You can open a Long or short position, it depends on the support will be broken or resistance will be broken. Let's be ready to open position after broking.
As it can be seen, BTC broke the downtrend line, it waits for what? I think it starts to make a right shoulder as a pullback to a broken trend line. we look forward to breaking the neckline. if it will fail, we are waiting for 20K. Hey guys, care about BTC dominance too, I think it will be supported on the 43% level. what will be happened if BTC will be upward...
As shown in the chart above, the BINANCE:DOGEUSDT price has two important support and resistance lines in the 1-hour time frame, located at the closest point to the intersection of these two lines. At the moment, the price has broken the resistance , and if it stabilizes here, it can be expected to be supported and exit the downtrend for a short time....
Bitcoin Dominance Index Analysis The most important point for the bitcoin dominance chart is 50, let's see it: As you can see, before 2017, when Bitcoin accounted for almost 90% of the market, then July 17, August 10, August 22, and September 27 reacted to the 50% index, which was supported 4 times. Excellent short-term growth and then a re-fall on November 12,...