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~BITCOIN DOMINANCE ANALYSIS~
~BITCOIN DOMINANCE ANALYSIS~
- We have a sell signal on Market Cap BTC Dominance chart on Megalodon indicator with an ABCD bearish pattern. The target for the ABCD is also corresponding with our shorter term 61.8% levels. Coincidence? I don't think so!
~ETHEREUM ANALYSIS~
- We do need to confirm the bull on ETH by closing above $203.91. If we do, first target is around $245.43
- Shorter Term traders should watch for this Trend Line and wait for the next buying setups.
- Our Potential Reversal Zone for the bulls are sitting between $185.79 and $183.25
- We are getting closer to our Potential Reversal Zone between $69.84 and $49.10
- Trend Caller is showing strong buy signals and timer has turned neutral for the Longer Term. We should also not break this trendline!
- We are waiting for the next strong buying opportunity for entering our day trade.
~Bo
Megalodon Trading
Enlightening the modern investorsOur most powerful tool call the bottom on Bitcoin here. - We do need to confirm the bull on ETH by closing above $203.91. If we do, first target is around $245.43
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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.