BTC.D a relief for altcoins?
Zaktualizowano
BTC.d is testing the 44% on the weekly resistance, it's a key level and we could see a pullback of 43%.
On the daily timeframe, the dominance had a breakout from an important resistance.
We could see a pullback on that area during the next weeks and the altcoins could get relief from that movement
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
On the daily timeframe, the dominance had a breakout from an important resistance.
We could see a pullback on that area during the next weeks and the altcoins could get relief from that movement
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Uwaga
The price got a rejection from 44% ad I told you and now it's testing the Fibonacci level.If the price is going to lose the 0.618 Fibonacci level, we could see relief for the altcoins
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