Looks like we could go below $9K if this region does not hold. It is much needed as a textbook retracement so don't worry too much. We recommend no longs at all until the stability is there. This could drop more. Trade Safe
This is an interesting one. Brilliant and long term potential in this however again with the Bitcoin position even with great news or partnerships, no big moves just yet. Keep a close eye on Vechain it has some real value in China. Could be interesting
It is a tough one looking at the alt-coin market knowing that Bitcoin is still high but alt-coins still not thriving. The lower these altcoins do go the higher the dominance will remain, or maybe even go up further.
Still, a real bear season for the crypto space and ETH is reflecting that the most. In terms of fundamentals, some hype and interest may come with the release of V2 at the end of the year and into 2020... Wait for entry
With Bitcoin stable you may well see a move from Link, the Fud appears to of died down a little, but it is still at a huge make or break section in where it is right now. So keep tight stop losses.
Even with the new FA of Binance doing lending. It still looks more likely for Binance to go down than up based on the overall trend of the market. I would be waiting for an entry. It looked good 8 days ago but now it has taken a lot off it's prize even with a stable Bitcoin.
With the links of Jaguar Land Rover... Is it possible we could get a push due to the FA and the hype on this? Totally possible but at the momentum market is flat so may not get as much excitement as previous announcements like this.
Still looking very bearish for Bitcoin Cash. Seems like a lot of the volume has gone and remains to be under a lot of resistance and bearish pressure. Be patient, will have some good buying opportunities coming up in the future.
Depending on your strategy. This could be an interesting entry. NEO could with good FA be a fantastic coin to investing. You just need to wait for the right moment to jump in. At the momentum, the same old mantra is waiting for Bitcoin Dominance to come down until making a move.
TRX is an odd one. I'll be honest. Not the biggest fan of the founder but with the hype around what he can generate, any move with Bitcoin Dominance you can always back TRX to move up, this is low. It can go lower but wait for trendline breaks.
XVG Is a risky one but we are starting to see the 2 digit satoshi coins pump and XVG always likes to move forward. Certainly worth keeping your eye on this one.
This one is a hard one. Looks like a wave cycle up over the last few weeks and possible bearish pressure to come now. However be careful this could pop up as it is on the EMA's as support.
Risky play but it does look like the weakness in the bulls is showing. It is a big area for Bitcoin to hold and if it does not it could fall into those 9K regions which will increase the fear in the market.
Can we break out this time? Rejection in mid-july was key to another breakdown. This could be the start of a move up or further downside. We are remaining out of this but hoping to give you an insight that it needs to crossover that EMA34 and sold as support to act.
Still find that a lot of money is not touching the alt-coins at the moment. Which is a little bit worrying if the Bitcoin Dominance still goes up. Would mean more blood on the alt-coins as we move into a new week.
Is this the perfect storm? Perfect 618 tap on the Fibonacci along with a bullish divergence on the daily timeframe. Looks good but remember your risk management on this one. Could drop lower if Bitcoin has a bad day.
If we are talking about the future. You'd expect at some point we would have a big drop down in Bitcoin Dominance. It all depends on when. Which could would push up the alt market against the Bitcoin Dominance. How patient must you be? How high can we go before we do come down?
14% channel appears to be in play on the 6 hour with ADA. Hard to see what could happen with the alt-coin market right now but ADA keeps trying a possible breakout to the upside.