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Leonacci
Mar 22, 2021 12:23 PM

Confluence  Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

19-04-2021

Probably just a coincidence

Comment

Invalid if btc.d goes above 62%

Comment

Half way there

Comment

1 week left to hit 52.93.

Trade closed: target reached

Comments
Ali_Daiy
wow you were exactly right
bstew76
What are the importance of those numbers?
Leonacci
@bstew76, In my previous idea, I shared how I expect the first LTC/USDT pump to end around April 19th. April 19th, crossed with the current BTC.D downtrend diagonal support, just happens to be strong support in the past on the BTC.D chart. I suspect BTC.D will drop hard soon, giving ALTS room to pump in the coming weeks, until BTC.D hits around 53%. First target for BTC.D being 58% in the coming week or 2.
bstew76
@Leonacci, You think 53% is the lowest? Hopefully after this alt season BTC still has some room to move and we get another one EOY
Leonacci
@bstew76, Defnitally not the lowest. Just a point where I suspect a temporary pump.
Ali_Daiy
So many people will become rich in April, if this actually happens...
Leonacci
@Ali_Daiy, Only if they take profit.
ShockwavePulsar
@Leonacci, agreed, the hardest thing to do, be happy with what you get and bank the profits. Greed is a nasty beast.
supergoh
@Ali_Daiy, let's hope btc dominance crashes by the end of March. I can't wait to retire.
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