Cryptorphic

#BTC Dominance is Bearish! Massive ALT SEASON will trigger soon.

Short
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Although I have been calling for an Alt season for the last 4 weeks.
A massive rally looks imminent in Altcoins.
Below are the reasons we can see an Altseason trigger:-

1. Close below 21 MA confirmed
2. close below 50 MA confirmed
3. Possible bearish Crossover below 21 MA below the 50 MA.
4. BTC Dominance got rejected from the red resistance zone.
5. Multiple indicators show signs of bearishness in this chart.

Invalidation:- Dominance staying above the 200 MA is a problem. Dominance must break below it to confirm the trend.
The lower target for Dominance is around

Let me know your thoughts.

Thank you

#PEACE

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

$4000 USDT Bonus and Premium Discord for free:- bit.ly/4000USDTBonus

Join My ELITE CLUB:- bit.ly/Join_elite

Idee correlate

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.