BTC.Dominance Elliott Waves Analysis (midterm Expectations)
Updated
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Everything on the chart.
Nothing has changed from my last (LONGTERM) idea.
Earlier, I assumed a decrease in the dominance of bitcoin to the level of 40% in wave (b),
which, as you can see, we got. Now I expect a wave (c) somewhere in ~44% area.
After which, a global decline in dominance will begin with a target zone of 35-30% and liquidity will be poured into altcoins.
Target zone: 43-44%
cancellation of grow - consolidation below 39%.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Please support my work by clicking the LIKE buttonđź‘Ť(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Nothing has changed from my last (LONGTERM) idea.
Earlier, I assumed a decrease in the dominance of bitcoin to the level of 40% in wave (b),
which, as you can see, we got. Now I expect a wave (c) somewhere in ~44% area.
After which, a global decline in dominance will begin with a target zone of 35-30% and liquidity will be poured into altcoins.
Target zone: 43-44%
cancellation of grow - consolidation below 39%.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Trade active
everything according planTrade closed: target reached
i think we should touch 44%, but minimal target was already reached
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