Market Cap BTC Dominance Breaks Support (Where To Next?)

9 Eyl 2019

BTC Dominance (BTC.D) just broke and closed below our main support EMA10 (72.41), sending out a bearish signal.

We are seeing increasing bearish action and a top formation when the last peak produced strong bearish divergence with the MACD and RSI.

The major trendline holding BTC.D has also been broken.

The next support levels are marked in the chart with dashed blue lines.

Conditions for change
If BTC.D closes above 73.55 with good strength and volume, the above signals become invalid.

Longer-term analysis for the Bitcoin Dominance (BTC.D) chart:

Namaste.

9 Eyl 2019

Not

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10 Eyl 2019

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Litecoin (LTCBTC)

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10 Eyl 2019

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