FlokiCrypto

$BTC.D - 100 EMA acting as a resistance. Alts to fly?

看多
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
100 EMA acting as a strong resistance for the past 13 months. Hard to believe this will be the time it breaks.

There are a few patterns developing under the umbrella of that EMA. Looks like there's a triangle in there, bearish in this case):


Within the triangle a few things are to be noted: slanted triple bottom with triple divergence on RSI, Volume & Histo: but this has already played out into a final touch of the E wave of the triangle.

So we have to cases...Either we break out here and the market suffers for a long while... or correct down further and break down, which leads to the next alt season. I'm leaning towards the latter.

Happy and safe trades to all.

Visit the Valhalla TA and Trading Discord for upcoming learning opportunities!: discord.gg/Cf6BYuFVkN
Follow me on Twitter: twitter.com/FlokiCrypto
Video learning on Youtube: www.youtube.com/c/flokicrypto
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。