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.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。