$BTC Dominance Update
Timeframe: 1D
--------------------
Currently, our strongest resistance for BTC Market Dominance lies at around 47% (which is also confluent with our 200 EMA on the Daily).
This is a very important level to watch, as we’re expecting Dominance to remain below it in order to see the alt run we’re expecting to top off the year.
A break and close below $43.42 are what we currently need to confirm a mid-term Dominance correction and further alt upside.
--------------------
Best Regards, iSmashProfit™
--------------------
Currently, our strongest resistance for BTC Market Dominance lies at around 47% (which is also confluent with our 200 EMA on the Daily).
This is a very important level to watch, as we’re expecting Dominance to remain below it in order to see the alt run we’re expecting to top off the year.
A break and close below $43.42 are what we currently need to confirm a mid-term Dominance correction and further alt upside.
--------------------
Best Regards, iSmashProfit™
iSmashProfit
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.