NajjarTrading

BTC.D TO BACK TO 40? ATL SEASON?

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CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
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We are currently holding on our 46% support and our trend line that have been forming since May. If we break below our Daily support, we will go to 44.4 then 42.6.

This could easily lunch our alts to the upside, however, we should see how BTC reacts with it don't get too exited.

However, if we break to the upside, we could see another dump. We rejected the 38.6% of the Fibonacci Retracement which is acting as a strong resistance level. We need to stay below it

Stay alarmed, I will update you as always.

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What do you think?

Good luck traders,


Not financial advice
Manage risk and leverage
DYOR

NajjarTrading
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