Logo
Montech
BTC tested the growth support zone from the 53,000 level. From where there were significant purchases. A repeated re-test of the support area is possible. In order for it not to happen, it is necessary to keep the level of 64,000. It is also necessary to return the level of 65,500 within two to three days. There are also key exit levels from the medium-term flat. This is a downward trend line, see on the chart, and an uptrend in the role of support, which must be maintained.

withdrawal from exchanges exceeds input - correlation

Altcoins, the Bitcoin dominance that drew a breakdown on the pattern, have returned. There is no breakdown of this pattern on the current ones. Therefore, I always write and say that it is necessary to wait for a breakdown and fix it!
The dominance of Bitcoin continues to grow from yesterday. While the dominance of Altcoins is decreasing. The growth of altcoins will begin at least after the breakdown of the key resistance zone for the price of Bitcoin, with a breakdown and a gain above 73,000. In any case, Altcoins will not be in a bearish trend for very long. Patience is a profit.

https://www.tradingview.co.../
2 months ago

No replies yet!

It seems that this publication does not yet have any comments. In order to respond to this publication from Montech , click on at the bottom under it