Looks interesting. A little push here from the alt-coins which is a sign of money going into alt-coins instead of Bitcoin... This needs to go up with BTC dominance to go down though.
Looks like a failure in the bounce up and bearish momentum could take hold of the weekly timeframe with ETH. I'd be careful going long and wait for confirmation but so far this is a bad week for ETH.
We look and feel bearish, corrective pattern unless there is a sharp move to the upside with a slip from resistance into support. Be careful with your longs. I'd sit this out and wait for some price action
ETC hardfork has now been completed, expect this to go down. With buy the rumour and selling the news. It had a small rally up but not an enough to get enough interest in the market from buyers to create some hype and futher price action.
Lower we go with XLM. Everything is getting interesting with it. It could get really interesting if it keeps going lower. We know Bitcoin Dominance is still really high and this is forcing the alt-coins to come down. This could retrace elements of the drop and get some good gains.
Tough one this failed push on the EMA34, this could go a lot lower if support is lost at the lower ends. Be careful with this. Ensure you look at BTC.D it has to go down for a long period of time to allow a trend to form.
Looks like a bearish trend is fully in play here. Could get interesting if this does not bounce. This could bounce up but if it falls below it could really go a lot lower. Wait for clear direction before deciding
Good fundamentals coming with main net and other launches on the matic network. We may not see any big jumps though as dominance is high on BTC and so far we have not seen a run-up. Keep it on your watchlist though. FA is always good to keep an eye on.
XRP could start moving if this plays up with the rest of the dominance within the market, as it does appear to be coming down. XRP has had some good news and momentum could trigger extra buyers into the market.
Very rare to see a trended up coin above the EMA34. This could be a good sign. Wait to see if the EMA34 holds as support on the daily then a possible entry with a tight stoploss below the EMA34 could be good protection.
Light at the end of the tunnel? Possible however a lot of different factors need to be considered before jumping feet first into any altcoin. This needs to be going up as bitcoin dominance is coming down.
We have found ourselves in another retest region of one of the main trend tools on the alt-coin market. This is key but DO NOT jump in too early wait for it to be a support, not resistance. ONT has a habit of running and having good volume in when there is fomo. Use that to your advantage for liquidity.
IF Bitcoin Dominance goes down this is prime position to recover some losses in Bitcoin. Always risky but looking at the divergence and with the dominance coming down the last few days it should be a one on your watchlist.
A little obvious on the title but ultimately sometimes you find when the dominance drops it's because of a Bitcoin drop. However, over the last 48 hours, satoshi values have gone up a little as Bitcoin dominance went down. We may find that more of that, people will get more into alt-coins and create further moves.
We seen over the week, a quick tap towards 11K, rejected and back down into the 10,500 regions. This is a really interesting region and it has failed to break out over and not broke below. Seemed to be camping in this region for a while. I'd wait for going long for resistance flip to support. Likewise, short I'd wait for support breakdown.
Looking like further downside is to come on Verge. A lot of bears still pulling it down and with Bitcoin dominance increasing it looks like more down than up.
Tough one to look at, with BTC and a possible bearish move. You could see a drop in USD. This is a key area for Bitcoin Cash, will it follow Bitcoin or will it do its own thing? Wait for Bitcoin, see if it flips support.
XMR is one of few very coins showing some life after support. However, it remains to be seen how far this could go up. Bullish Divergence on the RSI could indicate a possible run-up to the 236 on the Fib. But 73% on the BTC Dominance would mean possible downward movement unless hype and developments takeover.