ssari

BTC.Dominance (Y20.P5.E5).Not many expected this?

Lång
ssari Uppdaterad   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Hi all,

I bet not many expected this when BTC dominance was heading down.
The question now is, what now?

For the ALTs to come into play now, BTC must hold this level and\or go sideways.
Its too early to say but it might just hold above $22K.

On the daily and above, I still have upward pressure with BTC dominance. Below I have the weekly chart which looks like a typical widening fan with ABCDE pivot points breaking to the upside.
Looking a the structure or indicators doesn't really give us a clue except that it has hit resistance on this macro formation.

There is a possibility that BTC dumps and hence it holds BTC dominance in a negative way.

I'm not going to attempt to guess what is next because many people got it wrong... did I?
Check my links below.

Some of the ALTs are going to go for it, ETH is one of them I suspect based on this chart.



All the best,


S.SAri


WEEKLY chart
Kommentera:

Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.