BTC.D crucial zone to watch for
Updated
Hello everyone,
I called the TOP of BTC.D at 70% and the are to watch in the zone of 58 to 50%
Since then BTC.D bounced on 57% and BTC maximalists are punishing alt holders.
I would like to point out the linear resistance (blue line) as well as the Fib. one.
The blue circle is important area to watch. If BTC.D will break it upwards then Alts will have maximum pain and will drop further down. I personally see the current BTC power to go towards 65% and then I´m expecting alts relief rallye. Feel free to share your opinions in comments below.
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
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I called the TOP of BTC.D at 70% and the are to watch in the zone of 58 to 50%
Since then BTC.D bounced on 57% and BTC maximalists are punishing alt holders.
I would like to point out the linear resistance (blue line) as well as the Fib. one.
The blue circle is important area to watch. If BTC.D will break it upwards then Alts will have maximum pain and will drop further down. I personally see the current BTC power to go towards 65% and then I´m expecting alts relief rallye. Feel free to share your opinions in comments below.
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Trade active
Bitcoin dominance reaching local top ? Very close to a previously mentioned linear resistance. RSI high and Stoch nearly about to cross. We are getting closer to the decision Note
Closer view update (5h) - Gap zone 
Note
Hello everyone, looks like bitcoin dominance faked out. It also seems that it triggedred the alts relief run which might hold for a while. This is latest update 
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