phreaktech

KING.D (RSI long signal - must ruin the PARTY) 🚨

Long
phreaktech Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
hi πŸ––πŸ½

in fact we haven't any bearish sign on BITCOIN DOMINANCE chart!

just ETHBTC can help altcoins for party (must hold weekly support around 79550---77150)

,,,but on BTC.D chart we have 5 powerful bullish signs:

1- triple bottom pattern on 1D chart ( VVV )

2- RSI shows bullish divergence

3- RSI breakout from downtrend

4- nice uptrend on RSI formed (4 Dec)

5- "probably" double bottom on 1D/4H time frame (9 Dec --- 24 Dec) <<NOT CONFIRMED YET>>

*** i think if the RED uptrend on RSI close below the trend this scenario will failed and i'll update this chart ***

,,,and BTCUSDT bounced from huge symmetrical triangle on 1D time frame,...if the first resistance goes to break from 42---42.29 we can see bloody bath on altcoins ((but not all of them))

...maybe some hypes, project that have good news or fundamental points or some good technical charts face rallies

So i'm looking for TP on altcoins that havent any powerful point or must use tight Stop Loss (((ALTCOIN/BTC)))

at the end, ACTION or REACTION on 42---42.19 ( BTC.D ) is very important for me

THIS IS NOT ANY FINANCIAL ADVICE FOR YOU ,,, ( #NFA ) ,,, this is what i'm doing

ALWAYS DO YOUR OWN RESEACH ,,, ( #DYOR )

πŸ’šπŸ₯‚

Comment:
nice bounce (ETHBTC 1D)
Comment:
close below RED trend = Lower Low on BTC.D (1D)
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