BTC Dominance (Prj.Y19.P2.E1).Ever so close to a reversal
We can observe the following:
a) Falling Wedge
b) On the DAILY, a BULLISH DIV. (indicated on the RSI with the black line)
c) On the 4 HRLY, a BULLISH DIV. (indicated on the RSI with the black line)
d) Support line indicated by the RED Section.
Thoughts:
BTC might do a move on the upside and hence people are flipping back to BTC as you can note many ALTs have recently done a good increase against BTC, some reaching or going beyond a known resistance.
DAILY Chart
Previous post
a) Falling Wedge
b) On the DAILY, a BULLISH DIV. (indicated on the RSI with the black line)
c) On the 4 HRLY, a BULLISH DIV. (indicated on the RSI with the black line)
d) Support line indicated by the RED Section.
Thoughts:
BTC might do a move on the upside and hence people are flipping back to BTC as you can note many ALTs have recently done a good increase against BTC, some reaching or going beyond a known resistance.
DAILY Chart
Previous post
Dagangan ditutup: sasaran tercapai
Target almost reachedI would expect some pull back with BTC price (maybe 1/3 of 3K gains) while slower performing ALTs make their way up.
Nota
Target still in range
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Penerbitan 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.