BTC made a bull run for ATH as updated last time. Altcoins after going sideways for a while also try to catch up the gain today. Congrats all for this historic moment of BTC. It signals positive things especially during all the FUD from China last month.
From ETHBTC chart you can see a clear inverse relation between ETHBTC and BTCDom. It signals a great amount of fund flows into ETH after BTCDom made a peak.
Trading Crypto Coach
ETH is close to its potential range, time your own exit
new expectation for eth
Trading Crypto Coach
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ETH is still outperforming to BTC during this time when the BTC Dom is on the way down.
My new view for BTC on Monthly chart: https://www.tradingview.com/chart/BTCUSD/DXJ5DUd1-BItcoin-Bull-market-after-50-correction/ Leave your likes/share or comment if you find it's useful.
TradingView
BItcoin - Bull market after 50% correction? for BITFINEX:BTCUSD by DatTong — TradingView
Hi all, nice to see all again from several months. Here is the recap from last time prediction:
- BTC made top if the next Monthly cadle is black.
- The bottom is around 30,000 for the correction.
You can find all the views here https://www.tradingview.…
- BTC made top if the next Monthly cadle is black.
- The bottom is around 30,000 for the correction.
You can find all the views here https://www.tradingview.…
Trading Crypto Coach
Photo
The inverse relationship is still in line with what performing during the last few days. And that explains why you hold ETH is still better back then. However, watch for the supporting levels of BTCDom and it may go sideways or bounce back which leads to BTC season is still intact and it would keep lead us through the previous ATH at 66,000. Today BTC is in dip again and it can change the direction anytime soon.
Trading Crypto Coach
Quick swing BTC: https://www.tradingview.com/chart/BTCUSD/OVxU3YYL-BTCUSD-Buy-dip-Target-67000/
You can scale out the position around the target (at the end of the arrow)
Acala invest.pdf
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I also made my long-term investment on DOT and Acala today by staking 200 Dots to support Acala in parachain auction from DOT platform. I managed to ref for friends who daily engage to crypto trading/invest and make a quick instruction for anyone who would like to stake DOT for long term and in exchange of Acala for short term. You can find more info within the file I send here. Good luck for any investments.
Bitcoin gonna challenge the last Bid wall around 58000-59000 today. If it can dig through as people remove liquidity , then a clear drop ahead. So observer and position wisely.