I think current crypto market is ranging range. However looking at above chart (Market Cap), it says we tested very IMPORTANT support line.
Comparing market cap VS BTC price, and look at BTC Dominance! BTC Dominance is very high (ATH). So maybe this could be the signal of alt season if BTC does not bounce up in coming days!
So here's 2 Scenario.
#1. Setup LONG position from small size at current level.
#2. Wait for deeper pullback around 9700-10600.
#Special. Buy some good alts.
Trade with your own risk!
Don't forget clicking like button.
Comparing market cap VS BTC price, and look at BTC Dominance! BTC Dominance is very high (ATH). So maybe this could be the signal of alt season if BTC does not bounce up in coming days!
So here's 2 Scenario.
#1. Setup LONG position from small size at current level.
#2. Wait for deeper pullback around 9700-10600.
#Special. Buy some good alts.
Trade with your own risk!
Don't forget clicking like button.
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Alt season??? LOL
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So looking at the chart again, I think it's at least correction time.註釋
So the news crashed BTC price 12%, once wind passed away, we go to the moon. Just emotional market. LOLIs this serious news?
cnbc.com/2019/07/11/bitcoin-price-down-after-fed-chair-powells-facebook-libra-comments.html?__source=twitter|main
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It seems hidden divergence.註釋
Bulls showing some interest now. Next resist is 119xx range.註釋
Looking at current situation, correct done for Elliot Wave No.4 step.Alts are not pumping, but BTC Dominance is heading to new ATH, so BTC will pump, Alt/BTC market still bearish!
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So far so good! King of crypto BTC is testing interesting resistance line now.Bulls showing some interest, and keeping pushing up. if we keep here for a while, Next resistance is 11900-ish level.
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Inverse H&S pattern?
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