1st: BTC.D Chart we can see BTC.D broke resistance "48.5%" to upside & will face big resistance at "53.67%" the 210 WMA which was effective resistance at previous cycle & at "59.64%" you can't determine the exact resistance BTC.D will start to stop in favor of ALTs ,But we can say somewhere between the two resistances 53.67% & 59.64% As every cycle #bitcoin losing more dominance i highly expect resistance at these levels and new lows in this cycle shown on the path below , price discovery downside for BTC.D .
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.