cybernetwork

More pain ahead for Altcoins after some initial gains?

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Bearish for altcoins in the mid to long term if BTC.D finds support at ca. 68.7% and rebounds (at or before 6th Sept).

Neutral for altcoins, if BTC.D drops below 68.7%, or fails to move higher away from 68.7% after 6th Sept.

Bullish for altcoins, if BTC.D falls below 68.7% and retest as resistance with immediate target down to 66.64% (then chart to be reassessed).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.