Updated

BTC Dominance Facing Resistance Soon! (Where To Next?)

BTC.D has been moving higher and higher with only a few weeks stop in between each new peak... But it seems that it is running out of steam.

Bearish signals coming from the chart

We have low and decreasing volume.
Bearish divergence showing up on the MACD and RSI.
Strong resistance ahead.
RSI Overbought.

Our main scenario is marked with arrows on the chart. The situation can easily change if the next resistance at 74.84 is broken with good strength and volume.

If BTC.D fails to reach 74.84 and close above it, it is very likely to move lower as shown on the chart.

On a drop, the first/main level to be tested would be 69.11 or EMA10. A new update will be shared based on how the charts behave.

Thanks a lot for reading.

Namaste.

Note

Bitcoin & Ethereum Charts:

Bitcoin Aims at $10,100, Can It Go Higher? | Multiple Scenarios!

Ethereum Grows with Bitcoin | Where To Next, $200?

Bitcoin Bounce In-Play | Can Hit $10,900 But Not There Yet!

Note

RECENT RESULTS[/B] | MORE COMING SOON
________________

Wanchain (WANBTC)(+170%)

FunFair (FUNBTC)(+75%)

Po.et (POEBTC)(+62%)

Bankex (BKXBTC)(+61%)

openANX (OAXBTC)(+61%)

Note

Thank you all for the support.

Namaste.

Note

Update:

Market Cap BTC Dominance Breaks Support (Where To Next?)

Note

This one is going perfectly as charted.

MasterAnanda

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