A short look on Bitcoin Dominance
Hello Traders
As you can see in the chart above. BTC Dominance has rejected on 0.618 Fibonacci level. On the other hand, there is a huge bearish RSI divergence on the weekly timeframe. So as I said in a previous analysis on BITCOIN, I expect both Dominance and bitcoin to fall.
------------------------------------------------------------------------
What is your opinion? Comment it below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck.
As you can see in the chart above. BTC Dominance has rejected on 0.618 Fibonacci level. On the other hand, there is a huge bearish RSI divergence on the weekly timeframe. So as I said in a previous analysis on BITCOIN, I expect both Dominance and bitcoin to fall.
------------------------------------------------------------------------
What is your opinion? Comment it below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck.
"You have to believe it before you see it."
"You have to believe it before you see it."
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.