create account

Cryptocurrency Relative Strength Analysis Report For Week Starting 11/17/19 by rollandthomas

View this thread on steemit.com
· @rollandthomas ·
$2.60
Cryptocurrency Relative Strength Analysis Report For Week Starting 11/17/19
<center>![](https://cdn.steemitimages.com/DQmbViNc94z2MdhBzKUSo6BkEyZWuWYdJZd6wF6DomCSphn/image.png)</center>

When you think about Cryptocurrencies, one name immediately comes to mind, Bitcoin.  Since the creation of Bitcoin, there has only ever been one cryptocurrency at the top of the market cap rankings…Bitcoin. 

When the price of Bitcoin rises, generally you can expect altcoin prices to rise with it. Likewise, when the Bitcoin price drops, altcoins also follow. And sometimes when Bitcoin is rising, the altcoins are declining due to cash moving from the altcoins to Bitcoin and vice versa.

![](https://cdn.steemitimages.com/DQmT8xy5s3xEFRuQGQZwH65espZWpNAFyq8VifdA1cmP7zd/image.png)

<center><a href="https://medium.com/@MC_Ross1001/why-increasing-bitcoin-dominance-is-no-good-thing-7a21a6f9110e">Source Image</a></center>

Bitcoin dominance is used to measure the percentage of the cryptocurrency market that can be attributed to Bitcoin. Thus, it’s very easy to determine the relative strength of Bitcoin at any point. Not the case for the altcoins…until now. I have taken the more popular altcoins and determined their relative strength, relative to Bitcoin using just moving average.

Binance

![](https://cdn.steemitimages.com/DQmdxmAgg1aHeA4seJMRWgmz2DqvHXkybejQQrtMVdEoPHx/image.png)

EOS

![](https://cdn.steemitimages.com/DQmcPApJuvZMThxXJyMZoCcYpHqTpL5Uk18tmRh3YZAKNsQ/image.png)

Ethereum

![](https://cdn.steemitimages.com/DQmQpaTgV2LkqYXFPVTaL7B5LeuVMhsVvgkkB2b7Fda5Xnp/image.png)

Litecoin

![](https://cdn.steemitimages.com/DQmbuJbNck7nVTPLAwNaM5dLJVAfDjVyQoZH6ekZ4dbX7G9/image.png)

Neo

![](https://cdn.steemitimages.com/DQmXXFSpvjAK3CAzAFib44wRzAb4xd9fjG7t4snTJyy7mVc/image.png)

Steem

![](https://cdn.steemitimages.com/DQmPM9AhoWH7CDVLTGAxSmB8tYi7iAC4DYJaQNUVZdjwrkL/image.png)

Tron

![](https://cdn.steemitimages.com/DQmQ2q6V6xJt9xQp3Gnxtsuy77Urb2utaeTA1hd4hoZNump/image.png)

Zcash

![](https://cdn.steemitimages.com/DQmchgK7nmrX1iQmLowYyfCGQ69etjvVZi3Tp8BS7L4Rzoq/image.png)

Based on the moving averages and the last daily closing price, relative to the moving averages,

![](https://cdn.steemitimages.com/DQmYBN1PN8CsxDF91MZTHMeUbMfLt9ZowyWsQruynTKbzjM/image.png)

the altcoins relative strength, relative to Bitcoin are the following:

![](https://cdn.steemitimages.com/DQmVycS73VytaNTewtyuq1Pn9PkVbsRoDR6j8KHgWxdq3C7/image.png)

Two Weeks Ago

![](https://cdn.steemitimages.com/DQmXZd9w5ZmBam32Ddy4MaJWFZbCynqF7YDdibRkv4RhSoH/image.png)

This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.

