The day not yet over but, the BTC .D is printing a very strong bearish candle today... Bitcoin Dominance is about to go lower. What does this mean? When BTC .D goes low, Altcoins go high! What it means is that Bitcoin is likely to start retracing while the altcoins market starts to grow. This is great news, as Bitcoin has been hugging all the energy, all the...
BTC.D IF DOMINANCE CLOSE OVER THIS POINT IN MONTHLY MEANS FOGET ABOUT ALTS
Change in volume is indication of change in trend .
The Lower Dominance Go The Higher Alts Thrive.
This is not a financial advice
HERE IS THE ROUGH DIAGRAM OF BTC DOMINANCE PATH FOR COMING DAYS USING EW ... THIS TIME DONT SELL YOUR ALT BAG FOR 20-30 % :P.... BEST OF LUCK TO EVERYONE :) NOTE : ITS A ROUGH DIAGRAM TO GET AN IDEA. INVALIDATION IS CLOSING AT HTF ABOVE 67
BTC 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
LAST SETUP INVALIDATED... SO HERE IS NEW SETUP
LAST UPDATE INVALIDATED ... SO HERE IS NEW SETUP.
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 dominance has breakbelow the 4h uptrend line. Alts gona to start some moves soon specially mid caps and small caps.
Btc 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.
Dominance tried so hard to break the trendline resistance. it might test again. wait and watch the show.