TradingView
Cryptorphic
Jul 15, 2020 11:13 AM

#BITCOIN Dominance hitting support zone soon! EXIT Alts or Hold? Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

Welcome to this quick update everyone.
Dominance will soon hit the support zone around 62 level.
Although that level is tentative and could easily break to the downside but it's still important to asses every level. Even a 1% BOUNCE HITS THE ALTS MARKET WITH BLOOD EVERYWHERE.
So guys please observe the chart.
Our every call has been spot on and we speculated this alt season in the 1st week of May.
I will leave the links for you all.



In this chart it seems it will break the green zone after a few days of sideways consolidation.
This will provide a lot of room for the alts to grow.
For now It's important that to book profits from the altcoins with no fundamentals and hold the ones with good fundamentals at the end of the current quarter,
I will also post a list of altcoins that I think could do in this quarter.
I will keep this post updated.
FOLLOW ME TO KNOW WHEN TO ENTER AND EXIT THE ALTCOIN MARKET!

Thanks for readIng please hit the like button and share your views in the comment section.

Stay safe
#PEACE
Comments
jeanjacquesroseau
Thanks Cryptorphic for your update. I hold ICX COTI XZC ZNX and LSK. Do you think any of this coin doesn't have fondamental good enough and should be exited ?
Cryptorphic
@jeanjacquesroseau, All of these coins have fundamentals and the chart looks good as well.
toli_pl
@jeanjacquesroseau, As for the XZC, I want to warn you that this is a masternode coin, and there are surprises when MN decides to sell. You have to be very careful. I am a miner on this coin and I have seen a lot of surprises.
persie2506
i always look for your btc dominance chart. thanks for the update..
Cryptorphic
@persie2506, You are welcome bro
Intu
Thanks for update bro...
Cryptorphic
@Intu, Thanks for supporting brother
Ron_Boy_Djunior
I hold LSK and SNT. What’s your perspective on SNT?
klimauk
Any update from your side ?
klimauk
No yet as you posted COS chart ;>
More