Bitcoin chart review
BTC CHART
BTC and Dominance Chart Published By Philosof at TradingView
https://www.tradingview.com/u/Philosof
Comment: BTC bearish forecast triggered. Lets pray it won't be full size bear flag continuation, as in this case dump should be same size as flagpole, which will take it to 2500$. I really don't want to see Bitcoin that low, but that is pure TA. Before that dump come true, there are several strong support zones capable of stopping the fall - written below. Within nearest days may expect price to test 6530 resistance. Sorry, but nothing bullish comes to my mind after that.
Resistance: 6530 - 6870 - 7150
Support: 6200 ✅ 5800 - 5300
Fear & Greed index: 8 (<= 12 <= 14 <= 13 <= 12 <= 10)
BTC Dominance: 65.2% (<= 65.6 <= 65.9 <= 65.8 <= 65.7)
24h Volume: $116 billion (<= 115 <= 124 <= 140 <= 167)
BTC DOMINANCE CHART
BTC dominance reached important resistance level and bounced. It is possible that within next days it will be retracing to 66.5-67, so alts will grow. Use this moment wisely.
ALTCOIN INDEX CHART
As expected, Dominance is retracing. Unfortunately Alts do so as well. Crossing trendline is not a sentence, but a warning sign. First support tested.
Support 423 - 400 - 377 - 325
Resistance 458 - 482 - 517 - 570
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