#BTC Dominance at decisive point. Will alt season continue?
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Let's get back. to this quick update:
BTC Dominance followed our previous charts correctly with a 100% accuracy, you can check it by. yourself (I'll post the links in this update).
You can observe in the chart itself how the fractals have played out in the chart. Currently it is trading under a channel just like before. Not to ignore that that the current red channel is a rising wedge too which is bearish and we can also see a breakdown which will result in the continuation in this alt season.
How do I know when to exit the altcoins if required?
Well this is pretty simple if you can observe the chart. If this support holds within 16 june which means if any Daily candle closes in Green making a higher highs, we will exit alts (Not a financial advice). This will confirm the reversal in the trend.
And If any daily candle close below the support line alts will continue to rally.
I will be posting more updates on BTC altcoins stay tuned and please follow me for more future updates.
Stay safe
#PEACE
Follow me for more future updates.
Let's get back. to this quick update:
BTC Dominance followed our previous charts correctly with a 100% accuracy, you can check it by. yourself (I'll post the links in this update).
You can observe in the chart itself how the fractals have played out in the chart. Currently it is trading under a channel just like before. Not to ignore that that the current red channel is a rising wedge too which is bearish and we can also see a breakdown which will result in the continuation in this alt season.
How do I know when to exit the altcoins if required?
Well this is pretty simple if you can observe the chart. If this support holds within 16 june which means if any Daily candle closes in Green making a higher highs, we will exit alts (Not a financial advice). This will confirm the reversal in the trend.
And If any daily candle close below the support line alts will continue to rally.
I will be posting more updates on BTC altcoins stay tuned and please follow me for more future updates.
Stay safe
#PEACE
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