BTC dominance can retry 40% support. Alt season is coming?
We all know BTC is the king, and its dominance gives us important information.
The beautiful rising wedge has been broken down and retested for confirmation. Without any further information we expect seeing 40% soon.
By the way, fibo levels and the horizontal levels help us predict the path.
You might name this "mini alt season".
For the "alt season", we need a new all time low (ATL) on BTC.D chart, which will be discussed after confirmation of the current idea.
Best regards,
Median Eagle.
The beautiful rising wedge has been broken down and retested for confirmation. Without any further information we expect seeing 40% soon.
By the way, fibo levels and the horizontal levels help us predict the path.
You might name this "mini alt season".
For the "alt season", we need a new all time low (ATL) on BTC.D chart, which will be discussed after confirmation of the current idea.
Best regards,
Median Eagle.
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.