FlokiCrypto

$BTC.D - Both Scenarios in play

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Both Scenarios here are pretty interesting. At this point in time I'm not sure which one has a better chance of being in play. A lot depends on the wave structure that Bitcoin is printing out in its own chart. Is wave (B) done? Or are we in subwave B of (B) ?

I've said it once, and I'll say it again: this is one of the most important charts you'll need if you're day-trading alts. Mind this chart, and Bitcoin's chart and you will improve your strike rate greatly.

The MTF indicator on the far bottom is hinting that Dominance needs a bounce in the very short term, RSI, Histogram and MACD also printing divergences, so lets see what kind of week we will have. I'm guessing mostly red.

Trade safe!

Visit the Valhalla TA and Trading Discord for upcoming learning opportunities!: discord.gg/Cf6BYuFVkN
Follow me on Twitter: twitter.com/FlokiCrypto
Video learning on Youtube: www.youtube.com/c/flokicrypto
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.