WARNING!!! THIS MUST HAPPEN IF WE WANT TO SEE ALTS FLY.
Good morning my friends, my analysis on $BCH was taken down because i might have violated one of the house rules unknowingly to me but its sorted now, and that trade hit my stop because of the unforseen $LTC & BTC manipulation.
so back to the chart this is ALT index has we can see forr the past few days btc have been moving sideways which has caused ALTS to suffer... now it seems btc is growing and its needs to to break amd close above $47753 resistance before we can start loooking for any long oppurnity but i say we stay off alts for now because btc dominance is also rising and you know what that means.
take a good look at this chart we need to break current resistance and retest before further growths of ALTS else we might dump from here and test current support again and God helps us btc dont dump with it cause it will be a blood bath for alts.
stay safe i'll update you guys if needed.
so back to the chart this is ALT index has we can see forr the past few days btc have been moving sideways which has caused ALTS to suffer... now it seems btc is growing and its needs to to break amd close above $47753 resistance before we can start loooking for any long oppurnity but i say we stay off alts for now because btc dominance is also rising and you know what that means.
take a good look at this chart we need to break current resistance and retest before further growths of ALTS else we might dump from here and test current support again and God helps us btc dont dump with it cause it will be a blood bath for alts.
stay safe i'll update you guys if needed.
