niktraders

Others dominance : bearish outlook

niktraders Mis à jour   
CRYPTOCAP:OTHERS.D   Crypto Total Market Cap Excluding Top 10 Dominance, %
Hello everyone
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this is an update of my last analysis.
Others dominance shows people inclination to buy large Cap coins like BTC or other smaller cap coins.
the price reached the upper line of the ascending channel and reacted well to the upper line of the channel.
now we see a pullback and the bearish movement of the price can continue.
this means if you want to buy crypto, it is better to buy Bitcoin and if you want to sell crypto, it is better to sell small Cap coins.


Trade fermée: cible de profit atteinte:
the price reaches the midline of parallel channel.
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