AlphaTradeZone®
#Dominance Update ‼️ Remember our last #BTC #Dominance update? 💥 Check out how it played out so far. Perfection! ⚠️ Following our squiggly line nicely, so far Dominance reclaimed the broken support at 66%. ‼️ Hovering above that support line we have nothing…
‼️ #Dominance Update
⚠️ Hope you are following closely here.
✅ Last update is playing out as per plan!
📍 Flawless. Alts are losing value vs BTC as we outlined four days ago.
➡️ There is no change in our analysis and we are expecting further increase in BTC dominance.
People are selling their alts for bitcoin. I am expecting selling climax soon, which would create nice bottoming formations on altcoin vs btc charts.
For now most alts are in downtrend, so keep your BTC safe and i wouldnt advised to go full risk on alts.
https://www.tradingview.com/x/Q2B0Z7FI/
⚠️ Hope you are following closely here.
✅ Last update is playing out as per plan!
📍 Flawless. Alts are losing value vs BTC as we outlined four days ago.
➡️ There is no change in our analysis and we are expecting further increase in BTC dominance.
People are selling their alts for bitcoin. I am expecting selling climax soon, which would create nice bottoming formations on altcoin vs btc charts.
For now most alts are in downtrend, so keep your BTC safe and i wouldnt advised to go full risk on alts.
https://www.tradingview.com/x/Q2B0Z7FI/
AlphaTradeZone®
‼️ #Dominance Update ⚠️ Hope you are following closely here. ✅ Last update is playing out as per plan! 📍 Flawless. Alts are losing value vs BTC as we outlined four days ago. ➡️ There is no change in our analysis and we are expecting further increase in…
#Dominance Update
⚠️ IF you followed our updates on #BTC #Dominance, you should be good and not touching alts for some time now.
‼️ As you see from the chart dominance is increasing and alts are bleeding vs btc.
⭕️ Possible target for dominance is 70% mark, at which moment it would be good to look for entries in your favorite alts.
That doesn't mean just blindly buy, it means to check the TA chart of the respective alt and enter if it offers a viable long setup.
Dominance still has upside potential.
✌️
https://www.tradingview.com/x/H5uLrge7/
⚠️ IF you followed our updates on #BTC #Dominance, you should be good and not touching alts for some time now.
‼️ As you see from the chart dominance is increasing and alts are bleeding vs btc.
⭕️ Possible target for dominance is 70% mark, at which moment it would be good to look for entries in your favorite alts.
That doesn't mean just blindly buy, it means to check the TA chart of the respective alt and enter if it offers a viable long setup.
Dominance still has upside potential.
✌️
https://www.tradingview.com/x/H5uLrge7/