Alts might bleed....

Hello Friends, Hope you doing well. Today we will see BTCDOM 4hr analysis.

I think alts might bleed heavily in the coming week due to 2 reasons
1.FOMC/FED meeting on 27th July.
2.BTCDOM is creating double bottom pattern in 4hr time frame, there is minor resistance for btcdom at 42.97% - 43.10% level.

Possible Scenarios:
if btcdom plays put w or double bottom pattern then alts might dump heavy in from tomorrow.
don't go short looking at btcdom, we might see both side stop loss hunt by whales due to meeting.

trade with caution.

NOTE: I ma not a financial advisor please do your own research before investing in market.





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