BTC Dominance Analysis

2019년 5월 16일

Looking at the BTC dominance chart, one can see why the rise of the ALTS. It looks like we have to pay alot of attention to this.
I'm expecting an 0.618 or 0.786 retracement

2019년 5월 16일

액티브 트레이드

Observation:
0.5 retracement looks like support for BTC.
RSI on BTC dominance is strength to the upside.
Double bottom.

Conclusion:
ALTS will start dropping in price against BTC on the hourly basis


4 HRLY Chart:

2019년 5월 16일

액티브 트레이드

Hit the 0.618 fib. More side ways movement.