🚀 Hey Traders! 👋
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
Bitcoin dominance is once again hovering around the key resistance zone (~64%) that previously triggered a sharp rejection and boosted altcoins. 🚨
🟢 What we're watching:
Dominance bounced back after a breakdown from the rising wedge 📉
It's now retesting the breakdown zone (red resistance)
A rejection here = Altcoin Rally 🎯
A clean breakout above = Altcoins stay weak ⚠️
⏳ We’re at a decision point. Altcoin bulls are watching this zone very closely.
🧠 Our take:
Until BTC.D rejects from this level, don’t expect a full-blown Altseason. A strong red candle from here could open the floodgates for mid and low caps to run wild again. 🚀
📌 Stay patient, stay positioned. The move will be big—just a matter of “when.”
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
Bitcoin dominance is once again hovering around the key resistance zone (~64%) that previously triggered a sharp rejection and boosted altcoins. 🚨
🟢 What we're watching:
Dominance bounced back after a breakdown from the rising wedge 📉
It's now retesting the breakdown zone (red resistance)
A rejection here = Altcoin Rally 🎯
A clean breakout above = Altcoins stay weak ⚠️
⏳ We’re at a decision point. Altcoin bulls are watching this zone very closely.
🧠 Our take:
Until BTC.D rejects from this level, don’t expect a full-blown Altseason. A strong red candle from here could open the floodgates for mid and low caps to run wild again. 🚀
📌 Stay patient, stay positioned. The move will be big—just a matter of “when.”
Trade attivo
BTC Dominance Update
BTC Dominance is showing initial signs of rejection from the key red resistance zone we’ve been watching closely.
📉 A daily close below this zone would be a strong signal for altcoin strength in the short term.
As long as this zone continues to act as a solid resistance, expect more upside movement in alts across the board.
Let’s see how today’s candle closes.
Stay tuned — alt season might just be warming up!
Nota
BTC Dominance is free-falling👀
Alts are gearing up for liftoff.
Send it to hell👽
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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.