Bitcoin Dominance BIT.D Technical Analysis 24 May 2021

By Mandrakata | On The Edge | 24 May 2021


Technical Analysis

3eadeae2d6414d7c92969e458a83292da9b5acce1034c4ae8da79ba8b92c3e5f.png

https://www.tradingview.com/x/t8AbO6rM/

We should take a closer look to the RSI momentum indicator for the weekly BTC.D chart. We already have trendline breakouts in the short and midterm, signals that must be confirmed this week.

Interesting plot:

 

👁️ Don't you know the meaning of BTC Dominance or Altcoins Season?  Take a look here.

💱 Do you use BTC.D and Altseason cycles in your analysis?  Please give me your feedback in the comments, many thanks.

 

⚠️ Disclosure ⚠️ I wrote this article myself, and it expresses my own opinions.  Above ideas is for educational purpose only, it is not intended to be investment advice.
Some of reported links are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.  I will never promote anything I don't truly believe in.


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Mandrakata
Mandrakata

Risk taker. Creativity solves everything. I practice what I post.


On The Edge
On The Edge

Trading outside your comfort zone. My technical analysis Ideas and Trading journal.

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