HiteshMalviya

Bitcoin dominance can rise above 71%, Alts will drop soon

HiteshMalviya Diupdate   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Bitcoin dominance bounced from 68% after touching the support multiple times, Looking at the current daily candle arrangments. It's very likely to Bitcoin dominance will slowly grow from here and face the next resistance at 71.3%.

MACD also had a bullish crossover recently and giving early bullish signs on the daily timeframe.

I am expecting Bitcoin to drop along with Major altcoins during this upcoming Bitcoin dominance rise.

It's safe to exit from profitable altcoin positions in the next few days, and also it's wise to open SHORT Swing positions for Altcoins Like-TRX, ADA and XRP with low leverage and low-risk capital.
Trading ditutup: target tercapai

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.