While Dominance alone doesn't mean much for spot, let's keep this in mind. New cycle already started ?
Note
Big move after retest of 1.618 ( 43.05 ) looking like it will skyrocket nowNote
Dominance ready to retest 3.618 fib !Note
Looks like ALT season is taking placeNote
4.618 break outNote
Let's speculate ALT season will take place at 6.618 fib or 1.618 circle fib and observe what happensNote
That's the end of 1.618 circle fibNote
6.618 perforatedNote
6.618 retest, ALT SEASON ?Note
BTC Dominance still rising, so it looks like it will only stop when touching the big red fib circle. Let's watch how it unfolds
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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.