kiu_crypto

BTC.D update ( 1 ) 👇

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CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Hello traders 🐚 .

in the last 2 days I was in the business travel and I can't update you about the :

1_ BTC.D and BTC pairs trade .

2_ ALTS trade .

So I decided to allocate today ideas about the BTC.D and BTC pairs trade and tomorrow we go for the ALTS trade .


In the weekly chart we can see that BTC.D value is near to the all time low price and in this area we have a strong support , as you can see BTC.D created a falling wedge pattern above the weekly support around the 40% , and also BTC.D break above this pattern , if BTC.D break above the 0.236 Fibonacci level we could expect a bullish movements for the BTC or dump in the ALTS ;

In my opinion the next important resistance is near to the 0.382 Fibonacci level .


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