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BTC update -
BTC is holding above 9450 zone firmly indicating some bullish sentiment..
Closing Daily above 9754 will be bullish for BTC..
Supports -
$9360-9450 weak
$8910-9000 neutral
$8550-8630
$8190-8280 short term strong
Resistances -
$9844-9900 weak
$10k psychological
$10350-10440 neutral
$10800-10890
Recent CME gap around $9300 is still open while CME gap OF August 2019 around $11700 is yet to be filled..
Tight stop losses can get hit because of sudden quick updowns.. Further CMC analysis can give us more clarification..
CMC (Crypto marketcap) analysis -
CMC is trading at $262 Billion which is currently near the local resistance of $262.80 Billion and important resistance is $270 Billion as said earlier..
Closest support is $250 billion.
For more Refer the previous detailed analysis - here
Alts Marketcap -
Alts marketcap showed some more growth and closed above $81 Billion zone..
So next resistance is $88 Billion, we can expect small growth in alts if Altscap hold $81 Billion..
Refer
BTC dominance -
BTC dominance exactly touched 69.07 % before coming back..
66.60% is support now as per tradingview charts and it is important to see if support gets broken so as to leading small alts season..
Resistance of 69.07% is tested twice so you must be aware of risks while trading alts in Satoshi pair..
Another analysis coming up shortly..
BTC is holding above 9450 zone firmly indicating some bullish sentiment..
Closing Daily above 9754 will be bullish for BTC..
Supports -
$9360-9450 weak
$8910-9000 neutral
$8550-8630
$8190-8280 short term strong
Resistances -
$9844-9900 weak
$10k psychological
$10350-10440 neutral
$10800-10890
Recent CME gap around $9300 is still open while CME gap OF August 2019 around $11700 is yet to be filled..
Tight stop losses can get hit because of sudden quick updowns.. Further CMC analysis can give us more clarification..
CMC (Crypto marketcap) analysis -
CMC is trading at $262 Billion which is currently near the local resistance of $262.80 Billion and important resistance is $270 Billion as said earlier..
Closest support is $250 billion.
For more Refer the previous detailed analysis - here
Alts Marketcap -
Alts marketcap showed some more growth and closed above $81 Billion zone..
So next resistance is $88 Billion, we can expect small growth in alts if Altscap hold $81 Billion..
Refer
BTC dominance -
BTC dominance exactly touched 69.07 % before coming back..
66.60% is support now as per tradingview charts and it is important to see if support gets broken so as to leading small alts season..
Resistance of 69.07% is tested twice so you must be aware of risks while trading alts in Satoshi pair..
Another analysis coming up shortly..