As long as Dominance stays above this support level, there is no alt season. Do not be scammed by the scammers who pretend to be traders on trading view. The same scammers have been calling for alt season by misleading people through BTC.D charts. Yes, the D dropped by 5%, but it recovered very quickly and there will be non alt season unless the D breaks below the major support shown in the chart. Don’t let them mislead you. Weekly RSI is showing a divergence, which means there might be a reversal in the near future, but RSI alone is not reliable enough and so far despite the divergence on the RSI, the D keeps rising and the Alts keep bleeding.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.