Aliens TLDR

The Bitcoin Dominance Rate (BTCD) is trading at a confluence of support levels in both the weekly and daily timeframes.

If the ongoing upward movement is to continue, the current support level would be expected to initiate a bounce.

Supporting this possibility, the weekly RSI also generated a very significant bullish divergence.

So, the current level on the weekly chart offers a great possibility for a bounce.

So, in alignment with the weekly chart, the daily one indicates that a bounce at the current level would be likely.