major profits our there and move stops to Breakeven. Full TP will be at resistance zone around $1.140 - $1.155.

Momentum VS Volatility

#Momentum and #Volatility are two important concepts in trading that often go hand-in-hand but some traders, misunderstood #Momentum and #Volatility as same in the market.

#Momentum refers to the rate of increase or decrease in the price of a coin, and is often used to identify trends in the market. A momentum trading strategy typically involves buying coin that have been rising in price and selling those that have been declining.

#Volatility, on the other hand, refers to the degree of fluctuation in the price of a coin over a given period of time. A security with high volatility is more likely to experience sudden, large price movements, both up and down. A volatility trading strategy might involve buying options contracts to profit from large price movements in either direction.

It's important to note that both #momentum and #volatility can be impacted by a variety of market factors, such as #economic news, changes in interest rates, and geopolitical events.

We will announce the next best TA/FA based spot call after 30 minutes😊

Stay tuned.

We are buying #DOCK here

DOCK is ready for a moonshot 🚀

Now is the right time to build your position in DOCK for massive profits in short term🚀🚀

#DOCK/BTC BUY/LONG CALL

Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.

Targets: 94-125-150-200 satoshi

Stop if 1D close below 76 satoshi

#DOCK/USDT BUY/LONG CALL

Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀

Targets: $0.02235-0.02875-0.03255-0.05075

Stop if 1D close below $0.01719