Cryptorphic

#BTC Dominance is Bearish! Massive ALT SEASON will trigger soon.

Singkat
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Although I have been calling for an Alt season for the last 4 weeks.
A massive rally looks imminent in Altcoins.
Below are the reasons we can see an Altseason trigger:-

1. Close below 21 MA confirmed
2. close below 50 MA confirmed
3. Possible bearish Crossover below 21 MA below the 50 MA.
4. BTC Dominance got rejected from the red resistance zone.
5. Multiple indicators show signs of bearishness in this chart.

Invalidation:- Dominance staying above the 200 MA is a problem. Dominance must break below it to confirm the trend.
The lower target for Dominance is around

Let me know your thoughts.

Thank you

#PEACE

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite

Idea Berkaitan

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.