As long as the dominance fluctuates in the bullish channel we are in an uptrend on dominance.it could cause some retracement in BTC price tho.
Kommentar:
as BTC is recovering the dominance correcting
Kommentar:
something we have to consider :
as I see we have 2 channels involve in the BTC.D these days.
1- bullish purple
2- static yellow
as I see we have 2 good support and 2 good resistance for Dominance to react on them if It reaches each of them.
as I see we have 2 channels involve in the BTC.D these days.
1- bullish purple
2- static yellow
as I see we have 2 good support and 2 good resistance for Dominance to react on them if It reaches each of them.
Kommentar:
another important thing is we are in a triangle, which means breaking out from each side COULD cause a sharp movement to the target area
in which scenario the BTC price will heavily affect.
and that will be the real BULL/BEAR market for a couple of months.
in which scenario the BTC price will heavily affect.
and that will be the real BULL/BEAR market for a couple of months.
Kommentar:
the struggle between EMA 50 and 200 continues
let's see which one will win this fight
let's see which one will win this fight
Kommentar:
going up from this stage is kinda messy. need a little rest to continue,
however its kinda tricky not to say we didn't saw the expanding triangle
however its kinda tricky not to say we didn't saw the expanding triangle
Kommentar:
it could be a simple pullback, not sure .
if breaks the white line will fall to the red one
if breaks the white line will fall to the red one
Kommentar:
reacted to the white line but still continue
Trade geschlossen: Ziel wurde erreicht:
the first target fulfilled
The second will be soon.
we will have a restacement then
The second will be soon.
we will have a restacement then
Kommentar:
dominance update will continue in another idea
BTC is recovering so there is the possibility for Dominance to make another downtrend pattern in small time frames