Bitcoin Dominance shows Alt Season has begun!

CCCLopes tarafından
Güncellendi
Bitcoin Dominance has broken down from wedge on BTC.D and it is retesting the ceiling resistance for 10 days streak now

Next important levels are the 52% multimonth support and 47% multiyear support, this last the first target of this wedge

On the bellow pannel, we have the Detonator C (c) indicator that keep sinalling this exaustion on the dominance with those last two big red dots after 2 red divergence waves
Yorum
BTC.D has re-entered the wedge formation! This is really stretched!

The vertix of this wedge points on October of this year; but it is uncommon a wedge keep going without a break
Yorum
Again, a nude candle today going down; dominance here is flerting with the down trendline; eventualy it is going to effectively break downward
altseasonBitcoin (Cryptocurrency)Chart PatternsdominancedominancebtcTechnical IndicatorsTrend AnalysiswedgebreakoutWedge
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