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Cryptorphic
Apr 16, 2020 8:38 AM

#Dominance Target 64.20 Alts Relief! Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

Just a quick update guys, This is about your alts!!

I can see that the Dominance just broke below the ascending triangle which is a bearish and good for Alts.
I expect BTC to calm soon and it will provide alts to pump.
Stay tuned for more updates.

Comment

Looks nothing has changed and still on the way to our said target.

Comment

#BTC  Doninance : What if this structure end up being an Inverse H&S (Common, Bullish Trend Reversal Pattern)?
Might cause more dips in Alts.
I’ll close the weak alt positions.
This will be my plan.


Comment

Followed our path and jumped right off the support. I will update new chart soon
Comments
olamiduye
Okay ... I understand, the working relationship between alts and BTC dominance, so what defines an alt with good fundamentals (characteristics) ?
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