After reviewing BTC performance and predicted path, I see BTC dominance dropping further.
Reasons:
a) The pullback is evident. Some say to 8500 ultimately, some say 8800 to previous resistance and 200 EMA
b) I foresee some accumulation\ranging of BTC between 8500-8800 to 10400 creating some sort of MACRO breakout or bullish pattern
c) I see this going on for at least another month to mid Dec. eventually hitting 12K early next year
d) During the ranging period, I see the ALTs rise as many of them like LTC have hidden bullish divergences (on the weekly).
e) Anticipated RSI movement, more downs.
I'm guessing this will go down to the 0.618 retracement but it could be more, as per the chart, eg. 200 EMA.
Cheers,
S.Sari/CryptoProspa
Previous post

Reasons:
a) The pullback is evident. Some say to 8500 ultimately, some say 8800 to previous resistance and 200 EMA
b) I foresee some accumulation\ranging of BTC between 8500-8800 to 10400 creating some sort of MACRO breakout or bullish pattern
c) I see this going on for at least another month to mid Dec. eventually hitting 12K early next year
d) During the ranging period, I see the ALTs rise as many of them like LTC have hidden bullish divergences (on the weekly).
e) Anticipated RSI movement, more downs.
I'm guessing this will go down to the 0.618 retracement but it could be more, as per the chart, eg. 200 EMA.
Cheers,
S.Sari/CryptoProspa
Previous post

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This community has signals now but with no risk management comms.
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
相關出版品
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。