This is probably the most important chart you need when trading Shitcoins BTC pair ... basically when this is in a uptrend altcoins vs btc pairs will bleed and when this is in a downtrend Alts will moon ... above 65% alts bleed alot bellow 57% will be all out ALT-Seazon . that is my basic understanding ... but i still have no clue of what i am doing. Sidenote shitcoins vs usd pairs are not as affected by this .
Note
close above 63.83 % and the real bloodbath begins
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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.