TradingOn

BTC.D 1D (CryptoCap) Descending channel breakout

Long
TradingOn Zaktualizowano   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
This looks like a clear bullish breakout and retest for Bitcoin Dominance to me.
It makes me thinking that ALT market could suffer for next 2 months or so!
We may see a last pump from here and there but I believe this is the return of king BTC.
If this was tradable, I'd be longing on the zone, but since it's only an index, I will reduce my alt positions.

Komentarz:
My view would allow an alt season in November!

Komentarz:
Playing out almost exactly as planned...

Komentarz:
#BitcoinDominance is still going up!

Komentarz:
Rejected on highest parabolic curve

We could see a pullback to the lowest parabola letting ALTs breathe a little!

Komentarz:
Nailed it so far on #BitcoinDominance

I hope you shorted some ALTs or at least reduced exposure as I suggested several times!
I am now expecting that pullback before it resumes bullish.

Komentarz:
BTC.D 3D: That would be the macro view:


Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.