The BTC Dominance chart is testing a long-term weekly resistance zone.
Every time it hit this trendline in the past, we saw a strong reversal. If history repeats, altcoins could soon gain serious momentum.
Stay alert. A shift might be coming.
#BitcoinDominance #Altseason
Every time it hit this trendline in the past, we saw a strong reversal. If history repeats, altcoins could soon gain serious momentum.
Stay alert. A shift might be coming.
#BitcoinDominance #Altseason
Trade active
USDT Dominance is still stuck inside a strong downtrend channel.
It got rejected again at the top of the range right inside the cloud and below the 200 EMA.
Here’s why that matters 👇
- Bears defended the trendline
- Price failed to reclaim key resistance
- Cloud structure shows weakness ahead
If this keeps sliding, it could open the door for altcoin momentum.
Liquidity might be shifting. Keep an eye on it.
DYOR, NFA
#ALTSEASON
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Register on Blofin and trade with me: bit.ly/Mojo1000
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
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.