Bitcoin dominance can rise above 71%, Alts will drop soon
Updated
Bitcoin dominance bounced from 68% after touching the support multiple times, Looking at the current daily candle arrangments. It's very likely to Bitcoin dominance will slowly grow from here and face the next resistance at 71.3%.
MACD also had a bullish crossover recently and giving early bullish signs on the daily timeframe.
I am expecting Bitcoin to drop along with Major altcoins during this upcoming Bitcoin dominance rise.
It's safe to exit from profitable altcoin positions in the next few days, and also it's wise to open SHORT Swing positions for Altcoins Like-TRX, ADA and XRP with low leverage and low-risk capital.
MACD also had a bullish crossover recently and giving early bullish signs on the daily timeframe.
I am expecting Bitcoin to drop along with Major altcoins during this upcoming Bitcoin dominance rise.
It's safe to exit from profitable altcoin positions in the next few days, and also it's wise to open SHORT Swing positions for Altcoins Like-TRX, ADA and XRP with low leverage and low-risk capital.
Trade closed: target reached
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