#BTC DOMINANCE Breakout within 7 days. DON'T MISS!!

Hello guys welcome to this new update.
Thanks a lot fir all your love and support so far.
BTC has been doing great and followed almost all my predictions since it hit the brutal fall to 3500 in March.
I have received much love and support on twitter tradingview and my telegram channel.
Thanks a lot guys.

Now let's get back to the chart.
The chart seems very simple. A BULL PENNANT IS IN FORMATION. Research says almost 70% pennants break to the upside.
Dominance is getting rejected from the upper trendline resistance multiple times. It is trying very hard to break that level. We know very well when a level is tested multiple times it gets weaker and weaker. 68 level is being tested since many days.
A breakout is coming within the next 7 days. So what could be my strategy?

ALTCOIN STRATEGY:

I've been buying and selling some of the alts with strong fundamentals like OMG DGB CTSI STX MATIC and selling them. Not holding fro long.
So better to book profits than to just hold them.
I WILL EXIT MY ALTS IF DOMINANCE BREAKS AND CLOSES ABOVE 68.75 LEVEL IN DAILY.
(Not a Financial Advise)
But If It break to the downside I will ADD MORE ALTCOINS IN MY BAGS and I will share the charts here and in my telegram channel. So Follow me for such updates.



Thanks for reading.
Stay safe

Comment:

Dominance is falling as per our analysis.
Stay tuned, I'll update a new chart tomorrow.
Till then enjoy the profits from your alts. :)

Trade active:

Welcome to this quick update guys.
Thanks a lot for supporting my work.

Let's get back to this chart.
In my last update I said we will break to the downside and the chart is following our Arrow (direction) perfectly so far.
Currently dominance broke below the mid line of the channel and retesting it.

I've given 16 alt setup in my telegram channel so far.
As long as Dominance keeps falling like this I expect alts to provide high returns.
It also broke below the 200D MA support and retested along with the mid channel resistance line.

SO HOW LONG CAN WE SEE THIS ALT SEASON?

TBH I think within the next 2 weeks we will hit that bottom of the channel line.
We need to watch whether dominance holds that line or not.
If it breaks it's all good for alts and alts will keep rising but if the support holds I think exiting from alts will be the best idea.

My bias: I think alts will rise for the next 2 weeks and after that we will see correction in almost every alt.


Thanks for reading.
Please hit the like button if you agree and share your views in the comment section.
Follow my for latest BTC updates and join my telegram channel to know for quick alt setups.


Stay safe.

#PEACE

Trade active:

Welcome to this quick update.

BTC dominance got the support on 50D MA and retested the mid line of the channel.
With strong resistance the mid line didn't break yet.
I am expecting THE CURRENT DAILY CANDLE to close negatively within the daily close. If it does alts will be green within tomorrow as it will confirm the rejection.

I have posted some alts in my telegram channel like BEAM DREP ALGO WABI STX BAND GRS ZIL and many more which will be a very good hold for the month of JUNE.


My previous 20 altcoin setups have played amazingly, like DREP 15 sats to 57 sats : 280%
THETA: 1100 sats to 6400 sats : 480%
RVN, MATIC, CELR OVER 100%.. and many more.
Trading all of these signals perfectly.
Reason is following DOMINANCE for which I always keep you updated and getting into the right alts at the right time.

Stay tuned I'll keep this idea updated as always.


Thanks for reading, please hit the like button if you like this update.

#Stay safe

#PEACE