BTC dominance, ETH dominance and DXY all due a retracement
Looks like BTC.D is entering the final corrective phase of this descending triangle.
ETH.D is due a pullback in the short-term.
The DXY is heading towards a historically strong resistance level.
Every Bitcoin bull-run and alt-season has taken place during the DXY being in a retracement. BTC Dominance looks like it could fall below its 2018 lows in the next few weeks.
ETH.D is due a pullback in the short-term.
The DXY is heading towards a historically strong resistance level.
Every Bitcoin bull-run and alt-season has taken place during the DXY being in a retracement. BTC Dominance looks like it could fall below its 2018 lows in the next few weeks.
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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.