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
BTC.D and it is retesting the ceiling resistance for 10 days streak nowNext 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
Note
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
Note
Again, a nude candle today going down; dominance here is flerting with the down trendline; eventualy it is going to effectively break downward
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With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Do you want to trade like a time traveler from future knowing exactly what markets will do?
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.