CryptoPatel

BTC Dominance Update ( when Altcoins Exit Plan....? )

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
#BTC Dominance Full Flag TA Update:-

#BTC dominance now Bullish so this is Bearish sign for Altcoins.

It doesn’t mean We panic we can start sell some Altcoins in Profit and book profit is good strategy as I told you to sell max Altcoins in Huge profit.

So What say Chart about Dominance:-

According to My chart analysis BTC dominance looks very bullish as per chart and I strongly can expect Bounce back from 58-60% zone.

There are Two scenarios:-

scenario 1 :- I can expect Bounce back and It would be go Upward and Target would be 65.50%
And if Scenarios worked then Altcoins dump hard.
So if daily Candle close above 62% then bearish sign.

Scenario 2:- If dominance breakdown this support level then I can expect 56% and 53% and if this works then again Altcoins would be pump another 50-100%

So guys Now I am bullish on BTC dominance so Now we will focus on Only Running trade.

Support:- 60% / 56% / 53%
Resistance:- 62% / 65.50%

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