Cryptorphic

#BTC Dominance. ALTSEASON will trigger at this level...

Cryptorphic 已更新   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %

Welcome to this extensive analysis of Bitcoin Dominance.
If you are reading my updates for the first time, make sure you follow me if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.

Now, let’s get to the chart.
BTC Dominance is currently holding the 42.4 level. As long as it holds this level it's highly likely we will see some rally in BTC while it reaches the 45.22% level. This will trigger the rally in BTC too, possibly till $46k only if it maintains $38k support.

CONCLUSION:- BTC.D is likely to rise to 45.22% and get a rejection at that point which will eventually trigger the rallies in altcoins against BTC pair.

Invalidation:- Daily close below 40.27

What do you think of this chart?
Do share your views in the comment section and do not forget to hit the like button.


Thank you

#PEACE
交易進行:

Click on the above chart for the latest update on BTC Dominance.

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite

相關想法

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。