Post
Topic
Board Speculation (Altcoins)
Re: [Charts] Altcoin Dominance Looking Bullish with Cyrpto Market About To Bullcross
by
dragonvslinux
on 23/01/2020, 09:00:56 UTC
Altcoin Dominance Eyeing Up A Breakout to 40% - Inactive Long



Source: TradingView, January 21st 2020.




Update to above chart, just noticed altcoin dominance has confirmed a golden cross  Cool

Quote from: TradingView
50 & 200 Day Golden Cross on Daily chart, confirming bullish confluence with Weekly perspective:



Last seen February 3rd 2019 before dominance rallied 9.4% from confirmation to peak:



If early 2019 bullish move repeats itself, this would take dominance to 42%, the previous support and breakdown level that should now act as strong resistance.