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Today My crypto Alert - 18th May,2024

alert78 - 2024-05-18 18:53:48


Hello, everyone.
I am a crypto analyzer. Everyday I try to share some crypto coin. If anyone want to follow my signal, you can. I think you can be benefited from my signal. So now I am sharing the result of my analysis...



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#BTC DOMINANCE ANALYSIS

BTC.D is moving within a rising wedge on the weekly timeframe, which is technically a bearish pattern. The RSI is in the overbought region and has formed a bearish divergence.

Consequently, we can expect a decline in BTC.D soon. A sustained breakdown of the rising wedge would provide strong bearish confirmation. A downward trend in BTC.D, while BTC moves sideways or bullish, would indicate a bull run in altcoins