What to do with Altcoins? 🤔🤔

Many people ask for an analysis of altcoins.

What to do?
When to buy?
When to sell?
I get questions like this in my personal messages every day!

Let's figure out what to do.
The bitcoin dominance chart clearly shows that the price has broken away from the significant 40 mark. After that, it has been moving in an uptrend for a month, which is not good for altcoins.
The price has now entered a zone where the fate of all altcoins will be decided.
Bitcoin dominance - 2 scenarios:
a)If bitcoin dominance breaks the upper resistance level, then all altcoins will start to decline further and the best solution is to sell.
b) If bitcoin dominance breaks the lower support level, it will be a good buying opportunity and the altcoins will rise well.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

ความคิดเห็น:

first scenario