BTC DOMINANCE AT CRUCIAL LEVEL! When Alt season?
🚀 Hey Traders! 👋
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
Bitcoin dominance is once again hovering around the key resistance zone (~64%) that previously triggered a sharp rejection and boosted altcoins. 🚨
🟢 What we're watching:
Dominance bounced back after a breakdown from the rising wedge 📉
It's now retesting the breakdown zone (red resistance)
A rejection here = Altcoin Rally 🎯
A clean breakout above = Altcoins stay weak ⚠️
⏳ We’re at a decision point. Altcoin bulls are watching this zone very closely.
🧠 Our take:
Until BTC.D rejects from this level, don’t expect a full-blown Altseason. A strong red candle from here could open the floodgates for mid and low caps to run wild again. 🚀
📌 Stay patient, stay positioned. The move will be big—just a matter of “when.”
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
Bitcoin dominance is once again hovering around the key resistance zone (~64%) that previously triggered a sharp rejection and boosted altcoins. 🚨
🟢 What we're watching:
Dominance bounced back after a breakdown from the rising wedge 📉
It's now retesting the breakdown zone (red resistance)
A rejection here = Altcoin Rally 🎯
A clean breakout above = Altcoins stay weak ⚠️
⏳ We’re at a decision point. Altcoin bulls are watching this zone very closely.
🧠 Our take:
Until BTC.D rejects from this level, don’t expect a full-blown Altseason. A strong red candle from here could open the floodgates for mid and low caps to run wild again. 🚀
📌 Stay patient, stay positioned. The move will be big—just a matter of “when.”
Dagangan aktif
BTC Dominance Update
BTC Dominance is showing initial signs of rejection from the key red resistance zone we’ve been watching closely.
📉 A daily close below this zone would be a strong signal for altcoin strength in the short term.
As long as this zone continues to act as a solid resistance, expect more upside movement in alts across the board.
Let’s see how today’s candle closes.
Stay tuned — alt season might just be warming up!
Nota
BTC Dominance is free-falling👀
Alts are gearing up for liftoff.
Send it to hell👽
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.
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.