NOT A FINANCIAL ADVISOR!
There is currently the possibility to break upwards the broadening wedge.
But the currently there seems to be developing a Hanging man reversal candle.
(need to wait some hours to confirm the current candle close)
RSI still has some room to go before topping out.
Patience ... wait and see!
Note
Weekend action ... Alts Time!!Note
BTC has a good chance to increase even further its dominance!Note
I have to be honest...I was expecting a rejection at the resistance but ... if BTC.D breaks the resistance ... bye bye Alts!Note
Dogecoin pumps preceeds Alts SeasonsTrade closed: stop reached
Very on the fence with this as we are seeing a daily breakout on the BTC.D - 1D:Note
Still I would prefer to wait so that we can see a higher high and not a double top formation.Note
Reaching the last target.Some people are calling for BTC.D=80 ... for me this was the last target.
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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.