Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Bitcoin Dominance Technical Analysis ( Altcoins Bloodbath )
Market Cap BTC Dominance, %
Long
Bitcoin Dominance Technical Analysis ( Altcoins Bloodbath )
By CryptoPatel
Follow
Follow
Aug 22, 2022
4
3
3
3
Aug 22, 2022
#Bitcoin Dominance Technical Analysis:-
As Per Daily Chart Bitcoin Dominance is Bullish IMO.
BTC Dominance Bullish = Altcoins Bearish
Now I am expecting if Dominance Pump from here then Big Down relly of Altcoins in next couple of days.
Next Resistance is 48.50%
If Dominance hit 48.50% Level then we can see Altcoins approx -50% drop from here.
Keep an eye on 40% Level.
This is very strong support.
If Dominance Move Upward side then Don’t try to Open any Long Positions guys.
Support:- 40%
Resistance:- 48% / 58% / 66%
binance
breakout
BTC
BTCUSDT
Chart Patterns
Cryptocurrency
cryptotrading
dominance
dominancebtc
dominantcycle
Harmonic Patterns
Trend Analysis
CryptoPatel
Follow
Twitter:
twitter.com/CryptoPatel
Telegram:
t.me/OfficialCryptoPatel
Instagram:
instagram.com/cryptopatel?utm_medium=copy_link
Also on:
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
.