BTC.D//Whats Next?
Updated
There has been multiple M and W patterns formed within this range for the past few weeks.
I'm fairly new to Crypto so besides market cap and big news, I don't know exactly how many factors affect BTC.D
But I do know, Alts suffer when Dominance appreciates.
-Currently there is a Gartley Pattern printed. However, In my opinion, this is no mans land to trade right now unless its on the smaller TF.
What I see setting up is either a W/Bat Pattern to form at the 0 line, or we form an Overextended W anywhere between -0.272 and -0.618.
Let me know your thoughts on what you see happening next from a technical and fundamental standpoint.
I'm fairly new to Crypto so besides market cap and big news, I don't know exactly how many factors affect BTC.D
But I do know, Alts suffer when Dominance appreciates.
-Currently there is a Gartley Pattern printed. However, In my opinion, this is no mans land to trade right now unless its on the smaller TF.
What I see setting up is either a W/Bat Pattern to form at the 0 line, or we form an Overextended W anywhere between -0.272 and -0.618.
Let me know your thoughts on what you see happening next from a technical and fundamental standpoint.
Note
Note
There you go
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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