Supply Zone of Dominance Respected But.....
Hello Dear Traders,
In Last post
we discussed about rapidly increasing btc dominance and XRP news impacting Alt coin market. due to this altcoin market crashed very bad and tested daily based demand zone, today we seen impressive bounce in alts. its clearly indicating money is injected in alts.
BTC Dominance made high of 71% and as expected it got rejected, also on daily strong bearish candle is printed.
Concerning thing i m observing is as btc price starts increasing along with dominance is also increasing , and alts are losing momentum.
dominance must stay below 70% ,then only we will see alts rising in USDT pairs
For Massive Alt-season Like 2017 , We must see alts Rising in BTC pairs. pump and dump in USDT pairs doesn't matter a lot.
Indication of Start of Alt-season will only give in BTC Pairs, As we are closely tracking every minor move of Crypto market. we will notify u immediately.
Follow us on tradingview to get regular updates.
In Last post
we discussed about rapidly increasing btc dominance and XRP news impacting Alt coin market. due to this altcoin market crashed very bad and tested daily based demand zone, today we seen impressive bounce in alts. its clearly indicating money is injected in alts.
BTC Dominance made high of 71% and as expected it got rejected, also on daily strong bearish candle is printed.
Concerning thing i m observing is as btc price starts increasing along with dominance is also increasing , and alts are losing momentum.
dominance must stay below 70% ,then only we will see alts rising in USDT pairs
For Massive Alt-season Like 2017 , We must see alts Rising in BTC pairs. pump and dump in USDT pairs doesn't matter a lot.
Indication of Start of Alt-season will only give in BTC Pairs, As we are closely tracking every minor move of Crypto market. we will notify u immediately.
Follow us on tradingview to get regular updates.
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