๐Technical Analysis Summary๐
BTC.D
-The Bitcoin Dominance started moving lower after a bearish retest
-The mid-term trendline support is finally broken downwards
-The price is now creating a lower low followed by a lower high
-If this decrease in value for BTC Dominance continues
-The next possible support for a bounce is at 44 level
-For now, we can see strong altcoins performing pretty well
-I'm expecting at least 5 days good green days for the altcoins
-But that all depends if Bitcoin can hold above 44k dollars
-Please only trade those coins with a good risk:reward ratio
-Do not blindly buy any coins without looking at the risk potentials
-Good luck everyone and stay safe!
โ ๏ธPlease always read the descriptionโ ๏ธ
Thanks for donating ๐ฐ via Tradingview coins bitcoinpam ๐๐
``````````````````````````````````````````````
If you need help๐ don't hesitate to
Send me a message here PolarHusk๐
``````````````````````````````````````````````
Trading Involves High Risk โ ๏ธ
Not Financial Advice ๐ธ
Exercise Proper Risk Management ๐ฑ
``````````````````````````````````````````````
BTC.D
-The Bitcoin Dominance started moving lower after a bearish retest
-The mid-term trendline support is finally broken downwards
-The price is now creating a lower low followed by a lower high
-If this decrease in value for BTC Dominance continues
-The next possible support for a bounce is at 44 level
-For now, we can see strong altcoins performing pretty well
-I'm expecting at least 5 days good green days for the altcoins
-But that all depends if Bitcoin can hold above 44k dollars
-Please only trade those coins with a good risk:reward ratio
-Do not blindly buy any coins without looking at the risk potentials
-Good luck everyone and stay safe!
โ ๏ธPlease always read the descriptionโ ๏ธ
Thanks for donating ๐ฐ via Tradingview coins bitcoinpam ๐๐
``````````````````````````````````````````````
If you need help๐ don't hesitate to
Send me a message here PolarHusk๐
``````````````````````````````````````````````
Trading Involves High Risk โ ๏ธ
Not Financial Advice ๐ธ
Exercise Proper Risk Management ๐ฑ
``````````````````````````````````````````````
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