BITCOIN DOMINANCE UPDATE! SHOULD HOLD YOUR ALTCOINS OR NOT?
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Welcome to this BTC DOMINANCE update.
Bitcoin Dominance is trading inside a channel in the weekly time frame. Currently, it is rejecting from the upper trendline of the channel. If we get a rejection from here then we will see a relief rally in Altcoins.
If Bitcoin dominance breaks above this channel and any weekly candle closes above 45.20 level then we will see another crash in Altcoins.
Here is a simple plan you must follow:- You can buy some good altcoins with the tight Stop loss and keep a close eye on Dominance. If we get a weekly close above 45.2 then exit from all Altcoins.
What do you think about this?
Do you think we will see a relief rally in Alts from here or we will another crash in Alts?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this BTC DOMINANCE update.
Bitcoin Dominance is trading inside a channel in the weekly time frame. Currently, it is rejecting from the upper trendline of the channel. If we get a rejection from here then we will see a relief rally in Altcoins.
If Bitcoin dominance breaks above this channel and any weekly candle closes above 45.20 level then we will see another crash in Altcoins.
Here is a simple plan you must follow:- You can buy some good altcoins with the tight Stop loss and keep a close eye on Dominance. If we get a weekly close above 45.2 then exit from all Altcoins.
What do you think about this?
Do you think we will see a relief rally in Alts from here or we will another crash in Alts?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
