$BTC.D - possible lower HIGH but we need a lower low FIRST 15-M
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D

On the shortest timeframe I ever use for analysis, the 15-MIN chart it's looking like BTC DOMINANCE could be starting to struggle with a very weak swing high right now, and under crucial resistances.
But to confirm this we basically need a breakdown below the immediate dynamic (50 & 200 SMAs, yellow and green right below the price, and just after a Golden Cross too) and horizontal support (yellow horizontal at 58.48%).
We really DON'T wanna see a breakout above the Inverse Head & Shoulders pattern (above 58.7%).
It's all simple for me, no leverage positions until BTC DOMINANCE has decided what it wants to do👽💙
source https://www.tradingview.com/chart/BTC.D/IIfxhG3s-BTC-D-possible-lower-HIGH-but-we-need-a-lower-low-FIRST-15-M/
No comments:
Post a Comment