Hello Everyone. I want to share my idea about bitcoin dominance.
As you can see, The dominance has broken above the bearish trend line and has been rallying upward for the past few days. We can expect the Dominance to increase after a pullback , provided that it doesnot close a 4h candle below 41.6.
If it closes below 41.60 , Dominance will tank again and alts will rise.
I suggest you not to buy Altcoins as long as the trend is bullish
NFA
Please like and follow. It encourages me to post more ideas.
please have a look at my analysis about bitcoin.
As you can see, The dominance has broken above the bearish trend line and has been rallying upward for the past few days. We can expect the Dominance to increase after a pullback , provided that it doesnot close a 4h candle below 41.6.
If it closes below 41.60 , Dominance will tank again and alts will rise.
I suggest you not to buy Altcoins as long as the trend is bullish
NFA
Please like and follow. It encourages me to post more ideas.
please have a look at my analysis about bitcoin.
