BTC Dominance is at peak of 70 as the time of writing. As you can see on the weekly chart we are right below and currently being rejected by the 200 Weekly MA. Chart patterns shows a weekly rising wedge starting from Jan 2018 up to date and smaller rising wedge from May 2019 up to this date. being said, we are at the top of the upward rising resistance and tip of...
We are potentially forming an ascending triangle on weekly chart which by basic TA is bullish but until proven otherwise it is not valid. Indicators shows a bull cross on weekly 20 MA (Color Blue) and 100 MA ( Color orange) could sparks upward action in the coming weeks. As long as we haven't broken our higher low at around 9k price bull trend is still intact. For...