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Cryptorphic
BTC DOMINANCE UPDATE: Took quite some time to fall in the micro TF. 200D MA is working as a support now. (short term perspective). Death cross incoming. Alts are safe. #Bitcoin #CryptoNews #cryptocurrencies #Binance #BItMEX #Huobi #TradingView #Crypto #FFC
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Cryptorphic
ZRX/BTC Update: Seems ready for a pump. Bought more during yesterday's dip. Bullish MACD, Jumped from the 200DMA. Trading right inside bullish channel. Just need to breach that 50DMA. I am holding. @0xProject #cryptocurrencies #Bitcoin #altcoin #AltSeason…
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Cryptorphic
BTC Dominance Update: Testing the 200DMA in 1 hr chart. #Rejected with a wick now. Let’s wait for more price action. Breakout would be a bad news for alts in the short term. #Bitcoin #Crypto #bitmex #altcoins #cryptotrading #Binance #Binancecoin #cryptotwitter
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Dominance update is absolutely important to be followed if you’re holding alts.
Do not sell or buy in panic.
Avoid Margin trading for now.
Follow this update.
Do not sell or buy in panic.
Avoid Margin trading for now.
Follow this update.
BTCUSD
No need to panic.. everything is still in order and the market is still bullish.. i'll be looking for a move towards the 9500 - 9600 support. last time we broke above this level, we moved up quickly and didn't test the level.. if this support holds, then i'll be expecting a move up from here towards 10.8, 11.2k..
No need to panic.. everything is still in order and the market is still bullish.. i'll be looking for a move towards the 9500 - 9600 support. last time we broke above this level, we moved up quickly and didn't test the level.. if this support holds, then i'll be expecting a move up from here towards 10.8, 11.2k..
BTC DOMINANCE
Testing monthly support now.. should expect some reaction here. might get some dips in ALTS this coming trading week.. will re-access during the week.. if we break below 63% then i'll expect ALTS to keep pumping. but ALT MCAP(next chart) kind of rhymes with my view that ALTS might begin to get pullbacks.
Whatever that large volume candle signifies i do not know yet, but i know it represents some fundamental market movement..
Testing monthly support now.. should expect some reaction here. might get some dips in ALTS this coming trading week.. will re-access during the week.. if we break below 63% then i'll expect ALTS to keep pumping. but ALT MCAP(next chart) kind of rhymes with my view that ALTS might begin to get pullbacks.
Whatever that large volume candle signifies i do not know yet, but i know it represents some fundamental market movement..
Pro Analysis
BTCUSD No need to panic.. everything is still in order and the market is still bullish.. i'll be looking for a move towards the 9500 - 9600 support. last time we broke above this level, we moved up quickly and didn't test the level.. if this support holds…
ALTS dumped quick after posting this..
Pro Analysis
ALT MCAP Seems to have hit resistance.. will re-access after weekly close.
ALT MCAP
Not a very good weekly close. might see money flow out and a drop to around ~ $80B.
Not a very good weekly close. might see money flow out and a drop to around ~ $80B.
Pro Analysis
ETHBTC getting close to resistance.. expecting this to top out soon. lower grey zone will be a good buy zone..
ETHBTC
Resistance acting as resistance.
Resistance acting as resistance.