BTC DOMINANCE UPDATE
as always we react and trade according to chart
The whole altseason was expected and dominance now reached major support
On chart we can see bitcoin dominance is inside descending channel and face upper resistance line (42% level)
If rejected from the upper line of channel then we see a retest of 40-39% support again and a small rally in altcoins
If Dominance break the resistance line then we see a 44% and even higher levels and altcoins can drop hard in short term
Keep your stoplose tight !
as always we react and trade according to chart
The whole altseason was expected and dominance now reached major support
On chart we can see bitcoin dominance is inside descending channel and face upper resistance line (42% level)
If rejected from the upper line of channel then we see a retest of 40-39% support again and a small rally in altcoins
If Dominance break the resistance line then we see a 44% and even higher levels and altcoins can drop hard in short term
Keep your stoplose tight !