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unaveragejoe
Apr 21, 2020 10:20 PM

BTC.D - Edge of the cliff? Long

Market Cap BTC Dominance, %CRYPTOCAP

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Hello!
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vishweshwaran26
Please explain in sentences.
unaveragejoe
@vishweshwaran26, The idea is that BTC.D has topped and is in a clear downtrend. The 50/100 week MACD has crossed bearish for the first time in about 2 years, a major indicator of momentum. Additionally, RSI peaked at the recent BTC.D top back in Sept 2019. This is all evidence that BTC.D has topped and will continue down-trending.
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