hi all
,Bitcoin Dominance is now at the support of 40% area. There is also a downtrend line which is working as a resistance on daily time frame.
Now there are two possible cases:
The first case is Bitcoin dominance break 40% support level and go down. In this case we will see good rally in altcoins.
The second case is Bitcoin dominance bounce from 40% support and form a double bottom pattern. Dominance will then head towards 50% resistance area. In this case we will see sideways movement or downward movement in altcoins.
Use stop loss in all your altcoin position and keep an eye on dominance.
,Bitcoin Dominance is now at the support of 40% area. There is also a downtrend line which is working as a resistance on daily time frame.
Now there are two possible cases:
The first case is Bitcoin dominance break 40% support level and go down. In this case we will see good rally in altcoins.
The second case is Bitcoin dominance bounce from 40% support and form a double bottom pattern. Dominance will then head towards 50% resistance area. In this case we will see sideways movement or downward movement in altcoins.
Use stop loss in all your altcoin position and keep an eye on dominance.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.