BITCOIN DOMINANCE: A RALLY EXPECTED!
Shalom traders! I hope your weekend went well. Another week we ended up with some good profits and BTC still holds the support level. Today, we will analyze the BTC dominance chart and what this could mean for the market.
Timeframe: 3 days.
Update: BTC dominance has been a helping hand for the traders to analyze the upcoming move on BTC. As we can see in the chart that the BTC.D is under a trendline and it has been beautifully following it. According to the chart, we can expect a rally on BTC.D in the upcoming days which means BTC and altcoins in the BTC pair may possibly rally. The invalidation point will be the lower supporting trendline at 38.8%.
That's it from my end.
Thank you.
Timeframe: 3 days.
Update: BTC dominance has been a helping hand for the traders to analyze the upcoming move on BTC. As we can see in the chart that the BTC.D is under a trendline and it has been beautifully following it. According to the chart, we can expect a rally on BTC.D in the upcoming days which means BTC and altcoins in the BTC pair may possibly rally. The invalidation point will be the lower supporting trendline at 38.8%.
That's it from my end.
Thank you.
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。