Possible Resistance to Continuation at ~53%
Bitcoin dominance may start to see some resistance to its move up just above where it is now, somewhere between 52-54%.
If it is rejected at this level, it could move back down to test the support level around 48-50%.
A daily close above ~52.8% or so could lead to higher highs instead, however.
If it is rejected at this level, it could move back down to test the support level around 48-50%.
A daily close above ~52.8% or so could lead to higher highs instead, however.
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.