BTC DOMINANCE
Dominance
-monthly seems failed to break kumo resistence and trend seems inverting from heikinashi. If nov close like this its good for alts.
- rejected by higer bb afert overextension, mid bb is almost at the same level of span A and
- tenkan crossed down the price but kijun is still supporting it, we may see a retracement till kijun level
- weekly seems retracing from a good run, kijun now is resistence and tenkan is support. EMA89 projection is possible support at 64-66 level
it also seems to have completed impulsive elliot wave, ready to take C correction but maybe it is already happened ? in that case this is bullish and it could be a new wave 1
-monthly seems failed to break kumo resistence and trend seems inverting from heikinashi. If nov close like this its good for alts.
- rejected by higer bb afert overextension, mid bb is almost at the same level of span A and
- tenkan crossed down the price but kijun is still supporting it, we may see a retracement till kijun level
- weekly seems retracing from a good run, kijun now is resistence and tenkan is support. EMA89 projection is possible support at 64-66 level
it also seems to have completed impulsive elliot wave, ready to take C correction but maybe it is already happened ? in that case this is bullish and it could be a new wave 1
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