Bitcoin Dominance (Potential Altcoin Season?)

28 thg 8, 2021

💎Technical Analysis Summary💎


Bitcoin Dominance

-We can see the BTC Dominance level is respecting the EMA19
-The Dominance level 45 is previously supported now acting as resistance
-This consolidation below support is potentially a bearish pattern
-If the last support at level 43.50 breaks and closed lower
-The bear flag pattern will be confirmed
-I'll be expecting another run for the altcoins space
-The month of September would be interesting
-The next potential support level is somewhere 42-41
-Be ready and when the oppurtunity presents itself
-Make sure you have a trading plan to trigger the buy button
-Good luck and stay safe everyone!




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