Potential 10% drop to 100 Day MA

Short

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)

Mis à jour

CRYPTOCAP:BTC.D Market Cap BTC Dominance, %

Lower highs forming a trend line that has been bounced off quite severely, also backed up by a bounce off the 30MA. Could see a drop to 100MA which may give support as it has in the past.
Definitely overdue for a pullback

Commentaire:

We've had a nice steady pull back away from the trendline, whilst i feel the movement is still active, i would trade ALTS carefully going into the halvening, as volume may be pouring into BTC. First resistance at 66-69% , higher resistance between 70-73%, with enough strength we could see a test back at 80% with explosive volume coming in. Time will tell.

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