Bitcoin chart review
BTC CHART
BTC,Dominance and Altcoin Index Chart Published By Philosof at #Tradingview
https://www.tradingview.com/u/Philosof
Comment: Yesterday Bitcoin finally managed to break the cycles and move one tiny level higher, although it failed to break 7800 resistance. Now 7550-7600 is nearest weak support for the uptrend. Still within bullish pattern - breakout above 7800 should take it to 8050 and 8300. Might get to 8550 as well. But another rejection can easily dump it nearest strong support is at 7280 - 7170. Even greater liquidity will be at 6900.
Resistance: 7800 - 8050 - 8300 - 8550
Support: 7600 - 7475 - 7280 - 7170 - 6900
BTC DOMINANCE CHART
BTC dominance moves above 64 and 64.55 support. Better be cautious with your alts.
ALTCOIN INDEX CHART
Altcoins index look more and more like going to pull back soon. Nearest support at 517. On other hand last candles volume is very low, so it gives feeling its not too much bearish (yet)
Support 517 - 508 - 498 - 489
Resistance 533 - 541 -546 - 570
Fear & Greed index: 28 (<= 21 <= 24 <= 20 <= 19)
BTC Dominance: 63.8% (<= 63.6 <= 63.7 <= 63.9)
24h Volume: $143 billion (<= 117 <= 152 <= 152 <= 130)
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