Bitcoin Dominance Analysis on 4-Hour Chart (BTC.D)
using StochRSI, ADX, Keltner Bands, MACD:
Dominance is currently at 60.47% after pulling back from the recent high at 61.79%. The price has broken the upper Bollinguer band and is now in the median band, indicating a potential support zone. If it breaks to the lower band, it could signal a decrease in BTC dominance, favoring altcoins.
The ADX at 25 indicates that the recent downtrend is not as strong but still valid. If the ADX drops below 20, it could indicate a period of sideways consolidation or an imminent reversal. A crossover of the MACD lines soon could confirm a continuation of the decline or the beginning of a recovery.
If StochRSI remains oversold and ADX loses strength, BTC.D could drop to support at 58%, indicating further movement in altcoins.
using StochRSI, ADX, Keltner Bands, MACD:
Dominance is currently at 60.47% after pulling back from the recent high at 61.79%. The price has broken the upper Bollinguer band and is now in the median band, indicating a potential support zone. If it breaks to the lower band, it could signal a decrease in BTC dominance, favoring altcoins.
The ADX at 25 indicates that the recent downtrend is not as strong but still valid. If the ADX drops below 20, it could indicate a period of sideways consolidation or an imminent reversal. A crossover of the MACD lines soon could confirm a continuation of the decline or the beginning of a recovery.
If StochRSI remains oversold and ADX loses strength, BTC.D could drop to support at 58%, indicating further movement in altcoins.
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。
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。