DAILY TIME-FRAME UPDATE FOR #DOMINANCE
As shown in the graphic, dominance is creating two patterns, one of which is a rising channel pattern and the other a symmetrical triangular pattern.
Dominance is up against the 300D strong resistance, so ideally we can anticipate a rejection from here. However, if dominance breaks this level, it will rebound to the channel's upper level, or about 8.77%.
We have support from 8% to 7.80% and 7.50%.
Disclaimer: This analysis is not financial advice. Trading cryptocurrencies involves risk, and past performance is not indicative of future results. Always conduct your research and consult with a professional advisor before making investment decisions.
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As shown in the graphic, dominance is creating two patterns, one of which is a rising channel pattern and the other a symmetrical triangular pattern.
Dominance is up against the 300D strong resistance, so ideally we can anticipate a rejection from here. However, if dominance breaks this level, it will rebound to the channel's upper level, or about 8.77%.
We have support from 8% to 7.80% and 7.50%.
Disclaimer: This analysis is not financial advice. Trading cryptocurrencies involves risk, and past performance is not indicative of future results. Always conduct your research and consult with a professional advisor before making investment decisions.
Follow us for More Quality Analysis.
Nota
#DOMINANCE appears to be good
A bearish diversion move is being displayed by dominance.
Hopefully, there will be a rally on ALTS.
Nota
Over the past 23 days, dominance has caused RSI to diverge in a bearish direction, but right now, RSI is breaking above the resistance, which isn't good.
Watch how the market responds!
Nota
#dominance Keeping it simple, we need a daily candle close below this level.
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toobit.com/t/CryptoMojo
bingx.com/invite/WKCI5X/
Free TG Daily Futures Signals: 👉 linktr.ee/CRYPTOMOJO_TA
toobit.com/t/CryptoMojo
bingx.com/invite/WKCI5X/
Free TG Daily Futures Signals: 👉 linktr.ee/CRYPTOMOJO_TA
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.