Looking for The continuation of this bearish trend on BTC.D. This could give enough incentive for the alt rally to make another push.
Currently however, we are seeing a bullish retracement on the downtrend that is correlating with alt coins cooling off. This could be a pullback and continuation on both btc.d and alts or the trend could change. we have to watch the highlighted purple zone. if the zone is not respected, this would cause a structure break and our bias to flip and we would be looking to average out of alts back into BTC.
Key zone to watch is the purple, and I link/attach to this post major buying opportunities on top alts in the bottom.
Currently however, we are seeing a bullish retracement on the downtrend that is correlating with alt coins cooling off. This could be a pullback and continuation on both btc.d and alts or the trend could change. we have to watch the highlighted purple zone. if the zone is not respected, this would cause a structure break and our bias to flip and we would be looking to average out of alts back into BTC.
Key zone to watch is the purple, and I link/attach to this post major buying opportunities on top alts in the bottom.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.