hello friends.
BTC Dominance is in an important zone.
and its near 200 day MA and maybe we touch this MA at 42.7 and then pullback.
if this section happen we could rally up to 45% and 47% that shows a massive correction
for altcoins.
if we lose this 200 day MA we could go down to 41.55% and then 40%.
if this happen we will see massive rally from altcoins.
but according to the market conditions i think we touch 200MA and then go up.
so maybe we will see altcoin crash these days and altcoins will see their downside supports.
thank you for reading my idea.
please comment your opinion and teach me something new!
(!!!NOTE!!! : my ideas are not trading or investing advice.
so follow your own strategy and your own opinion.)
BTC Dominance is in an important zone.
and its near 200 day MA and maybe we touch this MA at 42.7 and then pullback.
if this section happen we could rally up to 45% and 47% that shows a massive correction
for altcoins.
if we lose this 200 day MA we could go down to 41.55% and then 40%.
if this happen we will see massive rally from altcoins.
but according to the market conditions i think we touch 200MA and then go up.
so maybe we will see altcoin crash these days and altcoins will see their downside supports.
thank you for reading my idea.
please comment your opinion and teach me something new!
(!!!NOTE!!! : my ideas are not trading or investing advice.
so follow your own strategy and your own opinion.)