Welcome back dearest reader,
I've been covering some altcoins i'm bullish on, and a deeper dive into bitcoin dominance is key for their succes. Well the downfall of the dominance that is.
On the chart:
~The fibonacci extension has shown gradual weakness throughout the cycles starting at the 1.618 then the 1, now the 0.786 is inbound. I expect it to be hit soon topping at around 66% dominance. We can see what happened next ''1''
~MFI is hitting an oversold zone like never seen before on the 3 month ''2''
~Stoch RSI is hitting an oversold zone and is bound to see a cross ''3''
Load up on your favourite alts and enjoy the ride.
~Rustle
I've been covering some altcoins i'm bullish on, and a deeper dive into bitcoin dominance is key for their succes. Well the downfall of the dominance that is.
On the chart:
~The fibonacci extension has shown gradual weakness throughout the cycles starting at the 1.618 then the 1, now the 0.786 is inbound. I expect it to be hit soon topping at around 66% dominance. We can see what happened next ''1''
~MFI is hitting an oversold zone like never seen before on the 3 month ''2''
~Stoch RSI is hitting an oversold zone and is bound to see a cross ''3''
Load up on your favourite alts and enjoy the ride.
~Rustle
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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.
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.