Abmoon

Resistance becoming support?

Abmoon Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
After expected pullback we found bottom of this move at around 66.50. Now resistance is becoming new support and if can stay in that way that would lead to us testing of 67.10 and after that maybe testing trendline but it is to early to talk about that. On the other hand if we lose 66.87 support we might see some accumulation in the orange box before new move up. If we see any candle close below orange box that would lead us more down and give some space for alts, beacuse they dropped in this bullish impulse of btc dominance.
Comment:
Trendline tested before we expected and now the same support and orange box are valid. If we can see them hold in the next impulse we should see dominance breaking downtrend line.

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