DOMINANCE - the manipulation!
The weekly chart clearly shows a confirmed breakdown of the rising wedge pattern.
Everyone was waiting for a retest to buy in, expecting dominance to drop and altcoins to rally—but that never happened.
Why?
Because when everyone expects a move, the market does the opposite.
What actually happened?
-The market shocked everyone with a parabolic dominance surge to 64%.
-Over $182 billion was drained from the market in just two days.
-Altcoins suffered a brutal crash, with some dropping over 50%.
-Most assets hit extreme lows, forcing mass panic selling at heavy losses—which we predicted a week in advance.
-A sharp altcoin rebound happened the same day, while dominance dropped from 64% to 61%, stabilizing at this level.
What’s next?
The rising wedge pattern is still in play, but its targets won’t be hit without manipulation.
I expect heavy market manipulation in the coming days, with dominance fluctuating between 60% and 63%, designed to drain traders’ portfolios—especially futures traders.
The expected price action is outlined in this chart. Take a look, and you'll clearly see how manipulation operates in this market.
Best regards Ceciliones🎯
Everyone was waiting for a retest to buy in, expecting dominance to drop and altcoins to rally—but that never happened.
Why?
Because when everyone expects a move, the market does the opposite.
What actually happened?
-The market shocked everyone with a parabolic dominance surge to 64%.
-Over $182 billion was drained from the market in just two days.
-Altcoins suffered a brutal crash, with some dropping over 50%.
-Most assets hit extreme lows, forcing mass panic selling at heavy losses—which we predicted a week in advance.
-A sharp altcoin rebound happened the same day, while dominance dropped from 64% to 61%, stabilizing at this level.
What’s next?
The rising wedge pattern is still in play, but its targets won’t be hit without manipulation.
I expect heavy market manipulation in the coming days, with dominance fluctuating between 60% and 63%, designed to drain traders’ portfolios—especially futures traders.
The expected price action is outlined in this chart. Take a look, and you'll clearly see how manipulation operates in this market.
Best regards Ceciliones🎯
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t.me/itradeoncrypto
🎯 JOIN VIP FOR FREE!🎯
t.me/Cecilion1
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bitmex.com/register/SMWPBc
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.
🔻 telegram channel 🔻
t.me/itradeoncrypto
🎯 JOIN VIP FOR FREE!🎯
t.me/Cecilion1
join me at BitMEX platform and enjoy exclusive offers!🔥
bitmex.com/register/SMWPBc
t.me/itradeoncrypto
🎯 JOIN VIP FOR FREE!🎯
t.me/Cecilion1
join me at BitMEX platform and enjoy exclusive offers!🔥
bitmex.com/register/SMWPBc
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.