After a bull flag sent Btc to its flag target, an head & shoulders just broke below its neckline
Alts in Usd are therefore now more susceptible to gaine value in $.
Btc could bounce on the pink Smma, which would be an Altcoin Usd sell signal, and a Bitcoin Usd strength continuation
Alts in Usd are therefore now more susceptible to gaine value in $.
Btc could bounce on the pink Smma, which would be an Altcoin Usd sell signal, and a Bitcoin Usd strength continuation
Note
Btc dominance falling, so alts Usd are still more sensitive to raising against UsdNote
Note
False breakout of the blue Smma, lot and lot of "organic Bit coints juice" remaining.
Market getting more and more educated, especially if insitutionnal investors are more present in the space.
I don't say alts are dead though.
Alts will die the day human's greed dies.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.