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Market Cap BTC Dominance, %
Long
Updated

BTC Dominance (TA). BTC to go up soon again.

453
Observation:


  • BTC dominance has almost hit the 0.5 retracement fib level around the 68% mark.
    The ALT dominance chart has not made much gain in the same move.
    Stockatic RSI indicating over sold region, etc.
  • Thoughts:
    Factoring a random no. of ALTs and how they have reached key resistance levels coupled with BTC dropping to the buying zone\s, I would bet that BTC is about to go up soon and the ALTs to drop further.


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ssari
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ALTaltcoinaltseasonBitcoin (Cryptocurrency)BTCbtcforecastChart PatternsdominanceTechnical IndicatorsTrend Analysis

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ALTaltcoinaltseasonBitcoin (Cryptocurrency)BTCbtcforecastChart PatternsdominanceTechnical IndicatorsTrend Analysis
ssari
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.