TradingView
Cryptorphic
Jun 18, 2020 3:17 AM

#BTC Dominance breaks! Altseason continues until this happens! Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

Welcome to this quick update.
Thanks for the unmatchable support you've shown so far. Keep supporting if you find my work deserving.

1. Dominance broke down an important support level which held for the last 122 days.
2. As per fractals it should fall for approximately -5.88 % to the lower green support level from here which will result in anther alt rally for the next 4 to 6 weeks.

INVALIDATION POINT:
1. If it breaks above the 50D MA (Red line) and closes above it.
2. A positive daily close above the support line (Red Line).

This breakdown will result in 200 to 300% profit in the next 4 to 6 weeks in many altcoins. Follow me to know the TOP 10 altcoins to trade this season.

THE BEST THING ABOUT TRADINGVIEW IS YOUR CHARTS DOES THE TALKING, So go through my previous altcoin updates to know about my accuracy. If you find it deserving please like and shoot a follow for more future updates.

Thanks for reading

Stay safe
#PEACE

Comment

I'll keep this update as short as possible.
Welcome to this quick update.
I've been monitoring BTC .D Since the last 4 months and have speculated every move correctly.
Now the question comes what next?
In my last update I told you all that BTC .D will break down and the alt season will continue. It's happening!!!
I am expecting it to fall to the 62. xx level soon which will eventually trigger a 4 week+ Alt Season.

Check out my other Updates to know where we started!
Hope you got into my calls like COTI CTSI ICX REN REP and many more. I will post 3 more alts in the next 48 hours so stay tuned for that.

If you like this update please hit the like button and share your views in the comment section.

Comments
Crypto_Burns
Was looking at dominance before entering alts,looks like a perfect point to enter some!
Cryptorphic
@Crypto_Burns, Waiting for a confirmation RED candle would be a better idea.
Crypto_Burns
@Cryptorphic, Makes sense
IamPhoenix33
@Crypto_Burns, There's just something about BTC ... when lambo? I am going long on XMR. Will keep 0.25 BTC as Elon Musk seems to have suggested hehehe. 🍄
Intu
Waiting for more dip...

Thanks for update mate !!!
Cryptorphic
@Intu, My pleasure
doctrumps
I wish I could find a way to print this - it is so helpful!
Slypowder
verry good chart
Satofomo
Still actual or no ?
IamPhoenix33
If it stays below 67% I am happy with my hodling positions ♾️🙏🏼✨
More