BTC.D - what to do with altcoins 🤔❓

Bitcoin dominance is now in a large range between 40 and 50. In addition, the dominance is in local consolidation. It is difficult to say right now where bitcoin dominance will go. But the trend line is clearly visible on the chart. If the dominance indicator breaks the trend line, rises above the local consolidation, and tests it as support, it is likely that the next target will be at 50. In that case, it would be wise to sell your altcoins. If the price breaks the lower boundary of the local consolidation, it is very likely that the dominance will move to the area below. And the altcoins will continue their rise.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

评论:

second scenario