Hello, Skyrexians!
It's not a secret that we are waiting for Bitcoin dominance drop to at least 62% right now, but after that we expect the final shakeout to 67%, but the
OTHERS.D gave us a hint that may be this shakeout will not affect on low cap alts that much like on top-10.
Let's take a look at the 12h time frame to see the waves in details. After a large wave 3 we have seen the triangle correction in wave 4, after that price showed the impulsive structure in wave 5. Subwaves 3 and 5 formed divergence with the Awesome Oscillator. Yesterday's dump looks like the deep wave 2 inside new impulse to the upside. Green dot was formed on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] which confirms the further growth scenario.
Best regards,
Ivan Skyrexio
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
It's not a secret that we are waiting for Bitcoin dominance drop to at least 62% right now, but after that we expect the final shakeout to 67%, but the
OTHERS.D gave us a hint that may be this shakeout will not affect on low cap alts that much like on top-10.Let's take a look at the 12h time frame to see the waves in details. After a large wave 3 we have seen the triangle correction in wave 4, after that price showed the impulsive structure in wave 5. Subwaves 3 and 5 formed divergence with the Awesome Oscillator. Yesterday's dump looks like the deep wave 2 inside new impulse to the upside. Green dot was formed on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] which confirms the further growth scenario.
Best regards,
Ivan Skyrexio
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Disclaimer
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Related publications
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.