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Market Cap BTC Dominance Breaks Support (Where To Next?)
Market Cap BTC Dominance, %
Short
Market Cap BTC Dominance Breaks Support (Where To Next?)
By AlanSantana
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Updated
Sep 10, 2019
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Sep 9, 2019
BTC Dominance (BTC.D) just broke and closed below our main support EMA10 (72.41), sending out a bearish signal.
We are seeing increasing bearish action and a top formation when the last peak produced strong bearish divergence with the MACD and RSI.
The major trendline holding BTC.D has also been broken.
The next support levels are marked in the chart with dashed blue lines.
Conditions for change
If BTC.D closes above 73.55 with good strength and volume, the above signals become invalid.
Longer-term analysis for the Bitcoin Dominance (BTC.D) chart:
Namaste.
Sep 9, 2019
Note
Etherparty (FUELBTC)
TOTAL Cryptocurrency Market Capitalization | Keeping It Simple!
Sep 10, 2019
Note
Litecoin (LTCBTC)
Bitcoin (BTCUSD) + Altcoins
Sep 10, 2019
Note
BlockMason Credit Protocol Cuts Pass Resistance| 180%+ Potential
Ambrosus Ready To Move After New All-Time Low!
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