If you are banking on your altcoins. This could drop down low. It could go to the lows of the start of 2019 and end of 2018 in satoshi values. Be very careful if you are using BTC to buy altcoins here.
With DASH being under the MA's again it looks a lot more bearish, no real support bounce neither. We feel that this could go even lower.
Possible outlook of a trend continuation from the BTC drop. This could be a good sign of a recover however if BTC decides to change direction fast this could be spoiled.
With the BTC Drop EOS went lower than low and recorded a worrying price. Support has been found though. This is make or break for EOS, it has to bounce
The disappointing month still carries on for NEO. No real hope of anything changing that anytime soon too. BTC dominance to drop and developments of NEO could change that but as it stands, this could fall more.
Link was having a brilliant day before the big drop in BTC. 20% drop all in all on the day with wicks both ends of the candles. Hard one to judge. Looking all of a sudden very bearish again.
Tough one for XRP has been doing well recently but came foul of the BTC dominance increase on the big BTC drop. This could be a good place for a reset.
Bears in control with LTC, crossover on the MACD coming very soon and more than likely go down to previous supports. Below EMA34 on the daily is never a good side.
Market is in total turmoil. Wait before doing anything. The whole market for the altcoins has taken a big hit and could only get worse. Sit on your hands.
Plenty of calls back a few months ago saying we will refind this area again and we have. Wait for a stable market before doing anything rash. This is typical buy the rumour selling the news of bakkt.
Out of most Cryptos, XVG has had the worst run recently. Really struggling to rain above the water and looks set to be heading back down to support. It is always a good one to trade with some good volatility pushes
Are we seeing more downside on the Bitcoin Dominance? Looks like it but not 100% sure just yet. Would certainly start to see some interesting moves in the market if it was the case.
With the US Binance going live tomorrow, it would suggest maybe some interest in and around the BNB token. Buying at support is always better than resistance but we suggest waiting
Still above the trend but could still come down lower. Big area for BAT to get out of and needs a big push.
Another rejection of the EMAs makes for bad reading for NEO. Personally you need to wait this has bears all over it. No real volume coming in, it could pick up if V3 of Neo comes out but as it stands with majority of the alt-coin market. It is just getting hit.
Somewhat a nightmare when you consider that EOS was on a good run and then the BTC dominance started to tail off meaning a slow down in momentum. Personally we suggest waiting for entry. Keep a close eye on what dominance is doing. Alts will pump once more.
EMA Crossover is always good for a coin that has not been over in a while if BTC Dominance keeps going lower everything will fall into place for the alt-coins.
Looks like a turn around is coming for chainlink, looks more bear than bull at the moment. Keep an eye out on this. I would not enter as a long just yet.