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Inversely i've linked a chart to Altcoin dominance below which has just seen a third touch on a long term monthly trend line which gives me added confluence for Finger Crossed.
Anyone that bought the dip on Alts, very ballsy! Hat's off to you if it work out. As bitcoin dominance is going up for past few weeks , now looks its a time for a big pull back and give alts to grow again.
D Index Chart. Videos only. Top authors: BTC. Altcoins season!!!!!!! Bitcoin Dominance - Alts - Existential Threat. Altcoin run incoming or fake out?
BTC dominance recent overview. Alt season? BTC ready to for a correction. Bitcoin Dominance. Slowly and steady ALT Season is coming Show more ideas.
This resistance area marks a critical resistance target. If we close above , we can expect This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective.
Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr.
Take most of profits here. Most likely will decline back to 35 ema. I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance. Next resistance It was developed by our experts for intraday trading purposes. What does this Videos only.
Will History Repeat itself? Remember you heard it here first! Wyckoff Distribution says Bitcoin will go down,don't get trapped. Breakout Imminent!!!