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Btcdominancelong

BTC.Dominance Elliott Waves Analysis (midterm Expectations)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Nothing has changed from my last (LONGTERM) idea. Earlier, I assumed a decrease in the dominance of bitcoin to the level of 40% in wave (b), which, as you can see, we got. Now I expect a wave (c) somewhere in ~44% area. After which, a global decline in dominance will begin with a target zone of 35-30% and liquidity will be poured into altcoins. Target zone: 43-44% cancellation of grow - consolidation below 39%. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
CRYPTOCAP:BTC.DLong
by trytofeelpositive
11
#BTC Dominance following the path! Part IIWelcome to this extensive analysis BTC Dominance. If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. BTC Dominance is following the previous chart so far. Although there's some initial rejection at the red zone. A break above that red zone is likely which will take us to 45.5% range. A rejection at that point could result in fireworks across the btc pair altcoins. For now expect some more bloodbath in Altcoins till dominance reaches the legacy trendline resistance which will eventually give us some good buying opportunities. We will asses our strategy to enter altcoins when we reach there. It's better to wait for now. Invalidation:- Daily close below the blue MA. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.D
by Cryptorphic
2