alanmasters
Corto

Market Cap BTC Dominance Shows Additional Weakness

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
We looked at the Market Cap BTC Dominance ( BTC .D) chart recently and noticed a potential top/peak being hit.

This was marked by bearish divergence coming up on both indicators, MACD and RSI , as well as decreasing volume and alts season coming up.

Now, we are seeing BTC .D move and close below EMA10 (72.11) for the second time.

If the last low at 72.00 fails, we are very likely to see BTC .D move lower to 70.53 - 71.00, followed by 69.65 which is the 0.236 Fib. retracement from the last bullish wave.

The main potential scenarios are drawn on the chart.

Where do you think Bitcoin ( BTCUSD ) is headed?
Share your thoughts in the comments section below...

Bitcoin ( XBTUSD ) Full Short Trade | 70% on 8X Lev

EOS Long-term | 530%+ Profits Potential to ATH

Ripple (XRPU19) Full Long Trade | 230% ROE on 7X

Thanks a lot for reading.

Namaste.
🌐 ALAN MASTERS TRADES PREMIUM
https://alanmasterstrades.com

💬 CHAT ➡️ FREE | https://t.me/AMTrades

VIP TELEGRAM CHANNELS
🅰️ Altcoins https://t.me/AMC1REGBOT
⭐️ Binance Calls https://t.me/BCREGBOT
💎 BitMEX Trades https://t.me/BBLREGBOT

Ideas relacionadas

Comentarios

Quite a drop today (for now)
Responder
Lets make some money :)
Responder
Great idea!
What do you think about my analysis?
Responder
any update about eos?
Responder
alanmasters BAHUBALI001
@BAHUBALI001, It looks like it will continue moving higher.
Responder
Responder
Hidden bull divergence forming
Responder
GreenValleyTrading GreenValleyTrading
But still space for a fall first !
Responder
alanmasters GreenValleyTrading
@GreenValleyTrading, Thanks for sharing.
+1 Responder
@alanmasters, Thank you too !
Responder
Inicio Analizador de acciones Analizador de Forex Crypto Screener Calendario económico Cómo funciona Funcionalidades del gráfico Precios Recomendar a un amigo Normas Centro de ayuda Soluciones broker y sitio web Widgets Soluciones gráficas Biblioteca de gráficos ligeros Blog y Noticias Twitter
Perfil Opciones de configuración del perfil Cuenta y facturación Recomendar a un amigo Mis Tickets de Soporte Centro de ayuda Ideas publicadas Seguidores Siguiendo Mensajes privados Chat Cerrar sesión