


Started a long position for ETH/USDT. Bitcoin market cap dominance is falling, whilst Eth's is rising. We are going to see some new highs, people.
BTC and ETH have been diverging from each other in the past days below the mean level. This is looking to be a prime opportunity to Long BTC and Short ETH.
BTC is in a triangle formation at the moment. Waiting to see if it breaks out or breaks down. The DXY has regained some strength and BTC dominance is decreasing, so a breakdown is very possible. However, if it breaks upwards through the triangle, I suspect it will go to around 50k in the coming days/weeks according to time theory and price theory in Ichimoku Kinko...
Resistance ahead. If BTC breaks through, it could be quite bullish in for coming days. If the support holds a double bottom, I will look for a long trade. If the support doesn't hold, I will look for a short.