BTC is approaching the 35% dominance. I do believe BTC is going to start making moves when money is all loaded up in the alts to shift into BTC. I believe BTC has found strong support near the $8700 and $8300 levels and looks bullish. I don't mind if BTC moves sideways giving one or two more days of alt boom. I do think alts will start to sell off into BTC once it breaks the top of the triangle. Looking at key resistance level at $11k BTC. If BTC moves sideways, I'm more than happy to accumulate more before BTC gets more expensive.
What to look for:
ADX is consolidating and DI+ is pointing upwards.
Macd cross near the 0 level at the end of the breakout triangle.
RSI needs to remain above 50 and 60 to continue its bullish trend.
All aboard the ship is about to sail.
What to look for:
ADX is consolidating and DI+ is pointing upwards.
Macd cross near the 0 level at the end of the breakout triangle.
RSI needs to remain above 50 and 60 to continue its bullish trend.
All aboard the ship is about to sail.