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Monfex_UK
Oct 2, 2019 8:28 PM

Bitcoin vs Altcoins Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

Hello, Traders!
Monfex is at your service and today we overview BTC Dominance.

Turning point?

We are located near the resistance line. Will it hold on? Very likely. The market firmly pushed off the resistance line! Target zone ~ 66,50 %, it's our support line, good trading volume support zone.
By RSI we have a strong bearish divergence with price.
Indicator Alligator looks like soon it will go down, give us short signal.

Share your thoughts, ideas about the market under the chart.

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GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

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