BTC dominates. 48+%. Every day it is going higher. Whales pump BTC, so people do FOMO and invest in alts. Then they sell their altcoins and dump BTC again. Playing like a boss. It will continue till 13 Sep. They wanna make at least 55% dominating of BTC.
Here are the support levels:
1) 6900-7100
2) 6750-6850
3) 6000-6200
4) 5600-5800
5) 5250-5400
*** The information is just an idea for educational and discussion purposes. ***
Here are the support levels:
1) 6900-7100
2) 6750-6850
3) 6000-6200
4) 5600-5800
5) 5250-5400
*** The information is just an idea for educational and discussion purposes. ***
Note
Dropped to the first support level as I predicted. The next support level is 6750-6850 which is so strong one. Note
Look at SHORT. LOLNote
Note
Tested 6900-7100 level and that was okay, now it will up to 7200-7300, then will down again.Note
Range time as I predicted. It will range from 6900 to 7100. Seems bears are really strong, they are forming bearish scenario.Trade active
Note
We are going to the second support zone which is a potential bounce area. But I don't expect a huge pump. Maximum 7300 if it can hold price above 6750. Be careful, a pump of few allcoins is a trap. I have warned you about that.Trade active
The new deadline for ETF is September 30th. I told you. LOL.Trade active
The second support zone (6750-6850) was broken. Now we are going to 6600, then 6000.Note
Trade active
As I mentione the support levels were :1) 6900-7100
2) 6750-6850
3) 6000-6200
4) 5600-5800
5) 5250-5400
The second support level was so strong one. Always if it breaks down from a strong support zone, then that support zone becomes a resistance. So I predicted it would act like that. (The light red line was my prediction). As you see it bounced from 3rd support zone, then jumped to previous support zone(resistance)
The other hand look at the EMA20 (RED), you see how EMA20 push the price down? and look at the volume. Such pumps are fake.
Note
The 3rd support zone was brokenTrade active
The right should. Note
Aug 4: "It will continue till 13 Sep. They wanna make at least 55% dominating of BTC"Today, BTC Dominance: 51.1%. +4% more and altcoin season will be open :-) Be ready hunters.
Trade active
Trade closed: target reached
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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.