BTC Dominance, time to correct? Time for alts rally?
Like in my earlier post on BTC, This is BTC dominance chart also showing weakness like it is seen on BTC USDT.
volume is getting lower and lower to previous volumes,
macd histogram is not getting enough momentum anymore
RSI printing a bear div...
as well as dominance approaching resistance.
All this combined together shows that btc may be approaching a top and due for a correction, or better still a consolidation while alts get the spark.
Many alts are having bull div already and some already have random rallies ut sadly enough not holding the grounds.
Is it time for alts rally?
volume is getting lower and lower to previous volumes,
macd histogram is not getting enough momentum anymore
RSI printing a bear div...
as well as dominance approaching resistance.
All this combined together shows that btc may be approaching a top and due for a correction, or better still a consolidation while alts get the spark.
Many alts are having bull div already and some already have random rallies ut sadly enough not holding the grounds.
Is it time for alts rally?
