Limitless-Investor

BTC Dominance correction could end here as same as BTC... or not

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
BTC's dominance is always correlated to BTC's movement itself. But upon seeing that it didn't even hit Fibonacci Retracement RED 23.6 it's likely that correction is not yet over. Considering that volume profile shows significant support level, if it breaks below this area then we see a big drop and probably an alt coin season. Only 2 support levels I see for this because I considered BTC's chart itself. So the other support areas for me won't matter. Do note that momentum oscillators are not even at oversold level yet. Tho it doesn't necessary have to be.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.