Nobody thought about doing this... Watch, isn't this smart?
I plotted the Fib. retracement levels for the last bear-market wave and look what I found, Bitcoin Dominance is now trading at the strongest resistance possible, the 0.618 Fib. retracement level.
➖ Since September 2022, BTC.D has been moving within an inverted correction.
➖ There is super high bear volume mid-March 2024, signaling that some change is coming. Trading volume then starts to drop.
➖ As BTC.D approaches this major resistance level, it produces a rising wedge which is a bearish pattern that points toward a trend reversal.
I don't need to go any further. This index can drop now that a major resistance level has been met.
Thank you for reading.
Namaste.
I plotted the Fib. retracement levels for the last bear-market wave and look what I found, Bitcoin Dominance is now trading at the strongest resistance possible, the 0.618 Fib. retracement level.
➖ Since September 2022, BTC.D has been moving within an inverted correction.
➖ There is super high bear volume mid-March 2024, signaling that some change is coming. Trading volume then starts to drop.
➖ As BTC.D approaches this major resistance level, it produces a rising wedge which is a bearish pattern that points toward a trend reversal.
I don't need to go any further. This index can drop now that a major resistance level has been met.
Thank you for reading.
Namaste.
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t.me/anandatrades/1183
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t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥 80% Offer Last Chance!
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥 80% Offer Last Chance!
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.