BTC / Dominance Uupdate

So looks to me like dominance is switching just as btc has been hanging above the 4hr 20ma and relatively close to the resistance trendline. As this 48hr "Altseason" comes to a close, it sure was fun while it lasted...lol

Anyhow, currently I am bearish altcoins and bullish btc. If this is a real trend that will continue with a btc bull break, alts are going to take a hit back down to supports. This current reversal has taking about 3 days, with quite a few fakeouts. Got caught in a couple, but we only risk 1% of our account in each trade, so losses aren't a problem.

Look to short alts pumps, and long btc dips if this trend change is real.

The Daily is even more bullish for me with that month-long inverted Head and Shoulders played out. Also dominance daily looks like a reversal.


Watch your alts! Be careful longing them...