ETH Dominance: Inverted H&S

as the dominance of BTC (ascending triangle, already confirmed), ETH is also pushing towards the break of an important resistance, it is a head and shoulders of reversal (not confirmed yet)

confirmation could bring ETH back to 21%

on the contrary, the dominance of the altcoins lies on a possible bearish head and shoulders

confirming this, many (many) altcoin charts have potential bearish formations
altcoinsChart PatternsCryptocurrencycryptodominanceEthereum (Cryptocurrency)

Also on:

Related publications

Disclaimer