BTC Dominance: Now what happens with your Alts?
Hello everyone, sorry for this late update. I've been travelling since few days.
Coming back to the chart, I've posted a chart in my twitter which is a 4 hr chart, Shows we've already broken out of the resistance but in Daily it's another story.The candle close for the next three days will decide everything. If the Daily closes above the Black trendline reisistance I will try to break even some of my recent buys and Take profits on few alt bags.
I've hedged BTC 40% around 10130 and bought back at 9500. Didn't wait much. Keeping in mind only 77 days left for the halving needs to be in BTC.
For alts, I am just holding and waiting for this confirmation.
So in a nutshell the next 2 to 3 days will decide the fate of Alts.
Stay tuned I will try my best to update everything for you all.
I think we will go downside reason being no bullish confirmations on Indicators, MA, MACD, RSI. No bullish signals from any of them. Besides there's a very strong Area of Resistance that cannot be breached at once. I'll follow up on this So stay tuned.
Do hit that LIKE button as a token of appreciation for all the hard work that I put for these charts.It costs you nothing though :)
Thanks for reading this.
#Peace
Coming back to the chart, I've posted a chart in my twitter which is a 4 hr chart, Shows we've already broken out of the resistance but in Daily it's another story.The candle close for the next three days will decide everything. If the Daily closes above the Black trendline reisistance I will try to break even some of my recent buys and Take profits on few alt bags.
I've hedged BTC 40% around 10130 and bought back at 9500. Didn't wait much. Keeping in mind only 77 days left for the halving needs to be in BTC.
For alts, I am just holding and waiting for this confirmation.
So in a nutshell the next 2 to 3 days will decide the fate of Alts.
Stay tuned I will try my best to update everything for you all.
I think we will go downside reason being no bullish confirmations on Indicators, MA, MACD, RSI. No bullish signals from any of them. Besides there's a very strong Area of Resistance that cannot be breached at once. I'll follow up on this So stay tuned.
Do hit that LIKE button as a token of appreciation for all the hard work that I put for these charts.It costs you nothing though :)
Thanks for reading this.
#Peace
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