Laraine Nuner CwGW
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After many years, the BTC dominance has broken the 200-day moving average and the selling pressure is very strong around the 200-day moving average. This is reflected in the ledger.
With the engulfing candle from the previous day, I am still struggling to rise.
This confirms that in the medium term, BTC is taking strong profits or converting to altcoins to seek new speculative opportunities.
In the 3-month frame over the past 90 days, ETH has performed better than BTC.
The 12-hour dominance has confirmed the break and is waiting for the 1-day confirmation.
Many altcoins with 2-bottom and 3-bottom support charts have not broken out and are currently recovering nicely, which could be considered for entry.
Or those with an inverse head and shoulders pattern. A chart pattern pointing upwards.
Will alt
With the engulfing candle from the previous day, I am still struggling to rise.
This confirms that in the medium term, BTC is taking strong profits or converting to altcoins to seek new speculative opportunities.
In the 3-month frame over the past 90 days, ETH has performed better than BTC.
The 12-hour dominance has confirmed the break and is waiting for the 1-day confirmation.
Many altcoins with 2-bottom and 3-bottom support charts have not broken out and are currently recovering nicely, which could be considered for entry.
Or those with an inverse head and shoulders pattern. A chart pattern pointing upwards.
Will alt
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