Bitcoin Dominance trapped in a Bearish Shark
Updated
Hi everyone
According to this bearish shark pattern we have to wait for the trend to test the PRZ which is near the support dynamic level.
It seems that this pattern causes more dumping of BTC price but the more important thing is that it probably wont cause Altcoin season and dumping of the Altcoins may be more significant making the dominance decreased.
GOOD LUCK
According to this bearish shark pattern we have to wait for the trend to test the PRZ which is near the support dynamic level.
It seems that this pattern causes more dumping of BTC price but the more important thing is that it probably wont cause Altcoin season and dumping of the Altcoins may be more significant making the dominance decreased.
GOOD LUCK
Note
Hi friends According to my last TA our shark 113 pattern are completed but because its TRZ has not been tested yet this pattern is taking more time to the due time and then will start to make its decreasing TP leg (YELLOW LINE) and can expect BEARISH MARKET FOR BTC.
It is just my idea and there is no stability on it.
HAVE A GOOD DAY
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