BTC.D trade ideas
BTC.DBTC dominance following Disjoint channel now its top at 66-67 but i would and many ct personally think it will fall to 58 if this happen again we'll see massive spikes in alts and that would be the biggest Cryptoszn ever
A triangle to watch out. Not Good For Alts Well earlier it acted as a support so now it turned into the resistance so just hope for the alts. use stop losses in alts. Not Good For Alts
BTC.DBtc dominance has breakbelow the 4h uptrend line. Alts gona to start some moves soon specially mid caps and small caps.
BTC. DBtc dominance is making a HH formation. Also a ascending triangle. The next 24 H may indicate the real move. Breakabove will be much concerned for alts.
BTC.D breakout??Dominance tried so hard to break the trendline resistance. it might test again. wait and watch the show.
BTC.D Time To go for the alts season As per the head and shoulder pattern. Its it Goes As Planned Then soon huge alts season will come as per nov. An RSI Is Also Printing Bearish Divergence
BTC dominance breaking freeIf you are already invested stay put be vary of alts they might go down if BTC breaks out
BTC Dominance Breakdown ( Smaller One ) Confused with Alts ? SeeBTC Dominance is holding the levels. if it breaks 58 downside, It would go for 57 , 55 , so on
Alts rally will be coming once again.
Stick with the breakdown, If it stays flat then we can't see big run in alts. expecting it to break 58.
Gap down may fill the gap above so it can be turned into Bull trap as well.
dominancedominance may see an extreme pump and with rumors of europe lockdown around, a market crash could be coming
Bitcoin Dominance - Bullish RSI divergence on Weekly TimeframeBullish RSI divergence on weekly timeframe. Looks like bloodbath for ALTS in coming time.
what are your thoughts?
Bitcoin Dominance at critical levelBitcoin dominance is at major support. If dominance break below the support zone we will see a good rally in altcoins. The DeFi hype may break the support zone and bring a good altseason. Many altcoins did 3-5x from their all-time low price. The alt rally will attract new investors and that will increase the price of bitcoin also.
The dominance will bounce back from the support zone. Don't forget to book profits
now it's slowly then faster..This is my personal opinion and observation. it is not financial advice.
