My excuse for the title is merely not clickbait as it's been seen on ada dominance chart is currently rising along side with ltc dominance while most of Altcoin (most of 10 biggest marketcap) is going down or consolidating.
Currently it's testing 200 EMA on 4 hour chart and it's looking bullish from it's indicator
DMI+ is rising significant, dmx is currently rising a bit. good bullish sign for a while.
macd line crossover made a signal for buy.. and buyer histogram is rising..
we will see if it manage to get over 200 EMA as if it does might be a good sign for bullish sign for this asset.
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
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at this time i made post it currently spiking up in cardano dominance..
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sorry for the changes, my tradingview accidentally closes my previous chart without save. so i redo again with different color.
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This post will become invalidated if the price action manage to get below this trendline or prolonged sideways.
This post will become invalidated if the price action manage to get below this trendline or prolonged sideways.
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these price just broke the recent trendline. i expect support/resistance near fib line.