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Bitcoin Technical Outlook
Bitcoin closed green yesterday, almost touching the quick TBO line at $ 113,940, despite a slightly lower bottom in the daily TBO cloud. This phase of “downward consolidation” could give way to the reversal of the momentum, as evidenced by the upward divergence TBT of the 4 -hour table and the highest stockings on the RSI of 4 hours. A push supported above $ 114,000 today would confirm this emerging optimistic momentum and would prepare the way for a wider market force.
Ethereum and Stablecoin positioning
Ethereum remains under pressure, RSI has remained below 25 from the Monday crash and a local base forming as a TBO price price at $ 4,060. A rebound here could target $ 4,500 in the coming days, but failure is likely to deepen the slowdown and reduce lower altcoins. The combined domination of the stable reserve increased to 6.57% and was rejected, while the daily RSI fell below the exaggerated territory at 70 years. A developing divergence of 4 hours TBT suggests that the domination of the stables can run, which would be optimistic for the BTC and the Alts.
Dominance of the cryptocurrency market changes
Bitcoin Dominance (BTC.D) has printed a short short -run short shorts, a bullish reversal signal that could stop its downward trend, potentially raising BTC.D to the fast weekly TBO line at 60.53%. Such a movement would probably put pressure on short -term Altcoin assessments. Sol.D shows a support just under 3% with a long open daily TBO, while others have confirmed a second daily TBO end for a long time – a lower warning for wider Altcap performance. However, the total global graph. The total ratio50 / ETH suggests that the average altcoins at low captains surpass the ETH but remain challenged against the BTC.
Traditional markets and products have an impact
The US dollar index (DXY) has printed a short-term closed TBO above the support, signaling a bullish reversal which is historically correlated with action withdrawals. Despite this, the S&P 500, Dow Jones and Nasdaq maintain upward structures on daily and weekly maps, with only a minor withdrawal during recent sessions. In Asia, the Nikkei and Hang Seng remain constructive, while the Shanghai composite shows lower divergences. In raw materials, WTI and Brent Oil have each printed TBO short films, and Ukoil has generated four of these signals since August, guaranteeing caution. The gold is above $ 3,700 but shows RSI exhaustion after a lower summit, reflected by the similar configuration of Silver.
Technical protruding facts on certain altcoins
Among the individual altcoins, Sol stabilized to a historic TBO support nearly $ 209, although the OBR remains lower. Link and other average capital have printed recent 4 -hour TBT divergences, while the media about confirmed a reset and a RSI volume above its MA – by granting a corrective rebound to its quick TBO line. Avx shows a daily divergence daily TBT despite a slow TBO line up. MNT is on the point of a second 4 -hour TBO nearby, and FLR delivered a surprise escape on a heavy volume. XDC has several daily clusters of TBT divergence, IMX has executed a springboard rebound on its quick TBO line, the pump risks of a failure lower than its 0.786 and Fartcoin level remains under lower pressure. Aster undergoes a short -term fibonacci decline, but can resume his rally once the consolidation is completed.
Perspectives and strategy
Overall, changing dominance parameters in favor of Bitcoin suggest that altcoins will be faced with short -term opposite winds even if BTC creates an inversion momentum. Traders must monitor TBO and TBT key signals, maintaining defensive positions in vulnerable altcaps while remaining ready to capitalize on confirmed escapes. A decisive movement above the critical bitcoin levels could ignite the next resumption of the wide market, with altcoins after once the bias of the BTC is firmly established.
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