Historically speaking, Bitcoin's dominance has only started decreasing when Bitcoin broke its previous all-time high.
This means that the best time to start investing in altcoins is when Bitcoin breaks its previous all-time high.
That's when retail FOMO begins to kick in.
I remain fully invested in Bitcoin, with a small amount of Ethereum, and only a very few select altcoins (in minor amounts) that I believe could outperform Bitcoin.
The Moving Average Convergence Divergence (#MACD) is a trend-following momentum indicator that helps traders and analysts identify potential buy and sell signals in an asset's price chart.
1. MACD Line (Blue Line): This is the difference between the 26-period Exponential Moving Average (EMA) and the 12-period EMA. The MACD line is more responsive to short-term price changes.
2. Signal Line (Orange Line): This is a 9-period EMA of the MACD line. It's used to generate trading signals.
3. Histogram: The histogram is the vertical bars that represent the difference between the MACD line and the signal line. It provides a visual representation of the MACD's divergence from the signal line.
We can see price printed a lower low over a breakout and price is in a retracement phrase. Well, Still the over direction is the same,we can see a push lower till $25,470.