Heres a few bearish ideas for BTC Dominance. Alts will run very well if this continues the downtrend.
BTC price action swings are a nearly identical to the previous downtrend only 'flipped'.
Falling wedge broke out on 1HR and retested support.
Well... here we are. Retesting the neckline of a massive rounded bottom.
Possible cup and handle and bullish divergence on Histogram.
Possible Bullish Reversal pattern. Potential for high % profits for Canopy Growth. (Canadian Cannabis Stock)
Finally got that bounce. Inv head and shoulders inside broadening wedge. 200SMA overhead resistance. Bullish MACD Cross. Bullish divergence playing out (HIST, RSI)
Finally got that bounce. Inv head and shoulders inside broadening wedge. 200SMA overhead resistance.
TOTAL2 broke out of a multi month downtrend. I suspect the next move higher will be extraordinary.
TOTAL2 needs to choose between a bullish break higher or a retest of daily falling wedge
Looks like a possible triple bottom forming after the break lower from wedge/descending triangle.
Looks like an Adam and Eve with a C&H. Might see a move higher.
My thoughts are BTC Dom might cool off and give ALTS their time to shine.