Bitcoin dominance is nearing a breakout from trend line resistance. Keep a close watch as a breakout from here could lead to a short-term market correction, negatively affecting altcoins. Stay cautious with your long positions and use proper stop loss strategies.
KEEP A CLOSE WATCH ON IT
KEEP A CLOSE WATCH ON IT
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BTCDOMINANCE breakout + retest done...Stay cautions of your long positions
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BTC dominance is rising as anticipated following the breakout, while altcoins are experiencing a pullback. Market conditions are challenging right now, and volatility is high.
Stay cautious, protect your capital, and avoid unnecessary risk. Focus on solid setups and preserve your position until the market shows clearer direction. Stay safe, traders!
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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.
🚀 Join my Telegram community for free crypto signals, entry/exit points, and real-time market updates!
👉t.me/CryptoPrime18
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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.