<center>https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/upvote%20banner3.gif</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 42 others
properties (23)
post_id81,805,475
authorrollandthomas
permlinkcryptocurrency-relative-strength-analysis-report-for-week-starting-11-17-19
categorysteemleo
json_metadata{"tags":["steemleo","scripsio","palnet","neoxian","bitcoin"],"image":["https:\/\/cdn.steemitimages.com\/DQmbViNc94z2MdhBzKUSo6BkEyZWuWYdJZd6wF6DomCSphn\/image.png","https:\/\/cdn.steemitimages.com\/DQmT8xy5s3xEFRuQGQZwH65espZWpNAFyq8VifdA1cmP7zd\/image.png","https:\/\/cdn.steemitimages.com\/DQmdxmAgg1aHeA4seJMRWgmz2DqvHXkybejQQrtMVdEoPHx\/image.png","https:\/\/cdn.steemitimages.com\/DQmcPApJuvZMThxXJyMZoCcYpHqTpL5Uk18tmRh3YZAKNsQ\/image.png","https:\/\/cdn.steemitimages.com\/DQmQpaTgV2LkqYXFPVTaL7B5LeuVMhsVvgkkB2b7Fda5Xnp\/image.png","https:\/\/cdn.steemitimages.com\/DQmbuJbNck7nVTPLAwNaM5dLJVAfDjVyQoZH6ekZ4dbX7G9\/image.png","https:\/\/cdn.steemitimages.com\/DQmXXFSpvjAK3CAzAFib44wRzAb4xd9fjG7t4snTJyy7mVc\/image.png","https:\/\/cdn.steemitimages.com\/DQmPM9AhoWH7CDVLTGAxSmB8tYi7iAC4DYJaQNUVZdjwrkL\/image.png","https:\/\/cdn.steemitimages.com\/DQmQ2q6V6xJt9xQp3Gnxtsuy77Urb2utaeTA1hd4hoZNump\/image.png","https:\/\/cdn.steemitimages.com\/DQmchgK7nmrX1iQmLowYyfCGQ69etjvVZi3Tp8BS7L4Rzoq\/image.png","https:\/\/cdn.steemitimages.com\/DQmYBN1PN8CsxDF91MZTHMeUbMfLt9ZowyWsQruynTKbzjM\/image.png","https:\/\/cdn.steemitimages.com\/DQmVycS73VytaNTewtyuq1Pn9PkVbsRoDR6j8KHgWxdq3C7\/image.png","https:\/\/cdn.steemitimages.com\/DQmXZd9w5ZmBam32Ddy4MaJWFZbCynqF7YDdibRkv4RhSoH\/image.png","https:\/\/steemitimages.com\/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk\/upvote%20banner3.gif"],"links":["https:\/\/medium.com\/@MC_Ross1001\/why-increasing-bitcoin-dominance-is-no-good-thing-7a21a6f9110e"],"app":"steemleo\/0.1","format":"markdown","canonical_url":"https:\/\/www.steemleo.com\/@rollandthomas\/cryptocurrency-relative-strength-analysis-report-for-week-starting-11-17-19"}
created2019-11-17 12:20:03
last_update2019-11-17 12:20:03
depth0
children1
net_rshares11,194,657,209,297
last_payout2019-11-24 12:20:03
cashout_time1969-12-31 23:59:59
total_payout_value1.485 SBD
curator_payout_value1.114 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length2,739
author_reputation309,821,185,298,630
root_title"Cryptocurrency Relative Strength Analysis Report For Week Starting 11/17/19"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (106)
@src3 ·
So in summar: Alt season is about to start? :D

Posted using [Partiko Android](https://partiko.app/referral/src3)
properties (22)
post_id81,808,943
authorsrc3
permlinksrc3-re-rollandthomas-cryptocurrency-relative-strength-analysis-report-for-week-starting-11-17-19-20191117t145943916z
categorysteemleo
json_metadata{"app":"partiko","client":"android"}
created2019-11-17 14:59:45
last_update2019-11-17 14:59:45
depth1
children0
net_rshares0
last_payout2019-11-24 14:59:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length113
author_reputation1,915,235,672,807
root_title"Cryptocurrency Relative Strength Analysis Report For Week Starting 11/17/19"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000