The dominance of the Alcoins is in the Support line.
To keep this graph in mind these key days where there is no definite trend in the price of Bitcoin
The daily RSI also shows on support lines
Volume is decreasing due to indecision
-The dominance is in these hours between the midlines of 100 and 150 daily periods
The times it has exceeded the midline of 100 daily periods has indicated the beginning of a bear market in the alcoins.
And what do you think?
We should see a rapid recovery to continue thinking about continuing a recovery in the prices of the Alcoins
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Protect your assets use Stop loss
The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.
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READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
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