Forwarded from Official VIP Group
BTC dominance 8H chart. Same bull flag (pennant) as at 4H chart yesterday. Volume decreasing towards the end of pattern which suits TA rules. That bullish pattern signals, that it is too early to go all in alts now. Why? Because i case bull flag breakout alts will dump for another 15-20%. So if you go long at any altcoin now, be sure you have reserves to average cost later.
#BTC #BTCdominance #AltsIndex #Altcoins #Dominance
#BTC #BTCdominance #AltsIndex #Altcoins #Dominance
Forwarded from Official VIP Group
Been waiting for that bounce from 67 support, but Bitcoin gave alts two more days and bounced from 66.5 support. Now at 67 resistance. If will grow above, alts mini season is over for a while.
@CryptoWorldTina #BTCdominance #Dominance
@CryptoWorldTina #BTCdominance #Dominance
Forwarded from Official VIP Group
BTC dominance made a bullish move yesterday and now pulling back. If bounce from 66 support, can continue growing. That may end bullish season for most of alts, at least those with weak fundamentals.
@CryptoWorldTina #BTCdominance #Dominance
@CryptoWorldTina #BTCdominance #Dominance