Attempted to spot something like supply/demandzones for the BTC.D Chart
There does appear to be some sort of correlation in the trend
Same gradient lines match points all over the chart in new range 90%-45%ish
apex points from various significant(?) trend lines match significant moves or turning points in dominance
Sitting in low 70%s old sup/dem(?) zone just dropping below in last week or so
appears to be something of a bearish divergence (bullish for alts) if divergence can play in a dominance chart
Looks to me like real fun (altszn) teeing up for feburary 2020 with slow rise Q42019
There does appear to be some sort of correlation in the trend
Same gradient lines match points all over the chart in new range 90%-45%ish
apex points from various significant(?) trend lines match significant moves or turning points in dominance
Sitting in low 70%s old sup/dem(?) zone just dropping below in last week or so
appears to be something of a bearish divergence (bullish for alts) if divergence can play in a dominance chart
Looks to me like real fun (altszn) teeing up for feburary 2020 with slow rise Q42019
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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.