Bitcoin and Dominance Chart Review Update #43 ?

in #bitcoin4 years ago

Bitcoin chart review

BTC CHART

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BTC and Dominance CHART Published by Philosof at #Tradingview
https://www.tradingview.com/u/Philosof

Comment: BTC getting ready for another test of red zone which covers 9150-9345 distance. If get above 9k will start that impulse move. At the same time we may see it go down to ~8630 today as well. Longer forecast stay the same - possible dump to 8.1k and lower. But should collect liquidity above at first.

N.B. CME futures gap from 9960 to 9275 remains open and appealing for price.

Resistance: 8900 - 9020 - 9250 - 9500 - 9800
Support: 8630 - 8500 - 8400 - 8100 - 7700 - 7170

#BTC #Bitcoin (TradingView)

BTC Dominance Chart

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Dominance keep on knocking on 68 resistance. Each time it gets above, alts bleed. Each time it pullback, alts revive. If you are an alt trader, better watch it closely. We all want it to drop down a little.

#Dominance

Fear & Greed index: 41 (<= 39 <= 40 <= 48)
BTC Dominance: 67.2% (<= 67 <= 67.1 <= 67)
24h Volume: $137 billion (<= 184 <= 154 <= 197)

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